DIRS.INFO The most relevant business & tech news

☆ Analysis-As China's Xi Summons 'New Productive Forces', Old Questions Linger for Economy
▼ + stars: | 2024-03-05 | by ( March | At P.M. | ) www.usnews.com time to read: +5 min

By James Pomfret, Kevin Yao and Ellen ZhangHONG KONG/BEIJING (Reuters) - Facing its deepest economic challenges in years, China's leadership has tasked ministries and local governments with implementing a new mantra from President Xi Jinping: unleash "new productive forces". Beijing hopes the “new productive forces” campaign will strengthen China at a time when geopolitical pressures including steps by the United States to “decouple” or “de-risk” have curtailed access to foreign technology. "To support innovation, we should give people more freedom to think and talk, because many innovations result from the collision of ideas. The new mantra was also taken up by China's state planning agency, the National Development and Reform Commission. Its annual report on Tuesday pledged support for industries including satellite internet applications, China's BeiDou Navigation Satellite System, and research into nuclear fusion.

Persons: James Pomfret, Kevin Yao, Ellen Zhang HONG, Xi Jinping, Li Qiang, Xi’s, Xi, Tianchen Xu, Li, Steve Tsang, Ellen Zhang, Nick Macfie Organizations: Communist Party, Party, Reuters, Economist Intelligence Unit, SOAS China Institute, National Development, Reform Commission Locations: Ellen Zhang HONG KONG, BEIJING, China, China’s, Beijing, United States, London, Pearl

☆ Apple iPhone sales plunge 24% in China as Huawei smartphone business resurges, report says
▼ + stars: | 2024-03-05 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Sales of Apple's iPhone plunged in China in the first six weeks of 2024, according to a Counterpoint Research report. The analyst firm said in a note on Tuesday that iPhone sales plunged 24% in the period, as Apple faced stiff competition from local smartphone firms like Huawei, Oppo, Vivo, and Xiaomi. In particular, Apple came under major pressure from Chinese tech giant Huawei, whose consumer business is experiencing a resurgence in China after the launch of its Mate 60 smartphone. Oppo's smartphone shipments dropped 29% year-on-year, while Vivo and Xiaomi logged drops of 15% and 7%, respectively, according to Counterpoint Research. Huawei smartphone unit shipments rose 64% year-over-year in the first six weeks of 2024, according to Counterpoint Research.

Persons: Apple, Neil Shah, Shah, Arjun Kharpal Organizations: Apple, Research, Huawei, Oppo, Counterpoint Research, CNBC Locations: Yantai, East China's Shandong, China, Vivo, U.S, iPhones

☆ War in the Pacific wouldn't be all aircraft carriers and air power, and a top general says the US Army won't be sitting on the sidelines
▼ + stars: | 2024-02-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

The US Army would play a pivotal role should conflict arise in the Pacific, a top general told Business Insider. While maritime and air power are vital, the US Army and its allies "bind the region together." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "It is a Joint theater, with joint challenges, that require both Joint and multinational solutions!" USARPAC is the Army's largest theater army and covers the Army's largest region of operation, making its involvement in the area critical should war unfold.

Persons: —, Charles Flynn, USARPAC, Flynn, Molly Treece, China's, Keon Horton Organizations: US Army, Business, Service, US Army Pacific, Pentagon, East China, Paratroopers, 2nd Infantry Brigade Combat Team, 11th Airborne Division, Boeing, Donnelly Training, Delta Junction, U.S, Army, Pacific Command, 3rd Battalion, 509th Parachute Infantry Regiment, Pacific Multinational Readiness Locations: Pacific, China, Wainwright, Fairbanks , Alaska, Taiwan, South, East, Delta, AK, Alaska, Hawaii

☆ US Army soldiers are working closer than ever with allies in the Pacific to counter China's 'aggressive, insidious' ways, top general says
▼ + stars: | 2024-02-22 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementU.S. Army Gen. Charles Flynn, Commander of the U.S. Army Pacific, speaks with soldiers from the 1st Infantry Brigade Combat Team, 11th Airborne Division, during Joint Pacific Multinational Readiness Center 24-02 at Donnelly Training Area, Alaska, Feb. 15, 2024. This month, US Army Pacific conducted its JPMRC training rotation in Alaska, where thousands of troops are trained to wage war in frigid, Arctic conditions. The Joint Pacific Multinational Readiness Center also does a training rotation in Hawaii, where troops conduct exercises in the jungle. That training is also conducted with a host of US allies and partners in the Pacific.

Persons: —, Army Pacific's, IPACC, Gideon Battis Gen, Charles A, Flynn, he's, Charles Flynn, Mike Godinez, Martinez, USARPAC, Joseph A, Ryan Organizations: Service, US Army, Pacific Multinational Readiness, Army, Business, Pentagon, Department of Defense, People's Liberation Army, Navy, Rocket Force, East China Seas, Combat, US Army Pacific, U.S . Army Pacific, 1st Infantry Brigade Combat Team, Airborne, Donnelly Training, U.S, Talisman, Talisman Sabre, Pacific Multinational Readiness Center Locations: China, Pacific, Australia, Alaska, Hawaii, People's Republic of China, United States, Philippines, Taiwan Strait, East, South Korea, Japan, Thailand

☆ Red Sea attack-fueled ocean freight inflation is starting to ease on key global trade routes
▼ + stars: | 2024-02-15 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

Future Publishing | Future Publishing | Getty ImagesThe Red Sea crisis has fueled a sharp spike in ocean freight inflation over the past two months, but there are signs that upward pressure on shipping rates on key trade routes may have peaked. Shipping rates on ocean routes from Asia to the U.S. are beginning to decline, based on analysis of the latest cargo data from Xeneta, a leading ocean and air freight benchmarking platform. The reversal in ocean freight pricing comes despite a maritime threat to global commercial shipping companies that shows no signs of waning. The timing of the rate decreases could influence new contracts in negotiations between ocean freight carriers and shippers at the beginning of March. "Either way, the next few weeks is crunch time for both ocean freight carriers and shippers and could define their fortunes for the rest of 2024."

Persons: Emily Stausbøll, Stausbøll Organizations: Future Publishing, Shipping, United Kingdom Maritime Trade, CNBC, FEU, U.S ., U.S Locations: Qingdao, Shandong province, Asia, Xeneta, Europe, U.S, East Coast, West Coast, Aden, Yemen, West, East, U.S . West Coast, Covid, Africa, Suez

Over the last several years, such upstart consumer brands have been gaining market share in China and South Korea, according to a report from Bain and Company released Monday. China and South Korea stood out as markets where insurgent brands were doing particularly well. In South Korea, incumbent brands dominated just four sectors — fragrances, confectionery, diapers and bottled water, the report showed. High penetration of e-commerce in Indonesia (26%) and Singapore (13%) also gave insurgent brands a boost. Incumbent brands still hot

Persons: David Zehner, Bain, Zehner, There's, It's Organizations: Future Publishing, Bain and Company, Bain, CNBC Locations: Qingzhou city, East China's Shandong, Asia, China, South Korea, Pacific, South, Indonesia, Singapore, Malaysia, Philippines, India, confectionary

☆ China's population decline likely won't be solved by throwing money at its citizens, an expert on China says
▼ + stars: | 2024-02-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

China's ruling party introduced a "three-child policy" in 2021, welcoming families to have more than two children. A solution for China's demographic crisis likely won't come through a few policy initiatives, Wang argued. The law was introduced, in part, as an effort to boost the country's birth rate. Taiwan has so far invested $3 billion in implementing programs to get more citizens to have children, The Los Angeles Times reported. This is a "global shift," Wang told BI.

Persons: —, Wang Feng, Wang, BI's Huileng Tan, China's, Ethan Michelson, Michelson Organizations: Service, country's National Bureau, Statistics, Business, University of California, Communist Party, Chinese Community Party, Ethan Michelson , Indiana University Bloomington's, East Asian, BI, Los Angeles Times Locations: country's, China, Irvine, Hangzhou, East China, Wenzhou, Ethan Michelson ,, Seoul, South Korea, Italy, Taiwan

☆ China is facing a brutal reality as it desperately tries to fix its population decline problem
▼ + stars: | 2024-02-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

China's population fell for a second consecutive year as the birth rate reached a record low. AdvertisementFor the second year in a row, China's population fell. But still, the Chinese population — young people, in particular — did not bite. The law was introduced, in part, as an effort to boost the country's birth rate. This is a "global shift," Wang told BI.

Persons: —, Wang Feng, Wang, BI's Huileng Tan, China's, Ethan Michelson, Michelson Organizations: Service, country's National Bureau, Statistics, University of California, Communist Party, Chinese Community Party, Ethan Michelson , Indiana University Bloomington's, East Asian, BI, Los Angeles Times Locations: country's, China, Irvine, Hangzhou, East China, Wenzhou, Ethan Michelson ,, Seoul, South Korea, Italy, Taiwan

☆ US aircraft carriers lead ‘large deck’ exercises with Japan east of Taiwan
▼ + stars: | 2024-02-01 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

Seoul, South Korea CNN —A dozen United States and Japanese warships, including two US aircraft carriers, have been putting on a show of military might this week in the Philippine Sea east of Taiwan. The US Navy aircraft carriers USS Carl Vinson and USS Theodore Roosevelt were joined by the Japan Maritime Self-Defense Force helicopter destroyer JS Ise, seven US guided-missile destroyers and two US cruisers for what the Navy calls a Multi-Large Deck Event (MLDE). An F/A-18E Super Hornet takes off from the aircraft carrier USS Carl Vinson during exercises in the Philippine Sea on Jan. 31. Potential maritime flashpointsThat broad area reaches as far south as islands and reefs in the South China Sea, where Chinese and Philippine vessels have been in recent confrontations. “The coercive pressure campaign against Taiwan continues, and we’re watching it in the wake of the elections,” Aquilino told the Pacific Forum.

Persons: Carl Vinson, Theodore Roosevelt, ”, Carlos Sardiello, Vinson, Collin Koh, ” Koh, Ronald Reagan, Dwight D Eisenhower –, Carl Schuster, ” Schuster, Xi Jinping, John Aquilino, ” Aquilino, “ I’m Organizations: South Korea CNN, United, Analysts, US, US Navy, Japan, Self, Defense Force, Ise, Carrier Strike, Navy, Rajaratnam, of International Studies, CNN, USNI, Pacific Command’s Joint Intelligence Center, East China, Democratic Progressive Party, Communist Party, Clinton, Party, Taiwan, Pacific Command, Pacific Locations: Seoul, South Korea, United States, Philippine, Taiwan, China, U.S, Japan, Pacific, Singapore, Asia, Red, Yemen, Hawaii, South China, East, Senkaku, Beijing, fmr

☆ China says US military makes region more dangerous after Navy ship sails through Taiwan Strait
▼ + stars: | 2024-01-26 | by ( Brad Lendon | ) edition.cnn.com time to read: +4 min

Seoul, South Korea CNN —China accused the United States military of “abusing international law” and continuing a pattern of “dangerous provocations” in East Asia Thursday, after a US Navy destroyer made the service’s first transit of the Taiwan Strait of 2024. The USS John Finn (DDG 113) conducts routine operations in the East China Sea, on January 24, 2024. John Finn’s transit through the Taiwan Strait demonstrates the United States’ commitment to upholding freedom of navigation for all nations as a principle,” Greene said. While the John Finn’s transit of the Taiwan Strait was the first of 2024, US warships and warplanes regularly travel through and over the waterway. Aquilino told a defense forum in Hawaii that he expected a show of force from China against Taiwan in the wake of the election result.

Persons: ”, John Finn, Xi Jinping, reunify, Justin Stack, Cmdr, Meagan Greene, John Finn’s, ” Greene, John, Collin Koh, Washington, Wu Qian, “, John Aquilino, Aquilino, ” Aquilino, ” Koh Organizations: South Korea CNN, United, US Navy, Democratic Progressive Party, Party, Taiwan, Taiwan Relations, U.S . Navy US Navy 7th Fleet, Coast Guard, Rajaratnam, of International Studies, China’s Defense Ministry, Xinhua, China -, Defense, Pacific Command, Communist Party, Clinton, CNN, Pacific Locations: Seoul, South Korea, China, United States, East Asia, Taiwan Strait, Taiwan, Beijing, East China, State, States, Singapore, China - U.S, U.S, Hawaii, Honolulu ., Washington

☆ A US Air Force fighter wing is asking the public to please stop pointing lasers at its aircraft
▼ + stars: | 2024-01-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

A US Air Force fighter wing is asking people to stop aiming laser pointers at its aircraft. The UK-based fighter wing said this activity poses a "serious threat to flight safety." AdvertisementA US Air Force fighter wing based in the UK published an advisory asking people to stop pointing lasers at its aircraft. The 48th Fighter Wing out of RAF Lakenheath said on Thursday that there have been recent incidents of laser pointers being aimed at fighter aircraft during flight operations, raising "significant concerns." "This dangerous activity, known as 'lasing,' poses a serious threat to flight safety," the fighter wing wrote in a media advisory.

Persons: It's, —, Lakenheath, RAF Lakenheath Organizations: US Air Force, Service, Air Force, Fighter, Lakenheath, RAF, US Air Forces, Kirtland Air Force Base, FBI, RAF Lakenheath, 48th Fighter Wing, Pentagon, US Navy Locations: London, England, Europe, New Mexico, China, Djibouti, East, Iran

☆ Nvidia's Jensen Huang sheds his biker chic look to dance in a red floral vest during a visit to China
▼ + stars: | 2024-01-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Read previewAs the cofounder and CEO of Nvidia, Jensen Huang is known for building the company into the world's leading AI chipmaker. AdvertisementNvidia CEO Jensen Huang visited the company's offices in Shanghai, Beijing, and Shenzhen last week, taking part in year-end festivities. He engaged in the traditional twist Yangge, a popular rural folk dance in northeast China, wearing a traditional flower-patterned vest. Huang's trip to China came amid intensifying rivalry between Washington and Beijing over a range of issues, including tech and geopolitics. The restrictions thrust Nvidia into a difficult position since China has typically accounted for about one-fifth of the company's revenue.

Persons: —, Jensen Huang, He's, Huang, SCMP, Nvidia’s, …, Biden Organizations: Service, Nvidia, Business, Business Insider, Bloomberg, China Morning Locations: China, Shanghai, Beijing, Shenzhen, Washington

☆ Here are Thursday's biggest analyst calls: Apple, Netflix, Nvidia, Meta, Rivian, Costco, Hertz, Microsoft & more
▼ + stars: | 2024-01-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Bank of America upgrades Apple to buy from neutral Bank of America said AI and Vision Pro should drive upside for Apple. Bank of America reiterates Microsoft as buy Bank of America raised its price target on Microsoft to $450 per share from $430. Guggenheim reiterates Target as buy Guggenheim said Target is well positioned in 2024. Bank of America names Harley Davidson a top pick Bank of America said the motorcycle company is well positioned for 2024. " Bank of America reiterates ServiceNow as a top pick Bank of America said the stock remains a top idea for 2024.

Persons: KBW downgrades Charles Schwab, KBW, Mizuho, Robinhood, ., DA Davidson, Baird, Rivian, Wolfe, it's, Wells, it's bullish, Bernstein, Guggenheim, Piper Sandler, Tempur Sealy, TPX, CFRA, Harley Davidson, Oppenheimer, Morgan Stanley, Hertz, ServiceNow, Argus, Salesforce, Mike Blake Organizations: UBS, Netflix, Bank of America, Apple, of America, Nvidia, Semiconductors, Barclays, Red Rock Resorts, Vegas Locals, Microsoft, Guggenheim, Citi, JetBlue, Spirit, Costco, Piper, Palo Alto Networks, Paramount, Nasdaq, Hertz, Blackrock, Amazon, Deutsche Bank, Deutsche, JPMorgan Locations: repurchases, Palo, Palo Alto, Southeast China, 1H24, Los Angeles

☆ Xi Jinping is in a battle with China's own military, and the outcome could drag the US into WWIII
▼ + stars: | 2024-01-15 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

Xi Jinping is in a struggle with China's military, purging senior commanders to reshape it. A Chinese invasion somewhere like Taiwan could drag the US into a Third World War, one analyst said. AdvertisementXi Jinping is fighting with China's own military, seeking to purge commanders he sees as unwilling or unable to go to war, military analysts told Business Insider. Since taking power in 2012, Xi has overhauled China's military by cutting deep into its personnel, seeking to improve military-civilian cooperation, and reshaping its structure, among other reforms. A Chinese invasion in East Asia would drag Western countries into something larger, he predicted.

Persons: Xi Jinping, —, Gordon Chang, Chang, Xi, Liu Yazhou, Joel Wuthnow, Wuthnow, Biden, Vladimir, Jinping Organizations: Service, Gatestone Institute, Air Force, BI, Center, Chinese Military Affairs, National Defense University, China's, Force, PLA, Navy, NBC News, APEC, WWIII Locations: Taiwan, China, Washington , DC, India, Japan, East China, Philippines, South China, San Francisco, Ukraine, Russia, insurgencies, Africa, Gaza, Red, Persian Gulf, East Asia, Israel, United States

☆ China’s youths throng bargain basements as economy bites: ‘The first floor is too expensive’
▼ + stars: | 2023-12-06 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

Future Publishing | Future Publishing | Getty ImagesMin Li doesn't go to the mall often. The name of the game for Chinese youth in 2024 is trading down. Anything not in the basement floors is considered to be "in heaven," signaling it's out of reach. Citizens shopping for Mid-Autumn Festival gifts at a shopping mall in Yantai, East China's Shandong province, Sept 25, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images"The name of the game for Chinese youth in 2024 is trading down.

Persons: Min Li doesn't, Gucci, Chanel, Louis Vuitton, She's, Shaun Rein, Rein, Jia Miao, Jia, Chung Chi, Miao Organizations: Future Publishing, Getty, Apple, China Market Research Group, Starbucks, China Market Research, Weibo, Citizens, Publishing, New York University Shanghai, MyCOS Research, NYU Shanghai, Hong Kong Polytechnic University, McKinsey, China's, China News Service Locations: Yantai, East China's Shandong province, Weibo, East China's Shandong, Covid, NYU Shanghai China, Shanghai, Guangzhou

☆ Evergrande shares rise over 9% as court hearing to wind up property firm is postponed again
▼ + stars: | 2023-12-04 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

NANJING, CHINA - AUGUST 18, 2023 - Aerial photo shows a residential area of Evergrande in Nanjing, East China's Jiangsu province, Aug 18, 2023. The firm was originally scheduled to face a Hong Kong court hearing on Monday over a petition from a creditor seeking to wind up the company. Shares of Evergrande Group rose over 9% as the beleaguered Chinese property firm's court hearing over its possible liquidation was postponed to Jan. 29, 2024. Top Shine, an investor in Evergrande unit Fangchebao, had filed a petition in June 2022 seeking to wind up the property firm. The agency, however, reported that creditors were unlikely to accept Evergrande's new proposal, given low recovery prospects and growing concerns about its future.

Persons: Linda Chan Organizations: Getty, Hong, Bloomberg, Reuters, Hong Kong, Evergrande, New Energy Vehicle Group Locations: NANJING, CHINA, Evergrande, Nanjing, East China's Jiangsu, Hong Kong, Hong Kong's

☆ CNN took an 11-day cruise through some of the most-contested waters on Earth. Here’s what we learned
▼ + stars: | 2023-12-03 | by ( Brad Lendon | ) edition.cnn.com time to read: +23 min

China claims almost all of the 1.3 million-square-mile South China Sea as its sovereign territory. In daylight hours in the South China Sea, from Ottawa’s flight deck or outdoor bridge wings, Chinese warships are often visible to the naked eye. Aviator Gregory Cole/Canadian Armed Forces PhotoOn October 29, things take a potentially dangerous turn, one that could have cost lives and ratcheted up tensions in the South China Sea to new levels. Radar operators scan their instruments in a Canadian antisubmarine warfare helicopter over the East China Sea. Hammerhead targets drones await their fate on the deck of the frigate HMCS Ottawa in the South China Sea.

Persons: Sam Patchell, Jacob Broderick ,, Ben Hughes, Gregory Cole, he’s, “, King Neptune, Xi Jinping, Brad Lendon, Rafael Peralta, Collin Koh, ” Patchell, Patchell, Aviator Gregory Cole, ”, haven’t, Xi, Rob Millen, they’d, Long, Peralta, It’s, Qinetiq, Noble, That’s, Cmdr, Sean Milley, Christine Hurov, Wally Shirra, it’s, Wally Schirra, Loverboy’s, Australia’s, doesn’t, We’ll Organizations: HMCS, HMCS Ottawa CNN, Royal Canadian Navy, Canada, United, Naval Warfare Officers, Canadian Armed Forces, US Navy, Ottawa, CNN, Canada’s Defense Ministry, Chinese Communist Party, Coast Guard, Rajaratnam, of International Studies, People’s Liberation Army Navy, PLA Navy, United Nations, Ottawa's, Cyclone, Canadian, Royal Canadian Air Force, Chinese Defense Ministry, Pentagon, troika, Peralta, Brisbane, CNN Radio, New, New Zealand Navy’s, Cmdr, HMNZS Aotearoa, Australian, Southern Hemisphere, One Locations: HMCS Ottawa, Taiwan, Ottawa, China, United States, Canadian, South China, Gaza, Ukraine, East, Washington, Singapore, Beijing, Spratly, Vietnam, Philippines, Malaysia, Brunei, Chinese, South, East China, CNN Beijing, Canada, Gulf of Mexico, West Coast, Australian, Brisbane, Australia, Japan, New Zealand, Okinawa, replenishments, Aotearoa, American, Ottawa’s

☆ China's respiratory illness rise due to known pathogens - official
▼ + stars: | 2023-12-02 | by ( ) www.cnbc.com time to read: +1 min

A child gets an intravenous drip at a hospital in Hangzhou in east China's Zhejiang province. China's surge in respiratory illness is caused by known pathogens and there is no sign of new infectious diseases, a health official said on Saturday as the country faces its first full winter since lifting strict COVID-19 restrictions. The spike in illness in the country where COVID emerged in late 2019 attracted the spotlight when the World Health Organization sought information last week, citing a report on clusters of undiagnosed pneumonia in children. Chinese authorities will open more paediatric outpatient clinics, seek to ensure more elderly people and children receive flu vaccines and encourage people to wear masks and wash their hands, Mi Feng, an official with China's National Health Commission, told a press conference. Doctors in China and experts abroad have not expressed alarm about China's outbreaks, given that many other countries saw similar increases in respiratory diseases after easing pandemic measures, which China did at the end of last year.

Persons: Mi Feng Organizations: World Health Organization, China's National Health Commission Locations: Hangzhou, Zhejiang province, China

☆ China consumption shows 'no sign' of a strong V-shaped recovery, McKinsey says
▼ + stars: | 2023-12-01 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

"But there are no signs it should be a strong, V-shaped recovery," said Zipser, who is also a senior partner at McKinsey and author of a new report called "China Consumption: Start of a New Era." China's retail sales have generally remained lackluster since the onset of the Covid-19 pandemic in early 2020. The overall economic recovery and the recovery of the property market has not been what people hoped for. "The overall economic recovery and the recovery of the property market has not been what people hoped for," he said. China's retail sales rose by 7.6% in October from a year ago, beating analysts' expectations.

Persons: Daniel Zipser, Zipser, Major Organizations: Future Publishing, Getty, BEIJING, McKinsey, Apple, Starbucks, World Bank . U.S Locations: Lianyungang City, East China's Jiangsu Province, Asia, China, South Korea, India, Indonesia

☆ China's Xi tells coast guard to enforce maritime law
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +1 min

China's President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California, U.S. November 17, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsBEIJING, Dec 1 (Reuters) - China's President Xi Jinping has said the country's coast guard must enforce maritime law and crack down on "criminal activities" to defend China's territorial sovereignty, state media reported on Friday. Xi made the comments as he inspected the China Coast Guard's command office for the East China Sea area and the performance of the coast guard's ships by video, Xinhua news agency reported. "It is necessary to establish and improve the coordination and cooperation mechanism of maritime law enforcement, severely crack down on illegal and criminal activities at sea," Xi said. The Chinese coast guard has had several confrontations with vessels from the Philippines in disputed territorial waters in the South China Sea.

Persons: Xi Jinping, Carlos Barria, Xi, Ella Cao, Bernard Orr, Christina Fincher, Barbara Lewis Organizations: Economic Cooperation, REUTERS, Rights, East, Thomson Locations: Asia, San Francisco , California, U.S, Rights BEIJING, East China, Xinhua, Philippines, South China

Neither South Korea, the United States nor Japan, all of which are experiencing increasing military tensions with North Korea, could confirm the satellite had made it into orbit. But South Korea called the launch a “clear violation” of a UN Security Council resolution that prohibits North Korea from using ballistic missile technology. North Korean leader Kim Jong Un celebrates Tuesday night's satellite launch with workers in an image provided by state-run media. Japanese Defense Minister Hiroyuki Miyazawa said his country was still trying to determine whether North Korea’s satellite had reached orbit. In that meeting, Putin signaled a willingness to assist North Korea in developing its space and satellite program.

Persons: “, ”, Kim Jong Un, Fumio Kishida, Hiroyuki Miyazawa, KCNA, Kim Song, ” KCNA, Carl Schuster, Ankit, “ They’re, Leif, Eric Easley, Shin Won, sik, Vladimir Putin, Putin, Panda, “ Let’s Organizations: South Korea CNN, Korean Central News Agency, UN, Korean, Japan’s, US, Pyongyang’s, Japanese, Council, North Korean, North, Korea’s National Aerospace Development, Analysts, Pacific Command’s Joint Intelligence, Carnegie Endowment, International, Ewha University, Korea’s Defense Locations: Seoul, South Korea, North Korea, Korea, United States, Japan, Japan’s Okinawa, Japanese, Pyongyang, East China, KCNA . North Korea, Russian, Russia, Koreans

☆ US aircraft carrier Carl Vinson arrives in South Korea port
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +1 min

Fighter jets sit on the U.S. aircraft carrier USS Carl Vinson as it arrives at a port in Busan, South Korea, November 21, 2023. Yonhap via REUTERS Acquire Licensing RightsSEOUL, Nov 21 (Reuters) - The U.S. aircraft carrier Carl Vinson arrived at a port in the South Korean city of Busan on Tuesday, in a show of extended deterrence against North Korea's nuclear and missile programs, South Korea's navy said. The arrival comes as North Korea plans to launch a rocket carrying a space satellite between Nov. 22 and Dec. 1 in the direction of the Yellow Sea and East China Sea, according to Japan's Coast Guard,It would mark a third attempt by the nuclear-armed North this year to put a spy satellite into orbit. In a statement, South Korean Rear Admiral Kim Ji-hoon said the arrival of the Carl Vinson showed a "strong combined defence posture and a determined willingness to respond to North Korea's advancing nuclear and missile threats" by the South Korea-U.S. alliance. Reporting by Hyunsu Yim Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

Persons: Carl Vinson, Kim Ji, hoon, Hyunsu Yim, Ed Davies Organizations: U.S, aircraft, Yonhap, REUTERS Acquire, Rights, Japan's Coast Guard, South, Thomson Locations: Busan, South Korea, Rights SEOUL, U.S, Korean, North Korea, East China

☆ North Korea notifies Japan of satellite launch plan between Nov 22 and Dec 1
▼ + stars: | 2023-11-20 | by ( Chang-Ran Kim | ) www.reuters.com time to read: +3 min

TOKYO, Nov 21 (Reuters) - North Korea has notified Japan it plans to launch a rocket carrying a space satellite between Nov. 22 and Dec. 1 in the direction of the Yellow Sea and East China Sea, Japan's Coast Guard said on Tuesday. If carried out, it would likely mark a third attempt by the nuclear-armed state this year to put a spy satellite into orbit. Japan will work with the United States, South Korea and others to "strongly urge" North Korea not to go ahead with the launch, Kishida said. North Korea has not made a formal announcement of the plan on official media. The North considers its space and military rocket programmes a sovereign right, and analysts say spy satellites are crucial to improving the effectiveness of its weapons.

Persons: Fumio Kishida, Kishida, Kim Jong Un, Vladimir Putin, military's Vandenberg, Chang, Ran Kim, Jack Kim, Christina Fincher, David Gregorio, Sandra Maler Organizations: Japan's Coast Guard, Aegis, United Nations, South, Japan, International Maritime Organization, North, U.S, SpaceX, Thomson Locations: TOKYO, North Korea, Japan, East China, United States, South Korea, Pyongyang, Korea, Tokyo, Seoul

☆ Japanese troops drill on island seen as vulnerable to China
▼ + stars: | 2023-11-19 | by ( Tim Kelly | ) www.reuters.com time to read: +2 min

TOKUNOSHIMA, Japan, Nov 19 (Reuters) - Japanese marines in amphibious assault vehicles stormed an island beach at the edge of the East China Sea on Sunday in a simulated attack to dislodge invaders from territory that Tokyo worries is vulnerable to attack from China. Other troops arrived in semi-inflatable rubber boats, with heavy equipment carried to shore on military hovercraft. [1/5]A Japanese Ground Self-Defense Force's Amphibious Rapid Deployment Brigade (ARDB) soldier takes part in a marine landing drill as a part of the country's nationwide 05JX military exercises at Tokunoshima island, Kagoshima prefecture, southwestern Japan, November 19, 2023. Kishida has warned that East Asia could be the next Ukraine, if China, emboldened by Russia's assault on its neighbour, attacks Taiwan. But the yen's sharp decline this year has forced Japan to cut back on some planned purchases, including new models of the U.S.-made Chinook helicopters that Japan's military used in the Tokunoshima drill.

Persons: Yoshihide Yoshida, Issei Kato, Fumio Kishida, Kishida, Tim Kelly, William Mallard Organizations: Self - Defence Forces, Joint Staff, Defence Force, Defense Force, Defense, Rapid Deployment Brigade, REUTERS, U.S, Thomson Locations: TOKUNOSHIMA, Japan, East, Tokyo, China, Russia, North Korea, Tokunoshima, Kagoshima prefecture, Taiwan, Asia, Ukraine, U.S, Beijing

☆ Japanese Troops Drill on Island Seen as Vulnerable to China
▼ + stars: | 2023-11-18 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

By Tim KellyTOKUNOSHIMA, Japan (Reuters) - Japanese marines in amphibious assault vehicles stormed an island beach at the edge of the East China Sea on Sunday in a simulated attack to dislodge invaders from territory that Tokyo worries is vulnerable to attack from China. Other troops arrived in semi-inflatable rubber boats, with heavy equipment carried to shore on military hovercraft. Unlike many of the beaches along Japan's southwest island chain stretching toward Taiwan, the one on Tokunoshima does not have a coral reef that would make military operations more difficult. Kishida has warned that East Asia could be the next Ukraine, if China, emboldened by Russia's assault on its neighbour, attacks Taiwan. But the yen's sharp decline this year has forced Japan to cut back on some planned purchases, including new models of the U.S.-made Chinook helicopters that Japan's military used in the Tokunoshima drill.

Persons: Tim Kelly TOKUNOSHIMA, Yoshihide Yoshida, Fumio Kishida, Kishida, Tim Kelly, William Mallard Organizations: Self - Defence Forces, Joint Staff, Defence Force, Defense Force, U.S Locations: Japan, East, Tokyo, China, Russia, North Korea, Tokunoshima, Taiwan, Asia, Ukraine, U.S

Search resuls for: "East China"

25 mentions found