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☆ Opinion: Twitter is gone. Now we’ll see how many people make X their ‘ex’
▼ + stars: | 2023-07-25 | by ( Opinion Bill Carter | ) edition.cnn.com time to read: +6 min

For a whole lot of people, the latter best describes how they are feeling about Twitter, the live social conversation app. Having overseen — devised, really — the demise of Twitter, Musk has also created a reasonable chance that he could now be in charge of a complete brand blowout, should this daring reboot eventuate in extinction for X. The app formerly known as “Twitter” had almost 370 million users globally in December of last year, after Musk paid (overpaid) $44 billion to buy it. Less than a year later, it is already down to 353 million users, and Statista projects the number will decline to 335 million in 2024. Threads reached 100 million users in five days, which was surely the biggest case in history of rustling wandering strays from the herd.

Persons: Bill Carter, Bill Carter Fred Conrad, it’s, Elon Musk, —, Musk, anoint, Molotov, Imran Ahmed, “ Elon Musk, Linda Yaccarino, Twitter ”, can’t Organizations: The New York Times, CNN, HBO, Twitter, Black, Center, San Francisco, SpaceX, Meta, Facebook, SNL, Nike

☆ Guangdong, China: Six dead after knife attack outside kindergarten in Lianjiang
▼ + stars: | 2023-07-10 | by ( Jessie Yeung | ) edition.cnn.com time to read: +1 min

CNN —Six people have been killed and one injured in an early morning knife attack outside a kindergarten in southern China, according to Lianjiang city police and Chinese state-run media. Video footage from the scene, which circulated online and was then obtained and distributed by Reuters news service, show the assault took place outside a kindergarten. The video shows concerned residents passing by the site of the attack, where a sign outside reads “kindergarten,” and police tape being put up. CNN cannot independently verify details about the victims or the method of attack, and has reached out to local officials. China has faced a spate of mass stabbings in recent years, often targeting children; a 2020 knife attack at an elementary school injured 37 children in the southern Guangxi region, while a 2022 stabbing at a kindergarten killed three in eastern Jiangxi province.

Persons: Wu Organizations: CNN, Global Times, Police, Reuters Locations: China, Hengshan, Lianjiang, Guangdong, ”, Guangxi, Jiangxi

☆ China warns Europe against official ties with Taiwan ahead of minister's visit
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/IllustrationBEIJING/PRAGUE, June 9 (Reuters) - China urged Europe on Friday not to have any official exchanges with Taiwan or support "independence forces" ahead of a planned trip to the continent next week by Taiwan Foreign Minister Joseph Wu. Czech Foreign Minister Jan Lipavsky confirmed Wu was due to visit Prague next week, saying on Friday state officials were not expected to shift from their existing policy towards Taiwan. Taiwan, which is claimed by China, has no formal diplomatic ties with any European country except the Vatican. Asked about the visit on Friday, Czech Minister Lipavsky said he had "been informed" about Wu coming to Prague. In January, then-Czech President-elect Pavel and Taiwan President Tsai Ing-wen spoke by telephone shortly after his election, in a diplomatic coup for Taiwan that infuriated China.

Persons: Dado Ruvic, Joseph Wu, Jan Lipavsky, Wu, Petr Pavel, Lipavsky, Wang Wenbin, Wang, Pavel, Tsai Ing, Marketa Pekarova Adamova, Liz Lee, Robert Muller, Ben Blanchard, Simon Cameron, Moore, Nick Macfie Organizations: REUTERS, Taiwan Foreign, Reuters, Foreign Ministry, Taiwan Democratic Progressive Party, Thomson Locations: BEIJING, PRAGUE, China, Europe, Taiwan, Joseph Wu . Czech, Prague, Vatican, Beijing, Czech, Czech Republic, Brussels, Slovakia

☆ Under Xi Jinping, China's military has become an untouchable nationalist symbol
▼ + stars: | 2023-05-26 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

Yue’s alleged transgression: “uglifying” and “insulting” China’s military, the People’s Liberation Army (PLA). Under Xi, China passed a law in 2018 to ban the slander of national “heroes and martyrs,” a crime punishable by up to three years in prison. To outsiders, it may appear puzzling that China’s military, the largest and one of the most powerful in the world, would be so easily offended by a seemingly tame joke. Xi has staked his legitimacy on returning China to its former greatness, and a strong and powerful military plays a key role in driving that nationalist agenda. He has also ramped up China’s military posturing, sending fighter jets and warships to the Taiwan Strait and around the disputed islands with Japan.

☆ It's riskier than ever to be a foreign business in China, as evidenced by a series of recent sanctions, detentions, and an updated anti-espionage law that has watchdogs on edge
▼ + stars: | 2023-05-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

The updated law doesn't clearly define what constitutes China's national security or interests. The new law follows a recent spate of sanctions, probes, and detentions into foreign firms in China. Even now, the terms relating to national security and interest are still "not explicitly defined," the Eurasia Group wrote. The updated law is also particularly concerning because of the recent developments surrounding foreign firms in China. China's recent crackdown on foreign businesses is spurring concernsIn April, Chinese police questioned staff at American consultancy Bain in Shanghai.

Analysts say what may appear as mixed messaging is the result of President Xi Jinping's renewed focus on national security, steeled by rock-bottom relations with rival superpower, the United States. A later speech in March at the National People's Congress was more pointed: China's security is being challenged by U.S. attempts to contain its rise, he said. In his October speech, he added "external security" and "international security", in what analysts say signals a new focus to counter foreign threats, namely Washington. Asked for its response to a list of questions for this story, China's foreign ministry said it was "not aware of the situation". BUSINESS JITTERSChina's security focus also risks isolating the country economically.

The revision is likely to heighten concerns of foreign individuals, such as academic researchers or journalists, and businesses about visiting or operating in China. “Something like a local government budget you could broadly define as relating to national security, or even food security,” he said. “Researchers definitely need to be careful.”China says its laws related to national security and espionage are meant to safeguard the country. “Even with this amendment we still don’t understand what kind of document constitutes a national security issue,” he added. Chinese authorities did not offer details about both cases, including the reason for the crackdown, but analysts say the move is likely to further spook foreign businesses operating in China.

☆ 8 million Chinese youths sat for a test in the style of an 'imperial examination' — all for a job that pays about $7,000 a year
▼ + stars: | 2023-03-17 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +6 min

A record 7.7 million Chinese youths sat for an intense test to try to secure one of 200,000 government jobs. The modern-day civil service tests are not far off the mark from their ancient iterations. In spite of the tough tests required to secure these jobs, civil service jobs are not high paying. "In general, civil service jobs could bring with them benefits for the whole family, like connections to positions of power," Wu said. For those who want to be active participants in the workforce, civil service jobs continue to be a solid option.

However, further announcements are expected in coming weeks as China implements a reorganisation of its financial regulatory structure and other government bodies. "Opting for continuity in these critical economic roles suggests an emphasis on credibility and stability," said Mattie Bekink, China director at the Economist Intelligence Corporate Network. The U.S.-educated central bank chief Yi, appointed PBOC governor in 2018, had widely been expected to retire after being left off the ruling Communist Party's Central Committee during the party's once-in-five-years congress in October. "It shows China wants to at least have a dialogue with the United States on monetary policy and financial cooperation," he said. The parliamentary session will end on Monday, with Xi expected to give a speech and Li, the new premier, scheduled to hold a televised media conference afterwards.

☆ China's Xi urges private firms to 'be rich and loving' in pursuit of prosperity for all
▼ + stars: | 2023-03-06 | by ( Yew Lun Tian | ) www.reuters.com time to read: +3 min

Private Chinese and foreign firms have been waiting for Beijing to flesh out details on how it intends to pursue "common prosperity", Xi's signature initiative to narrow China's wealth gap, and how it expects private firms to contribute. Xi also said that private firms should share the fruits of their growth with employees more equitably, in what he called a "community of shared interests". "Be rich and responsible, be rich and benefit others, be rich and loving," state radio cited Xi as saying. He said it is unfair to expect private firms to share the social responsibility for "common prosperity" with state-owned firms, which enjoy privileged access to markets and preferential loans not always available to private firms. "Led by the United States, the West has implemented all-round containment to suppress China, bringing unprecedented challenges to China's development," state radio quoted Xi as saying.

☆ Xi's planned revival of Chinese financial watchdog exerts more party control
▼ + stars: | 2023-03-01 | by ( Joe Cash | ) www.reuters.com time to read: +4 min

BEIJING, March 1 (Reuters) - Plans by China's Communist Party to revive a high-level economic watchdog after two decades signal President Xi Jinping push to increase oversight of the financial sector, analysts say, part of a wider tightening of control by Xi and the party. "Through the CFWC, Xi and his allies could more rapidly roll out a reshuffle to replace the remaining legacy technocrats with people more loyal to them," he said. China's financial sector is overseen by the People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, with the cabinet's Financial Stability and Development Committee at the top. Under the new proposed structure, the party would take on a direction-setting role for the economy and regulatory bodies. "But this could also lead to policies replacing some market forces, which may not be ideal for financial liberalisation", she said.

[1/4] A worker walks across a construction site in the Central Business District, ahead of the opening of the National People's Congress (NPC) in Beijing, China, February 28, 2023. Nearly 3,000 delegates will gather in the Great Hall of the People west of Tiananmen Square for the first National People's Congress (NPC) of the post-zero-COVID era, although some precautions remain including testing and quarantine for journalists. It will also discuss Xi's plans for an "intensive" and "wide-ranging" re-organisation of state and Communist Party entities, state media reported on Tuesday, after a three-day meeting of the party's central committee. China's economy grew just 3% last year, one of its worst showings in nearly half a century. "We will strive to spur growth and have policy tools to do that, mainly by channelling money into big projects," Xu Hongcai, deputy director of the economic policy commission at the state-backed China Association of Policy Science, told Reuters.

☆ Czech parliament chief assures Taiwan of her support after outcry in China
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +2 min

[1/2] Taiwan President Tsai Ing-wen speaks with Czech President-elect Petr Pavel on a conference call in Taipei, Taiwan January 30, 2023 in this handout picture. Taiwan Presidential Office/Handout via REUTERSPRAGUE, Feb 1 (Reuters) - Czech lower house of parliament speaker Marketa Pekarova Adamova on Wednesday assured Taiwan of her country's support for partner states who respect human rights and liberal democracy, ahead of a visit to Taipei planned for March. The Czechs have been intensifying relations with the self-ruled island, which giant neighbour China claims as its own, and President-elect Petr Pavel spoke with Taiwan President Tsai Ing-Wen on Monday, drawing a sharp rebuke from Beijing. "I assured the minister that systematic support of partners who respect human rights and the principles of liberal democracy belongs among priorities of our parliamentary diplomacy," she said in a statement issued through her spokesman. Most countries avoid high-level public interactions with Taiwan and its president, not wishing to provoke China, the world's second largest economy.

☆ Mystery solved! We identified the big chonky ring that Sam Bankman-Fried wore to court.
▼ + stars: | 2023-01-05 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

On his right ring finger was a big honking metal ring. Indeed, the ring appears to be an MIT class ring, also known as the "brass rat." The beaver design for the MIT class ring, taken from the school's mascot, dates to 1930. The chair of the 2014 ring committee didn't immediately respond to Insider's request for comment for this story. A representative for Bankman-Fried responded to Insider's request for comment and confirmed Bankman-Fried was wearing an MIT class ring.

REUTERS/Tingshu WangBEIJING/WUHAN, Jan 2 (Reuters) - Some people in China's key cities of Beijing, Shanghai and Wuhan braved the cold and a spike in COVID-19 infections to return to regular activity on Monday, confident of a boost to the economy as more recover from infections. But Monday's one new COVID death - flat with the previous day - among China's population of 1.4 billion does not match the experience of other countries after they re-opened. Cumulative deaths in China since Dec. 1 have probably reached 100,000, with infections at 18.6 million, it said. Airfinity expects China's COVID infections to reach their first peak on Jan. 13, with 3.7 million daily infections. China has said it only counts deaths of COVID patients caused by pneumonia and respiratory failure as COVID-related.

☆ Chinese state media seek to reassure public over Covid-19
▼ + stars: | 2023-01-01 | by ( ) www.cnbc.com time to read: +1 min

Revelers prepare to release balloons to celebrate the New Year on pedestrian street Jianghan Road on December 31, 2022 in Wuhan, China. Thousands of Chinese took to the streets to mark the New Year as authorities and state media sought to reassure the public that the Covid-19 outbreak sweeping across the country was under control and nearing its peak. "Basically, now my friends and I feel relatively positive and optimistic," said a 29-year old tutor surnamed Wu. "We all know that especially for the middle-aged and the elderly, especially those over 60 years old, especially those with underlying diseases, they will be affected by this virus," he said. I had X-rays to check my lungs… This hospital is a lot of trouble, you have to wait a long time," she said.

☆ Chinese state media seek to reassure public over COVID-19
▼ + stars: | 2023-01-01 | by ( Martin Quin Pollard | ) www.reuters.com time to read: +4 min

WUHAN, Jan 1 (Reuters) - Thousands of Chinese took to the streets to mark the New Year as authorities and state media sought to reassure the public that the COVID-19 outbreak sweeping across the country was under control and nearing its peak. China reported one new COVID-19 death in the mainland for Dec. 31, the same as a day earlier, the Chinese Center for Disease Control and Prevention said on Sunday. State media in the city of Guangzhou in southeastern China said on Sunday that daily cases peaked at around 60,000 recently, and now stand at around 19,000. On Sunday, Australia and Canada joined the United States and others in requiring travellers from China to provide negative COVID-19 tests when they arrive. Taiwan President Tsai Ing-wen offered on Sunday to provide China with "necessary assistance" to help it deal with the surge in COVID-19 cases.

"More fundamental, and more subtle and more important is the social contract and social trust in China. COVID CZAROver the past three years, Vice Premier Sun, 72, has been the face of China's COVID fight, a mother-like figure who has executed Xi's zero-COVID policy with a firm hand. In April this year, Sun rushed to Shanghai as the city went under lockdown, according to state media reports. During the Shanghai lockdown, while also on an inspection tour, Sun was bombarded by pleas from residents shouting from their windows: "No more rice! How the current infections are tackled remain a key near-term challenge to COVID czars.

Prosecutors said Wu, through a Berklee-focused WeChat group whose 300-plus members included the activist, demanded that any fliers be torn down and said he was reporting the activist to the public security agency in China. "I already called the tip-off line in the country, the public security agency will go greet your family," Wu wrote, according to a criminal complaint. Prosecutors said Wu in a later WeChat post asked for help determining where the unnamed civic activist lived. "You should wash dishes for the capitalist dogs," Wu wrote, according to the complaint. Reporting by Nate Raymond in Boston; Editing by Richard Chang and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Feeling defiant, I told him, I will let the world know what you police are doing," said Pei, 27. He asked to be identified only by part of his name for fear of repercussions. China's Ministry of Public Security did not respond to a request for comment on the laws they might use against protesters. Zhang Dongshuo, a Beijing-based lawyer who has handled rights cases in the past, said the levels of punishment for protesting in China vary widely. "They just sprang up organically because people were driven by a sense of hopelessness and desperation about the never-ending COVID restrictions," Wu said.

☆ Jiang Zemin: China's Xi calls for unity at former president's memorial service
▼ + stars: | 2022-12-06 | by ( Nectar Gan | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —China’s Xi Jinping on Tuesday called on the country to unite around his leadership as he addressed a memorial service for former leader Jiang Zemin, following an unprecedented show of dissent over his zero-Covid policy and authoritarian rule. At the Great Hall of the People in Beijing, Xi led hundreds of China’s political and military elites to pay final tribute to Jiang, who died last Wednesday at the age of 96. Chinese leader Xi Jinping leads other officials to bow during a formal memorial for late former Chinese leader Jiang Zemin in Beijing on December 6, 2022. Coming to power in the aftermath of the 1989 Tiananmen crackdown, Jiang led China out of international isolation and guided its integration into the global market. On Tuesday, in his first public speech since the protests, Xi praised Jiang for ensuring the party’s survival from the “political storms” of his time.

☆ Xi shook up the power order in China, but the world should expect little change — because Xi is still the complete puppet master, 2 experts say
▼ + stars: | 2022-11-08 | by ( Matthew Loh | ) www.businessinsider.com time to read: +7 min

Last month, Xi Jinping announced who would join him to be the top seven officials in China. Kevin Frayer/Stringer/Getty ImagesBoosted to the second-in-command spot by Xi, Li is thought to be one of the president's closest protégés. Having been the lowest-ranked member of the previous standing committee, Zhao has jumped four positions to get to his current role. It indicates to me that Xi Jinping is satisfied with the work that Zhao has done," said Loh. "Xi Jinping makes it very clear.

☆ His COVID lockdowns made him one of the most unpopular politicians in China. Xi Jinping just made him the 2nd-most powerful man in the country. Meet Li Qiang.
▼ + stars: | 2022-11-05 | by ( Matthew Loh | ) www.businessinsider.com time to read: +7 min

They key to his success is his loyalty to President Xi Jinping, experts say. But on October 23, Chinese President Xi Jinping made it clear: It didn't matter. Xi Jinping, Li Qiang, and other members of China's new top leadership walk in order of their rank. But his real value to Xi comes in the form of his loyalty to Xi, Wu said. Xi Jinping doesn't look into other things.

☆ What happened to former Chinese leader Hu Jintao?
▼ + stars: | 2022-10-28 | by ( Analysis Cnn Staff | ) edition.cnn.com time to read: +8 min

China's former leader Hu Jintao is lifted from his chair by a young aide at the closing of the Communist Party Congress on Saturday. Neither has the incident been reported in Chinese language media, or discussed on Chinese social media, where conversations around senior leaders are highly restricted. Former Chinese leader Hu Jintao is taken by the arm and escorted out. “For whatever reasons, Xi ordered Hu to be escorted out when he must have thought that Hu might not behave exactly as Xi would have wanted,” he said. Former Chinese leader Hu Jintao pats the shoulder of his protege, Premier Li Keqiang.

☆ All members of China's new leadership lineup have close ties with Xi, says professor
▼ + stars: | 2022-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAll members of China's new leadership lineup have close ties with Xi, says professorAlfred Wu, associate professor at the National University of Singapore's Lee Kuan Yew School of Public Policy, discusses China's newly appointed leadership team.

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