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Asian Americans now make up 12% of the electorate in Nevada, with Filipinos being the largest subgroup. In 2020, President Joe Biden won 64% of the state’s Asian American vote, while Trump took 35%. But in 2022, support in the Nevada governor’s race was more split among the local Asian American, Native Hawaiian and Pacific Islander community, which only voted blue by an 8% margin. But frankly, Covid, or as I call it, ‘the China virus,’ was a step too far,” he said. Trump took a moment to praise the Filipino community, saying he likes their clothes.

Persons: Donald Trump, Trump, Tulsi Gabbard, Vivek Ramaswamy, ” Trump, Joe Biden, Xi, ’, ”, Eli Michaels, “, ” Vivek Ramaswamy, Patrick T, Fallon, Harris, Trump’s, Charlie Kirk, Kamala Harris, Ramaswamy, Gabbard, “ He’s, Vivek Organizations: American, Pacific, Change, Hawaii Rep, GOP, Hispanic, NBC News, Getty, Nevada’s, Las, Indian American, Trump Locations: Las Vegas, “, Pacific Islander, Nevada, Hawaiian, China, AFP

☆ Intel is a security risk for China, says influential industry group
▼ + stars: | 2024-10-16 | by ( ) edition.cnn.com time to read: +3 min

Beijing Reuters —Intel products sold in China should be subject to a security review, the Cybersecurity Association of China (CSAC) said on Wednesday, alleging the US chipmaker has “constantly harmed” the country’s national security and interests. “It is recommended that a network security review is initiated on the products Intel sells in China, so as to effectively safeguard China’s national security and the legitimate rights and interests of Chinese consumers,” CSAC said. Last year, CAC barred domestic operators of key infrastructure from buying products made by US memory chipmaker Micron Technology Inc (MU) after deeming the company’s products as having failed its network security review. A similar security review on Intel products could negatively impact the company’s revenues, over a quarter of which came from China last year. “This poses a great security threat to the critical information infrastructures of countries all over the world, including China … the use of Intel products poses a serious risk to national security,” CSAC said.

Persons: ” CSAC, ”, Dan Coatsworth, AJ Bell Organizations: Beijing Reuters, Intel, Cybersecurity Association of China, Cyberspace Administration of China, CAC, Micron Technology Inc, Washington, US National Security Agency, NSA, Nvidia Locations: Beijing, China

☆ What's stalling China's stock market recovery, according to KraneShares' CIO
▼ + stars: | 2024-08-31 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

China's slow post-Covid recovery could be a lasting headwind for its stock market. With the mainland's two largest indexes — the Shanghai Composite and the Shenzhen Composite — each negative so far in 2024, KraneShares Chief Investment Officer Brendan Ahern thinks government stimulus is necessary to kick-start the country's stock market performance. Ahern, whose firm runs the KraneShares CSI China Internet ETF (KWEB) , added that Chinese households are still reluctant to spend at pre-pandemic levels. This week's post-earnings plunge in PDD Holdings is emblematic of China's consumer pullback, according to Ahern. Ahern returned to the idea that a top-down economic recovery might be necessary to stimulate China's tech sector in particular.

Persons: China's, Brendan Ahern, CNBC's, we've, Ahern Organizations: Shenzhen, CSI China Internet, country's National Bureau, Statistics, Holdings Locations: Shanghai, China, country's

☆ China’s biggest policy meeting in six years kicks off this week. How investors can play it
▼ + stars: | 2024-07-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

The more dire predictions for China's highly anticipated "Third Plenum" that kicks off Monday hint at constraining the financial sector, despite slowing economic growth. Policy has long been an important guide for investors in China's top-down economy. The official English summary listed four measures, the third of which called for developing the "real economy," and "guarding against a shift from the real economy toward the financial economy." Goldman Sachs on July 11 published a lengthy report on China solar in anticipation the industry is nearing a bottom. One of the Goldman Sachs analysts' newly initiated, buy-rated China solar stocks is Daqo New Energy , a U.S.-listed manufacturer of polysilicon for solar power companies.

Persons: it's, Dan Wang, Han Wenxiu, Goldman Sachs, bode, Jacqueline Du, Daqo, Si Fu, Wang Organizations: Hang Seng Bank, ” Finance, Central Committee's Office, Financial, Economic Affairs, CNBC, Communist Party's, Committee, Bank of America, Energy, Goldman Locations: China, Beijing, China's, U.S, Shanghai

☆ Tree removal at North Carolina church unearths centuries-old artifacts
▼ + stars: | 2024-07-07 | by ( Sydney Bishop | ) edition.cnn.com time to read: +5 min

Cenci’s two passions coincided when a plethora of centuries-old items were found June 20 in the yard of Christ Episcopal Church in Elizabeth City, North Carolina, where Cenci has served as rector since 2019. Excavation work is seen at Christ Episcopal Church in Elizabeth City, North Carolina. Daniel Cenci speaks at Christ Episcopal Church in Elizabeth City, North Carolina. His daughter Charlotte was married in the Episcopal church in 1833, according to church records and as posted by Lowry on Facebook. Part of a wine bottle from France was excavated from the site at Christ Episcopal Church in Elizabeth City, North Carolina.

Persons: Daniel Cenci, Cenci, WTKR, ” Cenci, ” Cinci, Michele Walker, Ian Lowry, Robyn Nix, Sam Moncla, George Davis, Charlotte, Lowry, Davis, ” Lowry, “, Nix, “ We’re, ” Organizations: CNN, Episcopal, North, North Carolina Office, Raleigh, WTKR, North Carolina Department of Natural, Cultural Resources, Episcopal Church, Facebook Locations: Elizabeth City , North Carolina, North Carolina, Greenville, wasn’t, Pasquotank, France, China

☆ U.S. economic engagement in Indo-Pacific 'isn't about China,' Commerce Secretary Raimondo says
▼ + stars: | 2024-06-07 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

watch nowAmerica's economic engagement in Indo-Pacific "isn't about China" but for strengthening U.S. presence in the region, Commerce Secretary Gina Raimondo told CNBC. President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity, involving14 countries, about two years ago, for economic and trade cooperation among the member states. Raimondo underscored the U.S doesn't stop countries in the region from deepening their own economic ties with China. "They all do trade with China, they all trade in EVs with China … that's fine." She added the U.S. was also "massively ramping" up its economic support in the region by providing technology, technical assistance and capital.

Persons: Gina Raimondo, Joe Biden, Raimondo, CNBC's Eunice Yoon, Lawrence Wong Organizations: CNBC, Prosperity, Commerce Department, Singapore's, U.S . Commerce Locations: China, U.S, Singapore, United States, Southeast Asia, EVs

☆ Europe is nervous about a potential Trump win. China sees an opportunity
▼ + stars: | 2024-02-19 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

China – which has not condemned Russia’s invasion and claims impartiality in the conflict – has also emerged as a key lifeline for the sanctions-hit Russian economy. In Europe, this has galvanized concerns about China’s own global ambitions and played a role in the European Union’s ongoing push to recalibrate its policy toward China. EU foreign policy chief Josep Borrell reiterated the EU’s “expectation that China refrains from supporting Russia,” in a meeting with Wang Friday. “As long as war in Ukraine continues, EU policies toward China will move into closer alignment with the US. As president, Trump not only voiced skepticism of the system of US alliances in Europe, but leveraged tariffs on European steel and aluminum, sparking retaliatory measures on US goods from Europe.

Persons: Hong Kong CNN —, Wang Yi, Wang, Donald Trump, Trump, ” Wang, Alexey Navalny, Vladimir Putin’s, “, ”, Noah Barkin, Maxym Marusenko, Putin, Xi Jinping, –, Jens Stoltenberg, Josep Borrell, Christoph Heusgen, Dmytro Kuleba, Xi, hasn’t, It’s, Kuleba, Vladimir Putin, Xie Huanchi, Yu Jie, ‘, Liu Dongshu, “ Wang Yi, China …, ” Liu, Emmanuel Macron, GMF Organizations: Hong Kong CNN, Munich, Washington, NATO, German Marshall Fund of, Communist Party, Wang Friday, Bloomberg, CNN, China’s, Ministry, ”, Ukrainian, Security, Beijing, Peace, Getty, ’ Observers, US, Chatham House, City University of Hong, “, White Locations: China, Hong Kong, States, Europe, Ukraine, Beijing, Munich, Moscow, Russia, United States, Russian, Ukraine's Kharkiv, West . China, Taiwan, EU, ”, China’s, Asia, Pacific, ” Beijing, Switzerland, Xinhua, London, Spain, France, City University of Hong Kong’s, Washington, York

Working with Chinese rappers like the popular Higher Brothers, he has always interspersed English song lyrics with a catchy Chinese chorus. On his latest album, “Love for you,” Phoenix apologizes to Higher Brothers for saying they were not speaking in support of Black Lives Matter. Phoenix's criticism led to a rift with Higher Brothers that hasn't healed. He also served as a moderator for a panel about Asian American support for Black Lives Matter. Again, he spoke of Black and Asian solidarity, and of seeing everyone as human first.

Persons: Bohan, Phoenix, …, ”, “, couldn’t, George Floyd, ” Phoenix, hasn't Organizations: Associated Press, Phoenix, Brothers, U.S Locations: BANGKOK, China, Phoenix, U.S, New York, Harlem, Chengdu . Phoenix, West

☆ Why Chinese stocks have lost $6 trillion in 3 years: everything you need to know
▼ + stars: | 2024-01-23 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Chinese shares haven’t just had a bad start to 2024. The astonishing losses, reminiscent of the last Chinese stock market crash of 2015-2016, highlight a crisis of confidence among investors concerned about the country’s future. But on the same day, major state-owned banks moved to support the Chinese yuan, in order to prevent the currency from falling too fast as Chinese shares plunged, according to a Reuters report, citing unnamed sources. Topics related to the “market plunge” and “China’s stock market rescue” were trending on Weibo on Tuesday. “I’m sad about today’s stock market performance,” Hu Xijin, former editor-in-chief for state newspaper Global Times, posted on Weibo on Monday.

Persons: It’s, “, Goldman Sachs, Wall, Li Qiang, ”, Nomura, bedeviling, Beijing’s, Li, Ken Cheung, ” Hu Xijin, “ Hu Organizations: Hong Kong CNN, Reuters, Bloomberg, Monday, People’s Bank of China, ”, Big Tech, Xinhua, Hong, Mizuho Bank, Global Times Locations: China, Hong Kong, Shanghai, Shenzhen, Japan, Asia, Beijing, US, Weibo

☆ China mourns Kissinger — ‘a most valued old friend’
▼ + stars: | 2023-11-30 | by ( Simone Mccarthy | Nectar Gan | ) edition.cnn.com time to read: +8 min

“Farewell, old friend of the Chinese people,” said a top comment with thousands of likes. In July 1971, Kissinger became the first high-ranking US official to visit Communist China. Long after Kissinger left office, Beijing had regarded the well-connected diplomat as a potential helping hand in navigating the increasingly hawkish views towards China in Washington. State broadcaster CCTV called him a “living fossil” who witnessed the development of US-China relations. The tectonic shift in US-China relations that was formalized some eight years later opened the door for extensive economic engagement starting from the early 1980s.

Persons: Henry Kissinger, ”, Wang Wenbin, Xi Jinping, Joe Biden, Wang, “, Kissinger, Washington –, Richard Nixon’s, Scott Kennedy, Washington . Long, Xie Feng, centenarian, ” Xie, – Kissinger, Biden, Xi, John Kerry, Janet Yellen, Wang Yi, Nixon, Alfred Wu, Lee, ’, Wu, “ Kissinger, ” Wu, Zhou Enlai, Kennedy, China …, ” Kennedy Organizations: Hong Kong CNN, China’s Foreign, Center for Strategic, International Studies, CCTV, Xinhua, Foreign, Lee Kuan Yew, of Public, National University of Singapore, Flying Tigers, CSIS Locations: China, Hong Kong, Beijing, Weibo, United States, Washington, Communist China, “ China, American, selfTaiwan, Japan, Soviet Union, Moscow

But beneath those positive signals, the two-day visit to Beijing from US Secretary of State Antony Blinken highlighted another reality: a wide and dangerous gulf between the two powers. The timing of the visit, which followed two close encounters between Chinese and American armed forces in Asia in recent weeks, underscored the urgency of talking. In the same vein, the United States needs to respect China and must not hurt China’s legitimate rights and interests,” he said. We don’t want to look up to the United States, at the very least we should look at each other at eye level,” he said. Baby stepsIn the lead-up to and during Blinken’s visit, China made clear who it thinks is responsible for the problems in the relationship.

Persons: Antony Blinken, –, Xi Jinping, Blinken, Xi, ”, “, Bonnie Glaser, China …, Nancy Pelosi’s, Yang Tao, ” Yang, Li Shangfu, Shen Dingli, Wang Yi, Joe Biden, ” Blinken, Dexter, Roberts Organizations: Hong Kong CNN, Washington, China, China’s Communist Party, German Marshall Fund of, United, Pacific, Military, US, Chinese Defense, Minister of Defense, Beijing, Economic Cooperation, Atlantic Council Locations: Hong Kong, China, Beijing, Asia, ”, United States, Washington, Taiwan, American, South China, America, Shanghai, “ China, Bali, “

☆ China's internet giants bet big on A.I. as Beijing looks to rival U.S. on tech 'paradigm shift'
▼ + stars: | 2023-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

"This kind of computing power needs to be provided as a kind of public service or infrastructure. China, specifically, "has some of the most advanced AI tech in the world," he added. "We believe this is a Game of Thrones also playing out in the China Tech market as the gloves are on for this battle," Ives said. Many innovative vendors are going after this market and China tech is now in the midst of a secular shift around AI." The comments from some of China's top tech companies last week hint at how Beijing is seeking to ramp up its rivalry with the U.S. on AI.

Persons: BABA BABA, Robin Li, Baidu, Ernie Bot, OpenAI's ChatGPT, Tencent, Martin Lau, Lau, Alibaba, Daniel Zhang, Dan Ives, Ives, Hao Hong, CNBC's, —, Tencent's Lau, Baidu's Li, Didi, Meituan Organizations: HK, Microsoft, Google, Wedbush Securities, CNBC, China Tech, Big Tech, Baidu, U.S, Nvidia, chipmaker Micron, Grow Investment Locations: China, Beijing, U.S, Alibaba

☆ Wall Street is bullish on Alibaba's overhaul with Morgan Stanley expecting the stock to double
▼ + stars: | 2023-03-30 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

This move has attracted positive sentiment from major Wall Street banks, with Morgan Stanley saying that this restructuring could lead to a 100% upside in Alibaba's share price. Alibaba shares closed 15% higher Wednesday in Hong Kong, after trading higher by a similar amount on the NYSE on Tuesday. Morgan Stanley said that Alibaba shares, listed in the U.S. as BABA , are trading at a significant discount to their sum-of-the-parts valuation, and the restructuring could unlock this value. Nearly all of the valuation comes out of Alibaba's massive e-commerce and retail operations, according to Morgan Stanley. Morgan Stanley analysts led by Gary Yu wrote in a note to clients on Mar.

☆ We're still backing Apple, even as shares fall on supplier report about new iPhones
▼ + stars: | 2022-09-28 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Of course, this is not the first time we have seen headlines calling out iPhone demand weakness based on anonymous supplier sources. Apple is still expected to produce roughly 90 million iPhone 14 units , in line with initial production expectations. Apple is more likely trying to shift production toward the high-end models to support outsized demand, the analysts wrote. While time will tell how demand for the iPhone 14 ultimately plays out, we continue to own Apple based on the company's strong ecosystem and customer loyalty. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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