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Ties have been at their lowest point in decades amid disputes over trade, technology, Taiwan and Chinese aggression in the South China Sea. “We respect the choice of the American people,” the Chinese Foreign Ministry said in a statement earlier. A second Trump presidency “could mark a new beginning in China-U.S. relations if the chance that has been offered is not wasted,” state-run newspaper China Daily said in an editorial on Wednesday. But Chinese officials laser-focused on stabilizing their faltering economy are also mindful of the tariffs of 60% or more that Trump has vowed to impose on all Chinese imports. One person it may turn to for help is tech billionaire Elon Musk, a devoted Trump supporter with extensive business interests in China who is wildly popular there.

Persons: “, Xi Jinping, Donald Trump, Biden, Xi, Trump, China “, ”, Susan Walsh, Rick Waters, Kamala Harris, Waters, Trump’s, ” Waters, Harris, Mao Ning, Elon Musk, Ian Bremmer Organizations: Trump, ” Xinhua, Foreign Ministry, Eurasia Group, Democratic, ., China Daily, CNBC Locations: HONG KONG, Taiwan, South China, Beijing, China, Asia, Pacific, South Korea, Japan, Australia, U.S, China’s, New York, Houston, Chengdu

Trump's first 100 days are likely to be a rollercoaster, especially given his affinity for headline-grabbing moves. These structured channels helped ensure open dialogue on issues like tariffs, technology restrictions, and financial stability. A potential role for Elon Musk as a geopolitical go-between China might look to alternative channels to manage relations with Trump's administration. National security and AI, autonomous vehicles National security considerations will also be front and center in Trump's early China policy, especially regarding technology restrictions. Expect tariffs, technology restrictions, and Trump's unique brand of diplomacy to push the relationship to its limits.

Persons: Donald Trump, Xi Jinping, Kevin Lemarque, Donald Trump's, Trump, Mao Ning, Trump's, Biden, Elon Musk, Tesla, he's, Robin Ren, Ying Yong, Wu Qing, hasn't, Steve Wynn, Musk, — Organizations: Reuters, White, U.S ., Foreign, Treasury, Commerce, Tesla Inc, Bloomberg, Getty, European Union, Trump Locations: Osaka, Japan, U.S, China, Beijing, Shanghai, Washington, Taiwan, European, South Korea, Trump's

☆ China tightens export controls for tech and goods with military use, ahead of Xi's trip to Russia
▼ + stars: | 2024-10-21 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

A DJI Inspire 1 Pro drone is flown during a demonstration at the SZ DJI Technology Co. headquarters in Shenzhen, China, on Wednesday, April 20, 2016. China has unveiled a set of export control regulations for so-called dual-use items, which refer to goods or technologies that can be used for civilian as well as military purposes, ahead of President Xi Jinping's trip to Russia. The regulations come amid intensified U.S. sanctions targeting Chinese companies which the U.S. deems have been supplying dual-use goods, such as drones, to aid Russia's war effort in Ukraine. China has attempted to show that "it is following similar norms as other nations in terms of how it regulates trade in dual-use goods," he added. Alicia Garcia-Herrero, chief economist for Asia-Pacific at Natixis, however, suggested that Russia will likely be exempted from the possible export controls.

Persons: Xi, Mao Ning, Benjamin Cavender, Alicia Garcia, Herrero, Alex Capri Organizations: SZ, Technology, State, China Market Research Group, National University of Singapore Locations: Shenzhen, China, Russia, Ukraine, Russian, Kazan, Washington, Asia, Natixis

☆ Amid global adoption reckoning, adoptees fight long-standing narrative they should be ‘grateful’
▼ + stars: | 2024-10-18 | by ( Maya Cederlund | Freelance Writer | ) www.nbcnews.com time to read: +7 min

Eisenhauer-Epp is co-founder of Navigating Adoption, an online platform for adoptees, and also works with Sisters of China, an adoptee-led organization for female-identifying Chinese adoptees affected by China’s one-child policy. “It just brings so much unknown with Chinese adoptees. Similarly, news about South Korea’s adoption system has shaken many Korean adoptees. Korean adoption agencies charged anywhere between $4,000 and $6,000 per child, according to an Associated Press investigation. For them, the narrative that adoptees should be grateful is “more of a culturally pervasive expectation than an option” for adoptees.

Persons: Cosette Eisenhauer, ”, Eisenhauer, Roe, Wade, “, ” “, amanda paul, paul, JaeRan Kim, adoptees shouldn't, Kim Adoptees, adoptees, ” Eisenhauer, Mao Ning, ” paul, Paul Organizations: Epp, University of Texas, Society, Children, Foreign, Associated Press, AP, “ Locations: Atlanta, Arlington, China, Korean, adoptee, Zhanjiang, China’s Guangdong, Korea, Chicago

☆ Myanmar’s internet freedom is now as bad as China’s, report finds
▼ + stars: | 2024-10-17 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

CNN —For the past decade, China has consistently ranked last in the world for internet freedom due to its all-pervading online surveillance and content control system dubbed the “Great Firewall.”But a new report out Wednesday shows that internet freedoms in China’s neighbor Myanmar are now just as lacking. The report from Freedom House, a US government-funded NGO, found that global internet freedom has declined for the 14th consecutive year. In a record 43 countries, people were physically attacked or killed in retaliation for their online activities, the report found. The Central Asian nation Kyrgyzstan showed the biggest drop in internet freedoms, according to the report, as President Sadyr Japarov ramped up efforts to silence digital media and suppress online organizing. The report also covers online disinformation campaigns and political interference in the run-up to elections, including harassment of independent researchers and fact checkers.

Persons: ”, Mao Ning, Sadyr Japarov, Kloop, “ Organizations: CNN, Freedom, Trust, United Nations, UN, China’s Ministry of Foreign Affairs, ”, Central, US Locations: China, China’s, Myanmar, Central Asian, Kyrgyzstan, Iceland, United States, ’

HONG KONG — China conducted large-scale military drills around Taiwan on Monday in what it said was a warning to “independence forces” on the Beijing-claimed island. The exercises had been expected after Beijing criticized a speech last week by Taiwan President Lai Ching-te. China, which has not ruled out the use of force in achieving its unification goal, views Lai as a separatist and a “troublemaker.” The Chinese military also held two days of “punishment” drills around Taiwan after his inauguration in May. “The existence of the Republic of China is an undeniable fact,” it said in a statement, using the formal name for Taiwan. Lai said in his speech that Taiwan and China were “not subordinate to each other.”“On this land, democracy and freedom are growing and thriving.

Persons: ”, Lai Ching, Lai, Li Xi, Mao Ning Organizations: Taiwan, Chinese Defense Ministry, ‘ Taiwan, Theater Command, Taiwan’s Ministry of National Defense, Mainland Affairs Council, Chinese Communist Party, Foreign Ministry Locations: HONG KONG — China, Taiwan, Beijing, China, ‘ Taiwan Independence, Republic of China, Taiwan Strait, ” China, People’s Republic of China

☆ Floridians detail Hurricane Milton and Helene’s toll on their mental health
▼ + stars: | 2024-10-13 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +10 min

The surging floodwaters from Hurricane Milton poured in through the windows late Wednesday and their refrigerator slowly floated away. Even after floodwaters subside, the stress and anxiety can lead to lingering mental health challenges. Storms can exacerbate existing mental health problems or lead to new ones. Concerns about the mental health effects of back-to-back disasters come as researchers predict more frequent extreme weather events. But research suggests the hurricanes will make people more vulnerable to mental health problems and likely make it harder for them to recover, she said.

Persons: Amber Henry clutched, Milton, ” Henry, Helene, Hillsborough County Sheriff Chad Chronister, ” Chronister, Hurricanes Irma, Michael, ”, Dana Rose Garfin, “, ” Garfin, Hurricane Milton, CNN “, Chronister, they’ve, Ning Lin, Sara Lesker, Henry, Gail Saltz, Kayla Lane, ” Lane, Lane, Fine, ” CNN’s Isabel Rosales, Ashley R, Williams, Christina Zdanowicz, Amanda Jackson, Emma Tucker, Cindy Von Quednow, Cheri Mossburg, Chelsea Bailey, Caroll Alvarado, Rebekah Riess, Devon Sayers, Mary Gilbert, Andy Rose, Zoe Scottie, Taylor Romine, Paradise Afshar Organizations: CNN, Hurricane Milton, Sunshine State, Hillsborough County Sheriff, Hurricanes, UCLA, League, Tropicana, Hurricane, Princeton University, Social, New York Presbyterian Hospital Locations: Lakeland , Florida, Tampa, wasn’t, Hurricane, Florida, Hillsborough County, Valrico, Lithia, Siesta, Florida’s, Pinellas, Hillsborough, Manatee, Sarasota counties, downtown St, Petersburg, Bradenton, Gulf, St . Petersburg, Long, New York, Lakeland, Bartow , Florida, Paradise

☆ Alums of $16 billion Tiger Cub Lone Pine have struggled to hack it on their own — with one notable exception
▼ + stars: | 2024-10-10 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

In the past five years, four other alums have either shuttered or stopped trading hedge fund strategies. It's the latest spinoff from long-running Tiger Cub Lone Pine Capital to shutter. Lone Pine, the $16 billion firm led by co-chief investment officers Kelly Granat and David Craver, was founded in 1997 by billionaire Steve Mandel. Inside the Lone Pine family treeGaonkar's experience is far from the norm for Lone Pine alums though. Firms like Lone Pine, Tiger Global, Coatue, Viking Global, Maverick, Light Street, and others have lasted for decades and minted billionaires along the way.

Persons: Scott Coulter's, Mala Gaonkar, —, Coulter, Cowbird, Pine, Kelly Granat, David Craver, Steve Mandel, Mandel, Julian Robertson's, Lone, Coatue, redemptions, Gaonkar, David Byrne, SurgoCap, Abobe, David Stemerman's, Scott Phillips, Matt Iorio's, Li Ran's, Brian Eizenstat's, Paul Eisenstein's, Nikhil Trikha, Arthur Wit, that's, Andreas Halvorsen's, Dan Sundheim's, Ben Jacobs, Ning Jin, Marco Tablada, Robertson, Tom Purcell Organizations: Service, Business, Lone Pine, Julian Robertson's Tiger Management, Cubs, Roberston's Tiger Management, Tiger, CNBC, Nvidia, GE, Figma, Pine, Latimer, Elm, Sky Capital, CenterBook Partners, Ampersand Capital Group, Global, Fund Research, Tiger Cub, Tiger Management, Viking Global, Viking Locations: Lone, Lone Pine, Granat, Texas, Li Ran's London, California, Viking

☆ China's stock surge has echoes of the 2015 bubble. What's different this time
▼ + stars: | 2024-10-01 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Costfoto | Nurphoto | Getty ImagesBEIJING — The rocket higher in Chinese stocks so far looks different from the market bubble in 2015, analysts said. Major mainland China stock indexes surged by more than 8% Monday, extending a winning streak on the back of stimulus hopes. Stock market leverage by percentage and value were far higher in 2015 than data for Monday showed, according to Wind Information. He added that there are market risks from how unprepared the stock trading system was for the surge of buying. Reports indicate brokerages have been overwhelmed with new requests, echoing how individuals piled into the stock market nearly a decade earlier.

Persons: Aaron Costello, We're, Xi Jinping, Zhu Ning, Stephen Roach, Yale Law School's Paul Tsai, Costello, Peter Alexander, it's, —, Alexander Organizations: Nurphoto, Getty, Cambridge Associates, U.S ., greenback, U.S, CSI, People's Bank of China, Nikkei, Yale Law, Yale Law School's Paul Tsai China Center, Ministry of Finance, Ben Advisors, Shanghai Stock Exchange Locations: Hangzhou, China, BEIJING, Shanghai, Shenzhen, Asia, MSCI, People's Republic of China, Beijing

☆ Chinese adoptees say they feel conflicted after China announces end to international adoptions
▼ + stars: | 2024-09-28 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +8 min

It comes after China greenlit international adoption in 1992, leading to roughly 160,000 Chinese children being adopted to other countries, with half going to the U.S. The slowed international adoption coincides with a 2016 reversal of China’s one-child policy, which limited each Chinese family to one child in order to control population growth. With the door closed on international adoption, Newton emphasized that in order for those currently in Chinese social welfare institutes to thrive in their birth country, they also need more support. “The situation truly is a little bit more complicated for these kids with intense disabilities, especially with the rising costs of living in China,” Newton said. Newton said adoptees are often seen as “perpetual children” whose points of view don’t need to be considered.

Persons: Maze Felix, ” Felix, they’re, Grace Newton, ” Newton, Newton, “, ’ ”, Mao Ning, ”, it’s, Monaco, adoptees, ” Monaco, didn’t, Katelyn Monaco, Felix, there’s, There’s Organizations: China, NBC News, Foreign, U.S, Research, Katelyn, Monaco, “ Locations: China, Cleveland, Beijing, Katelyn Monaco, Quincy , Massachusetts, Monaco, Los Angeles, Yangzhou, ’

☆ China and Japan end dispute over Fukushima water discharge
▼ + stars: | 2024-09-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

BEIJING — China and Japan reached a consensus in August on the discharge of radioactive water from the Fukushima nuclear plant, the Chinese foreign ministry said Friday, bringing to an end a diplomatic dispute that had rumbled on for over two years. Beijing called the release “a major nuclear safety issue with cross-border implications,” when Tokyo started discharging treated radioactive water from the site in August 2023. It also announced a blanket ban on all aquatic products from Japan. But Mao Ning, a Chinese foreign ministry spokesperson, later said that both countries reaching consensus “does not mean that China will immediately resume imports of Japanese aquatic products,” at a regular news conference in Beijing. “We will carry out technical consultations with the Japanese side and gradually resume the import of Japanese aquatic products,” she added.

Persons: ”, Mao Ning, “ Organizations: International Atomic Energy Agency Locations: BEIJING, China, Japan, Beijing, Tokyo

☆ German warships visit the Philippines amid its South China Sea clashes after angering Beijing by sailing through the Taiwan Strait
▼ + stars: | 2024-09-16 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Tensions are high in the South China Sea, as China continues its aggressive tactics against Philippine vessels. JAM STA ROSA/AFP via Getty ImagesClashes between China and the Philippines in the South China Sea have been escalating for months as China unjustly claims sovereignty over a majority of the South China Sea, defying international law while increasing efforts to assert its authority in the area. While traveling to Manila, the Baden-Württemberg and Frankfurt am Main transited the Taiwan Strait, sparking backlash from China. The German warships transited the Taiwan Strait last week for the first time in 20 years. "International waters are international waters," he said .

Persons: —, Per Andreas Pfaffernoschke, Pfaffernoschke, Mao Ning, German Defense Ministry Boris Pistorius, Mao Organizations: Service, Business, Baden, Philippine, ROSA, Getty, Ministry of Foreign, German Defense Ministry, Command Locations: Philippines, Taiwan Strait, Germany, China, South China, Berlin, Frankfurt, Manila, AFP, Beijing, Baden, Württemberg, Taiwan, Main

☆ China halts foreign adoptions of its children
▼ + stars: | 2024-09-05 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

BEIJING — The Chinese government is no longer allowing foreign adoptions of the country’s children, a spokesperson said Thursday. The only exception will be for blood relatives adopting a child or a stepchild, Foreign Ministry Spokesperson Mao Ning said. Many foreigners have adopted children from China over the decades, visiting the country to pick them up and then bringing them to a new home overseas. China suspended international adoptions during the COVID-19 pandemic. The government later resumed adoptions for children who had received travel authorization before the suspension in 2020, the U.S. State Department said in its latest annual report on adoptions.

Persons: Mao Ning, Greg Baker, Denmark’s Organizations: Foreign, U.S . State Department, State Department, NBC Asian Locations: BEIJING, China, U.S, NBC Asian America

☆ An Se-young: South Korean badminton player wins landmark Olympic gold — then takes shot at country’s governing body
▼ + stars: | 2024-08-12 | by ( Gawon Bae | ) edition.cnn.com time to read: +6 min

Seoul, South Korea CNN —South Korea’s badminton gold medalist An Se-young envisioned a glorious return from Paris, popping open a bottle of champagne with the coveted medal around her neck. The country was busy celebrating her triumph, until the athlete began calling out alleged mistreatment that she said she had endured for seven years, when she joined the national team. “I was so disappointed,” An said of the national team, accusing it of poorly managing her injuries. South Korea’s badminton team won An’s gold medal in women’s singles and a silver in mixed doubles in Paris. Alex Pantling/Getty ImagesIn Paris, the country had four badminton coaches in addition to head coach Kim who supervised all of Korea’s badminton matches — men’s and women’s singles, men’s doubles, women’s doubles and mixed doubles.

Persons: peppering, “, China’s, ”, Ahn Young, Li, ning, ning China Masters, Kim Hak, Yonhap, Alex Pantling, Kim, Shim Suk, I’ve Organizations: South Korea CNN, Korean Badminton Association, Olympics, South, La Chapelle Arena Court, Hangzhou Asian Games, Incheon International Airport, Samsung Life, Kumamoto Masters Japan, ning China, News Agency, Investigations, Culture, Tourism Ministry, Games, Korea Sport Locations: Seoul, South Korea, Paris, South, South Korean, Hangzhou, Incheon, Kumamoto, Eastern, Korea

☆ Why $48 billion Viking Global is focused on its talent pipeline
▼ + stars: | 2024-08-12 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewViking Global — the $48 billion Tiger Cub launched in 1999 — has had to replace talented people many times throughout its 25 years of existence. AdvertisementA person close to the manager told Business Insider that the manager decided to be "proactive instead of reactive" in hiring analysts for its investing teams. Viking traditionally had hired analysts after they'd spent two years in banking and another two in private equity. The person close to the firm said that underneath Walsh, portfolio manager Previn Mankodi has been promoted to deputy CIO, and Scott Zinober and Hani Sabbagh have each been bumped up to senior portfolio manager.

Persons: —, Brian Olson, David Ott, Andreas Halvorsen, Dan Sundheim, Ben Jacobs, Ning Jin, he's, they'd, Matt Sharp, Justin Walsh, Walsh, Previn Mankodi, Scott Zinober, Hani Sabbagh Organizations: Service, Tiger Cub, Business, Viking, Suvretta Locations: Suvretta Capital, Viking, China, India, France, Korea

☆ China and Philippines already at odds over South China Sea deal to ease Second Thomas Shoal tensions
▼ + stars: | 2024-07-23 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +7 min

The dilapidated BRP Sierra Madre ship of the Philippine Navy is anchored near Second Thomas Shoal in the Spratly group of islands in the South China Sea. Beijing claims “indisputable sovereignty” over almost all of the 1.3 million-square-mile South China Sea, and most of the islands and sandbars within it, including many features that are hundreds of miles from mainland China. Under President Ferdinand “Bongbong” Marcos Jr, the Philippines has taken increasingly assertive steps to protect its claim to shoals in the South China Sea, leading to several confrontations off the Philippine islands. The US is not a claimant to the South China Sea, but says the waters are crucial to its national interest of guaranteeing free passage through seas worldwide. A close up view taken on March 29, 2014 of the BRP Sierra Madre beached near the Second Thomas Shoal, part of the Spratly Islands in the South China Sea.

Persons: Hong Kong CNN —, Shoal, Ren’ai Jiao, ”, Mao Ning, pushback, Ritchie, Ferdinand “ Bongbong ” Marcos Jr, Marcos, Jake Sullivan, ” Sullivan, Thomas Shoal, Erik de Castro, Gregory Poling, “, ” Derek Grossman Organizations: Hong Kong CNN, BRP Sierra Madre, Foreign Ministry, The Philippine Department of Foreign Affairs, BRP, Philippine Navy, coastguard, US Navy, Aspen Security, US National, Reuters, Transparency Initiative, RAND Corporation Locations: Hong Kong, South, Manila, Beijing, Philippine, Spratly, Philippines, China, Palawan, Madre, South China, Second, The Philippines, Malaysia, Vietnam, Brunei, Taiwan, The Hague, Scarborough, BRP Sierra Madre, Washington, United States, Sierra Madre, BRP Sierra, Asia

☆ China: A spate of stabbings has sparked online debate about country’s economic woes
▼ + stars: | 2024-07-17 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

But China has been rocked by a number of high-profile stabbing cases in recent decades, including multiple such attacks at schools. These worries were clear on Chinese social media after the latest attacks, with several commentators connecting China’s dire economic circumstances to the violence, even as the attackers’ motives remained unclear. Rare violent crimeTwo of the most high-profile recent attacks came in June – and both targeted foreign nationals. Video Ad Feedback Four Americans are stabbed in a shock attack in China 04:20 - Source: CNNUltra-nationalism has risen across China and Chinese social media in recent years, as has anti-American and anti-Japanese sentiment. On social media, the belief that economic insecurity is making the country less safe remains palpable.

Persons: “, haven’t, China –, Michelle Miao, ”, Mao Ning, Adam Zabner, David Zabner, Adam, Stabbings, Miao, CUHK Organizations: Hong Kong CNN, Chinese University of Hong, Stanford University’s Center, Behavioral Sciences, CNN, Ministry of Public Security, World Bank, United Nations Office, Drugs, Americas, Xinhua, Youth Locations: Hong Kong, China, Guangxi, Weibo, ”, Chinese University of Hong Kong, –, Iowa, Beishan Park, Jilin, Asia

☆ Japanese mother and child stabbed in China in front of school bus
▼ + stars: | 2024-06-25 | by ( Nectar Gan | Himari Semans | ) edition.cnn.com time to read: +5 min

Tokyo/Hong Kong CNN —A Japanese woman and her child were among three people stabbed by a man on Monday in front of a school bus at a bus stop in eastern China, according to Japanese authorities. In Suzhou, the attack took place Monday afternoon as the mother waited to pick up her child at a bus stop near a Japanese school, according to the Japanese official. The school bus is from the Suzhou Japanese School, located less than a mile from the bus stop in an area where many Japanese nationals live, NHK said. Opened in 2005, the Suzhou Japanese School offers six-year elementary school and three-year junior high school curriculums, according to its website. Its rules state that students must be picked up by a parent or guardian from the school bus.

Persons: Hong Kong CNN —, “, ”, Zhou, Mao Ning, rampages, –, Xi Jinping Organizations: Hong Kong CNN, Japanese Nationals Overseas Safety Division, Japan’s Foreign Ministry, CNN, Embassy, NHK, Suzhou Japanese, Japan’s Embassy, Foreign, Suzhou Japanese School Locations: Tokyo, Hong Kong, China, Suzhou, Jiangsu province, Shanghai, Jilin ., Jilin, Beijing, Japan

☆ Why These Chinese Working Mothers Don’t Want More Babies
▼ + stars: | 2024-06-18 | by ( Isabelle Qian | ) www.nytimes.com time to read: +7 min

Her boss, a woman who had been advocating for her to be given a leadership role, left the team while Ms. Zhao was on a five-month maternity leave. After college, Ms. Zhao set aside her dream of becoming a civil servant to pursue a higher-paying job. (Nearly a third of Chinese women have college degrees now, up from fewer than 1 percent in 1990.) Six months after Ning was born, Ms. Tang returned to her office, leaving the baby in the care of a grandmother. Her husband and in-laws oppose the move, but Ms. Tang doesn’t want to be held back.

Persons: doesn’t, Xi Jinping, —, ” Joyce Zhao, Joyce Zhao, Ming, Zhao, Ms, “, Ming’s, ” Ms, ”, ” Guo Chunlei, Guo Chunlei, Guo, Tianyi, ” Tang Pingjuan, Tang Pingjuan, Tang, Ning, Tang doesn’t Locations: Beijing, China, Hangzhou, Guangzhou, Shenzhen

☆ DI Capital's stock bets are paying off this year. Here's how Dan Sundheim's peers like Tiger Global and Coatue are doing in 2024.
▼ + stars: | 2024-06-14 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe public markets have been kind to Dan Sundheim this year. The most even-keeled of the big-name Tiger Cubs has been Viking Global, which will lose its chief investment officer, Ning Jin, at the end of August. Many of these firms struggled in 2022 when public and private tech companies slumped thanks to a global rise in interest rates. AdvertisementRepresentatives for Tiger Global, Coatue, and Viking Global either declined to comment or did not respond to requests for comment.

Persons: —, Dan Sundheim, Philip Morris, Chase, Philippe Laffont's Coatue, Ning Jin, Julian Robertson's, Management — Organizations: Service, D1, Business, Viking, Philippe Laffont's Coatue Management, Tiger Cubs, Management, Tiger Global, Viking Global Locations: Marlboro, New York

☆ India's race to overtake China will intensify after Modi's reelection because they have the same obsession, analyst says
▼ + stars: | 2024-06-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Read previewIndian Prime Minister Narendra Modi this week secured a historic third term in office — and it's likely to intensify India's economic rivalry with China. Both India and China will be focused on manufacturingTo reach its goal, Modi's India will likely be going big on manufacturing. Companies are diversifying their operations outside China to avoid over-relying on one country, and India is aiming to be the new China. AdvertisementIndia's foreign policy toward China is unlikely to change following Modi's re-election, Ivan Lidarev, an Asian security scholar at King's College London, told Channel NewsAsia. "I think India has strived to position itself as a leader of the global south, and of course, China wants this position," added Lidarev.

Persons: —, Narendra Modi, David Lubin, Modi, Xi Jinping, Bharat, Lubin, Raghuram Rajan, NPR's, Rajan, It's, William Lai's, Mao Ning, Ivan Lidarev Organizations: Service, London, Business, South, Central Bank of India, EV, King's College London, West Locations: —, China, Asia, India, Vietnam, Bangladesh, Malaysia, Delhi, Taiwan, Beijing

☆ Slamming China over its stance on Russia and the war, Ukraine might have made a big miscalculation
▼ + stars: | 2024-06-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Ukrainian President Volodymyr Zelenskyy's very public criticism of China over its relationship with Russia and cool stance toward a forthcoming peace summit could end up backfiring on Kyiv, analysts say. China analysts say Zelenskyy's outburst was a risky move that could antagonize and alienate Beijing — and push it closer to Russia. Russian President Vladimir Putin and Chinese President Xi Jinping bid farewell at the end of talks in Beijing, China May 16, 2024. China confirmed last week that it would not send a delegation to the Ukraine peace summit set to be held at the Bürgenstock resort above Lake Lucerne, saying the event does not meet its expectations that both Russia and Ukraine take part. Ukraine's President Volodymyr Zelenskyy speaks with Chinese President Xi Jinping via phone line, in Kyiv on April 26, 2023.

Persons: Volodymyr Zelenskyy's, Zelenskyy, Volodymyr Zelenskyy, Edgar Su, Astrid Nordin, Putin, Xi Jinping, Vladimir Putin, Mikhail Metzel, it's, Mao Ning, Bonnie Glaser, Glaser, Xi, Joe Biden, Kamala Harris, Jake Sullivan, Volodymyr Zelenskiy, Leah Millis Organizations: Beijing, Reuters, Ministry, Chinese International Relations, King's College London, CNBC, Putin, Russian, Via Reuters, Presidential Press Service, Foreign, Asia, German Marshall Fund of, National Security, White Locations: China, Russia, Kyiv, Singapore, Ukraine, Moscow, Switzerland, Reuters China, Beijing, Via, Via Reuters China, Lake Lucerne, United States, Saudi Arabia, California, Hollywood, Moscow . U.S, Washington , U.S

☆ China denies Zelenskyy's claim that Beijing is trying to disrupt Ukraine's peace summit
▼ + stars: | 2024-06-04 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

China's Foreign Ministry spokeswoman Mao Ning attends a press conference at the Ministry of Foreign Affairs in Beijing on January 15, 2024. China has denied allegations by Ukraine's president that Beijing is pressuring other countries not to attend an upcoming Ukraine peace summit, with the foreign ministry claiming that Beijing's position on the matter remains "fair and just." Chinese foreign ministry spokeswoman, Mao Ning, denied those charges on Monday, saying that "hegemonism and power politics are not China's diplomatic style." The peace talks, scheduled to take place in Switzerland on June 15-16, will focus on the over two-year Russian invasion of Ukraine started in February 2022. China has repeatedly called for a cease-fire and dialogue concerning the war in Ukraine, and said it will help facilitate peace talks.

Persons: Mao Ning, Volodymyr Zelenskky, Zelenskyy, Mao Organizations: China's Foreign, Ministry of Foreign Affairs, Sunday Locations: Beijing, China, Ukraine, Singapore, Russia, Asia, Switzerland

☆ China's capital city is opening a robotaxi route to a major train station, startup Pony.ai says
▼ + stars: | 2024-05-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Robotaxi operator Pony.ai has begun testing rides with human staff inside between a suburb of Beijing and a major high-speed train station. By the end of this year or early next year, Zhang expects the train station route will be fully driverless, with no human staff inside. BEIJING — In three years, China's capital city of Beijing has taken rapid steps toward letting robotaxis operate closer to the city center. By the end of this year, Zhang expects the city will allow robotaxi operation around Beijing Capital International Airport to the north. In three to five years, Zhang expects Beijing will allow robotaxis throughout the city.

Persons: Pony.ai, Zhang, Ning Zhang, WeRide Organizations: Beijing South Railway, CNBC, BEIJING —, Daxing International, Baidu, Beijing Capital International Airport, Toyota Locations: Beijing, Yizhuang, Pony.ai, BEIJING, China

☆ Shangri-la Dialogue: Death of a Filipino in South China Sea clashes would be ‘very close’ to act of war, Marcos Jr warns
▼ + stars: | 2024-05-31 | by ( Brad Lendon | Jerome Taylor | ) edition.cnn.com time to read: +5 min

Singapore CNN —The death of any Filipino citizen at the hands of another country in the South China Sea would be “very close” to an act of war, Philippines President Ferdinand “Bongbong” Marcos Jr. warned Friday as his nation faces increasingly fraught clashes with Chinese vessels in the South China Sea. China has increasingly pushed its territorial claims in the South China Sea, and China Coast Guard ships, reinforced by maritime militia boats, have been involved in a series of fraught clashes over the last year that has seen Philippine ships damaged and Filipino sailors injured by water cannon. A China Coast Guard vessel sails close to a Philippines ship during a day of clashes in the South China Sea, March 5, 2024 Rebecca Wright/CNNKey global waterwayChina claims “indisputable sovereignty” over almost all of the 1.3 million-square-mile South China Sea – one of the world’s busiest waterways. Meanwhile, the Philippine Navy said it is prepared to protect the rights of Filipinos and would be increasing patrols in the South China Sea, including the areas of contested sovereignty, according to the PNA. “What I want to emphasize is that it is not China but the Philippines that has frequently escalated the situation in the South China Sea,” Ning added.

Persons: Ferdinand “ Bongbong ” Marcos Jr, Marcos, Lloyd Austin, Dong Jun, ”, –, ” Marcos, Rebecca Wright, Mao Ning, ” Ning, “ Organizations: Singapore CNN, US, Coast Guard, China Coast Guard, CNN, West, Philippine Navy, Foreign Ministry Locations: Singapore, South, Philippines, South China, Philippine, Filipino, China, Beijing, Manila, United States, Washington, Vietnam, Malaysia, Brunei, Taiwan, Hague, China’s, West Philippine, Asia, Pacific

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