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☆ Woodside Energy CEO: LNG demand signaling that customers are 'nervous'
▼ + stars: | 2024-10-21 | 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 EmailWoodside Energy CEO: LNG demand signaling that customers are 'nervous'Meg O'Neill, managing director and CEO of Woodside Energy, talks about the outlook for the liquified natural gas industry going into 2025. She also discusses the potential impact that the U.S. election and ongoing Middle East conflict may have on the business.

Persons: Meg O'Neill Organizations: Energy, Woodside Energy

☆ China slams U.S. for adding firms to export control list over alleged support for Russian military
▼ + stars: | 2024-08-26 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden and Chinese President Xi Jinping before a meeting during the Asia-Pacific Economic Cooperation leaders' week in Woodside, California, Nov. 15, 2023. China on Sunday said it "resolutely opposes" the U.S. decision to add multiple Chinese entities to its export control list in a bid to further curb Russia's access to advanced U.S. technology required for its weapons. The U.S. on Friday said it is tightening export controls to "further restrict the supply of both U.S.-origin and 'U.S. A total of 123 entities were added to the list, including 42 located in China, 63 from Russia and 14 in Türkiye, Iran, and Cyprus. Firms on the "Entity List" are subjected to export restrictions and licensing requirements for certain technologies and goods.

Persons: Joe Biden, Xi Jinping, Alan Estevez Organizations: Economic Cooperation, Xinhua, China's Ministry of Commerce, Firms, Commerce, Industry Locations: Asia, Woodside , California, China, Beijing, U.S, Russia, Belarus, Ukraine, Türkiye, Iran, Cyprus

Ms. Harris dropped in on each one, in descending order of price and intimacy, as donors enjoyed peach mimosas and shrimp cocktails before her remarks in the grand ballroom. The Harris campaign is immediately being more intentional at courting this community, dispatching aides to meet with affinity groups representing venture capitalists and the cryptocurrency industry. And she has hired additional fund-raising aides with ties to the Bay Area who helped organize Sunday’s event. Ms. Harris also has connections that Mr. Biden simply does not. Josh Becker, who represents much of Silicon Valley in the California Senate and is close with many industry heavyweights, said he had hosted Ms. Harris in his home two decades ago.

Persons: Joe Biden, Kamala Harris, Biden, Harris’s, givers, Harris, ”, “ Harris Walz ”, Donald J, Trump, podcaster David Sacks, Sacks, Sheryl Sandberg, Laurene Powell Jobs, Steve Jobs, Josh Becker, Becker, ” Mr, Jason Henry, Nancy Pelosi, Jeffrey Katzenberg, Tom Steyer, Liz Simons, John Doerr, Reid Hoffman, Steve Westly, Getty, scions, Westly, Harris “, Eleni Kounalakis, —, ” Lateefah Simon, “ Kamala Harris, Simon, “ She’s, Ms, Ron Conway, Steve Spinner, Barack Obama’s, Hopkins, Mr, Spinner Organizations: Sunday, Obama, Bay Area, Facebook, Apple, San, California Senate, The New York Times, Biden, Area, InterContinental Locations: San Francisco, Nob, Woodside, Menlo, California, Pacific Heights, Silicon Valley, Versailles, Bay

☆ Harris Appeals to Tech Leaders in a Return to San Francisco
▼ + stars: | 2024-08-11 | by ( Theodore Schleifer | ) www.nytimes.com time to read: +1 min

Vice President Kamala Harris, whose political career was born in San Francisco two decades ago, on Sunday returned to the city for the first time since clinching the Democratic presidential nomination, hoping to reset relations with a tech community that has soured some on President Biden. Ms. Harris’s late-morning event raised $13 million from the region’s white-collar establishment that counts her as their own. But her trip was as much a rally as a fund-raiser, with about 700 people piling into the Grand Ballroom of the Fairmont Hotel atop Nob Hill. (Some donors with a connection or two found a way, as they do, to skip the line.) Ms. Harris dropped in on each one, in descending order of price and intimacy, as donors enjoyed peach mimosas and shrimp cocktails before her remarks in the grand ballroom.

Persons: Joe Biden, Kamala Harris, Biden, Harris’s, givers, Harris Organizations: Sunday Locations: San Francisco, Nob, Woodside, Menlo

“It’s not like Biden’s inner circle didn’t know this,” one Democratic strategist close to the White House said of the extent of the president’s recent decline. “Expect a drip, drip, drip,” said one former Biden White House official. “Blinders are off and everyone is aware,” one source close to the White House told CNN. “He’s declined,” one House Democratic lawmaker who attended the gala told CNN. She wields influence in the White House and campaign, and sits in on some of the president’s political meetings.

Persons: Joe Biden, George Clooney wasn’t, Biden, “, ”, Barack Obama, Obama, Bill Clinton, “ He’s, –, ’, Camp David, “ It’s, Tom Vilsack –, Andrew Bates, “ Joe Biden, ” Bates, Jens Stoltenberg, Keir Starmer, Jacquelyn Martin, Nancy Pelosi, Lester Holt, Ari Emanuel, Ron Klain, ” Emanuel, Klain, Emanuel, Bates, Brett McGurk, Xi Jinping, Kevin Lamarque, Lady Jill Biden, Hunter Biden’s, Emmanuel Macron, Jill Many, Jill Biden, Chris Kleponis, “ She’s, she’s, Jill Biden’s, Valerie Biden Owens, Jill, Valerie won’t, CNN’s Priscilla Alvarez, Kylie Atwood, Betsy Klein, Arlette Saenz, Phil Mattingly Organizations: CNN, Peacock Theater, Radio City Music Hall, Democrat, White, Democratic, Biden, Camp, Los, “, Biden White House, NATO, British, AP, MSNBC, NBC, White House, Congressional Hispanic Caucus, Economic Cooperation, Getty, Democratic Party Locations: Los Angeles, Italy, California, New York, Washington, Las Vegas, Aspen , Colorado, United States, Filoli, Asia, Woodside , California, Wilmington , Delaware, Paris, France, Wilmington, Pennsylvania, AFP

☆ RBC adds 2 global oil and gas stocks to its superbly outperforming energy list
▼ + stars: | 2024-07-09 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

RBC Capital Markets added two major global oil and gas companies to its Global Energy Best Ideas list. Those additions come as RBC adjusts its list of preferred energy stocks, simultaneously removing Santos , an Australian oil and gas producer. The stocks in the RBC Global Energy Best Ideas list were collectively resilient last month, declining by just 0.5%. However, it still outperformed the iShares Global Energy ETF , which fell by 2.5% during the same time. RBC has been equally bullish on Woodside Energy , Australia's largest independent oil and gas producer, and its inclusion in its energy basket.

Persons: Santos, Greg Pardy, Wael Sawan Organizations: RBC Capital Markets, Global Energy, Shell, Woodside Energy, RBC, RBC Global Energy, Global Energy ETF, Energy Locations: U.S, Europe, Australian, United States, Senegal

☆ No Field, No Problem. An Academic Powerhouse Can Also Play Ball.
▼ + stars: | 2024-06-16 | by ( David Waldstein | ) www.nytimes.com time to read: +1 min

Housed in a former pocketbook factory in Astoria, Queens, the tiny Baccalaureate School for Global Education is an elite public high school with a rigorous academic curriculum. Founded in 2002, it has only about 400 students, no gym, no playing fields and no auditorium. Students who want to play on the school’s softball team, for instance, have to take two subway lines and then walk another 10 minutes to a remote practice field in Woodside. It is not the ideal setting for a sports powerhouse, but the Baccalaureate girls’ softball team, known as the Sting, is not only good; it dominates. The squad, made up of a cohesive group of dedicated players, rolled through its 2024 schedule undefeated (14-0) and capped an improbable season by winning the Public Schools Athletic League 2A division championship, Baccalaureate’s first title in any sport.

Persons: Sting, Baccalaureate’s Organizations: School, Global Education, softball, Public Schools Athletic League Locations: Astoria , Queens, Woodside, Far Rockaway, Queens

☆ China slams U.S. probe into its shipbuilding industry, says move is a 'mistake on top of a mistake'
▼ + stars: | 2024-04-18 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

China said it "firmly opposes" the U.S. investigation into its maritime, logistics and shipbuilding industries, calling the move a "mistake on top of a mistake." In an official statement late Wednesday, China's ministry of commerce said the U.S. provides hundreds of billions of dollars in "discriminatory" subsidies to its domestic industries, "yet accuses China of adopting so-called 'non-market practices.'" "In fact, the development of China's industries is the result of companies' technological innovation and active participation in market competition," the Chinese ministry said. On Wednesday, the Office of the U.S. Trade Representative initiated a probe into China's maritime, logistics and shipbuilding industries, alleging that Beijing used "unfair, non-market policies and practices" to dominate these sectors. "By launching a new Section 301 investigation, the U.S. is making a mistake on top of a mistake," the China's commerce ministry said.

Persons: Joe Biden, Xi Jinping, China's Organizations: Economic Cooperation, U.S . Trade, Trade Locations: Asia, Woodside , California, China, U.S, Beijing

☆ Biden’s China tariff threats are more bark than bite, economists say
▼ + stars: | 2024-04-11 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden attends a bilateral meeting with Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Woodside, California, U.S., November 15, 2023. REUTERS/Kevin LamarqueThe Biden administration this week sent several signals of a toughening U.S. economic strategy against China. Earlier in the week, Treasury Secretary Janet Yellen delivered tougher economic red lines on a visit to China. China has so far denied the overcapacity accusation as "groundless" and fired back that the U.S. is threatening protectionist trade policies to stifle global competition. "It remains unclear what this relationship will endure in the months and years ahead," Yellen said at a press conference in Beijing on Monday.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Biden, Fumio Kishida, Kishida, Janet Yellen, Yellen, CNBC's Sara Eisen, Republican Donald Trump Organizations: Economic Cooperation, REUTERS, China, Japanese, U.S ., Biden, EU, U.S, Republican Locations: Filoli, Asia, Woodside , California, U.S, Washington, Japan, China, United States, Beijing

☆ Biden and Xi Jinping hold phone call ahead of Yellen's trip to China
▼ + stars: | 2024-04-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

President Joe Biden spoke with Chinese President Xi Jinping on the phone Tuesday, a call the White House described as a way for the two leaders to "check in" and responsibly manage the strained U.S.-China relationship. During the call with Xi, the first such phone meeting since July 2022, Biden raised a host of U.S. concerns, according to a White House readout of the call. Specifically, Biden confronted Xi on China's "unfair trade policies and non-market economic practices," the White House said. The last time Biden and Xi met in person was in November, on the sidelines of a summit in Woodside, California. "To take it back to that meeting last November, both President Biden and President Xi agreed that they would try to pick up the phone a bit more," the senior administration official said.

Persons: Joe Biden, Xi Jinping, Xi, Biden, Janet Yellen, Antony Blinken, Yellen Organizations: White, U.S ., Russia, U.S, Treasury, Treasury Department, Trump Locations: U.S, China, Taiwan, Ukraine, November's, Woodside , California, Guangzhou, Beijing, United States, Washington

☆ Biden and Xi speak for first time since November summit amid global tensions
▼ + stars: | 2024-04-02 | by ( Mj Lee | Donald Judd | ) edition.cnn.com time to read: +7 min

It is about verifying, as the president says,” the official told CNN when asked about Xi’s pledge that Beijing will not interfere in the US’ 2024 election. The Biden administration plans to continue stressing to Beijing the US’ grave concerns about Chinese efforts to hack US critical infrastructure, the official said. “We would hope there would be a chance for another in-person meeting” in the near future, the senior administration official said. A Treasury official told reporters Monday she planned to have frank discussions on what the administration considers “unfair” trade practices from China. In January, Sullivan met with the Chinese foreign minister in Bangkok, and Blinken met with the Chinese official in Munich in February.

Persons: Joe Biden, Xi Jinping, Biden, ”, Antony Blinken, Xi, Xi –, Jake Sullivan, Vladimir Putin, “, Yellen, Janet Yellen, Sullivan, Blinken, Lloyd Austin, CNN’s Sam Fossum, Arlette Saenz Organizations: Washington CNN, White, Biden, CNN, Treasury, Defense Locations: Gaza, Ukraine, Washington, Beijing, Taiwan, South, Taiwan Strait, China, Woodside , California, California, ”, Russia, Guangzhou, Bangkok, Munich

☆ Opinion: The world’s dangerous place has only gotten more dangerous
▼ + stars: | 2024-03-10 | by ( Fareed Zakaria | ) edition.cnn.com time to read: +5 min

Editor’s Note: Fareed Zakaria is the host of Fareed Zakaria GPS, airing at 10 a.m. and 1 p.m. ET and PT tonight on CNN, Fareed’s latest special report, “Taiwan: Unfinished Business,” will examine the complicated history and present dangers surrounding Taiwan. The backdrop to the tensions over Taiwan is, of course, the expanding geopolitical rivalry between China and the United States. Washington has been willing to accept China’s claims on Taiwan as long as it did not use coercion to achieve them. This is one place on Earth where there should be little room for macho rhetoric and provocative actions.

Persons: Fareed Zakaria, Fareed, Read, Fareed’s, ”, —, Xi Jinping, Donald Trump, Graham Allison, “, Joe Biden, Brendan Smialowski, Mao Zedong Organizations: CNN, Fareed’s, Unfinished, Harvard, Economic Cooperation, APEC, Getty, America Locations: Taiwan, China, United States, Soviet, Asia, Woodside , Calif, AFP, Soviet Union, Pakistan, India, People’s Republic of China, Communist China, Washington, Beijing

☆ The Endangered Languages of New York
▼ + stars: | 2024-02-22 | by ( Alex Carp | ) www.nytimes.com time to read: +19 min

Most people think of endangered languages as far-flung or exotic, the opposite of cosmopolitan. All told, there are more endangered languages in and around New York City than have ever existed anywhere else, says Perlin, who has spent 11 years trying to document them. She has published children’s books in Wakhi and other endangered languages of the Pamir mountains in Central Asia. By the start of the pandemic, the city had begun official outreach in nine Indigenous languages and recorded videos in several other endangered languages. We cross-referenced E.L.A.’s New York City language list with three independent databases that track the threat level of languages around the world: Ethnologue, which catalogs all known living languages in the world; UNESCO’s World Atlas of Languages, a survey of all the languages spoken in UNESCO member states; and the Endangered Languages Project, a site to which the public can contribute content, managed by the First Peoples’ Cultural Council and the Endangered Languages Catalogue (ELCat) project at the University of Hawaii at Manoa.

Persons: Bukhori, Zaza Bartangi, Alex Carp, Ross Perlin, Perlin, Zenaida Cantu, Ikhiil Mardakhayev, Ken Hale, Michael Krauss, Krauss, ” Eleanor Castillo Bullock, Eleanor Castillo Bullock, Gloria Angeles, Gloria Tadii, ’, Daniel Kaufman, Trung, Kaufman, ” Kaufman, Gola, Rasmina Gurung, Safiyatou, E.L.A, ”, “ Ahh, “, —, Ganja Perlin, Ibrahima Traore, Kamel Mrowa, Kante, Husniya Khujamyorova, Pamiri, ” Perlin, Seke, ” Gurung, ” Irwin Sanchez, ” Patricia Tarrant, Patricia Tarrant, Thelma Carrillo, Carrillo, Uttam Singha, Singha, Jean James, Jean, Gurung, doesn’t, Ibrahima Traore's, Coleman Donaldson Organizations: Lenape, Scottish, U.S, Arts Medicine Agriculture Education International, Rebeldía, Language Alliance, Perlin, Rockefeller Center, American Indian Community House, city’s Health Department, Manipuri, New York City, Endangered Language Alliance, of, UNESCO, First, Cultural, University of Hawaii Locations: Syrian, Pangasinan, Nauaran, Kurdish Moroccan, Zaza Bartangi Puerto, Taíno, New York City, New York, Nepal, Brooklyn, Bangladesh, India, Queens, Central Mexico, Mexico, Israel, Hope, Belize, Kukaa, Oaxaca, Manhattan, E.L.A, QUEENS, Pangasinan Kham, Woodside, Elmhurst, Jackson, Tshugsang, Kathmandu, Brooklyn , New York, America, Roosevelt, Gabon, Republic of Congo, Language, ”, Australian, — Culiacán, Mexico City , New York, Los Angeles, Ganja, Harlem, Bronx, Montclair , N.J, “, Bouaké, Lebanon, Midwood , Brooklyn, Wakhi, Central Asia, Pamir, Tibet, city’s, New, Latin America, United States, Jamaica Estates, Staten, Lummi, Manoa

☆ Biden officials confront limits of federal response in exercise preparing for 2024 election threats
▼ + stars: | 2024-02-09 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +11 min

Carolyn Kaster/AP/FileUS national security officials have to weigh whether publicly calling attention to disinformation might inadvertently amplify the very message they’re trying to bat down. In both scenarios, federal officials favored a muted public response, largely choosing to let state and local governments take the lead. State and local officials run elections and are more trusted voices in their communities, but how can federal officials act decisively to support them? “It’s a trick box,” said Adam Hickey, who worked on election security issues for the Justice Department’s National Security Division. “[W]e prioritize tabletop exercises that integrate the range of cyber, physical, and operational threats election officials may encounter,” Conley said in a statement to CNN.

Persons: “, ”, —, Carolyn Kaster, there’s, Biden, Xi Jinping, Kevin Lamarque, Joe Biden, deepfakes, ” Sen, Mark Warner, Kevin Dietsch, Francisco Aguilar, ” Aguilar, Donald Trump’s, Adam Hickey, Hickey, Cait Conley, DHS’s, ” Conley, –, ” CNN’s Evan Perez, Natasha Bertrand, Donie O’Sullivan, Katie Bo Lillis Organizations: Washington CNN, CNN, FBI, CIA, Homeland Security, Biden White, Jeffersonville Masonic, New Hampshire, Foreign Ministry, ”, Senate, Committee, White, Senate Intelligence, Virginia Democrat, Republican, Trump, Capitol, Justice Department’s National Security, “, Justice Department, Department of Homeland, National Security Council, US Army, DHS’s Cybersecurity, Infrastructure Security Agency Locations: China, Jeffersonville, Jeffersonville , Ohio, American, Woodside , California, Nevada, Russia, Iran, Russian, Iranian

☆ Woodside Energy ceases talks on $52 billion Santos merger
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: 1 min

Signage for Woodside Energy Group Ltd. atop the Mia Yellagonga building, which houses the company's headquarters, in Perth, Australia, on Tuesday, Aug. 24, 2023. Australia's Woodside Energy said on Wednesday it had ended talks with Santos to create a possible AU$80 billion ($52.22 billion) global oil and gas giant. Woodside said it would only pursue a deal that would add value for its shareholders. Santos shares dropped 5% soon after the news was announced while Woodside's stock rose 2% on Wednesday. "While the discussions with Santos did not result in a transaction, Woodside considers that the global LNG sector provides significant potential for value creation," Woodside CEO Meg O'Neill said in a statement.

Persons: Mia Yellagonga, Santos, Meg O'Neill Organizations: Woodside Energy Group, Australia's Woodside Energy, Santos, Woodside Locations: Perth, Australia

☆ 'Big opportunity': One pro names his top energy stocks for the long and short term
▼ + stars: | 2024-02-02 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

Energy stocks have had a mixed start to the year as ongoing geopolitical uncertainties and fluctuating oil prices continue to affect the sector. One chief investment officer, however, sees potential in oil, naming one immediate and one longer-term investment opportunity. "It's [a] deepwater oil play, very long life there. "We think that there will be some players that will [be the] last folks standing in that game, and we think Petrobras will be one of those." Longer-term play A longer-term play on Jones' radar is Australian petroleum player Woodside Energy , which trades on the Australian and London Stock Exchanges as well as the Nasdaq.

Persons: Jevons Global's Kingsley Jones, CNBC's, Brazil –, Jones Organizations: Petrobras, New York Stock, Woodside Energy, London Stock Exchanges, Nasdaq, Santos Locations: Brazilian, Brazil, Europe, Woodside

☆ Exclusive: Xi promised Biden China wouldn’t interfere in 2024 election
▼ + stars: | 2024-01-30 | by ( Sean Lyngaas | Mj Lee | ) edition.cnn.com time to read: +6 min

In a meeting this past weekend in Bangkok with Chinese Foreign Minister Wang Yi, US national security adviser Jake Sullivan again brought up the topic. Wang offered Sullivan the same assurance Xi had given Biden months prior — that Beijing would not meddle in the American election this fall, the source said. The White House National Security Council declined to comment on whether election interference came up in the Biden-Xi and Sullivan-Wang meetings. CNN has reached out to the Chinese Foreign Ministry for comment. Last week, a senior National Security Agency official told reporters that the agency had not yet seen signs of any notable new foreign influence operations aimed at the 2024 election.

Persons: Xi Jinping, Joe Biden, Xi, Biden, Wang Yi, Jake Sullivan, Wang, Sullivan, Hillary Clinton’s, ”, “, Chris Krebs, ” Krebs, Brendan Smialowski, Antony Blinken, CNN’s Natasha Bertrand Organizations: CNN, Chinese Foreign, Democratic National Committee, FBI, Justice Department, White House National Security, Biden, Chinese Foreign Ministry, Microsoft, of, National Security Agency, US, Infrastructure Security, Economic Cooperation, APEC, Getty Locations: China, California, Bangkok, Beijing, Taiwan, Russia, Iran, Asia, Woodside , California, AFP, Washington, Chinese

BANGKOK (AP) — Senior U.S. and Chinese representatives are expected to meet in Bangkok, Thailand as the two countries seek to cool tensions. Officials from both sides said U.S. National Security Adviser Jake Sullivan and Chinese Foreign Minister Wang Yi would meet. Political Cartoons View All 253 ImagesChinese foreign ministry spokesperson Wang Wenbin confirmed that Wang Yi plans to meet with Sullivan. Sullivan, whose visit is scheduled to end Saturday, paid a courtesy call Friday on Prime Minister Srettha Thavisin and later held a bilateral meeting with Foreign Minister Parnpree Bahiddha-Nukara, the Thai foreign ministry said. The Thai foreign ministry announced that Wang Yi will meet with his counterpart on Saturday to sign an agreement exempting Thai nationals from requiring visas to visit China, and on Monday will meet with the prime minister.

Persons: Jake Sullivan, Wang Yi, Adrienne Watson, “, Biden, Xi, Wang Wenbin, Sullivan, Wang, Srettha Thavisin, Parnpree Bahiddha, ” Organizations: — Senior, National, Foreign, Thai, National Security, Foreign Ministry, Washington Locations: BANGKOK, Bangkok, Thailand, Thai, Suez, China, Iran, Beijing, Chinese, North Korea, Washington, Myanmar, Ukraine

LOS ANGELES (AP) — Japan's Sekisui House Ltd. is buying Denver-based homebuilder M.D.C. Holdings Inc. for $4.9 billion in a deal that would make the Japanese company the fifth-largest builder of new homes in the U.S. The companies said Thursday that they reached a definitive agreement for Osaka-based Sekisui to acquire M.D.C. Holdings for $63 per share. The all-cash offer translates to a roughly 19% premium over M.D.C. Holdings' closing stock price Wednesday. Political Cartoons View All 253 ImagesIn addition to the U.S. and Japan, Sekisui House has operations in Australia, the U.K., China and Singapore. Among the U.S. home construction brands it now operates are Woodside Homes, Holt Homes, Chesmar Homes and Hubble Homes.

Persons: Toru Tsuji, Sekisui, homebuilders Organizations: ANGELES, Sekisui, Holdings Inc, U.S, M.D.C, Holdings, M.D.C . Holdings, . Holdings, Richmond American Homes, Woodside Homes, Holt Homes, Chesmar, Hubble Homes, Residential Holdings Locations: Denver, Osaka, California , Florida , Texas, Japan, Australia, China, Singapore, U.S, Woodside, Sekisui

☆ China’s economy grew by about 5.2% in 2023, Premier Li tells Davos meeting
▼ + stars: | 2024-01-16 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China’s economy grew by about 5.2% in 2023, slightly better than the official target Beijing had set, Premier Li Qiang said Tuesday at the World Economic Forum’s annual meeting in Davos, Switzerland. “In the past year of 2023, China’s economy has generally rebounded and improved,” the country’s second highest official told the meeting of global business and political leaders. While this expansion would mark a significant pick-up over 2022, when China’s economy grew by just 3%, it is still one of the country’s economic worst performances in over three decades. “Even if there are twists and turns in China’s economic operation, its overall long-term positive trend will not change,” said Li. The premier is the most senior Chinese leader to attend the Davos forum in person since President Xi Jinping in 2017.

Persons: Li Qiang, Hong, Seng, ”, Li, Xi Jinping, Viola Amherd, Joe Biden, BRENDAN SMIALOWSKI, Xi Organizations: Hong Kong CNN, Beijing, Swiss, Economic Cooperation, APEC, Getty Locations: Hong Kong, Davos, Switzerland, “, China, Beijing, Asia, Woodside , California, AFP, United States

☆ White House prepares for Taiwan presidential elections and 'period of higher tension'
▼ + stars: | 2024-01-11 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

U.S. President Joe Biden and Chinese President Xi Jinping before a meeting during the Asia-Pacific Economic Cooperation leaders' week in Woodside, California, Nov. 15, 2023. A senior Chinese liaison to Taiwan warned recently that Saturday's election would be a choice between "peace and war." Depending on the outcome, they could also trigger an increase in Chinese military activity in and around the island. Taiwan has reported myriad attempts by the Chinese government to influence the election via disinformation campaigns, cyberattacks and economic coercion. These meetings build on President Joe Biden's November one-on-one with Chinese President Xi Jinping in San Francisco, which aimed to end the bitter freeze that has characterized recent U.S.-China relations.

Persons: Joe Biden, Xi Jinping, Biden, Washington, Lai Ching, Hou Yu, Ko Wen, Jon, Joe Biden's, Xi, Taiwan's Organizations: Economic Cooperation, U.S ., Democratic Progressive Party, U.S, ih, Pentagon, National, White House Locations: Asia, Woodside , California, Taiwan, China, Beijing, U.S, United States, Washington, Taipei, San Francisco

☆ Biden and Xi's meeting sent an important signal for U.S. business in China
▼ + stars: | 2023-11-22 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

U.S. President Joe Biden and Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15, 2023. Kevin Lamarque | ReutersBEIJING — U.S. President Joe Biden's meeting with Chinese President Xi Jinping last week has set a bottom line in the relationship which reduces uncertainty for businesses, analysts said. In conversations with Xi, Biden did not budge on export controls, enacted out of national security concerns. Wedding versus marriageAfter meeting Biden, Xi spoke at a dinner with top U.S. business executives in which he said the fundamental question was whether the two countries are "adversaries or partners." No 'splashy deliverables'Long-standing issues for U.S. business operations in China remain, and deals aren't made overnight.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Joe Biden's, Biden, Xi, Wang Dong, Jake Colvin, Gabriel Wildau, interlocutors, Ian Bremmer, Gary Dvorchak, it's, Jin Canrong, Jin, aren't Organizations: Economic Cooperation, Reuters, Reuters BEIJING —, Institute for Global Cooperation, Peking University, D.C, Foreign Trade Council, Summit, U.S, Biden, Eurasia Group, Mastercard, Monday, People's Bank of, Blueshirt Group, School of International Studies, Renmin University of China, Center for American Studies, Max, Boeing Locations: Filoli, Asia, Woodside , California, Reuters BEIJING, Reuters BEIJING — U.S, San Francisco, U.S, China, United States, Washington, Beijing, People's Bank of China, Taiwan

☆ Fact Check: Altered image of Biden turning his back on Xi in California
▼ + stars: | 2023-11-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Footage from Reuters and other news outlets of U.S. President Joe Biden welcoming Chinese leader Xi Jinping in California does not show Biden turning his back on Xi, despite an image circulating online. A post (archived) on social media said: “President Xi is patiently waiting for President Biden to turn around his body” and “To respect old people is a virtue in China.” The accompanying image shows Biden facing toward his right, with his hand out, while Xi is on Biden’s left. Reuters footage of the same scene does not show Biden turning his back on Xi at any point during the exchange, however. Biden’s posture, facial expressions and hand placement in the altered image also match the 19-second timestamp where he reaches out to shake Xi’s hand, but with the image flopped so that Biden is facing away from Xi. Biden did not turn his back on Xi while welcoming him at the Filoli estate in California, according to footage of the scene from multiple news outlets.

Persons: Joe Biden, Xi Jinping, Biden, Xi, Biden’s, Xi’s, Read Organizations: Reuters, Economic Cooperation, Facebook, MSNBC, ABC, Thomson Locations: U.S, California, Woodside , California, San Francisco, Asia, China

☆ U.S., China will seek to limit rising tensions amid domestic challenges, risk analyst says
▼ + stars: | 2023-11-20 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

US President Joe Biden greets Chinese President Xi Jinping before a meeting during the Asia-Pacific Economic Cooperation (APEC) Leaders' week in Woodside, California on November 15, 2023. China's President Xi Jinping and U.S. President Joe Biden will strive to keep a lid on tensions between the world's top two economies next year, as they focus on domestic challenges. The two leaders met last week on the sidelines of the Asia Pacific Economic Cooperation leaders' meeting in San Francisco after the global rivalry between the world powers came to a head earlier this year. Their first meeting in a year capped months of diplomatic work aimed at normalizing their shaky bilateral relationship derailed by a suspected spy balloon over continental U.S. early 2023 and ex-House Speaker Nancy Pelosi's Taiwan visit in August 2022. "You'll see in coming months, the U.S. and China are trying to put a ceiling on their tensions for very pragmatic and domestic reasons," Steve Wilford, partner and Asia Pacific head of global risk analysis at Control Risks, told CNBC Monday.

Persons: Joe Biden, Xi Jinping, Nancy Pelosi's, Steve Wilford Organizations: Economic Cooperation, APEC, China's, Asia Pacific Economic Cooperation, Asia Pacific, CNBC Locations: Asia, Woodside , California, San Francisco, Nancy Pelosi's Taiwan, U.S, China

☆ Poll: Biden’s standing hits new lows amid Israel-Hamas war
▼ + stars: | 2023-11-19 | by ( Mark Murray | ) www.cnbc.com time to read: +3 min

"Failed promises, student loans, foreign policy in general," said Democrat Zico Schell, 23, of San Diego, when asked why he disapproves of Biden's job performance. "This poll is a stunner, and it's stunning because of the impact the Israel-Hamas war is having on Biden," he said. According to the poll, 40% of registered voters approve of Biden's job performance, while 57% disapprove, representing Biden's all-time low in approval (and all-time high in disapproval) in the poll since becoming president. It's only a slight overall change from September, when Biden's approval rating was at 41% — which was then tied with his previous low in the poll. Biden's approval rating dropped to 31% among these voters.

Persons: Joe Biden, Xi Jinping, Brendan SMIALOWSKI, BRENDAN SMIALOWSKI, Joe Biden's, What's, Biden, Donald Trump, Israel, Meg Furey, Zico Schell, Jeff Horwitt, Bill McInturff, McInturff, Horwitt, It's Organizations: Economic Cooperation, APEC, Getty Images, —, NBC News, Biden, Democratic, Hart Research Associates, Republican Locations: Asia, Woodside , California, California, AFP, Israel, Gaza, Austin , Texas, San Diego, Biden's

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