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☆ CNBC Daily Open: U.S. services pace slows slightly
▼ + stars: | 2024-03-06 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow's steep declineWall Street ended lower Tuesday as the broader market was dragged by sharp declines in major tech stocks. China growth pushChina may need to resort to an old tactic to hit its ambitious growth target this year. President Joe Biden and former President Donald Trump hold commanding leads in the polls of their respective parties.

Persons: Dow, Bitcoin, Wang Dan, Joe Biden, Donald Trump, Jerome Powell, Powell, Paul Meeks Organizations: CNBC, Nasdaq, Apple, Hang Seng Bank, Capitol, Nvidia, Veteran, CNBC Pro Locations: China, Beijing

☆ CNBC Daily Open: U.S. services activity moderates
▼ + stars: | 2024-03-06 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Overnight, U.S. markets were dragged lower by sharp declines in major tech stocks. China growth pushChina may need to resort to an old tactic to hit its ambitious growth target this year. AI adoption rateA global survey found AI adoption rate for businesses is yet to match the hype around the technology.

Persons: Hong, Dow, Bitcoin, Wang Dan, Jeremy Hunt, Paul Meeks Organizations: CNBC, CSI, Nikkei, Nasdaq, Apple, Hang Seng Bank, Finance, Conservative Party, Nvidia, Veteran, CNBC Pro Locations: Hong Kong, Asia, China, Beijing

☆ China may have to resort to a tried-and-tested tactic to power its 'new leap forward'
▼ + stars: | 2024-03-06 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +5 min

Liu Liqun | Corbis Documentary | Getty ImagesChina may want a "new leap forward" in "productive forces" — but President Xi Jinping may need to resort to an old tactic to hit the country's ambitious growth target this year, one economist warns. While scant on specifics, the work report appears to suggest Beijing is refraining from the aggressive, bazooka-like stimulus that some markets observers were expecting. China has historically resorted to infrastructure building as a short-term fix to boost growth, particularly after the 2008-09 financial crisis. Goldman Sachs economists said that this pledge is the "most important positive surprise" from this year's government work report. Chinese Premier Li Qiang delivers a speech during the opening of the second session of the 14th National People's Congress at The Great Hall of People on March 5, 2024 in Beijing, China.

Persons: Liu Liqun, Xi Jinping, Wang Dan, Wang, Erica Tan, Goldman Sachs, Li Qiang, Li, Lintao Zhang Organizations: Bund, Getty, Hang Seng Bank, CNBC, China Investment Corporation, Maybank, Seng Bank, National People's Congress, of People Locations: China, Beijing, overcapacity, Covid, Gorges

☆ Xi says China's women must start 'new trend of family'
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

Doing a good job in women's work is not only related to women's own development, he said but also related to "family harmony, social harmony, national development and national progress". Factors including high childcare costs, career hindrance, gender discrimination and not wanting to get married have deterred many young Chinese women from having children. The number of births is closely tied to marriage rates because official policies make it hard for single women to have children. China's National Bureau of Statistics in January reported the first population drop in six decades and the country's population is rapidly ageing. The state media has often linked population development to the strength and "rejuvenation" of the country.

Persons: Wang Dan, Aly, Xi Jinping, Farah Master, Barbara Lewis Organizations: REUTERS, Xinhua, China Women's Federation, Communist Party, China's National Bureau of Statistics, Thomson Locations: Shanghai, China, HONG KONG, Beijing

Chen told CNN he “felt sad, angry and afraid” after receiving such a call on July 21, when police told him to undergo a psychiatric evaluation. When evening fell, he crossed the border into the Laos mountains, he told CNN – and by early August, he’d crossed the Mekong River and entered Thailand. Many Chinese dissidents do not feel safe in Thailand given the government’s often friendly links with Beijing, and in the past dissidents based there have turned up in Chinese custody. Soon after posting his video, Chen was taken for questioning by Taiwan’s immigration authorities and the Mainland Affairs Council, he told CNN. Laos lies across China’s southwestern border and has long been a common, albeit risky, exit point for Chinese dissidents trying to leave the country.

Persons: Taiwan CNN —, Chen Siming, Chen, Xi Jinping, “, ”, he’d, Beijing’s, Jiang Yefei, Dong Guangping –, Lu Siwei, Lu, Wang Dan Organizations: Taiwan CNN, CNN, United Nations, Refugees, Taoyuan International Airport, Chinese Communist Party, Communist Party, Mainland Affairs Council, UNHCR, Taiwan Affairs Office Locations: Taipei, Taiwan, United States, Canada, Thailand, China, Beijing, Laos, Guangzhou, Taoyuan, Hong Kong, West, Southeast Asia

☆ China's Hebei province plans for two years of post-flood reconstruction
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

Wang Dan, 30, stands in floodwaters near a damaged corn farm, after rain and floods brought by remnants of Typhoon Doksuri, at a village in Zhuozhou, Hebei province, China August 7, 2023. REUTERS/Tingshu Wang/File PhotoBEIJING, Aug 11 (Reuters) - China's northern province of Hebei may spend two years carrying out post-flood reconstruction, state media China News Service reported on Friday. Almost 5% of Hebei's 74.2 million residents were affected by the floods, with over 40,000 homes destroyed a further 155,500 houses seriously damaged, officials said. The province will make sure affected residents can move back to their homes or have new homes before this winter, China News Service reported, citing a briefing by officials. Reporting by Laurie Chen and Beijing newsroom; Editing by Christian Schmollinger and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Wang Dan, Doksuri, Tingshu Wang, Laurie Chen, Christian Schmollinger Organizations: REUTERS, China News Service, Thomson Locations: Zhuozhou, Hebei province, China, BEIJING, Hebei, Beijing

☆ China’s Rebound Falters, Tripped Up by Debt and Weak Exports
▼ + stars: | 2023-07-16 | by ( Keith Bradsher | More About Keith Bradsher | ) www.nytimes.com time to read: +5 min

China’s economy is flashing many warning signs. Weak spending is pushing China close to a dangerous trend known as deflation: Consumer prices are flat, and wholesale prices paid by companies are actually falling. “It’s not a strong recovery; the economy is quite weak,” said Wang Dan, the chief economist at Hang Seng Bank China. Some companies are also moving supply chains out of China, which will have a longer-lasting effect on exports, Mr. Fattal said. But a huge accumulation of debt, particularly at the level of local governments, has made that hard to do.

Persons: ”, Diana Choyleva, “ It’s, Wang Dan, Richard Fattal, Fattal, Lou Jiwei, Cui Dongshu, Fu Linghui, Lou, Ms, Wang, Li You Organizations: Enodo, National Bureau, Statistics, Investment, Hang Seng Bank China, National Bureau of Statistics, Administration, Customs, Companies, Workers, China, China Passenger Car Association Locations: Shanghai, London, China, Baoding, United States, Europe

The series, “Wave Makers,” follows the fictitious lives of a team of campaign staffers in the run-up to a presidential election in Taiwan. The turn of events took the creators of “Wave Makers” by surprise. The main story line of "Wave Makers" features the solidarity and support between its two female protagonists. “Even the protagonists in ‘Wave Makers’ might not be able to persevere in our system,” said Kang at the National Chengchi University. These are people we must protect, not treat with prejudice.”For the show’s scriptwriters, Taiwan’s #MeToo moment has not fully arrived.

Persons: MeToo, ”, Tsai Ing, ” Tsai, Chien Li, Nina Peng, Wen, Let’s, “ Let’s, William Lai, Wang Dan, Wang, Kang Ting, Kang, “, Chien, Tsai, Carlos Garcia Rawlins, Taiwan’s, Liao, ” Kang, Lu Sheng, ” Peng Organizations: Taiwan CNN —, Netflix, Democratic Progressive Party, Kuomintang, KMT, “, National Chengchi University, Chinese Communist Party, Inter, Parliamentary Union, CNN, National Taiwan Normal University Locations: Taipei, Taiwan, Beijing, “, Asia

Chinese dissident Wang Dan said Friday that an allegation against him of attempted rape was unfounded. Photo: nicholas kamm/Agence France-Presse/Getty ImagesIn late April, a fictional Netflix drama about Taiwanese politics went viral on the island with a story line about sexual-assault allegations that convulse the ruling party. A little more than a month later, the plot has crossed over into the real world, with potential ramifications for political forces that the U.S. relies on to keep pressure on China.

Persons: Wang Dan, nicholas kamm Organizations: Agence France, Netflix Locations: China

☆ Tiananmen Square masacre anniversary: vigils go global as authorities in China and Hong Kong stamp out remembrance
▼ + stars: | 2023-06-03 | by ( Chris Lau | ) edition.cnn.com time to read: +10 min

“I think it’s sad to say that what Beijing and Hong Kong are doing is trying to erase history and the memory,” said Kevin Yam, a former lawyer in Hong Kong, who will be attending a ceremony in Melbourne, Australia, where he now resides. “Hong Kong has been carrying the torch for commemorating the Tiananmen massacre, keeping the legacy alive. When the museum was shut down, with the Hong Kong alliance’s leaders in prison, we knew it was a critical moment,” he said. Thousands gathered at a candlelit vigil in Hong Kong on June 4, 2017, to mark 28 years since China's bloody Tiananmen Square crackdown. “It is true that the commemorations around June 4th have expanded and become more global since it has become impossible to do anything in Hong Kong,” he told CNN.

Persons: Tyrone Siu, Hong Kongers, ”, Kevin Yam, Zhou, Zhou Fengsuo, Wang Dan, Hong Kong’s, “, Hong Kong, Isaac Lawrence, Chris Tang –, –, Louise Delmotte, Richard Tsoi, Catherine Henriette, Jens Galschiot, Anthony Kwan, Kongers Organizations: Hong Kong CNN, Communist Party, Reuters, CNN, Hong, People’s Liberation Army, Authorities, Getty, Victoria Park, Chinese Communist Party, Hong Kong Alliance, Police, . Police, of, Los, “, Britain –, London Locations: Hong Kong, China, Victoria, Beijing, Australia, Japan, Taiwan, Europe, United States, Canada, Melbourne, New York, York, “ Hong Kong, Hong, AFP, Tiananmen, Berlin, Danish, Germany, Los Angeles, Boston, Norway, Causeway, Britain, Nottingham, Manchester, London

[1/5] Hong Kong Newspapers from June 5, 1989, reporting the Tiananmen Square China uprising, is pictured during a press preview of the Tiananmen June 4th Memorial permanent exhibition, which opens June 2 in Manhattan, in New York City, U.S., June 1, 2023. REUTERS/Mike SegarNEW YORK, June 1 (Reuters) - The hope for a "free China" lives on in a new Manhattan museum dedicated to China's 1989 suppression of pro-democracy demonstrations around Tiananmen Square, exhibit organizers said on Thursday ahead of the 34th anniversary of the crackdown. The June 4th Memorial Museum in New York will be the only such permanent exhibition in the world, following the 2021 closure of a similar museum in Hong Kong under pressure from authorities. Public memorials of the crackdown were once allowed in Hong Kong, but Hong Kong police have barred a vigil there since 2020, citing COVID-19 concerns. Wang Dan, another former Tiananmen student leader who helped establish the museum, said he felt it was his obligation to show his respect for the protesters who died.

Persons: Mike Segar, Zhou Fengsuo, Zhou, Wang Dan, Wang, Aleksandra Michalska, Michael Martina, James Pomfret, Jessie Pang, Don Durfee, Rosalba O'Brien Organizations: Hong Kong Newspapers, REUTERS, Museum, China's, Hong, Overseas, Reuters, Thomson Locations: China, Manhattan, New York City, U.S, Tiananmen, New York, Hong Kong, Beijing, Washington, British, Taipei, London, Berlin

CNN —A Taiwan-based book publisher has been placed under investigation in China on suspicion of “endangering state security,” Beijing said Tuesday amid mounting concern over his disappearance. Li’s detention comes at a tense moment in cross-strait relations, and several Taiwan citizens have been detained in China on state security grounds in recent years. CNN has reached out to Taiwan’s Mainland Affairs Office to inquire about Li’s citizenship status. One of them, Lam Wing-kee, has said he was kidnapped by Chinese “special forces” after crossing the border into mainland China from Hong Kong. Hong Kong used to be a hub for publishing politically sensitive books that would be banned in mainland China.

☆ Instant View: China's economy slows sharply in Q4, 2022 growth one of the worst on record
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +10 min

As a result, the Chinese economic growth rate will be below the Chinese government's target of 5% plus." This could weigh on their potential economic growth in the mid-and long-term, and we really need to be paying attention to that." MARCO SUN, CHIEF FINANCIAL MARKET ANALYST, MUFG BANK (CHINA), SHANGHAI"China's Q4 and full-year 2022 GDP growth rates came in higher than expected. Economic growth will have to depend more on productivity growth, which is driven by government policies." IRIS PANG, GREATER CHINA ECONOMIST, ING, HONG KONG"The biggest surprise is the retail sales number, which is really a big beat...

☆ Mai mult de jumătate dintre chinezii adulți sunt obezi sau supraponderali
▼ + stars: | 2020-12-24 | by ( ) www.jurnal.md time to read: +2 min

Diferenţa este însă şi mai impresionantă atunci când datele sunt comparate cu cele din 2002: doar 29,9% dintre chinezii adulţi erau pe atunci supraponderali şi obezi - contra 50,7% în prezent. Tot mai mulţi tineri chinezi devin la rândul lor supraponderali, iar aproape 20% dintre tinerii cu vârste cuprinse în intervalul 6-17 ani sunt afectaţi de acest fenomen (contra 16% în 2012). Fenomenul poate fi deci considerat un sinonim pentru o viitoare presiune care va fi exercitată asupra sistemului naţional de sănătate. Consecinţă a acestui fenomen, noua greutate medie a chinezilor (69,6 kilograme) şi a chinezoaicelor (59 de kilograme) afişează creşteri cu 3,4 kilograme, respectiv cu 1,7 kilograme în raport cu anul 2012. Acest parametru a ajuns de acum la 169,7 centimetri (+2,6 centimetri în raport cu 2012) pentru bărbaţi şi la 158 de centimetri (+2,2 centimetri în raport cu 2012) pentru femei.

Persons: Diferenţa, Wang Dan Organizations: China Locations: Agerpres, Harbin, China, Statele Unite

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