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☆ A Navy SEAL unit that killed Osama bin Laden may be training Taiwanese forces to defeat a possible Chinese invasion, experts say
▼ + stars: | 2024-09-18 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +9 min

Read previewAn elite Navy SEAL unit may be preparing Taiwanese forces for reconnaissance operations and missions to repel a Chinese invasion, retired Navy officers said after a report said the unit had been training for such an eventuality for over a year. AdvertisementAccording to three retired Navy officers, the unit may be training Taiwanese soldiers to fight back against China should it invade Taiwan. One, he told BI, "is training Taiwanese forces in reconnaissance and perhaps direct attack, focusing on missions that might be required to defeat a Chinese invasion." "Naval reconnaissance forces would locate Chinese forces for long-range attacks," he said, adding: "They might also launch attacks against offshore ships or shipping in Chinese ports." Reports have already given clues as to how the US is preparing for a possible Chinese invasion of Taiwan.

Persons: —, Osama bin Laden, Mark Cancian, Bradley Martin, Sam Tangredi, Graeme Thompson, Joe Biden, Samuel Paparo, Martin, Cancian, Daniel Ceng, Phil Davidson, Davidson, Feng Hao, Paparo, Frank Kendall, Kendall Organizations: Service, Navy SEAL, Financial Times, Business, Navy, Marine, Center for Strategic, International Studies, US Navy, Getty, Eurasia Group, Wall Street Journal, Reuters, International Institute for Strategic Studies, Pacific Command, Washington Post, Congressional Research Service, Senate Armed Services Committee, Theater Command, PLA, China Military, Anadolu, American Enterprise Institute, Institute for, Japan's Nikkei, RAND Corp, US Air Force, Air & Space Forces Association Locations: Virginia, Taiwan, Afghanistan, Yemen, Syria, Somalia, Pakistan, China, People's Republic of China, Pingtung County, AFP, Washington ,, Australia, United States, Taichung, Anadolu, Pacific

☆ Here are 3 ways analysts say China could blockade Taiwan
▼ + stars: | 2024-08-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

Annabelle Chih/Getty ImagesA quarantine or, taking things a step further, blockade of Taiwan has long been discussed by Chinese military planners and various officials and experts as an option for China to achieve unification with Taiwan. The first, an all-out kinetic blockade, is the harshest option and is very closely aligned with Chinese military doctrine. AdvertisementIn this situation, China would potentially be relying primarily on the force presence provided by its navy and air force. A screen grab captured from a video shows the Taiwan army conduct military exercise following China's large-scale joint military drill around Taiwan. TAIWAN Military News Agency, Ministry of National Defense, R. O. C. / HANDOUTIt's unclear if Taiwan's military could stand against major Chinese military operations, especially if the US and its allies don't come to its aid.

Persons: —, Annabelle Chih, Lai Ching, Lai's, Feng Hao, GAO Organizations: Service, Center for Strategic, International, Business, CSIS, US Department of Defense, Taiwan, Theater Command, PLA, China Military, Anadolu, Getty, TAIWAN Military News Agency, Ministry of National Defense, Washington, People's Liberation Army Locations: Taiwan, China, Kaohsiung, Beijing, Taiwan Strait

Frame by Frame, Moments From the Summer GamesScroll to continuePhotographs and composite image by Jeremy WhiteAt the Summer Olympics, the critical moments that decide who wins or loses often flash by in the blink of an eye. Below, we revisit some of the most visually stunning scenes captured by New York Times journalists, frame by frame. Photographs and composite image by Weiyi CaiA Grand Stage The lavish Grand Palais played host to fencing when the Games began and has since transformed into the taekwondo venue. Photographs and composite image by Jeremy WhiteWomen’s 3-on-3 Basketball Sonja Greinacher of Germany celebrates with her teammates after their gold-medal win in 3-on-3 basketball. Photographs and composite image by Jeremy White

Persons: Jeremy White, Lian Junjie, Yang Hao, Weiyi Cai, LeBron James, Bedel, D’Amato, Simone Biles, Sunisa Lee, Little, Steve Guerdat, de, Lena Stojkovic, Merve Dincel, Joe Ward, Yoshizawa, Jeremy White Women’s, Sonja Greinacher, Greinacher Organizations: Summer, New York Times, Serbia, Tokyo Games, Eiffel, Palais, Games, Croatia, Germany, Spain Locations: China, United States, Brazil, Boulder, Slovenia, Italy, of Versailles, Los Angeles, Switzerland, Turkey, Germany

☆ Tom Daley ‘happiest I’ve been’ as novel approach with Noah Williams produces Olympic silver medal
▼ + stars: | 2024-07-29 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

Paris CNN —Days before taking part in the Paris Olympics, Tom Daley already felt like he had won a gold medal, such was his joy at having his kids at the competition with him. On Monday, the British diver got his hands on an actual medal, too, winning silver alongside partner Noah Williams in the men’s synchronized 10-meter platform. That marked the fourth medal of Daley’s long Olympic career, dating all the way back to the Beijing Games in 2008 when he competed as a fresh-faced 14-year-old. “It’s the happiest I’ve been in diving in all these years because diving wasn’t necessarily my top priority,” he told reporters. The silver medal adds to the gold and two bronzes that Daley already owns, but the 30-year-old has many titles besides Olympic medal winner.

Persons: Tom Daley, Noah Williams, “, ”, ” Daley, Williams, Lian Junjie, Yang Hao, Canada’s Rylan Wiens, Nathan Zsombor, Daley, He’s, Oli Scarff, Oscar, Dustin Lance Black, Robbie, Matty Lee, we’ve, Sebastien Bozon, Helen Glover Organizations: Paris CNN, Paris Olympics, British, Beijing Games, Paris, Aquatics, Olympic, Tokyo, Williams, UCLA, Getty Locations: Mexico, Ukraine, Paris, AFP, Los Angeles, Phoenix, Tokyo, LA, London

☆ ‘Twisters’ chose not to mention climate change. Here’s why
▼ + stars: | 2024-07-16 | by ( Thomas Page | ) edition.cnn.com time to read: +18 min

CNN —Like its titular tornados, “Twisters” blasts through a lot in its 122-minute runtime. Generally, scientists are the least certain about the connection between tornadoes and climate change as it’s unclear how warming temperatures are changing storms themselves or the outbreaks. Cathy, a local farmer, gripes that storms and floods are becoming more frequent, and the price of wheat more expensive, while stopping short of citing climate change. However, for a film populated by scientists and clued-in citizens to not mention climate change is a little like the twisters themselves: there’s a hole at the center. !”“Making a ‘Twisters’ movie in Tornado Alley during storm season, tornado season, it’s kind of perfect.

Persons: Glen Powell’s brawn, –, “, Lee Isaac Chung, “ We’ve, ”, Javi, Anthony Ramos, Kate, Daisy Edgar, Jones, ” Lee, Maura Tierney’s, Cathy, that’s, Lee, Glen Powell, Mark L, Smith, Joseph Kosinski, it’s, we’re, Kevin Costner, Yorgos, Matt Smith, Fabien Frankel, Anya Taylor, Joy, Max, George Miller, Chris Hemsworth, Samsik, Kang, ’, Nicola Coughlan, Luke Newton, Guy, Ryan Gosling, Emily Blunt, David Leitch, stuntmen, Jane Schoenbrun, Justice Smith, Brigette Lundy, Paine, Josh O'Connor, Idris Elba, Adam Pally, Hao Xuande, Sandra Oh, Chan, Henry Cavill, Alex Pettyfer, Guy Ritchie's, Guy Ritchie, Jerry Bruckheimer, Isabella Rossellini, Kristen Stewart, she's, Denis Villeneuve, Frank Herbert's, Jessica Chastain, Austin Butler, Ambika Mod, Leo Woodall, Molly Manning Walker, Bryan Cranston, Matthew Vaughn, Ava DuVernay, Aunjanue Ellis, Taylor, Paul Mescal, Andrew Scott, George Clooney, Pedro Alonso, Penelope Cruz, Laura Garello Ferrari, Adam Driver, Michael Mann, Emma Stone, Bella Baxter, Willem Dafoe, Mark Ruffalo, Ramy Youssef, Imelda Staunton, Dominic West, Ncuti Gatwa, Paul King, Hugh Grant's Oompa, Napoleon, Vanessa Kirby, Ridley Scott, Nicolas Cage, Emerald Fennell, Jacob Elordi, Priscilla, Sofia Coppola, Elvis Presley, Kitty Green, Justine Triet, Sandra Hüller, Palme, Ryu Seungryong, Oppenheimer, Christopher Nolan, Cillian Murphy, Robert Downey Jr, Margot Robbie, Ken, Greta Gerwig, Mattel, Tom Cruise, Christopher McQuarrie, Simon Pegg, Scarlett Johansson, Jason Schwartzman, Adrien Brody, Jeffrey Wright, Wes Anderson, Celine Song, Greta Lee, Halle Bailey, Javier Bardem, Kim Woo, Seung, Cho Ui, seok, Jan de Bont’s, ” Glen Powell, Melinda Sue Gordon, Ramos, Powell, everybody’s weirdly, ” Powell, Tyler Owens, “ I’m, anyone’s Organizations: CNN, ”, Universal Pictures, Warner Bros ., CNN CNN, Ungentlemanly, “ Locations: Midwest, Oklahoma, Arkansas, Korea, Modena, Palme d'Or, “

☆ A prominent think tank says China could take control of Taiwan without even launching an invasion — here's how
▼ + stars: | 2024-06-30 | by ( Cameron Manley | ) www.businessinsider.com time to read: +6 min

Read previewChina could take control of Taiwan without ever having to invade, a prominent think tank has said. China has already begun carrying out certain elements of such a campaign, launching increasing military exercises around the island. AdvertisementHowever, a "law enforcement-led gray zone operation" would complicate any third-party intervention, per the CSIS report. Tensions between China and Taiwan are increasing by the dayRelations between Taiwan and China remain on a knife edge. Chinese military exercises off Taiwan.

Persons: —, stoking, RHSKKjXtOu, pzmpXbWd0k —, Sidharth, Feng Hao, Joe Biden, Dong Jun, Xi Jinping, Gui, Tom Shugart Organizations: Service, Washington DC, for Strategic, International Studies, Business, pzmpXbWd0k — CSIS, China Coast Guard, Maritime, Administration, American Enterprise Institute, Institute for, Royal United Services Institute, CNN, PLA, China Military, Anadolu, Getty, Taiwan Relations, CSIS, Chinese Defense, US Navy, Center, New, New American Security Locations: China, Taiwan, Taiwan Strait, Singapore, Beijing, Gui Xinhua, New American

☆ AI-detection technology is needed to catch 'deepfakes' in election, says Pinscreen CEO Hao Li
▼ + stars: | 2024-06-17 | 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 EmailAI-detection technology is needed to catch 'deepfakes' in election, says Pinscreen CEO Hao LiFormer Sen. Heidi Heitkamp and Hao Li, Pinscreen founder and CEO, join CNBC's 'The Exchange' to discuss the risk of deepfakes in the upcoming presidential election, how to determine AI-generated imagery, and more.

Persons: Hao Li, Sen, Heidi Heitkamp, CNBC's

☆ Labor Day isn’t the holiday it once was for China’s workers
▼ + stars: | 2024-04-30 | by ( Chris Lau | Hassan Tayir | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —Like hundreds of millions of workers in China, Hao Zeyu, an algorithm engineer at an electric vehicle maker, is getting five days off this week for the Labor Day holiday. So, why has a decades-old policy caused so much upset in a country whose Communist Party leadership pays annual homage to International Workers’ Day? Trending topicIn recent weeks, complaints about this year’s Labor Day leave arrangements have exploded on Chinese social media. Tourists visit the Qiansimen Jialing River Bridge during the May Day holiday on May 1, 2023 in Chongqing, China. Labor Day isn’t the only holiday to get the adjusted rest policy.

Persons: Hao Zeyu, Hao, “, ” Hao, ”, Yao, Max Teng, it’s, Yaer Tuerdi, Pang Dong Lai, Yu Donglai, Yu, Teng Organizations: Hong Kong CNN, Labor, CNN, Communist Party, International Workers, Workers, Weibo, Tourists, China News Service, University of Wellington, “ Workers Locations: China, Hong Kong, Chongqing, United States, United Kingdom, Kentucky, Henan

☆ Scientists solved the 70-year-old mystery of an insect's invisibility coat that can manipulate light
▼ + stars: | 2024-04-15 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +5 min

"This is really the first study to understand how the brochosome's complex geometry interacts with light," Wong said. After almost a decade of research, they managed to 3D print the world's first synthetic brochosomes. Wong's future research will partly focus on making smaller synthetic brochosomes to target the shorter end of the electromagnetic spectrum. Yaorusheng/Getty ImagesAlthough Wong's synthetic brochosomes mark a major step towards invisibility-cloaking technology, scientists are still decades away from bringing anything to market. "Depending on our imagination, I think there are many cool applications that can come out of brochosomes," Wong said.

Persons: —, Tak Sing Wong, aren't, Lin Wang, Wong Brochosomes, Wong, Wong's, brochosomes, Hao Xin Organizations: Service, Pennsylvania State University, Penn State, Business, University of Arizona, European Union Locations: brochosomes

☆ Economist discusses the challenges that China's export sector is facing
▼ + stars: | 2024-04-12 | 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 EmailEconomist discusses the challenges that China's export sector is facingHao Hong, partner and chief economist at Grow Investment Group, discusses U.S. Treasury Secretary Janet Yellen's visit to China and says he "wouldn't be too surprised to see even more tariffs or more trade friction in the coming months."

Persons: Hao Hong, Janet Yellen's Organizations: Economist, Grow Investment, U.S, Treasury Locations: China

☆ An AI-generated rat with a giant penis highlights a growing crisis of fake science that's plaguing the publishing business
▼ + stars: | 2024-03-18 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Guo et al., 2024; Frontiers in Cell Developmental BiologyTo its credit, the journal quickly retracted the paper. Guo et al., 2024; Frontiers in Cell Developmental BiologyBut this rat's towering phallus is just one symptom of a crisis of fake science. Each step has holes in it that bad science could squeeze through, but the overlapping steps tend to cover each other's holes, making it difficult to squeeze all the way through the whole process. Still, bad science does make it through sometimes, and over the years more holes have opened up. The retracted paper's corresponding author, Dingjun Hao, did not respond to Business Insider's request for comment.

Persons: —, Guo, Guo et, you've, Ivan Oransky, Peter Finch, Vox, Fred Fenter, Fenter, Dingjun Hao, Oransky, they've Organizations: Service, Cell Development, Business, Cell, Springer, IEEE, Guardian Locations: Swiss

☆ The ‘drinking bird’ makes a comeback and could power your gadgets with clean energy
▼ + stars: | 2024-03-14 | by ( Billy Stockwell | ) edition.cnn.com time to read: +4 min

“I began to contemplate whether we could convert the evaporation energy into mechanical energy first, and then translate it into electricity,” Wu said. Until now, previous attempts to convert evaporation energy into electricity have suffered from a low-conversion efficiency. The authors claim that their drinking bird generator can yield much more power than previous experiments that used other methods were able to. The team’s next goal is to design its own drinking bird that can harness the power of evaporation more efficiently. If they’re successful, the retro drinking bird may be here to stay.

Persons: it’s, Hao Wu, “, ” Wu, Wu, they’re Organizations: CNN, South China University of Technology Locations: Hong Kong, China

☆ What makes TikTok a threat to the U.S.?
▼ + stars: | 2024-03-14 | 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 EmailWhat makes TikTok a threat to the U.S.? North Dakota Senator Heidi Heitkamp and Pinscreen CEO Hao Li join 'The Exchange' to discuss the recent push to ban TikTok in the U.S., the risks TikTok might pose for Americans, and more.

Persons: Heidi Heitkamp, Hao Li Locations: U.S, . North Dakota

☆ Remote possibility of a 'bazooka' stimulus from Beijing, economist says
▼ + stars: | 2024-03-04 | 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 EmailRemote possibility of a 'bazooka' stimulus from Beijing, economist saysHao Hong, partner and chief economist at Grow Investment Group, discusses expectations for China's gross domestic product target ahead of the government's annual meeting, saying "people are just sitting and watching and waiting for the 5% number."

Persons: Hao Hong Organizations: Grow Investment Locations: Beijing

☆ China Says No Banned Areas Around Taiwanese Islands After Two Killed
▼ + stars: | 2024-02-17 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +3 min

BEIJING (Reuters) - There are no off limits or restricted areas for fishing around a group of Taiwanese islands close to China's coast and Beijing reserves the right to take further measures after two Chinese nationals died near the islands, the government said. Taiwan, which China claims as its own territory, has complained in recent years about Chinese fishing boats and other vessels operating in Taiwan-controlled waters, especially around the Kinmen and Matsu islands which sit a short distance from China's coast. Late on Saturday, China's Taiwan Affairs Office, which has already condemned Taipei for the incident near Kinmen's Beiding islet, said the deaths had caused "strong indignation" in China. China's Taiwan Affairs Office said the government had goodwill towards Taiwan's people, but will never tolerate Taiwan's disregard for the safety of Chinese fishermen. "The mainland reserves the right to take further measures, and Taiwan shall bear all the consequences," it added, without elaborating.

Persons: Kinmen, Taipei Mayor Chiang Wan, Xu Hao, Ben Blanchard Organizations: China's Taiwan Affairs Office, Fishermen, Taiwan Affairs Office, Taiwan Affairs Office's, Beijing Locations: BEIJING, China's, Beijing, Taiwan, China, Taipei, Xiamen, Quanzhou, Shanghai, Taipei Mayor, Taiwan Affairs Office's Shanghai

☆ Pork has had a 'huge influence' on China's CPI, economist says
▼ + stars: | 2024-02-08 | 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 EmailPork has had a 'huge influence' on China's CPI, economist saysHao Hong, partner and chief economist at Grow Investment Group, discusses China's latest consumer price index numbers and says the "overall picture is not particularly rosy and so much work need to be done to rejuvenate the economy."

Persons: Hao Hong Organizations: CPI, Grow Investment

☆ China is stepping up to save its economy this year, but the data just doesn't seem to be getting much better
▼ + stars: | 2024-02-01 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

In January, authorities pulled about a dozen moves to stabilize a stock market rout and to support the property sector. But China's economic data isn't encouraging, and investor confidence is still low. Investors are cautiousThe moves gave some support to Chinese markets, but investors are still cautious. China's economic data hasn't been rosy either. Consumer appetite for property is still lowStill, overall consumer appetite for the property market appears to be in the dumps.

Persons: —, Hao Hong, Premier Li Qiang, Hong, Min Lan Tan, Tan Organizations: Service, Bloomberg, Grow Investment, Premier, Reuters, Investors, CSI, Securities Times, Estate Information Corp, Asia Pacific, UBS, Nikkei Locations: China, Beijing, Shanghai, Shenzhen, Guangzhou, Suzhou, Guangxi, Nikkei Asia

☆ Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home
▼ + stars: | 2024-01-30 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Read previewOn Monday, Chinese real-estate giant Evergrande was ordered by a Hong Kong court to liquidate after two years in a debt crisis. The court has appointed Alvarez and Marsal as liquidator to manage the company, Evergrande said in a filing to the Hong Kong Stock Exchange. So, protecting Evergrande's offshore investors probably isn't in Beijing's favor, because it could spur further speculation in the market, Møller added. Offshore creditors are owed $25 billion, the Hong Kong court document showed, per CNN. This is because liquidators appointed by Hong Kong's courts are unlikely to have much power over Evergrande's mainland assets, Hong added.

Persons: —, Evergrande, Alvarez, Marsal, Emil Møller, Møller, there's, Xi Jinping's, Fern Wang, Wang, Hao Hong, liquidators, Hong, Siu Shawn Organizations: Service, Business, Hong Kong Stock Exchange, Steno Research, Lombard, KT Capital Group, CNN, Grow Investment, China Evergrande Group, Reuters, Century Business Herald, Hengda Real Locations: Hong Kong, Beijing, China, Denmark, Beijing's, homebuyers, Swiss, People's Republic of China, Hengda

☆ Taiwan made its choice on who will lead it into an uncertain future as China remains hellbent on controlling it, and tough times may lie ahead
▼ + stars: | 2024-01-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +11 min

Read previewTaiwan has elected its new president, the Democratic Progressive Party's Lai Ching-te, who is also the current Vice President. While experts still assess that an invasion of Taiwan remains unlikely in the near future, that doesn't diminish concerns about other ways China could squeeze the island. AdvertisementTaiwan's Vice President and presidential candidate for the ruling Democratic Progressive Party (DPP) Lai Ching-te (C) casts his ballot to vote on January 13, 2024, in Tainan, Taiwan. Nevertheless, the win marks the first time a political party in Taiwan has won a presidential election three times in a row. The supporters of Democratic Progressive Party (DPP) cheer at an election campaign on January 12, 2024 in Tainan, Taiwan.

Persons: —, Party's Lai Ching, Lai's, Lai, Tsai Ing, Lai Ching, Tsai, Getty Images Lai, Hou, Ko Wen, Amanda Hsiao, Annabelle Chih, Nancy Pelosi, flack, Annice Lyn, He's, Hsiao, Hao, Hou Yu, Beijing's, Chuan Kang, Xi Jinping, It'll, Joe Biden's, Xi, Biden, it's, BRENDAN SMIALOWSKI Organizations: Service, Democratic, Taiwan, Business, Democratic Progressive Party, Getty Images, ih, Taiwan's People Party, Kuomintang, KMT, Getty, Washington, NBC, US, People's Liberation Army Locations: Taiwan, China, Beijing, Taipei, New Taipei City, AFP, Tainan, Taichung, Taipei , Washington, San Francisco

☆ China's property crisis requires multiple years of correction, economist says
▼ + stars: | 2024-01-04 | 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 EmailChina's property crisis requires multiple years of correction, economist saysHao Hong of Grow Investment Group says new growth spots must be found for the country's economy.

Persons: Hao Hong Organizations: Grow Investment

☆ China's property 'inventory overhang' could take more than 10 years to correct, economist says
▼ + stars: | 2024-01-04 | by ( Clement Tan | ) www.cnbc.com time to read: +3 min

The site of a real estate building under construction in Huai 'an city, Jiangsu province, China, December 26, 2023. "If you look at the inventory overhang situation — at this sales rate — it will take about two years to clear all the inventory that is outstanding in the market," Hong told CNBC Street Signs Asia on Thursday. At the same time, one has to find new growth spots for the economy to go forward, instead of just relying on just the property sector and property investment for economic growth," Hong said. One has to find new growth spots for the economy to go forward, instead of just relying on just the property sector and property investment for economic growth. "This time around, it seems to us that the property sector has peaked and the long cycle is coming down.

Persons: Huai, Hao Hong, Hong, China's Organizations: Getty, Investment, CNBC, Beijing, Economic Work Locations: Jiangsu province, China

The official purchasing managers' index (PMI) fell to 49.4 in November from 49.5 in October, staying below the 50-point level demarcating contraction from expansion, data from the National Bureau of Statistics showed on Thursday. The new orders sub index contracted for a second consecutive month, while the new export orders component extended its decline for a ninth month. "Today's PMI reading will further raise expectations towards policy support," said Zhou Hao, economist at Guotai Junan International. "Fiscal policy will be under the spotlight and take centre stage over the coming year and will be closely monitored by the market." Factory PMI has contracted for seven out of the past eight months - rising above the 50-point mark only in September.

Persons: Goldman Sachs, Zhou Hao, Joe Cash, Kim Coghill, Jacqueline Wong Organizations: cnsphoto, REUTERS, National Bureau, Statistics, Standard Chartered, PMI, Guotai, Thomson Locations: Zunyi, Guizhou province, China, BEIJING

☆ Economist discusses Chinese banks' exposure to the property market
▼ + stars: | 2023-11-30 | 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 EmailChina's property market: China's biggest lenders still have a lot of debt to resolve, says economistHao Hong, chief economist at Grow Investment Group, discusses China's economic outlook and Chinese banks' "very large exposure" to the property sector.

Persons: Hao Hong Organizations: Grow Investment

☆ DouYu Establishes Management Committee After CEO’s Arrest
▼ + stars: | 2023-11-28 | by ( Will Feuer | ) www.wsj.com time to read: 1 min

Wuhan-based DouYu said last week that Chen Shaojie, its chairman and chief executive, was arrested by police in Chengdu, the capital of Sichuan province. Photo: Imagine China/ReutersDouYu International Holdings said its board has established an interim management committee to oversee operations after the Chinese livestreaming company said last week its chief executive and chairman was arrested. The interim committee includes Chief Strategy Officer Mingming Su, a member of the board, and Hao Cao , a director and vice president at Douyu. Simin Ren, who was named vice president at Douyu last week, also is on the committee.

Persons: DouYu, Chen Shaojie, Mingming Su, Hao Cao, Simin Ren Organizations: Reuters DouYu International Holdings Locations: Wuhan, Chengdu, Sichuan province, China, Douyu

☆ DouYu International forms committee to manage ops after CEO's arrest
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

People walk past a booth of live-streaming platform Douyu at the ChinaJoy digital entertainment expo in Shanghai, China July 28, 2016. REUTERS/Stringer/File Photo Acquire Licensing RightsNov 27 (Reuters) - Live streaming platform operator DouYu International Holdings said on Monday it has formed an interim management committee to manage its operations, following the arrest of its chief executive. Last week, DouYu said its chief executive officer and chairman Chen Shaojie was arrested on Nov. 16 in the southwestern city of Chengdu. Backed by Chinese tech giant Tencent (0700.HK), DouYu is the leading video game streaming platform in China by number of users. DouYu also appointed Simin Ren as its vice president last week, it said.

Persons: Stringer, Mingming Su, Hao Cao, Simin Ren, DouYu, Chen Shaojie, Chen, Echha Jain, Krishna Chandra Organizations: REUTERS, DouYu, Holdings, HK, Thomson Locations: Shanghai, China, Chengdu, Bengaluru

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