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China operates talent programs at various levels of government, targeting a mix of overseas Chinese and foreign experts. China has previously said its overseas recruitment through the TTP aimed to build an innovation-driven economy and promote talent mobility, while respecting intellectual property rights, according to the state-run Xinhua news agency. It said that anyone who recommends a candidate who is then selected for the talent programs would receive "diamonds, bags, cars, and houses". In some cases, these people said, those experts will be offered roles at Chinese chip companies' overseas operations. ($1 = 7.1475 Chinese yuan renminbi)Reporting by Julie Zhu, Fanny Potkin, Eduardo Baptista and Michael Martina; editing by David CrawshawOur Standards: The Thomson Reuters Trust Principles.
Persons: Florence Lo, Xi Jinping, Qiming, Dean Boyd, Nick Marro, Chen Biaohua, Chen, Ma Yuanxiao, Dawei Di, Di, Zhuji, Julie Zhu, Fanny Potkin, Eduardo Baptista, Michael Martina, David Crawshaw Organizations: REUTERS, Washington, Reuters, China, Ministry of Industry, Information Technology, U.S . Commerce Department, Xinhua, Ministry of Science, Technology, U.S, government's National Counterintelligence and Security Center, Economist Intelligence, China Center for Information Industry Development, China Semiconductor Industry Association, Qiming, Massachusetts Institute of Technology, Harvard, Stanford, HK, LinkedIn, Hangzhou Juqi Technology, Fortune, Beijing Institute of Technology, BIT's School of Integrated Circuits, Electronics, Britain's University of Nottingham, University of Hong, BIT, Communist Party's Organization Department, Zhejiang University, Communist Party, Thomson Locations: China, HONG KONG, SINGAPORE, WASHINGTON, U.S, China's, Qiming, Beijing, Hangzhou, ResearchGate, University of Hong Kong, Ma, Zhejiang, Wenzhou, Cambridge
China operates talent programs at various levels of government, targeting a mix of overseas Chinese and foreign experts. China has previously said its overseas recruitment through the TTP aimed to build an innovation-driven economy and promote talent mobility, while respecting intellectual property rights, according to the state-run Xinhua news agency. It said that anyone who recommends a candidate who is then selected for the talent programs would receive "diamonds, bags, cars, and houses". In some cases, these people said, those experts will be offered roles at Chinese chip companies' overseas operations. ($1 = 7.1475 Chinese yuan renminbi)Reporting by Julie Zhu, Fanny Potkin, Eduardo Baptista and Michael Martina; editing by David CrawshawOur Standards: The Thomson Reuters Trust Principles.
Persons: Florence Lo, Xi Jinping, Qiming, Dean Boyd, Nick Marro, Chen Biaohua, Chen, Ma Yuanxiao, Dawei Di, Di, Zhuji, Julie Zhu, Fanny Potkin, Eduardo Baptista, Michael Martina, David Crawshaw Organizations: REUTERS, Washington, Reuters, China, Ministry of Industry, Information Technology, U.S . Commerce Department, Xinhua, Ministry of Science, Technology, U.S, government's National Counterintelligence and Security Center, Economist Intelligence, China Center for Information Industry Development, China Semiconductor Industry Association, Qiming, Massachusetts Institute of Technology, Harvard, Stanford, HK, LinkedIn, Hangzhou Juqi Technology, Fortune, Beijing Institute of Technology, BIT's School of Integrated Circuits, Electronics, Britain's University of Nottingham, University of Hong, BIT, Communist Party's Organization Department, Zhejiang University, Communist Party, Thomson Locations: China, HONG KONG, SINGAPORE, WASHINGTON, U.S, China's, Qiming, Beijing, Hangzhou, ResearchGate, University of Hong Kong, Ma, Zhejiang, Wenzhou, Cambridge
REUTERS/Aly Song/File Photo Acquire Licensing RightsHONG KONG/AMSTERDAM, Aug 24 (Reuters) - Global investors fleeing China have one simple message for the country's leadership: put prudence aside for a short while, and start spending big. "At this point there is confusion and, as long as there is confusion, then there's lack of credibility and that means investors are more likely to stay away," said Seema Shah, chief global strategist at Principal Global Investors in London. Prominent examples are heavy Chinese government spending during the 2008 Global Financial Crisis and its swift intervention during the 2015 market crash. But the subsidies need to come from local governments, many of which are cash-strapped or even drowning in debt and unable to pay their civil servants. The lack of concrete stimulus measures now is prompting many China watchers to downgrade their growth estimates for the next few years.
Persons: Aly, China's, Seema Shah, Chen Zhao, Zhao, hasn't, Frederik Ducrozet, Ducrozet, Principal's Shah, Yan Wang, Xi Jinping's, we’ve, Lorraine Tan, Dhara Ranasinghe, Davide Barbuscia, Yoruk, Xie Yu, Ankur Banerjee, Tom Westbrook, Li Gu, Vidya Ranganathan, Kim Coghill Organizations: REUTERS, Global, Global Investors, policymaking Politburo, Pictet Wealth Management, Local, UBS Bank, Federated Hermes, Foreigners, Asia, Morningstar, Thomson Locations: Huangpu, Shanghai, China, HONG KONG, AMSTERDAM, London, Beijing, Japan, United States, New York, Amsterdam, Hong Kong, Singapore
Canada to challenge extension of US softwood lumber duties
  + stars: | 2023-08-22 | by ( ) www.reuters.com   time to read: +2 min
Finished lumber is seen at West Fraser Pacific Inland Resources sawmill in Smithers, British Columbia, Canada February 4, 2020. REUTERS/Jesse Winter/File Photo Acquire Licensing RightsOTTAWA, Aug 22 (Reuters) - Canada will challenge what Ottawa described as an "unfair, unjust and illegal" extension of U.S. import duties on Canadian softwood lumber products, the trade ministry said on Tuesday. The softwood lumber tariffs are the legacy of a decades-long trade dispute over the structure of Canada's timber sector that could not be resolved when a quota agreement expired in 2015. "For years, the United States has imposed unfair, unjust and illegal duties on Canadian softwood lumber, hurting Canadian industry and increasing housing costs in both countries," Trade Minister Mary Ng said in the statement. "We are prepared to discuss another softwood lumber agreement when Canada is ready to address the underlying issues related to subsidization and fair competition so that Canadian lumber imports do not injure the U.S. industry," a USTR spokesperson said in an emailed statement.
Persons: Jesse Winter, Mary Ng, Ismail Shakil, Susan Heavey, Devika Syamnath, Andy Sullivan Organizations: West Fraser Pacific Inland Resources, REUTERS, Rights OTTAWA, Ottawa, U.S . Commerce Department, Canada, Washington, Trade, United, U.S . Trade, Thomson Locations: West, Smithers , British Columbia, Canada, U.S, Mexico, United States, Ottawa, Bengaluru
[1/3] Arun Haryani, an enthusiast with his body painted in tri-colours reacts as he holds up a model of LVM3 M4 which was used in launching of Chandrayaan-3 spacecraft on the eve of its moon landing, in Ahmedabad, India. REUTERS/Amit Dave Acquire Licensing RightsNEW DELHI, Aug 22 (Reuters) - Excitement rose in India on Tuesday on the eve of a much-anticipated moon landing, with prayers held for its success, schools marshalling students to watch a live telecast of the event and space enthusiasts organising parties to celebrate. India's second attempt to land on the moon after a failure in 2019 is being seen as a display of the tenacity of its scientific institutions. Authorities and educators also hope it will encourage scientific inquiry among millions of students in the world's most populous country. Students have sent scores of messages wishing ISRO luck for a successful landing, the agency said.
Persons: Arun Haryani, Amit Dave, Narendra Modi, Narottam Sahoo, Srikant, Nivedita, Saurabh Sharma, Nag Choudhury, Sumit Khanna, Sunil Kataria, Krishn Kaushik, YP Rajesh, Raju Gopalakrishnan Organizations: REUTERS, DELHI, Indian Space Research, ISRO, Reuters, Operations, YP, Thomson Locations: Ahmedabad, India, Russian, Uttar Pradesh, Gujarat, Kolkata, Mumbai, Varanasi, Bengaluru, Lucknow, New Delhi
China generated 121 billion kilowatt-hours (kWh) from hydro in July 2023, down from 146 billion kWh in the same month a year earlier, and the lowest since 2015. China also boosted generation from wind farms (+16 billion kWh) and solar farms (+5 billion kWh) compared with July 2022. But without the extra generation from thermal (+44 billion kWh) it could not have offset the drop in hydro (-25 billion kWh) while meeting growth in load (+40 billion kWh). SOUTH CHINA DROUGHTFour-fifths of China’s total hydro generation comes from provinces along the Yangtze River system and further south. Facing continued restrictions on hydro generation, coal-fired generation, coal production and coal imports will have to rise even further.
Persons: Doksuri, John Kemp, Bernadette Baum Organizations: REUTERS, National Bureau of Statistics, East, Thomson, Reuters Locations: Qiaojia, Yunnan province, Ningnan, Sichuan province, China, Hebei, Beijing, Chartbook, CHINA, Sichuan, Yunnan, Hubei, Guizhou, Guangxi, Hunan, Fujian, Guangdong, Chongqing, Yibin
"Today was the first day of school after summer vacations but I did not send them because of fear," said their mother, Kiran. But community members and advocates say the trauma and fear will be tough to heal and their safety is not assured. Many are afraid to return home but, still in shock, do not know where to rebuild their lives. A few streets away about 240 people live in the makeshift shelter in the school along with Kanwal's family. The fear that has got embedded in my heart and my children's minds is just not going away."
Persons: Samuel, Kanwal, cradling Samuel, Kiran, Haq Kakar, Naseem Anthony, Anthony, Akmal Bhatti, Charlotte Greenfield, Mubasher Bukhari, Clarence Fernandez Organizations: Pakistan's, Police, Thomson Locations: Kanwal, Jaranwala, Faisalabad, Pakistan, Punjab, Provincial
A Canadian restaurant spent nearly $12,000 on a donair-sandwich costume in an Alberta government auction. CBC reported that the costume was made for a traffic-safety video but was never worn. It was eventually won by 25-store Alberta chain PrimeTime Donair and Poutine, which made the winning bid of CA$16,025. Other donair stores, including the King of Donair, Blowers & Grafton, and Swiss Donair, also placed bids, auction records showed. The listing said the costume was made from various latexes, vulcanized rubbers, and synthetic materials, and had adjustable shoulder straps.
Persons: Adil Asim, Donair, Peter Gamalakos, Gamoulakos Organizations: CBC, Service, CTV News, Canadian, Food Network, Halifax Locations: Alberta, Wall, Silicon, Grafton, Swiss, Canadian, Edmonton
Factbox: China's incumbent and upcoming LNG traders
  + stars: | 2023-08-21 | by ( Chen Aizhu | ) www.reuters.com   time to read: +5 min
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. Below is a list of China's main gas traders and their operations globally, according to information from company sources and traders. In May, PCI became the first Chinese firm to gain long-term access to gas storage at a European gas terminal. CNOOC also plans to create a London desk in the coming year or two, following PCI and Unipec. Sumitomo Corp (8053.T), which has a desk to trade piped gas in London is considering expanding into LNG trading, said a company spokesperson.
Persons: Issei Kato, Keith Martin, Wang Bingsi, CNOOC, Norinco, ENN, Chen Aizhu, Yuka Obayashi, Florence Tan, Tom Hogue Organizations: REUTERS, Rights, PetroChina International, PCI, London, Gazprom, China National Offshore Oil Company, Gas Co, ENN, LNG, Beijing Gas, Zhejiang Energy, Zhejiang Energy Zhejiang Energy, Exxon Mobil, Mexico, China Gas Holding, China Gas, JOVO Energy, Privately, SOUTH, Mitsubishi Corp, Marubeni Corp, Tokyo Gas, Korea's SK E, Sumitomo Corp, Thomson Locations: Futtsu, Tokyo, Japan, London, Singapore, Beijing, Dubai, Houston, Sinopec, China, Jiangsu province, ENN, U.S, Hebei, Shenzhen, CNOOC, Zhejiang Energy Zhejiang, Zhejiang, Ningbo, Wenzhou, Zhejiang province, HK, Guangxi province, Yantai, Shandong province, Guangdong, Guangzhou, JAPAN, SOUTH KOREA, Asia
“The air quality in the Greater Jakarta Area has been very, very bad,” Widodo said. ASEAN is a regional bloc that brings together 10 Southeast Asian countries, many of which have long suffered high pollution levels in their major cities. Ministers in the Southeast Asian country confirmed this week that President Widodo had been battling a cough for weeks and suggested it could be related to worsening air pollution in Jakarta. Air pollution has long plagued the Greater Jakarta area, with factories, coal-fired power plants and traffic congestion all contributing to the smog, according to experts. Experts previously told CNN the health costs of Indonesia’s air pollution cannot be underestimated.
Persons: Joko, Widodo, ” Widodo, Heru Budi, Sigit Wijatmoko, ” Wijatmoko, , Wijatmoko, Sandiaga Uno Organizations: CNN, Jakarta Gov, CNN Indonesia, 43rd ASEAN Summit, Jakarta Convention Center, ASEAN, Ministers, Tourism, ” Tourism Locations: Jakarta, Swiss, Greater Jakarta Area, Greater Jakarta
[1/4] A boat passes under the Lions Gate bridge to enter Vancouver Harbour, shrouded in a haze of wildfire smoke, as seen from Cypress Mountain in North Vancouver, British Columbia, Canada, August 21, 2023. REUTERS/Chris Helgren Acquire Licensing RightsREVELSTOKE, British Columbia, Aug 21 (Reuters) - Millions of people in the western Canadian province of British Columbia were under air quality warnings on Monday as hundreds of wildfires filled the skies with smoke and turned the sun orange. In the cities of Kelowna and Kamloops, the air quality index (AQI) was above 350, a "hazardous" level, real-time air quality information platform IQAir showed. Wildfire smoke is a seasonal occurrence for much of heavily-forested British Columbia, but the number of wildfires and amount of land burned is trending higher as a result of climate change, increasing concerns about the impact on human health. "This type of extreme smoke event covering all of our province does not happen every year," said Jalena Bennett, smoke information specialist with BlueSky Canada, adding 2018 was the last time wildfire smoke was so widespread.
Persons: Chris Helgren, Jalena Bennett, Ash, Marie, Eve Hervieux, Bobby Sekhon, Nia Williams, Denny Thomas, Josie Kao Organizations: REUTERS, Rights, British Columbia, BlueSky, Environment, Thomson Locations: Lions, Vancouver, Cypress Mountain, North Vancouver, British Columbia, Canada, Rights REVELSTOKE, Canadian, British, Kelowna, Kamloops, Lahore, Pakistan, BlueSky Canada, Shuswap Lake, Environment Canada, Metro Vancouver, Revelstoke
SEOUL, Aug 20 (Reuters) - Suspected North Korean hackers have targeted a joint U.S.-South Korea military exercise being held this week though classified information has not been compromised, South Korean police said on Sunday. South Korean and U.S. forces will on Monday begin 11-day Ulchi Freedom Guardian summer exercises to improve their ability to respond to North Korea's evolving nuclear and missile threats. North Korea objects to such exercises saying they are preparations by the U.S. and its South Korean ally for an invasion of it. North Korea has previously denied any role in cyberattacks. At that time, South Korea accused North Korea of being behind that cyberattack.
Persons: Josh Smith, Robert Birsel Organizations: Guardian, U.S, South, Gyeonggi Nambu Provincial Police Agency, South Korean, Thomson Locations: SEOUL, U.S, Korea, North Korea, Korean, South Korea, Gyeonggi, cyberattacks
Pakistan's Foreign Minister Shah Mehmood Qureshi gestures as he speaks during an interview with Reuters at the Ministry of Foreign Affairs (MOFA) office in Islamabad, Pakistan June 25, 2020. REUTERS/Salahuddin/File photo Acquire Licensing RightsKARACHI, Pakistan, Aug 19 (Reuters) - Pakistani opposition leader Shah Mehmood Qureshi was detained on Saturday, his Pakistan Tehreek-e-Insaf party said, just hours after he said it would challenge any delay to the country's election in the courts. Party spokesman Zulfi Bukhari told Reuters the specific reason for the detention of Qureshi, twice Pakistan's foreign minister, was not immediately clear. The outgoing government approved a new census in its final days, meaning new electoral boundaries must be drawn up by the Election Commission. IMF BAILOUTThe election commission said on Thursday that new constituencies would be finalised by Dec. 14, state television reported.
Persons: Shah Mehmood Qureshi, Salahuddin, Zulfi Bukhari, Qureshi, Bukhari, Imran Khan, Khan, Haq Kakar, Ariba Shahid, Toby Chopra, Alison Williams Organizations: Pakistan's, Reuters, Ministry of Foreign Affairs, REUTERS, Rights, PTI, IMF, Supreme, Monetary Fund, Thomson Locations: Islamabad, Pakistan, Rights KARACHI, Karachi
Aug 18 (Reuters) - A massive wildfire in Canada's western province of British Columbia prompted more evacuation orders early on Friday, as firefighters race against advancing flames to move all residents from the remote northern city of Yellowknife to safety. The evacuation orders were issued after wildfires that were discovered on Tuesday jumped Lake Okanagan, sparking spot wildfires in Kelowna. The massive fire to the northwest of Yellowknife only advanced by around one kilometer on Thursday, officials said, held back by winds. It is now about 15 km away from the city and authorities expect the fires to reach the outskirts of Yellowknife by the weekend. Officials in British Columbia, which has suffered unusually intense blazes this year, warned residents to prepare for extreme fire conditions.
Persons: Nobody, Tebbia Teoncey, Jennifer Gauthier, Mike Westwick, Bowinn Ma, Dan Whitcomb, David Ljunggren, Ismail Shakil, Denny Thomas, Stephen Coates, Sharon Singleton Organizations: British Columbia, REUTERS, Yellowknife, City of, Emergency Management, Thomson Locations: British, Yellowknife, Kelowna, Vancouver, Kelowna ., Northwest Territories, Edmonton , Alberta, Canada, British Columbia, City, City of West Kelowna, Ottawa
Dalio says China is overdue in reducing its debt
  + stars: | 2023-08-17 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAug 17 (Reuters) - Legendary investor Ray Dalio, a big enthusiast and investor in China, said on Thursday the world's second largest economy is overdue in conducting a "big debt restructuring." Dalio said deleveraging is never an easy task, but in the case of China it can be more manageable because most of its debt is in domestic currency and is held by its citizens. Very popular among Chinese investors, Dalio is a self-proclaimed Sinophile with long connections with China. Last year, Bridgewater doubled its fund assets in China to more than 20 billion yuan ($2.74 billion), cementing its position as the biggest foreign hedge fund in the country. The hedge fund launched its first onshore China fund in 2018 and, since then, two other funds have been established.
Persons: Ray Dalio, Bridgewater's, Brendan McDermid, Zhu Rongji, Dalio, deleveraging, Carolina Mandl, Sandra Maler Organizations: REUTERS, Chinese, Bridgewater Associates, Bridgewater, Carolina, Thomson Locations: New York City, U.S, China, . Connecticut, New York
Xinhua/Shutterstock‘Absolutely safe’As heavy rains moved toward the region in late July, China’s top flood control officials met to hash out their response plan. The flood was caused by flood water discharge, not by heavy rainfall.”CNN has reached out to the Zhuozhou and Bazhou governments for comment. Rescuers use rubber boats to transfer Zhuozhou residents trapped by flood waters after days of downpours brought by Typhoon Doksuri on August 2. In the recent rains, at least three upstream reservoirs released flood waters into rivers flowing into Baiyingdian from the west and the south, according to state media. Many countries have systems that involve discharging pent up flood waters into otherwise dry land after major storms.
Persons: Xi Jinping, Xi’s, , It’s, Xiong’an, Jade Gao, Ni Yuefeng, downpours, Typhoon Doksuri, Zhai Jujia, Li Guoying, Hongzhang Xu, Xiao, Li Na, Zhu Xudong, it’s, Xiong’an –, Xu, Baiyangdian Lake, Kevin Frayer, , Meili Feng, Simon Song, Deng Xiaoping, Jiang Zemin, Xu Kuangdi, Yi Haifei, Andrew Stokols Organizations: CNN, Xinhua, Getty, Censors, China News Service, China’s, Water, Australian National University, Authorities, China’s Ministry of Water Resources, Hebei Provincial Department of Water Resources, Geographical Sciences, University of Nottingham, Shanghai’s Pudong New, Chinese Academy of Sciences, Urban Computing Center Locations: Beijing, China, Hebei, Xiong’an’s, Xiong'an, Zhuozhou, AFP, Bazhou, Xiong’an, Tianjin, , Xinhua, Baiyingdian, Baiyangdian, Mississippi, University of Nottingham Ningbo, , Hebei province, Shenzhen, Shanghai’s Pudong, Shanghai
The rioters were demanding that the two accused men, who had fled their homes, be handed over to them. The troops have cordoned off the Christian colony, blocking all entry and exit points with barbed wire, according to a Reuters TV cameraman. Hundreds of Christians took refuge in a nearby district, a community leader Akmal Bhatti told Reuters, adding that four pastors had returned to the churches, which were still smouldering. "It is the government's responsibility to compensate for the loss of property of the Christian community," he told reporters, adding the government was estimating the losses. The United States was "deeply concerned that churches and homes were targeted," State Department Deputy Spokesperson Vedant Patel said on Wednesday.
Persons: Christian, Akmal Bhatti, Bhatti, Mohsi Naqvi, Vedant Patel, Asif Shahzad, Raju Gopalakrishnan, Simon Cameron, Moore, Alexandra Hudson Organizations: Police, Reuters, Amnesty, State Department, Alexandra Hudson Our, Thomson Locations: LAHORE, Pakistan, Jaranwala, Faisalabad, United States, Islamabad
Yields on one-year real estate bonds rated AA- have widened 220 bps in the past month, data from Chinabond shows. That divergence reflects investors' expectations that Beijing will support LGFVs in order to minimise financial contagion, despite rising delinquencies among developers. Yields on LGFV bonds issued in August averaged around 3.9%, the lowest seen this year, according to data provider Dealing Matrix(DM). The chorus of economists calling for China to support LGFVs as part of measures to shore up the economy has grown. Chi Lo, Hong Kong-based senior economist at BNP Paribas Asset Management, said Beijing needs to refinance LGFV debt over the next three to five years to prevent the system from imploding.
Persons: Aly, Zhu Yangmo, LGFVs, Zhu, Chi Lo, Li Gu, Samuel Shen, Tom Westbrook, Vidya Ranganathan, Kim Coghill Organizations: REUTERS, Rights, China Central Depository, Asset Management, Garden Holdings, HK, China International Capital Corp, Tianjin Infrastructure Investment Group, AAA, China, Thomson Locations: Shanghai, China, Rights SHANGHAI, SINGAPORE, Hainan, Beijing, Tianjin, Hong Kong, imploding, Singapore
The rioters were demanding that the two accused, who had fled their homes, be handed over to them. The residents said thousands of Muslims led by local clerics were carrying iron rods, sticks, knives and daggers during the rioting. A provincial government statement said paramilitary troops were deployed to aid the police to control the situation. The troops have cordoned off the Christian colony, blocking all entry and exit points with barbed wire, according to a Reuters TV cameraman. The United States was "deeply concerned that churches and homes were targeted," State Department Deputy Spokesperson Vedant Patel said on Wednesday.
Persons: Vedant Patel, Asif Shahzad, Raju Gopalakrishnan Organizations: Police, Reuters, State Department, Thomson Locations: LAHORE, Pakistan, desecrating, Jaranwala, Faisalabad, United States
The two Christians were accused of blasphemy, he said, adding they and family members had fled their homes. Blasphemy is punishable by death in Pakistan and though no one has ever been executed for it, numerous accused people have been lynched by outraged crowds. A Christian leader, Akmal Bhatti, said the crowd had "torched" at least five churches and looted valuables from houses that had been abandoned by their owners. Several social media posts showed some churches, houses and belongings on fire as police stood by. The mob was made up of thousands of people led by local clerics, mainly from an Islamist political party called Tehreek-e-Labaik Pakistan (TLP), a government source said.
Persons: Naveed Ahmad, Shakil Masih, Usman Anwar, Anwar ul Haq Kakar, Akmal Bhatti, Asif Shahzad, Angus MacSwan, Nick Macfie Organizations: Reuters, REUTERS, REUTERS Acquire, Caretaker, Thomson Locations: LAHORE, Pakistan, Jaranwala, Faisalabad, Islamabad
The 0.2% fall month-on-month came after June's flat reading, according to Reuters calculations based on National Bureau of Statistics (NBS) data. The decline in home prices comes amid a worsening debt crisis at major developers, sliding property investment and home sales. Among 70 cities, 49 saw a fall in new home prices month-on-month in July from 38 cities the previous month. However, most economists expect the downside trend in home sales and prices to persist for while. "Without additional major policy easing and/or fiscal support, property sales and investment may weaken further or stay at the bottom for longer than assumed in our baseline," said Wang.
Persons: Jason Lee, Goldman Sachs, Wang Tao, Wang, Qiaoyi Li, Liangping Gao, Ryan Woo, Sam Holmes Organizations: REUTERS, National Bureau of Statistics, Goldman, Asia Economics, China, UBS Investment Bank, Thomson Locations: Wangjing, China, BEIJING, Zhengzhou, Xian, Fuzhou
Early in the scrum of the 2016 presidential campaign, the political strategist Rick Wilson bumped into an old boss and strongly advised him not to cast his lot with Donald J. Trump. No good would come of it. “Even if he wins, he’s going to destroy you,” Mr. Wilson remembered telling Rudolph W. Giuliani. “This guy’s going to humiliate you.”Mr. Wilson recalled being dismissed as a provincial Floridian unable to understand the bond between two New Yorkers — outer-borough strivers who walked the Manhattan streets with proprietary airs and were now within grasp of once-unimaginable power. “He’s going to take care of me,” Mr. Wilson said Mr. Giuliani would tell those around him.
Persons: Rick Wilson, Donald J, he’s, Mr, Wilson, Rudolph W, Giuliani, “ He’s, ” Mr Organizations: Trump, strivers Locations: Manhattan
CNN —At least 21 people are dead and six others missing after a flash flood and landslide following torrential rains in the outskirts of northwestern China’s Xi’an city, local authorities said Sunday. Parts of China have seen record high temperatures and deadly flooding in recent weeks, with experts linking extreme weather around the world to climate change. Flooding killed at least 29 people in Hebei province and 33 in the capital Beijing, according to local authorities. Another 14 people were reported dead in the city of Shulan in Jilin province, as the rains moved northward, inundating farmlands in the country’s grain-producing area. Seven people were taking shelter from heavy rains at the house when it collapsed, according to China National Radio.
Persons: Organizations: CNN, Emergency Management, Xinhua, Restaurants, Authorities, China National Radio Locations: China’s Xi’an, Xi’an, China, Weiziping, Hebei province, Beijing, Shulan, Jilin province, Hebei, Hunan province, Leyu, Hengnan county
"I am thinking of leaving my vote blank," said Micaela Panzera, a 22-year-old employee of a food company in Buenos Aires. We have seen warning signs of this in the provincial elections held up to now," said political analyst Carlos Fara. Pollsters see the combined Together for Change opposition candidates just ahead of the ruling Peronist bloc, with Milei pulling close to 20%. In the 2019 primary the polls were proved badly wrong. Reporting by Nicolás Misculin; Additional reporting by Candelaria Grimberg; Editing by Adam Jourdan and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Horacio Larreta, Sergio Massa, Micaela Panzera, Patricia Bullrich, Javier Milei, Goldman Sachs, Carlos Fara, Nicolás Misculin, Candelaria Grimberg, Adam Jourdan, Jonathan Oatis Organizations: Peronist, International Monetary Fund, Buenos Aires, Reuters Graphics Reuters, Change, Thomson Locations: BUENOS AIRES, Buenos Aires
“I’ve always treated football refereeing in my games as if I were coming in to referee a World Cup final,” she says. Claudia Vasconcelos refereeing during the 1991 third-place playoff. Ingrid Jonsson, a lineswoman in the 1991 World Cup final, was the first female official chosen to referee a final. By 1999, all the officials chosen for the World Cup in the USA were women. Claudia Vasconcelos refereeing Flamengo vs. Vasco in the 1994 junior Campeonato Carioca.
Persons: Claudia Vasconcelos, , Vasconcelos, wouldn’t, hesitancy, Linda Black, Zuo Xiudi, Tommy Cheng, Brazil’s Vasconcelos, , “ I’ve, Chen guo, ” Vasconcelos, , Ingrid Jonsson, Matthew Ashton, ’ ” Vasconcelos, João Havelange, Pelé, Sweden’s Ingrid Jonsson, Stéphanie, Bibiana, Sian Massey, Ellis, Vasco Organizations: CNN, FIFA, Guangdong, Women’s Football, M’s, CNN Sport, Argentina, Premier League, Flamengo, Campeonato Carioca, trailblazer Locations: Guangzhou, China, Sweden, Germany, AFP, New, Australia, Brazil, Rio de Janeiro, Argentina, Mexico, Guangdong, EMPICS, Brazilian, USA
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