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Hong Kong CNN —Lin Qi, a billionaire fan of “The Three-Body Problem,” had big plans to bring his favorite Chinese sci-fi novel to TV, cinema and video-game screens across the world. Xu was sentenced to death for murder by a court in Shanghai on March 22 - the day after the much-anticipated debut of “3 Body Problem” on Netflix. 3 Body Problem. Soon, he was sidelined, with key projects handed to another executive, Zhao Jilong, one of the executives who would later have his drinks poisoned by Xu, according to Caixin. When Netflix announced its adaptation project of “The Three-Body Problem” in September 2020, Lin and Zhao were listed as executive producers, with Xu’s name conspicuously missing.
Persons: Hong Kong CNN — Lin Qi, , Lin, Lin’s, Xu Yao, Xu, Caixin, John Bradley, Jack Rooney, Jess Hong, Jin Cheng, Mark Gatiss, Isaac Newton, Reece Shearsmith, Alan Turing, Jenson Cheng, Kublai Khan, Netflix Xu, China’s, Liu Cixin, Zhao Jilong, Zhao, Yoozoo, “ Xu Yao’s Organizations: Hong Kong CNN, , Netflix, Lin’s Yoozoo, Yoozoo Games, Phoenix News Locations: China, Hong Kong, Shanghai, pufferfish, Japan, France, United States
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThree people died on Sunday in China's Jiangxi province after being torn from their high-rise apartments by heavy winds, local media reported. A neighborhood chat group message published by Jimu News and other regional media identified three of the deceased as a 64-year-old woman, her 11-year-old grandson, and another 60-year-old woman. Reporters from both outlets published photos of the neighborhood that showed apartments with missing glass facades and only mangled frames remaining. AdvertisementThe affected high-rise neighborhood in Nanchang was completed in 2015, per property listings of the area.
Persons: , Wan, Liu, Xu, Li Mengping, Li Organizations: Service, Jimu, Business, CCTV, Red Star News, Nanchang Emergency Management Bureau, Weibo Locations: China's Jiangxi, Nanchang, Hubei, Beijing, Weibo, Chengdu, China
In August 2022, Singaporean Liu Kuei Liang forged his mom's signature on sales agreements, court documents seen by Business Insider show. He pleaded guilty to forgery in a Singaporean court, and on March 22 was given a 12-week prison sentence. But on August 16 that year, Liu's mother alerted the police, and he was charged with forgery. In court, Liu's defense attorneys said his mom had offered him the use of her cars "as and when required." AdvertisementThey also pointed to the fact that as the case moved forward, Liu's mom forgave her son, the case summary says.
Persons: Royce, Liu Kuei Liang, , Liu, Autoart, Brenda Chua, Liu's, Chau Organizations: Service, Business, Royce Locations: Autoart Singapore, Taiwan
There are plenty of good questions to ask during a job interview to get to know your potential new employer. "The most important question to ask before you accept a job is: What is your culture of learning?" These offerings are pretty typical but don't address the actual culture of learning, Raman says. Instead, listen for evidence of the following six components of a culture of learning, according to LinkedIn expert Britt Andreatta: Learning opportunities aren't just limited to scheduled courses. Junior workers may especially benefit from asking how managers promote a culture of learning, Raman says.
Persons: Aneesh Raman, Raman, they'll, Britt Andreatta, , Young Organizations: LinkedIn, Junior
Finland is the happiest country in the world for the seventh year running, according to the latest World Happiness Report. 'Serious business matters are taken care of; otherwise, we'll be like Mary's chickens on the loose.' Funny imagery aside, Makitalo says this phrase is meant to highlight the flat hierarchies common in Finnish work cultures. There's a mindset of: Let's not worry, let's not dwell on it, it will be taken care of when starting moving forward. Miika Makitalo CEO of HappyOrNot
Persons: Miika Makitalo, Makitalo, , let's, Miika, HappyOrNot Locations: Finland, U.S, HappyOrNot
Keys to becoming CEO: Communication and curiosityOver the next few years, Homara worked her way up from being the office manager. Homara is part of the board of directors for the Silicon Valley chapter of the National Association of Women in Construction, and she's communications chair for Women Construction Owners and Executives. Women have made strides in the construction field since 2016, when they comprised 12.5% of the industry. For example, Homara says one of the biggest misconceptions is what construction is "dirty, dusty and heavy" work, but not all construction jobs are labor intensive. In 2020, roles like construction laborers, carpenters and electricians made up 3 in 5 construction jobs.
Persons: Misha Homara, Sean, Keys, Homara, I've, Tricore Organizations: CNBC, San Francisco State University, National Association of Women, Tricore, Washington D.C, Washington Post, Labor Locations: U.S, Bay, Washington, Arizona, Florida
Fourteen months after the murders, the garage of the abandoned marijuana farm on prairie tableland northwest of Oklahoma City sits frozen and dark. Broadway Avenue in Kingfisher, Oklahoma, about 30 miles south of where Wu Chen, 47, executed four people at a marijuana farm. When Oklahoma legalized medical marijuana, the only real requirement was that Oklahoma residents had to be involved in marijuana growing and selling. But Oklahoma required 75% of any marijuana business to be owned by an Oklahoma resident. Deputies from the Kingfisher County Sheriff's Office were the first to arrive at the scene of a quadruple homicide at an abandoned marijuana farm.
Persons: Wu Chen, Mike Simons, Kevin Stitt, Sean Hannity's, Dan Newhouse, Liu, Chen, Yi Fei Lin, Mark Woodward, , OBN, Adria Berry, BI Adria Berry, I'm, Barb Miuccio, Jeremy Grable, Jeremy, Barb, she's, Barbara Miuccio, Treez, Matt Stacy, Stacy, Stitt, Jeremy they'd, he'd, OMMA, didn't, Barb didn't, Barbara, Stacy —, she'd, Stacy hadn't, BI Jonathan Riedlinger, Riedlinger, Lin, Qirong Lin, Hechun Chen, Qiang Chen, Fang Lee —, Wenbo Lin, Wu Chen —, Wenbo Lin didn't, Reidlinger, Jed Green, Matthew Alan Stacy, Barb —, — he's, He'd, Woodward, Helen Carillo, He's, Kevin Pham, Pham, BI Pham, ProPublica, recriminations, Green, It's, they're, I'd, Ken Thompson, Thompson, Chen didn't, He'll, Jonathan Riedlinger, Kiki, I've Organizations: Oklahoma City, Broadway, BI, Marijuana, Oklahoma, Oklahoma Medical Marijuana Authority, Republican, Sean Hannity's Fox, Fox News, Chen Inc, Narcotics, BI Adria, Oklahoma's Army National Guard, OBN, Business, Oklahoma State Bureau of, Sheriff's, Prosecutors, CSI Accounting Services, Whitney Economics, NBC, Cannabis, Virginia Slim, Florida . Police Locations: Oklahoma, Kingfisher County , Oklahoma, Ames , Oklahoma, Kingfisher , Oklahoma, Pennsylvania, California, Arkansas, Republican Washington, China, Kingfisher County, Dallas, Moore , Oklahoma, Oklahoma City, Afghanistan, Iraq, Ukraine, He's, Moore, Kingfisher, Hennessey , Oklahoma, OMMA, Mexico, Edmond, Tulsa, Russia, Bulgaria, Armenia, Steakhouse, Virginia, Florida, Miami Beach, Miami
AdvertisementNetflix's "3 Body Problem" is an adaptation of Liu Cixin's wide-ranging "Remembrance of Earth's Past" trilogy of novels. Speaking of Yun Tianming, he got turned into Will DowningWill Downing signs on to the Stairfacer Project in "3 Body Problem." Saul is based on a character named Luo JiSaul is chosen as a Wallfacer in "3 Body Problem." The VR headsets are way simpler in the seriesJack Rooney wears a virtual reality headset in "3 Body Problem." NetflixIn "3 Body Problem," Ye Wenjie's daughter Vera Ye dies by suicide in the first episode.
Persons: Liu Cixin's, , David Benioff, Weiss, Alexander Woo, Auggie Salazar, Ed Miller, Wang Miao, Da Shi, Salazar, Eiza González, it's Wang Miao, Wang Miao's, Jin Cheng, Jess Hong, Jin, Copernicus, Wang, she's, Netflix Wang Miao, Cheng Xin, She's, Yun Tianming, Will Downing Will Downing, Will Downing, Oxford alums, He's, Jack Rooney's, Saul, Luo Ji Saul, Netflix Saul, he's, Saul isn't, Luo Ji, they're, Ye, ETO Jonathan Pryce, Mike Evans, Tatiana, Marlo Kelly, Sophon, Evans, Shimooka, Alicia Vikander, Evan Rachel Wood, Jack Rooney, we'd, Ye Wenjie, Vera Ye, Yang Dong, Yang Weining Organizations: Service, Netflix, intel, Stairfacer, Oxford, United Nations, UN, ETO, Trisolaris Organization, Red Coast Locations: China, England, San, Red
But according to one LinkedIn expert, one particular soft skill may be as coveted as an Ivy League education. Given the fast-changing world of business, hiring managers "want to look for growth mindset," says Aneesh Raman, a vice president and workforce expert at LinkedIn. "This is the new degree, the way that you've been looking for a Harvard degree." A growth mindset, coined by psychologist Carol Dweck, is the idea that you can continue to improve your abilities, talents and knowledge over time by learning through new experiences. With a growth mindset, you will see those blind spots as things that are within your control to improve."
Persons: Aneesh Raman, Carol Dweck, Raman, Shekhinah Bass, Goldman Sachs, You've Organizations: Ivy League, LinkedIn, CNBC
The United States and China are locked in a new race, in space and on Earth, over a fundamental resource: time itself. And the United States is losing. Global positioning satellites serve as clocks in the sky, and their signals have become fundamental to the global economy — as essential for telecommunications, 911 services and financial exchanges as they are for drivers and lost pedestrians. But those services are increasingly vulnerable as space is rapidly militarized and satellite signals are attacked on Earth. Yet, unlike China, the United States does not have a Plan B for civilians should those signals get knocked out in space or on land.
Organizations: Global Locations: States, China, United States
When Elon Musk unveiled the first Chinese-made Teslas in Shanghai in 2020, he went off script and started dancing. Mr. Musk had reason to celebrate. Mr. Musk would build one in Shanghai that would become a flagship, accounting for over half of Tesla’s global deliveries and the bulk of its profits. Mr. Musk initially seemed to have the upper hand in the relationship, securing concessions from China that were rarely offered to foreign businesspeople. Tesla’s China pivot has also tethered Mr. Musk to Beijing in a way that is drawing scrutiny from U.S. policymakers.
Persons: Elon Musk, Musk, Tesla Locations: Shanghai, China, Beijing
Nationwide, women outearn men in just 42 U.S. cities out of an analysis of some 1,800 cities, according to a new GoBankingRates report using Census Bureau data. : Women earn a median $69,983 a year Oakland, Calif.: Women earn a median $68,260 a year Goleta, Calif.: Women earn a median $65,030 a year Laurel, Md. : Women earn a median $65,008 a year Monrovia, Calif.: Women earn a median $62,016 a year Hackensack, N.J.: Women earn a median $60,237 a year Newark, Del. : Women earn a median $58,769 a year Chamblee, Ga.: Women earn a median $58,590 a yearIn each of these cities, women outearn men by a share of .14% to 18.95% of what men earn. However, men outearn women in each of these cities by a rate of 60% to 70%.
Persons: Bowie, Andrew Murray, Murray, San Organizations: Washington D.C, CNBC, Research, Department of Defense, Calif Locations: U.S, Md, Clinton, Fort Washington, Oakland, Calif, Goleta, Laurel, Monrovia, Hackensack, N.J, Newark, Del, Washington, Jacksonville, N.C, Los Altos, Saratoga, McLean, Va, San Carlos, Wellesley, Mass
"3 Body Problem" is a show about aliens — but before that, it's about a woman during the Cultural Revolution. AdvertisementNetflix's "3 Body Problem" is preoccupied with the far-flung reaches of the universe — but its moments of deep, historical specificity are where it thrives the most. BI spoke with the director about the pressure to authentically render Chinese history and virtual reality alike on screen. Ye Wenjie's father is beaten to death during a struggle session during the Cultural Revolution in "3 Body Problem." Derek Tsang on the "3 Body Problem" set with Jess Hong and camera operator Sean Savage.
Persons: Derek Tsang, Ye, Tsang, , Liu Cixin's, David Benioff, Weiss, Alexander Woo, Oscar, Yu Guming, Tseng, Maria Heras, Zine Tseng, Ye Wenjie, Dave, Dan, Alex, you've, she's, It's, Ed Miller, it's, David, they're, Jess Hong, Sean Savage, Jonathan Freeman, Jonathan, Jin Cheng, We've Organizations: Service, Hong, Cultural, Netflix Locations: Hong Kong, Ye Wenjie's, Ye, London, David, China, American
"3 Body Problem" is helmed by Alexander Woo and "Game of Thrones" showrunners David Benioff and D.B. The show features a number of "Game of Thrones" alums like John Bradley and Liam Cunningham. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf you're a "Game of Thrones" fan, you certainly clocked a few notable alums in the creators' next series, "3 Body Problem."
Persons: Alexander Woo, David Benioff, Weiss, John Bradley, Liam Cunningham, Benioff, Conleth Hill, Varys, , Liu Cixin's Organizations: Service, Business
Read preview"3 Body Problem" isn't as prone to killing people (or showing them nude) as "Game of Thrones" — but that doesn't mean it doesn't get its punches in. AdvertisementWhat happens in episode 5 of '3 Body Problem?' Advertisement'The most violent, horrific thing'The Judgment Day sequence, which is drawn from Liu's original book, is a masterclass in suspense. This kid definitely dies in "3 Body Problem," but luckily, we don't have to see it. NetflixFor an alien race that has previously operated in the shadows, the act matches the stark violence of the Judgment Day shutdown.
Persons: , David Benioff, Weiss, Alexander Woo, Liu Cixin's, Minkie Spiro, Wade, Liam Cunningham, Clarence Shi, Benedict Wong, Raj Varma, Mike Evans, Jonathan Pryce, Auggie, isn't, Woo, Evans, Spiro, Pedro Pascal Organizations: Service, Business, intel, Netflix Locations: Panama, puzzlement
Read previewIf you're looking for nudity on par with HBO's "Game of Thrones" in the new Netflix series "3 Body Problem," you're not going to find it. That's certainly not bad — "3 Body Problem," at the moment, isn't a show that would be particularly well-served by nudity for the sake of it. Soldiers pass rolled up body after body down a line, tossing them into a body of water. "And working with the VFX team, and really knowing, 'Okay, when is the VFX team going to step in and recreate that, and when is it the responsibility of the prosthetics team to build the dried-up skin?'" "3 Body Problem" is now streaming on Netflix.
Persons: , HBO's, Liu Cixin's, David Benioff, Weiss, Alexander Woo, That's, We've, it's, Derek Tsang, you've, Tsang, Jin Cheng, Jess Hong, Let's, she's, dehydrate, dehydrates, rehydrating Organizations: Service, Netflix, Business
Here's everything that we know about a potential season two of "3 Body Problem." But Woo said at the SXSW Film & TV Festival in March that they had already begun working on a second season. What would '3 Body Problem' season 2 be about? Here's where we'll really get into some spoiler territory, both for the ending of season one of "3 Body Problem" and book spoilers that might also be potential season two spoilers. "3 Body Problem" is now streaming on Netflix.
Persons: , Liu Cixin's, Ye Wenjie, David Benioff, Weiss, Alexander Woo, they're, Benedict Wong, Ed Miller, Woo, we've, Liam Cunningham, showrunners, Benioff, Nothing's, haven't, Jess Hong, Jin Cheng, Jovan Adepo, Saul Durand, Eiza, Auggie Salazar, Wade, Clarence Shi, Marlo Kelly, Tatiana, Saamer Usmani, Raj Varma, Alex Sharp, Will Downing, we'll, Saul, Luo Ji, who's, Luo, Yu, Tseng, Maria Heras Organizations: Service, Netflix, Business, SXSW, TV Festival, Collider, United Nations Locations: China, United Kingdom
Menendez announced Thursday that he would not run for reelection in the Democratic primary but again left open the possibility of an independent bid this summer. New Jersey Rep. Andy Kim greets supporters outside the Bergen County Democratic convention in Paramus on March 4, 2024. “Corrupt systems like the ‘county line’ in New Jersey (is) an enemy because that dissuades folks from actually getting involved. Kim speaks to delegates during the Bergen County Democratic convention in Paramus, New Jersey, on March 4, 2024. In Camden County, where the local boss keeps a tighter grip, video of another Senate candidate, progressive Patricia Campos-Medina, being blocked from entering the county Democratic convention went viral.
Persons: Andy Kim, Donald Trump, Joe Biden, Tammy Murphy, Kim, Murphy, Sen, Bob Menendez, Menendez, Phil Murphy, Seth Wenig, Olivia Liu, , Trump, , Julia Sass Rubin, Rubin, ” Rubin, Sue Altman, ” Altman, Goldman Sachs, Cori Bush, Ezra Levin, Levin, ” Levin, isn’t MAGA, don’t, we’ll, Altman, Zahid Quraishi’s, ” “ I’m, ” Kim, , Kim’s, Alexandra Altman, Katey Sabo, Matt Platkin, Platkin, Governor Murphy, ” Murphy, Mahen Gunaratna, Patricia Campos, Rachel Hodes, ” Hodes, Steven Fulop, ” Fulop, “ I’ve Organizations: Jersey City , New Jersey CNN, Democratic, Garden State, Democrats, Capitol, New, . New, . New Jersey Rep, Bergen County Democratic, Tammany Hall of, New Jersey Democratic, , Asbury Park Press, USA, Though New, Though New Jersey Democrats, Congressional, Democratic National Committee, Justice Democrats, Democratic Party, Families Alliance, CNN, , Hoboken Democrats –, Hudson County Democratic Organization, Hoboken Democratic, Hoboken Democrats, Jersey City, Senate, New Jersey Republicans Locations: Jersey City , New Jersey, Trenton, South Jersey, New Jersey, Garden, ., . New Jersey, Bergen County, Paramus, Siberia, Long Branch , New Jersey, Rutgers, enmesh, Though, Though New Jersey, Alexandria, Cortez, New York, Missouri, Paramus , New Jersey, Jersey, Kim’s, Morris, Atlantic, Camden County, Medina, Hoboken
NEW YORK (AP) — James Madison announced itself by beating a Big Ten team to start this season. Terrence Edwards Jr. scored 14 points and James Madison pulled off the first 12-5 upset of March Madness by beating Wisconsin 72-61 on Friday night. “Told the team, I’m proud of them, but not surprised,” James Madison coach Mark Byington said. James Madison opened the season with victory at Michigan State in November that moved the Dukes in the AP Top 25 for the first time in school history. “And we knew we belonged.”Only defending national champion and top-seeded UConn has won as many games this season as James Madison.
Persons: — James Madison, Dukes, , ” Xavier Brown, Terrence Edwards Jr, James Madison, ” James Madison, Mark Byington, LIU, Max Klesmit, FanDuel, ” Byington, Klesmit, Noah Freidel, JMU, ” Friedel, ” Edwards, Greg Gard, Chucky Hepburn, ” Gard, Bickerstaff, Julien Wooden, ” Bickerstaff Organizations: Big, NCAA, Wisconsin, Badgers, Barclays Center, Atlantic Union Bank Center, Michigan State, Dukes, , UConn, Duke Locations: South Region, Brooklyn, Harrisonburg , Virginia, Atlanta, New York, ” Wisconsin, unfazed
AdvertisementThe three-body problem is unsolvable and chaoticSome of the show's action takes place in a virtual world that's orbited by three suns. "This is a centuries-old problem," Shane Ross, an aerospace and ocean engineering professor at Virginia Tech, told Business Insider. Alpha Centauri is the closest star system to EarthThe three-body system in the story is based on a real neighboring star system called Alpha Centauri. At about 4 light-years from Earth, it's the closest star system to our own and contains three stars: Alpha Centauri A, Alpha Centauri B, and Proxima Centauri, which has two planets orbiting around it. A view of the bright triple-star system Alpha Centauri.
Persons: , Liu Cixin, Shane Ross, Isaac Newton, Ross, Georgios Kollidas, Alpha Centauri, Franck Marchis, Davide De Martin, they're, Marchis, Ye Wenjie, Enrico Fermi, Benedict Wong, Jerry Ehman, Sir William Hamilton, William of Ockham, Aristotle, Ptolemy, Maximilien Brice, John Finney, It's Organizations: Service, Netflix, Oxford University, Business, Virginia Tech, Alpha, Alpha Centauri, Proxima, SETI Institute, ESO, Columbia University, USA, Keystone, Getty, Ohio State University, Extraterrestrial Intelligence, SETI, American AstroPhysical, CERN Locations: Ohio, China, North America
Director Derek Tsang told BI that he brought in a Chinese writer to help with the Mandarin dialogue. Related stories"I think a lot of the Chinese dialogue, they relied a lot on me and my writer," Tsang told BI. AdvertisementTsang told BI that the dialogue was based on the book, which had been translated from Chinese to English. Much of the show's Mandarin dialogue occurs in sequences set in China in the early episodes, with Zine Tseng, who plays young Ye Wenjie, working primarily in the language. Tsang told BI that he thought showrunners Benioff, Weiss, and Woo had succeeded in carrying over the "essential" elements from Liu's novel while also incorporating a more international focus and cast.
Persons: Derek Tsang, , Liu, showrunners David Benioff, Weiss, Alexander Woo, Ye, Tsang, David, Dan, Zine Tseng, Ye Wenjie, showrunners Benioff, Woo, it's Organizations: Service, Netflix Locations: China, United Kingdom, Hong Kong, he's
All that changed three years ago, when a global chip shortage and rising geopolitical tension turbocharged growth at TSMC. TSMC set up the Newcomer Training Center inside a sprawling science park in the city of Taichung in central Taiwan in 2021. “After many years, what we want to do is to gradually reduce assignees [and] increase the local hires.”The Newcomer Training Center opened in 2021. The soaring demand, particularly for chips that power AI, has created a shortage of talent for the semiconductor industry. Countries compete for this talent.”TSMC’s Ho said a shortage of talent is one of the main challenges the company faces.
Persons: Taiwan CNN —, , TSMC, Joe Biden, , Marcus Chen, ” Lora Ho, John Mees, Stewart Randall, ” TSMC’s Ho, Ho, Kristy Hsu, , it’s, ” Ho, “ It’s, — CNN’s Juliana Liu Organizations: Taiwan CNN, Moore’s, Apple, Nvidia, AMD, CNN, , Training, Taiwan Semiconductor Manufacturing, IC, Taiwan ASEAN Studies Center, Economic Research Locations: Taichung, Taiwan, TSMC, Arizona, fabs, United States, Japan, Germany, China, Washington, Kumamoto, Phoenix , Arizona, Dresden, Europe
STR | AFP | Getty ImagesIn the race against Tesla for the global electric car market, Chinese automaker BYD is pushing hard overseas despite rising barriers to the U.S. market. Given policy uncertainty around Chinese EV exports to major markets like the U.S. and Europe, BYD is seeking to bolster overseas sales by moving production to regions perceived as more friendly. The U.S. has tried to support adoption of electric cars domestically, but sales penetration is well below that of China. EY predicts the electric car market in the region will grow exponentially to at least $80 billion a year in sales in the next decade. The rapid growth of BYD and other Chinese electric car companies has other automakers worried.
Persons: Tesla, BYD, Xiao Feng, Biden, it's, EY, Alvin Liu, Liu, BYD's, Sime Darby, Stella Li, Reuters BYD, Bill Russo, CNBC's, Li Organizations: AFP, Getty, Toyota, Counterpoint Research, Tesla, Sime, Americas, Reuters, Alliance for American Manufacturing, U.S Locations: Taicang Port, Suzhou, China's, Jiangsu, U.S, Shenzhen, Europe, Thailand, Brazil, Indonesia, Hungary, Uzbekistan, China, Marklines, Southeast Asia, Singapore, Philippines, Malaysia, Mexico, Americas, North America, United States, Canada, Washington
The other day, a friend of mine liked one of my LinkedIn posts. AdvertisementWhy LinkedIn feels so cringeAs much as LinkedIn is a professional platform, something about it feels really personal. There's a reason social-media accounts like Best of LinkedIn, which pokes fun at over-the-top LinkedIn posts, exist. Given the weakness of the official advice, I decided to ask a bunch of people for tips on how to post in a non-cringe way on LinkedIn. I also asked a pair of social-media managers — one at Business Insider and one at a different company — for their thoughts on LinkedIn posting.
Persons: Nathan Allebach, It's, Sunny Xun Liu, thinkfluencers, it's, Brendan Gahan, there's, John Hickey, they're, Brandon Smithwick, Natalie Marshall, Natalie, Marshall, Allebach, Emily Stewart Organizations: LinkedIn, Stanford Social Media, Authority, Business Locations: There's
Retail sales rose 5.5%, better than the 5.2% increase forecast in a Reuters poll, while industrial production climbed 7%, compared with estimates of 5% growth. Investment into real estate fell by 9% in the first two months of the year from a year ago. National Bureau of Statistics Spokesperson Liu Aihua said that real estate remains in a period of "adjustment," according to a CNBC translation of his statement in Mandarin. New loans in February missed expectations and fell from the prior month, "even after adjusting for seasonality," Goldman Sachs analysts said in a report Friday. Chinese authorities did not reveal significant new support for the massive real estate sector during an annual parliamentary meeting that ended last week.
Persons: Liu Aihua, Liu, Ting Lu, Goldman Sachs, Pan Gongsheng, Goldman Organizations: Pudong New, Investment, National Bureau of, CNBC, China, People's Bank of China, Reuters Locations: Dongyu, Qiantan, Pudong, Pudong New Area, Shanghai, China, BEIJING, Real, Beijing
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