DIRS.INFO The most relevant business & tech news

"Beijing will have to make its own decisions about how it proceeds, whether it provides military assistance - but if it goes down that road it will come at real costs to China," Sullivan told CNN's "State of the Union" program. The United States and its NATO allies in recent days have been scrambling to dissuade China from such a move, making public comments on their belief that China is considering providing lethal equipment to Russia. U.S. Secretary of State Antony Blinken on Friday said China has been providing nonlethal assistance to Russia through its companies. Putin has alluded to a Xi visit but the timing has not been confirmed by Russia or China. Russia and China signed a "no limits" partnership in February 2022 shortly before Russian forces invaded Ukraine.

"Beijing will have to make its own decisions about how it proceeds, whether it provides military assistance - but if it goes down that road it will come at real costs to China," Sullivan told CNN's "State of the Union" program. The United States and its NATO allies in recent days have been scrambling to dissuade China from such a move, making public comments on their belief that China is considering providing lethal equipment to Russia. U.S. Secretary of State Antony Blinken on Friday said China has been providing nonlethal assistance to Russia through its companies. The United States has been by far the largest supplier of military assistance to help Ukraine repel better-equipped Russian forces. Russia and China signed a "no limits" partnership in February 2022 shortly before Russian forces invaded Ukraine.

☆ Putin says Xi to visit Russia, ties reaching 'new frontiers'
▼ + stars: | 2023-02-22 | by ( Guy Faulconbridge | ) www.reuters.com time to read: +4 min

Summary Putin meets WangPutin says Xi to visit RussiaPutin: ties reaching new frontiersWang: Others cannot undermine our relationsWang: Sino-Russian ties not directed against othersMOSCOW, Feb 22 (Reuters) - President Vladimir Putin said on Wednesday that China's Xi Jinping would visit Russia, saying relations had reached "new frontiers" amid U.S. concerns that Beijing could provide material support to Russia's invasion of Ukraine. "We await a visit of the President of the People's Republic of China to Russia, we have agreed on this," Putin told Wang. "Together we support multi-polarity and democratisation in international relations," Wang told Putin. When Xi met Putin face to face just before Russia sent troops into Ukraine, they sealed a "no limits" partnership that triggered anxiety in the West. For Xi, Russia is now more dependent on China than ever.

☆ China, Iran call for Iran sanctions to be lifted; Xi to visit
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +3 min

[1/5] Iranian President Ebrahim Raisi stands next to Chinese President Xi Jinping during a welcoming ceremony in Beijing, China, February 14, 2023. Xi also accepted an invitation from Raisi to visit Iran and would do so at his convenience, the two leaders said in a joint statement on the last day of a three-day state visit to China by Raisi. In 2018, then U.S. President Donald Trump withdrew the United States from the deal and ordered the reimposition of U.S. sanctions on Iran. "All relevant sanctions should be fully lifted in a verifiable manner to promote the full and effective implementation," Xi and Raisi said. China and Iran emphasised that lifting sanctions and ensuring Iran economic benefits were important components of the agreement, they said.

☆ China's Xi calls for early resolution of Iran nuclear issue
▼ + stars: | 2023-02-14 | by ( ) www.reuters.com time to read: +3 min

[1/7] Iranian President Ebrahim Raisi shakes hands with Chinese President Xi Jinping during a welcoming ceremony in Beijing, China, February 14, 2023. Iran's President Website/WANA (West Asia News Agency)/Handout via REUTERSBEIJING, Feb 14 (Reuters) - China's President Xi Jinping on Tuesday called for the early and proper resolution of the Iran nuclear issue while expressing his support for the Islamic Republic in safeguarding its rights and interests, according to Chinese state media. China will continue to "participate constructively" in talks to resume negotiations on implementing the Iran nuclear agreement, Xi told Iran's President Ebrahim Raisi in talks in Beijing. In September, the United States imposed new sanctions on companies involved in Iran oil exports, including five based in China. Washington said it would continue enforcing sanctions on Iran's oil and petrochemical sales so long as Tehran continues to accelerate its nuclear program.

☆ Jobs of the Future: ChatGPT, AI Will Create Careers That Need Humans
▼ + stars: | 2023-02-12 | by ( Paris Marx | ) www.businessinsider.com time to read: +14 min

Automation technology has ushered in a fleet of secret workers behind screens, machines, and smiling robot faces. On the AI side, tools like ChatGPT have been used to write real articles and take college exams. Truck drivers are still in high demand, and self-driving technology is nowhere near replacing human jobs. The human behind the curtainAmid the fear-mongering about a robot takeover, people often miss the degree to which machines still require human workers in order to function. Maja Hitij/Getty ImagesThese technologies are often deployed to de-skill work — jobs are broken down into more specific tasks and can be done with less training.

☆ Chinese earthquake rescue team arrives in Turkey
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Feb 8 (Reuters) - An earthquake rescue team dispatched by China's government arrived in Turkey's Adana Airport early on Wednesday, state broadcaster CCTV reported on Wednesday. The team, comprised of 82 members, brought 20 tonnes of medical and other rescue supplies and equipment, as well as four search-and-rescue dogs, according to CCTV. China has already committed to give a first tranche of 40 million yuan ($5.9 million) in emergency aid to Turkey. The death toll of the devastating earthquake in southern Turkey and Syria jumped to more than 7,800 people on Tuesday. read more($1 = 6.7781 Chinese yuan renminbi)Reporting by Beijing newsroom; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. woman detained in Russia after walking calf on Red Square
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

Feb 1 (Reuters) - A U.S. woman was detained and fined by a Russian court on Wednesday for walking a calf on Moscow's Red Square that she said she had bought to save from slaughter, Russian state media reported. Alicia Day, 34, was fined 20,000 roubles ($285) for obstructing pedestrians in an unauthorised protest and sentenced to 13 days of "administrative arrest" on a separate charge of disobeying police orders. "I bought the calf so that it wouldn't be eaten," TASS news agency quoted her as saying. Video shared by state media showed Day explaining that she had got a driver to bring the calf to Red Square by car. ($1 = 70.15 roubles)Reporting by Caleb Davis Editing by Raissa KasolowskyOur Standards: The Thomson Reuters Trust Principles.

“The intentions, of course, were never to cross over to Venezuela, he was just accompanying her,” said Henry Martínez, Hernández’s brother. The men told Hernández that if they wanted to enter Venezuela, he had to pay $100. Hernández told them he was not trying to enter the country and did not have $100. The U.S. has not had a diplomatic presence in Caracas since 2019, so access to jailed Americans has been limited since then. “Sometimes I can hear his voice weak and just frustrated and anxious,” said Henry Martínez.

☆ The case for investing in China's reopening is strong. Here's how to proceed with caution
▼ + stars: | 2023-01-19 | by ( Patti Domm | In | ) www.cnbc.com time to read: +11 min

Strategists see China's markets easily scoring double-digit gains this year. The case for investing outside the U.S. is strong, particularly with the dollar coming off its highs and looking at further downside. "While China's reopening is undoubtedly a turning point, there remain reasons to be cautious," wrote Barclays equity strategists. But still the prospects for China's economy are much brighter than they were just several months ago. The Covid lockdown has been so damaging to the Chinese economy, they want to get back to a growth path in 2023."

☆ Protesting Tesla China buyers vow more pressure over price cuts they missed
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +4 min

[1/4] Tesla owners unhappy with the U.S. carmaker's price cuts discuss their situation at a Tesla delivery centre in Shanghai, China January 10, 2023. Similar protests by Tesla owners have sprung up in cities including Henan, Wuxi and Hangzhou in recent days, according to owners and social media posts. Tesla has faced online backlash over previous price cuts in China before but nothing as widespread as the current spontaneous protests. "We trusted the brand so much that we cancelled our orders for other brands for Tesla," said Yu, who stayed with a group of about 25 protesters at the Tesla Shanghai facility late into Tuesday evening. Analysts have said Tesla's price cuts were almost certain to boost China sales, which tumbled in December, and force other EV makers to cut prices too.

☆ China boosts coal output, eases Australia ban to bolster energy security
▼ + stars: | 2023-01-09 | by ( Muyu Xu | ) www.reuters.com time to read: +4 min

SINGAPORE, Jan 9 (Reuters) - The increasing need to secure energy supplies after easing COVID-19 restrictions has pushed China to gradually resume Australian coal imports and urge domestic miners to boost their already record output. "Many miners would welcome the opportunity to renew their commercial relationships in China for both metallurgical coal and thermal coal." read moreAmong them, China Energy Investment Corp has placed an order to import Australian coal which could load later this month. read moreMarket participants expect more firms to be granted permission to buy Australian coal in the coming months. HIGHER QUALITYChina purchased more than 30 million tonnes of coking coal and nearly 50 million tonnes of thermal coal from Australia before buying stopped.

[1/5] Passengers push their luggage through the international arrivals hall at Beijing Capital International Airport after China lifted the coronavirus disease (COVID-19) quarantine requirement for inbound travellers in Beijing, China January 8, 2023. China's management of COVID was technically downgraded to "Category B" on Sunday, although many curbs have been dropped for weeks. Officially, China has reported just 5,272 COVID-related deaths as of Jan.8, one of the lowest rates of death from the infection in the world. State broadcaster CCTV reported on Sunday that direct flights from South Korea to China were close to sold out. South Korea like many other countries now requires travellers from China, Macau and Hong Kong to provide negative COVID test results before departure.

☆ How Saudi Arabia's crown prince snubbed Biden repeatedly to forge ties with authoritarian China and Russia
▼ + stars: | 2023-01-01 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

In 2022, Saudi Arabia sought closer ties with Russia and China. Russia's President Vladimir Putin (R) and Saudi Arabia's Crown Prince Mohammed bin Salman attend the G20 Leaders' Summit in Buenos Aires, on November 30, 2018. Analysts say that US criticism of Saudi Arabia's human-rights record and its suppression of domestic dissent infuriate Riyadh. Crown Prince Mohammed has more affinity with the ideology of fellow strongmen Xi or Putin than with the US, said Alterman. "Saudi Arabia, China, and Russia all believe in the model of 'authoritarian stability'.

☆ Xi tells Putin that road to peace talks on Ukraine will not be smooth
▼ + stars: | 2022-12-30 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Dec 30 (Reuters) - China's President Xi Jinping told Russian counterpart Vladimir Putin on Friday that the road to peace talks on Ukraine would not be smooth and that China would continue to uphold its "objective and fair stance" on the issue. Xi said Beijing and Moscow should closely coordinate and cooperate in international affairs and emphasised Russia's willingness to engage in negotiations over Ukraine, Chinese state broadcaster CCTV said in its report on a call between the two men. Xi, however, made clear on Friday the ideological affinity between Beijing and Moscow when it came to opposing what both view as the hegemonic U.S.-led West. "Facts have repeatedly proved that containment and suppression are unpopular, and sanctions and interference are doomed to failure," Xi told Putin. Reporting by Eduardo Baptista; Editing by Alex Richardson and Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.

☆ Lawyers exit Hong Kong as they face campaign of intimidation
▼ + stars: | 2022-12-29 | by ( ) www.reuters.com time to read: +18 min

The event that precipitated his hasty departure, Vidler said, was the appearance of articles in the state-backed media in Hong Kong about him. “This was in my view state-sponsored intimidation and harassment,” said Vidler, whose wife and children later left Hong Kong. One Hong Kong solicitor who has relocated to England told Reuters that she knew of at least 80 Hong Kong lawyers who had moved to Britain since the security law was imposed in June 2020. Another lawyer, now living in Australia, estimated that several dozen Hong Kong lawyers had moved there. Mainland officials have long sought influence over these two influential bodies, according to senior Hong Kong lawyers.

DUBAI, Dec 8 (Reuters) - Saudi Arabia and China have signed memorandums of understanding on hydrogen energy and the encouragement of direct investment between the two states, state news agency (SPA) said on Thursday, during a state visit by Chinese President Xi Jinping to Riyadh. Xi and Saudi Crown Prince Mohammed bin Salman also signed an agreement for harmonization between the kingdom's 2030 vision and Beijing's belt and road initiative, SPA added. Reporting by Riham Alkousaa; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ China's Xi to visit Riyadh as Saudi Arabia seeks to expand international reach
▼ + stars: | 2022-12-07 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Chinese President Xi Jinping will be in Saudi Arabia on Wednesday to attend the first China-Arab States Summit and the China-Gulf Cooperation Council Summit in Riyadh, according to the Ministry of Foreign Affairs in China. The visit, which will span three days, followed an invitation from Saudi Arabia's King Salman, and will be attended by other Arab heads of state. Saudi Arabia was the largest oil importer for China in 2021, accounting for 17% of the Asian giant's oil imports. "The optics of a hospitable kingdom welcoming Xi and inviting host of US partners in the Middle East will prove important," Eurasia Group's analysts wrote in a note. "Saudi Arabia will adopt a similar model to US President Joe Biden's visit last July, presenting itself as the regional hub for heavyweight geopolitical meetings," they said.

☆ Xi Jinping: Saudi's MBS rolls out the red carpet for China's president, in a not too subtle message to Biden
▼ + stars: | 2022-12-07 | by ( Tamara Qiblawi | ) edition.cnn.com time to read: +9 min

Saudi leaders will infuse the trip with a dose of spectacle. The Saudi king – or his powerful Crown Prince, Mohammed bin Salman – may bestow the Chinese leader with some honors and medals. Saudi Crown Prince Mohammed bin Salman fist bumps US President Joe Biden upon his arrival at Al Salman Palace, in Jeddah, Saudi Arabia, on July 15. Today, the US consumes only a fraction of that Saudi oil, and China is Saudi Arabia’s biggest client and trading partner. Over the last year, Gulf Arab countries appear to have ramped up their independent-minded policy.

☆ His power secure at home, China’s Xi Jinping goes on a charm offensive abroad
▼ + stars: | 2022-12-06 | by ( Evelyn Cheng | Evelyn Cheng Is A News Associate With Cnbc. | ) www.nbcnews.com time to read: +5 min

BEIJING — Now that he has consolidated power at home, Chinese President Xi Jinping is stepping out onto the world stage to strengthen relations with the U.S. and other countries. Most recently, Xi hosted European Council President Charles Michel in Beijing on Thursday. In a speech at the party congress, Xi said the party has “safeguarded China’s dignity” in the face of international changes and warned of “dangerous storms” ahead. The following week, the countries’ military leaders met for the first time since Pelosi’s controversial Taiwan visit in August. Heads of Japan, South Korea, Australia, Indonesia and Italy met with both Xi and Biden in the last several weeks, based on government announcements.

☆ Jiang Zemin: China's Xi calls for unity at former president's memorial service
▼ + stars: | 2022-12-06 | by ( Nectar Gan | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —China’s Xi Jinping on Tuesday called on the country to unite around his leadership as he addressed a memorial service for former leader Jiang Zemin, following an unprecedented show of dissent over his zero-Covid policy and authoritarian rule. At the Great Hall of the People in Beijing, Xi led hundreds of China’s political and military elites to pay final tribute to Jiang, who died last Wednesday at the age of 96. Chinese leader Xi Jinping leads other officials to bow during a formal memorial for late former Chinese leader Jiang Zemin in Beijing on December 6, 2022. Coming to power in the aftermath of the 1989 Tiananmen crackdown, Jiang led China out of international isolation and guided its integration into the global market. On Tuesday, in his first public speech since the protests, Xi praised Jiang for ensuring the party’s survival from the “political storms” of his time.

☆ Inside China's fight over the future of zero-COVID
▼ + stars: | 2022-12-02 | by ( David Stanway | ) www.reuters.com time to read: +10 min

After nearly three years, a significant loosening of zero-COVID measures has been signalled by senior government officials and public health experts. Vice Premier Sun Chunlan said on Thursday that China's health system had "withstood the test" of COVID, allowing further adjustments to state policies. "You can have zero-COVID, but you can't have a healthy economy, and you can have a healthy economy, but you can't have zero-COVID." Laura Yasaitis, a public health expert at the Eurasia Group think-tank who follows China's zero-COVID policies, said fear of the virus likely varied widely across the country, as well as within cities or provinces. Officials have repeatedly said that China's health system would be unable to cope with a surge in cases, with medical resources unevenly distributed across the country.

☆ 'Don't yell that': fears compete with calls for 'freedom' at China protests
▼ + stars: | 2022-12-02 | by ( Martin Quin Pollard | ) www.reuters.com time to read: +5 min

"Don't get people too riled up ... we didn't say anybody should step down," one lead protester told the crowd through a megaphone. Many people in the Sunday night crowd in Beijing shouted: "Return freedom to the people, end the lockdowns." But that worried some in the crowd, according to a Reuters witness. 'BRIDGE MAN'Public criticism of Xi or the Communist Party is exceedingly rare. "The average Chinese person knows it's extremely dangerous to question the rule of the Communist Party or Xi Jinping by name in any public context," said Delury.

☆ China’s lockdown protests spread to campuses and cities abroad
▼ + stars: | 2022-11-29 | by ( ) www.nbcnews.com time to read: +5 min

HONG KONG — Protests against China’s strict zero-Covid policy and restrictions on freedoms have spread to at least a dozen cities around the world in a show of solidarity with rare displays of defiance in China over the weekend. Expatriate dissidents and students staged small-scale vigils and protests in cities around the world including London, Paris, Tokyo and Sydney, according to a Reuters tally. In most cases, dozens of people attended the protests, though a few drew more than 100, the tally showed. The protests on the mainland were set off by a fire in China’s Xinjiang region last week that killed 10 people who were trapped in their apartments. It has been common in recent years for overseas Chinese students to rally in support of their government against its critics, but anti-government protests have been rare.

[1/2] Chinese Yuan and U.S. dollar banknotes are seen behind illuminated stock graph in this illustration taken February 10, 2020. His contract manufacturing business with Russia has been small in the past, but now he's preparing to invest in warehousing there. He sees a win-win situation in Chinese exporters reducing their currency risks and payment becoming more convenient for Russian buyers. The U.S. Treasury declined to comment on the yuan's growing presence in Russia. ($1 = 7.2074 Chinese yuan renminbi)Editing by Vidya Ranganathan and Pravin CharOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "Xi An"

25 mentions found