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Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Kissinger was deeply respected in China and continued to meet with its leaders as an unofficial diplomat in efforts to promote warmer relations between the two countries. Just months before Kissinger died in November 2023, he met with Chinese President Xi Jinping in Beijing in July 2023. They may not reach the same impact as Kissinger, given the more complex period, he said, though they could help stabilize relations. Cook and Schwarzman also regularly visit leaders in China, where they are often highlighted by Beijing as examples of positive China-U.S. business and trade relations.

Persons: Elon Musk, Donald Trump, Anna Moneymaker, Elon, Kissinger, Scott Kennedy, Henry Kissinger, Xi Jinping, Tesla, Li Qiang, Wang Yiwei, Wang, Musk's, Musk, Joe Biden, Biden, Trump, Wang Huiyao, Tim Cook, Blackstone, Stephen Schwarzman, Cook, Schwarzman, Dewardric Organizations: Getty, White, Economics, Center for Strategic, International Studies, U.S, SpaceX, Renmin University, CNBC, Trump, Center for, Longview Global Locations: Butler , Pennsylvania, Beijing, China, Washington, imploding, U.S, Center for China, Dewardric McNeal

☆ China's Alibaba releases AI search tool for small businesses in Europe and the Americas
▼ + stars: | 2024-11-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024. BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies. Initial tests showed businesses' purchase intent using the new tool increased by 40% versus traditional search engines, according to Kuo Zhang, president of Alibaba.com and vice president of Alibaba International. The initial version is web-based and supports English, German, French, Portuguese and Spanish, according to the company. At the end of the search, the tool lists a number of procurement options for the business to discuss directly with each supplier.

Persons: Kuo Zhang, Alibaba.com, Harry Potter Organizations: Alibaba, Fair, Alibaba International, CNBC Locations: Guangdong, China, BEIJING, Europe, Americas

☆ China's state-owned tobacco behemoth is booming, defying global trends and anti-smoking efforts
▼ + stars: | 2024-11-12 | by ( Dylan Butts | ) www.cnbc.com time to read: +4 min

These trends — fueled by China Tobacco — come against the backdrop of a long-term decline in cigarette sales globally. While Beijing has made commitments to curb smoking prevalence, it hasn't appeared to have materially impacted tobacco sales. In the case of China Tobacco, industry and government policy directly overlap. "China Tobacco has been exploiting this insider status and wielding its influence within the government to effectively block the adoption of tobacco control policies," he added. China Tobacco and its Hong Kong-based subsidiary China Tobacco International (HK) did not respond to an inquiry from CNBC.

Persons: Euromonitor, hasn't, Philip Morris, Gan Quan, Quan, STMA, Judith Mackay Organizations: Getty, China National Tobacco Corporation, China Tobacco, Retail, World Health Organization, State Tobacco Monopoly Administration, Philip Morris International, World, Tobacco Control, CNBC, Vital, Tobacco, Bath University, Asian Consultancy, China Tobacco International, HK, Global Locations: Shanghai, China, Euromonitor, Beijing, Hong Kong

☆ Opinion | A Worldwide ‘Jew Hunt’
▼ + stars: | 2024-11-12 | by ( Bret Stephens | ) www.nytimes.com time to read: +2 min

Notice what these attackers aren’t saying. They aren’t denouncing Israeli policy or speaking up for Palestinian rights. They aren’t trying to make careful distinctions between Jews and Israelis. A great deal of attention has also been paid to some Israeli fans who pulled down a Palestinian flag, vandalized a taxi and, in Hebrew, chanted ugly anti-Arab phrases. As Leon Wieseltier pointed out years ago, this type of reasoning is not an explanation for antisemitism.

Persons: Maya Angelou, ”, Dick Schoof, Leon Wieseltier Organizations: Dutch Locations: Amsterdam, Germany, Gaza, United States

☆ South Korean president takes up golf again to prepare for Trump’s second term
▼ + stars: | 2024-11-12 | by ( Jessie Yeung | Yoonjung Seo | ) edition.cnn.com time to read: +4 min

Seoul, South Korea CNN —As countries around the globe prepare for a second Trump presidency, one world leader is teeing up a carefully calibrated diplomatic strategy. In South Korea, President Yoon Suk Yeol “recently began practicing golf again for the first time in eight years, in preparation for ‘golf diplomacy’ with President-elect Trump,” the presidential office told CNN on Tuesday. South Korean President Yoon Suk Yeol delivers a speech in Seongnam, South Korea, on October 1, 2024. Another potential headache for Yoon once Trump is in office is the future of the 28,500 US troops in South Korea. The troops serve as both a means to deter any potential attack from North Korea and to counter China’s aggression.

Persons: Yoon Suk, “, Trump, Yoon, Donald Trump, scrutinizing, Japan’s, Shinzo Abe, Kim Hong, Moon Jae, Kim Jong, ”, –, Kim Organizations: South Korea CNN, Trump, CNN, Reuters, South, North Locations: Seoul, South Korea, Trump, Florida , New Jersey, Virginia, Manhattan, Florida, Japan, Seongnam, Korea, North Korea, Russia, Pyongyang, Moscow, Ukraine

☆ A brief history of America's love affair with fluoridated water — and why it's now up for debate
▼ + stars: | 2024-11-12 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +13 min

Nearly 63% of the US population has fluoridated water flowing through their taps, according to the Centers for Disease Control and Prevention (CDC). Hawaii is the only US state without any fluoride in municipal taps; fluoridated water is only available there on military bases. As such, fluoridated water is now mandated on any military base with more than 3,300 people. Rumors have circulated that drinking fluoridated water can lead to bone cancer (osteosarcoma), but long-term studies from both the UK and US haven't found any credible evidence of higher rates in areas where people drink fluoridated water. Their review concluded that some studies of fluoride consumption have found links between higher fluoride water levels and lower IQs in kids.

Persons: Trump, he'll, —, Robert F, Kennedy Jr, Donald Trump's, Biden, Kennedy, He's, Mark Ralston, Leonard Ortiz, Nina Simone, Michael Ochs, Matthias Balk, Anthony Kim, Frank Albert Charles Burke, Obama, Ashley Malin, Malin, Oliva Organizations: RFK Jr, Service, Centers for Disease Control, Prevention, Getty, MediaNews, Orange, NBC, Environmental Protection Agency, Michael Ochs Archives, US Public Health Service, Waimanalo Health Clinic, Honolulu Civil, Calgary, US Department of Defense, Fairfax Media, National Toxicology, University of Florida, Denver, EPA Locations: New York, California, Colorado, Zhijin county, China, AFP, Midwest, Colorado Springs , Colorado, Oakley , Idaho, Arkansas, Grand Rapids , Michigan, , New Mexico, Hawaii, Honolulu, Canada, Alberta, Australia, United States, India, Iran, Pakistan, Mexico, Grand Rapids

☆ SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
▼ + stars: | 2024-11-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

SoftBank reported a $7.7 billion quarterly profit on Tuesday after a loss last year. SoftBank Vision Fund's CFO told BI that "macro tailwinds" helped its public portfolio. AdvertisementGains for its Vision Fund 1, a $98.6 billion investment vehicle launched in 2016 with backing from Abu Dhabi and Saudi Arabia's sovereign wealth funds, totaled $3 billion in the second quarter. Despite the investment gain, Vision Fund 2 has lost an overall total of $21 billion since its inception. The results come as SoftBank gears up for a huge investment spree in AI to realize Son's ambitious vision.

Persons: SoftBank, —, Masayoshi, Didi Chuxing, Navneet Govil, Ola, Govil, PayPay Organizations: Service, Funds, Vision, IPOs, Nvidia Locations: Abu Dhabi, Saudi, China, OpenAI, Mexico, India, ByteDance

☆ Goldman Sachs' Jared Cohen on powering the AI revolution: The U.S. won't be able to lead on its own
▼ + stars: | 2024-11-12 | 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 EmailGoldman Sachs' Jared Cohen on powering the AI revolution: The U.S. won't be able to lead on its ownJared Cohen, Goldman Sachs president of global affairs, co-head of the Goldman Sachs Global Institute, former Google Jigsaw CEO and 'Speaking of America' author, joins 'Squawk Box' to discuss the AI revolution, the need for AI 'diplomacy' around data centers, AI competition against China, and more.

Persons: Goldman Sachs, Jared Cohen, Goldman Organizations: Goldman Sachs Global Institute, Google, China

☆ Tariff regime and decoupling efforts from China will broaden under Trump: Stephens' Mary Kissel
▼ + stars: | 2024-11-12 | 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 EmailTariff regime and decoupling efforts from China will broaden under Trump: Stephens' Mary KisselMary Kissel, Stephens executive vice president and senior policy advisor, joins 'Money Movers' to discuss what to expect from Trump's foreign policy stance, if alliance building with China will be more difficult if the relationship with Europe worsens, and much more.

Persons: Stephens, Mary Kissel Mary Kissel Organizations: Trump Locations: China, Europe

HONG KONG — They rode for soup dumplings — and a sense of youthful liberation in pressured times. But the band of university students who cycled through the night would ultimately be met by a red light from authorities, after their viral quest grew so popular that it snarled traffic in central China and overwhelmed the ancient capital, Kaifeng. By the weekend, tens of thousands of students had joined this self-proclaimed "night riding army," seeking not just breakfast, but also a way to travel and socialize without spending much money. They rented shared bikes and cycled in groups through the night from Zhengzhou to Kaifeng. Waves of riders propelled by the slogan "youth is priceless" joined this 40-mile journey along a major road beside the Yellow River.

Organizations: NBC News Locations: HONG KONG, China, Kaifeng, Zhengzhou, China’s northcentral Henan

SEOUL, South Korea — As foreign governments prepare to deal with a second Trump administration, at least one key U.S. ally is hoping to make headway on the fairway. Last month, the U.S. and South Korea agreed on a new five-year cost-sharing plan for the U.S. troops. Maintaining a strong security alliance with the U.S. is especially important for South Korea given the growing hostility from nuclear-armed North Korea. That in turn could lead South Korea and even Japan to consider whether they need nuclear weapons of their own. Stella Kim reported from Seoul, South Korea, and Jennifer Jett reported from Hong Kong.

Persons: Trump, Yoon Suk, “, Donald Trump, Yoon, ”, Shinzo Abe, David Boling, Chung Sung, Abe, Abe “, Boling, ” Yoon —, ” Jeremy Chan, “ I’ve, Yoon doesn’t, he’s, ” Chan, Lydia Ko, Ko, Shigeru Ishiba, ” Boling, Chan, Choi Sang, mok, Joe Biden, Brendan Smialowski, Kim Jong, Stella Kim, Jennifer Jett Organizations: NBC, South, Eurasia Group, Trump, House, Paris Olympics, Japanese, U.S, South Korean Finance, Seoul, Getty Locations: SEOUL, South Korea, U.S, Florida , New Jersey, Virginia, North Korea, Japan, New York, Seoul, United States, East Asia, China, Northeast Asia, New Zealand, Scotland, Korea, Chiba, AFP, Hong Kong

TOKYO — Lawmakers in Japan voted Monday to retain the embattled Shigeru Ishiba as prime minister despite his long-governing party’s dismal showing in parliamentary elections last month. Ishiba, a straight-talking former defense minister, received 221 votes compared with 160 for Yoshihiko Noda, leader of the opposition Constitutional Democratic Party. Many Japanese officials assume Trump is going to be “more straightforwardly anti-China,” and that Japan will be “somehow miraculously left off the hook,” he said. Though Japan has already pledged to double defense spending to 2% of gross domestic product by 2027, “that’s probably not going to be enough to satisfy Trump,” Boling said. While Abe was “extraordinarily skillful” in dealing with Trump, Ishiba has a different personality, Boling said.

Persons: Shigeru Ishiba, Ishiba, Donald Trump, Yoshihiko Noda, ” Ishiba, Yuichi Yamazaki, Trump, Koichi Nakano, Shinzo Abe, ” Nakano, David Boling, “ that’s, ” Boling, Joe Biden, Kamala Harris, Takahiro Mori, Abe, Boling, “, I’m, Jeff Kingston, ” Kingston, Arata Yamamoto, Jennifer Jett, Peter Guo Organizations: Lawmakers, Liberal Democratic Party, Constitutional Democratic Party, Getty, Trump, Japan Relations, NBC News, U.S, Eurasia Group, Nippon, Pittsburgh, . Steel, Democratic, Nippon Steel, United Steelworkers, ”, Japan Locations: TOKYO, Japan, Washington, Tokyo, China, Russia, North Korea, U.S, York, Japanese, Pittsburgh, ” Japan, United States, Temple, Hong Kong

☆ Indonesia’s new leader calls for collaboration with China before heading to the U.S.
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

Subianto wrapped up the first stop of his first overseas trip since taking office three weeks ago. He is headed next to Washington — where the U.S. government is confronting China’s rise — and then to Peru and Brazil for the Asia-Pacific Economic Cooperation and Group of 20 summits. They agreed to hold a first-ever joint meeting of their foreign and defense ministers in 2025, a joint statement said. China also helped build Indonesia’s first high-speed railway, an 88-mile route between Jakarta and Bandung that opened last year. But a flood of low-priced Chinese products has hit Indonesia’s garment makers hard, closing factories and prompting calls for import tariffs.

Persons: Prabowo Subianto, ”, Subianto, Washington —, Xi Jinping, ” Subianto, “ Organizations: BEIJING, Economic Cooperation, Group Locations: China, Washington, Peru, Brazil, Asia, “ Indonesia, Indonesia, South China, Beijing, Indonesian, Jakarta, Bandung

☆ Stimulus for Chinese consumer key to spur growth, says economist
▼ + stars: | 2024-11-11 | 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 EmailStimulus for Chinese consumer key to spur growth, says economistPaul Cavey from East Asia Econ says China needs to target "new growth", instead of focusing stimulus on the real estate, as economic growth shifts further from the traditional property market.

Persons: Paul Cavey Organizations: East Asia Econ Locations: East Asia, China

☆ Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
▼ + stars: | 2024-11-11 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

President Donald Trump meets business leaders at the Great Hall of the People in Beijing, China, in November, 2017. Donald Trump's victory in U.S. elections has raised the specter of higher tariffs on China — but it may not be the only Asian country that faces this predicament, according to Goldman Sachs. Meanwhile, Vietnam's trade surplus with the U.S between January and September stands at $90 billion. U.S. data shows that the U.S. trade deficit with China narrowed to $279.11 billion in 2023, from $346.83 billion in 2016. Regardless of tariffs, Goldman still expects continued pressure for the relocation of certain supply chains from China to Southeast Asia, India or Mexico in particular.

Persons: Donald Trump, Donald Trump's, Goldman Sachs, Trump, Andrew Tilton, Tilton, Mr Trump, Trump's, Brian Tan, Mari Pangestu, Pangestu, Goldman Organizations: of, People, Pacific, Trump, U.S, United, Emerging Asia, Barclays Bank, FT Commodities Locations: Beijing, China, U.S, Asia, Korea, Taiwan, Vietnam, South, United States, India, Japan, Singapore, Thailand, Malaysia, Mexico, Indonesia, Trump, Southeast Asia

☆ Taiwan wants to buy F-35 fighter jets and Patriot missiles to show Trump it's serious: report
▼ + stars: | 2024-11-11 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +5 min

The package could include 60 F-35 fighter jets and 400 Patriot missiles, the FT reported. According to the Financial Times, the package could include 60 F-35 fighter jets, four Advanced Hawkeyes, 10 retired warships, and 400 Patriot missiles. "Taiwan is thinking about a package to show that they are serious," one former Trump administration official told the Financial Times. Blandin added that it's highly unlikely the US would send troops to defend Taiwan in the event of a Chinese attack. AdvertisementIn 2022, Biden vowed to defend Taiwan in case of a Chinese attack.

Persons: Donald Trump, —, Trump, Benjamin Blandin, Blandin, Sari Arho Havrén, Biden, Karoline Leavitt Organizations: Patriot, Service, Financial Times, Hawkeyes, Lockheed, Aegis, Business, Reuters, Institute for Economics, Peace, Bloomberg, Yokosuka Council, Pacific Studies, Trump, Taiwan, Royal United Services Institute, Air Missile Systems, White, British Locations: Taiwan, China, United States, Yokosuka, Asia, Singapore, Philippines, London, Taipei

☆ Dollar braces for U.S. inflation data and several Fed speakers
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: +3 min

The dollar started in a cautious mood on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing's latest underwhelming stimulus package. The dollar started in a cautious mood on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing's latest underwhelming stimulus package. Reports on retail sales and industrial output due Friday should show whether Beijing's various attempts at stimulus are having any real effect on demand. The dollar stood at 7.1970 yuan , having jumped 0.7% on Friday, and looks set to again test the 7.2000 barrier. The dollar index was a fraction firmer at 105.00, after gaining 0.6% last week mainly against the euro.

Persons: Olaf Scholz, Donald Trump's, Michael Feroli, Jerome Powell, cryptocurrencies Organizations: Federal Reserve, New, U.S, Fed Locations: China, New Zealand

☆ Chinese markets experiencing 'buy the rumor, sell the facts' effect, says economist
▼ + stars: | 2024-11-11 | 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 EmailChinese markets experiencing 'buy the rumor, sell the facts' effect, says economistHao Zhou, chief economist at Guotai Junan International, discusses investors' reaction to China's latest stimulus measures and the effect they could have on the overall economy.

Persons: Hao Zhou Organizations: Guotai

☆ Trump admin will lead to more stabilized relationship with China, says MSA Capital's Ben Harburg
▼ + stars: | 2024-11-11 | 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 EmailTrump admin will lead to more stabilized relationship with China, says MSA Capital's Ben HarburgBen Harburg, MSA Capital managing partner, joins 'Squawk on the Street' to discuss what'll ultimately happen between the U.S. and China under Trump's administration, how monetary policy will play out in China, and much more.

Persons: Ben Harburg Ben Organizations: Capital, U.S Locations: China, Ben Harburg Ben Harburg

☆ Research reveals China has built prototype nuclear reactor to power aircraft carrier
▼ + stars: | 2024-11-11 | by ( Story The Associated Press | ) edition.cnn.com time to read: +12 min

The project at Leshan is dubbed the Longwei, or Dragon Might, Project and is also referred to as the Nuclear Power Development Project in documents. This satellite image from Planet Labs PBC shows the Nuclear Power Institute of China's Site No. The site is under the control of the Nuclear Power Institute of China, a subsidiary of the China National Nuclear Corporation, which is tasked with reactor engineering research and testing. The research does not, however, provide clues as to when a Chinese nuclear-powered carrier could be built and become operational, she said. Matthew Funaiole, senior fellow at the Center for Strategic and International Studies’ China Power Project, said he doubts China’s next carrier will be nuclear-powered.

Persons: ”, Tong Zhao, Jeffrey Lewis, Jamie Withorne, Sarah Laderman, ” “, Laderman, Li Gang, Yuan Huazhi, China’s, “, Matthew Funaiole, Nick Childs, ” Childs, Childs, Zhao, ” Zhao, Xi Jinping Organizations: Thailand AP, Associated Press, “, Carnegie Endowment, International Peace, Washington , D.C, Middlebury Institute of International Studies, Nuclear, Development, China’s Defense Ministry, Foreign, Ministry, Planet Labs PBC, Nuclear Power Institute, Middlebury, Nuclear Power Institute of China, China National Nuclear Corporation, China Ship Research, Design Center, Development Project, AP, Oslo Nuclear, Open Nuclear Network, PAX, Shandong, Xinhua, US Navy, China’s People’s Liberation Army Navy, Center for Strategic, Studies, Power, Liberation Army Navy’s, International Institute for Strategic Studies, US, International, Pacific, People’s Liberation Army Navy, Defense Department Locations: Bangkok, Thailand, China, Beijing, United States, France, Washington ,, California, Leshan, Sichuan, Mucheng Township, Sichuan Province, Mucheng, Sichuan’s, Chengdu, Soviet Union, Oslo, Vienna, Sanya, Hainan Province, Soviet, Liaoning, Shandong, Fujian, Taiwan, Pacific, South China, China’s

☆ Global manufacturing is poised for a temporary boom ahead of possible Trump tariffs
▼ + stars: | 2024-11-11 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Trump's proposed tariffs could lead to increased global manufacturing activity temporarily. Related Video China, Russia boast that trade is at an "all-time high" despite Western sanctions"Just as businesses try to get ahead of that, you could actually see a little bit of pop in global manufacturing, China manufacturing, as we head into the first quarter," he added. Exports could dip with focus on trade deficitsAny a temporary boost in trade would just be that: temporary. Advertisement"Higher US tariffs on Chinese exports could re-direct those exports into Asia, hurting local production," wrote the Nomura economists. "More tit-for-tat trade retaliation, trade policy uncertainty and delayed policy easing in some Asian economies will also likely spill into domestic demand," they added.

Persons: —, Donald Trump, Trump, Joe Lupton, Zichun Huang Organizations: Service, JPMorgan, Capital Economics, Exports, Nomura Locations: China, Russia, Vietnam, Japan, South Korea, India, Asia

☆ Singapore's DBS eyes Malaysian bank stakes in expansion push, Reuters reports
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: +3 min

Deliberations are in very early stages, however, the sources said, and any formal negotiations for an acquisition of a stake in a Malaysian bank would need approval from the Malaysian central bank, or Bank Negara Malaysia. "We do not comment on market rumors and speculation," said a spokesperson for DBS, Southeast Asia's biggest lender by assets. Alliance Bank, the second smallest listed bank in Malaysia by total assets, and Bank Negara Malaysia did not respond to requests for comment after business hours on Friday. DBS is the only Singaporean bank without a retail banking presence in Malaysia. Local rivals Oversea-Chinese Banking Corporation and United Overseas Bank both have retail banking operations in Malaysia.

Persons: Piyush, Gupta, Tan Su Shan, Anwar Ibrahim Organizations: DBS Group Holdings, DBS, Alliance Bank Malaysia Bhd, Kuwait Finance House's, Bank Negara Malaysia, Temasek, Alliance Bank, Kuwait Finance House, Local, Oversea, Chinese Banking Corporation, United Overseas Bank, Gupta, Malaysian Locations: Malaysia, Singapore, Temasek, Kuwait, Malaysian, Bank, China, India, Indonesia, Taiwan

☆ The coming reign of the only child
▼ + stars: | 2024-11-11 | by ( Ann Friedman | ) www.businessinsider.com time to read: +16 min

American women are having kids later in life, leaving less time to bear multiple children. American women in general are having children later, but the delay is most pronounced among the most educated. Even religious conservatives, who are biblically motivated to be fruitful and multiply, are starting families later and more often having only one child. So what will the coming reign of the only child mean for America? Just as having children is no longer seen as a required stage of adulthood, having siblings will no longer be a de facto part of childhood.

Persons: Hallie Parker, —, Parker, Harry Potter, Harriet, Dennis, Menace, They're untethered, Drew Barrymore, Woods, Kanye, Zers, we've, it's, Granville Stanley Hall, Spock, Hall, Toni Falbo —, Thomas Edison, Jack Welch, Carl Icahn —, Rebecca Zisser, It's, Anastasia Berg, What's, isn't, Berg, Corinne Lyons, wasn't, fiancé, Lyons, China's, Onlies, they'll, iStock, they're, Paul Ehrlich, Anne, Bill McKibben, Elon Musk, JD Vance, Rainer Turim, Ann Friedman Organizations: National Council, Family Relations, Granville, Harvard, Hall, Detroit, Alpha Kappa Alpha Locations: America, Sweden, France, China, Stanford, Vietnam, India, Manhattan, Los Angeles

☆ Tens of thousands of Chinese college students went cycling at night. That put the government on edge
▼ + stars: | 2024-11-11 | by ( Nectar Gan | ) edition.cnn.com time to read: +6 min

Over the weekend, authorities in Kaifeng and Zhengzhou closed off bike lanes on Zhengkai Avenue, to try to stop cyclists from entering. To prevent students from joining the cycling crowd, some colleges and universities in Zhengzhou even imposed restrictions on leaving campus, according to accounts shared by students on social media. In the spring of 1989, university students in Beijing rode their bikes to Tiananmen Square to join pro-democracy protests that ended in a bloody crackdown by the Chinese military. Their journey quickly went viral, inspiring more Zhengzhou students to follow suit as the hashtag “youth is priceless” trended on social media. Others said local authorities should have been better prepared for the influx of students before they jumped in to promote the trend.

Persons: Hong Kong CNN —, Xi, Douyin, Kaifeng, ”, “ Organizations: Hong Kong CNN, Communist, Communist Party, Henan University, China City Daily Locations: Hong Kong, Kaifeng, China’s Henan, Zhengzhou –, Zhengzhou, China, Beijing, Taiwan, Henan, Weibo

☆ Trump's proposed trade war raises the odds of a US recession to 75%, Wall Street strategist says
▼ + stars: | 2024-11-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Recession risk has jumped to 75% due to the potential for a trade ware under Trump, BCA Research said. Trump's proposed tariffs could lower household income and depress corporate investments. In a Friday note, Berezin increased the probability of an economic recession to 75% from 65%, citing the risk of a new trade war under Trump. On the campaign trail, Trump proposed implementing universal tariffs of 10%-20% on goods imported into the country and a 60% tariff on goods from China. Berezin cited a study from the Budget Lab at Yale that estimates Trump's proposed tariffs could reduce real disposable income for the median US household by $1,900-$7,600.

Persons: Trump's, —, Peter Berezin, Donald Trump's, Berezin, Trump Organizations: Trump, BCA Research, Service, Yale Locations: China

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