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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
Hong Kong CNN —Xiaomi formally launched its much-anticipated electric car — the new Speed Ultra 7 (SU7) sedan — on Thursday night in Beijing. “Xiaomi wants to build a ‘dream car’ comparable to Porsche and Tesla,” he said on Weibo Wednesday. On Thursday, Xiaomi announced that prices for SU7 models would range from 215,900 yuan ($29,874) to 299,900 yuan ($41,497). Xiaomi’s SU7 has been on display in showrooms in 29 cities across mainland China since Monday, according to Lei. People look at Xiaomi's first electric vehicle SU7, displayed in a newly opened Xiaomi store in Beijing on March 25, 2024.
Persons: Hong Kong CNN — Xiaomi, Lei Jun, “ Xiaomi, , Xiaomi, SU7, Lei, Tingshu Wang, It’s Organizations: Hong Kong CNN, Porsche, Tesla, Weibo, Counterpoint Research, Reuters, Porsche Taycan, Tesla’s Locations: Hong Kong, Beijing, China, EVs
China's President Xi Jinping speaks at an event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023. Carlos Barria | Afp | Getty ImagesBEIJING — Chinese President Xi Jinping told U.S. executives on Wednesday that bilateral relations can improve, and pledged that Beijing would keep working to improve the business environment. In the Chinese side's readout, Xi described China's economy as "sound and sustainable," and pushed back on some forecasts that the country would soon "peak." The National Committee on U.S.-China Relations did not provide a statement. "I commend [Xi's] personal engagement in the U.S.-China relationship, including a meeting like this.
Persons: Xi Jinping, Carlos Barria, Stephen Schwarzman, Cristiano Amon, Evan G, Greenberg, Harvard's John F, Dean Graham Allison, Craig Allen, Xi, Wang Yi, Zheng Shanjie, Commerce Wang Wentao, Rajesh Subramaniam, Chubb Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, APEC, Afp, Getty, U.S, China -, Blackstone, Qualcomm, Kennedy School of Government, U.S ., China Business, Authorities, National Development, Commerce, FedEx, CNBC, Committee Locations: Asia, San Francisco , California, BEIJING, Beijing, China, United States, U.S
watch nowFTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange and a related hedge fund, Alameda Research. FTX founder Sam Bankman-Fried leaves the U.S. courthouse in New York City on July 26, 2023. Instead, "He's an awkward math nerd" with a "tireless work ethic," said the lawyer, who also compared the FTX founder to "a beautiful puzzle." In this courtroom sketch, FTX founder Sam Bankman-Fried attends his sentencing hearing at federal court in New York City on March 28, 2024. Barbara Fried and Allan Joseph Bankman, parents of FTX co-founder Sam Bankman-Fried, arrive at court in New York on March 28, 2024.
Persons: Sam Bankman, Fried, Lewis Kaplan, Kaplan, FTX, District Judge Lewis Kaplan, Jane Rosenberg, Bankman, convicting, Prosecutors, Amr Alfiky, It's, Marc Mukasey, Torrey Young, Nicolas Roos, scoffed, Roos, Mukasey, Sam, Sunil Kavuri, Damian Williams, Samuel Bankman, " Williams, General Merrick Garland, Joseph Bankman, Barbara Fried, Allan Joseph Bankman, Yuki Iwamura, Caroline Ellison, Nishad Singh, Gary Wang Organizations: Alameda Research, ., U.S, District, Reuters, Republicans, Manhattan U.S, Stanford Law, Bloomberg, Getty, Bankman Locations: Manhattan, New York City, U.S, FTX, Kavuri, New York
China’s film industry was operating under a planned economy when Wang Xiaoshuai graduated from Beijing Film Academy in 1989. His directorial debut, “The Days,” about a despondent artist couple, was screened at film festivals in Europe in 1994. They barred Mr. Wang from working in the industry because he had screened “The Days” at foreign film festivals without their permission. Mr. Wang, like many other artists in China, found ways around the ban, and he went on to become one of the country’s most acclaimed directors as the restrictions loosened. When he screened his latest film, “Above the Dust,” at the Berlin International Film Festival, his company got a call from China’s censors.
Persons: Wang Xiaoshuai, Eager, Wang, Organizations: Beijing Film Academy, British Broadcasting Corporation, Berlin Locations: Europe, China
In the U.S., Tesla may be at the forefront of the electric vehicle revolution, but abroad, the carmaker has some serious competition. In the fourth quarter of 2023, BYD dethroned Tesla as the world's top EV maker, selling more battery-powered vehicles than its U.S. rival. "BYD has grown into this powerhouse in the new energy vehicle industry," CNBC's Beijing correspondent Evelyn Cheng said. By 2003, the company had pivoted to autos and has since become the top car brand in China, as well as a major producer of EV batteries. Watch the video to learn how BYD grew from battery maker to EV giant and what's next for the company.
Persons: Tesla, Warren, BYD, Evelyn Cheng, they're, Wang Chuanfu, Sam Abuelsamid, Michael Dunne, Dunne, They're Organizations: EV, Guidehouse, CNBC, U.S Locations: U.S, China, Beijing, Munich, United States, Europe, Hungary, Mexico
“What should I do with those copies of Apple Daily?”Someone in Hong Kong who I was chatting with on the phone recently had suddenly dropped her voice to ask that question, referring to the pro-democracy newspaper that the government forced to shut down in 2021. “Should I toss them or send them to you?”My conversations with Hong Kong friends are peppered with such whispers these days. Last week, the city enacted a draconian security law — its second serious legislative assault on Hong Kong’s freedoms since 2020. It had rule of law, a rowdy press and a semi-democratic Legislature that kept the powerful in check. Anyone who grew up in China in the 1980s and 1990s could sing the Cantopop songs of Hong Kong stars like Anita Mui, and that was a problem for Beijing: Freedom was glamorous, desirable.
Persons: , Hong Kong, , Anita Mui, Beijing’s Organizations: Apple Daily, Britain Locations: Hong Kong, China, Beijing
SHANGHAI, CHINA - MARCH 21: Tim Cook, chief executive officer of Apple Inc., arrives for opening ceremony of the new Apple Jing'an store on March 21, 2024 in Shanghai, China. The new Apple store opens on March 21 in Shanghai's Jing'an district. (Photo by VCG/VCG via Getty Images)Apple could double down on the China smartphone market amid declining iPhone sales and stiff competition in the country, Wedbush Securities said on Monday. Apple needs to overcome its China challenges including a tough macro environment and competition from Huawei before the iPhone 16 release and "it all starts with reaffirming Apple's presence in China," Wedbush said. Cook's latest trip to China, which Wedbush said is "a sign Apple could double down" on China, comes amid reports of iPhone sales in China plunging 24% in the first six weeks of 2024.
Persons: Tim Cook, Wedbush, Commerce Wang Wentao, Cook Organizations: Apple Inc, Apple, Getty, Securities, Huawei, China's, Commerce, China Development Forum Locations: SHANGHAI, CHINA, Shanghai, China, Shanghai's Jing'an, Beijing
Hong Kong CNN —New Zealand has joined the United States and the United Kingdom in accusing China of launching “malicious” cyberattacks through state-backed hackers, as Beijing comes under growing scrutiny in a big election year for democracies around the world. The Chinese embassy in London dismissed the claims as “completely unfounded” and “malicious slander,” calling the sanctions “outright political manipulation.”“China is a major victim of cyberattacks. We have firmly fought and stopped all kinds of malicious cyber activities in accordance with the law, and have never encouraged, supported or condoned cyberattacks,” the embassy said, reiterating Beijing’s long-held stance on the matter. Australia and the European Union has also expressed solidarity with the UK and voiced concerns over China’s alleged malicious cyber activities. Without naming China, the EU said it would continue to monitor and address malicious cyber activities and stand ready to take further action when necessary.
Persons: Judith Collins, , Zealand’s, ” Collins, Wang Xiaolong, Winston Peters, ” Peters, Penny Wong, Clare O’Neil Organizations: Hong Kong CNN —, United, New, UK, Parliamentary, Office, Parliamentary Service, New Zealand, Wellington, European Union, Australia’s Foreign, Home Affairs, Inter, Parliamentary Alliance Locations: Hong Kong, Zealand, United States, United Kingdom, China, Beijing, New Zealand, London, PRC, Australia, EU, Canada
To get the economy back on track, China is trying to champion its domestic companies and reassure entrepreneurs that it’s ready for business. Its efforts are running into a problem: an online army of Chinese nationalists who have taken it upon themselves to punish perceived insults to the country — including from some of China’s leading business figures. When fellow tycoons defended him, they were attacked as well, by users whose profiles featured photos of the Chinese flag. As the fervor spread, social media users also hounded Huawei, the crown jewel of China’s tech industry, accusing it of secretly admiring Japan. Others accused a prestigious university of being too cozy with the United States, and demanded the works of a Nobel-winning Chinese author be removed from circulation for purportedly smearing national heroes.
Persons: unpatriotic, tycoons Organizations: Huawei Locations: China, United States, Japan
BeeBright | Getty ImagesLONDON — The U.S. and U.K. on Monday accused hackers linked to the Chinese state of being behind "malicious" cyber campaigns targeting political figures, in moves expected to stoke tensions with Beijing. The British government also alleged that China-affiliated hackers were behind an attack that saw the data of millions of voters accessed. "I can confirm today that Chinese state-affiliated actors were responsible for two malicious cyber campaigns targeting our democratic institutions and parliamentarians," British Deputy Prime Minister Oliver Dowden said in a speech to Parliament on Monday. "We want now to be as open as possible with the House and the British public," Dowden said. U.S. hits out at ChinaSeparately, the U.S. Justice Department unsealed an indictment Monday accusing Chinese state-linked hackers of being behind cyber campaigns targeting U.S. businesses, government officials and politicians.
Persons: Oliver Dowden, Dowden, Ni Gaobin, Weng Ming, Cheng Feng, Peng Yaowen, Xiong Wang, Zhao Guangzong, Merrick B, Garland Organizations: Getty, stoke, Electoral, Electoral Commission, Embassy, Google, APT31, U.S . Justice Department, DOJ Locations: U.S, Beijing, China, Britain, APT31 ., United States
As spring 2022 bloomed, Irena Wang emailed the pianist Kelly Moran to ask for a mixtape. They had briefly met just days before — at the funeral of Wang’s partner of seven years and Moran’s high-school sweetheart in the little Long Island town where they grew up. “He was my first love, my first heartbreak, my first everything,” Moran remembered one evening after dark in Yamaha’s sprawling Midtown Manhattan piano studio in early February, a week before she turned 36. After the funeral, Wang sent her an email: “I really want to know you, but I need some time. Late last year, they moved in together; with Luka, Wang and Damian’s son, the members of this unorthodox trio have empowered one another past the shadow of grief.
Persons: Irena Wang, Kelly Moran, , ” Moran, , Damian, Moran, Wang, John Adams’s “, , Luka Organizations: Locations: Midtown Manhattan, Los Angeles, Big
He spoke with DealBook about how China views the latest U.S. crackdown on TikTok. How does China see the latest TikTok fight? Chinese state media and government spokespeople have made it clear that this is very unwelcome. State media is keeping its powder dry because there are still several steps before ByteDance might have to sell TikTok in the U.S. Before this looks really imminent, state media is not rallying citizens to object too much.
Persons: Dan Wang, Wang, Yale Law School’s Paul Tsai, DealBook, spokespeople, ByteDance Organizations: Yale Law, Yale Law School’s Paul Tsai China Center, U.S Locations: China, United States, America, Beijing, U.S
The flags of China and Hong Kong displayed in rows. China's embassy hit back against U.S. criticism of Hong Kong's new national security law on Thursday, saying the U.S. should "respect China's sovereignty." Hong Kong lawmakers passed a new national security law on Tuesday which critics say grants the government more power to quash dissent. "Hong Kong is China's Hong Kong. Hong Kong affairs are purely China's internal affairs, which no country is in the position to point fingers at or interfere in," a spokesperson said on Wednesday.
Persons: Hong, Hong Kong's, Vedant Patel, John Lee, Wang Yi, — CNBC's Evelyn Cheng, Clement Tan Organizations: U.S . State Department, Kong's Legislative, China's, Beijing, China - Locations: China, Hong Kong, U.S, China's, Hong Kong . Hong Kong, Kong's, China - U.S
Hong Kong CNN —Chinese diplomat Wang Kejian met Hamas political leader Ismail Haniyeh in Qatar, China’s Foreign Ministry said Tuesday, the first meeting between a Chinese and Hamas official publicly acknowledged by Beijing since the outbreak of the war in Gaza. Wang and Haniyeh “exchanged views on the Gaza conflict and other issues” during their meeting Sunday, according to a brief readout from China’s Foreign Ministry Tuesday. Wang’s visit comes as Beijing aims to step up its profile as a peace broker and has become increasingly vocal in its opposition to the Gaza war. Fighting began on October 7 when Hamas carried out a deadly attack on Israel, killing more than 1,200 people and taking some 250 hostages, according to Israel. During his visit to the West Bank, Wang met with the Palestinian Authority’s foreign minister Riyad al-Maliki, where the Chinese envoy said Beijing is “deeply concerned” about the conflict in Gaza.
Persons: Wang Kejian, Ismail Haniyeh, Wang, Haniyeh “, Haniyeh, Qatar Cao Xiaolin, , Cao, Wang’s, Riyad al, , Zhai Jun, Wang Yi, ” Wang Organizations: Hong Kong CNN, China’s, Hamas, West Bank –, Foreign, , Security Council, United Nations, International Court of Justice, China’s Foreign Ministry, West Bank, Ministry of Health, Palestinian, Foreign Ministry, Beijing, Palestinian National Authority, Global South, UN, UN Security Council, Washington, Palestine Locations: Hong Kong, Qatar, Beijing, Gaza, Wang, Israel, China, Lebanon, Egypt, Palestinian Territories, Saudi Arabia, Jordan, Indonesia, Global South Beijing, United States, Xinjiang
NEW YORK (AP) — Michael Tilson Thomas is to conduct the opening subscription program of the New York Philharmonic season, three years after the conductor announced he was being treated for a brain tumor. He has continued to lead an active schedule but with fewer performances: Tilson Thomas led four concerts with the New York Philharmonic in March 2023. He was founder of the New World Symphony in Miami Beach, Florida, and music director of the San Francisco Symphony from 1995-2020. The philharmonic will be without a music director for two seasons. Pittsburgh Symphony Orchestra music director Manfred Honeck will lead an opening gala on Sept. 24 that includes Tony Award winner Cynthia Erivo.
Persons: — Michael Tilson Thomas, Emanuel Ax, Tilson Thomas, Jaap van Zweden, Gustavo Dudamel, Dudamel, Kate Soper, Philip Glass’s, Ken, David Masur, Kurt Masur, Augusta Read Thomas, Manfred Honeck, Tony, Cynthia Erivo, Herbert Blomstedt, Brahms, Hilary Hahn, Soprano Renée Fleming, Rod Gilfry, Kevin, , Juanjo Mena, Yuja Wang Organizations: New York Philharmonic, New, San Francisco Symphony, Los Angeles Philharmonic, Pittsburgh Symphony Orchestra Locations: Miami Beach , Florida
Chinese military and state-run media on Sunday accused the United States of threatening global security, days after a Reuters report which found Elon Musk's SpaceX was building hundreds of spy satellites for a U.S. intelligence agency. Chinese military and state-run media on Sunday accused the United States of threatening global security, days after a Reuters report which found Elon Musk's SpaceX was building hundreds of spy satellites for a U.S. intelligence agency. A social media account run by the People's Liberation Army, or PLA, said the SpaceX program exposed the United States' "shamelessness and double standards" as Washington accuses Chinese tech companies of threatening U.S. security. "We urge U.S. companies to not help a villain do evil," Junzhengping, an account run by the PLA, posted on social media platform Weibo on Sunday. Wang Yanan, chief editor of Aerospace Knowledge, a magazine overseen by the ruling Communist Party, was quoted in an interview as saying the SpaceX satellite project posed "a challenge to global security and stability".
Persons: Elon, SpaceX's, Wang Yanan Organizations: Reuters, SpaceX, National Reconnaissance Office, NRO, People's Liberation Army, PLA, U.S ., Aerospace, Communist Party Locations: United States, Washington, U.S, Weibo
China and New Zealand are working toward implementing an upgraded version of the free trade agreement between the two countries. Wang met New Zealand Trade Minister Todd McClay during an official visit to New Zealand. New Zealand was the first developed country to sign a bilateral free trade deal with China in 2008. China's door to the world will open even wider, Wang said, pledging to forge closer cooperation with New Zealand in the next decade and emphasizing on the need to safeguard free trade. He will be holding the seventh China-Australia Foreign and Strategic Dialogue with Australian Foreign Minister Penny Wong in his visit to Australia.
Persons: Wang Yi, Wang, Todd McClay, McClay, Winston Peters, China's, Peters, Penny Wong Organizations: Xinhua, New Zealand Trade, New Zealand, Foreign Affairs, Australian Foreign Locations: China, New Zealand, New, Xinjiang, Hong Kong, Tibet, Zealand, South, Sea, Taiwan Strait, Taiwan, Beijing, Philippines, Wang, Australia, Mar
And now, Chinese authorities appear to be going after his followers in China. Li Ying spends most of his days in front of the computer running his X account. Li’s warnings sent shock waves through the small but influential Chinese X sphere. On X, Li Ying’s account provided a window into the outpouring of grief and disaffection. “The Chinese authorities are fearful of young people like Teacher Li, seeing him as a threat to its rule,” Wang said.
Persons: Lee, Xi Jinping, , Li, , ” Lee, Li Ying, Li reposts, Elon Musk, Covid lockdowns, ” Li, , Yaqiu Wang, , ’ ”, Li Keqiang, Shen Xiang, ramped, Li Keqiang’s, Xi, it’s, it’ll, ” Wang, Wang Organizations: Hong Kong CNN, Twitter, US, Facebook, Elon, Ministry of Public Security, CNN, YouTube, Future Publishing, Getty, Freedom Locations: China, Hong Kong, Beijing, Italy, Washington, Anhui province,
China's intake of Russian crude is set to reach a record this month, Kpler data cited by Bloomberg shows. The shift is due to tighter enforcement of Western sanctions, that's diminishing the discount on Russian oil. AdvertisementChinese imports of Russian crude are on course to reach record volumes this month, as Beijing takes over diminishing Indian demand. 1.7 million barrels a day are expected to ship into the country, Bloomberg said, citing Kpler data. That same month, Indian imports of Russian crude fell by 420,000 barrels a day.
Persons: , India —, Wang Yi, it's, That's, Sovcomflot, Bloomberg Organizations: Bloomberg, Sokol, Service, Foreign, Group Locations: Beijing, India, China, Moscow, Russia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia's GPU Technology Conference is 'the Davos of AI', says Constellation Research's Ray WangRay Wang, Constellation Research principal analyst and founder, joins 'Squawk Box' to preview Nvidia's highly anticipated GPU technology conference today, what to expect from the tech giant, and more.
Persons: Ray Wang Ray Wang Organizations: Technology, Davos, Constellation Research
A stable relationship with Moscow, too, allows Beijing to focus on other areas of concern such as Taiwan and the South China Sea. “Xi sees Putin as a genuine strategic partner,” said Steve Tsang, director of the SOAS China Institute at the University of London, ahead of the Russian election results, adding that anything less than a landslide win for Putin would be “a disappointment” for Beijing. The Russian leader has weathered an apparent miscalculation that what his government still calls a “special military operation” in Ukraine would be a swift success. Jose Colon/Anadolu Agency/Getty ImagesWatchful BeijingBut that doesn’t mean countries tied to Moscow aren’t also watching the conflict in Ukraine carefully. That may be especially true for China, Russia’s most powerful strategic partner.
Persons: Hong Kong CNN —, Vladimir Putin’s, Xi Jinping, Xi, Putin, Jens Stoltenberg, , Steve Tsang, Mao Zedong, won’t, Putin’s, Kim Jong Un, Kim, Kim Jong, Sergei Shoigu, Yevgeny Prigozhin, he’s, Alexey Navalny, , BRICS, Jose Colon, Moscow aren’t, , Eurasia Li Hui, Wang Yiwei, Putin –, Li Organizations: Hong Kong CNN, Ukraine grinds, Kremlin, NATO, Washington, SOAS China Institute, University of London, Putin, Russia's, KCNA, Reuters, United Arab Emirates, Russian, Anadolu Agency, Getty, Moscow, Renmin University, Beijing, CNN Locations: China, Hong Kong, Russia, Taiwan, Beijing, Moscow, South China, North Korea, Russia’s Far, Washington, Pyongyang, South Korea, Iran, India, Ukraine, Vladivostok, Russian, United States, Brazil, South Africa, UAE, Ethiopia, Egypt, Russia’s Kazan, Crimea, Sochi, West, Israel, Gaza, Ukrainian, Eurasia, Europe, Beijing –
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst weighs in on the possibility of TikTok being transferred to a U.S. companyRay Wang, principal analyst and founder of Constellation Research, says "it's a question of [whether China is] willing to let go of that, and more importantly, if TikTok is willing to let go of it."
Persons: Ray Wang, TikTok Organizations: Constellation Research Locations: U.S, China
But American apps have long been barred in China. “The TikTok bill appears likely to become law and China’s displeasure seems ironic, if not hypocritical, given its stance toward American social apps,” said Brock Silvers, managing director at Kaiyuan Capital. The Chinese government has said it strongly opposes a forced sale of TikTok, and it has the legal ability to do so. A man walks past the headquarters of ByteDance, the parent company of TikTok, in Beijing. “While China has completely banned [these] American apps, TikTok enjoys all the benefits of America’s free and open legal and political systems,” he said.
Persons: Hong Kong CNN — TikTok, ByteDance doesn’t, Wang Wenbin, , Brock Silvers, Wang, Joe Biden, TikTok, CNN Beijing’s, Trump, Greg Baker, , Winston Ma, Silvers, Alex Capri, Craig Singleton, “ We’ve, ” Capri Organizations: Hong Kong CNN, US, Foreign Ministry, Google, Kaiyuan, Chinese Commerce Ministry, ByteDance, Trump, CNN, Commerce Ministry, Getty, New York University School of Law, Foundation, National University of Singapore Business School, Foundation for Defense of Democracies, Weibo, Twitter, Facebook Locations: China, Hong Kong, United States, Beijing, TikTok, ByteDance, AFP, Washington, Washington , DC
China's top diplomat, Foreign Minister Wang Yi, will visit Australia next week, Prime Minister Anthony Albanese said on Thursday, a sign of a further thaw in relations after years of tensions. China's top diplomat, Foreign Minister Wang Yi, will visit Australia next week, Prime Minister Anthony Albanese said on Thursday, a sign of a further thaw in relations after years of tensions. "I look forward to meeting Wang Yi during his visit to Canberra next week," Albanese said during a televised media briefing. "It's a good thing that Wang Yi is visiting, it's a good thing to have dialogue." Albanese said "significant progress" had been made in recent months to remove trade impediments with China, Australia's largest trading partner.
Persons: Wang Yi, Anthony Albanese, " Albanese, it's Organizations: Huawei, Labor Locations: Australia, Canberra, China
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