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☆ Disney's 'Wish' director dropped out of med school and got rejected by the studio multiple times: 'It took me a few tries to get here'
▼ + stars: | 2023-12-02 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

Before she was directing Disney's 100-year anniversary tribute, Fawn Veerasunthorn had been rejected by the studio several times over. While Veerasunthorn was in college, Disney closed the Florida animation studio where her mentor had worked. In 2011, about a decade after she started chasing Disney in earnest, she finally landed a job with the iconic film studio. Veerasunthorn began working on "Wish" in 2020 and co-directed the feature alongside Chris Buck, who's been with the company since 1978. She always considered drawing her hobby and studied computer science in high school before planning to go the medical route professionally.

Persons: Fawn Veerasunthorn, Veerasunthorn, Paitoon Ratanasirintrawoot, Ratanasirintrawoot, Dr, Seuss, Raya, Chris Buck, who's, Arthur C, Brooks Organizations: The New York Times, Columbus College of Art & Design, Times, Disney, Pixar, Universal, Universal Studios, CNBC, Summit, Hollywood Locations: Thailand, Bangkok, U.S, Ohio, Florida, California

The Justice Department, during the Trump administration, closed an investigation into the realtors organization. The Biden administration re-opened it in 2021 so it could probe how broadly housing listings are available and what fees home sellers pay to the brokers who represent buyers. The government's concern focused on private listings of homes, which NAR banned but left some exceptions, and a rule that requires sellers to pay the buyer's broker. Because of concern about "pocket listings," or private listings not available to the public, the NAR adopted a "Clear Cooperation Policy" in 2019 that was supposed to ban pocket listings but has been criticized for allowing exceptions. The NAR's Participation Rule had required brokers who listed a house to offer compensation to the buyer's broker.

Persons: Sarah Silbiger, Trump, Biden, Judge Florence Pan, Frederick Liu, Chris Michel, Diane Bartz, Chizu Organizations: REUTERS, Rights, Justice Department and National Association of Realtors, The Justice Department, realtors, U.S ., Appeals, Circuit, NAR, Thomson Locations: Washington , U.S

☆ French economy contracts in Q3, inflation eases further
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsPARIS, Nov 30 (Reuters) - The French economy contracted by 0.1% in the third quarter of the year, revised data from the statistics office INSEE showed on Thursday, while November inflation eased more than expected. The inflation was down from 4.5% in October, helped by easing price pressure in energy and in the services sector. Food prices rose 7.6% in November, versus 7.8% in October while the increase in energy prices slowed to 3.1% after seeing an increase of 5.2% last month. Month-on-month, prices declined by 0.2% as falling transportation and energy prices offset a month-on-month rise of food prices, especially fresh produce. Reporting by Piotr Lipinski, Zhifan Liu, Editing by Charlotte Van Campenhout and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Sarah Meyssonnier, Bruno Le Maire, Piotr Lipinski, Zhifan Liu, Charlotte Van Campenhout, Gareth Jones Organizations: Carrefour, REUTERS, Rights, Thomson Locations: Montesson, Paris, France, EU

☆ Meta thwarts Chinese propaganda threat to US democracy before 2024 election
▼ + stars: | 2023-11-30 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

Meta did not attribute the network of fake Facebook accounts to a particular entity in China. It’s the latest in a series of warnings from tech firms documenting how Chinese propaganda and influence operations have more aggressively targeted American audiences in the last year. It wasn’t clear, Meta said in a report on foreign online threats published Thursday, what the Chinese network of fake accounts was trying to accomplish. While Meta and other tech firms tout their work to protect elections, recent moves by the company also show trends in the other direction. And Meta this month said it would allow political ads on its platforms to question the outcome of the 2020 US presidential election.

Persons: Meta, Ron DeSantis, Nancy Pelosi, Iran —, haven’t, Nathaniel Gleicher, ” Ben Nimmo, ”, Liu Pengyu Organizations: CNN, Florida Gov, Meta, Republicans, US, of Liberty, Microsoft, Embassy Locations: China, Russia, Iran, Washington

☆ 'First impressions are critical': How to figure out what to wear to a job interview
▼ + stars: | 2023-11-30 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +4 min

The question of "what do I wear to a job interview" has always been tricky, but maybe never more so than in today's evolving workplace. If you're going into a fairly conservative accounting firm, for example, you might wear a button-up, trousers and nice shoes, she says. One exception, however, might be if your recruiter explicitly says to take the casual dress seriously. Farah Sharghi RecruiterSharghi remembers once flying out a candidate who came from General Motors to interview for a job at Lyft. What to wear (and not wear) to a virtual interview

Persons: Farah Sharghi, who's, Sharghi, Teresa Freeman, Freeman, didn't Organizations: Google, CNBC, Lyft, General Motors Locations: Lyft

☆ Stream These 16 Movies Before They Leave Netflix in December
▼ + stars: | 2023-11-29 | by ( Jason Bailey | ) www.nytimes.com time to read: +5 min

‘Gladiator’ (Dec. 31)Stream it here. ‘Kung Fu Panda’ (Dec. 31)Stream it here. ‘Mission: Impossible’ 1- 4 (Dec. 31)Stream them here, here, here and here. ‘Role Models’ (Dec. 31)Stream it here. The raw edge yet soft heart of this wildly funny bad-boy comedy from 2008, and the presence of the frequent leading man Paul Rudd, might lead you to assume it’s the work of Judd Apatow.

Persons: ’, Russell Crowe, Ridley Scott’s, Crowe, Maximus, Commodus, Joaquin Phoenix, Scott, Napoleon, ”, Steven Spielberg, Roy Scheider’s, Brody, Kung, Jack Black, Jackie Chan, David Cross, Dustin Hoffman, James Hong, Angelina Jolie, Randall Duk Kim, Lucy Liu, Ian McShane, Seth Rogen, Christopher McQuarrie, Tom Cruise, John Woo, Brian De Palma’s, Brad Bird, Paul Rudd, Judd Apatow, David Wain, Kerri Kenney, Silver, Joe Lo Truglio, Ken Marino, Rudd, Seann William Scott, J, Thompson, Christopher Mintz Organizations: Netflix Locations: Italy, Phoenix

"These measures could boost (earnings) growth and help asset prices recover in 2024," Liu said. As per the forecasts, the consumer staples and software sectors are set to post earnings growth of 40% and 30%, respectively. The consumer discretionary and industrial sectors are each expected to see roughly 20% growth, while the real estate sector may grow 18%. Such stable or growth-centric government policies would also boost investor confidence in the e-commerce and consumer sectors, Lau added. Maurer, however, points to how cheap Chinese stocks are and that the risks might already be priced in.

Persons: Minyue Liu, Liu, John Lau, Lau, Alec Jin, Jin, Caroline Yu Maurer, Maurer, Patturaja Murugaboopathy, Vidya Ranganathan Organizations: BNP, Management, Asia Pacific, SEI, Reuters, Reuters Graphics, Stock Connect, HSBC Asset Management, Thomson Locations: Asia, China, Shanghai, U.S

☆ From late arrivals to surprise phone calls, how to recover when your job interview is going off the rails
▼ + stars: | 2023-11-28 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +6 min

Here, Freeman and Sharghi share some common awkward situations that can disrupt a job interview, and how to recover from them with grace. If you're alerted that your interview will run behind schedule, it's appropriate to remind the recruiter about your own time constraints. "It all boils down to communication and being transparent with the recruiter," Sharghi says. Your phone goes offIn 99% of cases, if your phone goes off mid-interview, don't answer it, Freeman says. The interviewer is giving you zero energySometimes you may feel you're giving your most high-energy, best first impression, but you're getting little positive feedback from your interviewer, Freeman says.

Persons: Teresa Freeman, Farah Sharghi, Freeman, Sharghi, you've, stow, it's, I'm, — Organizations: Deloitte, Google

☆ China's money market shows signs of liquidity tightness towards month-end
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsSHANGHAI, Nov 27 (Reuters) - Cash conditions in China's money market showed signs of tightness on Monday, as market participants grew cautious about month-end demand and a recent liquidity squeeze remained fresh in memory. The price of the benchmark seven-day repos traded in the interbank market, hit a high of 2.8% on Monday, the highest level since Oct. 31. Meanwhile, the borrowing cost of such repos for non-bank financial institutions was about 3.5%, according to traders. "Money that can help span the month-end has tightening bias, and it's expensive for non-banks," said a trader at a Chinese bank. NCDs has been a popular short-term debt instrument used by financial institutions in the interbank market for financing.

Persons: Tingshu Wang, repos, Liu Yu, NCDs, Kim Coghill Organizations: People's Bank of China, REUTERS, Rights, GF Securities, AAA, Reuters, Shanghai, Thomson Locations: Beijing, China

☆ China's industrial profits extend gains as outlook improves
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Siyi Liu/File Photo Acquire Licensing RightsBEIJING, Nov 27 (Reuters) - Profits at China's industrial firms extended gains for a third month in October, adding to signs of a stabilising economy following a run of mostly upbeat data suggesting Beijing's support measures have helped bolster a tentative comeback. For the first 10 months of 2023, profits slid 7.8% from a year earlier, narrowing from a 9% decline in the first nine months, data from the National Bureau of Statistics (NBS) showed on Monday. "However, the volatility of profits is a sign enterprises remain highly sensitive to input costs," he added. "The sharp slowdown of year-on-year profit growth was partly driven by a rebound in energy prices." Industrial profits data covers firms with annual revenues of at least 20 million yuan ($2.74 million) from their main operations.

Persons: Siyi Liu, Xu Tianchen, Joe Cash, Liz Lee, Qiaoyi Li, Sam Holmes Organizations: REUTERS, Rights, National Bureau of Statistics, Economist Intelligence Unit, Green Energy Technology Co, Thomson Locations: Dezhou, Shandong province, China, Rights BEIJING

☆ Foxconn to invest $1.5 bln to expand India operations
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

A Foxconn shareholder poses for photos after the annual shareholder meeting in New Taipei City, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing RightsBENGALURU, Nov 27 (Reuters) - Taiwan's Foxconn (2317.TW) will invest $1.5 billion in India in its latest expansion plan, the world's largest contract manufacturer of electronics said on Monday. The company, which announced the investment plan in a stock exchange filing, did not provide any further details. Foxconn has been rapidly expanding its presence in India by investing in manufacturing facilities in the south of the country. The contract manufacturer aims to double its workforce and investment in India by next year, a company executive had said in September.

Persons: Ann Wang, Foxconn, Liu Young, Kashish Tandon, Krishna Chandra Organizations: REUTERS, Rights, Thomson Locations: New Taipei City, Taiwan, India, Bengaluru

☆ 22-year-old Olympic skateboarder owns 3 homes but still pays $2,000 a month to rent an apartment—here's why
▼ + stars: | 2023-11-27 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

The Mesa, Arizona, native bought three properties in the area this year and hopes to own more in the future. "I buy homes, put about $5,000 or $6,000 into them, and then long-term rent them," he says. The young homeowner doesn't live in any of the properties though; instead, he spends about $2,000 a month to rent an apartment in California. "So I basically have passive income from these other homes paying for my rent in Cali," he says. Check out: How Nyjah Huston, one of the world's highest-paid pro skateboarders, spends his money

Persons: Jagger Eaton, Eaton, doesn't, you've, Charles Schwab, Warren Buffett, Nyjah Huston Organizations: X, CNBC, Monster Cable, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: Mesa , Arizona, California, Cali, U.S

☆ Expats are flocking to this European country for happier lives abroad—here's why
▼ + stars: | 2023-11-26 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

The top three cities for expats to thrive in their new lives abroad are all in Spain, according to the latest report from the online community Internations. Overall, Spanish locales dominated the list of best cities on the 2023 Expat Insider report, which ranked 49 global cities this year. Meanwhile, expats especially enjoy Alicante's low cost of living, Valencia's robust travel opportunities, and Madrid's culture and nightlife. Want to be smarter and more successful with your money, work & life? 1 global city where expats thrive

Persons: Malte Zeeck, InterNations, Warren Buffett Organizations: Madrid, European Union, — Locations: expats, Spain, Malaga, Alicante, Valencia, Barcelona, Spanish, — Malaga

TAIPEI, Nov 24 (Reuters) - Terry Gou, the billionaire founder of tech giant Foxconn (2317.TW), on Friday withdrew from the race to be Taiwan's next president, bringing a sense of relief to the major Apple (AAPL.O) supplier and iPhone manufacturer, sources said. Complete the change of power and change Taiwan," Gou said. Despite a massive advertising campaign, which saw his face plastered across Taiwan, Gou consistently polled far behind his rivals. Although Gou stepped down as Foxconn chief in 2019 and resigned as a board member in early September, he remained the company's largest shareholder. "It's a sigh of relief," said one of the sources, who declined to be identified due to the sensitivity of the matter.

Persons: Terry Gou, Gou, Hou Yu, Ko Wen, Ko, Lai Ching, Foxconn, Young Liu, TPP, Tammy Lai, Lai, Yimou Lee, Ben Blanchard, Sarah Wu, Muralikumar Anantharaman, Gerry Doyle Organizations: Apple, Democratic Progressive Party, ih, Kuomintang, KMT, Taiwan People's Party, Facebook, Global Times, Reuters, Netflix, Thomson Locations: TAIPEI, Ukraine, Taiwan, China, Taipei, Beijing

☆ China's Alibaba shakes up cloud unit management after scrapping the division's IPO
▼ + stars: | 2023-11-24 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Alibaba will put a bigger emphasis on three business units within the cloud space — public cloud, hybrid cloud and cloud infrastructure. Weiguang Liu will lead the public cloud division, a person familiar with the matter who was not authorized to speak publicly on it told CNBC, while Jin Li will lead the hybrid cloud unit. Daniel Zhang stepped down from the CEO role in September, then quit as the head of the cloud business weeks later. "The cloud intelligence group will resolutely implement a strategy of driving growth with AI and of prioritizing public cloud. "In the future, incremental demand for cloud computing will be driven by demand for AI, and most AI computing will run in the cloud."

Persons: Alibaba, Weiguang Liu, Jin Li, Eddie Wu, Jiangwei Jiang, Jingren Zhou, Daniel Zhang, Wu Organizations: CNBC Locations: China

☆ So many kids are falling sick in China that a children's hospital said it saw 13,000 cases in a single day
▼ + stars: | 2023-11-23 | by ( Matthew Loh | Kim Schewitz | ) www.businessinsider.com time to read: +6 min

Northern China is struggling with a wave of respiratory illnesses among its children. Cities like Beijing and Tianjin have been hit hard by cases of flu and pneumonia, hospitals said. Children wait on the stairs at a children hospital in Beijing on November 23, 2023, with some administered with drips. "All the children have respiratory illnesses." Children receive a drip at a children hospital in Beijing on November 23, 2023.

Persons: —, Liu Wei, Liu, imploring, JADE GAO, Mi Feng, they're, It's, JADE GAOJADE, Hu Xijin, Hu, David Heymann, Francois Balloux Organizations: Service, Beijing Aviation General, Management, drips, Getty, Changjiang, Health, Business, Global Times, Health Organization, London School of Hygiene, Tropical Medicine, UCL Genetics Institute Locations: Northern China, Cities, Beijing, Tianjin, China, Tianjian, Wuhan, Hubei, Chongqing, Weibo

☆ This pro skateboarder got his first big check for 6 figures at 15 years old—here's his No. 1 splurge
▼ + stars: | 2023-11-23 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

Professional skateboarder Nyjah Huston, 28, started with a "humble, simple upbringing" growing up in a strict Rastafarian household as the middle of five children. So when he began earning a few hundred dollars from his first sponsor, the streetwear brand Element Skateboards, at 7 years old, "I didn't even care about making money at the time," he tells CNBC Make It. Today, Huston is among the highest-paid skateboarders in the world with sponsorship deals with NikeSB and Monster. Disclosure: CNBC parent NBCUniversal owns NBC Sports and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer and Winter Games through 2032.

Persons: Nyjah Huston, Huston, NikeSB, Warren Buffett Organizations: CNBC, League, Mercedes, Lamborghini, Team USA, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games, NFL Locations: Paris, U.S

☆ Sam Altman returns to OpenAI in a bizarre reversal of fortunes
▼ + stars: | 2023-11-22 | by ( Clare Duffy | David Goldman | ) edition.cnn.com time to read: +5 min

In its announcement of Altman’s firing, OpenAI claimed that Altman had been insufficiently “candid” with the board. But then hundreds of OpenAI employees, nearly the company’s entire staff, threatened to leave, potentially for Microsoft, if the company’s board didn’t resign and reinstate Altman as CEO. It’s unclear how Shear will be affected by Altman’s return. “We are encouraged by the changes to the OpenAI board,” Microsoft CEO Satya Nadella said on X. Publicly, Altman has long cautioned about risks posed by AI, and he has pledged to lawmakers and customers that he would move OpenAI forward responsibly.

Persons: Sam Altman, Bret Taylor, Adam D’Angelo, Larry Summers, “, Altman, Steve Jobs, OpenAI, Kara Swisher, Nadella, Greg Brockman, Altman’s, —, Emmett Shear, didn’t, Shear, …, ” Brockman, Satya Nadella, Jony, CNN’s Juliana Liu, Diksha Madhok Organizations: New, New York CNN, Twitter, Microsoft, CNN, Twitch Locations: New York, OpenAI, Silicon

The deal to acquire investment firm Carlyle's (CG.O) 28% holding in the burger chain's China business, which also includes its stores in Hong Kong and Macau, will see McDonald's stake rise to 48%. Since 2017, the number of McDonald's stores in China has doubled to 5,500 and the country has become its second-largest market. McDonald's made an unsolicited offer for Carlyle's stake in the China operations in recent weeks and the deal was struck quickly, said the sources. Reuters reported in August that Trustar Capital was planning to raise a continuation fund that would allow the Chinese private equity firm to sell down its stake in McDonald's China. In contrast to McDonald's, U.S. meat and processed food maker Tyson Foods (TSN.N) plans to sell its China poultry business, sources have said.

Persons: Benoit Tessier, Chris Kempczinski, McDonald's, Carlyle, Trustar, Jim Sanderson, Reckitt, Kane Wu, Granth, Deborah Sophia, Roxanne Liu, Edwina Gibbs Organizations: REUTERS, HK, CITIC, Trustar, Northcoast Research, Reuters, Tyson Foods, Primavera Capital, Thomson Locations: Bretigny, Paris, France, China, Hong Kong, Macau, CITIC, U.S, McDonald's China, British, Bengaluru, Beijing

☆ 68-year-old engineer who's spent 50 years at one company regrets this mid-career mistake: 'It never, ever works out well'
▼ + stars: | 2023-11-21 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

Kip Turner, 68, has spent his entire 50-year career with AT&T working as an engineer. And despite his long tenure, he tells CNBC Make It he has often been one of the youngest people on his team. Turner first joined the company as a station installer in 1973 when he was 18 years old. "Be very confident when you challenge somebody, especially somebody that's 20 to 30 years older than you that's been doing the job for so long. "I made the mistake of embarrassing people in the past and it never, ever works out well."

Persons: Kip Turner, Turner, I've, I'm, that's Organizations: CNBC Locations: Faulkner County , Arkansas, Central Arkansas

☆ This is the No. 1 global city where expats thrive
▼ + stars: | 2023-11-21 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +1 min

A port city in the south of Spain has some of the happiest expats in the world, according to the latest Internations report on where people are thriving in their lives abroad. 1 city for expats this year, based on responses from over 12,000 individuals living in 172 countries or territories. Malaga is the best-rated city worldwide for local friendliness, where 89% of expats say the locals are particularly friendly toward foreigners, compared with 65% of expats who say the same globally. The coastal city is also known for its good weather, leisure options, affordable housing and manageable cost of living. Here are the top 10 cities where expats enjoy their new lives away from home:

Persons: expats Locations: Spain, Malaga, expats, Alicante, Valencia

☆ Foxconn's electric car unit falls in market debut amid tough industry outlook
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

A view of a Foxtron logo on a electric vehicle on display during the company's annual Tech Day in Taipei, Taiwan, October 18, 2022. REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Nov 20 (Reuters) - Shares in Foxtron Vehicle Technologies (2258.TW), a unit of Taiwanese contract manufacturer Foxconn (2317.TW), fell in their market debut on Monday, hurt by concerns over headwinds in the highly competitive electric vehicle market. Foxtron shares did recover some ground from earlier losses of as much as 9%, ending down 2.7% which gave it a market capitalisation of around $2.7 billion. Foxtron is a joint venture between Foxconn - the world's largest contract manufacturer for iPhones and other consumer electronics - and local car maker Yulon (2201.TW). Young Liu, chairman of both Foxtron and Foxconn, said, however, the company has a clear strategy for growth.

Persons: Ann Wang, Foxtron, Yulon . Young Liu, Liu, Foxconn, Terry Gou, Ben Blanchard, Faith Hung, Anne Marie Roantree, Navaratnam, Edwina Gibbs Organizations: Tech Day, REUTERS, Rights, Vehicle Technologies, Mega International Securities, Yulon, Thomson Locations: Taipei, Taiwan, Rights TAIPEI, Foxconn, North America, Southeast Asia, China

☆ China is experiencing 'dual track growth,' economist says
▼ + stars: | 2023-11-20 | 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 EmailChina is experiencing 'dual track growth,' economist saysPeiqian Liu, Asia economist at Fidelity International, discusses the uneven performance across the country's sectors and the need for a "proactive policy stance," which she says is already evident in some fiscal easing measures.

Persons: Peiqian Liu Organizations: China, Fidelity International Locations: Asia

☆ Renewed fighting in Myanmar has displaced 26,000 people since Monday, UN says
▼ + stars: | 2023-11-18 | by ( Chloe Liu | Lucas Liliehom | ) edition.cnn.com time to read: +2 min

CNN —Renewed fighting between the Myanmar Armed Forces (MAF) and the Arakan Army (AA) has displaced more than 26,000 people in the country’s western Rakhine state since Monday, according to the United Nations. More than 100 people have reportedly been detained by the MAF and five by the AA, it added. The most recent fighting began when the AA reportedly attacked two border posts near the Maungdaw township, which is near the border with Bangladesh. Most humanitarian activities have been suspended due to the fighting and “virtually all roads and waterways” between Rakhine townships have been blocked, the statement read. Whole villages have been burned down by junta soldiers and schools, clinics and hospitals destroyed in the attacks.

Persons: Min Aung Hlaing Organizations: CNN, Myanmar Armed Forces, Arakan Army, United Nations, United Nations Office, Humanitarian Affairs, AA, UN Locations: Rakhine, Myanmar, Maungdaw, Bangladesh

☆ China is helping the US deal with its massive fentanyl problem — sort of
▼ + stars: | 2023-11-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The US says China is a main source of materials for fentanyl that later ends up in America. The deal, which both leaders settled at the Asian-Pacific Economic Committee summit in San Francisco, would see Beijing assist Washington by regulating fentanyl precursors in China. The Drug Enforcement Administration has warned in recent years that China is a primary source for key ingredients in fentanyl. Advertisement"Focusing on China as the source of the problem has been because it's such an easy country to criticize," Ross said. For the Biden administration, the fentanyl deal has been an issue repeatedly pushed by US officials, Liu said.

Persons: —, Joe Biden, Xi Jinping, Zha Daojiong, Biden, Xi, Liu Zongyuan, Maurice R, Greenberg, Liu, Robert Ross, Ross, Eric Richardson, that's Organizations: Service, Pacific, Drug, Administration, Business, Peking University, pharma, of Foreign Relations, DEA, Boston College, UC Berkeley, INHR, United Nations, US, Bloomberg, Reuters, Forensic Public Security Institute Locations: China, America, San Francisco, Beijing, Washington, India, it's, Mexico, United, Europe, Xinjiang

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