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☆ 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

☆ Iran is stepping up its shadow war with Israel to boost its clout — but it could backfire
▼ + stars: | 2023-10-25 | by ( Tom Porter | ) www.businessinsider.com time to read: +8 min

But it appears wary of provoking a wider, regional war. As part of this covert war, Iran has funded and trained a network of militias stretching across the Middle East. Iran has threatened Israel with the prospect of a wider regional war if it invades Gaza, reported Al Jazeera. But Iran faces a dilemmaIranian officials have told Reuters that Iran faces a dilemma in its response to the Israel-Hamas war. "Iranian behavior is a key factor in whether this remains contained or spreads into a wider regional war.

Persons: —, Gaza Ilia Yefimovich, Israel, Trump, Trump administration's Abraham, Iran —, Tobias Borck, Al, Alex Vatanka, Abraham, Mahmud Abbas, Xi Jinping, Jade Gao, it's, Jonathan Fulton Organizations: Service, Hamas, CNN, dpa Israel, St, The New York Times, Trump administration's, Trump administration's Abraham Accords, Royal United Services Institute, Israel, Hezbollah, Reuters, US, West Bank, East Institute, Abraham Accords, of, People, The Atlantic Council Locations: Iran, Israel, Gaza, Lebanon, Saudi Arabia, Palestinian, Tehran, Saudi, Al Jazeera, China, Beijing

☆ China's quiet campaign to win over Middle Eastern countries has run into a problem Beijing isn't really ready to deal with
▼ + stars: | 2023-10-24 | by ( Paul Iddon | ) www.businessinsider.com time to read: +8 min

Until recently, 2023 looked to be a major year for Chinese outreach in the Middle East. Until this month, 2023 looked to be a landmark year for China's outreach to the Middle East. Zhai, China's Middle East envoy, began a tour of the region last week, stopping in Qatar first on October 19. "It's the kind of role we've played for the last half-century in the Middle East. Paul Iddon is a freelance journalist and columnist who writes about Middle East developments, military affairs, politics, and history.

Persons: —, Xi Jinping, Bashar Assad, Benjamin Netanyahu, Kim Kyung, Yoav Gallant, Ariel Hermoni, Zhai Jun, Wang Yi, Chuck Schumer, Xi, Nicholas Burns, Burns, Michael Singh, Abraham, Singh, Mahmud Abbas, Jade Gao, Alexus Grynkewich, Grynkewich, Abu Dhabi, ATTA KENARE, it's, Zhai, we've, Paul Iddon Organizations: Service, Initiative, Israeli, REUTERS, Saudi, UAE, Israeli Defense Ministry, Getty Images, Washington, The Washington Institute, White House, Israel, US Air Forces, Defense Writers, Huawei, Getty Locations: East, Beijing, Israel, China, Iran, Syria, Kuwait, Saudi Arabia, Gaza, Anadolu, Getty Images Beijing, Saudi, Egypt, UAE, Jordan, Iraq, Abu, AFP, Qatar, Palestine

☆ Shein, the fast fashion darling mulling a U.S. IPO, opens up about forced labor, data privacy
▼ + stars: | 2023-10-19 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +16 min

The committee is investigating Shein over concerns that Uyghur forced labor is being used in its supply chain and has gone undetected because of the de minimis provision. The committee has not yet drawn conclusions about forced labor in Shein's supply chain. When asked about claims of forced labor in Shein's supply chain, Claure told CNBC he doesn't "believe those allegations are correct." However, forced labor can still show up in other parts of the supply chain, said Chloe Cranston, the head of thematic advocacy programmes at Anti-Slavery International. In 2022, 11% of audits turned up "zero tolerance violations," including child labor, forced labor and wage violations, and 28 suppliers were terminated as a result, according to the company.

Persons: Elham Ataeiazar, Shein, Donald Tang, Matt Kennedy, they're, they've, Mike Gallagher, Elise Stefanik, Steve Scalise, Chip Somodevilla, we're, Marcelo Claure, Claure, Ralph Lauren, Rupert Hodges, Oritain, Chloe Cranston, Cranston, It's, it's, Shang, Jin Wei, Wei, Austin Knudsen, Chris Xu, Jade Gao, Knudsen, Gary Gensler Organizations: Wall, Bear, Chinese Communist Party, U.S, Renaissance Capital, CNBC, Bloomberg, Nike, Adidas, Republican National Committee, Washington , D.C, D.C, Target, Costco, Visual China, Getty, Workers, Columbia University's, Communist, CCP, Microsoft, AFP, U.S . Securities, Exchange Locations: Bear Stearns, U.S, China, Beijing, Xinjiang, Washington ,, Washington, Singapore, Nanjing, United States, Chinese, Guangzhou, Brazil, Turkey, India, Mexico, Montana

☆ China seeking quick end to Israel-Hamas conflict - Xi
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +1 min

[1/2] Chinese President Xi Jinping makes a speech during a reception dinner at the Great Hall of the People ahead of China's National Day in Beijing, China on September 28, 2023. Xi also said a ceasefire was "imperative" as soon as possible to prevent the conflict from expanding, or spiralling out of control, the state media said. China supports Egypt's efforts to let in humanitarian aid to Gaza, state media quoted Xi as telling Madbouly. Separately, Xi also said China was willing to work with Egypt to strengthen cooperation in infrastructure, agricultural technology, and renewable energy, adding that he will also encourage capable Chinese enterprises to invest there. Reporting by Liz Lee and Beijing newsroom; Editing by Kim Coghill and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Xi Jinping, Jade Gao, Xi Jingping, Xi, Mostafa Madbouly, Liz Lee, Kim Coghill, Miral Organizations: of, Rights, Hamas, United, Thomson Locations: Beijing, China, Rights BEIJING, Israel, Gaza, Egypt, Egypt's

☆ Esports made their 'tense and exciting' debut at this year's Asian Games
▼ + stars: | 2023-10-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

Esports, or professional video gaming, were an official sport at the Asian Games for the first time. AdvertisementAdvertisementEsports, or competitive video gaming, debuted as an official event at this year's Asian Games in Hangzhou, China that concluded earlier this month. Due to the event's popularity, esports tickets were sold on a lottery basis, with more than five million entering the ballot, according to Hangzhou Asian Games data. We're excited to see the landscape of esports events around the world expand," said John Robinson, president of US esport organization 100 Thieves. The Olympic Esports Series is "a global virtual and simulated sports competition created by the IOC, and in collaboration with International Federations and game publishers."

Persons: —, esports, Chris Liu, Liu, Esports, JADE GAO, John Robinson, Kim Gwanwoo, WANG ZHAO, Matt Woods, AFK, Grant Rousseau, " Rousseau Organizations: Asian Games, of, EA Sports FC Online, Singapore, Service, Professional, EA Sports FC, South Korea, Team Malaysia, China, Xinhua News Agency, South, Associated Press, Fighter, Getty, Olympic, IOC, International Federations, Guardian, Team Falcons Locations: Hangzhou, China, Thailand, Wuxi, esports, Asia, Pacific, US, South Korea, AFP, Los Angeles

☆ China's Xi spurs efforts in core technologies -state media
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

Chinese President Xi Jinping attends a reception dinner at the Great Hall of the People ahead of China's National Day in Beijing, China on September 28, 2023. Jade Gao/Pool via REUTERS/File Photo Acquire Licensing RightsBEIJING, Oct 12 (Reuters) - China's President Xi Jinping has called for speeding up efforts to make breakthroughs in core technologies, state media reported on Thursday, amid tensions with the United States. During a speech on promoting the development of the Yangtze River economic belt, Xi also reaffirmed the goal of modernising China's supply chains, developing advanced manufacturing and strategic emerging industries, state media said. Faced with increased technology curbs imposed by the United States, President Xi has repeatedly stressed the need for self-reliance in technology to curb the use of foreign technology. Provinces and cities along the Yangtze River must shoulder the responsibility for food, energy security as well as supply chain security, state media quoted Xi as saying.

Persons: Xi Jinping, Jade Gao, Xi, Kevin Yao, Jason Neely, Sharon Singleton Organizations: of, Rights, Beijing, Thomson Locations: Beijing, China, Rights BEIJING, United States, Provinces

Most of the people participating in the trend are in their 20s, citing various reasons for quitting ranging from low wages to burnout. LiangAccording to China’s LinkedIn equivalent Maimai, out of 1,554 employees across various sectors surveyed from January through October 2022, 28% resigned that year. A similar movement, dubbed the Great Resignation, had taken off in the United States, with almost 50 million people quitting their jobs in two years. Despite the proliferation of higher education degrees, China’s economy doesn’t currently require as many high-skilled workers and it takes time to transform the economic structure, she said. The resignation trend could affect fertility, but it’s not yet clear how, she said.

Persons: Hong Kong CNN —, Liang, “, ”, Nancy Qian, they’ve, Jade Gao, Qian, ” Qian, Yao Lu, Veyron Mai, ” Lu, Young Organizations: Hong Kong CNN, CNN, ” CNN, Northwestern University’s Kellogg School of Management, Getty, Ministry of Education, Columbia University, University Locations: China, Hong Kong, China’s Zhejiang, United States, West, Beijing, AFP, Yibin, Foshan, Taizhou

☆ US, China talks gather momentum, paving way for Xi-Biden Summit- WSJ
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +1 min

Chinese President Xi Jinping attends a reception dinner at the Great Hall of the People ahead of China's National Day in Beijing, China on September 28, 2023. Jade Gao/Pool via REUTERS Acquire Licensing RightsSept 28 (Reuters) - Beijing and Washington are paving the way for Chinese President Xi Jinping to visit the U.S., the Wall Street Journal reported on Thursday. Both sides are discussing a trip to Washington by Xi’s top economic-policy aide, Chinese Vice Premier He Lifeng, the report said citing people briefed on the matter. Lifeng would be the most senior official to travel to the U.S. since President Biden took office, WSJ said, adding that planning is also under-way for China's top diplomat and foreign minister Wang Yi to visit Washington in October to prepare for a Xi summit with Biden. Reporting by Mrinmay Dey in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Xi Jinping, Jade Gao, Lifeng, Biden, Wang Yi, Mrinmay Dey Organizations: of, REUTERS Acquire, Wall Street, Biden, Thomson Locations: Beijing, China, Washington, U.S, Bengaluru

☆ China's Xi, not premier, delivers National Day speech in break with convention
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

[1/5] Chinese President Xi Jinping toasts to guests during a reception dinner at the Great Hall of the People ahead of China's National Day in Beijing, China on September 28, 2023. Since assuming the office of president in March 2013, Xi has previously delivered a speech twice at the annual reception, usually held on the eve of National Day on Oct. 1. The first time Xi delivered it was in 2014 during a reception with over 3,000 guests, far more than the 1,200 normal at that time. In 2019, Xi again delivered a speech at the reception, which that year marked the 70th anniversary of the founding of the People's Republic of China. At Thursday's reception, Xi told his guests that China must continue to climb over "obstacles" as his current premier, Li Qiang, listened intently at his banquet table, according to footage aired by China's national broadcaster.

Persons: Xi Jinping toasts, Jade Gao, Xi Jinping, Xi, Li Shangfu, Li Qiang, intently, Ryan Woo, Hugh Lawson Organizations: of, REUTERS Acquire, Rights, China's, Thomson Locations: Beijing, China, Rights BEIJING, People's Republic of China

☆ China's 1.4 billion population isn't enough to fill the country's empty homes, former official says
▼ + stars: | 2023-09-24 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

A former Chinese official said the country's entire population couldn't fill its empty homes. He Keng said China's 1.4 billion population was likely insufficient to fill all its vacant houses. AdvertisementAdvertisementChina has long relied on real-estate development as a safe investment to bolster economic growth. Today, farmers have taken over the ghost town, plowing the land and letting cattle roam free around the empty mansions. But by 2016, its population was only around 100,000, and it has been described as "the largest ghost town in the world."

Persons: Keng, Evergrande, that's, Li Gan, Shenyang . Jade Gao Organizations: Service, Reuters, China News Service, Texas, M University, Greenland Group, Getty, Nikkei Locations: China, Wall, Silicon, France, City's, Shenyang, Shenyang ., AFP, Mongolia, Inner Mongolia, Ordos, Nikkei Asia

☆ China launches 'unprecedented' crackdown on its healthcare industry amid economic woes
▼ + stars: | 2023-08-24 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

CNN —China has launched a sweeping anti-corruption campaign targeting its hospitals, pharmaceutical industry and insurance funds as it grapples with mounting economic challenges and long-standing public frustration about high costs in the behemoth healthcare sector. Some areas have set up hotlines for phoning in tips about corruption in the sector, according to state media. At least one state media report has described the campaign as “unprecedented in the depth, breadth and intensity” of targeting the healthcare sector. Despite wide health insurance coverage, absolute costs of healthcare can be a heavy burden for many in China. “Given the economic slowdown and the shrinking fiscal revenue, the debt-ridden local governments really don’t have the capabilities to invest more in the medical sector and corruption continues to be an issue,” said Huang.

Persons: That’s, Xi Jinping, Ren Jianming, Yanzhong Huang, ”, Huang, Jade Gao, Xi Chen, ” Chen, Winning Health Technology Group’s, Zhou Wei, Sun Ningling, ” “ Organizations: CNN, behemoth, Communist Party, China News Service, Center for Integrity Research, Education, China’s Beihang University, Publishing, Council, Foreign Relations, Getty Images, Yale School of Public Health, Getty, Health Commission, NHC, Central Commission, CSI, Reuters, Shanghai Serum, Winning Health Technology, Peking University People’s Hospital Locations: China, Yunnan, Shanghai, Beijing, Zhejiang, United States, New York, AFP, Guangzhou, Shenzhen

☆ Automakers are finally embracing lidar sensors. A few startups look like market-share winners
▼ + stars: | 2023-08-18 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +6 min

In this article INVZLAZROUSTINVZLAZROUST Follow your favorite stocks CREATE FREE ACCOUNTA Hesai lidar sensor on top of a vehicle in Shenzhen, China, July 10, 2022. Jade Gao | AFP | Getty ImagesFor investors in lidar startups, this has been a long time coming. After years of talk — and a SPAC boom in the sensor sector — automakers have finally started incorporating lidar units into their vehicles. Lidar, short for light detection and ranging, is a sensor technology that uses invisible lasers to create a detailed 3D map of the sensor's surroundings. Playing into investors' intense interest in self-driving technology, many lidar startups went public via mergers with special purpose acquisition companies, or SPACs, over the last few years.

Persons: LAZR, INVZ LAZR, Jade Gao, They're, Luminar, —, Omer Keilaf, Keilaf, Innoviz, Austin Russell, Russell, we'll, Tom Fennimore Organizations: AFP, Getty, BMW, Volkswagen, Refinitiv, Volvo, Polestar, Benz, Luminar Technologies, Bloomberg Locations: Shenzhen, China, Germany, U.S, SPACs, Orlando , Florida

Xinhua/Shutterstock‘Absolutely safe’As heavy rains moved toward the region in late July, China’s top flood control officials met to hash out their response plan. The flood was caused by flood water discharge, not by heavy rainfall.”CNN has reached out to the Zhuozhou and Bazhou governments for comment. Rescuers use rubber boats to transfer Zhuozhou residents trapped by flood waters after days of downpours brought by Typhoon Doksuri on August 2. In the recent rains, at least three upstream reservoirs released flood waters into rivers flowing into Baiyingdian from the west and the south, according to state media. Many countries have systems that involve discharging pent up flood waters into otherwise dry land after major storms.

Persons: Xi Jinping, Xi’s, ”, It’s, Xiong’an, Jade Gao, Ni Yuefeng, downpours, Typhoon Doksuri, Zhai Jujia, Li Guoying, Hongzhang Xu, Xiao, Li Na, Zhu Xudong, it’s, Xiong’an –, Xu, Baiyangdian Lake, Kevin Frayer, “, Meili Feng, Simon Song, Deng Xiaoping, Jiang Zemin, Xu Kuangdi, Yi Haifei, Andrew Stokols Organizations: CNN, Xinhua, Getty, Censors, China News Service, China’s, Water, Australian National University, Authorities, China’s Ministry of Water Resources, Hebei Provincial Department of Water Resources, Geographical Sciences, University of Nottingham, Shanghai’s Pudong New, Chinese Academy of Sciences, Urban Computing Center Locations: Beijing, China, Hebei, Xiong’an’s, Xiong'an, Zhuozhou, AFP, Bazhou, Xiong’an, Tianjin, ”, Xinhua, Baiyingdian, Baiyangdian, Mississippi, University of Nottingham Ningbo, “, Hebei province, Shenzhen, Shanghai’s Pudong, Shanghai

☆ New Zealand says it is aware of China-linked intelligence activity in country
▼ + stars: | 2023-08-10 | by ( Lucy Craymer | ) www.reuters.com time to read: +3 min

JADE GAO/Pool via REUTERS/File PhotoWELLINGTON, Aug 11 (Reuters) - New Zealand is aware of intelligence activity linked to China in and against the island nation and the Pacific region, it said in a report released on Friday. "This is a complex intelligence concern for New Zealand," the New Zealand Security Intelligence Service (NZSIS) said in the annual report. The report also highlighted "foreign interference" activity from Iran and Russia. The report added that, more broadly, the international security environment in which New Zealand operates is now more challenging and less predictable than in recent decades. The intelligence report also noted that technological innovation, global economic instability and declining social trust also posed threats.

Persons: Chris Hipkins, Premier Li Qiang, JADE, Alexei Navalny, Andrew Hampton, NZSIS, Lucy Craymer, Richard Chang, Muralikumar Organizations: Zealand, Premier, of, People, JADE GAO, New Zealand, New Zealand Security Intelligence Service, New, Russian Embassy, Thomson Locations: Beijing, New Zealand, China, New, Wellington, Australia, Britain, Canada, United States, Iran, Russia, Iranian, Russian

☆ How to pick the coolest clothing for a heat wave
▼ + stars: | 2023-08-06 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

As the planet warms, experts say picking the right clothing to beat the heat will be critical to your health and well-being. Allow sweat to evaporateHumans are designed to self-regulate body temperature by radiating heat directly off the skin and by sweating. “But while you’re exercising, it would be a great choice.”At this time, however, no wardrobe choices can protect the body from really intense heat, Katta said. “The National Weather Service has done a great job of emphasizing the heat index, which considers both heat and humidity, and I think it’s really important,” Katta said. “We can create textiles, clothing and accessories as a form of health, for medicine, for human comfort,” Hu said.

Persons: ”, Rajani, it’s, Prabu, “, Katta, Petros Giannakouris, ” Katta, wicks, Dr, It’s, Jinlian Hu, Hu, Jade Gao, ” Hu Organizations: CNN, American Academy of Dermatology, Tourists, Skin Cancer, National Weather Service, City University of Hong, university’s, Healthcare, Getty Locations: Houston, Athens, Greece, City University of Hong Kong, Beijing, AFP

Evacuated residents have been transferred to makeshift shelters in hotels and schools, according to state media reports. A woman sits next to a flooded road following heavy rains in Zhuozhou, in northern China's Hebei province on August 2, 2023. Jade Gao/AFP/Getty ImagesFlood control zonesSome 857,000 people have been relocated from these areas, state media reported. Under national rules, the cost of properties damaged due to the release of waters in flood control areas will be compensated by 70%. Floods inundate a village in Baoding city, Hebei province, on August 2, 2023.

Persons: Typhoon Doksuri, Jade Gao, ” Yang Bang, Yang, Ni Yuefeng, “, –, Cheng Xiaotao, Shao Sun, Sun, ” Organizations: Hong Kong CNN, Ministry of Water Resources, Getty, University of California, CNN, Sun Locations: Hong Kong, China’s Hebei province, Beijing, Tianjin, Hebei, Zhuozhou, China's Hebei, AFP, Hebei province, “, ”, Baoding, –, China, University of California Irvine, North China

☆ Check out a ghost town of deserted Chinese mega-villas built for multimillionaires that's now overrun by farmers and left to rot
▼ + stars: | 2023-07-24 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Chinese farmers have moved into a cluster of abandoned villas in China to grow crops and rear cattle. Jade Gao/AFP via Getty ImagesThe half-built villas are now overrun by local farmers, who plow the land and plant crops on the overgrown lawns of abandoned villas. Local farmers now plow the land of the abandoned development. Jade Gao/AFP via Getty ImagesThe insides of the buildings look post-apocalyptic too, like shots straight out of "The Last of Us." Shenyang's ghost villas are just one of many "rotten" real estate projects across China's urban landscapeThe interior of a deserted housing sales building.

Persons: Jade Gao, —, riche, Guo, who's, Li Gan, Gan Organizations: Twitter, Service, AFP, Greenland Group, Getty, Getty Images, Texas, M University, Survey, Research Center, China Household Finance, Chengdu's Southwestern University of Finance, Economics Locations: China, AFP, Weibo, Wall, Silicon, Shenyang, China's, Liaoning province, Greenland, Evergrande, Li

☆ China's President Xi meets with Henry Kissinger in Beijing
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] China's President Xi Jinping attends a signing ceremony with Palestinian President Mahmud Abbas (not pictured) at the Great Hall of the People in Beijing , China June 14, 2023. JADE GAO/Pool via REUTERS/File photoBEIJING, July 20 (Reuters) - China's President Xi Jinping met with veteran U.S. diplomat Henry Kissinger in Beijing, state media reported on Thursday. He met with Xi at the Diaoyutai State Guesthouse, CCTV reported. Washington said it was aware of Kissinger's trip to China this week, but noted he was not acting on behalf of the U.S. government. Reporting by Bernard Orr; editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

Persons: Xi Jinping, Mahmud Abbas, JADE, Henry Kissinger, Xi, Kissinger, Wang Yi, Li Shangfu, Beijing Kissinger, Richard Nixon, Gerald Ford, Washington, Bernard Orr, Christian Schmollinger Organizations: of, People, JADE GAO, U.S, ., Thomson Locations: Beijing, China, BEIJING, Diaoyutai State, Washington

☆ New Zealand signs range of pacts with China
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: 1 min

[1/5] Chinese Premier Li Qiang and New Zealand Prime Minister Chris Hipkins shake hands during a signing ceremony at the Great Hall of the People in Beijing on June 28, 2023. JADE GAO/Pool via REUTERSSYDNEY, June 28 (Reuters) - New Zealand said on Wednesday it had signed a range of cooperative arrangements with China on trade, agriculture, forestry, education, and science and innovation. New Zealand Prime Minister Chris Hipkins and Chinese Premier Li Qiang also discussed the Indo-Pacific region, tensions in the South China Sea and Taiwan Strait, Wellington said in a statement. Reporting by Lewis Jackson in Sydney, editing by Alasdair PalOur Standards: The Thomson Reuters Trust Principles.

Persons: Li Qiang, Chris Hipkins, JADE, Lewis Jackson, Alasdair Pal Organizations: Zealand, of, People, JADE GAO, REUTERS, Thomson Locations: Beijing, REUTERS SYDNEY, New Zealand, China, South, Sea, Taiwan Strait, Wellington, Sydney

[1/6] China's President Xi Jinping and Palestinian President Mahmud Abbas attend a signing ceremony at the Great Hall of the People in Beijing, China June 14, 2023. JADE GAO/Pool via REUTERSBEIJING, June 14 (Reuters) - China is willing to play a positive role to help the Palestinians achieve internal reconciliation and promote peace talks with Israel, Chinese President Xi Jinping told his Palestinian counterpart in Beijing on Wednesday. "The fundamental solution to the Palestinian issue lies in the establishment of an independent Palestinian state based on the 1967 borders with East Jerusalem as its capital," Xi said, according to Chinese state media. Abbas heads the Palestinian Authority that exercises limited self-rule in the West Bank and negotiated with Israel. On Tuesday, Chinese Foreign Minister Qin Gang offered to contribute "Chinese wisdom" to the "Palestinian issue" in a separate meeting with Palestinian counterpart Riyad al-Maliki.

Persons: Xi Jinping, Mahmud Abbas, JADE, Xi, Israel, Abbas, Antony Blinken, Qin Gang, Riyad al, Joe Cash, Mark Heinrich Our Organizations: of, People, JADE GAO, REUTERS, West, West Bank, U.S, United Nations General Assembly, Palestinian Authority, United Nations, United, Security, Foreign, Palestinian, Maliki, Thomson Locations: Beijing, China, REUTERS BEIJING, Israel, East Jerusalem, West Bank, Gaza, Jerusalem, United States, People . China, Iran, Saudi Arabia, Palestinian, New York, Wuhan, Ramallah

☆ What one key business indicator is saying about China's consumer recovery
▼ + stars: | 2023-06-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

"For 618, generally of course brands will be trying, but compared to before it's a bit more tired," said Ashley Dudarenok, founder of ChoZan, a China marketing consultancy. In the first quarter, the median disposable income of urban residents in China was officially 12,175 Chinese yuan ($1,739), up 3.9% from a year ago. A focus on affordabilitySluggish economic growth and uncertainty about future income have weighed on Chinese consumer spending since the Covid-19 pandemic. watch nowBrands are keen to spend more on ByteDance's Douyin, likely taking away from ad spending on Alibaba's Taobao and Tmall e-commerce platforms, Oliver Wyman's Xie said. And for brands spending on Douyin, he said the return on investment per ad dollar was getting lower.

Persons: Jade Gao, Ashley Dudarenok, Dudarenok, let's, Microsoft's Bing, Dave Xie, Oliver Wyman, Douyin, Oliver Wyman's Xie, ByteDance isn't, doesn't, Pinduoduo, Sun Hao, Sun, didn't, Trip.com, Kelly Shi Organizations: Afp, Getty, Baidu, Retail, Brands, Growth, Nestle, Netflix Locations: Beijing, BEIJING, China

☆ Is China heading for Japan-like stagnation? Economist says the worst is likely behind us
▼ + stars: | 2023-06-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Jade Gao | Afp | Getty ImagesBEIJING — China's economic recovery from the pandemic is set to broaden, meaning the country isn't headed toward Japan-style stagnation just yet, according to Macquarie's Chief China Economist Larry Hu. The meeting, led by Premier Li Qiang, noted the foundation of China's economic recovery is not yet solid. Similar, but not the same as, Japan"While the worst is behind us, the recovery is far from being self-sustaining," Macquarie's Hu said. Stock Chart Icon Stock chart icon iShares MSCI China ETF"The absence of a self-sustained recovery in China today is mainly a cyclical, not structural, phenomenon," Hu said. The iShares MSCI China ETF is down by about 4% so far this year.

Persons: Jade Gao, Larry Hu, Hu, Macquarie, China's, Premier Li Qiang, Macquarie's Hu, Japan's Organizations: Afp, Getty, BEIJING, China, State Council, Premier, Companies Locations: Beijing, Japan, China

☆ I'm a private jet broker who arranges $500,000 honeymoon flights and $60,000 pet rescues
▼ + stars: | 2023-06-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +6 min

Dan Cook is the director of sales at Victor, a private jet charter company. This as-told-to essay is based on a conversation with Dan Cook, sales director at Victor. Elon Musk boards a private jet in Beijing. Jade Gao/Getty ImagesIn some cases, like a medical emergency, the private jet could be the difference between that person living or dying. There are clients replacing 100% of the fossil fuel with sustainable fuel.

Persons: Dan Cook, Victor, I'm, you'd, Gulfstream We've, Elon, Jade Gao, COVID Organizations: Victor, Private, Gulfstream G400, Gulfstream Locations: London, New York, Europe, Riyadh, Beijing

☆ Elon Musk says his Shanghai factory makes the ‘highest quality’ Teslas
▼ + stars: | 2023-06-02 | by ( Laura He | ) edition.cnn.com time to read: +4 min

It was the first time Musk has visited the country since January 2020, when a video of him dancing onstage at Tesla’s Shanghai factory went viral. Before leaving, Musk met Chen Jining, the Communist Party chief of Shanghai, according to a statement by the city government. Musk praised the success of Tesla’s Shanghai facility — which opened in 2019 — and said he was hoping to work more with the city in various areas, the statement said. In 2022, the company delivered 1.31 million vehicles globally, more than half of which were from Shanghai, according to its financial results. “Congratulations to Giga Shanghai & Tesla China SDS teams for their excellent work overcoming many obstacles over many years!!

Persons: Hong Kong CNN —, Elon Musk, Musk, Chen Jining, Chen, Tesla, —, Variflight, ”, “, ” Musk, “ It’s, ” “, Elon, Jade Gao, Qin Gang, didn’t, Zeng Yuqun Organizations: Hong Kong CNN, Communist Party, Beijing Capital International Airport, Getty, Financial Times, Twitter, Giga Shanghai, Tesla China SDS, EV, CNN Locations: Hong Kong, China, Shanghai, Shanghai’s Hongqiao, Beijing, AFP, United States, Weibo

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