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☆ Apple is losing ground in China. Here's how the iPhone 16 can help.
▼ + stars: | 2024-09-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Wang Gang/Getty ImagesIt's worth noting that in its 15-year history with the iPhone in China, Apple has been the dominant force in the smartphone market. Other local smartphone manufacturers, including Honor, Xiaomi, and Vivo, have also seen gains over the past year. The upcoming iPhone 16 will introduce users to Apple Intelligence, its new suite of generative AI features, first introduced at its June Worldwide Developers Conference. Apple is betting on Apple Intelligence to boost iPhone sales. The company is seeking a local partner to bring more advanced chatbot features to Apple Intelligence in China.

Persons: —, Tim Cook, It's, Wang Gang, Apple, Xiaomi, Cook, ChatGPT, Wedbush, Paolo Pescatore Organizations: Service, Apple, Weibo, Business, China Apple, Huawei, Pura, Apple Intelligence Apple, Apple Intelligence, Foresight Locations: China, Shanghai, He'll, Cupertino

☆ China economy: Young people in China aren’t spending on romance. That’s a problem
▼ + stars: | 2024-08-13 | by ( Chris Lau | Hassan Tayir | ) edition.cnn.com time to read: +7 min

“The Qixi Festival is not as robust as previous years. Couples attend a kissing contest during the traditional Qixi festival in Shenyang, northeast China's Liaoning province, on August 13, 2013. “The only part of the world where consumer confidence remains very low is China,” L’Oreal CEO Nicolas Hieronimus told analysts on an earnings call late last month. Lower-than-expected growth in the global beauty sector this year is largely a consequence of low consumer confidence in China, he added. People take photos at a bus stop decorated with flowers during Qixi Festival, or Chinese Valentine's Day, on August 22, 2023 in Chongqing, China.

Persons: China’s, Louis Vuitton, ”, forlornly, Huang Jinkun, Alfred Wu, Lee, “, Yeap Jun Rong, Xi Jinping, Peng Liyuan, Stringer, De Beers, That’s, Niulang, Nicolas Hieronimus, Joanne Wilson, didn’t, ” Mercedes, Ola Kaellenius Organizations: Hong Kong CNN, Weibo, CNN, Qixi, Lee Kuan Yew, of Public, National University of Singapore, Volkswagen, Ministry of Civil Affairs, Getty, Diamond, State Administration of Foreign Exchange, Global, WPP, China News Service, Mercedes, ” Mercedes Benz Locations: China, Hong Kong, Shenyang, Liaoning province, Beijing, China's Liaoning province, AFP, Chongqing

☆ China celebrates historic Olympic gold medal tie with US after neck and neck battle
▼ + stars: | 2024-08-12 | by ( Nectar Gan | Hassan Tayier | ) edition.cnn.com time to read: +5 min

China has become one of the world’s most competitive sporting nations in recent decades, seeing its Olympic performance as a symbol of national strength. In 2008, it topped the gold medal table at the Beijing Games, surpassing the US for the first time. In Paris, the Chinese team appeared on course to top the medal table as it built up a sizable early lead over Team USA, thanks to its domination in shooting and diving. On microblogging site Weibo, the hashtag “China tied for first place on the gold medal leaderboard” became the top trending topic, racking up more than 500 million views. “We won every gold medal square and fair!” said a top comment with over 28,000 likes.

Persons: –, ’, ”, “, WADA, CHINADA, Erriyon Knighton, Knighton, ” “ Organizations: Hong Kong CNN, US, Beijing Games, Team USA, Soviet Union, Times, Olympics, Communist Party, Tokyo, Doping Agency, Tokyo Games, New York Times, ARD, Games, Embassy Locations: Hong Kong, China, United States, Paris, Soviet, Weibo, Taiwan, Taipei, British, Beijing, Washington, CHINADA, Los Angeles, USA

☆ Flags banned, signs ripped up: Why you can’t mention Taiwan at the Olympics
▼ + stars: | 2024-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +7 min

At Paris 2024, Taiwan’s red and blue flag is banned, as is the name “Taiwan” and its anthem. Security staff confiscated a "Taiwan" towel from a fan during the men's doubles badminton semi-final last week. Taiwan is a self-governing democracy that competes as “Chinese Taipei,” an attempt to participate in the Olympics without angering mainland China. That included the women’s team table tennis quarterfinal between Chinese Taipei and China that NBC News attended Wednesday. “Taiwan Independence, go to die.”“Motherland will retake Taiwan tomorrow, okay?” said another, referring to China.

Persons: Taiwan’s Lee Yang, Wang Chi, Liang Weikeng, Wang Chang, “ Let’s, Arun Sankar, Taiwan ”, Taiwan’s Chou Tien Chen, India’s Lakshya Sen, ”, Ann Wang, “, Xi Jinping, Aytac Unal, Mark Adams, Mao Zedong’s, China’s Wang Manyu, Chien Tung, chuan, Wang Zhao, Chiang, Yu Tsing Lin, Chen Szu, Lee Yang Organizations: PARIS, Security, Getty, Taiwanese Ministry of Foreign Affairs, Olympics, Chinese Foreign Ministry, Games, Olympic, Chinese Communist Party, International Olympic Committee, NBC News, IOC, Anadolu, Nationalist, Mao Zedong’s Communists, Taiwan, Paris Games, Taipei women’s, Weibo, Taipei House Locations: Taiwan, Beijing, Russia, Belarus, Ukraine, Tokyo, Paris, China, Taipei, U.S, Republic of China, Formosa, AFP, London, Taiwan Independence

Hong Kong CNN —Presumptive Democratic presidential nominee Kamala Harris’ running mate has a decades-long connection with China. “I remember waking up and seeing the news on June 4 that the unthinkable had happened,” Walz told Voice of America in an interview in 2014. The newlyweds spent their honeymoon taking students on two-week tours in China for sightseeing and classes on culture, education and history. In Chinese nationalist circles, which have an outsized voice on policy debates in China, there are no rosy illusions about Walz. The hashtag “Harris’ VP pick once taught in China” racked up 15 million views on microblogging site Weibo.

Persons: Hong Kong CNN —, Kamala Harris ’, Tim Walz, Walz, ”, Dalai Lama, Joshua Wong, Shen Dingli, ” Shen, ’ Walz, “, Mao Zedong, Deng Xiaoping, ” Walz, Gwen, Cara Roemhildt, ” Roemhildt, Jeff Widener, ’ ”, Liu Dongshu, Liu Xiaobo, Lobsang Sangay, ” Tim Walz, X, Hong Kong’s, Wong, ” Jeffrey Ngo, “ Walz, ” Ngo, ” Shen Yi, “ We’re, ” Stephen Roach, Morgan Stanley Asia, Harris, Eric Fish, Hong Kong's, Joshua Wang, George H, Bush, Bush’s, there’s, Liu, “ Harris, China ”, –, Xi Jinping, “ Heh, I’ve, they’re Organizations: Hong Kong CNN, Democratic, United States ’, Republican, Communist Party, Star, Herald, CNN, Harvard University, Paramount, America, “, of, People, Associated, Congressional, Commission, City University of Hong, Hong, Hong Kong Human Rights, Democracy, White Locations: Hong Kong, China, Beijing, Minnesota, Tiananmen, Nebraska, Shanghai, Foshan, Guangdong, America, Congress, City University of Hong Kong, Tibet, Dalai, Washington, “, South China, Weibo

☆ How ‘special forces travelers’ are making – and then breaking – Chinese tourism destinations
▼ + stars: | 2024-08-06 | by ( Chris Lau | Hassan Tayir | ) edition.cnn.com time to read: +6 min

The previously nondescript city in the eastern Chinese province of Shandong became one of China’s hottest spots for domestic tourism last year thanks to its affordable and juicy skewered meat. They’re known as “special forces travelers” because, like soldiers, they move from one checkpoint to another under incredibly tight schedules, often over weekends or short holidays. For the first half of this year, 29.22 million foreign nationals entered and exited, according to the latest figures. But the flash-mob-style approach of “special forces travelers” – switching from one community to the next – has called into question whether that type of domestic tourism is sustainable in the long term. Pan Wenbo, also from Beijing, said his favorite spots included Xi’an, home of the Terracotta Warriors, and Datong, a northern Chinese city known for ancient Buddhist architecture - both offering more affordable accommodation and food.

Persons: ” Zibo, Cici Li Yuetong, “, ”, Li, ” Li, Pan Wenbo, Jiumei, Yang ”, Yang, Mimi Li Organizations: Hong Kong CNN, National Immigration Administration, University, Cici, Warriors, China News Service, CNN, Labor, Hong Kong Polytechnic University Locations: Hong Kong, Zibo, Shandong, Beijing, China, Datong, Gansu, Tianshui City, Gansu Province, Weibo, Hong

☆ One of China’s Most Talkative Nationalists Suddenly Goes Silent
▼ + stars: | 2024-08-06 | by ( Chris Buckley | ) www.nytimes.com time to read: +1 min

One of China’s most influential, and garrulous, nationalist voices on social media has suddenly gone quiet, and the country’s internet is wondering why. But in late July, Mr. Hu stopped updating his page, baffling readers and gratifying some of his critics. Mr. Hu has not explained his silence; nor have China’s internet authorities. But many in China think he has been censored, pointing to signs that party officials may have been irked — paradoxically — because Mr. Hu lauded them in the wrong way. In Mr. Hu’s view, the party used phrasing in its plan for the economy that suggested that China would reduce the status of state-owned companies, giving private companies a big boost.

Persons: Hu Xijin, Hu, Mr, Hu’s Organizations: Global Times, Communist Party, Sina Weibo, Weibo Locations: China

☆ Pan Zhanle: China’s internet explodes with pride at ending US swimming 4x100m medley relay reign
▼ + stars: | 2024-08-05 | by ( Nectar Gan | Hassan Tayier | ) edition.cnn.com time to read: +6 min

This is China’s second gold in swimming at the Paris Olympics, following Pan’s record-setting win last Wednesday. In China, many social media users saw the Chinese swim team’s historic win in the relay as a resounding vindication. The hashtag “Pan Zhanle’s stunning reversal” racked up more than 500 million views, as did another hashtag about the relay gold medal. Pan, who turned 20 on Sunday, called the team gold medal his birthday present. The Chinese swim team is always the best!”Pan also won fans for his confidence and candidness.

Persons: Pan Zhanle, Pan, WADA, –, “, ”, Pan’s, Christian Liewig, Brett Hawke, Adam Peaty, we’ve, I’ve, ” Peaty, you’ve Organizations: Hong Kong CNN, Olympics, Team USA, Paris, Tokyo, China’s, Doping Agency, Tokyo Games, New York Times, ARD, Paris Olympics, Australian Olympic, British, Reuters Locations: China, Hong Kong, States, Beijing, Weibo, Paris, Australian

☆ China moon samples reveal water molecules in groundbreaking discovery, scientists say
▼ + stars: | 2024-08-05 | by ( Jessie Yeung | ) edition.cnn.com time to read: +9 min

NASA and Indian spacecraft have spotted what they believe to be water on the moon’s surface, and Chinese scientists last year found water trapped in glass beads strewn across the moon. But people didn’t always know there was water on the moon, though scientists theorized about its existence for hundreds of years. “I think it has lots of potential, this new finding that we can extract molecular water directly from lunar soils,” Qian said. After the latest study, many Weibo users raised the possibility of growing plants or crops on the moon using the molecular water found in soil. “We can’t work behind closed doors – it would be best to attract all of their scientists to China,” one wrote.

Persons: China’s Chang’e, ”, David A, Ren Junchuan, Yuqi Qian, didn’t, NASA’s, Luna, Qian, ” Qian, “, Xi Jinping’s, it’s, ” Kring, hasn’t, Bill Nelson, Weibo Organizations: Hong Kong CNN, NASA, Indian, Planetary Institute, University of Hong, China National Space Administration, Xinhua, CNN, “, International Space, Weibo Locations: China, Hong Kong, ULM, Texas, Xinhua, University of Hong Kong, Soviet, SOFIA, United States

The team has been under a cloud of suspicion since The New York Times reported in April that 23 swimmers tested positive for a banned heart drug before the 2021 Tokyo Games. The issue has also prompted a diplomatic spat between the U.S. on one side and China, the International Olympic Committee (IOC) and the World Anti-Doping Agency (WADA) on the other. "Chinese swimmers are clean and have never feared testing," the spokesperson said. Adam Pretty / Getty ImagesThe impact of testing aside, Chinese swimmers are also worried the situation could affect their once-friendly exchanges with foreign competitors. "No matter how much World Aquatics tried to mess with the Chinese athletes’ mindset before, they still broke the world record!"

Persons: Zhanle, Pan Zhanle, Jonathan Nackstrand, Catherine Ordway, Pan, Adam Pretty, China’s, Ordway, WADA, Witold Banka, Sen, Marsha Blackburn, Erriyon Knighton, commenter, Pan’s, I’m Organizations: Olympics, Paris Olympics, Getty, New York Times, Doping Agency, Paris Games, U.S, International Olympic Committee, NBC News, Aquatics, NBC, International Testing Agency, University of Canberra, FBI, Justice Department, White House, Times, The, ’ Commission, Olympic, Games Locations: HONG KONG, China, AFP, Paris, France, Russia, Sochi, U.S, Australian, Salt Lake City, Utah, United States, Weibo

☆ China doping controversy casts a shadow over Olympic swimming
▼ + stars: | 2024-08-01 | by ( Simone Mccarthy | Andrew Mcnicol | ) edition.cnn.com time to read: +8 min

The global sports doping watchdog World Anti-Doping Agency (WADA) accepted the assessment without an appeal. Concern only deepened Tuesday, after WADA acknowledged a separate 2022 case in which two Chinese swimmers tested positive for “trace amounts of a prohibited substance metandienone,” a banned anabolic steroid. “I feel so wronged,” said Zhang, denying that Chinese swimmers engaged in doping. The 2022 case, reported by the Times earlier this week, involves a swimmer on the Chinese roster in Paris, according to the paper. Personally, I believe that seven doping tests in one day might have disrupted our Chinese swimming team,” Gao wrote on Weibo.

Persons: Zhang Yufei, Zhang, ”, WADA, CHINADA –, Travis Tygart, “, it’s, CHINADA, Pan, Jonathan Nackstrand, China’s Pan Zhanle, Gao Min, Qin Haiyang’s, ” Gao, Yu Liang, they’ve Organizations: Hong Kong CNN —, Paris Olympics, Tokyo, China’s, Doping Agency, Tokyo Games, New York Times, ARD, Times, CNN, Getty, Aquatics, Paris Olympic, ’, China national, commentors Locations: Hong Kong, China, United States, Australia, Beijing, Paris, AFP, Tokyo, Weibo, France

☆ China’s LGBTQ+ community celebrates rare scenes from Paris Olympics but internet is divided
▼ + stars: | 2024-07-30 | by ( Chris Lau | ) edition.cnn.com time to read: +7 min

These are among the images that France, the organizer of the Paris 2024 Olympics, presented to the world during the opening ceremony last week. The clampdown has made it all the more striking when scenes of gay men and drag queens from the Paris Olympics opening ceremony made it onto Chinese state broadcaster CCTV. On social media site Weibo, the “#Paris opening ceremony is really cool# hashtag has generated more than 600 million views over the past four days. “Those who didn’t stay up late to watch the Olympic opening ceremony tonight missed out big time. #Paris opening ceremony is really cool#The ceremony remained the top trending topic on Weibo for more than 15 hours starting Saturday.

Persons: Xi Jinping, Ken Huang, ”, Jeremy Goupille, Natacha, Leonardo da Vinci’s, Christian, French, Suen, Aritists, Athena de Martel, ” Suen, Netizens Organizations: Hong Kong CNN, Paris, Weibo, Pride House, Paris Olympics, Communist Party, Chinese University of Hong, House, ” Locations: China, Hong Kong, France, Paris, Beijing, Shanghai, Chinese University of Hong Kong, Weibo

☆ Retiring at 50 has long been a guarantee for parts of China's working class — until now
▼ + stars: | 2024-07-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +7 min

But experts and think tanks have long said this is a policy change that an aging China desperately needs. It's currently running a lopsided policy of letting women retire up to 10 years earlier despite them living significantly longer on average than men. The pension problemKey to the retirement overhaul are China's pension funds. AdvertisementMost Chinese workers receive a state pension, which can be boosted by retirement funds from employers and personal contributions. Experts say that either way, Beijing will need more than a simple policy change to fix its crisis.

Persons: —, Sabrina Luk, Shaun Rein, Luk, It's, Gu Qingyang, CASS, it's, Louis Vuitton, Gu, Rein Organizations: Service, Business, Nanyang Technological University, China Market Research Group, Academy of Social Sciences, National University of Singapore, Louis Locations: Beijing, France, China, Xiaohongshu, Weibo, Singapore, Shanghai, Asia, East Asia

Chuo Ward, Tokyo, Japan - February 23, 2018; Top luxury shopping streets with multi colored neon signs. For the first half of the year, luxury group LVMH this week reported " exceptional growth in Japan arising in particular from purchases made by Chinese travelers." SHANGHAI — Luxury brands are seeing a surge in sales in Japan, largely driven by purchases from Chinese travelers taking advantage of a weak yen, according to earnings results this month. The income segment covers families in mainland China earning at least 30,000 yuan a month ($4,140, or about $50,000 a year). besides Hong Kong, across most luxury brands."

Persons: Yves, Yves Saint Laurent, Trip.com, Xiao Hong Shu, netizen, Oliver Wyman, Louis Organizations: Yves Saint, Burberry, U.S, Federal Reserve, Bank of Japan, South, Japan National Tourism Organization, CNBC Locations: Chuo Ward, Tokyo, Japan, Ginza, China, Southeast Asia, SHANGHAI, South Korea, Weibo, Sapporo, Hong Kong, Malaysia, France, Asia

☆ Palestinian rivals Hamas and Fatah sign reconciliation agreement in China
▼ + stars: | 2024-07-23 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

China's Foreign Minister Wang Yi on July 23 hailed an agreement by 14 Palestinian factions to set up an "interim national reconciliation government" to govern Gaza after the war. Rival Palestinian factions Hamas and Fatah agreed to end their long-standing enmity and work to form a national unity government following talks held in China, Chinese state media reported Tuesday. "On the morning of July 23, the closing ceremony of the reconciliation dialogue among Palestinian factions was held in Beijing. In the months since, Israel's retaliatory assaults on the Gaza Strip have killed nearly 39,000 Palestinians there, according to health authorities in the enclave. Fatah, formally called the Palestinian National Liberation Movement, is led by Mahmoud Abbas, the President of the Palestinian Authority (PA).

Persons: Mahmoud al, Fatah, Wang Yi, Mussa Abu Marzuk, CGTN, Mahmoud Abbas Organizations: Central Committee, China's, Hamas, CNBC, Palestinian, West Bank, U.S, Reuters, Palestinian National Liberation Movement, Palestinian Authority, West Bank — Locations: Palestinian, Diaoyutai, Beijing, Gaza, China, Beijing ., Weibo, Fatah, Israel, Hussam

☆ China’s leaders have floated the idea of raising the retirement age. It hasn’t gone down well
▼ + stars: | 2024-07-23 | by ( Laura He | ) edition.cnn.com time to read: +5 min

The retirement age for female urban workers is 50 or 55 depending on their occupation. “In accordance with the principles of voluntariness and flexibility, [we] will steadily and orderly advance the reform of progressively delaying the statutory retirement age,” China’s ruling Communist Party said on Sunday. Tingshu Wang/ReutersStruggling with declining birth rate and an ageing population, China’s policymakers have been talking about increasing the retirement age for over a decade. On Weibo, the hashtag “advancing the reform of delaying retirement age” has been a top trending topic since Sunday. On Xiaohongshu, China’s equivalent of Instagram, the hashtag “retirement age” has also attracted about 100 million views by Tuesday morning.

Persons: ” China’s, Ma Qiuhua, Tingshu Wang, ”, “, ’ Organizations: Hong Kong CNN, Communist Party, Reuters, Chinese Academy of Social Sciences, Communist Locations: Hong Kong, China, Beijing, Weibo, Communist China, India

☆ China wants to raise its retirement age. People aren't happy.
▼ + stars: | 2024-07-23 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

China is planning to raise its retirement age, but the move has sparked an online backlash. Upping the retirement age in China has been floated for years, but is not popular. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChina's Communist Party has resurfaced plans to add years to the country's retirement age, in a move that has caused considerable backlash online. The party plans to raise the retirement age for urban workers from the current figure of 60 years for men, and between 50-55 years for women.

Persons: — Organizations: Service, Communist Party, Business Locations: China, Weibo

☆ World leaders react to Biden’s exit from the 2024 US presidential race
▼ + stars: | 2024-07-22 | by ( Lex Harvey | ) edition.cnn.com time to read: +5 min

Prime Minister of Canada Justin Trudeau arrives for a meeting at the 2024 North Atlantic Treaty Organization (NATO) Summit in Washington, DC on July 11, 2024. “Many strong decisions have been made in recent years and they will be remembered as bold steps taken by President Biden in response to challenging times,” Zelensky said on X. “We will always be thankful for President Biden’s leadership.”President of Ukraine Volodymyr Zelensky during a press conference on July 15, 2024 in Kyiv, Ukraine. But he has increasingly clashed with Israeli Prime Minister Benjamin Netanyahu over humanitarian aid and the mounting civilian death toll of the conflict. Israeli President Isaac Herzog speaks to the media following a meeting with US President Joe Biden at the White House on July 18, 2023.

Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, Canada Justin Trudeau, Kent Nishimura, Keir Starmer, ” Starmer, Justin Trudeau, ”, He’s, Anthony Albanese, “, Volodymyr Zelensky, ” Zelensky, Biden’s, Ukraine Volodymyr Zelensky, Vitalii, Isaac Herzog, Yoav Gallant, X, Benjamin Netanyahu, Netanyahu, Simon Harris, Kevin Dietsch, Nicolas Maduro, Donald Tusk, ” Tusk, Xi Jinping, “ Biden, China’s, Trump Organizations: CNN, US, Democratic, Republican, Atlantic Treaty Organization, NATO, Getty, British, Canadian, Australian, Russia, Israeli, White, Trump Locations: Canada, Atlantic, Washington , DC, Washington, United States of America, Ukraine, Kyiv, Israel, Gaza, Irish, Venezuelan, Polish, Poland, America, Weibo

☆ Here's why China was largely unaffected by Friday's IT outage
▼ + stars: | 2024-07-22 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

"The main reason why is that local Chinese companies basically do not use CrowdStrike products, so they are not affected," Gao said. Chinese state media also said Friday evening that international flights at Beijing's two airports were running normally, and that Air China , China Eastern Airlines and China Southern Airlines had not been affected by large-scale technical system failures. Microsoft products are widely used in China — Windows had about 87% of personal computer shipments in the mainland last year, according to Canalys. Microsoft products Office 365 and Azure cloud are operated in China by a local company called 21Vianet . Why don't Chinese companies use CrowdStrike?

Persons: Pempel, Gao Feng, Gao, China — Organizations: REUTERS, Gartner, CNBC, Air, China Eastern Airlines, China Southern Airlines, Microsoft, Windows, Weibo Locations: REUTERS BEIJING, U.S, China, Texas, United States, Europe, Air China, Beijing

☆ China finally agrees with Trump on something — they both think Kamala Harris can't win
▼ + stars: | 2024-07-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewPresident Joe Biden's ditched election bid has gone viral in China, where online consensus is veering toward former President Donald Trump's campaign rhetoric. AdvertisementVice President Kamala Harris met briefly with Chinese leader Xi Jinping in 2022 at her request during the APEC forum that year. As for Trump, the former president is often the subject of memes in China, mocking him as a secret agent for Beijing. Montages of Harris laughing on camera have also surfaced in China, though most are not derogatory. Most July polls put either Democratic leader behind Trump, though typically by a slim disadvantage of one to five percentage points.

Persons: —, Joe Biden's, Donald Trump's, Kamala Harris —, Biden, Harris, Joe Biden, Trump, there's, Wu Dalang, Xi Jinping, Antony Blinken, Kamala Harris, Ding Haitao, She's, Doug Emhoff, Blinken —, China —, Laffin, Kamala Organizations: Service, Democratic, White, Business, Republican, APEC, Getty, Trump, Biden Locations: China, Gansu, Weibo, Bangkok, Xinhua, Beijing, Trump

☆ China is doubling down on homegrown tech. Goldman Sachs shares its chip plays
▼ + stars: | 2024-07-21 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

From an investment perspective, Goldman Sachs analysts on July 15 pointed out there are notable catalysts for certain semiconductor and artificial intelligence China stock plays from August to December. Officials told reporters about plans to speed up "emerging and future industries," and expand the development of tech talent in China. Ways to play the space The bank has buy ratings on at least two Chinese companies in the industry. The Goldman analysts are also optimistic about growth for Chinese fabless companies, the businesses which design chips but outsource the manufacturing process. Montage generates nearly all of its revenue from servers, while Will Semiconductor draws about half of its revenue from smartphones, and one-third from automobiles, according to the Goldman report.

Persons: Goldman Sachs, Biden, Goldman, 3Q24E Organizations: Officials, Microsoft, Nvidia, Taiwan Semiconductor, ACM Research, Goldman, Will Semiconductor Locations: Beijing, China, TSMC, U.S, Shanghai, Friday's

The fleet of 500 vehicles operating in the city belongs to Apollo Go, a unit of Chinese tech giant Baidu (BIDU). There have also been complaints from residents in Wuhan about traffic jams, as driverless cars fail to respond to traffic lights. Uncertainty over the safety and reliability of driverless cars has cast a long shadow over the industry in the US. Last week, authorities in Shanghai’s Pudong New Area started handing out licenses to driverless car operators, including Apollo Go and Alibaba-backed AutoX, according to state media China Daily. California-based startup Pony.ai, backed by Toyota and Saudi Arabia, was also given the green light to test driverless vehicles in the financial hub.

Persons: You’ll, ” Tu Le, robotaxi, Apollo Go’s, Apollo, Waymo, Elon Musk, Go Organizations: Hong Kong CNN —, Weibo, Baidu, Global Times, Sino, CNN, National Bureau of Statistics, Apollo Go, United, GM, Department of Justice, McKinsey, Pudong New Area, Toyota, Beijing Municipal Bureau of, Information Technology, People’s Daily Locations: China, Hong Kong, Wuhan, Weibo, United States, United Arab Emirates, California, Beijing, Shenzhen, Pudong, . California, Saudi Arabia, Bao’an district, People’s

☆ China: A spate of stabbings has sparked online debate about country’s economic woes
▼ + stars: | 2024-07-17 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

But China has been rocked by a number of high-profile stabbing cases in recent decades, including multiple such attacks at schools. These worries were clear on Chinese social media after the latest attacks, with several commentators connecting China’s dire economic circumstances to the violence, even as the attackers’ motives remained unclear. Rare violent crimeTwo of the most high-profile recent attacks came in June – and both targeted foreign nationals. Video Ad Feedback Four Americans are stabbed in a shock attack in China 04:20 - Source: CNNUltra-nationalism has risen across China and Chinese social media in recent years, as has anti-American and anti-Japanese sentiment. On social media, the belief that economic insecurity is making the country less safe remains palpable.

Persons: “, haven’t, China –, Michelle Miao, ”, Mao Ning, Adam Zabner, David Zabner, Adam, Stabbings, Miao, CUHK Organizations: Hong Kong CNN, Chinese University of Hong, Stanford University’s Center, Behavioral Sciences, CNN, Ministry of Public Security, World Bank, United Nations Office, Drugs, Americas, Xinhua, Youth Locations: Hong Kong, China, Guangxi, Weibo, ”, Chinese University of Hong Kong, –, Iowa, Beishan Park, Jilin, Asia

☆ As the US reels from the Trump assassination attempt, China sees weakness
▼ + stars: | 2024-07-15 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Read previewA gunman's assassination attempt on former President Donald Trump has flung the US back into the spotlight in China. The FBI says the 20-year-old rally shooter, Thomas Matthew Crooks, used a legally purchased 5.56mm AR-style rifle to attack Trump. another user wrote. One Chinese professor told the outlet that the attack on Trump showed the"ongoing rampant gun violence issue in the US." One user reposted a photoshop edit of Trump raising his fist against the backdrop of the Chinese flag.

Persons: —, Donald Trump, Thomas Matthew Crooks, Trump, Dylan Loh, Loh, Biden, China's, Xi Jinping, it's, Xi, Mike Johnson Organizations: Service, Republican, Business, FBI, National University of Singapore, Global Times, Trump, Renmin University of China, Capitol Locations: China, Trump's, Weibo, Gotham City, Beijing, United States

☆ China’s internet dominated by talk of Trump’s ‘luck’ and American ‘violence’ after attack
▼ + stars: | 2024-07-15 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +5 min

Discussion of the assassination attempt, in which a gunman opened fire at a Trump campaign rally in Pennsylvania on Saturday evening, dominated Chinese social media in the hours after the attack. Trump, who said he was shot in the ear, was declared safe following the incident. As shots rang out during his speech at the rally, the former president ducked to the ground and was covered by Secret Service agents. I bet (US President Joe) Biden would take ages to crouch down,” read one social media comment that got thousands of likes and appeared to allude to concerns about Biden’s age. There were also repeated links made between the attack and recurring instances of gun violence in the United States, which are often highlighted by Chinese state media as an example of the country’s failings.

Persons: Donald Trump, Trump, Trump’s, “, Joe, Biden, crouch, ”, Shinzo Abe, Xi Jinping “, ” Biden, …, what’s, “ Chuan, “ Trump Organizations: Hong Kong CNN, Trump, Weibo, Republican, Secret Service, China’s Ministry of Foreign Affairs, Trump . State, Beijing, Sunday, Global Times, Washington Locations: China, Hong Kong, Pennsylvania, United States, Weibo, Trump, ”, Beijing, Russia

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