DIRS.INFO The most relevant business & tech news

☆ 270 million people are living on sinking land in China’s major cities, new study finds
▼ + stars: | 2024-04-18 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +4 min

That’s 270 million people living on sinking land. The impact of sinking is typically worse along the coasts, where the sea level is rising at the same time. “Most urban cities experience land subsidence, but we focus our attention on coastal cities because of sea level rise,” Ohenhen, who was not involved with the study, told CNN. The project prevents the need for over-pumping groundwater and has stopped land subsidence in Beijing, the study found. “I believe China’s government efforts will address the issue of land subsidence,” Tao said.

Persons: Wang, Shengli Tao, ” Tao, “, ”, Leonard Ohenhen, ” Ohenhen, Tao Organizations: CNN, New, Reuters, Peking University, Virginia Tech Locations: China’s, China, New York City, Netherlands, Mexico City, Tianjin, Shanghai, Guangzhou, Beijing

☆ China’s Xi to host former Taiwan president in Beijing, in rare meeting echoing bygone era of warmer ties
▼ + stars: | 2024-04-10 | by ( Nectar Gan | Wayne Chang | ) edition.cnn.com time to read: +10 min

Joint concerns over China’s increasing assertiveness under Xi, including toward Taiwan, are a key driver of that summit. Chinese leader Xi Jinping shakes hands with then Taiwan President Ma Ying-jeou before their meeting in Singapore on November 7, 2015. Taiwan's former President Ma Ying-jeou speaks to reporters ahead of his visit to China at the Taoyuan International Airport on April 1, 2024. Ma Ying-jeou” or former chairman of the KMT, with no mention of his former role as the president of Taiwan. Reaction in TaiwanMa’s itinerary – and his meeting with Xi – has been closely watched in Taiwan.

Persons: Xi Jinping, Ma Ying, Xi, Chiang Kai, Eric Chu, Ma, ” Chu, Lai Ching, Joe Biden, Biden, Fumio Kishida, Roslan Rahman, Amanda Hsiao, “, underscoring, ’ ”, Tsai Ing, –, Lai, Lai’s, fixating, ”, ” Sung, China –, Ma’s, Hsiao, Yan Zhao, Mr, Sun, Xi –, Sung, ” Ma, James Chen Organizations: Hong Kong CNN, Beijing, Kuomintang, KMT, China’s, shek’s Nationalists, –, Democratic Progressive Party, CNN Beijing, Japanese, Getty, International Crisis, Atlantic, “, Taoyuan International Airport, Communists, Nationalists, Atlantic Council, Taiwan’s Tamkang University, DPP Locations: China, Hong Kong, Taiwan, Beijing, Taipei, Singapore, Washington, Japan, Philippines, AFP, Taoyuan, Guangzhou, Republic of China, Shaanxi, United States, China . Washington

☆ Analyst forecasts a surprising source of revenue upside for chipmaker Nvidia
▼ + stars: | 2024-04-08 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Other Wall Street analysts in recent weeks offered different views on the state of Nvidia's China-specific AI chips. Nvidia has been sampling AI chips designed to comply with U.S. government export restrictions to Chinese customers since last fall. NVDA 1Y mountain Nvidia's stock performance over the past 12 months. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Nvidia Stock Soar | Future Publishing | Getty Images

Persons: Nvidia's, Jeff Marks, Wolfe, Tencent, Biden, China –, Xi Jinping, Jensen Huang, KeyBanc, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, KeyBanc, Markets, FactSet, Wall, Wolfe Research, U.S, Microsoft, Street, Huawei, Blackwell, Nvidia's, Taiwan Semiconductor Manufacturing Company, CNBC, Visitors, Future, Getty Locations: China, Nvidia's China, U.S, Hangzhou

☆ China concerns bring new unity to once-turbulent US-Japan-Philippines relationship ahead of major White House summit
▼ + stars: | 2024-04-08 | by ( Brad Lendon | ) edition.cnn.com time to read: +11 min

Both the Philippines and Japan are US defense treaty allies, and the US military retains permanent bases in Japan and has base rights in the Philippines. That threat is manifested in three key areas – Taiwan, the South China Sea and the Japanese-controlled Senkaku Islands in the East China Sea, analysts say. Here's why 03:27 - Source: CNNJapan and Philippines both have separate territorial disputes with China, in the former’s case the Senkaku Islands in the East China Sea and in the latter’s areas of the South China Sea. Meanwhile, China claims the shoal, which is in the Philippines’ exclusive economic zone, as its sovereign territory, as it does much of the South China Sea, in defiance of an international arbitration ruling. “Alliance building is the most practical way to deal with China’s moves” in the South China Sea, he said.

Persons: ”, James D.J, Brown, Joe Biden, Fumio Kishida, Ferdinand Marcos Jr, Xi Jinping, Biden, Micah Jeiel Perez, Marcos, Kishida, ” Marcos, Shinzo Abe, Ricardo Jose, ” Jose, Thomas, CNN Marcos, Shoal, China –, Masaharu Homma, –, Perez, Rodrigo Duterte, Marcos Jr’s, Duterte, Thomas Shoal, Veejay Villafranca, Robert Ward, BRP Antonio Luna, you’ve, Donald, Trump, ” Brown, “, Ward Organizations: South Korea CNN, White, Temple University, Japanese, Taiwan –, Communist Party, Taiwan Relations, University of, Nikkei Asia, University of the, “, CNN, East China, Philippine, China Coast Guard, US, US State Department, Gen, “ Alliance, Clark Air Base, Naval, Bloomberg, Getty, International Institute for Strategic Studies, Cooperative, Philippine Navy, BRP, Royal Australian Navy, Self, Defense Forces, JS Akebono, US Navy, USS, Multilateral Maritime Cooperative, Armed Forces, AP Analysts Locations: Seoul, South Korea, United States, Japan, Philippines, China, Tokyo, Philippine, Taiwan, Washington, South, Senkaku, East China, University of the Philippines, CNN Japan, East, South China, Palawan, China – Washington, Beijing, Spain, Spanish, Imperial Japan, New Orleans, Bataan, Subic, Manila, US, Australia, India, Vietnam, Warramunga, IISS

☆ Gangs netting up to $3 trillion a year as Southeast Asia human trafficking becomes a global crisis, Interpol says
▼ + stars: | 2024-03-28 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +5 min

CNN —Human trafficking-fueled fraud is exploding in Southeast Asia with organized crime rings raking in close to $3 trillion in illicit revenue annually, the head of Interpol has said in comments that reveal the huge profits being earned by cartels. One international organized crime group makes $50 billion a year, according to Interpol secretary-general Jurgen Stock, adding that $2 trillion to $3 trillion of illicit money flows through the global financial system annually. While drug trafficking contributes around 40% to 70% of organized crime income, criminal groups are also using those smuggling networks to illegally move humans, arms and stolen products among other things, Stock said. Criminal enterprises also exist in Laos, Thailand and the Philippines, with many of the lucrative online scam operations ranging from illegal gambling, to love scams and crypto fraud. Beijing has pressed Myanmar’s military government to rein in the scam operations, but with limited success.

Persons: Jurgen Stock, Stock, ” Stock, Human Rights Volker Turk Organizations: CNN, Interpol, International Monetary Fund, Covid, ”, “, United Nations, UN, Human Rights, Philippine News Agency Locations: Southeast Asia, Singapore, Asia, United States, Myanmar, Cambodia, Laos, Thailand, Philippines, China –, Beijing, China, Manila, what’s, Malaysia, Vietnam, Hong Kong

☆ Analysis: China worried about return of Trump, but also sees opportunities if he wins 2024 election
▼ + stars: | 2024-03-10 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +15 min

Then-US President Donald Trump and his wife Melania with Chinese leader Xi Jinping and his wife Peng Liyuan at Beijing's Forbidden City in 2017. “If this decoupling is carried out by Trump 2.0 in a very forceful way, the impact on China is going to be very severe. But experts say China’s business and official sectors are likely already considering contingency plans. Chinese leader Xi Jinping and Russian President Vladimir Putin leave a reception following talks at the Kremlin in March 2023. “Whoever wins – the structure of (US) confrontation, competition, pressure to China are still there,” he said.

Persons: Joe Biden, Xi, Donald Trump, didn’t, –, Biden, Wang Yi, Trump, He’s, Trump’s, Brian Wong, ” Wong, Lintao Zhang, Obama, Melania, “, Xi Jinping, Peng Liyuan, Xie Huanchi, he’s, ”, Bala Ramasamy, Shen Dingli, Premier Li Qiang, Ronald Reagan, “ Biden, Shen, ” Trump, skeptically, Vladimir Putin, Putin, Pavel Byrkin, Wong, it’s, Wang Yiwei Organizations: Beijing CNN —, Communist Party, Biden, Senior, Trump’s “, University of Hong Kong’s, Contemporary, House, oceanside, Trump, of, Forbidden, Huawei, Oxford Economics, China Europe International Business School, Premier, American, South Korea Navy, Asia –, Russia’s, NATO, Europe, Kremlin, Getty, South Korea –, White House, Renmin University Locations: China, Beijing, State, US, Russia, Communist, Contemporary China, Taiwan, Lago, City, Xinhua, Shanghai, Southeast Asia, Latin America, Europe, China's Qingdao Port, –, Asia, Seoul, Tokyo, Ukraine, United States, AFP, Japan, South Korea, America, Washington, Hong Kong, South China

☆ ICC accuses two high-ranking Russians of war crimes in Ukraine
▼ + stars: | 2024-03-05 | by ( Rob Picheta | Sugam Pokharel | ) edition.cnn.com time to read: +3 min

CNN —The International Criminal Court (ICC) has issued arrest warrants against two high-ranking Russian military figures, accusing them of war crimes against Ukrainian civilians. The ICC said they are responsible for war crimes of directing attacks at civilians, causing excessive harm to civilians and the crime against humanity of inhumane acts. “International justice requires time, but it is unavoidable.”Sokolov has been Russia’s commander for its Crimea-based Black Sea fleet since August 2022. The Kremlin has always dismissed accusations of war crimes. The court, which has 18 judges serving nine-year terms, tries four types of crimes: genocide, crimes against humanity, crimes of aggression and war crimes.

Persons: Sergei Kobylash, Viktor Sokolov, Vladimir Putin, Maria Lvova, Volodymyr Zelensky, ”, ” Sokolov, China – Organizations: CNN, Criminal Court, ICC, Russian Armed Forces, Russian Navy, “, United Nations Locations: Russian, The Hague, Netherlands, Moscow, Ukraine, Russia, Crimea, American, Virginia, China, Rome, “

☆ Why Australia keeps an arm’s length from South China Sea tensions, even as it draws closer with the Philippines
▼ + stars: | 2024-03-04 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +8 min

CNN —When Philippine President Ferdinand Marcos Jr. addressed the Australian Parliament last week there was no mistaking the fighting talk. The Philippines accused China's coast guard of setting up the barrier at the mouth of the disputed fishing ground. That meeting will also be attended by several other nations with territorial disagreements with China – including Vietnam, Brunei and Malaysia. Collin Koh, research fellow at the S. Rajaratnam School of International Studies in Singapore, said Australia was unlikely to back any tough language at the summit pertaining to the South China Sea or any other hot-button issue. As Bisley put it, “We don’t like what China does, but we’re not going to put ourselves in harm’s way.”

Persons: Ferdinand Marcos Jr, ”, Marcos, Rodrigo Duterte, –, Thomas Shoal, David, China’s, Marcos ’, China –, Scott Morrison, Collin Koh, Penny Wong annouced, Anthony Albanese, Albanese, Lukas Coch, Susannah Patton, it’s, ” Patton, China’s aggressions, Wang Wenbin, Nick Bisley, Bisley, we’re Organizations: CNN, Maxar, Association of Southeast Asian Nations, ASEAN, China, Rajaratnam, of International Studies, Australia, Australian, Partners, Reuters, South China, Southeast Asia, Lowy Institute, China’s Ministry of Foreign Affairs, La Trobe University Locations: Philippines, China, South China, Manila, China’s, Philippine, Scarborough, Scarborough Shoal, Hague, United States, Canberra, Australia, Melbourne, Vietnam, Brunei, Malaysia, Beijing, Singapore, South, Penny Wong annouced Canberra, Southeast Asia, Japan, India

☆ Two giant pandas are moving to a California zoo in a rare loan from China
▼ + stars: | 2024-02-22 | by ( Taylor Romine | Jessie Yeung | ) edition.cnn.com time to read: +3 min

CNN —China is sending two giant pandas to the San Diego Zoo – the first time it has granted new panda loans to the United States in two decades. His comments came shortly after the Smithsonian National Zoo in Washington, DC sent its three pandas back to China – marking the end of more than 50 years of Chinese pandas being housed at the zoo. The National Zoo was the first US zoo to showcase pandas, and the end of its program had left Zoo Atlanta as the only other US zoo to feature pandas. San Diego Zoo returned its last two pandas to China in 2019, after its loan agreement ended. According to Xinhua, discussions are ongoing for “a new round of cooperation” with the National Zoo and a zoo in Austria.

Persons: Xi Jinping, ” Xi, Xi, Joe Biden Organizations: CNN, San Diego Zoo, San Diego Zoo Wildlife Alliance, Smithsonian National Zoo, Washington , DC, Zoo, Zoo Atlanta, China Wildlife Conservation Association, Xinhua, Washington, Smithsonian, National Zoo, World Wildlife Fund Locations: China, United States, Washington ,, San, Europe, Germany, Netherlands, Denmark, Finland, Qatar, Xinhua, Austria

☆ Europe is nervous about a potential Trump win. China sees an opportunity
▼ + stars: | 2024-02-19 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

China – which has not condemned Russia’s invasion and claims impartiality in the conflict – has also emerged as a key lifeline for the sanctions-hit Russian economy. In Europe, this has galvanized concerns about China’s own global ambitions and played a role in the European Union’s ongoing push to recalibrate its policy toward China. EU foreign policy chief Josep Borrell reiterated the EU’s “expectation that China refrains from supporting Russia,” in a meeting with Wang Friday. “As long as war in Ukraine continues, EU policies toward China will move into closer alignment with the US. As president, Trump not only voiced skepticism of the system of US alliances in Europe, but leveraged tariffs on European steel and aluminum, sparking retaliatory measures on US goods from Europe.

Persons: Hong Kong CNN —, Wang Yi, Wang, Donald Trump, Trump, ” Wang, Alexey Navalny, Vladimir Putin’s, “, ”, Noah Barkin, Maxym Marusenko, Putin, Xi Jinping, –, Jens Stoltenberg, Josep Borrell, Christoph Heusgen, Dmytro Kuleba, Xi, hasn’t, It’s, Kuleba, Vladimir Putin, Xie Huanchi, Yu Jie, ‘, Liu Dongshu, “ Wang Yi, China …, ” Liu, Emmanuel Macron, GMF Organizations: Hong Kong CNN, Munich, Washington, NATO, German Marshall Fund of, Communist Party, Wang Friday, Bloomberg, CNN, China’s, Ministry, ”, Ukrainian, Security, Beijing, Peace, Getty, ’ Observers, US, Chatham House, City University of Hong, “, White Locations: China, Hong Kong, States, Europe, Ukraine, Beijing, Munich, Moscow, Russia, United States, Russian, Ukraine's Kharkiv, West . China, Taiwan, EU, ”, China’s, Asia, Pacific, ” Beijing, Switzerland, Xinhua, London, Spain, France, City University of Hong Kong’s, Washington, York

WASHINGTON (AP) — Just a quarter of business economists and analysts expect the United States to fall into recession this year. But respondents to a National Association of Business Economics survey released Monday still expect year-over-year inflation to exceed 2.5% -- above the Federal Reserve’s 2% target – through 2024. But the economy unexpectedly kept growing and employers kept hiring and resisting layoffs despite higher borrowing costs. The Fed has stopped raising rates and has signaled that it expects to reduce rates three times this year. Another 85% are worried about political instability in the United States before or after the Nov. 5 presidential election.

Persons: –, ’ ’, Sam Khater, Freddie Mac Organizations: WASHINGTON, National Association of Business Economics, Fed Locations: United States, China, U.S, Taiwan

☆ Coldplay has a request: They really, really want to play in China
▼ + stars: | 2024-02-10 | by ( Heather Chen | ) edition.cnn.com time to read: +10 min

He really, really wants to play in China. “I promise we’ll play in China one day,” Martin said to the screaming crowd when he invited two lucky fans up on stage. “You know, we can’t get the permission (to play in China),” he told concertgoers. Chris Martin and Coldplay aren’t alone in wanting to serenade mainland Chinese audiences. Chinese authorities have also been known to vet the content of shows, including setlists and lyrics.

Persons: Hong Kong CNN — Coldplay, Chris Martin, “, ” Martin, don’t, Coldplay, ”, Martin, concertgoers, “ Coldplay, China …, Paul Kane, Coldplay aren’t, Jon Bon Jovi, Jovi, Bon Jovi’s, Lama, Xi Jinping, –, Xi, Golshifteh Farahani, “ Young, Bjork, Justin Bieber, Katy Perry's, Sam Yeh, Katy Perry, Madonna, James Hetfield, we’re Organizations: Hong Kong CNN, CNN, Coldplay, Tourism Ministry, Oasis, Communist Party, China’s Communist Party, Tibet, Municipal, of Culture, Getty, Taiwan, Chinese Culture Ministry, South China Morning Locations: Hong Kong, Thailand, China, Guangzhou, British, Asia, Tokyo, –, Beijing, Shanghai, Macao, Covid, Bangkok, Singapore, Kuala Lumpur, Worth, Iranian, Buenos Aires, Iran, Taipei, AFP, Taiwan

☆ Trump’s avalanche of dishonesty: Fact-checking 102 of his false claims from this fall
▼ + stars: | 2023-12-01 | by ( Daniel Dale | ) edition.cnn.com time to read: +111 min

Below is a fact check of 102 of Trump’s false claims from the 12 speeches. But contrary to Trump’s claim, it’s not true that people had been attempting for decades to create such an initiative. Trump’s aid to farmersIn speech after speech, Trump claimed that he had given US farmers $28 billion from China. Even if the poll result is off, it’s clear that Trump’s claim that “nobody wants them” is not true. He said he was an airline pilot.”Facts First: Trump made a false claim while mocking Biden for making false claims.

Persons: Donald Trump, –, Trump, Joe Biden, Biden, Ron DeSantis, Nikki Haley, “, ”, Mexico’s, ‘ Trump, Defense Department –, ” Theresa Cardinal Brown, CNN’s Priscilla Alvarez, ” Trump, I’ve, Todd Harrison, Harrison, It’s, Trump’s, ” Ben Cahill, Nobody, Jimmy Carter’s, Barack Obama, isn’t, El Salvador –, Obama, we’d, Obama’s, Webster, Covid, Wuhan ”, They’d, they’d, you’d, Scott Gottlieb, ” Gottlieb, Trump Trump, it’s, Abraham, Aaron David Miller, Miller, Dana El Kurd, Qasem Soleimani, they’ve, we’re, We’re, ’, Iran haven’t, ” Matt Smith, Biden’s, Smith, Ali Vaez, Kpler, Biden Trump, Iran “, Democrats ”, that’s, Jimmy Carter, Carter “, Carter, ‘, Hillary Clinton, Kari Lake, Bill Gates, Gates, ” Chris Wallace, Chris Wallace, Hunter Biden, “ Chris Wallace, ‘ He’s, ‘ ” Trump, Wallace, “ you’re, “ Biden, ‘ You’re, Wallace interjected, Rather, you’ve, ’ ” Pavel Molchanov, Raymond James &, ” Molchanov, Tim Woody, Woody, autoworkers, CNN’s Ella Nilsen, Joe Biden’s, Erin Mellon, Gavin Newsom, Mellon, ” Vonette Fontaine, Biden “, CNN’s Matt Egan, Egan, ” Biden, Europe Trump, United Kingdom “, Brent, Pavel Molchanov, Raymond James, Patrick De Haan, GasBuddy, De Haan, Matt Smith, Matt Egan, Afghanistan Trump, we’ve, Krista Wiegand, Wiegand, ” Netanyahu, Benjamin Netanyahu, Israel, Qasem, Bibi, Netanyahu, Soleimani, Asad, Mark Milley, Hezbollah Trump, Steven Cheung, John Kirby, Cheung, Kirby, Iran’s, ” Ali Vaez, Joseph Amon, Washington –, Faiq Zidan, Zidan’s, Zidan, Abu Mahdi al, China Trump, Ukraine Trump, Letitia James, James, Attorney Alvin Bragg, Matthew Colangelo, You’re, Bragg, Colangelo, Tanya Chutkan, I’m, Jack Smith, Bill Clinton, That’s, everybody’s, Letitia James –, Al Capone’s, Al Capone, Capone, Brad Schwartz, CNN couldn’t, Schwartz, Eliot Ness, MAGA, “ MAGA, …, White, CNN’s Fareed Zakaria, Inflation Trump, Bacon, Joe, PolitiFact, Trump . Howard Gleckman Organizations: Washington CNN —, CNN, Republican, Trump Trump, Republican Jewish Coalition, Department, ISIS, Trump’s, Democratic, Congress, Defense Department, former Defense Department, Center, US Customs, Trump, American Enterprise Institute, Air Force, Army, Navy, Marine Corps, Strategic Petroleum Reserve, Energy Security, Center for Strategic, International Studies, US, IHS, Islamic, The State Department, Customs Enforcement, Policy Institute, ICE, El Salvador, ”, Merriam, The New York Times, Food and Drug Administration, FDA, Abraham Accords, United Arab Emirates, West Bank, Hezbollah, State Department, Carnegie Endowment, International, Arab Center Washington DC, Islamic Revolutionary Guards Corps Quds Force, Obama, US International Trade Commission, Washington Post, U.S . International Trade Commission, New England lobstermen, England lobstermen, Americas, Crisis, government’s Energy, Administration, Washington Free Beacon, Energy Information Administration, Democrats, Biden, Electoral, Georgia, Michigan, Carter, Democrats can’t, Republicans, Alabama, Arizona, Fox News, ” Energy, Oceanic, Atmospheric Administration, NOAA, Wildlife, Alaska Industrial Development, Export Authority, Raymond James & Associates, Wilderness Society, Cox Automotive, Pew Research Center, New York Times, National Oceanic, California Gov, California, American Petroleum Institute, Union, West, Energy, American Automobile Association, AAA, GasBuddy, New Hampshire, Houston, Keystone XL, Obama administration’s State Department, –, Foreign, Military, DoD, Afghan, Defense, Policy, Taiwan News, “, University of Tennessee’s Center for National Security, Foreign Affairs, Israeli, NBC, Jerusalem Post, Yahoo, Pentagon, ” CNN, Joint Chiefs, Staff, Post, National Security, Group, US government’s Defense Intelligence Agency, Narcotics Bureau, Global Health, Drexel University Dornsife School of Public Health, Justice Department, Washington, Judicial, Popular Mobilization Forces, Customs and, Middle East, Customs, Protection, CBP, Border Protection, Kiel Institute, European Union, New York, New, ExxonMobil, Trump University, Trump Foundation, Manhattan, Attorney, federal Justice Department, Department of Justice, Washington DC, Presidential Records, Presidential, Mar, Biden White, MAGA Republicans, Inflation, Heritage Foundation, Trump ., Brookings Tax, Urban Institute Locations: New Hampshire, New York City, Saudi, Florida, al Qaeda, New York, Texas, Iowa, Mexico, “, U.S, Houston, Iraq, Israel, Tel Aviv, Jerusalem, Nord, Germany, Russian, Trump’s, Russia, Ukraine, Europe, Guatemala, Honduras, El Salvador, El, Washington, ”, ” In Texas, Covid, China, Wuhan, Italy, France, Abraham, Bahrain, Morocco, Sudan, Gaza, Lebanon, Syria, Iran, Yemen, Libya, Palestine, Afghanistan, Somalia, Pakistan, New England, England, Kpler, Malaysia, Oregon, Alabama, Maricopa County, Arizona, Arizona’s, Moscow, Alaska, East, South Carolina, California, “ California, West Virginia, Virginia, United Kingdom, West Texas, “ U.S, Los Angeles, Venezuela, Mississippi , Louisiana, Canada, United States, Paris, Taiwan, “ China, Iranian, that’s, –, Singapore, Iraqi, San Diego, Kiel, York, Manhattan, York’s, Chicago, Philadelphia, Georgia, Qaeda

CNN —Almost three years on from its bloody coup, Myanmar’s military junta is facing the biggest threat to its hold on power as it fights wars on multiple fronts across the Southeast Asian nation. Junta airstrikes and ground attacks on what the Myanmar military calls “terrorist” targets have killed thousands of civilians to date, including children, and displaced about 2 million people. Stringer/AFP/Getty ImagesCNN has reached out to Myanmar’s military spokesperson for comment on the recent fighting but has not received a response. Stringer/AFP/Getty ImgesIn the jungles of southeast Kayah state, fighting has raged near the state capital Loikaw. Video filmed and published by the Karenni Nationalities Defense Force appears to show Myanmar army soldiers surrendering to rebels at Loikaw University who are filmed treating their injuries.

Persons: ”, Matthew Arnold, ” Arnold, Min Aung, Aung, Suu Kyi, “, Bo Nagar, Stringer, Myint Swe, Chin Shwe Haw, Nan Diya, Lalmalsawma Hnamte, Lin Lin, Ye Myo Hein, May, – “, Karen, Chin state’s Matupi, Tian Junli, Arnold, Myanmar’s, it’s, Suu Organizations: CNN, United Nations, National Unity Government, Junta, Myanmar, UN, Administration Council, Burma National Revolutionary Army, National Liberation Army, Alliance, Myanmar National Democratic Alliance Army, Arakan Army, ”, Getty, Reuters, Loikaw, Karenni Nationalities Defense Force, Loikaw University, Resistance, Burma People’s Liberation Army, Brotherhood Alliance, United States Institute of Peace, Wilson Center, Border Guard Forces, China, Global Times, PLA Southern Theater Command Locations: Myanmar, Myanmar’s, Suu, Yangon, Mandalay, Burma, Namhsan Township, Shan State, AFP, Arakan, China, ”, Shan, Chin, Muse, Rakhine, Pauktaw, Lashio, Kayah, Mizoram, “, Sagaing region, Asia, Kawkareik, Karenni, Sagaing, India, Thailand, Bangladesh

☆ EU is ill-equipped to meet growing global threats
▼ + stars: | 2023-11-27 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

The snag is that EU countries are ever more reluctant to give up their right to block collective actions. Meanwhile, rivalry between the United States and China – and a green subsidy race between the world's two largest economies – is undermining the world trading system. The response of EU countries to the Gaza conflict has also been shambolic, both individually and collectively. Yet EU countries are also grappling with nationalistic currents, the latest demonstration of which is last week’s election victory by Geert Wilders, the Dutch politician who has long campaigned on an anti-immigrant and anti-EU ticket. But it is not clear that EU countries want to find a way to speed up collective decision-making.

Persons: Donald Trump, Vladimir Putin, Geert Wilders, Olivier Costa, Jan Zielonka, Erik Jones, keener, Annalena, Shahin Vallée, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Reuters, European, NATO, EU, United Nations General Assembly, Franco, Britain, IF, College of Europe, Oxford University, European University Institute, Thomson Locations: Ukraine, United States, China, EU, People's Republic, Gaza, Dutch, Washington, Beijing, Germany, France, Denmark, United Kingdom, Berlin, Franco, Russia

San Francisco CNN —President Joe Biden hopes to walk away from his closely watched summit with Chinese President Xi Jinping on Wednesday having put the US-China relationship on steadier footing after months of tension between the two superpowers. Biden administration officials have been working ever since to restore the channel, but those efforts were hampered by the tense episode involving a Chinese spy balloon that Biden ordered shot down earlier this year. And American officials have watched carefully as China scales up its military exercises in the water and air around the island. A political tight ropeAs Biden was preparing for Wednesday’s summit, Republicans questioned his decision to seek a meeting with Xi. The deal, which has been a priority for the Biden administration, would target companies that produce and export the source material to make the deadly synthetic opioid.

Persons: Joe Biden, Xi Jinping, Biden, Xi, week’s Biden, Jake Sullivan, Wang Yi, Antony Blinken, Janet Yellen, Gina Raimondo, John Kerry, –, ”, they’d, Nancy Pelosi, ” Sullivan, ” Biden, “ They’ve, Nikki Haley, “, Sullivan Organizations: San Francisco CNN, Foreign, China’s, American, “, China’s Communist Party, Biden, South, Republicans Locations: San, China, East, Europe, Beijing, California, Washington, Bay, Taiwan, Bali, San Francisco, South Carolina, Mexico

☆ Infineon reports better-than-expected 2023 revenue on semiconductor demand
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +1 min

Infineon Technologies AG logo is seen during German Economy Minister Robert Habeck and Foreign Minister Annalena Baerbock's visit, in Dresden, Germany July 13, 2023. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsBERLIN, Nov 15 (Reuters) - German chip manufacturer Infineon (IFXGn.DE) reported higher-than-expected revenue for its 2023 fiscal year on Wednesday as demand for semiconductors, particularly in the electromobility and renewable energy sectors, remains unabated. Revenue was 16.31 billion euros ($17.72 billion), up 15% from the year before, slightly beating company-provided analyst expectations of 16.22 billion euros. "Structural semiconductor growth in the areas of renewable energy, electromobility – especially in China – and microcontrollers for the automotive industry remains unabated," said Chief Executive Jochen Hanebeck. The company is forecasting slightly slower revenue growth for the 2024 fiscal year of 17 billion euros, plus or minus 500 million.

Persons: Robert Habeck, Annalena Baerbock's, Annegret, Jochen Hanebeck, Miranda Murray, Linda Pasquini Organizations: Infineon, REUTERS, Rights, Revenue, Thomson Locations: Dresden, Germany, China

President Joe Biden on Wednesday announced his administration secured agreements with China to resume military communications and combat fentanyl after his first in-person meeting with Chinese President Xi Jinping in a year. “Vital miscalculations on either side can cause real, real trouble with a country like China – or any other major country,” Biden said. During the press conference, Biden added that he believes the ultimate answer to the war in Gaza is a two-state solution. Biden mentioned he raised concerns about China’s human rights and tension between China and the Philippines in the South China Sea. Overall, though, Biden presented an optimistic view about future relations with China.

Persons: Joe Biden, Xi Jinping, Biden, ”, “ I’m, ” Xi, “, ” Biden, “ It's, Xi's, that’s Organizations: Wednesday, Economic Cooperation, U.S, Western, State Department Locations: China, United States, Asia, San Francisco, U.S, Beijing, Ukraine, Israel, Gaza, Taiwan, Philippines, South China

☆ Time to invest in China? The pros weigh in on what sectors and stocks to play right now
▼ + stars: | 2023-11-15 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +5 min

Chinese stocks too have done poorly. 'High confidence in the tradable value' While the Chinese economy "is not very strong," Wong has "high confidence in the tradable value," of Chinese stocks. Stocks to play Goldman is overweight on several sectors including online retail, media/entertainment, tech hardware, health care equipment and services and food & beverage. Other stocks the investment bank sees outperforming "as the China growth story evolves" include internet services provider NetEase , technology hardware manufacturer Xiaomi , and manufacturing conglomerate BYD . China-focused ETFs Elsewhere, Saxo's Wong has his eye on the new infrastructure (such as 5G technology), industrial technology and agricultural technology themes.

Persons: Redmond Wong, Wong, Goldman Sachs, Stocks, Goldman, Saxo's Wong, — CNBC's Michael Bloom, Clement Tan Organizations: Shenzhen Component, Saxo, CNBC, National Bureau of Statistics, Tech, Baidu, Galaxy Entertainment, Mining, China Resources Beer, Miniso, Hong Kong Exchange, CSI Agriculture, CSI 5G Communications, CSI Technology, Enterprises Locations: Shenzhen, China, Taiwan, India, South Korea, Brazil, Mexico

☆ Inside the remarkably intricate planning for Biden’s meeting with Xi
▼ + stars: | 2023-11-14 | by ( Mj Lee | Kevin Liptak | ) edition.cnn.com time to read: +7 min

That included the timing and location of the summit, which is occurring amid a larger gathering of Pacific leaders in San Francisco. “China – normally, if they come to United States, they want everything. San Francisco and the Bay Area are home to one of the largest populations of Chinese or Chinese-Americans in the United States. One-fifth of the population of San Francisco has Chinese roots, according to US census data. “Chinese officials will want to project to their domestic audience that Xi is received by Biden with dignity and respect.

Persons: Xi Jinping, Joe Biden, Xi, Biden, ”, Victor Cha, San, Xi ”, Barack Obama, Donald Trump, Obama, Trump, –, Xi’s, Ryan Hass, John L, ” Hass, Wednesday’s, “ Organizations: San Francisco CNN, Beijing, CNN, White House, Center for Strategic, International Studies, APEC, Area, Biden, Communist Party, Trump, Mar, Thornton China Center, Brookings Institution, House Locations: San, United States, San Francisco, China, Asia, China American, California, Palm Springs, Beijing

Here are six takeaways from the third GOP presidential primary debate:Foreign policy takes center stageOn Israel’s war with Hamas, there was little disagreement between the five candidates. “I am going to send troops to our southern border.”It was like Tuesday night never happenedJust like in the second debate, abortion concerns didn’t make it into the first more than 90 minutes of the program. The biotech entrepreneur came out swinging against the media, Haley, the debate moderators, the media, Republican National Committee Chairwoman Ronna McDaniel, DeSantis and the Florida governor’s boots. Instead, the former South Carolina governor spent much of the debate sparring with Ramaswamy. During the Simi Valley debate, Haley said during a discussion about the app that she felt “dumber” every time she heard him speak.

Persons: Nikki Haley’s, South Carolina Sen, Tim Scott’s, Glenn Youngkin, Donald Trump, Ron DeSantis, Trump, Haley, Vivek Ramaswamy, Ramaswamy, “, Chris Christie, Bibi, ” DeSantis, ’ ” Haley, Volodymyr Zelensky, ” Ramaswamy, Vladimir Putin, Xi Jinping, ” Christie, Hitler, Scott, ” Haley, Roe, Wade, DeSantis, you’ve, ”, Christie, Tuesday’s, framers, let’s, China DeSantis, We’ve, we’ve, ” Haley wasn’t, DeSantis ’, Ron, Ken Griffin, Ronna McDaniel, McDaniel, Lester Holt, Kristin Welker, Salem, Hugh Hewitt, Tucker Carlson, Joe Rogan, Elon Musk, Benjamin Netanyahu, Dick Cheney, “ We’ve, That’s, TikTok, Lindsey Graham, he’s, “ That’s, Christie didn’t Organizations: CNN, South Carolina Gov, South, Virginia Gov, GOP, Florida Gov, Former New Jersey Gov, Tuesday’s, Confucius Institutes, Citadel, “, Republican, NBC, America, Trump, United Nations Locations: Miami, Israel, Iran, China, South Carolina, ”, Former, Gaza, United States, Ukraine, Europe, Mexico, Florida, Ohio, Kansas , Michigan, California , Vermont, Iowa, Virginia, Roe, “, Simi Valley , California, Korea, Beijing, Simi

The pandas’ departure from the National Zoo leaves Zoo Atlanta as the only other US zoo to feature pandas from China, and not for much longer. First lady Pat Nixon welcomes China's giant pandas on April 20, 1972, at Washington's National Zoo. They have since become the parents of seven giant panda cubs born at Zoo Atlanta, according to the zoo. Staff at the National Zoo say they’re hopeful China might one day send over more giant pandas. Plans for the exhibit, with a welcome sign announcing the “Giant Pandas of Chengdu” and a panda-themed gift shop, aren’t clear.

Persons: Tian Tian, Mei Xiang, Xiao Qi Ji, Nixon, Mao Zedong, Richard Nixon, ”, Mao Ning, Richard Nixon’s, Mao Zedong’s, Pat Nixon, “, Hsing, YaYa, Xin Xin, David Culver, Fernando Gual Sill, CNN Xin Xin –, Xi Jinping, Vladimir Putin, Yang Yang, Lun Lun, Steve Schaefer, –, Bob Lee, Jane Mahalik, “ Pat Nixon, ” Mahalik, Jill Biden, Yong Xiong, Melissa Gray Organizations: CNN, Smithsonian National Zoo, ” Zoo, National Zoo, Zoo, AP China, China’s Ministry of Foreign Affairs, Washington, of Public Service, Memphis Zoo, Atlanta, Chapultepec Zoo, Pandas, Zoo Atlanta, Getty, Scotland, Edinburgh Zoo, Adelaide Zoo, Chengdu Research Base, Staff, National Locations: Washington ,, China, what’s, Zoo Atlanta, Beijing, United States, City of Peking, Washington, Atlanta, Russia, Mexico City, Chapultepec, Mexico, “, China’s, Moscow, Qatar, AFP, America, Zoo, Chengdu, New York, Los Angeles

☆ Developing countries owe China at least $1.1 trillion – and the debts are due
▼ + stars: | 2023-11-07 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Developing countries owe Chinese lenders at least $1.1 trillion, according to a new data analysis published Monday, which says more than half of the thousands of loans China has doled out over two decades are due as many borrowers struggle financially. Now, 55% of China’s official sector loans to developing countries have entered their repayment periods, according to the analysis of more than two decades of China’s overseas funding across 165 countries released by AidData. Instead, China is providing substantial numbers of emergency rescue loans, according to AidData. Overall funding commitments from China to the developing world declined at the start of the pandemic, according to AidData. Half of China’s non-emergency lending portfolio to developing countries is now provided via syndicated loan arrangements, with more than 80% of these arrangements involving those Western or multilateral partners, they said.

Persons: William & Mary, Xi Jinping, ”, Brad Parks, Hajarah Nalwadda, ’ AidData, ” Parks, “ Organizations: Hong Kong CNN, William &, Initiative, AidData, CNN, “, Bank of International, Getty, World Bank Locations: China, Hong Kong, Virginia, Beijing, America, Southeast Asia, Switzerland, Kiryandongo, Uganda, Xinhua, United States, AidData, Zambia, Ghana

British Prime Minister Rishi Sunak attends an in-conversation event with Tesla and SpaceX's CEO Elon Musk in London, Britain, Thursday, Nov. 2, 2023. Risks around rapidly-developing AI have been an increasingly high priority for policymakers since Microsoft-backed Open AI (MSFT.O) released ChatGPT to the public last year. "It was fascinating that just as we announced our AI safety institute, the Americans announced theirs," said attendee Nigel Toon, CEO of British AI firm Graphcore. China’s vice minister of science and technology said the country was willing to work with all sides on AI governance. Yoshua Bengio, an AI pioneer appointed to lead a "state of the science" report commissioned as part of the Bletchley Declaration, told Reuters the risks of open-source AI were a high priority.

Persons: Rishi Sunak, Tesla, Elon Musk, Kirsty Wigglesworth, Sam Altman, Kamala Harris, Ursula von der Leyen, China –, Sunak, Finance Bruno Le Maire, Vera Jourova, Jourova, Harris, Nigel Toon, Wu Zhaohui, Musk, you’ve, Martin Coulter, Paul Sandle, Matt Scuffham, Louise Heavens Organizations: British, Elon, U.S, European Commission, Microsoft, of, Finance, EU, Reuters, Thomson Locations: London, Britain, China, Bletchley, U.S, South Korea, France, United States

☆ This city never slept. Now with China tightening its grip, is the party over?
▼ + stars: | 2023-11-03 | by ( Chris Lau | ) edition.cnn.com time to read: +16 min

China’s message at the time was that even if change was coming to Hong Kong, its spirit of “anything goes” would be staying put. People gather outside a restaurant on a near-empty street in the Soho area of Hong Kong. Officials say they were “fluorescent.”A Hong Kong government spokesman told CNN this week that the activities were “well-received by local residents and tourists”. Under Hong Kong’s pandemic restrictions, live music was all but banned in small venues for more than 650 days. Months before the virus emerged, China had been tightening its grip on Hong Kong in response to pro-democracy protests that had spread throughout the city.

Persons: Hong Kong, Boy George, Grace Jones, Pete Tong, Paul Oakenfold, China’s, Deng Xiaoping, China –, Deng, Deng’s, –, Noemi Cassanelli, Hong, John Lee, “, ”, Gary Ng, Covid, Benson Wong, Wong, Lan Kwai Fong, Cassanelli, Hong Kongers, Kongers, Ng, Yan Wai, ” Yan, hasn’t, Billy H.C, Kwok, Richard Feldman, Feldman, Becky Lam, ” Lam, “ They’ll, ” Feldman, Kwai Fong, Marco Chan, Chan, ” Allan Zeman, Allan Zeman, Lan, CNN “ They’ll, they’ll, Lam, Hong Kong’s Organizations: Hong Kong CNN, East, West, Britain, Occupy Central, National Security, Michelin, CNN, Hong, Tai Hang, National, Hong Kong Wine, HKSAR, Immigration Department, Chinese University of Hong, Soho Association, Netflix, “, Lan Kwai Fong Group, Hong Kong, Shady Locations: China, Hong Kong, Asia, Hong, Soho, Japan, Singapore, Tai, Thailand, Lan Kwai, expats, Britain, Canada, Australia, Natixis, Chinese University of Hong Kong, Lan, revelers, California, Central, Shenzhen, Hong Kong’s Central, Bangkok, Shanghai, Taipei, Petticoat

Search resuls for: "China –"

25 mentions found