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☆ 'Cold War' between U.S. and China is threat despite leaders' phone call: Asia expert Stephen Roach
▼ + stars: | 2024-04-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Cold War' between U.S. and China is threat despite leaders' phone call: Asia expert Stephen RoachStephen Roach, Former Morgan Stanley Asia chairman, joins 'Fast Money' to talk the recent phone call between President Biden and China's Xi and what it means for relations between the two countries.

Persons: Stephen Roach Stephen Roach, Morgan Stanley, Biden, China's Xi Locations: China, Asia

China’s economy has struggled to recover from severe self-imposed restrictions during the COVID-19 pandemic that it lifted only at the end of 2022. But Xi said that China was again contributing to world economic growth in the double digits percentage-wise. China's economy has been bogged down by a crisis in its property market in which builders are struggling under mountains of debt, and buyers are paying off loans on apartments that may never be completed. Other issues, such as an aging population and high youth unemployment, are prompting China's leaders to lean more heavily on boosting export manufacturing to make up for weak demand at home. “The respective successes of China and the United States create opportunities for each other," Xi was quoted as saying by Xinhua.

Persons: —, Xi Jinping, Xi, ” Xi, Stephen A, Biden, Donald Trump, “, Craig Allen, China's, Antony Blinken, Janet Yellen Organizations: BEIJING, U.S, Communist Party, China's, Xinhua News Agency, Blackstone . Trade, U.S ., China Business Council, Apple, Xinhua Locations: Beijing, China, U.S, United, Washington, San Francisco, Taiwan, Hong Kong, Tibet, Xinjiang, People's Republic, United States

☆ MTA Board passes final vote on congestion pricing plan
▼ + stars: | 2024-03-27 | by ( Mark Morales | ) edition.cnn.com time to read: +3 min

CNN —Congestion pricing is coming to New York soon with transit officials officially approving the toll structure at a hearing on Wednesday. New York City will soon join other cities such as London, Stockholm and Singapore, with the new congestion pricing plan. Passenger and commercial vehicles will now pay $15 once they enter the “congestion relief zone,” which is below 60th Street in Manhattan. “One of the biggest goals of this is to finally attack congestion but the other side of the equation is to invest more in transit,” Lieber said. Despite the approval and expected implementation of the tolling plan, multiple lawsuits, such as one spearheaded by New Jersey Gov.

Persons: Janno Lieber, ” Lieber, ”, Phil Murphy, “ Organizations: CNN, “, MTA, New York City Department of Education, Taxi, Limousine Commission, New Jersey Gov Locations: New York, . New York City, London, Stockholm, Singapore, Manhattan, York, United States, Long

☆ How Putin and Xi both bent their nations to their will to become presidents for life
▼ + stars: | 2024-03-19 | by ( Tom Porter | ) www.businessinsider.com time to read: +9 min

In the past decade, Putin and Xi have crushed what little remained of domestic opposition on their paths to absolute power. Advertisement"Both Putin and Xi's careers were forged as highly effective backroom operators forging relationships of dependency and patronage," he said. GREG BAKER via Getty ImagesDover said it would be a mistake to see Putin and Xi simply as dictators operating by arbitrary fiat. Both, he said, had built effective networks of loyalists capable of responding to crises and enacting their ambitious strategies to seize more global power. Xi and Putin bond over hatred of Western powerIt's on the global stage that the synergy between the leaders is of growing significance and growing alarm to Western leaders.

Persons: —, Vladimir Putin, Xi Jinping, Putin, It's, Xi, Graeme Thompson, Robert Dover, Li, notionally, Korea's, GREG BAKER, Getty Images Dover, Xi's, Thompson Organizations: Service, Business, Reuters, Eurasia Group, Hollywood, Getty, University of Hull, Communist Party, US, National People's, of, People, Getty Images, Central, Putin, Beijing Locations: China, Russia, Soviet Union, Moscow, Hong Kong, Beijing, Dover, Ukraine, Ukrainian, Taiwan, Putin Russia, East Asia

☆ Uber: Taxi drivers in Australia win $179 million from ride-sharing giant
▼ + stars: | 2024-03-18 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Uber will pay more than 8,000 taxi and hire car drivers in Australia almost 272 million Australian dollars ($179 million) in compensation for losses they suffered after the ride-sharing giant entered the country in 2012, lawyers representing the drivers said Monday. It has also made “significant contributions to various state-level taxi compensation schemes” in Australia since 2018, according to the company. Uber now teams up with taxi drivers in many countries. “This caused loss of income to authorized taxi drivers and operators, and hire car operators. In a statement on its website, Uber Australia said ride-sharing regulations did not exist anywhere in the world when it launched more than a decade ago.

Persons: London CNN — Uber, Maurice Blackburn, Uber, ” Maurice Blackburn, “, ” Uber, —, ”, Elizabeth O’Shea, Letitia James, Lyft, Dhruv Tikekar Organizations: London CNN, Maurice Blackburn Lawyers, New York Locations: Australia, — Victoria, New South Wales, Queensland, Western Australia, United States, United Kingdom, York

☆ Trump former advisers sound the alarm that he praises despots in private and on the campaign trail
▼ + stars: | 2024-03-11 | by ( Jim Sciutto | ) edition.cnn.com time to read: +8 min

“He views himself as a big guy,” John Bolton, who served as national security adviser under Trump, told me. Trump lamented that Hitler, as Kelly recounted, maintained his senior staff’s “loyalty,” while Trump himself often did not. “He truly believed, when he brought us generals in, that we would be loyal — that we would do anything he wanted us to do,” Kelly told me. ‘Shocked that he didn’t have dictatorial-type powers’Trump’s former advisers say he most consistently lavished praise on Russian President Vladimir Putin. At a town hall organized by Fox News in July 2023, Trump said, “Think of President Xi: central casting, brilliant guy.

Persons: Donald Trump, Viktor Orbán, Xi Jinping, Kim Jong, Adolf Hitler “, Putin, Kim, ”, John Kelly, “, Putin wouldn’t, Orbán, CNN's Jim Sciutto, ” Trump, he’s, autocrats, Trump, Powers, Kelly, ” John Bolton, Erdogan, anybody’s, ” Kelly, Hitler Trump, Hitler, ’, ‘, ’ ” Kelly, Mussolini, Hitler’s, Steven Cheung, “ John Kelly, John Bolton, Vladimir Putin, Bolton, ’ ”, Xi, Reuters “ Trump, Matthew Pottinger, Xi —, authoritarians, Joe Biden, ” Bolton, Biden Organizations: CNN, NATO, Hungarian, Mar, Republican, Trump, Nazi, North, KCNA, Reuters, Fox News, Fox, Russian, Anadolu, Getty Locations: Hungarian, North Korea, Europe, Turkey, Nazi Germany, Panmunjom, South Korea, Hollywood, France, Osaka, Japan, Anadolu, NATO, Ukraine

☆ In post-Covid China, the masks are off, but Xi’s tight control is here to stay
▼ + stars: | 2024-03-07 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

2 official, who is charged with running its economy – and one more move for Xi to cement his control over the official narrative. China's Premier Li Qiang speaks during a press conference after the closing session of the National People's Congress in Beijing on March 13, 2023. He used his first and likely last press conference last year to highlight the prominence of the Communist Party over the state government. The axing of the premier’s press conference came alongside a shortening of the “two sessions” overall – first imposed during the pandemic to prevent the spread of Covid. Traffic slowed due to checkpoints on surrounding streets, with security officials even stopping and checking IDs of some cyclists riding on a major throughfare along the square.

Persons: Xi Jinping, Xi, ”, Liu Dongshu, Jinping, Li Qiang, Greg Baker, Premier Li Keqiang, Xi protégé Li Qiang, Li, “, ” Li, Liu, ” Changhao Wei, Paul Tsai, presser, Tatan Organizations: Beijing CNN, of, National People’s Congress, City University of Hong, National People's Congress, Premier, Communist Party, Paul Tsai China Center of Yale Law School, National People's, AP, Communist Locations: Beijing, Communist, China, City University of Hong Kong, AFP, Hong Kong, Tiananmen

☆ China slams ‘unfathomable absurdities’ of US trade controls as it ramps up high-tech drive
▼ + stars: | 2024-03-06 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

“If it only wants itself to prosper, but denies other countries legitimate development, where is international fairness? Bilateral trade between China and Russia hit a historic $240 billion last year, surpassing a target of $200 billion set by Xi and Russian counterpart Vladimir Putin in 2019 ahead of schedule. While China claims neutrality in the Ukraine conflict it has appeared unwilling to use its significant economic leverage to curb Russia’s aggression and has not condemned the invasion. During the briefing, Wang repeated China’s call for peace talks to avoid an “unthinkable” escalation and deterioration of the conflict. He also reiterated past rhetoric framing China’s relationship with Russia as a responsible one.

Persons: Beijing CNN —, Wang Yi, China ”, ” Wang, Joe Biden, Xi Jinping, Wang, ”, Xi, Vladimir Putin Organizations: Beijing CNN, Washington ., CNN, Sputnik Locations: Beijing, Washington, China, Xinjiang, Ukraine, US, San Francisco, Russia, Russian, Moscow

☆ Xi's growing paranoia and secrecy are signs of just how badly China's economy is doing
▼ + stars: | 2024-03-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Under Xi Jinping's rule, China's economy has slowed after decades of growth. After decades of growth, China's economy is slowing, with a property market crisis causing consumer debt, deflation, a slowdown in spending, and an unemployment crisis. Xi walks a tightropeAs well as moves to close down scrutiny, the Party is unveiling ambitious measures to boost China's economy. But analysts say China continues to face deep economic problems. China's growth target, which is in line with last year's official growth figures, appears modest in comparison to the 10% annual growth it has experienced on average for the past few decades.

Persons: Xi, Premier Li Qiang, —, Xi Jinping, Xi doesn't, Jonathan Ward, Ward, Ali Wyne, Li, Vladimir Putin's Organizations: Premier, Analysts, Service, Communist Party, The New York Times, Hudson Institute, Chinese Communist Party, Crisis, BBC Locations: China, Beijing, Vladimir Putin's Russia, Ukraine, Iran, Moscow, Tehran

Alphabet's Waymo robotaxi unit won approval from the California Public Utilities Commission to expand service to parts of Los Angeles and the Bay Area, according to a notice posted to the regulator's website on Friday. "Waymo may begin fared driverless passenger service operations in the specified areas of Los Angeles and the San Francisco Peninsula, effective today," the release said. In mid-February, Waymo initiated a voluntary recall filing notice with the National Highway Traffic Safety Administration, saying it would fix software issues. The latest notice applies to the commercial ride-sharing service Waymo One. WATCH: Crowd burns Waymo in San Francisco

Persons: Alphabet's, Waymo, Apple, Elon Musk's Tesla, Cruise robotaxis Organizations: California Public Utilities Commission, San, National, Traffic Safety Administration, California Department of Motor Vehicles, General Motors, Cruise, Palo Locations: Los Angeles, San Francisco Peninsula, Phoenix, California, Palo Alto, San Mateo County, San Francisco

☆ The dangerous parallels between Putin’s ambitions in Ukraine and Xi’s claims on Taiwan
▼ + stars: | 2024-02-27 | by ( Will Ripley | ) edition.cnn.com time to read: +12 min

What is happening is to a certain extent, an element of a civil war,” Putin claimed. The island remained a Japanese colony for half a century until the end of World War II, when it came under the control of China’s ruling Nationalist government. Today Xi is expanding China’s military at a pace the world hasn’t seen in a century – since before World War Two. Long-time China analyst Steve Tsang, author of “If China Attacks Taiwan,” once told me that Xi’s military build-up is, by comparison, larger than Nazi Germany and Imperial Japan combined. Many here in Taiwan fear it’s only a matter of time before Xi, like Putin, puts his words into action.

Persons: Taiwan CNN —, Kolas Yotaka, Tucker, Vladimir Putin, “ Putin, Xi, ”, Putin, Xi Jinping, ” Yotaka, –, Jens Stoltenberg, “, ” Stoltenberg, it’s, ” China’s, Russia –, Carlson, ” Putin, Critics, Chiang Kai, shek, ” Xi, He’s, Tsai Ing, Steve Tsang Organizations: Taiwan CNN, Taiwan Presidential, Taiwan –, NATO, Munich Security, Communist Party, Russia, Observers, Nationalist, Communists, Taiwan’s National Chengchi, Democratic Progressive Party, Taipei, Xi, Navy, Global China, Atlantic Council, Taiwan Relations Locations: Taipei, Taiwan, Ukraine, Beijing, China, Russia, Soviet, Ukrainian, Soviet Union, Japan, Republic of China, Taiwan Strait, United States, Hong Kong, Nazi Germany, Imperial Japan, Washington

☆ 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

☆ Why AI can’t replace air traffic controllers
▼ + stars: | 2024-02-12 | by ( Amy Pritchett | ) edition.cnn.com time to read: +9 min

In the air traffic control system, everything must meet the highest levels of safety, but not everything goes according to plan. I’m an aerospace engineer who led a National Academies study ordered by Congress about air traffic controller staffing. What air traffic controllers do? The Federal Aviation Administration’s fundamental guidance for the responsibility of air traffic controllers states: “The primary purpose of the air traffic control system is to prevent a collision involving aircraft.” Air traffic controllers are also charged with providing “a safe, orderly and expeditious flow of air traffic” and other services supporting safety, such as helping pilots avoid mountains and other hazardous terrain and hazardous weather, to the extent they can. Researchers are using machine learning to analyze and predict aspects of air traffic and air traffic control, including air traffic flow between cities and air traffic controller behavior.

Persons: Tolga Akmen, Timothy Arel, Harry Reid, Ethan Miller, Amy Pritchett Organizations: CNN, National Academies, Congress, Federal Aviation, Air, FAA, London Heathrow, Tolga, Getty, U.S . Senate, Robotics, Cessna, United Airlines, Kansas City Chiefs United Airlines, Harry Reid International, Air Force One, Penn State University, National Science Foundation, Center, Aerial Mobility, NASA Locations: AFP, Las Vegas

☆ A photographer’s fantastical portrait of rural China during Lunar New Year
▼ + stars: | 2024-02-11 | by ( Oscar Holland | ) edition.cnn.com time to read: +6 min

CNN —In photographer Zhang Xiao’s images of the Shehuo festival, an ancient celebration still observed in parts of northern China during the Lunar New Year, rural life comes alive with something altogether more fantastical. (Lunar New Year celebrations usually last more than two weeks, with Shehuo festival taking place on the season’s 15th and final day.) “In some villages, virtually the entire population has been mobilized to produce and sell Shehuo props,” the photographer writes in his book. Shehuo performers reenact a battle between China's Eighth Route Army and Japanese forces from the Second Sino-Japanese War. “People are not focused on how to improve product quality and craftsmanship,” said the photographer, who is currently working on a documentary about life in rural China.

Persons: Zhang Xiao’s, ” Zhang, “, …, ”, Zhang Xiao, —, Zhang, Zhang Xiao “, — Zhang, reenact Organizations: CNN, roosters, dreamworld, UNESCO, Harvard University’s Peabody Museum of Archaeology & Ethnology, Eighth Route Army, Aperture, Peabody Museum Press, Peabody Museum of Archaeology, Ethnology Locations: China, Huanghuayu, Shaanxi, Henan, Huozhuang, Henan province, China’s Shandong, Chengdu, Cambridge , Massachusetts

☆ China’s Xi calls for stronger ‘strategic coordination’ with Russia in Lunar New Year call with Putin
▼ + stars: | 2024-02-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Xi told Putin the two sides should “strengthen strategic coordination” and “safeguard the national sovereignty, security and development interests of their respective countries,” according to a readout from China’s Foreign Ministry. Looking to the future, China-Russia relations face new development opportunities,” Xi told Putin during their call. “Vladimir Putin and Xi Jinping specifically stressed that close Russia-China interaction is an important stabilizing factor in world affairs,” the Kremlin readout said. Thursday’s phone conversation between Xi and Putin took place as the two countries celebrate 75 years of diplomatic relations this year. Last year, Xi made his symbolically significant first foreign trip of his third term as president to Moscow last March.

Persons: Xi Jinping, Vladimir Putin, Xi, Putin, “, ” Xi, ’, ”, “ Vladimir Putin, Tucker Carlson, ” Putin, Carlson Organizations: Hong Kong CNN, Russia, Foreign Ministry, United Nations, Shanghai Cooperation Organization, SCO Locations: China, Hong Kong, United States, Western, Ukraine, Russia, Kremlin, “, Israel, Gaza, ” Beijing, Beijing, Moscow, United

☆ China’s spectacular dragon dance is hundreds of years old. Here’s why it continues to dazzle
▼ + stars: | 2024-02-08 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +6 min

CNN —Grab your camera and slap on something flame resistant, it’s time to witness one of China’s most incredible displays – the fire dragon dance. Dragon dances have been documented at ceremonial events since the Han Dynasty (202 BCE to 220 CE), while fire dragon dances began appearing in records during the Qing Dynasty (1644-1911) and in the Republican era (1912-1949). Some historians say fire dragon dances date back even further, to the Ming Dynasty (1368-1644). Puzhai Fire Dragon, Fengshun County, GuangdongEntertainers perform a fire dragon dance to celebrate the Lantern Festival in Puzhai town, in China's Guangdong province. Tongliang Fire Dragon, ChongqingVideo Ad Feedback See a dragon dance with molten iron fireworks 00:56 - Source: CNNThe Tongliang Fire Dragon in Chongqing province is undoubtedly one of the grandest fire dragon dance performances of them all.

Persons: ”, Kwok Kam Chau, Kwok, We’ve, Liu Long Organizations: CNN, Republican, Hong Kong Baptist University, China’s, Steel Locations: Fengshun County, Guangdong, Puzhai, China's Guangdong province, Imaginechina, China, Hunan, China’s, Miao Autonomous Prefecture, Hunan province, Huanglongxi, Sichuan, Chengdu, China's Sichuan province, Chongqing, Chongqing province, majestically, Qicaimeng, Guizhou, Dafang County, Guizhou province

☆ Clocktower's chief strategist says Chinese stocks will likely rally 10% to 15% from here
▼ + stars: | 2024-02-07 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Jason Lee | APBEIJING — Chinese stocks will likely climb by at least 10% in coming days as authorities signal concerted support efforts, said Marko Papic, partner and chief strategist at Clocktower Group. Mainland Chinese stocks traded mostly higher Wednesday, following gains on Tuesday. A "10% to 15% rally in Chinese equities is likely in coming trading days," he said. Papic said he's been bearish on Chinese stocks for the past 12 months, and didn't rule out the possibility the latest rally "could be a dead cat bounce." Chinese stocks are still down for the year so far, following a 2023 marked by losses.

Persons: Jason Lee, Marko Papic, Papic, Xi Jinping, he's, Clocktower, Xi Organizations: AP BEIJING, Clocktower, U.S, Financial Regulatory Administration, China Securities Regulatory Commission, CNBC Locations: Beijing, China, Shanghai

☆ China and the U.S. Are Talking, but Their Détente Has Limits
▼ + stars: | 2024-02-02 | by ( David Pierson | Olivia Wang | ) www.nytimes.com time to read: +1 min

China and the United States are back at the negotiating table. Days later, in Beijing, officials restarted long-stalled talks on curbing the flow of fentanyl to the United States. And the White House says Mr. Biden plans to speak by phone with China’s leader, Xi Jinping, in the spring. The developments point to a tentative détente struck by Mr. Biden and Mr. Xi at a summit near San Francisco in November — and both the potential and the limitations of that thaw in relations. In the meetings, they have pushed a new catchphrase, the “San Francisco Vision,” claiming that Mr. Xi and Mr. Biden agreed at the summit to stabilize relations and put competition aside.

Persons: Mr, Biden, Xi Jinping, Xi Organizations: San Francisco Vision Locations: China, United States, Bangkok, China’s, Korea, Iran, Beijing, San Francisco, —

☆ Wray’s stunning warning points to a new age of US vulnerability
▼ + stars: | 2024-02-01 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

“The CCP’s dangerous actions, China’s multi-pronged assault on our national and economic security, make it the defining threat of our generation,” Wray said. Xi promised Biden China wouldn’t interfere in the 2024 presidential election at that meeting, CNN reported exclusively this week. The high-level diplomatic contacts continued last week when national security adviser Jake Sullivan met Chinese Foreign Minister Wang Yi in Bangkok. “This is the cyberspace equivalent of placing bombs on American bridges, water treatment facilities and power plants,” he said. “If you have a cyberattack on that sort of technology, it could affect all signals at once,” Geddes said.

Persons: Christopher Wray, Rick Geddes, ”, Wray, Xi, ” Wray, Joe Biden, Biden, Biden China wouldn’t, Jake Sullivan, Wang Yi, Donald Trump, Kevin McCarthy, Mike Gallagher of, Raja Krishnamoorthi, Paul Nakasone, Gallagher, Geddes, ” Geddes Organizations: CNN, Cornell, Chinese Communist Party, Communist Party, CCP, South China, –, Capitol, Republican, Democrat, US Cyber Command, “ Locations: Washington, Beijing, United States, China, Taiwan, South, Xi Jinping’s China, California, Biden China, Bangkok, Mike Gallagher of Wisconsin, Illinois

☆ Exclusive: Xi promised Biden China wouldn’t interfere in 2024 election
▼ + stars: | 2024-01-30 | by ( Sean Lyngaas | Mj Lee | ) edition.cnn.com time to read: +6 min

In a meeting this past weekend in Bangkok with Chinese Foreign Minister Wang Yi, US national security adviser Jake Sullivan again brought up the topic. Wang offered Sullivan the same assurance Xi had given Biden months prior — that Beijing would not meddle in the American election this fall, the source said. The White House National Security Council declined to comment on whether election interference came up in the Biden-Xi and Sullivan-Wang meetings. CNN has reached out to the Chinese Foreign Ministry for comment. Last week, a senior National Security Agency official told reporters that the agency had not yet seen signs of any notable new foreign influence operations aimed at the 2024 election.

Persons: Xi Jinping, Joe Biden, Xi, Biden, Wang Yi, Jake Sullivan, Wang, Sullivan, Hillary Clinton’s, ”, “, Chris Krebs, ” Krebs, Brendan Smialowski, Antony Blinken, CNN’s Natasha Bertrand Organizations: CNN, Chinese Foreign, Democratic National Committee, FBI, Justice Department, White House National Security, Biden, Chinese Foreign Ministry, Microsoft, of, National Security Agency, US, Infrastructure Security, Economic Cooperation, APEC, Getty Locations: China, California, Bangkok, Beijing, Taiwan, Russia, Iran, Asia, Woodside , California, AFP, Washington, Chinese

☆ Tesla plans to build new electric vehicles in mid-2025, Reuters reports
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: +3 min

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNTBURBANK, CALIFORNIA - JANUARY 16: Tesla electric cars are parked at a Tesla dealership on January 16, 2024 in Burbank, California. Tesla CEO Elon Musk has long whetted fans' and investors' appetites for affordable electric vehicles and self-driving robotaxis that are expected to be made on next-generation, cheaper electric car platforms. Musk had first promised to build a $25,000 car in 2020, a plan he later shelved and then revived. watch nowMusk said in May that Tesla was working on two new products, with the potential for combined sales of 5 million vehicles a year. He and other Tesla executives laid out plans last March to halve the cost of its next-generation vehicles, but did not provide a timeframe for the launches.

Persons: Mario Tama, Tesla, Elon Musk, China's BYD, Musk, Walter Isaacson's Organizations: Getty Locations: BURBANK , CALIFORNIA, Burbank , California, U.S, United States

☆ China hates the new president of Taiwan — but its 'real nightmare scenario' is a Trump-Taiwan combo: analyst
▼ + stars: | 2024-01-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewFormer President Donald Trump winning the White House in 2024 would create a "nightmare" for China, especially with president-elect William Lai Ching-te at Taiwan's helm, an analyst on China said. Advertisement"Beijing's real nightmare scenario is not necessarily watching Lai Ching-te winning the presidency of Taiwan, but it's the combination of Lai Ching-te and perhaps Donald Trump coming back into the White House," Daniels said. "He was a transactional president," Rosen said. Trump followed up by suggesting that the US may one day abandon its agreement to the "one China policy," Beijing's red-line stance that Taiwan is part of China. Cross-strait tensions soared, but just two months later, Trump called Xi and agreed that the US would uphold the "one China policy."

Persons: —, Donald Trump, William Lai Ching, Lai, it's Trump, Rorry Daniels, Lai Ching, Daniels, Trump, Mike Pompeo, Pompeo, Xi Jinping's, Stanley Rosen, It's, Rosen, Tsai Ing, Wen, Ron DeSantis, Nikki Haley Organizations: Service, White House, Business, Democratic Progressive Party, Foreign Affairs Ministry, Lai's, Asia Society, Center for, Nikkei, Taiwan, University of Southern, China Institute, Xi, GOP, Iowa Republican Locations: China, Taiwan's, Beijing, Taiwan, Center for China, Nikkei Asia, University of Southern California's US, Hong Kong, Taipei, Iowa

☆ After a rough run, North Korea could at last find itself 'sitting pretty' in the new year with both Russia and China courting it, Korea watcher says
▼ + stars: | 2024-01-16 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

The result could be a very fortunate 2024 for North Korea, one in which Russia and China are both chasing after its attention. In that case, North Korea could be "sitting pretty," a top Korea watcher said last week. North Korea leader Kim Jong Un observes artillery fire competition in North Korea. North Korean military cadets hold a North Korean leader Kim Jong-Il's flag during a perform of the Arirang festival which is a part of commemorations marking the 60th anniversary of the Workers' Party of North Korea on October 6, 2005, in Pyongyang, North Korea. North Korea, on the other hand, has criticized, sometimes openly, China's disapproval of its testing of intercontinental ballistic missiles.

Persons: —, Donald Trump, Victor Cha, Cha, Kim Jong Un, Vladimir Putin, Kim, North, Kim Jong, SAUL LOEB, Chung Sung, there's, Xi Jinping, Xi, Donald Trump's, Trump, Putin, MIKHAIL METZEL Organizations: Service, Business, Democratic People's, Center for Strategic, International Studies, CSIS, The Capital, North, Trump, Asian Affairs, White, National Security Council, REUTERS, Metropole, Getty, White House, Putin, Korean, Workers ' Party of North, Vostochny Locations: Russia, Ukraine, North Korea, China, Korea, Democratic People's Republic of Korea, COVID, Asia, Hanoi, North, Korean, Workers ' Party of North Korea, Pyongyang, Beijing, Amur

☆ Opinion: The repercussions from Taiwan’s election will continue for years
▼ + stars: | 2024-01-16 | by ( Opinion Lanhee J. Chen | ) edition.cnn.com time to read: +7 min

CNN —For the US, Saturday’s Taiwan election results signal the continuation of heightened tension with China over the issue of Taiwan’s sovereignty. This will be the case regardless of who wins the US presidential election in November. In fact, support for Taiwan is one of the few policy issues on which there is agreement between Republicans and Democrats. Overall, Taiwan’s voters chose continuity over change by delivering a victory to Lai and the incumbent DPP. Taiwan's President-Elect, Lai Ching-te (left), celebrates with his running mate, Hsiao Bi-khim, during a rally outside the headquarters of the Democratic Progressive Party (DPP) in Taipei on January 13, after winning the presidential election.

Persons: J, Chen, David, Diane Steffy, Romney, Ryan, Lai Ching, Lanhee J, Chen Lanhee J . Chen, Lai, Hsiao Bi, Joe Biden, Donald Trump, Biden, Hsiao, Yasuyoshi Chiba, China’s, Xi Jinping, Elect Lai, —, ” Xi, Xi, ”, ” Lai Organizations: CNN, Public Policy Studies, Hoover Institution, California State, Republican, Democratic, Democratic Progressive Party, Republicans, Democrats, Taiwan’s, Taiwan's, Getty, Communist Party, Nationalist, Taiwan People’s Party, Beijing’sTaiwan, Chinese Communist Party Locations: Taiwan, China, Taipei and Washington, Taipei, People’s Republic of China, PRC, AFP, Nauru, Beijing, Taiwan Strait

☆ Xi Jinping is in a battle with China's own military, and the outcome could drag the US into WWIII
▼ + stars: | 2024-01-15 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

Xi Jinping is in a struggle with China's military, purging senior commanders to reshape it. A Chinese invasion somewhere like Taiwan could drag the US into a Third World War, one analyst said. AdvertisementXi Jinping is fighting with China's own military, seeking to purge commanders he sees as unwilling or unable to go to war, military analysts told Business Insider. Since taking power in 2012, Xi has overhauled China's military by cutting deep into its personnel, seeking to improve military-civilian cooperation, and reshaping its structure, among other reforms. A Chinese invasion in East Asia would drag Western countries into something larger, he predicted.

Persons: Xi Jinping, —, Gordon Chang, Chang, Xi, Liu Yazhou, Joel Wuthnow, Wuthnow, Biden, Vladimir, Jinping Organizations: Service, Gatestone Institute, Air Force, BI, Center, Chinese Military Affairs, National Defense University, China's, Force, PLA, Navy, NBC News, APEC, WWIII Locations: Taiwan, China, Washington , DC, India, Japan, East China, Philippines, South China, San Francisco, Ukraine, Russia, insurgencies, Africa, Gaza, Red, Persian Gulf, East Asia, Israel, United States

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