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Here are the meanings of the least-found words that were used in (mostly) recent Times articles. — Ireland’s Medieval Beacon (April 16, 1995)2. natant — swimming or floating (and a frequent guest on this list):I love the word natant. — Mexico’s Last Countercultural Coast (Feb. 3, 2020)6. tali — plural of talus, an ankle bone:T.I.L. (Today I Learned) that tali is another word for “anklebones.” — Long Story Short (Jan. 3, 2022)7. atilt — askew:The facade is atilt, the S.U.V. Wrestler Taps In Against Concussion Deniers (Oct. 26, 2022)The list of the week’s easiest words:

Persons: abbacy, Norman Leinster, —, peplum, hegemon, tali —, tali, ” —, atilt — askew, Stacey Abrams, ’, ”, Alessio Mortelliti, tallit — Organizations: Sun, —, University of Maine, National Science Foundation, Dolphins Locations: Glendalough, abbacy, China, Beijing, lantana, California, tatters, Ukraine

☆ China says drop in trade with the U.S. is 'a direct consequence of U.S. moves'
▼ + stars: | 2023-08-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Jason Lee | ReutersBEIJING — China's ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries. "This is a direct consequence of U.S. moves to levy Section 301 tariffs on Chinese imports, abuse unilateral sanctions and further tighten up export controls," he said. China's trade partnersThe U.S. is China's largest trading partner on a single country basis. Following her meetings with Chinese government officials, the U.S. and China agreed to establish regular communication channels on commerce, export controls and protecting trade secrets. Xie claimed that average U.S. tariffs on Chinese products were 19%, while the Chinese tariffs on U.S. goods averaged 7.3%.

Persons: Jason Lee, Xie Feng, Xie, Gina Raimondo's, Raimondo, Trump, Joe Biden, Janet Yellen Organizations: Reuters, Reuters BEIJING —, Forbes, U.S, China Business Forum, European Union and Association of Southeast, . Commerce Secretary, . Commerce, The Locations: Washington, Beijing, Taiwan, South China, Reuters BEIJING, U.S, China, New York, U.S . China, United States, Nations, France, Japan, The U.S

☆ China's economy is entering a 'structural hard landing' as growth will remain low
▼ + stars: | 2023-08-30 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

China's economy will struggle for at least the next year, TS Lombard strategists said. The research firm estimated China's growth would remain under 5% through 2024. That implies the nation's economy will slip into a "structural hard landing," strategists said. AdvertisementAdvertisementMeanwhile, turmoil in China's real estate and stock market helped wipe away recent wealth gains, which initially was thought would help economic growth once China's economy reopened. Other analysts have warned of long-term problems for China's economy, given that the nation is also slammed with high debt levels and an aging population.

Persons: TS Organizations: Service, People's Bank of China Locations: Wall, Silicon, China

☆ China is doing everything it can to conceal the true extent of its economic turmoil
▼ + stars: | 2023-08-29 | by ( Linette Lopez | ) www.businessinsider.com time to read: +13 min

China's economy is turning into a big black blob. This is happening because Xi's China is one that puts ideology before economic growth. Not because the reforms weren't working, but because the China they were creating is not the one Xi wants to see. Even as the main drivers of China's economy stumble, there will be no direct support to help households power through this fragile period. Known unknownsTransparency in China's economic data has always moved the same cycles as its politics.

Persons: —, Xi Jinping, it's, Charlene Chu, Xi, who've, It's, Chu, Fan Zhang, Zhang, Xie Huanchi, thegovernment, Victor Shih, Ministry of State Security —, isn't, Shih, Linette Lopez Organizations: Communist, Autonomous Research, Nike, Starbucks, CCP, National Bureau of Statistics, Custom, J Capital Research, Study Times, Getty, World Trade Organization, Century China Center, University of California, Communist Party, Ministry of State Security, Beijing Locations: China, COVID, Xinhua, University of California San Diego, Beijing

China operates talent programs at various levels of government, targeting a mix of overseas Chinese and foreign experts. China has previously said its overseas recruitment through the TTP aimed to build an innovation-driven economy and promote talent mobility, while respecting intellectual property rights, according to the state-run Xinhua news agency. It said that anyone who recommends a candidate who is then selected for the talent programs would receive "diamonds, bags, cars, and houses". In some cases, these people said, those experts will be offered roles at Chinese chip companies' overseas operations. ($1 = 7.1475 Chinese yuan renminbi)Reporting by Julie Zhu, Fanny Potkin, Eduardo Baptista and Michael Martina; editing by David CrawshawOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence Lo, Xi Jinping, Qiming, Dean Boyd, Nick Marro, Chen Biaohua, Chen, Ma Yuanxiao, Dawei Di, Di, Zhuji, Julie Zhu, Fanny Potkin, Eduardo Baptista, Michael Martina, David Crawshaw Organizations: REUTERS, Washington, Reuters, China, Ministry of Industry, Information Technology, U.S . Commerce Department, Xinhua, Ministry of Science, Technology, U.S, government's National Counterintelligence and Security Center, Economist Intelligence, China Center for Information Industry Development, China Semiconductor Industry Association, Qiming, Massachusetts Institute of Technology, Harvard, Stanford, HK, LinkedIn, Hangzhou Juqi Technology, Fortune, Beijing Institute of Technology, BIT's School of Integrated Circuits, Electronics, Britain's University of Nottingham, University of Hong, BIT, Communist Party's Organization Department, Zhejiang University, Communist Party, Thomson Locations: China, HONG KONG, SINGAPORE, WASHINGTON, U.S, China's, Qiming, Beijing, Hangzhou, ResearchGate, University of Hong Kong, Ma, Zhejiang, Wenzhou, Cambridge

The London Metal Exchange (LME) three-month copper price has been oscillating in a $7,800-8,870 per metric ton range since May as old and new price drivers compete. The gyration in net positioning is partly a reflection of copper's own choppy range-trading with many black box funds configured to react to changes in directional momentum. Money managers have lifted outright short positions on CME copper to 69,707 contracts, the largest collective bear bet on lower prices since early 2020. The net short position of 18,127 contracts is a sign the bears are in the ascendancy. The key takeaway from speculative positioning on both U.S. and London markets is that fund players are betting bigger on copper.

Persons: Ricardo Moreno, San Pedro de Barva, Juan Carlos Ulate, Long, Copper, David Evans Organizations: REUTERS, London Metal Exchange, CME, Zhongrong International, Co, Fund, Thomson, Reuters Locations: San Pedro, Costa Rica, China, Beijing, London, United States, Europe

☆ Vanuatu faces political instability as govt delays no-confidence vote
▼ + stars: | 2023-08-10 | by ( Kirsty Needham | ) www.reuters.com time to read: +3 min

REUTERS/Eduardo Munoz/File PhotoSYDNEY, Aug 10 (Reuters) - Vanuatu Prime Minister Ishmael Kalsakau said political instability in the Pacific Islands nation could impact investment and tourism, after his government boycotted a no-confidence vote in parliament on Thursday. The reasons given for removing the prime minister had "no basis", he added. Loughman drew Vanuatu closer to China as the previous prime minister, until his government lost a snap national election in 2022. In a bid to boost government numbers, Jotham Napat stepped down as foreign minister and deputy prime minister on Monday, allowing a cabinet reshuffle that won back two lawmakers. Loughman countered that he had the numbers to form government next week, Vanuatu Daily Post reported.

Persons: Alatoi Ishmael Kalsakau, Eduardo Munoz, Ishmael Kalsakau, Bob Loughman, Kalsakau, Loughman, Jotham Napat, Kirsty Needham, Stephen Coates Organizations: United Nations Headquarters, REUTERS, Vanuatu, Vanuatu Daily Post, Thomson Locations: Vanuatu, New York City, U.S, China, Australia, Loughman, United States, Beijing, Solomon Islands

Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song/File PhotoAug 9 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Producer prices in China have been falling on an annual basis every month since October, and more importantly, the pace of decline has accelerated this year. The range of PPI forecasts is -6.1% to -2.9%, and the CPI range is -0.9% to 0.5%, according to Reuters polls. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Aly, Jamie McGeever, Deepa Babington Organizations: REUTERS, Wall Street, CPI, Bridgestone, Honda, Sony, Nasdaq, China CPI, PPI, Thomson, Reuters Locations: Shanghai, China, Japan, Asia, South Korea

☆ Ron DeSantis is just a medium-sized version of Trump that China doesn't need to worry about: Chinese state media pundit
▼ + stars: | 2023-08-07 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

A commentator at China's state-run Global Times called Ron DeSantis a medium-sized Trump. Chinese pundit Ding Gang said DeSantis' China policies are "no different" from Trump's. Ding also wrote that, in his opinion, China doesn't need to "worry about the smaller-sized Trumps." Ron DeSantis on Sunday, calling the Florida governor a medium-sized Trump who poses little threat to China. "If the real Donald Trump is an L-size candidate, then Florida Governor Ron DeSantis is an M-size Trump," wrote Ding Gang, a foreign affairs columnist for the state-run Global Times.

Persons: Ron DeSantis, Ding Gang, DeSantis, Ding, Donald Trump, Gang, Trump, Democratic Party's Biden Organizations: Trump, Service, Florida, Times, Democratic, Washington , D.C Locations: China, Wall, Silicon, Florida, Washington ,

☆ How U.S. microchips are fueling Russia's military — despite sanctions
▼ + stars: | 2023-08-07 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +8 min

Murky supply chainsNot all advanced technologies are subject to Western sanctions on Russia. So, a Russian military, as well as its civilian economy, have become dependent," Sam Bendett, advisor at the Center for Naval Analyses, said. Meanwhile, sanctions on Russia are largely limited to Ukraine's Western allies, meaning that many countries continue to trade with Russia. And this is what the Russian industry as well as the Russian military and its intelligence services are taking advantage of," Bendett said. Sanctions clampdownThe burgeoning trade flows have prompted calls from Western allies to either get more countries on board with sanctions, or slap secondary sanctions on certain entities operating within those countries in a bid to stifle Russia's military strength.

Persons: Elina Ribakova, KSE, Sam Bendett, spokespeople, Bendett, Sellers Organizations: CNBC, Semiconductors, Peterson Institute for International Economics, KSE Institute, Kyiv School, Economics, United Arab, Moscow, Royal United Services Institute, U.S ., Center for Naval, Russian, Economic Security, of, CNBC Exports, Union, Russian Federation, European Union, Peterson Institute for International Locations: Russia, Moscow, China, Turkey, United Arab Emirates, Ukraine, Russia's, U.S, Japan, Germany, Russian, microchips, Hong Kong, of Ukraine, Caucasus, Central Asia, Georgia, Armenia, Kyrgyzstan

☆ Ukraine's offensive is bearing down on Russian forces, but Chinese artillery could still bail Moscow out
▼ + stars: | 2023-08-02 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The Russian military relies on artillery to compensate for other battlefield shortcomings. But its heavy use of artillery in Ukraine could outstrip its ability to make new shells and cannons. The commander of Russia's 58th Army in Ukraine was recently relieved after complaining about the state of Russian artillery, including "the lack of counter-battery fire" and "lack of artillery reconnaissance stations." Chinese artillery troops during a live-fire test in Anhui Province in October 2021. Chinese support could mean the difference between victory and defeat for Russia, but salvation from Beijing may be a long time coming.

Persons: Mao, ANDREY KRONBERG, People's Liberation Army —, China's, Vladimir Putin, Xi Jinping, Dmitri Lovetsky, Xi, Beijing hasn't Organizations: Service, War, Artillery, Royal United Services Institute, Getty, Army, Russia, Publishing, People's Liberation Army, Foreign Ministry, Ukraine, Reuters, China's Locations: Ukraine, Russia, Wall, Silicon, Kyiv, Iran, North Korea, China, British, Volgograd, AFP, Moscow, Anhui Province, St . Petersburg, Beijing, Western, Taiwan, Europe, cynically, Central Asia

☆ Italy just slammed China's trillion-dollar Belt and Road Initiative, saying it was an 'atrocious' decision to join and that it's barely benefited from the deal
▼ + stars: | 2023-07-31 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

He said the pact had multiplied China's exports to Italy, but made little difference to Italy's exports to China, according to a Reuters report Sunday. When Italy pledged to join China's BRI in 2019, it was the largest economy to do so. However, since then, Italy's imports from China have almost doubled, but the European nation's exports to China have barely increased. Italy's exports to China rose to 16.4 billion euros, or $18 billion, in 2022, from 13 billion euros in 2019. On the other hand, China's exports to Italy rose from 31.7 billion euros in 2019 to 57.5 billion euros in 2022, Reuters reported, citing data from Italy's economic observatory.

Persons: Guido Crosetto, Crosetto, —, della Sera, China's, Giorgia Meloni, Meloni Organizations: Initiative, Service, della, Strategic, International Studies, Reuters, Politico, Eurasia Group Locations: Italy, China's, Wall, Silicon, Italian, China, Europe, Asia, Indonesia, Poland, Egypt, Beijing, Washington

☆ Joining China's Belt and Road was an 'atrocious' decision, Italian minister says
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +2 min

[1/2] Italy's biggest container port Gioia Tauro is seen from a helicopter in the southern Italian region of Calabria, November 8, 2012. REUTERS/Alessandro BianchiROME, July 30 (Reuters) - Italy made an "improvised and atrocious" decision when it joined China's Belt and Road Initiative (BRI) four years ago as it did little to boost exports, Italian Defence Minister Guido Crosetto said in an interview published on Sunday. The BRI scheme envisions rebuilding the old Silk Road to connect China with Asia, Europe and beyond with large infrastructure spending. "The decision to join the (new) Silk Road was an improvised and atrocious act" that multiplied China's exports to Italy but did not have the same effect on Italian exports to China, Crosetto told the Corriere della Sera newspaper. Because it is true that China is a competitor, but it is also a partner," the defence minister added.

Persons: Gioia Tauro, Alessandro Bianchi ROME, Guido Crosetto, Crosetto, Joe Biden, Giorgia Meloni, Meloni, Alvise Armellini, David Evans Organizations: Gioia, REUTERS, Initiative, Italian, della Sera, TG5, Thomson Locations: Italian, Calabria, Italy, China, Asia, Europe, Beijing, TG5 Italian

The steady stream of Chinese shipments has served to plug supply gaps in Western markets and helped replenish depleted London Metal Exchange (LME) stocks. China's export impulse is keeping the local market tight, which appears to be attracting a lot of speculative attention to the Shanghai lead contract. The three top destinations over the first half of 2023 were Taiwan (17,500 metric tons), Vietnam (16,100 metric tons) and Bangladesh (10,300 metric tons). LME STOCKS REBUILDSome of China's outbound shipments have been trickling into the LME warehouse system. ShfFE lead price, MOI and stocksCHINA TIGHTNESSWhile LME stocks have been rising, ShFE inventory has been sliding.

Persons: It's, Emelia Sithole Organizations: London Metal Exchange, Shanghai Futures Exchange, China, Reuters, Thomson Locations: Shanghai, China, Europe, United States, Asia, Taiwan, Vietnam, Bangladesh, Kaohsiung, Singapore, Stolberg, MOI, CHINA, London

☆ Why Heat Waves Are Deepening China’s Addiction to Coal
▼ + stars: | 2023-07-20 | by ( Keith Bradsher | More About Keith Bradsher | ) www.nytimes.com time to read: +1 min

China has an answer to the heat waves now affecting much of the Northern Hemisphere: burn more coal to maintain a stable electricity supply for air-conditioning. Last month, China generated 14 percent more electricity than it did in June 2022, and the whole increase was generated by coal-fired plants. China’s ability to ramp up coal usage in recent weeks is the result of a huge national campaign over the past two years to expand coal mines and build more coal-fired power plants. State media celebrated the industriousness of the 1,000 workers who toiled without vacations this spring to finish one of the world’s largest coal-fired power plants in southeastern China in time for summer. Yet for reasons of energy security and domestic politics, it is doubling down on coal.

Organizations: Northern Locations: China, United States, Europe, Japan

HONG KONG, July 18 (Reuters) - China plans to appoint the CEO of state-owned telecoms giant China Unicom (0762.HK), (600050.SS), Liu Liehong, as the head of its new national data bureau, four sources said, putting him in charge of efforts to make the country a digital superpower. China announced plans for the data bureau in March as part of a sweeping government reshuffle. Its formation is part of efforts to achieve President Xi Jinping's vision of a "digital China", where data is managed alongside labour and capital as a key economic driver. China's internet regulator, the Cyberspace Administration of China (CAC), will also transfer some staff to the data bureau, said one source. "Whether Mr. Liu Liehong will take up any role in the National Data Bureau shall be subject to the decision of the PRC government," it added.

Persons: Liu Liehong, Liu, Xi, China Unicom, Julie Zhu, Kevin Huang, Jane Xu, Brenda Goh, Sam Holmes Organizations: HK, National Data Bureau, Reuters, China, Tech Development Department, Cyberspace Administration of China, CAC, Information Office, National, Bureau, China Electronics Technology Group Corporation, Ministry of Industry, Information Technology, Communist Party, Committee, Thomson Locations: HONG KONG, China, Hong Kong, Chengdu, Sichuan province

☆ TSMC does not expect direct production impact from China's metal export curbs
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, July 6 (Reuters) - Taiwan's TSMC (2330.TW), the world's largest contract chipmaker, said on Thursday it does not expect any direct impact on its production from China's decision to restrict exports of two metals widely used in semiconductors and electric vehicles. That followed the U.S. decision to impose export restrictions to curb China's access to key technologies used for artificial intelligence. "After evaluation, we do not expect the export restrictions on raw materials gallium and germanium will have any direct impact on TSMC's production," Taiwan Semiconductor Manufacturing Co said in an emailed statement. China's restrictions will have a very limited impact on the company's short-term procurement and wafer production and delivery, WIN added. Visual Photonics Epitaxy said it had noticed little effect so far from China's export restrictions.

Persons: TSMC, chipmaker, Janet Yellen's, Yellen, Liao Chien, Ben Blanchard, Roger Tung, Tom Hogue, Jamie Freed Organizations: Apple, Nvidia, Taiwan Semiconductor Manufacturing, Treasury, Capital Securities Corp, WIN Semiconductors, Reuters, WIN, Visual Photonics, Photonics, Thomson Locations: TAIPEI, Beijing, U.S, Taiwan, Taipei, China, Germany, Japan

☆ Weaker China offers opportunities to US and allies
▼ + stars: | 2023-07-03 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

It is also a setback for his most important ally, Chinese President Xi Jinping. So the United States and its allies can’t let their guard down. In 2021 the United States chaotically pulled out of Afghanistan and its alliance of rich democracies was in disarray. It seemed only a matter of time before China would overtake the United States as the world’s largest economy. At some point, the Chinese president may conclude that the Russian president is such a loser that he should do just that.

Persons: Vladimir Putin hasn’t, Xi Jinping, can’t, United States chaotically, Xi’s, Putin, Yevgeny Prigozhin, Narendra Modi, Joe Biden, George Magnus, Antony Blinken, Biden can’t, Peter Thal Larsen, Thomas Shum Organizations: Reuters, PUTIN, Russia, U.S, Shanghai Stock, Reuters Graphics, Thomson Locations: Russian, China, Taiwan, United States, Afghanistan, Russia, Ukraine, Moscow, Pacific, India, America, U.S, Kyiv

☆ Brands focus on stories in refining China livestreaming to boost profits
▼ + stars: | 2023-06-28 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +6 min

[1/5] Livestreaming sessions by Chinese livestreamers Li Jiaqi and Viya, whose real name is Huang Wei, (L) are seen on Alibaba's e-commerce app Taobao displayed on mobile phones in this illustration picture taken December 14, 2021. Stellar growth boosted by the COVID-19 pandemic saw the industry employ more than 1.23 million livestream hosts by 2020, says researcher iResearch, along with numerous accompanying livestream-related training academies and agencies. While Tmall and Li Jiaqi remain powerful, brands moving away from that strategy are cutting reliance on massive discounts and even his famous exhortation, "Oh my god! Liu once thought her brand's price point of about 2,000 yuan ($277) for its dresses made it incompatible with bargain-heavy livestreaming. The dominance of pureplay sales platforms such as Alibaba's Tmall and Taobao, along with JD.com (9618.HK), is increasingly challenged by entertainment and information-led platforms such as Douyin and Xiaohongshu.

Persons: Li Jiaqi, Huang Wei, Florence Lo, Apple's, William Lau, Clyde, iResearch, Jacob Cooke, Li, Liu, Hugo Boss, superhost Viya, Lexie Moris, Betty, Casey Hall, Miyoung Kim, Clarence Fernandez Organizations: REUTERS, Apple Watch, HK, Tmall, Thomson Locations: SHANGHAI, China, Beijing, Asia, Pacific, Douyin

SYDNEY, June 27 (Reuters) - New Zealand's Foreign Minister Nanaia Mahuta said on Tuesday she had a "very robust" discussion during an earlier meeting with her Chinese counterpart, as the leaders of the two countries prepare to meet. A report by the Australian newspaper said Mahuta received an "epic haranguing" and an "almighty dressing down" during a March meeting with China's foreign minister Qin Gang, in a potential sign of tensions in the relationship between New Zealand and its largest trading partner. "I would say that China is very assertive in the way that it conveys its interests," Mahuta told reporters on Tuesday, characterising the March meeting as "very robust". Mahuta did not elaborate further on the topics discussed in the meeting. Prime Minister Chris Hipkins is currently leading a delegation to Beijing that arrived on Monday and includes some of New Zealand's biggest companies.

Persons: Nanaia Mahuta, Mahuta, Qin Gang, Chris Hipkins, Xi Jinping, Li Qiang, Zhao Leji, Alasdair Pal, Michael Perry Organizations: SYDNEY, Zealand's, National People's Congress, Australia, Thomson Locations: New Zealand, China, Beijing, New, Sydney

☆ India's Modi is on a landmark visit to the U.S. Here's what to expect
▼ + stars: | 2023-06-21 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +10 min

"This is a very important visit, it is as much about India reaching out to the U.S., as it is about the U.S. reaching out to India," Pant said. Energy: Reliance on Russian oilAlthough India's purchase of Russian weapons could fall, the same can't be said for oil. When Western nations imposed sanctions on Russian oil as a result of the unprovoked war in Ukraine, India doubled down on its purchases. Russian oil currently accounts for almost 20% of India's annual crude imports, a significant increase from just 2% in 2021, Reuters reported. But India has continued to buy cheap Russian oil since and continues trading with the country despite global sanctions on the Kremlin.

Persons: Joe Biden, Narendra Modi, Harsh, Pant, Biden, Emmanuel Macron, Yoon Suk, Aamer, Vladimir Putin, Alexandr Demyanchuk, Modi, Manjari Miller, Lisa Curtis, Curtis, Karthik Nachiappan, Ashley Tellis, Amit Ranjan, India, Ranjan, —, Tesla, Elon Musk, Tim Cook, Google's Sundar Pichai, Satya Nadella, Raj Subramaniam Organizations: Indian, White House, Getty, U.S, Observer Research Foundation, South, Asia Society Policy Institute, CNBC, Kremlin, Reuters, Shanghai Cooperation Organization, Afp, India's Ministry of Defense, Council, Foreign Relations, NATO, Pacific Security, Center, New, New American Security, Carnegie Endowment, International Peace, Institute of South Asian Studies, National University of Singapore, Energy, Reliance, NUS Institute of South Asian Studies, Technology, China Partnerships, Emerging Technology Locations: Washington ,, India, U.S, Delhi, South Asia, Russia, Ukraine, Samarkand, Pakistan, New American, China, United States, Asia, New York

[1/2] U.S. President Joe Biden meets with India's Prime Minister Narendra Modi in the Oval Office at the White House in Washington, U.S., September 24, 2021. Washington also wants to wean India away from its traditional defence partner Russia. Though Modi has made several previous visits to the United States, this will be his first with the full diplomatic status of an official state visit, just the third of Biden's presidency and third by any Indian leader. "It’s a milestone in our relationship...It is a very significant visit, very important visit," India’s Foreign Secretary Vinay Kwatra told reporters on Monday. Modi will also meet American CEOs and lead an International Yoga Day event at the UN headquarters.

Persons: Joe Biden, Narendra Modi, Evelyn Hockstein, Modi, Vinay Kwatra, Kwatra, General, Ely Ratner, Biden, Kamala Harris, Antony Blinken, Raja Mohan, Krishn Kaushik, Sarita Chaganti Singh, David Brunnstrom Organizations: India's, White, REUTERS, Indian, . Congress, JET, General Electric, U.S ., Defense, Pacific Affairs, UN, Asia Society Policy, Rajesh, Thomson Locations: Washington , U.S, India, DELHI, WASHINGTON, United States, Washington, Washington and New Delhi, Pacific . Washington, Russia, New Delhi, Moscow, Ukraine, West, China, Cooperation, New York, U.S, Asia, NEW DELHI

☆ AstraZeneca planning China business spin off, Financial Times reports
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: +1 min

Companies AstraZeneca PLC FollowJune 18 (Reuters) - Drugmaker AstraZeneca (AZN.L) is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is being viewed as an option, the Financial Times reported on Sunday. The company would seek to be a patriotic company in China that "loves the Communist Party", its China president said in May. Last year, the country accounted for 13% of AstraZeneca's total sales, and the company is China's biggest drugmaker. The spin off could protect AstraZeneca from tensions between China and other global powers, while the company retained control of the business, the FT's report said. AstraZeneca said it did not comment on "rumours or speculations around future strategy or M&A."

Persons: Bharat Govind Gautam, Rishabh Jaiswal, Chris Reese, Diane Craft Organizations: AstraZeneca, Financial Times, Communist Party, Thomson Locations: China, Hong Kong, Shanghai, Bengaluru

☆ In China, Blinken Faces Clashing Agendas and a Question: Will Xi Show Up?
▼ + stars: | 2023-06-17 | by ( Edward Wong | David Pierson | ) www.nytimes.com time to read: +1 min

What is China likely to say? China is expected to raise a litany of grievances reflecting Beijing’s view that the United States is a declining hegemon determined to cling to power by containing China economically, militarily and diplomatically. China’s leader, Xi Jinping, has described Taiwan as “at the very core of China’s core interests” and has accused the United States of supporting “pro-independence” forces and meddling in China’s internal affairs. China is also likely to express deep frustration over U.S.-led efforts to restrict Chinese access to advanced semiconductor chips and manufacturing equipment. China sees the ban as an example of “zero-sum competition” that is driving the two countries toward confrontation.

Persons: Xi Jinping Organizations: People’s Liberation Army Locations: China, United States, Taiwan, Beijing, Washington

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