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☆ Chinese trapeze artist falls to her death during performance with husband
▼ + stars: | 2023-04-18 | by ( Nectar Gan | ) edition.cnn.com time to read: +3 min

CNN —A Chinese acrobat has fallen to her death during an aerial silks performance, sparking horror and outcry on social media over the lack of safety measures. She was taken to hospital but died of her injuries, the Tongqiao district government said in a statement Monday. How come there are no safety measures?”The acrobat couple are seen performing another set of aerial silks routine before the accident. The show was hosted by a local farm business owner, who contracted the Anhui Yaxi Performing Arts Media Company to run the performance, the statement said. The report added that the female acrobat had been married to her husband for more than a decade and left behind two children.

☆ Sandstorms, dangerous pollution return to Beijing
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +2 min

[1/2] A woman poses for pictures near the Forbidden City, as the city is shrouded in smog amid a sandstorm, in Beijing, China March 10, 2023. The capital Beijing has seen regular air pollution and an unseasonal number of sandstorms over the past few weeks. On Tuesday morning, smog and misty grey clouds could be seen enveloping Beijing and the city's real-time air quality index was at a serious pollution level, according to the website of the Beijing Municipal Ecological and Environmental Monitoring Center. The concentration of fine particulates in the air in Beijing is currently 46.2 times the World Health Organization's annual air quality guideline value, according to IQAir, a website that issues air quality data and information. Beijing has regular sandstorms in March and April as it is near the large Gobi desert.

☆ Inside Nike: Sources share claims of sexism, cheating, abuse at the world's wokest brand
▼ + stars: | 2023-04-05 | by ( Joshua Hunt | ) www.businessinsider.com time to read: +51 min

The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.

☆ China's Huawei partners with more automakers to produce Aito EVs
▼ + stars: | 2023-04-01 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, April 1 (Reuters) - China's Huawei Technologies (HWT.UL) is partnering with more legacy automakers to produce Aito-branded electric cars, the company's senior executive said on Saturday, in a move to expand its presence in the auto industry. Huawei will team up with Chery Automobile (CHERY.UL), BAIC Motor (1958.HK) and Anhui Jianghuai Automobile Group (600418.SS) in jointly developing and manufacturing Aito-branded vehicles, Richard Yu, Huawei's Smart Car CEO, said at the China EV 100 forum in Beijing. Huawei, which has already a partnership with Seres Group (601127.SS) to make Aito cars, plans a series of models including SUVs, sedans and multipurpose vehicles under the Aito brand, Yu added. Huawei has been hit by a series of export controls by Washington which says it is a security risk, which the company denies. The sanctions have also affected Huawei's partnerships with global automakers, who have given up using Huawei's vehicle connectivity technologies in the past two years, Yu said on Saturday.

☆ Thick sandstorms shroud Beijing and several provinces in China
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +1 min

BEIJING, March 22 (Reuters) - Capital Beijing and several provinces in China will be affected by thick, dense sandstorms that will severely affect visibility, Chinese weather authorities said on Wednesday. The Central Meteorological Observatory issued yellow warning signals from Wednesday to early morning Thursday for Shaanxi, Shanxi, Hebei, Heilongjiang, Jilin, Liaoning, Shandong, Henan, Jiangsu, Anhui and Hubei provinces. Many areas will have low visibility, weather forecasters said, cautioning drivers on speed. China has a four-tier, colour-coded weather-warning system, with red representing the most severe warning, followed by orange, yellow and blue. Beijing, which was also issued a yellow sandstorm warning, has experienced sand and dust storms over the past several days, causing pollution levels to drastically increase.

☆ As China's birth rate slumps, political advisor urges egg freezing for single women
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

Lu, a fertility doctor in China's southern Hainan province, said giving single women access to freezing their eggs enables them "to preserve the eggs before they pass their peak reproductive years. Currently fertility treatments such as in vitro fertilisation (IVF) and egg freezing in China are banned for unmarried women. Lu's recommendations come as authorities try to bolster a faltering birth rate with incentives including expanding maternity leave, financial and tax benefits for having children as well as housing subsidies. Last year, China recorded its lowest ever birth rate, of 6.77 births per 1,000 people. While nine of the 10 most populous nations in the world are experiencing declines in fertility, China's 2022 fertility rate of 1.18 was the lowest and well below the 2.1 OECD standard for a stable population.

☆ The 4-day workweek: Science explains why it could improve our minds, bodies, and companies' bottom lines
▼ + stars: | 2023-02-26 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +9 min

Science explains why the four-day workweek could be good for employees and employers alike. There's no control group — a company or companies that maintained a five-day workweek, to compare against the four-day workweek companies. There's also a risk of "selection bias" — a particular type of company may be far more likely to volunteer for a four-day workweek trial. Here's what science has to say about the UK four-day workweek trial results. Cortisol, too, can affect sleep quality, so having fewer high-cortisol days (ahem, work days) may mean fewer days of meager sleep.

☆ Exclusive: EV maker Nio plans new 40 GWh battery plant in China- sources
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +1 min

[1/2] Nio's ES7 electric vehicle is displayed at the Chinese EV maker's showroom in Shanghai, China, February 3, 2023. REUTERS/Aly SongSHANGHAI, Feb 24 (Reuters) - Nio (9866.HK) plans to build its first battery plant to produce big cylindrical cells similar to those used by Tesla, two people familiar with the matter said, as the Chinese EV maker seeks to cut its reliance on suppliers like CATL (300750.SZ). It will be located next to its main manufacturing hub in Hefei city, in eastern China's Anhui province, they said. Reuters is reporting the details of Nio's plan for the first time. Reporting by Zhang Yan, Zhuzhu Cui and Brenda Goh; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ China's Nio to build factory for budget EVs - sources
▼ + stars: | 2023-02-21 | by ( ) www.reuters.com time to read: +1 min

SHANGHAI, Feb 21 (Reuters) - Chinese electric vehicle (EV) maker Nio Inc (9866.HK) plans to build a factory in Chuzhou city in the eastern province of Anhui to produce budget EVs under a new brand, said three people with knowledge of the matter. Neither Nio nor the Chuzhou local government immediately responded to requests for comment. Nio's main brand, Nio, is positioned for the premium car segment to compete with brands such as BMW, Audi and Mercedes-Benz in China and Europe. More than a quarter of the new cars sold in January in China were either pure electric or plug-in hybrids, according to China Passenger Car Association. Reporting by Zhang Yan, Zhuzhu Cui and Brenda Goh; Editing by Christopher Cushing and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

☆ China issues heavy fog warnings, some shipping suspended
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Feb 7 (Reuters) - China issued dangerous heavy fog warnings for many regions and shipping was suspended in the Qiongzhou Strait, an important economic transport hub near Hainan, according to state and local media on Tuesday. China has a four-tier, color-coded weather-warning system, with red representing the most severe warning, followed by orange, yellow and blue. Multiple areas in China's southeastern Fujian also issued alerts for heavy fog, with ferry crossings between Xiamen and Zhangzhou suspended, according to CCTV. Fog will continue in the mornings and evenings of Qiongzhou Strait until Friday, and conditions for navigation will be poor, CCTV reported citing the national weather forecast bureau. In December, one person was killed when more than 200 vehicles were involved in a pile-up on a bridge in China's central Zhengzhou city due to heavy fog.

After three years of strict and suffocating anti-virus controls, China in early December abruptly abandoned its "zero COVID" policy, letting the virus run freely through its 1.4 billion population. Several experts forecast more than one million people in China will die from the disease this year. TRAVEL RUSHBeijing's main rail station has been packed with passengers leaving the capital in recent days, according to Reuters witnesses. Meanwhile, daily arrivals in the gambling hub of Macau exceeded 55,000 on Saturday, the highest daily arrivals since the pandemic began. China's transport ministry has said it expects more than 2 billion trips in the weeks around the holidays.

☆ U.S. talks with Japanese, Dutch to yield no immediate China chip export curbs -source
▼ + stars: | 2023-01-12 | by ( Alexandra Alper | ) www.reuters.com time to read: +1 min

[1/2] Employees work at a production line manufacturing chips inside a factory of an electronics company in Chizhou, Anhui province, China March 21, 2018. Upcoming meetings between U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida and Dutch Prime Minister Mark Rutte at the White House on Friday and next Tuesday, respectively, will provide forums to discuss the issue, said a person briefed on U.S. officials' thinking. But, "these visits will not result in immediate announcements and (are) part of our ongoing consultations on these issues," the person cautioned. A key commerce department official said in October that such agreements were coming "in the near term." Reporting by Alexandra Alper; Editing by Leslie Adler and Lincoln Feast.

☆ Tesla suppliers shares jump as electric automaker cuts prices for some models in China
▼ + stars: | 2023-01-06 | by ( Jihye Lee | ) www.cnbc.com time to read: 1 min

Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images)Tesla's Chinese suppliers jumped after the electric automaker slashed prices for some models in China. Shenzhen-listed shares of Tesla's Chinese suppliers rallied on optimism the price cut could boost demand. Shares of Anhui Shiny Electronic Technology closed 8.8% higher and Hengdian Group DMEGC Magnetics gained nearly 9%. Zhejiang Chint Electrics closed 7.92% higher and Shandong Jinjing Science & Tech rose more than 6%.

China has said it only counts deaths of COVID patients caused by pneumonia and respiratory failure as COVID-related. The holiday travel rush is expected to last for 40 days, from Jan. 7 to Feb. 15, the Ministry of Transport said this week. China's official death toll of 5,246 since the pandemic began compares with more than 1 million deaths in the United States. The United States, India, Italy, Japan and Taiwan said they would require COVID tests for travellers from China. Omicron was still the dominant strain in China, Chinese health officials said this week.

[1/4] People wait in line at a coronavirus disease (COVID-19) test centre in Xinyang, China, this still image obtained from social media video released December 15, 2022. China reported 2,157 new symptomatic COVID-19 infections for Dec. 15 compared with 2,000 a day. There is particular concern about China's hinterland in the run up to China's Lunar New Year holiday starting on Jan. 22. The COVID scare in China also led people in Hong Kong, Macau and in some neighbourhoods in Australia to go in search for fever medicines and test kits for family and friends on the mainland. JP Morgan on Friday revised down its expectations for China's 2022 growth to 2.8%, which is well below China's official target of 5.5% and would mark one of China's worst performances in almost half a century.

☆ China agreed to form global sovereign debt 'roundtable' -IMF chief
▼ + stars: | 2022-12-16 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

WASHINGTON, Dec 15 (Reuters) - Chinese officials have agreed to form a global sovereign debt "roundtable" that would include a wide variety of stakeholders, including private sector creditors, International Monetary Fund chief Kristalina Georgieva said on Thursday. China has argued that private creditors and multilateral development banks should be required to accept debt "haircuts" to make the process fair. "We agreed that we should form a global sovereign debt roundtable at the highest level - the key creditors, some of the borrowers, the private sector - with the World Bank, the IMF and the G20 presidency being the co-conveners," she said. The proposed roundtable offered a structure to help improve the debt treatment process and avoid a systemic debt crisis, she said. Georgieva, World Bank President David Malpass and other financial leaders met in China's Anhui province last week with officials from the People's Bank of China, China's finance ministry and its EXIM Bank and China Development Bank.

☆ China's retail sales shrink far more than expected, while industrial production disappoints
▼ + stars: | 2022-12-15 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — China reported economic data Thursday that missed expectations across the board during a month in which widespread Covid controls weighed on growth. Retail sales fell by 5.9% in November from a year ago, the National Bureau of Statistics said. Industrial production grew by 2.2% in November from a year ago, missing Reuters' forecast for a 3.6% increase. The reported pace was also slower than the 5% increase in October. Fixed asset investment for the year through November slowed to 5.3% year-on-year growth, missing Reuters' expectations for a 5.6% increase.

China's health authority did not immediately respond to a request for comment on infections among medical staff. A few nurses at the fever clinic were tested positive, there aren’t any special protective measures for hospital staff and I believe many of us will soon get infected," Li added. A post on the Weibo social media platform recounted a recent experience at the emergency ward at Beijing Hospital. "Those who have not been to the emergency department of Beijing Hospital don't know what a mess it has become," wrote a Weibo user called Moshang. Beijing Hospital did not immediately respond to a Reuters' request for comment.

☆ IMF chief Georgieva cites 'fruitful exchange' with China on debt issues
▼ + stars: | 2022-12-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

WASHINGTON, Dec 9 (Reuters) - International Monetary Fund chief Kristlina Georgieva said she had a "fruitful exchange" with her Chinese counterparts this week on her repeated calls for accelerating debt treatments for countries like Zambia and Sri Lanka. Georgieva, World Bank President David Malpass and other financial leaders met in person in China's Anhui province this week with officials from the People's Bank of China, China's finance ministry and its EXIM Bank and China Development Bank. Georgieva said the discussions touched on the common framework for debt treatment set up in late 2020 by China, the United State and other Group of 20 major economies, as well as some specific cases of countries seeking debt relief. Implementation of the common framework process has been halting, with only one country, Chad, having completed the debt treatment process, and its agreement not resulting in any actual reductions of the country's debt. Georgieva said she saw "space for a platform for more systematic engagement on debt issues, where China can play an active role," but gave no further details.

☆ Asia-Pacific markets slip ahead of China factory activity data
▼ + stars: | 2022-11-30 | by ( Abigail Ng | ) www.cnbc.com time to read: 1 min

Workers work on a speaker production line at Luyang Electronics Co LTD in Fuyang City, Anhui Province, China, Oct 31, 2022. Asia-Pacific shares fell on Wednesday ahead of the release of data on China's November factory activity, in which analysts are expecting to see a contraction for the second time in a row. The Nikkei 225 in Japan fell 0.52% and Topix slipped 0.42%. The MSCI's broadest index of Asia-Pacific shares outside Japan was 0.14% lower. Japan's Fast Retailing and electric-vehicle maker Xpeng are set to report earnings, and Fed Chair Jerome Powell will be delivering a speech at the Brookings Institution on Wednesday.

☆ Factbox: A chronology of dissent in China in recent decades
▼ + stars: | 2022-11-30 | by ( James Pomfret | ) www.reuters.com time to read: +5 min

The following is a timeline of some other notable protests, and public dissent against China's ruling Communist Party. 2009 - Xinjiang - In the region's worst ethnic unrest in decades, ethnic Uighurs attacked majority Han Chinese in the capital Urumqi, after an incident involving Uighur workers in a factory in southern China. China later builds massive "facilities" to turn Xinjiang into what a United Nations panel described as a "massive internment camp shrouded in secrecy". China later imposes a powerful national security law, arresting scores of democrats and shutting down civil society groups and liberal media outlets, including the Apple Daily newspaper. 2022 - Henan bank protests - Public protests simmer as thousands lose access to their savings in a banking fraud scandal centred on rural lenders in Henan and Anhui provinces.

☆ Binance founder Changpeng 'CZ' Zhao wants to 'rebuild' crypto post FTX collapse
▼ + stars: | 2022-11-15 | by ( Michelle Toh | ) edition.cnn.com time to read: +7 min

Hong Kong CNN Business —Binance founder and CEO Changpeng Zhao is once again in the global spotlight, this time as the self-appointed white knight of crypto as the industry is embroiled in crisis. “Let’s rebuild.”Humble beginningsZhao launched Binance in July 2017 in China, gradually building it into the world’s largest crypto exchange. Binance CEO Changpeng Zhao attending the Viva Technology conference in Paris on June 16, 2022. In May, TerraUSD lost its dollar peg, which led to the collapse of its sister token and eventually created a huge global liquidity crisis in the crypto industry. The Binance chief said his firm had been asked to help as FTX grappled with liquidity issues.

☆ China's Nio resumes production at its two Hefei factories
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +1 min

[1/4] A Nio ES8 electric SUV changing its battery is seen inside a power station at a JAC Motors-NIO plant in Hefei, Anhui province, China December 14, 2018. REUTERS/Yilei SunBEIJING, Nov 3 (Reuters) - Chinese electric vehicle maker Nio (9866.HK) said on Thursday it has resumed production at its two factories in the eastern city of Hefei, after COVID-19 curbs disrupted operations and delayed deliveries. "Production is resumed at the moment," said a company representative, declining to say whether it was a full or partial resumption. Nio said on Wednesday it had suspended production because of COVID curbs, leading to delays in deliveries when sales are booming, triggering a steep drop in its shares. Nio sold 10,059 cars last month, nearly three times its sales from October 2021, after introducing new models such as ET5.

☆ China's Oct factory activity shrinks as COVID curbs hit output, demand - Caixin PMI
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +3 min

The Caixin/S&P Global manufacturing purchasing managers' index (PMI) stood at 49.2 in October, up from 48.1 in September and slightly above analysts' expectations for 49.0. In line with China's official PMI, which unexpectedly fell into contraction last month, waning factory activity weighed on the fragile recovery of the world's second-biggest economy amid a deepening property crisis and weakening demand. The softer activity continued to pressure the labour market as the manufacturing employment fell for the seventh month in a row. "In particular, the spread of the coronavirus in many regions significantly restricts both supply and demand," Wang said. The Caixin manufacturing PMI centres on small firms and coastal regions where sit a great number of exporters.

☆ Xi Jinping just became unassailable. Here’s why investors are running scared
▼ + stars: | 2022-10-26 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Xi’s preference for personal loyalty over technocratic competence bodes ill for China’s already bleak economic outlook, analysts said. “In effect, Xi Jinping establishes an echo chamber around his own ideas,” she said. People watch the opening session of the 20th Chinese Communist Party Congress in Huaibei, in China's eastern Anhui province. Li Qiang, the party boss of Shanghai who presided over the city’s chaotic two-month lockdown, is now the second-highest ranking party official after Xi. The NDRC is China’s top economic planner, responsible for drafting the country’s economic plans and overseeing major state investment projects.

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