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Search resuls for: "China's Li"


8 mentions found


☆ Russia wants to turn Ukraine into 'dependent' like Belarus, wife of jailed Nobel laureate says
  + stars: | 2022-12-10 | by ( Gwladys Fouche | Thomson Reuters | Oversees News Coverage Norway For Reuters | ) www.reuters.com   time to read: +3 min
SummarySummary Companies Ukraine, Russia, Belarus rights campaigners won awardPrize highlight importance of civil society for peaceByalyatski in jail, wife speaks for him at ceremonyOSLO, Dec 10 (Reuters) - Russia wants to turn Ukraine into a "dependent dictatorship" like Belarus, the wife of jailed Belarusian Nobel Peace Prize laureate Ales Byalyatski said on Saturday upon receiving the prize on his behalf, speaking his words. "It highlights the dramatic situation and struggle for human rights in the country," she said, adding she was speaking her husband's words. Pinchuk has met her husband once since he was named a Nobel Peace Prize laureate, in prison, behind a glass wall, she told a news conference on Friday. "I know exactly what kind of Ukraine would suit Russia and Putin — a dependent dictatorship. Belarus and Russia are formally part of a "union state" and are closely allied economically and militarily.
☆ China's Li Auto sees higher deliveries in Q4; third-quarter loss widens
  + stars: | 2022-12-09 | by ( ) www.reuters.com   time to read: +1 min
Dec 9 (Reuters) - China's Li Auto Inc on Friday forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management. The electric vehicle maker saw net loss widen to 1.65 billion yuan ($237.55 million) compared with a net loss of 21.5 million yuan a year ago for the third quarter ended Sept.30. Most auto makers have been hit by rising material costs and a global chip shortage, but Li Auto said that it was expecting higher deliveries and production scale up as global supply chain issues ease. Vehicle sales for the company jumped 22.5% from a year ago to 9.05 billion yuan in the reported quarter, while margins dropped to 12% from 21.1%. It dispatched 26,524 cars in the September quarter, with October and November deliveries already at more than 25,000 units.
☆ China's lithium newcomer Zijin eyes rich returns from battery demand
  + stars: | 2022-12-01 | by ( Siyi Liu Dominique Patton | Siyi Liu | Dominique Patton | ) www.reuters.com   time to read: +4 min
The flurry of deals comes even as warnings emerge that lithium prices, driven to records by rapid growth in electric vehicles, may peak next year because of a looming supply glut. It also bought majority stakes in the Lakkor Tso Lithium Salar mine in China's Tibet region and the Xiangyuan lithium mine in Hunan province. Zijin has a market capitalisation of about $35 billion and net profit of 15.7 billion yuan ($2.2 billion) last year. Some firms are also working to develop alternative battery materials, which could reduce lithium demand in the long term. Zijin told investors recently it made its mine acquisitions based on lithium carbonate prices of 100,000 yuan a tonne.
☆ Australia's Albanese talks briefly with China's Li, prompting talk of summit -media
  + stars: | 2022-11-13 | by ( ) www.reuters.com   time to read: +1 min
SYDNEY, Nov 13 (Reuters) - Australia's Prime Minister Anthony Albanese spoke briefly with Chinese Premier Li Keqiang at a regional summit in Cambodia, Australian media said on Sunday, sparking some expectations of a formal summit with President Xi Jinping. Albanese and Li spoke on arrival at a gala on the sidelines of the summit in Phnom Penh of the Association of Southeast Asian Nations (ASEAN), the Australian Broadcasting Corporation reported. The discussion raised the prospect of a potential Albanese-Xi meeting at the summit of the Group of 20 big economies in Indonesia on Monday. The last bilateral summit was in 2019 when Albanese's predecessor, Scott Morrison, met Xi at a G20 meeting, according to Australia's foreign ministry. Albanese's office said last week he will attend that meeting and a subsequent summit in Bangkok of the Asia-Pacific Economic Cooperation group.
☆ Japan's Kishida calls for constructive relations in talks with China's Li
  + stars: | 2022-11-12 | by ( ) www.reuters.com   time to read: +1 min
TOKYO, Nov 12 (Reuters) - Japanese Prime Minister told Chinese Premier Li Keqiang on Saturday he hoped the two countries could strive toward building a "constructive and stable" relationship, Japan's foreign ministry said on Saturday. In a speech at the ASEAN plus 3 meeting, Kishida reiterated Japan's view that North Korea's recent ballistic missile launches, including one that flew over Japan, were a clear and serious threat to the international community, and unacceptable. He also called for cooperation among the countries in achieving a complete dismantling of North Korea's ballistic missiles and weapons of mass destruction. Japan's public broadcaster NHK reported Kishida was making final arrangements to hold talks with Chinese President Xi Jinping during the APEC meeting in Bangkok. Reporting by Leika Kihara; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
☆ A Singles Day without livestream superhosts leaves Alibaba in a quandary
  + stars: | 2022-10-24 | by ( Casey Hall Sophie Yu | Casey Hall | Sophie Yu | ) www.reuters.com   time to read: +5 min
An advertisement promoting Alibaba's Singles' Day shopping festival is pictured, following the coronavirus disease (COVID-19) outbreak in Shanghai, China, October 22, 2022. Sweaty Betty China Vice President Lexie Morris told Reuters the active-wear brand would use only "one or two" livestream hosts this Singles Day season and that it was starting to work with much smaller and more sports-focused livestreamers. Analysts expect to see another year of slowing sales overall this Singles Day, dampened by a slowing economy and China's zero-COVID-19 policy. In June, Alibaba rival JD.com Inc (9618.HK) also recorded its slowest-ever sales growth for 618, China's second-largest shopping festival after Singles Day. "Instead of a traffic-driven model, Taobao Live helps merchants grow their businesses sustainably," it said.
☆ China's 'Lipstick King' returns to live-streaming show after mysterious three-month disappearance
  + stars: | 2022-09-21 | by ( Laura He | Cnn Business | ) edition.cnn.com   time to read: +1 min
On Tuesday night, Li Jiaqi reappeared on Alibaba's Taobao Live, a live-streaming platform for the e-commerce giant. His show immediately attracted thousands of viewers within the first few minutes, despite no prior notices on his social media accounts. The 30-year-old livestreamer, also called Austin Li, was one of China's biggest internet celebrities, with 64 million followers on Alibaba's Taobao. He once sold 15,000 lipsticks within five minutes in a sales competition against Alibaba founder Jack Ma, winning himself the nickname "China's lipstick king." E-commerce livestreamer Austin Li Jiaqi attends a public-welfare livestreaming ceremony on September 23, 2021 in Hangzhou, Zhejiang Province of China.
☆ China's livestreaming sales king returns to screens after long absence
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Florence Lo/IllustrationBEIJING, Sept 20 (Reuters) - China's top livestreaming sales influencer Li Jiaqi reappeared on screens on Tuesday, ending an over three-month-long absence that began after he was cut off abruptly, mid-show, on the eve of the anniversary of the country's Tiananmen Square crackdown. Li's reappearance on his livestreaming channel on Tuesday evening for roughly two hours occurred with little advance notice, with the news spreading by word of mouth. In the first hour, Taobao users paid nearly 30 million visits to his channel. He gave no explanation for his absence and his studio did not immediately respond to a request for comment from Reuters. Analysts say their disappearance from screens have hurt online sales.
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