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☆ China's July economic losses from disasters exceed January-June
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +2 min

August, when rainfall usually peaks and summer temperatures soar, is set for further economic impact from floods and heatwaves. Rainfall in northeastern provinces could be as much as 50% higher than normal in August, China's national forecaster have warned. In the northern province of Hebei, over 1.2 million people had been evacuated as of Wednesday due to flooding caused by residual rains from Doksuri. China's top economic planner on Friday earmarked an additional 100 million yuan to support post-disaster recovery in Tianjin and Hebei on top of the 100 million yuan announced on Wednesday for Beijing and Hebei. The finance and water resources ministries separately on Friday also offered 450 million yuan to support the overall recovery effort.

Persons: Talim, Ryan Woo, William Mallard Organizations: cnsphoto, REUTERS, Ministry of Emergency Management, Thomson Locations: Beihai, Guangxi Zhuang Autonomous Region, China, BEIJING, Beijing, Hebei, Doksuri, Tianjin

☆ China wants to limit teens to no more than two hours a day on their phones
▼ + stars: | 2023-08-03 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +5 min

Children under eight would be able to use their phones for only 40 minutes a day, while those between eight and 16 would get an hour of screen time. “On the other hand, it’s easier for us parents to control our kids screen time,” she said. China has one of the world’s largest internet user bases, with roughly 1.07 billion people in the country of 1.4 billion having access to the web, according to the China Internet Network Information Center. The regulation could be useful to “help parents to supervise the children” and limit screen time. Impact on tech firmsThe new measures could present challenges for tech companies, which are typically held responsible for enforcing regulations.

Persons: ”, “, Kuaishou Organizations: Hong Kong CNN, Cyberspace Administration, ”, Mobile, CNN, China Internet Network Information, Apple, Huawei Locations: Hong Kong, China, Beijing, China’s Zhejiang, China’s Zhuhai, Weibo, lockstep

In a statement written from the perspective of a sun bear named “Angela,” officials from Hangzhou zoo said people “didn’t understand” the species. In 2013, a city zoo in the central Henan province angered visitors by trying to pass off a Tibetan Mastiff dog as a lion. Visitors at another Chinese zoo, in Sichuan province, were shocked to discover a golden retriever sitting in a cage labeled as an African lion enclosure. World’s smallest bears under threatNative to the tropical forests of Southeast Asia, sun bears are the world’s smallest bear species. Sun bears are listed as vulnerable by the International Union for Conservation of Nature (IUCN).

Persons: “ Angela, I’m Angela Organizations: CNN, Wildlife Fund, Sun Bear Conservation Center, International Union for Conservation of Nature Locations: China, Hangzhou, Weibo, Henan, Sichuan, Southeast Asia, Malaysia, Indonesia, Sabah

Visitor numbers at Hangzhou Zoo have gone up by 30 percent to around 20,000 a day since a video of the Malayan bear, named Angela, became a trending topic on Chinese social media over the weekend, Zhejiang province-based Chao News reported. It was when Angela was standing up that some netizens said she looked like someone wearing a bear suit. The zoo has sought to refute the rumour in posts on its official WeChat account and in interviews with local media, saying that Angela is "definitely not a human". "Our zoo is government-run, so that kind of situation would not happen," a member of staff said, according to local media. Reporting by Martin Quin Pollard; Additional reporting by Jiawei Wang; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

Persons: Angela, Chao, Qian Ming, netizens, Martin Quin Pollard, Jiawei Wang, Raju Gopalakrishnan Organizations: Hangzhou Zoo, Chao News, Hangzhou TV, Weibo, Thomson Locations: BEIJING, China's Zhejiang, Zhejiang province, Suzhou, Hangzhou

☆ Flights cancelled, thousands told to evacuate as typhoon nears Japan's Okinawa
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Aug 1 (Reuters) - Flights were cancelled and tens of thousands of people were advised to evacuate their homes on Tuesday as powerful typhoon Khanun approached Japan's southern Okinawa island chain, threatening torrential rains and high winds through Thursday. In Okinawa's capital Naha, the airport was closed and all flights - amounting to about 900 - cancelled, TV Asahi said. Wind and rain were picking up on Tuesday evening, with the storm expected to escalate by Wednesday. Okinawa is frequently hit by typhoons, but usually later in the year. Reporting by Elaine Lies; Editing by Stephen Coates and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Elaine Lies, Stephen Coates, Miral Organizations: Asahi, NHK, Kadena Air Base, Thomson Locations: TOKYO, Japan's, Okinawa, Tokyo, Naha, China, U.S, Japan

☆ Typhoon Doksuri and Khanun: Thousands in China flee homes as one soaks Beijing and the second approaches Typhoon Doksuri lashes Beijing and floods parts of China, while another storm approaches
▼ + stars: | 2023-07-31 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +6 min

A civilian rescue team help flood-stranded people onto a rubber boat in Quanzhou in southeast China's Fujian province on July 29, 2023. Even as Doksuri tapers off, authorities are preparing for incoming Khanun, the sixth typhoon projected to hit China this year. This weekend, a total of 1,015 people suffered heat-related diseases, which the KDCA defines as heat stroke, heat exhaustion, heat cramps, heat syncope and heat edema. The city of Gyeongju saw temperatures reach 36.8 degrees Celsius (98.24 Fahrenheit) and Jeongseon county saw temperatures reach 36.1 Celsius (96.98 Fahrenheit), according to the Korea Meteorological Administration. Seoul’s affluent Gangnam district saw temperatures reach to 35.7 degrees Celsius (around 96.2 Fahrenheit), while North Gyeongsang Province saw temperatures reach 38.1 degrees Celsius (100.58 degrees Fahrenheit).

Persons: Doksuri, hurtled, Saomi, Rita, Khanun Organizations: CNN, CCTV, Xinhua, China Meteorological Administration, Xinhua News Agency, Getty, CNN Weather, Joint Typhoon Warning, South Korea swelters, Korea Disease Control, Prevention Agency, Korea Meteorological Administration Locations: Beijing, China, Fujian, Liaoning, Hebei, Quanzhou, China's Fujian, Philippines, Taiwan, Zaozhuang, China's Shandong, Zhejiang, Okinawa, East, Naha, Miyako, Asia Asia, South Korea, Korea, Gyeongju, Jeongseon, Gangnam, North Gyeongsang Province

☆ Typhoon Doksuri smacks southern Taiwan as China braces for landfall
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

As of 7:15 a.m. (23:15 GMT) Typhoon Doksuri, categorised at the second-strongest typhoon level by Taiwan's weather bureau, headed towards China's southeastern province of Fujian after crossing the Taiwan Strait with maximum winds of 191 kmh (118 mph). Businesses and schools were shut for the second day in southern counties of Taiwan including the major port city of Kaohsiung amid warnings of landslides and floods. The storm had cut power to more than 186,000 homes across Taiwan and downed hundreds of trees in Kaohsiung. Rainfall of more than 1 metre was recorded in the mountainous eastern and southern parts of the island. More than 300 domestic and international flights were suspended and railway services between southern and eastern Taiwan were halted.

Persons: Doksuri, Yimou Lee, Michael Perry Organizations: Thomson Locations: TAIPEI, Taiwan, China, China's, Fujian, Taiwan Strait, Kaohsiung, Penghu, Philippine, Manila, Philippines

☆ Some Chinese steel mills ordered to cap output this year - sources
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +2 min

BEIJING, July 25 (Reuters) - Several Chinese steel mills have received instructions to cap this year's output at the same level as 2022, five people familiar with the matter and analyst reports said on Tuesday, potentially curbing iron ore demand in the world's top steel market. China has mandated zero output growth in its steel sector for the last two years as it seeks to limit carbon emissions by one of its most polluting industries. China's state planner did not respond to a fax seeking comment on the caps issued at some steel mills. Some mills in the northern Chinese city of Tianjin were notified to keep steel output below the 2022 level, according to reports by local consultancies Mysteel and Fubao on Tuesday, which did not specify the number of mills. However, a dozen mills in northern Chinese cities including Tianjin and Handan contacted by Reuters said they had not yet received any instructions to cap their output.

Persons: Dominique Patton, Chizu Organizations: China Baowu Steel Group, Shanghai Metals, Reuters, Shanghai Futures Exchange, National Bureau, Statistics, Thomson Locations: BEIJING, China, Tianjin, Fubao, Shanghai, Handan, Beijing

☆ Check out a ghost town of deserted Chinese mega-villas built for multimillionaires that's now overrun by farmers and left to rot
▼ + stars: | 2023-07-24 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Chinese farmers have moved into a cluster of abandoned villas in China to grow crops and rear cattle. Jade Gao/AFP via Getty ImagesThe half-built villas are now overrun by local farmers, who plow the land and plant crops on the overgrown lawns of abandoned villas. Local farmers now plow the land of the abandoned development. Jade Gao/AFP via Getty ImagesThe insides of the buildings look post-apocalyptic too, like shots straight out of "The Last of Us." Shenyang's ghost villas are just one of many "rotten" real estate projects across China's urban landscapeThe interior of a deserted housing sales building.

Persons: Jade Gao, —, riche, Guo, who's, Li Gan, Gan Organizations: Twitter, Service, AFP, Greenland Group, Getty, Getty Images, Texas, M University, Survey, Research Center, China Household Finance, Chengdu's Southwestern University of Finance, Economics Locations: China, AFP, Weibo, Wall, Silicon, Shenyang, China's, Liaoning province, Greenland, Evergrande, Li

☆ A herd of orphan elephants could be the key to bringing back the woolly mammoth
▼ + stars: | 2023-07-22 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. But a key question is whether such animals could survive if they roamed the Arctic tundra as their ancestors did thousands of years ago. Eventually, the bonded herd will make its way into the wild, where its progress can be monitored for the next decade. Sign up here to receive in your inbox the next edition of Wonder Theory, brought to you by CNN Space and Science writers Ashley Strickland and Katie Hunt. They find wonder in planets beyond our solar system and discoveries from the ancient world.

Persons: paleobiologist Jordan Mallon, It’s, Esme Ashe, Jepson, Katie Jones, J, Robert Oppenheimer, Christopher Nolan’s, “ Oppenheimer, ”, Ashley Strickland, Katie Hunt Organizations: CNN, Canadian Museum of Nature, University of Cambridge, Southern Resident, for Whale Research, Virgin Galactic’s, CNN Space, Science Locations: Botswana, China, Ottawa, Chile, Chicago . Wild, Pacific Northwest, North America

☆ 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

☆ This Fossil Is a Freeze-Frame of a Mammal Fighting a Dinosaur
▼ + stars: | 2023-07-18 | by ( Kate Golembiewski | ) www.nytimes.com time to read: +1 min

From scattered bones and teeth, scientists studying fossils extrapolate entire long-dead creatures, and even relationships between different species. This could be the case with a newly described fossil of a badger-like mammal and a Labrador retriever-sized dinosaur, locked in what appears to be an eternal brawl. But the unlikely fossil depicts combat between a mammal called Repenomamus robustus and a bipedal, plant-eating relative of Triceratops called Psittacosaurus lujiatunensis. Size-wise, the dinosaur had an advantage, but Repenomamus, preserved with its teeth clamped into Psittacosaurus’s rib cage, appears to have punched above its weight. The dinosaur’s bones don’t show evidence of being gnawed on by scavengers, indicating that the Repenomamus encounter happened when the Psittacosaurus was still alive.

Locations: what’s, China

☆ Fossil reveals the moment a cat-size mammal took on a dinosaur three times its size
▼ + stars: | 2023-07-18 | by ( Katie Hunt | ) edition.cnn.com time to read: +5 min

CNN —Sometime during the Cretaceous Period, 125 million years ago, a feisty mammal the size of a domestic cat encountered a dinosaur three times its size and thought it looked like a tasty meal. “The inherited wisdom has been that the ecological interactions were unilateral: The bigger dinosaurs ate the smaller mammals. What makes this fossil exceptional is that the mammal is caught in the moment of attacking the almost fully grown dinosaur. A detail of the fossil shows the left forepaw of Repenomamus robustus wrapped around the lower jaw of the dinosaur. Gang HanPredator vs. scavengerThe fossil shows R. robustus gripping onto the lower jaw of Psittacosaurus with its left forepaw.

Persons: CNN —, paleobiologist Jordan Mallon, Michael W, Skrepnick, ”, Mallon, “, —, ” Mallon Organizations: CNN, Canadian Museum of Nature Locations: China, China’s Liaoning province

☆ Dramatic fossil shows pugnacious mammal attacking a dinosaur
▼ + stars: | 2023-07-18 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

[1/3] Fossilized skeletons dating to about 125 million years ago from China showing the entanglement of the dinosaur Psittacosaurus lujiatunensis and the mammal Repenomamus robustus are seen in this 2022 handout photograph. A dramatic fossil unearthed in northeastern China shows a pugnacious badger-like mammal in the act of attacking a plant-eating dinosaur, mounting its prey and sinking its teeth into its victim's ribs about 125 million years ago, scientists said on Tuesday. Dating to the Cretaceous Period, it shows the four-legged mammal Repenomamus robustus - the size of a domestic cat - ferociously entangled with the beaked two-legged dinosaur Psittacosaurus lujiatunensis - as big as a medium-sized dog. "Here, we have good evidence for a smaller mammal preying on a larger dinosaur, which is not something we would have guessed without this fossil," Mallon added. The researchers discounted the idea that the Repenomamus and Psittacosaurus fossil showed a mammal merely scavenging a carcass.

Persons: Read, paleobiologist Jordan Mallon, Mallon, Xiao, chun Wu, Psittacosaurus, Repenomamus, Will Dunham, Rosalba O'Brien Organizations: dinos, Canadian Museum of Nature, Thomson Locations: China, WASHINGTON, Ottawa, Liaoning Province, Mongolia

☆ Soaring temperatures to record rainfall: flooding ravages East Asia as climate crisis takes hold
▼ + stars: | 2023-07-17 | by ( Heather Chen | ) edition.cnn.com time to read: +8 min

Record temperatures also led to a rise in heat-related illnesses, particularly among vulnerable communities such as the elderly. In response to the loss of life, South Korean President Yoon Suk Yeol called for an overhaul of the country’s approach to extreme weather. “This kind of extreme weather event will become commonplace — we must accept climate change is happening, and deal with it,” Yoon said Monday. A vulnerable regionScientists have warned the frequency and intensity of extreme weather events will continue to increase as the human-caused climate crisis accelerates. “Floods, droughts and other devastating climate events are “all showing us very clearly what will the future be,” she added.

Persons: Yoon Suk, ” Yoon, ”, John Kerry, Reuters Heatwaves, Shehbaz Sharif, Manish Swarup, —, “, Sunita Narain Organizations: Hong Kong CNN, CNN, Japan’s Meteorological Agency, Reuters, World Meteorological Organization, ”, United Nations General Assembly, Disaster, World Bank, Centre for Science Locations: Hong Kong, Japan, China, South Korea, India, South Korean, Cheongju, Philippines, Cambodia, Manila, Phnom Penh, Delhi, Beijing, Washington, Chongqing, Kiryu, Gunma Prefecture, Kyoto, Tokyo, Hatoyama, Saitama Prefecture, Asia, Pakistan, New Delhi, Himachal Pradesh, Assam, Uttarakhand, Punjab, Haryana, Uttar Pradesh, “

☆ Heat wave: Power generated for China in a single day reaches historic high
▼ + stars: | 2023-07-12 | by ( Wayne Chang | ) edition.cnn.com time to read: +2 min

CNN —A major Chinese power generator says its electricity production has reached a record high as the country grapples with a punishing heat wave. China Energy Investment Corporation, one of the world’s largest generators of coal-fired power, says the volume of electricity it produced on Monday had hit a daily record. It exceeded the previous record by 40 million kWh, it added, without specifying when that milestone was achieved. “Due to the continuous high temperatures, the electricity load in many parts of the country continues to rise,” China Energy said. China Energy did not say whether a surge in demand for air conditioning was behind the record power generation.

Organizations: CNN, China Energy Investment Corporation, China Energy, Global Energy Monitor Locations: China, Beijing

☆ Jack Ma's run-in with Beijing not only saw him disappearing for over 2 years, it also cost his companies over $850 billion
▼ + stars: | 2023-07-10 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Jack Ma's Alibaba and Ant Group collectively lost $850 billion in value since their peak in 2020. They came under pressure following Ma's criticism of Beijing, which spurred a regulatory crackdown. On Friday, Beijing announced a $985 million fine for Ant Group, signaling an end to the crackdown. In April, he was appointed an honorary professor at the University of Hong Kong. Alibaba shares in Hong Kong were up 3.1% at 86.90 Hong Kong dollars apiece at midday, buoyed by news of the fine.

Persons: Jack Ma's Alibaba, Jack Ma, Ma, —, Ant — Organizations: Ant Group, Ant, Michelin, University of Hong, Hong Locations: Beijing, China's, Alibaba, China, Bangkok, Thai, Hong Kong, Hangzhou, University of Hong Kong, Japan, New York

☆ For North Koreans in China, Seeking Freedom Is More Perilous Than Ever
▼ + stars: | 2023-07-09 | by ( Choe Sang-Hun | More About Choe Sang-Hun | ) www.nytimes.com time to read: +1 min

The North Korean software engineer was desperate. He had been sent to northeastern China in 2019 to earn money for the North Korean regime. A young woman who had been smuggled by human traffickers from North Korea into China in 2018 contacted the owner of the same website early this year. He has often been condemned by Pyongyang and was once imprisoned in China for helping hundreds of North Koreans reach South Korea or the United States. But now, the job of aiding North Korean defectors in China has become “all but impossible,” Mr. Chun said.

Persons: “, ”, Chun Ki, Mr, Chun Organizations: North Locations: Korean, China, North Korea, South Korea, cybersex, Seoul, Pyongyang, United States

☆ China's Xi tells military to deepen war, combat planning - Xinhua
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

BEIJING, July 6 (Reuters) - Chinese President Xi Jinping on Thursday urged the military to deepen war and combat planning to increase the chances of victory in actual combat, Xinhua news agency said, renewing his call to troops to safeguard China's sovereignty and territory. The Eastern Theater Command, headquartered in Jiangsu province, is responsible for the security of eastern China, including the East China Sea and the Taiwan Strait. In 2005, it passed a law giving Beijing the legal basis for military action against Taiwan if it secedes or seems about to. "We must persist in thinking and handling military issues from a political perspective, dare to fight, be good at fighting, and resolutely defend our national sovereignty, security, and development interests," Xi told the Eastern Theater Command. In April, Xi inspected the Guangdong-headquartered Southern Theater Command, whose sphere of responsibility includes the South China Sea, much of which is claimed by Beijing.

Persons: Xi Jinping, Xi, Nancy Pelosi, Janet Yellen, Ryan Woo, Jason Neely, Hugh Lawson Organizations: Xinhua, Eastern Theater Command, East China, ., Treasury, U.S, Southern Theater Command, Thomson Locations: BEIJING, Jiangsu, China, East, Taiwan Strait, Taiwan, Beijing, U.S, Guangdong

☆ Explainer: How is extreme weather testing China's climate resilience?
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +5 min

BEIJING, July 5 (Reuters) - Dramatic swings between extreme heat and intense rainfall are testing China's ability to cope with increasingly wild weather, as high temperatures challenge power grids and water security while floods ruin crops and threaten urban populations. The average number of high-temperature days stood at 4.1 in January-June, already higher than the full-year average of 2.2 days. Heatwaves spur demand for electricity to cool homes, malls and offices, taxing power supply and even triggering blackouts. Factories also shut when power demand exceeds supply to meet demand from residential and non-industrial users. The southern province of Hunan, which produces around 13% of China's rice, has been hit by continuous rain since late June.

Persons: Qiaoyi Li, Ethan Wang, Qin, Ryan Woo, Andrew Hayley, David Stanway, Sonali Paul Organizations: Factories, Thomson Locations: BEIJING, China, Beijing, Yunnan province, Yunnan, Sichuan, Hunan, Zhengzhou, Guangxi, CHINA

☆ Beijing braces for extreme heat for third straight day
▼ + stars: | 2023-06-24 | by ( ) www.cnbc.com time to read: +1 min

A woman fans herself while resting in the shade in an alley during a heatwave in Beijing on June 23, 2023. Beijing on Saturday maintained its hot weather alert at "red," the most severe in China's color-coded warning system, with the Chinese capital expected to cross the 40 degrees Celsius (104F) threshold for a third straight day. Nearby provinces including Hebei and Shandong also kept their "red" alerts on Saturday as vast tracts of northern and eastern China sizzled in record temperatures. In China's four-tier weather warning system, the color red indicates the most severe, followed by orange, yellow and blue. On Friday, Beijing baked in temperatures as high as 40.3C, after sizzling at 41.1C on Thursday, the second-hottest day recorded by the Chinese capital in modern times.

Organizations: Saturday Locations: Beijing, Hebei, Shandong, China, 41.1C

☆ Beijing temperature: Hottest June day recorded in Chinese capital
▼ + stars: | 2023-06-23 | by ( Chris Lau | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Beijing’s temperature soared above 41 degrees Celsius (105.8 degrees Fahrenheit) Thursday, setting a new record for the capital’s hottest day in June, as millions across heavily populated northeast China endure heat wave conditions forecast to stretch into the weekend. Thursday’s high of 41.1 degrees Celsius (106 degrees Fahrenheit) broke the previous record of 40.6 degrees Celsius (105 degrees Fahrenheit), set on June 10, 1961, when China began keeping detailed records, according to state media The Beijing News. This year, extreme weather has come even earlier – since March, temperatures in dozens of Chinese cities have hit record seasonal highs. June typically sees highs of 31 degrees Celsius (88 degrees Fahrenheit). Beijing may top 40 degrees Celsius (104 degrees Fahrenheit) on Friday and Saturday before dropping to high 30 degree Celsius levels (upper 90s to low 100s degrees Fahrenheit) for much of next week.

Persons: Andy Wong, Tesla Organizations: Hong Kong CNN, Beijing, Beijing Meteorological Observatory, CNN Locations: Hong Kong, China, Beijing, Hebei, Shandong, Tianjin, Shanghai, Chinese, Sichuan

☆ Jack Ma reportedly proposed a restructure at Alibaba, and it has echoes of what's been happening at Meta
▼ + stars: | 2023-06-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Alibaba cofounder Jack Ma held a small group meeting with top company execs in May, per LatePost. Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in late May, per LatePost, a Chinese media outlet. Ma held a small group meeting with executives from the company's e-commerce platforms Taobao and Tmall, LatePost reported on Monday, citing unnamed Alibaba employees. Ma suggested the two Alibaba e-commerce platforms cut out management layers, per the LatePost report. And on Saturday, Ma attended the finals of the Alibaba Global Mathematics Competition in Hangzhou, where Alibaba is based.

Persons: Jack Ma, Ma, LatePost, Alibaba, Mark Zuckerberg's, Michael Evans, Jack Organizations: execs, Meta, Michelin, University of Hong, CNBC Locations: Silicon Valley, China, Hong Kong, Singapore, Douyin, Bangkok, Thai, Hangzhou, University of Hong Kong, Japan, Tokyo

☆ A desperate property developer in China said it would give a gold bar to anyone who buys a home it builds. Homebuyers say they're still waiting.
▼ + stars: | 2023-06-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

A Chinese property developer is offering gold bars to buyers in a desperate bid to boost home sales. According to The Guardian and local media outlets, the property developer in question is Huafa Group, which is based in Hangzhou, a city in eastern China. Disgruntled buyers are raging over the gold barsHowever, some buyers have been kept waiting for the promised gold after purchasing a flat. A staff member at Huafa told Insider the Huafa Hui Tianfu development had "nothing to do" with them. Flashy giveaways are commonplace in China's property marketThis is not the first time Chinese property developers have dangled freebies to entice homebuyers.

Persons: —, they've, monthslong, Hui Tianfu, China's, Zhu, Xian, Shao, Xiao Qiang, homebuyers Organizations: Service, Guardian, Weibo, China's Twitter, Huafu Group, Jiemian, Huafa, Qianjiang Evening, Estate Development Corporation, China Index Academy, Bloomberg, Wall Street Locations: Hangzhou, China, Hangzhou Yuejia

☆ Three die, farmland and trees damaged as storms sweep across China
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +2 min

BEIJING, June 11 (Reuters) - Three people died in eastern China after strong winds toppled a shipyard crane, authorities said on Sunday, as storms caused damage across the country, including large swaths of farmland. In Nanjing, the capital of Jiangsu province in eastern China, large trees were felled on Saturday, crushing vehicles and blocking roads, local media reported. The measures include 275 million yuan for prizes to family farms and cooperatives to encourage high yield, CCTV reported. On Friday, heavy rain hit parts of southwest China, including Guangxi, engulfing roads and partially submerging buildings. ($1 = 7.1273 Chinese yuan renminbi)Reporting by Ellen Zhang and Martin Quin Pollard; William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Hailstorms, Ellen Zhang, Martin Quin Pollard, William Mallard Organizations: Twitter, CCTV, Liaoning Meteorological Service Centre, Thomson Locations: BEIJING, China, Wuhu, Nanjing, Jiangsu, Liaoning, Wafangdian, Henan, Guangxi, rainstorms, Guangdong, Hainan, Hubei, Guangzhou

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