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CNN —Russian President Vladimir Putin has approved a record-breaking defense budget, setting aside a staggering third of the government’s total spending as the war in Ukraine drains resources from both sides nearly three years on. The budget for 2025, which was published Sunday, allocates about $126 billion (13.5 trillion rubles) to national defense – amounting to 32.5% of government spending. The defense budget is about $28 billion (three trillion rubles) higher than the previous record set this year. The new three-year budget forecasts a slight reduction in military spending for 2026 and 2027. The North Korean troops may help Russia’s efforts for some time – but the material losses could be harder to make up for.
Persons: Vladimir Putin, Donald Trump, Volodymyr Zelensky Organizations: CNN, Lawmakers, Russian Central Bank, Russia, North Locations: Ukraine, Europe, Moscow, Kursk region, United States, Russia, North Korea, Kursk
Russian President Vladimir Putin approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine. Lawmakers in both houses of the Russian parliament, the State Duma and Federation Council, had already approved the plans in the past 10 days. Their visit comes as doubts are deepening over what Kyiv can expect from a new U.S. administration led by Donald Trump. Moscow sent 78 drones into Ukraine overnight into Sunday, Ukrainian officials said. In Russia, a child was killed in a Ukrainian drone attack in the Bryansk region bordering Ukraine, according to regional Gov.
Persons: Vladimir Putin, Russia's, Antonio Costa, Kaja Kallas, Donald Trump, Costa, Marta Kos, Oleksandr Prokudin, Serhiy Lysak, Alexander Bogomaz Organizations: Sputnik, Lawmakers, State Duma, Federation Council, New, Ukraine, EU, Gov, Dnipropetrovsk Gov, Russia's Defense Ministry Locations: Russian, videoconference, Moscow, Ukraine, Kyiv, EU, U.S, Kherson, Dnipro, Dnipropetrovsk, Russia, Ukrainian, Bryansk, Kaluga, Smolensk, Kursk
"Gladiator II," starring Denzel Washington and Paul Mescal, is now in theaters. Ridley Scott's 2000 historical film "Gladiator" set the stage for its sequel to continue to captivate the box office today. Relegated to slavery, Meridius becomes a gladiator to seek his revenge. Twenty-four years after the movie's release, the sequel, "Gladiator II," starring Paul Mescal, Pedro Pascal, and Denzel Washington, is in theaters. Here, we look back on the cast from the original movie and where they are now.
Persons: Oscar, Russell Crowe, Denzel Washington, Paul Mescal, Ridley Scott's, Maximus Decimus Meridius, Commodus, Joaquin Phoenix, Meridius, Crowe, Pedro Pascal Organizations: Denzel Locations: Denzel Washington
AdvertisementDenzel Washington is one of the most beloved movie stars of all time. He's been nominated for nine Oscars, with rumors of a 10th buzzing after "Gladiator II." If you think about the greatest movie stars of the last five decades, there's no way Denzel Washington doesn't make that list. He was also named People's Sexiest Man Alive in 1996, the first man of color to receive the honor. We used Rotten Tomatoes scores to determine the best and worst movies of Washington's career, according to critics.
Persons: He's, Washington doesn't, he's Organizations: Denzel Washington
SKIP AHEAD Best Black Friday sneaker deals | More Black Friday sneaker sales | How I picked the best Black Friday sneaker deals | Why trust NBC Select? Best Black Friday sneaker deals4.3-star average rating from 7,247reviews on AmazonThese New Balance sneakers made our list of best women’s walking shoes. 4.5-star average rating from 3,343 reviews on AmazonLowest price everNew Balance is also offering a Black Friday deal on these men’s sneakers. Best Black Friday sneaker salesHere are the best Black Friday sneaker sales to know about. All the deals I recommend are at least 20% off and highly rated with at least a 4.0-star average rating from hundreds of reviews.
Persons: I’ll, Bianca Alvarez, Cole Haan, TikTok Organizations: NBC, Black, Reebok, Nike, Amazon, Puma, Brooks, Adidas, Nordstrom, Wellness, Bath, Giftable Tech, Amazon Prime, Facebook, Twitter
The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney’s “Moana 2” hit theaters Wednesday and is expected to generate between $120 million and $150 million in box office receipts in the U.S. and Canada through Sunday. The second-highest haul for the holiday period was the $294.2 million secured during the same five-day period in 2013. After ruling the Thanksgiving box office for years with titles from Pixar and Disney Animation, it’s failed to live up to expectations with its recent string of releases. In 2016, “Moana” opened over the Thanksgiving holiday, generating $82.1 million.
Persons: It’s, Universal’s, Paramount’s, , Shawn Robbins, that’s, , “ Ralph, II, Paul Dergarabedian, it’s, “ Moana, “ Coco ”, Ralph Organizations: Disney, Fandango, Comscore, Pixar, Disney Animation, , Comcast, CNBC Locations: U.S, Canada, , Comscore, “ Moana ”, , NBCUniversal
My father, Jerry, grew up in a working-class immigrant Jewish family in Brooklyn, went to Harvard Law School on scholarship, then flew Navy air transport in World War II before going into commercial real estate. My mother, Mickie, was beautiful, with short, blond wavy hair — a gift from Lady Clairol — and a wide smile with perfect teeth. She was one of six women in her Columbia Law School class in the 1940s. But after rejections from all-male law firms, she sold hats at Macy’s, then retired to be Mommy to my sister and me. and League of Women Voters.
Persons: Jerry, Mickie, Lady Clairol — Organizations: Harvard Law School, Navy, Columbia Law, of Women Voters Locations: Brooklyn
There are two watch deals we feel shouldn't be missed. It has a large stainless steel 45mm watch case and a super minimalist design. View at MVMTBlack Friday watch deals FAQsIs Black Friday a good time to buy a watch? Many brands offer some of the best deals of the year, and for those that don't — like some high-end brands — you can still score them at steep discounts on sites like Jomashop, Macy's, and Bloomingdale's. Check out our roundup of all of the best Black Friday deals.
Persons: Jomashop, shouldn't, they're, Dumas, , it's Organizations: Business, Apple, Amazon Seiko, Seiko, Casio, Casio Citizen, Citizen Locations: California
The top 10 things to watch Friday, Nov. 29 1. (Anything above a plus 4% would indicate the market is overbought; anything below a minus 4% would indicate the market is oversold.) Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. Chona Kasinger | Bloomberg | Getty ImagesThe top 10 things to watch Friday, Nov. 29
Persons: Biden, Wedbush, , Lina Kahn, Donald Trump, Kamala Harris, CNBC's Gabrielle Fonrouge, Harris, Jim Cramer's, Jim Cramer, Jim, Satya Nadella, Chona Kasinger Organizations: Treasury, Bloomberg, Federal Trade Commission, Microsoft, FTC, Trump White House, Reuters, National Retail Federation, Deloitte, President, Trump, Walmart, Target, Dick's Sporting Goods, Costco, CNBC, Jim Cramer's Charitable, Getty Locations: China, Australia, Redmond , Washington
Advertisement'Wicked,' 'Gladiator II,' and 'Moana 2' are all in theaters this Thanksgiving weekend. The three films may bring in more box office sales than pre-pandemic Thanksgiving weekends. 'Wicked' and 'Gladiator II' hit theaters on November 22, and "Moana 2" premiered on November 27. This Thanksgiving box office line-up will be the most successful of the post-pandemic era — and could be one of the most successful in history. He predicted 2024 Thanksgiving weekend box office sales would surpass the $200 million made in 2019 — and be among the most lucrative in the history of cinema.
Persons: Jon M, Chu, It's, Shawn Robbins, that's Organizations: Disney, CNBC
Learn moreBlack Friday is almost here, and if you're in the market for a new winter coat this season, now's definitely the time to shop. The best Black Friday women's winter coat dealsHalfdays Wheeler Parka $277.00 $395.00 Save 30% This winter parka is as technical as it is stylish. View at HalfdaysFrank and Oak The Hygge Puffer Coat $268.99 $449.00 Save 40% Wrap yourself in warmth with this sustainably made coat. View at Saks Fifth AvenueBlack Friday winter coat FAQsIs Black Friday a good time to buy winter coats? Warmth is usually noted by "fill" power; for a seriously warm coat, look for 650-800 fill power down.
Persons: now's, Frank, Wheeler Parka, Halfdays Wheeler Parka, Wheeler, Oak, Barbour, Woolrich GORE, TEX Marshall Parka, GORE, pare Organizations: Business, Saks, parka, Columbia, Columbia Outdoor Research, Parka, Saks Fifth Locations: Frank, Columbia, Patagonia, Cashmere
The US has indicated a need to harden air bases and disperse its forces to defend against a Chinese missile strike. AdvertisementLast fall, the US Department of Defense released its annual report on China's military growth and developments. China's DF-26 "carrier killer" missile takes flight in unprecedented test footage. AdvertisementNaval power is a cornerstone of American military might, but the DF-26 threatens that, among various other targets. Related storiesThat said, growing missile stockpiles and increases in the number of launchers give the Chinese military greater flexibility, offering more options in a conflict.
Persons: China's, China, Chris Biggers, Janes, Xu Suhui, J, Michael Dahm, Dahm, Tom Shugart, who's, Carl Vinson, Sarah Weinstein Organizations: Pacific, US Department of Defense, Army's, Force, China's Rocket Force, Department of Defense, Pentagon, SCS, China's, YouTube China's, Guam, Strategic, International Studies Missile Defense Project, DF, Aerospace, China Studies, Mitchell Institute, Business, US, Center, New, New American Security, US Navy, Ocean, Air Force, PLA Locations: China, Pacific, Guam, It's, Bohai, Inner Mongolia, South Korea, Beijing, Xinhua, New American, Ruoqiang
“Conclave” could hit the sweet spot for Oscar voters, with its blend of taut airport paperback thrills and contemporary social relevance. The first “Dune” scored 10 nominations at the 94th Academy Awards in 2022 and won six awards that night — the most of any movie in contention — including best sound, best production design, best cinematography, best film editing and best visual effects. Villeneuve is also a favorite with Oscar voters thanks to previous nominated titles like “Sicario,” “Arrival” and “Blade Runner 2049.”How to watch: Stream on Max. ‘Gladiator II’Ridley Scott’s “Gladiator” conquered the Academy Awards more than 23 years ago, winning five trophies, including best picture and best actor, for Russell Crowe. ‘Wicked’The most inescapable blockbuster of the holiday season could cast a spell on Oscar voters.
Persons: publicists, , “ Oppenheimer ”, , Debra Birnbaum, ‘ Anora, Mark Eydelshteyn, Mikey Madison, Sean Baker's, Sean Baker, , “ Anora ”, Palme, Baker, Bong, ’ Brady Corbet, Mona Fastvold, Adrien Brody, Corbet, Steve McQueen, Saoirse Ronan, Elliott Heffernan, Edward Berger, Ralph Fiennes, Stanley Tucci, John Lithgow, It’s, Oscar, ” Denis, Timothée Chalamet, Villeneuve, ‘ Emilia Pérez ’, Jacques Audiard’s “ Emilia Pérez, Emilia Pérez ”, Karla Sofía Gascón, Selena Gomez, Adriana Paz, Zoe Saldaña —, ’ Ridley Scott’s, Russell Crowe, Scott, Paul Mescal, Pedro Pascal, Connie Nielsen, RaMell Ross, Dozier, Ross, Colson Whitehead, Jesse Eisenberg, Kieran Culkin, ” Eisenberg, Eisenberg, Oscar prognosticators, Culkin, HBO’s, Peter Sarsgaard, Roone Arledge, John Magaro, Ben Chaplin, Greg Kwedar, Colman Domingo, Paul Raci, Jon, Adrian “ J.J, ” Velazquez, NBC’s “, Cynthia Erivo, Ariana Grande, Nicole Kidman, Harris Dickinson, ” Luca Guadagnino’s, James Mangold’s “, Bob Dylan, ” Malcolm Washington’s, Mohammad Organizations: Cannes Film, Cannes, Lion, Apple, Oscar, NBC News, Comcast, Netflix, Denzel Washington, Dozier School for Boys, 51st Telluride Film, Sundance, ABC Sports, ABC, Sing Sing, , Arts, Universal Pictures, Locations: Hollywood, Los Angeles, Florida, Brooklyn, Russian, Hungarian, United States, Venice, America, Nazi, Amsterdam, London, , Max, Marianna, Poland, Munich, Telluride, Sing, New York, Iran
AdvertisementTrump has boasted about his chemistry with North Korean dictator Kim Jong Un. Donald Trump has long reminisced about the unlikely bromance he formed with North Korean dictator Kim Jong Un while president. His comments suggest that Trump will find Kim a much tougher and more emboldened character to deal with this time around. North Korea's Kim Jong Un and Russia's Vladimir Putin at a military parade in Pyongyang in June. "Kim likely sees in Trump a once-in-a-lifetime opportunity to remake his country's relationship with the US, and thereby the wider world," said Chan.
Persons: Kim Jong Un, Kim, Donald Trump, Kim Jong, Kim hasn't, Trump, Jeremy Chan, Bruce Bennet, Kim overplayed, Bennet, Kim Jae, Vladimir Putin, Putin, Chan, Daniel Salisbury, Russia's Vladimir Putin, GAVRIIL GRIGOROV, , Ellen Kim Organizations: Trump, North, North Korean, Eurasia Group, Getty, Reuters, RAND Corporation, UN Security Council, South, Centre for Science & Security, King's College, Center for Strategic, International Studies Locations: North Korean, Korean, Pyongyang, North Korea, Russia, Ukraine, China, Asia, Hanoi, Anadolu, South Korea, King's College London, Trump, Korea
CNN —When photographer Elizabeth Kahane’s husband asked where in New York they should live following their engagement in 1998, she had a very specific requirement for their marital home: A view of the annual Macy’s Thanksgiving Day Parade. Its street-facing windows offered the perfect vantage point to watch — and photograph — the procession, which travels down through midtown Manhattan to Macy’s department store on Thanksgiving morning. The photographer has captured the spectacle almost every year since, missing the parade just twice in over a quarter of a century. Thomas the Tank Engine, the Kool-Aid Man and Boss Baby are just some of the dozens of other outsized characters Kahane has pictured floating slowly past her home — often at eye-level. Some shots were taken from inside the apartment, with kids seen enjoying the surreal view of parade characters — from Sonic the Hedgehog to Pikachu, gleefully riding a Poké Ball-inspired sled — looming outside.
Persons: Elizabeth Kahane’s, , , Kahane, Snoopy, SpongeBob, Max, glares, Thomas, Baby, ” Kermit, E.A.Kahane, Kermit, you’re, who’s, ” Kahane, “ I’ve, Greg Heffley, I’ve, “ It’s, Ronald McDonald, Bluey, Gabby, Netflix’s “, Marshall Organizations: CNN, Park West, Locations: New York, Manhattan, York
Ask a European intellectual and you will likely hear the name of Wolfgang Streeck, a German sociologist and theorist of capitalism. In recent decades, Mr. Streeck has described the complaints of populist movements with unequaled power. Mr. Streeck may be best known for his essays in New Left Review, including a dazzling series on the cascade of financial crises that followed the crash of 2008. Mr. Streeck (whose name rhymes with “cake”) argues that today’s contradictions of capitalism have been building for half a century. Profit margins suffered, of course, but that was in the nature of what Mr. Streeck calls the “postwar settlement.” What economies lost in dynamism, they gained in social stability.
Persons: Donald Trump’s, Wolfgang Streeck, Streeck, Karl Marx, , Viktor Orban, Brexit, Trump Organizations: New, State Systems, Wagenknecht Alliance Locations: American, European, German, Greece, Podemos, Spain, Germany
It was there that my mother would find me come checkout time, surrounded first by tween smut from Sweet Valley High, then by rapes and murders from Mary Higgins Clark, and then by tales of riches, betrayals and come-from-behind triumphs from Barbara Taylor Bradford. I knew at the time that Ms. Bradford wasn’t considered an important writer like the distinguished Europeans my highbrow sister was reading. Ms. Bradford sold more than 90 million books, including 30 million copies of “A Woman of Substance” alone, making it one of the best-selling novels of all time. They did it because her characters were as real and legible to them as they were to Ms. Bradford herself. Barbara Taylor Bradford changed the way readers who might not have any connection to the shifting sands of literary fashion thought about themselves and their world.
Persons: Barbara Taylor Bradford, tween smut, Mary Higgins Clark, Bradford wasn’t, Andrew Postman sneered, , Bradford, , Queen Elizabeth II Locations: That’s, Sweet Valley, British, M.F.A
London CNN —A Banksy mural in Bristol, southwestern England, is set to be sold at auction next year, along with the building it was created on. “Well Hung Lover” was painted on the side of a building on Bristol’s Frogmore Street in 2006, with the city’s residents later voting to keep the mural. The building, which once housed a sexual health clinic, will be put up for auction by Hollis Morgan, an estate agency and auction house in Bristol. While the future owner has to ensure the “Well Hung Lover” stays put, they have no obligation to maintain it. Last year, a Banksy mural in Dover, southern England, valued at around £1 million ($1.2 million), was lost for good after the building it was painted on was knocked down.
Persons: London CNN —, Hollis Morgan, , weathers, it’s Organizations: London CNN, European Union, Britain Locations: Bristol, England, Dover
AdvertisementThe Macy's Thanksgiving Day Parade was first held on November 27, 1924. On Thursday, November 28, Macy's will kick off its 98th Thanksgiving Day Parade. But what's extra special about this year's parade is that it's also the 100-year anniversary of the first Macy's parade — then called the Macy's Christmas Parade — which was held on November 27, 1924. AdvertisementSince then, the parade has grown into a spectacle of giant helium balloons, extravagent floats, marching bands, Broadway performances, celebrity appearances, and more. So, as more than 5,000 volunteers, 32 balloons, and 22 floats prepare to grace the streets of New York City, here's a look back at Macy's first parade and how the tradition has evolved over the last 100 years.
Persons: It's, Macy's, it's, Kathleen Wright Organizations: NBC Locations: New York City
AdvertisementPresident Franklin D. Roosevelt turned a Maryland camp into a presidential retreat in 1942. President Dwight Eisenhower changed the name to "Camp David" after his grandson. Subsequent presidents added amenities including a pool, a chapel, and "Golf Cart One." Located in Maryland's Catoctin Mountains, Camp David serves as an escape for US presidents to unwind away from the White House and meet with world leaders in a more relaxed setting. Take a look at how Camp David has changed through the years.
Persons: Franklin D, Roosevelt, Dwight Eisenhower, David Organizations: White, Historical Association Locations: Maryland, Maryland's Catoctin
CNN —A controversial American live-streamer is facing the prospect of prison in South Korea for his offensive antics, in a case that is shining a light on the rise of so-called “nuisance influencers” seeking clicks overseas. Ramsey Khalid Ismael, 24, commonly known by his online alias, “Johnny Somali,” has been indicted of causing a “commotion” at a convenience store, Seoul prosecutors confirmed to CNN. Angry locals threatened reprisals against the live-streamer in online posts following the incident. Separately, a man was arrested in Seoul last month for allegedly punching Ismael in the face, the Yonhap News Agency reported. Last year, the live-streamer was arrested in Osaka on suspicion of trespassing in a construction site, according to the Kyodo News agency.
Persons: Ramsey Khalid Ismael, “ Johnny, , Ismael, JTBC, John Lie, ” Lie, , Ava Ko Organizations: CNN, MBC News, Yonhap News Agency, Kyodo News, University of California Locations: South Korea, Seoul, Asia, Instagram, Tokyo, Japan, Osaka, Hiroshima, Nagasaki, Berkeley
That’s thanks to a new international airport, equipped with a 2,200-meter (7,217-foot) runway, opening in the capital of Nuuk. Before the new airport’s opening, traveling by air to Greenland meant flying into smaller cities such as Kangerlussuaq to the north or Narsarsuaq, further south. The new airport will serve as the base for Air Greenland, which will operate an Airbus A330neo plane on a route to Copenhagen, Denmark. Jens Lauridsen, chief executive of Greenland Airports, knows the opening of the new facility at Nuuk will have a big effect on tourism and the economy. She plans on being on the first flight that lands at the new Nuuk International Airport.
Persons: Jens Lauridsen, We’re, Oscar Scott Carl, Qupanuk Olsen, , , Anne Nivíka Grødem, ” Grødem Organizations: CNN, United Airlines, Air Greenland, Airbus, Greenland, YouTube, Nuuk International, Locations: Greenland, Nuuk, Newark , New Jersey, It’s, Air, Copenhagen, Denmark, Reykjavik, Iceland, Ilulissat, Qaqortoq
Robert W. Dixon Sr., the last known survivor of the U.S. Army’s all-Black regiments known as Buffalo Soldiers, died on Nov. 15 near Albany, N.Y. His wife, Georgia Dixon, said he died at a rehabilitation center. Created after the Civil War, the Army’s all-Black cavalry and infantry regiments were nicknamed “Buffalo Soldiers” by Native Americans who encountered them in the nation’s Western expansion. The name may have been a reference to the soldiers’ curly black hair or to the fierceness that buffalo show in fighting. During the Spanish-American War, the experienced horsemen of the 10th Cavalry led the way for Col. Theodore Roosevelt’s novice Roughriders in fighting in Cuba.
Persons: Robert W, Dixon, Georgia Dixon, Theodore Roosevelt’s Organizations: Buffalo Soldiers, U.S . Military Academy, West, Ninth Cavalry Regiment, Buffalo, 10th Cavalry, Roughriders Locations: Albany, N.Y, Mississippi, Spanish, Cuba
He raised no substantive concerns about Trump’s proposals to deport migrants, despite Pope Francis making welcoming migrants a persistent theme of his pontificate. Simone Risoluti/Vatican Media/ReutersThe different responses point to the challenge facing Pope Francis and the Vatican as it seeks to navigate the second Trump presidency. Robert Nickelsberg/Getty ImagesTrump and Francis divided on key issuesNevertheless, Trump and Pope Francis’ visions couldn’t be further apart. While Trump proposes mass deportations of migrants, Francis describes driving migrants away as a “grave sin” and their exclusion “criminal”. While the Biden administration and the pope had their differences, Francis and the Catholic president had a warm relationship.
Persons: Donald Trump’s, Timothy Broglio, Broglio, Pope Francis, Cardinal Pietro Parolin, Trump, Parolin, , Volodymyr Zelensky, State Cardinal Pietro Parolin, Simone Risoluti, Francis, Kamala Harris, Joe Biden, Robert Nickelsberg, Pope Francis ’, couldn’t, Pope, Mike Pompeo, Fr, James Martin, Jose Luis Gonzalez, Harris, , JD Vance, ” Mary Jo McConahay, , McConahay, Reagan, Martin, John Paul II, Benedict XVI, ” Martin, Donald Trump, Melania, Alessandra Tarantino, ” McConahay, Francis ’, ” David Gibson, Gibson, It’s, Antony Blinken, Biden, Blinken Organizations: CNN, Catholic Church, United States Catholic Bishops ’, Word Television Network, Trump, Catholic, State, Vatican Media, Franciscan Friars, “ America, Reuters, Catholic Bishops, autocrats, Washington DC, Francis, Los, Religion, Culture, Fordham University Locations: Michigan, Pennsylvania, Arizona, Wisconsin, New York City, China, Vatican, Beijing, Ukraine, Mexico, Ciudad Juarez, Trump, Central America, Los Angeles, Fordham University , New York
CrowdStrike delivered a very good quarter after Tuesday's closing bell, with management raising its full-year outlook on sales, operating income, and earnings. Mortgage rates dropped last week, pushing home loans for purchases up 12% week over week and 52% year over year. Best Buy shares were steady Wednesday morning after their nearly 5% post-earnings drop in the previous session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: CrowdStrike, Wells, Donald Trump, Kevin Hassett, Hassett, Stanley Black, Decker, Jim Cramer, We're, — CNBC's Zev Fima, Jim Cramer's, Jim Organizations: Dow, Nasdaq, Street, RBC, Dell, HP, Wall Street, National Economic Council, of Economic Advisers, Apple, Financial Times, Citi, holding's, Disney, Comcast's Universal, Paramount, Comcast, NBC Universal, CNBC, Jim Cramer's Charitable Locations: Wells Fargo, China
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