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BANGKOK (AP) — Stellantis plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer, the companies said late Wednesday. The European-based maker of Jeep and Ram and Leapmotor said in a joint statement that they have formed a strategic partnership and joint venture that aims to expand the Chinese EV maker’s sales both inside and outside of China. Stellantis said it expects to benefit from Leapmotor’s “tech-first EV ecosystem” in China to meet its own targets for shifting to electric vehicles. The companies said the 51% Stellantis-led joint venture will have exclusive rights to export and sell Leapmotor’s vehicles outside China. Leapmotor has focused on the mid- to high-end of the EV market in China, selling 111,000 electric vehicles in 2022.

Persons: —, Leapmotor, Stellantis, BEV Organizations: EV, Hong Kong, Fiat Chrysler Automobiles, French PSA Group Locations: BANGKOK, Leapmotor, China, Hangzhou, Hong, Amsterdam

☆ Jeep, Dodge maker Stellantis to invest $1.6 billion in Chinese EV startup Leapmotor
▼ + stars: | 2023-10-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

Arjun Kharpal | CNBCStellantis on Thursday said it will invest 1.5 billion euros ($1.58 billion) in Chinese electric vehicle startup Leapmotor , as traditional automakers look for a way to compete in China's cutthroat market. The companies will form the Leapmotor International joint venture, aiming to boost sales of the Chinese brand's electric cars overseas. China, the world's biggest electric vehicle market, is dominated by domestic company BYD , as well as U.S. automaker Tesla . Traditional vehicle companies have been seen to be too slow to transition to manufacturing electric vehicles, hampering potential growth in the Chinese market. Stellantis eyes China boostThe deal could boost Stellantis' efforts in China, by having a local partner lead the way.

Persons: Arjun Kharpal, Li Auto, Stellantis, Abhik Mukherjee, Carlos Tavares, Leapmotor, Zhu Jiangming, Counterpoint's Mukherjee, Bill Russo Organizations: Leapmotor, CNBC, International, JV, Chrysler, Maserati, Tesla, Huawei, Counterpoint Research, EV, IAA, Guangzhou Automobile Company Locations: Leapmotor . China, China, Hangzhou, Munich, Greater China, Europe, Stellantis, China's Xpeng

☆ Vanguard sells stake in joint venture with China's Ant
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File Photo Acquire Licensing RightsOct 17 (Reuters) - U.S. mutual fund issuer Vanguard Group said on Tuesday it had sold its stake in a joint venture with Chinese fintech giant Ant Group, hastening its retreat from the world's second-biggest economy. Vanguard said it will prioritize regions where it offers its own investment products and services. Its 49% stake in the venture, a digital investment advisory service, has been sold to Ant. A Reuters report in March said Vanguard was mulling a retreat from China after a six-year presence in the country.

Persons: Aly, Niket, Anil D'Silva Organizations: Ant Group, REUTERS, Vanguard, Ant, BlackRock, Fidelity, Reuters, Bloomberg News, Thomson Locations: Alibaba, Hangzhou, Zhejiang province, China, Washington, Beijing, Taiwan, Bengaluru

☆ Vanguard sells stake in joint venture with Ant - Bloomberg News
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File Photo Acquire Licensing RightsOct 17 (Reuters) - U.S. asset management giant Vanguard Group has sold its 49% stake in a joint venture with Jack Ma-backed Ant Group Co, Bloomberg News reported on Tuesday, citing people familiar with the matter. An increase in geopolitical tensions recently, however, has prompted some investing giants to split off their China arms. Vanguard did not immediately respond to a Reuters request for comment. Ant did not respond to a request for comment outside business hours.

Persons: Aly, Jack Ma, Ant, Niket, Anil D'Silva Organizations: Ant Group, REUTERS, Vanguard, Ant, Bloomberg, BlackRock, Fidelity, Thomson Locations: Alibaba, Hangzhou, Zhejiang province, China, U.S, Bengaluru

☆ Esports made their 'tense and exciting' debut at this year's Asian Games
▼ + stars: | 2023-10-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

Esports, or professional video gaming, were an official sport at the Asian Games for the first time. AdvertisementAdvertisementEsports, or competitive video gaming, debuted as an official event at this year's Asian Games in Hangzhou, China that concluded earlier this month. Due to the event's popularity, esports tickets were sold on a lottery basis, with more than five million entering the ballot, according to Hangzhou Asian Games data. We're excited to see the landscape of esports events around the world expand," said John Robinson, president of US esport organization 100 Thieves. The Olympic Esports Series is "a global virtual and simulated sports competition created by the IOC, and in collaboration with International Federations and game publishers."

Persons: —, esports, Chris Liu, Liu, Esports, JADE GAO, John Robinson, Kim Gwanwoo, WANG ZHAO, Matt Woods, AFK, Grant Rousseau, " Rousseau Organizations: Asian Games, of, EA Sports FC Online, Singapore, Service, Professional, EA Sports FC, South Korea, Team Malaysia, China, Xinhua News Agency, South, Associated Press, Fighter, Getty, Olympic, IOC, International Federations, Guardian, Team Falcons Locations: Hangzhou, China, Thailand, Wuxi, esports, Asia, Pacific, US, South Korea, AFP, Los Angeles

☆ WTA roundup: Zheng Qinwen advances at Zhengzhou Open
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

She will face Ukraine's Anhelina Kalinina, who posted a 7-5, 6-1 victory over Russian qualifier Vera Zvonareva. Hana Bank Korea OpenBelgium's Yanina Wickmayer seized a 6-3, 7-6 (6) victory over third-seeded Ekaterina Alexandrova of Russia to move on to the quarterfinals in Seoul. Wickmayer will meet Russian Polina Kudermetova, who breezed to a 6-3, 6-1 win over Kathinka von Deichmann of Liechenstein. Fifth-seeded Anna Blinkova of Russia coasted to a 6-1, 6-3 win over Australian Priscilla Hon to advance to the third round. Third-seeded Elise Mertens of Belgium had little difficulty in her 6-1, 6-4 victory over Australian qualifier Daria Saville.

Persons: China's, Zheng, China's Zhu Lin REUTERS, Kim Kyung, Zheng Qinwen, Maria Sakkari, Sakkari, Kalinina, Vera Zvonareva, Italy's Jasmine Paolini, Caroline Garcia of, Ukraine's, Tsurenko, Donna Vekic, Wickmayer, Ekaterina Alexandrova, Kudermetova, Kathinka von Deichmann, Claire Liu, Arantxa Rus, China's Yuan Yue, Slovenia's Kaja Juvan, Beatriz Haddad Maia, Anna Blinkova, Russia coasted, Priscilla Hon, Elise Mertens, Daria Saville Organizations: Tennis Centre, Russian, Caroline Garcia of France, Hana Bank, Hong, Belarus, Thomson Locations: Hangzhou, China, Greece, Zhengzhou, Croatia, Hana Bank Korea, Russia, Seoul, Wickmayer, Arantxa, Netherland, Hong Kong, Brazil, Belgium

☆ Samsung expected to report 80% profit plunge as losses mount at chip business
▼ + stars: | 2023-10-10 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Costfoto | Nurphoto | Getty ImagesSamsung Electronics earnings are expected to plunge nearly 80% in the third quarter, according to analyst forecasts, as the company's biggest profit-driving segment — semiconductors — continues to come under pressure. Analysts polled by LSEG expect operating profit of 2.3 trillion Korean won ($1.7 billion) for the September quarter, a 78.7% year-on-year decline. Revenue is expected to come in at 67.8 trillion won, a fall of 11.6%, according to LSEG consensus forecasts. Samsung's semiconductor business — typically the company's cash cow — is expected to post a more than 3 trillion won loss for the third quarter, according to analyst forecasts, as it continues to face headwinds. Daiwa analyst SK Kim sees operating profit for the third quarter at 1.65 trillion won, much lower than the average analyst estimate of 2.3 trillion won.

Organizations: Samsung, Nurphoto, Getty, LSEG, Revenue, Daiwa, Markets, SK Kim, Apple Locations: Hangzhou, East China's Zhejiang, Korean

☆ Tesla stock dips after China EV sales fall 11%
▼ + stars: | 2023-10-09 | by ( Jake Piazza | In Jakepiazza | ) www.cnbc.com time to read: +1 min

The new Tesla Model 3+ is on sale at a Tesla store in Hangzhou, Zhejiang province, in China, on Sept. 26, 2023. Tesla stock dipped about 2% Monday after its sales of China-made electric vehicles decreased 10.9% year over year for the month of September, according to a report from the China Passenger Car Association published Sunday. Sales for the Model 3 and Model Y vehicles made in China were down 12% from August to September. The company slashed prices for some of its Model 3 and Model Y vehicles in the U.S. on Oct. 6. Tesla will report third-quarter earnings on Oct. 18.

Persons: Tesla Organizations: Tesla, China Passenger Car Association, U.S . Locations: Hangzhou, Zhejiang province, China, U.S

[1/8] Asian Games - Hangzhou 2022 - Closing Ceremony - Hangzhou Olympic Sports Centre Stadium, Hangzhou, China - October 8, 2023 A view of the handover ceremony at the closing ceremony REUTERS/Marko Djurica Acquire Licensing RightsHANGZHOU, China, Oct 8 (Reuters) - China's eastern city of Hangzhou rounded off the 19th Asian Games on Sunday with a colourful and "joy"-themed closing ceremony after hosting the continental sporting extravaganza which organisers hailed as "one of the finest" ever. Taking place amid tight security the less-than two hour ceremony also included a handover to the hosts of the next Asian Games in 2026, the Japanese city Nagoya. The hosts' 201st gold left them two better than their previous best of 199 at the 2010 Guangzhou Asian Games. Organisers said 12,407 athletes from 45 nations competed in 40 sports at the Hangzhou Games, which were delayed for a year due to COVID-19. "We have hosted the most successful Asian Games in history" said Chen Weiqiang, Executive Secretary General of the Hangzhou Asian Games Organising Committee and vice-mayor of Hangzhou.

Persons: Marko Djurica, Li Qiang, jigged, Takashi Kawamura, Randhir Singh, Gu Shiau, Kazakhstan's Moldir, Chen Weiqiang, WADA, Martin Quin Pollard, Ian Ransom, Christian Schmollinger, Toby Chopra, Christian Radnedge Organizations: Hangzhou Olympic Sports Centre, Rights, Games, Nagoya, Mainichi, Olympic Council of Asia, energised, Bangkok Games, Hangzhou Games, Hangzhou Asian Games, Doping Agency, Olympic, Paralympic Games, Olympic Council of, OCA Locations: Hangzhou, China, Rights HANGZHOU, Nagoya, Nanjing, Aichi, Guangzhou, Jakarta, Japan, Macau, North, Korea, Olympic Council of Asia

WADA said North Korea was still non-compliant with its anti-doping code and the OCA had failed to enforce its sanction. "North Korea, the DPRK Korea, has also written a letter to them very lately telling them that the borders have opened and they can send the doping control officers for the testing which the WADA has agreed and they will be shortly sending it to the DPRK, to North Korea," Tiwari added. North Korea won 11 golds in Hangzhou, including in artistic gymnastics, shooting, wrestling, boxing and six in weightlifting. It was the first international multi-sport event North Korea attended since the 2018 edition in Jakarta. North Korea closed its borders for nearly four years because of COVID-19.

Persons: Kim Kyung, WADA, Vinod Kumar Tiwari, It's, Tiwari, Martin Quin Pollard, Robert Birsel Organizations: North, Rights, Olympic Council of Asia, Hangzhou Asian, Doping Agency, Olympic, Paralympic Games, OCA, DPRK, North Korea, International Olympic Committee, Beijing, Games, Thomson Locations: Hangzhou, China, North Korea, Rights HANGZHOU, Korea, DPRK Korea, Jakarta . North Korea, Tokyo

The two-week Asian Games offer a glimpse at a changing Mongolia, a vast nation sandwiched between China and Russia with only 3.3 million people. And there's also a bronze medal in men’s 3x3 basketball, where Mongolia edged South Korea 21-20. Mongolia has just over 400 athletes at the Asian Games, less than half the size of large delegations from China, Japan or South Korea. She called herself “a novice” breakdancer but has practiced with at least one member of the Mongolian team, Gan-Ulzii Ganbalt. “My generation is trying to change the way Mongolia is seen," she said.

Persons: —, Genghis Khan, “, breakdancing, Myagmarjav, ”, Mongolia’s, Chinzong Baatarsukh, there's, Tugstur Dashzevge, esports, “ There’s, Amarasana Chimeddorj, Majigsuren Organizations: breakdancing, Asian Games, Associated Press, Olympics, Soviet Union, “, Monaco, Mongolian Locations: HANGZHOU, China, Mongolia, Russia, America, Soviet, Ulaanbaatar, Asia, South Korea, Japan, Niger, Mongolian, Gan

"It's very special," said one of Taiwan's female breakers, 25-year-old Yang Jia-li, who added that breaking had massively boosted her confidence. Along with esports' debut as a medal event in Hangzhou, organisers hope "breaking" can help lure young viewers turned off by traditional Games sports. A counter-cultural art-form born in the streets of New York City decades ago, breakdancing is judged against broad criteria in competition. "But before the Olympics we've been doing competitions even in our (underground breaking) culture. “I'm getting used to it and I'm getting used to these sport rules.

Persons: breakdancing, Yang Jia, esports, Sun Zhen, Meng Changqing, Meng, Kim Heon, we've, Kim, I’m, “ I'm, ”, Sun, Ian Ransom, Ken Ferris Organizations: Asian Games, Paris, Sporting, Games, Asian, Thomson Locations: HANGZHOU, China, Eastern, Hangzhou, New York, South Korea

☆ South Korea breakdancing: Korean b-boys eye Asian Games and Olympic gold
▼ + stars: | 2023-10-05 | by ( Andrew Mcnicol | ) edition.cnn.com time to read: +7 min

South Korean breakdancing team Jinjo Crew at the World K-pop Concert in 2021. Jeon Jiye, or b-girl Fresh Bella, will feature for the South Korean delegation at the Asian Games. The veteran, from the legendary Jinjo Crew, is a multiple world champion and Asian Games gold medal contender. There is added motivation after the country’s emphatic success in fellow Asian Games debutant, esports. “At the Asian Games, we will see all of this.

Persons: John Jay Chon, Breakdancing, Seo, –, United States –, Ronald Reagan’s, Han Myung, breakdancing, “, ”, Jeon Jiye, Fresh Bella, Jiang Han, Kim Heon, Korea’s, Kim, esports, We’ve, ” Kim, ” Kim Heonwoo, ’, Kwon Jang, Kwon, ” Kwon, we’re, We’re, Chen Po Chun, Chen Organizations: Hong Kong CNN, Korean, South, Asian, Summer, South Korean, World, Games, CNN, Getty, Asian Games, “ Locations: Hong Kong, Korea’s, Korean, American, South Korea, United States, Korea, Hangzhou, China, Paris, Bronx, Xinhua, South, Seoul, United Kingdom, Asia, Japan, somebodies

☆ 5 ways China's trying to get people to have more babies — from cash incentives to cracking down on the 'bride price'
▼ + stars: | 2023-10-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

In 2022, China's population started shrinking for the first time in six decades. The push for marriage and babies comes after China last year saw a record low of 6.83 million marriages registered. Here's how China has tried to get its people to have more babies over the past two years. Wenzhou, a city in southeast China, is offering would-be parents up to 3,000 yuan in subsidies per child. In August, a county in eastern China started offering couples 1,000 yuan in cash if the bride was 25 years old or younger, according to a post on its official WeChat account.

Persons: —, Trip.com Organizations: Service, United Nations, Technology, QiaoYin City Management, China Women's Federation, Authorities, Bloomberg Locations: China, Hangzhou, East China, Wenzhou, Shanghai, Shanxi, Beijing, Zhejiang, Provinces, skewing, Jiangxi, Hebei —, Sichuan, Western China

☆ Asian Games: India’s Chopra wins javelin gold despite officiating howler
▼ + stars: | 2023-10-05 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

The Indian eventually won the Asiad gold thanks to getting 88.88 metres on his fourth registered effort. Soon Chopra went over to speak to them to protest because he knew his was a “good throw”. “I fight (protest my case) with them because it was a good throw. I go there for six times.”Chopra was able to recover from the mistake to win the gold medal. “We just noticed that no result, no result, because they took it out and measured again the other on… sh*t happens,” Bartonietz said.

Persons: Neeraj Chopra, Kishore Jena, Chopra, “, ”, ” Chopra, Tingshu Wang, I’ll, I’m, Klaus Bartonietz, ” Bartonietz, It’s, Wu Yanni Organizations: Reuters, Hangzhou Asian, Olympic, Indian, Games

☆ Asian Games: China censored this photo of two athletes. Was it for a perceived Tiananmen reference?
▼ + stars: | 2023-10-04 | by ( Chris Lau | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —China appears to have censored a photograph of two Chinese hurdlers embracing after a race because their lane numbers formed an accidental reference to the Tiananmen massacre in 1989. The image captures Lin Yuwei, from lane 6, and Wu Yanni, in lane 4, hugging following the women’s 100-meter hurdles final at the Asian Games in Hangzhou. As they stood together, stickers showing their lane numbers formed “6 4”, a pairing widely seen as a reference to June 4, 1989. That day Chinese military tanks rolled into the capital Beijing during a bloody crackdown to clear students protesting for democracy in Tiananmen Square. State broadcaster CCTV originally posted the photograph on Weibo, China’s Twitter-like social media service, on Sunday night, but removed it from its account about an hour later, CNN has found.

Persons: Lin Yuwei, Wu Yanni, China’s Organizations: Hong Kong CNN, Asian, CCTV, China’s Twitter, CNN, Weibo, Baidu, Google, Xinhua, Propaganda Department, Chinese Communist Party, Communist Party Locations: Hong Kong, China, Hangzhou, Beijing, Tiananmen Square, Weibo

The Indian eventually won the Asiad gold thanks to getting 88.88 metres on his fourth registered effort. Soon Chopra went over to speak to them to protest because he knew his was a "good throw". "I fight (protest my case) with them because it was a good throw. And I asked them what happened, what happened? "So I was a little disappointed because it was a good throw, and there was a good wind behind me as well."

Persons: India's Neeraj Chopra, India's Kishore Kumar Jena, Japan's Roderick Genki Dean, Neeraj Chopra, Kishore Jena, Chopra, I'm, Klaus Bartonietz, “, Bartonietz, It's, ”, Wu Yanni, Martin Quin Pollard Organizations: Olympic Sports Centre, Hangzhou Asian, Olympic, Indian, Games, Thomson Locations: Hangzhou, China, HANGZHOU

☆ Sheikh Ahmad, brother file cases against IOC at CAS over election
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +2 min

Sheikh Ahmad Al-Fahad Al-Ahmed Al-Sabah leaves a courthouse after the verdict for a trial for forgery in connection with arbitration, in Geneva, Switzerland, September 10, 2021. Sheikh Ahmad was banned from the IOC for three years in July after it found he had an "undeniable impact" on Olympic Council of Asia (OCA) elections in which his brother, Sheikh Talal Fahad Al-Ahmad Al-Sabah, was appointed president. CAS confirmed both Sheikh Ahmad and Sheikh Talal had filed separate cases against the IOC at the Switzerland-based court. Sheikh Ahmad, a former OCA president, travelled to Bangkok ahead of the OCA election in July and was in the city when it took place, which was "interpreted as interference in the election process" by the IOC's ethics commission. Sheikh Ahmad denied all the charges in the case and appealed the conviction.

Persons: Sheikh Ahmad Al, Fahad Al, Ahmed Al, Denis Balibouse, Fahad, Sheikh Ahmad, Sheikh Talal Fahad Al, Ahmad Al, Sheikh Talal's, Sheikh Talal, India's Randhir Singh, Singh, Sheikh Ahmad's, Ian Ransom, Peter Rutherford Organizations: REUTERS, Rights, International Olympic Committee, Sport, Olympic Council of Asia, IOC, OCA, Asian Games, Thomson Locations: Sabah, Geneva, Switzerland, Rights HANGZHOU, China, Fahad Al, Bangkok, India's, Swiss, Hangzhou

☆ Cartoon elves and scrolls visualize Chinese military’s goal of Taiwan ‘reunification’
▼ + stars: | 2023-10-03 | by ( Jessie Yeung | ) edition.cnn.com time to read: +7 min

It has long vowed to “reunify” Taiwan with the Chinese mainland, by force if necessary. The Chinese painting "Dwelling in the Fuchun Mountains" displayed in its entirety in the National Palace Museum Taipei on June 1, 2011. As a result, the scroll has long been seen as a living symbol of the division between China and Taiwan. Visitors look at "Dwelling in the Fuchun Mountains" at the National Palace Museum Taipei on June 1, 2011. The “Escape from the British Museum” series “has struck a chord in people’s hearts and reflects the deep patriotic sentiments,” said one article in the state-run tabloid Global Times.

Persons: Hong Kong CNN —, “, Patrick lin, Huang Gongwang, —, Shi Tang, Xi Jinping, ” Xi’s, Chiang Kai, Mao Zedong’s, ” Organizations: Hong Kong CNN, Eastern Theater Command, People’s Liberation Army, PLA, Communist Party, Theater Command, Palace Museum, Getty, National, Museum, Zhejiang Provincial Museum, National Palace Museum, Taiwan, World Health Organization, Olympic Games, Asian, British Museum ’, British Museum, Beijing’s, Nationalist, Global Times, British Locations: Hong Kong, Taiwan Strait, People’s Republic of China, Taiwan, Palace Museum Taipei, AFP, Taipei, Hangzhou, China, National Palace Museum Taipei, Beijing, Ukraine, Fujian, London, Mao Zedong’s Communist, Greater China

☆ Two elves and a scroll: China military releases animation on Taiwan 'reunification'
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +3 min

The shorter piece of the scroll, known as "The Remaining Mountain", about 51 cm long, is at the Zhejiang Provincial Museum in Hangzhou city. Taiwan's National Palace Museum has kept the 640-cm long "Master Wuyong Scroll" since the 1950s. The two pieces were reunited in 2011 when China lent its fragment to the Taiwanese museum for two months during a period of warmer relations as Taiwan pursued a policy of economic rapprochement with China. But in recent years, as relations have cooled, China has ramped up military activities around Taiwan, including drills over the past month that Beijing said were targeted at combating separatist forces. While China is keen to woo Taiwan with promises of economic gains, the threat of taking Taiwan by force is unrelenting.

Persons: Huang Gongwang, Pichi Chuang, Yuan, Ryan Woo, Robert Birsel Organizations: National, Museum, REUTERS, Rights, Eastern Theatre Command, Zhejiang Provincial Museum, Eastern, Command, Thomson Locations: Taipei, Rights BEIJING, Taiwan, China, Beijing, Taiwan Strait, Hangzhou city, Taiwan's, Fujian

☆ Our best photos from the Asian Games
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: 1 min

[8/28]China's Yanni Wu looks on as she stands with officials following a false start during the women's 100m hurdles final. REUTERS/Dylan MartinezHANGZHOU, China

Persons: Yanni Wu, Dylan Martinez Organizations: REUTERS Locations: Dylan Martinez HANGZHOU, China

☆ China PMI, bumper 'Golden Week' travel give glimmers of hope for economy
▼ + stars: | 2023-10-02 | by ( Laura He | ) edition.cnn.com time to read: +6 min

PMI data released by Caixin Media and S&P Global showed both manufacturing and services losing some momentum. “We see increasing evidence of a near-term growth stabilization,” Nomura analysts said in a research note on Saturday, thanks partly to the raft of policy measures unveiled since late July, they added. While domestic travel for the Golden Week holiday appears strong, Chinese consumers are leaving the mainland in fewer numbers. Preliminary statistics from ForwardKeys, a global travel data provider, last week showed that Chinese travel within Asia was down 33% on pre-pandemic levels. On the first day of the Golden Week holiday, the number of mainland Chinese tourists entering Hong Kong was still less than half of 2018’s level, the city’s government said over the weekend.

Persons: Hong Kong CNN —, Stringer, “, ” Nomura, Julie Kozack, Xu Jiayin, Xu Organizations: Hong Kong CNN, National Bureau, Statistics, PMI, Caixin Media, P Global, Getty, China State Railway Group, Ministry, Transport, Ministry of Culture, Tourism, NBS, ” Citi, International Monetary Fund, Bank, Golden, Evergrande Group Locations: Hong Kong, Nantong, China's Jiangsu, AFP, China, Hangzhou, China's, Zhejiang, Beijing, Asia

☆ Asian Games: Official suffers broken leg after being hit by hammer in athletics event
▼ + stars: | 2023-10-01 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Hangzhou, China Reuters —An athletics official suffered a broken leg and serious bleeding after being hit by a misthrown hammer in the Asian Games in Hangzhou, but his vital signs are now stable, a spokesman for the games said on Sunday. ET) on Saturday, Kuwait’s Ali Zankawi lined up for one of his throws in the men’s hammer final at the eastern Chinese city’s packed Olympic stadium. Looking horrified, Zankawi sprinted over as blood began spurting from the official’s right leg. “Currently his vital signs are stable.”An official reacts in pain after his leg was injured by a stray hammer thrown by Ali Zankawi (L) who attempts to stem the bleeding during the men's hammer throw final athletics event. The netting in athletics is designed to hang relatively loosely to prevent hammer balls and discuses from bouncing back at the athletes after misthrows.

Persons: Kuwait’s Ali Zankawi, Zankawi, Huang Qinhua, grimaced, dizzily, Huang, Xu Deqing, “, Ali Zankawi, William West, China’s Wang Qi Organizations: China Reuters, Asian, ”, Getty, misthrows, Weibo Locations: Hangzhou, China, “, AFP

Just before 8 p.m. (1200 GMT) on Saturday, Kuwait's Ali Zankawi lined up for one of his throws in the men's hammer final at the eastern Chinese city's packed Olympic stadium. But instead of soaring straight onto the outfield, the hammer flew out sideways and low to the right, smashing into the leg of the sitting technical official. Looking horrified, Zankawi sprinted over as blood began spurting from the official's right leg. The official, Huang Qinhua, 62, grimaced and swayed dizzily as Zankawi rushed to check on him, blood shooting out of the wound. The netting in athletics is designed to hang relatively loosely to prevent hammer balls and discuses from bouncing back at the athletes after misthrows.

Persons: Kuwait's Ali Zankawi, Dylan Martinez, Zankawi, Huang Qinhua, grimaced, dizzily, Huang, Xu Deqing, China's Wang Qi, Martin Quin Pollard, William Mallard Organizations: Olympic Sports Centre, Rights, Asian, misthrows, Weibo, Thomson Locations: Hangzhou, China, Rights HANGZHOU

☆ Apple's iPhone 15 is boring. Google and Samsung Android phones are far more innovative.
▼ + stars: | 2023-09-30 | by ( Michael Gartenberg | ) www.businessinsider.com time to read: +6 min

Apple iPhone users don't know all the features and benefits they are missing. And early predictions are that the iPhone 15 will sell well , as users' existing iPhones age or break. There were some lines for the iPhone 15 at stores in Hangzhou, China and Mumbai, but those are locations where iPhone demand routinely outstrips supply and ownership is still somewhat of a status symbol. My iPhone 13 doesn't really look much different than a brand new iPhone 15. Google Pixel Tablet docking station and other Google tech hardware GoogleThe Google Pixel Fold balances the ability to use it as a great smartphone when closed while turning it into an iPad-mini-sized tablet when opened.

Persons: I've, —, Steve Jobs, Let's Organizations: Apple, Service, Google, Samsung, European Union, TV Networks, Pepsi Locations: Hangzhou, China, Mumbai

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