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China's Great Wall has been pierced by Genghis Khan, the Manchus, and now, allegedly, a couple of construction workers named Zheng and Wang who wanted a shortcut. Authorities in China arrested two people for smashing a path through a section of the ancient wall, a cultural icon and United Nations protected heritage site. The area of the breach was a broken-down section far from the restored segments most Chinese and foreign tourists are familiar with. The pair wanted a shorter route for some construction work they were doing in nearby towns, the reports said. The Youyu County government said the arrests were made after a report of the breach was received on August 24.

Persons: Genghis Khan, Zheng, Wang, ” Organizations: Communist, UNESCO Locations: China, Nations, Youyu County, Beijing, Youyu

☆ Sabalenka eases past Zheng into U.S. Open semis
▼ + stars: | 2023-09-06 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

Sabalenka will play the winner of a match between American Madison Keys and Wimbledon champion Marketa Vondrousova. "I'm super happy with the win against her... super happy with the performance," said Sabalenka, who lost in the semi-finals in her previous two U.S. Open appearances. Zheng improved in the second set, forcing Sabalenka to run back and forth along the baseline as she showed finesse to triumph in a 21-shot rally in the fifth game. "In the second set she start playing better, serving better. "I'm super happy that even though she tried to play more aggressive, I was able to keep my level."

Persons: China's Qinwen Zheng, Brendan Mcdermid, Sabalenka, Zheng Qinwen, pummelled, Zheng, Marketa Vondrousova, Amy Tennery, Ed Osmond Organizations: Tennis, U.S ., Australian, Madison Keys, Wimbledon, U.S, Thomson Locations: Flushing Meadows , New York, United States, Belarus, Belarusian, Flushing Meadows, New York

☆ China's Xpeng says German carmakers ready to tackle crisis in EV race
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +4 min

Globally, China leads EV sales, the latest data from tech industry researcher Counterpoint shows. The U.S. has the fastest growing EV sales with Germany in third place. Chinese companies including Xpeng, BYD and Leapmotor (9863.HK) are seeking the higher margins and faster growth overseas markets can offer, which means they are challenging European companies on their home turf with cheaper models. "The Chinese companies are flooding into overseas markets like mushrooms, deepening their sense of crisis," Gu said. German Chancellor Olaf Scholz said EV competition from abroad should be a spur, not a worry for German carmakers.

Persons: Olaf Scholz, Hildegard Mueller, Markus Soeder, Angelika Warmuth, Xpeng, China's carmakers, Brian Gu, Gu, Mueller, ” Gu, “, ”, Jia Jianxu, Zheng, Zhang Yan, Victoria Waldersee, Josephine Mason, Elaine Hardcastle Organizations: German Association of, Automotive, REUTERS, Rights, HK, IAA, Automotive Industry, EV, Germany, Reuters, Volkswagen, SAIC, Xuanyuan Academy, Germany's IAA, New Energy Vehicle Congress, Gang, Thomson Locations: Bavarian, Munich, Germany, Europe, China, U.S, Britain, France

☆ Workers Plow Through Great Wall of China, Leaving a Hole
▼ + stars: | 2023-09-05 | by ( Livia Albeck-Ripka | More About Livia Albeck-Ripka | ) www.nytimes.com time to read: +1 min

Two workers have been detained in northern China after local authorities said they plowed through a section of the country’s Great Wall with an excavator, leaving a gaping hole. The security bureau said it was first notified of the hole in a section of wall, near the township of Yangqianhexiang, about 215 miles east of Beijing, on the afternoon of Aug. 24. Law enforcement officers rushed to the scene to find that a piece of the wall, believed to have been constructed by the Ming dynasty between the 14th and 17th centuries, had been severely “excavated and damaged by large-scale machinery,” the bureau said. The man, named in the release as Zheng, and the woman, named as Wang, are from the autonomous region of Inner Mongolia in the country’s north and were taken in for investigation, the bureau added. They have been charged with destroying a cultural relic, The China Daily, a state-owned media outlet, reported.

Persons: Zheng, Wang Organizations: Public Security Bureau Locations: China, Youyu, Yangqianhexiang, Beijing, Inner Mongolia

☆ 5 Hot Springs in Iceland That Aren’t the Blue Lagoon
▼ + stars: | 2023-09-05 | by ( Lisa Abend | ) www.nytimes.com time to read: +1 min

The Zheng brothers had stumbled onto the most Icelandic of experiences. With more than 600 natural hot springs, the volcanic island gets the better part of its heat and energy from geothermal sources. Of course, visitors like a good soak as well, a predilection that has helped make the milky turquoise waters of the Blue Lagoon, near the Keflavik airport, Iceland’s most popular tourist attraction. Luckily, there are numerous other outdoor geothermal pools in the neighborhood. All of these are within an hour or so by car from Reykjavik, and each has its own personality.

Persons: Lucas Zheng, Zheng Locations: Boston, Venice, Keflavik, Reykjavik

☆ Coco Gauff: Path to US Open glory opens up for American as top women's seeds fall in New York
▼ + stars: | 2023-09-05 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

6 seed Coco Gauff. Up next for Gauff in the quarterfinals is the resurgent Jelena Ostapenko, who utterly dismantled defending champion and world No. “She’s playing really great tennis. “It’s like she’s got nothing to lose, so she’s playing at her best. She played great tennis against Ons – I haven’t watched her previous matches, but, yeah, she’s playing great tennis right now.

Persons: Świątek, Jessica Pegula, Sabalenka, Coco Gauff, Jelena Ostapenko, ” Gauff, Ostapenko, Caroline Wozniacki, “, Brad Gilbert’s, ”, Ostapenko –, Świątek –, Timothy A, Clary, she’ll, Roland Garros, Gauff, I’ve, Wozniacki, Aryna, Kena Betancur, Zheng Qinwen, Jabeur, Zheng, Daria Kasatkina, “ She’s, she’s Organizations: CNN, Gauff, WTA, Getty, US, “, Monday’s Locations: New York, AFP, Rothesay, Cincinnati

☆ Zheng Qinwen Is Coming Into Her Own
▼ + stars: | 2023-09-05 | by ( Matthew Futterman | More About Matthew Futterman | ) www.nytimes.com time to read: +1 min

Zheng Qinwen, the brightest of China’s growing cohort of bright tennis lights, was 7 years old when she first picked up a racket. Almost instantly, she was among the best children her age in her hometown, Shiyan, by Chinese standards a smaller city with 1.1 million people. Since she had done well, she would not be coming home with him and instead would stay in Wuhan to train. “I cried a lot,” Zheng, 20, said during a recent interview. But every two weeks when her parents would come to visit, she would beg them not to go.

Persons: Zheng Qinwen, “, ” Zheng Locations: Shiyan, Wuhan

☆ Sabalenka looks to march on at US Open with top ranking in the bag
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +3 min

Swiatek fell 3-6 6-3 6-1 to former French Open champion Jelena Ostapenko and Sabalenka - who has a 20-2 record at the majors this year - will aim to push on after accomplishing another of her main objectives for the season. "Reaching the WTA world number one singles ranking is something I've dreamed of ever since I was a little girl when I started playing tennis," Sabalenka, 25, said. "I'm feeling really well on court, really comfortable. I always say that I can be better, but right now I'm really happy with the level that I'm playing." Reporting by Shrivathsa Sridhar in Bengaluru; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: France's Clara Burel REUTERS, Shannon Stapleton, Daria Kasatkina, Swiatek, Jelena Ostapenko, I've, Arthur Ashe, Carlos Alcaraz, Matteo Arnaldi, Alcaraz, Madison Keys, Jessica Pegula, Alexander Zverev, Louis Armstrong, Peyton Stearns, Marketa Vondrousova, Andrey Rublev, Daniil Medvedev, Briton Jack Draper, Alex de Minaur, Zheng Qinwen, Shrivathsa Sridhar, Ken Ferris Organizations: Aryna, U.S, Madison, Louis, Wimbledon, Briton, Tunisian, U.S ., Thomson Locations: Flushing Meadows , New York, United States, Belarus, Belarusian, York, Flushing Meadows, Bengaluru

☆ Jabeur relieved to get past ailing Bouzkova at US Open
▼ + stars: | 2023-09-03 | by ( ) www.reuters.com time to read: +2 min

I know that's not cool, but I wanted to win," said Jabeur, who overcame her own early struggles due to flu and prevailed 5-7 7-6(5) 6-3 after nearly three hours. "I was trying to observe her a lot, try to see where she was hurt," Jabeur said. Jabeur, seeking her first Grand Slam title, said she will need to work on her serve ahead of a fourth-round meeting with China's Zheng Qinwen. "I think that's going to be very important playing a talented young player," Jabeur said. That's really important for me."

Persons: Colombia's Camila Osorio, Mike Segar, Marie Bouzkova, opponent's, Bouzkova, Jabeur, It's, China's Zheng Qinwen, We'll, That's, Shrivathsa Sridhar, William Mallard Organizations: U.S, Thomson Locations: Flushing Meadows , New York, United States, Czech, Tunisian, Bengaluru

☆ Jabeur holds off Bouzkova to reach U.S. Open fourth round
▼ + stars: | 2023-09-03 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

She will next play China's Zheng Qinwen, who beat Italian Lucia Bronzetti 6-3 4-6 6-4, in the round of 16. "It's a very tough match from both of us," said Jabeur, last year's runner-up. The Tunisian broke back with a nice backhand slice in the ninth game but handed Bouzkova another break with a double fault on set point. Jabeur said she expects a big challenge from fourth-round foe Zheng, against whom she retired in their last meeting in Toronto in 2022. Reporting by Amy Tennery in New York; Editing by Lincoln Feast and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

Persons: Colombia's Camila Osorio, Mike Segar, Czech Marie Bouzkova, Arthur Ashe, China's Zheng Qinwen, Italian Lucia Bronzetti, Bouzkova, Jabeur, nodded, Zheng, Amy Tennery, Lincoln, Edwina Gibbs Organizations: Tunisian, Wimbledon, ESPN, Thomson Locations: Flushing Meadows , New York, United States, Czech, U.S, Tunisian, Italian, Cincinnati, Toronto, New York

☆ Alice Zheng moved from med school to McKinsey to venture capital. Here's how she's using those experiences to advance innovation in women's health.
▼ + stars: | 2023-09-02 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +6 min

Alice Zheng is a VC at RH Capital focusing on early-stage women's health startups. Seven years after graduating from medical school, Zheng is now a principal at RH Capital, the fund of female-led firm Rhia Ventures. The firm, which focuses on early-stage women's health investing, collected $38.5 million for its second fund last year. Zheng later took a two-year hiatus from medical school to pursue an MBA from Harvard Business School. Zheng invests in women's health startups across consumer, life sciences, diagnostics, digital health, and health services.

Persons: Alice Zheng, Zheng, –, she'd, Juniper, Liang Organizations: RH Capital, University of Michigan, Harvard, McKinsey, University of Michigan Medical School, Ross School of Business, Rhia Ventures, GV, Khosla Ventures, Harvard Business School, McKinsey Global, Fortune, Capital Locations: China, U.S, Ann Arbor, McKinsey's, San Francisco

☆ 'Altcoins' central to Hong Kong crypto firm Hashkey’s first liquid fund
▼ + stars: | 2023-08-31 | by ( Summer Zhen | ) www.reuters.com time to read: +2 min

The fund, run by the investment arm of Hong Kong crypto giant Hashkey Group, launches on Friday. Less than 50% of its investments will be in Bitcoin and Ethereum , the two biggest crypto currencies. The asset manager will leverage its crypto venture investment experience to diversify allocations to smaller rivals collectively known as "altcoins", Zheng said. Hashkey Capital, which manages over $1 billion in assets, earlier said it aimed to raise $100 million for the fund over 12 months. Zheng said Hashkey Capital is also developing distribution channels with some offshore Chinese financial institutions, adding that weakness in the Hong Kong stock market has also pushed investors to look for diversified strategies.

Persons: Dado Ruvic, HONG KONG, Bitcoin, Jupiter Zheng, Zheng, Summer Zhen, John Stonestreet Organizations: REUTERS, Hashkey Capital, Reuters, Hashkey, Hong, Thomson Locations: HONG, Hong Kong, Bitcoin

People represent different countries during seminars on conflict scenarios with China, organised for youth by the Kuomintang (KMT) party, in Taipei, Taiwan May 21, 2023. Younger voters are again playing a role - but this time they are gravitating to dark horse candidate who has become the DPP's closest challenger. Ko Wen-je, a 64-year-old former Taipei mayor, has won over many younger voters with plain talk on issues such as high housing costs rather than focusing on the China threat. Some younger voters may show their hands late, so Ko's appeal to that demographic could close the gap with Lai. Although it may have a healthy lead in opinion polls, the DPP is acutely aware of the dangers of losing younger voters.

Persons: Ann Wang, Tsai Ing, William Lai, Ko Wen, Ko, Lai, Terry Guo, Chen Kuang, Chen, Hou Yu, Mao Zedong's, Ho Chih, yung, Ho, Zheng De, Zheng, Sarah Wu, Yimou Lee, Ben Blanchard, John Geddie, Gerry Doyle Organizations: Kuomintang, KMT, REUTERS, Rights, United States, Democratic Progressive Party, Taiwan People's Party, Taiwanese Public, DPP, Apple, Chung Cheng, Taiwan's, ih, Reuters, Thomson Locations: China, Taipei, Taiwan, Rights TAIPEI, Beijing, United, Hong Kong, Lai, Chung Cheng University

[1/2] British Foreign Secretary James Cleverly and Chinese Vice President Han Zheng attend a meeting at the Great Hall of the People in Beijing, China August 30, 2023. "We are clear-eyed about the areas where we have fundamental disagreements with China and we raise those issues when we meet," he told broadcasters. China Vice President Han Zheng told Cleverly at their meeting that he hoped the two countries could make new advances in their relations. Cleverly's visit to China comes as other countries in the West also try to improve their relations with the country. U.S. Commerce Secretary Gina Raimondo is on a four-day visit in China but warned that U.S. companies have complained to her that China has become "uninvestible".

Persons: James, Han Zheng, Florence Lo, Wang Yi, Liz Truss, Conservative Alicia Kearns, Gina Raimondo, Han, Sarah Young, Laurie Chen, Kate Holton, Elizabeth Piper, Conor Humphries Organizations: of, People, REUTERS, Rights, Conservative Party, China, British, Conservative, . Commerce, Thomson Locations: Beijing, China, Rights BEIJING, London, British, CHINA, Taiwan, Taipei, West

☆ US Commerce Secretary Gina Raimondo urges American businesses to keep investing in China (Analysis)
▼ + stars: | 2023-08-30 | by ( Michelle Toh | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —US Commerce Secretary Gina Raimondo urged American businesses to keep investing in China on Wednesday, even after saying some US firms had called the world’s second biggest economy “uninvestable.”Speaking at an American Chamber of Commerce event in Shanghai, the secretary encouraged companies to continue expanding in the country. “The message is to continue to do what you’re doing,” Raimondo told executives. Eric Zheng, president of AmCham Shanghai, told CNN after Raimondo’s appearance that he had not been hearing the term “uninvestable” from businesses on the ground. “In order to be globally competitive, they have to be in this market despite all the challenges.”Warm wordsRaimondo is the first US commerce secretary to visit China in five years. Andy Wong/APThe issue highlights the tightrope the commerce secretary is walking.

Persons: Gina Raimondo, ” Raimondo, Raimondo, Aly Song, ”, Wang Wenbin, Li Qiang, Antony Blinken, Janet Yellen, John Kerry, Eric Zheng, Andy Wong, Wang Wentao, Lifeng, Yellen, Foreign busineses, Chen Jining, Nazak Nikakhtar, Trump, Zheng, “, —, Jadyn Sham, Alex Stambaugh Organizations: Hong Kong CNN — US, American, of, Reuters, Shanghai, Biden, CNN, Covid, US Commerce Department, US Department of Commerce, Foreign, Department, Department of Commerce Locations: Hong Kong, China, Shanghai, Beijing, United States, decouple, “

☆ 2023 US Open women’s draw: everything you need to know
▼ + stars: | 2023-08-27 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —With the final grand slam of the season nearly upon us, there are plenty of storylines for fans to get excited about. In the women’s singles draw, a player hasn’t won back-to-back titles since Serena Williams won it three times in a row between 2012 and 2014. ESPN will be broadcasting the grand slam in the US – the 15th consecutive year it has done so. Home favoritesThere will be plenty of competitors for the home fans to get behind in the women’s singles draw. Although reigning champion Świątek comes into the tournament with another French Open title under her belt and is ranked world No.

Persons: hasn’t, Serena Williams, Venus Williams, Williams, Veronika Kudermetova, Paula Badosa, Jessica Pegula, Coco Gauff –, Pegula, Gauff, Camila Giorgi, Jelena Ostapenko, Cameron Spencer, Caroline Wozniacki, Świątek, Emma Raducanu’s, Sabalenka, Belinda Bencic, Quinn Rooney, Aryna Sabalenka, Markéta Vondroušová, Elena Rybakina, Jabeur, Barbora Krejcikova, Daria Kasatkina, Zheng Qinwen Organizations: CNN, 143rd, ESPN, Sky Sports, Eurosport, US Tennis Association, Cincinnati Masters, Flushing, Belgian, Minnen, North, Washington D.C, & Southern, French, Wimbledon Locations: Flushing Meadows , New York, Europe, Flushing Meadows, North American, Montreal, Cincinnati

☆ Venus Williams receives wildcard to play in 24th US Open at age 43
▼ + stars: | 2023-08-17 | by ( Matias Grez | ) edition.cnn.com time to read: +1 min

CNN —Venus Williams will take part in a record-extending 24th US Open after receiving a wildcard from the US Tennis Association (USTA) to compete at this year’s tournament. Williams, now ranked 533rd in the world, made her US Open debut in 1997 and went on to win the title in 2000 and 2001. Denmark’s Caroline Wozniaki will make her first grand slam appearance since retiring after the 2020 Australian Open after the former world No. The 2018 Australian Open champion retired in 2020 to start a family, but returned to action at the recent Canadian Open after more than three years away from the sport. The US Open, the final grand slam of the year, gets underway on August 28.

Persons: Venus Williams, China’s Zheng Qinwen, Williams, Veronika Kudermetova, Denmark’s Caroline Wozniaki, Caroline Wozniacki, Robert Prange, Wozniacki, Australia’s Kimberly Birrell, Markéta Vondroušová Organizations: CNN, US Tennis Association, Cincinnati Masters, Wimbledon

☆ Swiatek survives Zheng scare to reach Cincinnati quarter-finals
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +2 min

Aug 17 (Reuters) - Iga Swiatek used an outfit change to help her reset after a poor start and beat China's Zheng Qinwen 3-6 6-1 6-1 on Thursday and set up a Cincinnati Open quarter-final clash with Wimbledon champion Marketa Vondrousova. "Honestly, it's because of my coach," Swiatek said about her outfit change. "I thought this was a bad (idea) but I tried this time and it worked, so thank you coach." Awaiting Swiatek in the next round will be Vondrousova, who converted four of five break points during a 7-5 6-3 victory over Sloane Stephens. Greek eighth seed Maria Sakkari also advanced with a 3-6 6-2 6-3 win over Czech Karolina Muchova.

Persons: Swiatek, China's Zheng Qinwen, Marketa Vondrousova, Zheng, Sloane Stephens, Elena Rybakina, Jasmine Paolini, Maria Sakkari, Czech Karolina Muchova, Frank Pingue, Ed Osmond Organizations: Cincinnati, Wimbledon, U.S, Czech, Thomson Locations: Toronto

☆ China industrial profits extend double-digit slide on weak demand
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +2 min

BEIJING, July 27 (Reuters) - China's industrial profits extended this year's double-digit pace of declines into a sixth month as waning demand took a toll on companies' profit margins, bolstering the case for more supportive policy to help the economy. In June alone, industrial earnings shrank by 8.3% from a year earlier, according to data from the National Bureau of Statistics (NBS) on Thursday. Profits dived for 29 of 41 major industrial sectors during the period, with the ferrous metal smelting and rolling processing industry reporting the deepest slump at 97.6%. "Looking ahead, there's a big chance of China's industrial profits logging positive growth in 2024, said Zheng Houcheng, chief macro economist at Yingda Securities Co, attributing the turnaround in part to expectations for ramped-up stimulus. Industrial profit numbers cover firms with annual revenues of at least 20 million yuan ($2.79 million) from their main operations.

Persons: Sun Xiao, there's, Zheng Houcheng, Ethan Wang, Qiaoyi Li, Ryan Woo, Jacqueline Wong Organizations: National Bureau of Statistics, Reuters Graphics, NBS, Yingda Securities, ramped, People's Bank of China, Thomson Locations: BEIJING

☆ A sanctions loophole is allowing China to quietly send millions of dollars worth of military gear to Russia
▼ + stars: | 2023-07-25 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

China is shipping huge amounts of gear to Russia, including bulletproof vests and helmets. The deliveries toe the line between civilian and military use, which lends deniability to China. The goods are non-lethal, but still useful enough to have a material impact on the war in Ukraine, per Politico. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Drones and dual-use goods, however, won't trigger a response from authorities in the European Union, sources told Politico, as they aren't something that would have been explicitly agreed upon in sanctions.

Persons: Vladimir Putin's, Silva, Rika, Cindy Zheng, Zheng Organizations: Politico, Service, Privacy, China, European Union, RAND Corporation Locations: China, Russia, Ukraine, Wall, Silicon, Beijing, Shanghai, Moscow

☆ Kyle Anderson: US-born NBA player will represent China at the basketball World Cup
▼ + stars: | 2023-07-24 | by ( Andrew Mcnicol | ) edition.cnn.com time to read: +3 min

CNN —US-born basketball player Kyle Anderson will represent China at next month’s FIBA World Cup after obtaining Chinese nationality, the Chinese Basketball Association (CBA) announced on Monday. Anderson is China’s first naturalized basketball player and his addition to the national team roster is considered a huge coup. Really proud and honored to wear the Team China jersey,” he said. While a first in basketball, China has acquired a handful of elite athletes with and without Chinese roots through naturalization. “When I’m in China, I’m Chinese.

Persons: Kyle Anderson, Li Kaier, “, Anderson, Yao Ming, Yao, ”, Eileen Gu, Gu, heptathlete Nina Schultz –, Zheng Ninali Organizations: CNN, FIBA, Chinese Basketball Association, The Minnesota Timberwolves, Weibo, NBA, China, Team USA, China’s, Chinese Super League, Timberwolves Locations: China, I’m, Canada, China’s Beijing, Fairview , New Jersey, Philippines, Japan, Indonesia . China, Serbia

☆ Meet 17 medical doctors at VC firms like GV and Khosla Ventures who are investing in the next big healthcare startups
▼ + stars: | 2023-07-20 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +2 min

Some medical school graduates are bringing their expertise to the world of startup investing. Take a look at 17 doctors who are now investing at VC firms like GV and Khosla. And still others, including Khosla Ventures' Alex Morgan and Galym Imanbayev of Lightspeed Venture Partners, jumped directly to a VC firm after graduating from medical school. Even so, VCs with medical degrees all say they feel that their medical school training has been invaluable in terms of understanding a health startup's business. Take a look at Insider's list of 17 medical doctors who are now VCs at top firms like GV, Khosla Ventures, and more.

Persons: —, laud, Mark Zuckerberg, Larry Ellison, Jack Dorsey, Chris Kager, Robert Mittendorf, Alex Morgan, Galym, Alice Zheng Organizations: MDs, GV, Khosla, Global Health, Khosla Ventures, Lightspeed Venture Partners, University of Michigan Medical School, RH Capital

[1/3] The sign outside the Sam's Club is seen at its store in Shanghai, China July 12, 2023. The membership stores are also gaining ground amid a sales decline in China's hypermarket sector, which struggled with a shift towards online purchases during the pandemic. The club warehouse format "is the only bright spot," said Derek Deng, who leads Bain & Company's consumer products practice in greater China. "Sam's Club are doing well. But Sam's Club was ultimately confident it is currently miles ahead, one of the people said.

Persons: Aly, Liu Zheng, lockdowns, Derek Deng, Bain, Kantar Worldpanel, Judith McKenna, Bain's Deng, Christina Zhu, Sophie Yu, Brenda Goh, Jamie Freed Organizations: Sam's, REUTERS, Sam's Club, Costco, Walmart, HK, Freshippo, Carrefour, Yonghui, Bain, Reuters Graphics, Reuters, Sun, Retail, M, Beijing Yaodi Agriculture, M Club, Thomson Locations: Shanghai, China, BEIJING, Beijing, U.S, United States, Carrefour China, Peking, Yangzhou, Lanzhou, Sam's

☆ U.S. climate envoy John Kerry hints at potential Xi-Biden meeting
▼ + stars: | 2023-07-19 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

U.S. special presidential envoy for climate, John Kerry, said U.S. President Joe Biden and Chinese President Xi Jinping could meet later in 2023. BEIJING — John Kerry, special presidential envoy for climate, said Wednesday that U.S. President Joe Biden and Chinese President Xi Jinping could meet later this year. Kerry was referring to the Asia-Pacific Economic Cooperation Leaders' Summit — set to be held in San Francisco in November. There's a potential for Xi to visit the U.S. for the summit, and meet with Biden during that time. Han did not specifically mention such a Xi-Biden meeting in his opening remarks.

Persons: John Kerry, Joe Biden, Xi Jinping, BEIJING — John Kerry, Kerry, Han Zheng, There's, Xi, Han, Biden Organizations: APEC, Economic Cooperation, Biden Locations: BEIJING, San Francisco, China, Asia

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