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[1/5] Badminton - All England Open Badminton Championships - Utilita Arena, Birmingham, Britain - March 19, 2023 South Korea's An Se-young celebrates on the podium after winning the women's singles final Action Images via Reuters/Andrew BoyersBIRMINGHAM, England, March 19 (Reuters) - South Korea's An Se Young smashed her way to the women's singles title at the All England Open badminton championships on Sunday, beating Tokyo 2020 Olympics gold medallist Chen Yu Fei of China. "I'm so tremendously happy," said An, 21, who had knocked Tokyo Olympics silver medallist Tai Tzu Ying of Taiwan out in the semi-finals on Saturday. It was touch-and-go for An in the second half of the final game, with Chen pressing with aggressive smashes and smart backhands. China beat South Korea in the mixed doubles final 21-16 16-21 21-12. Later on Sunday, Li Shi Feng will play fellow Chinese shuttler Shi Yu Qi in the men's final.
"If people need to fly, they will fly," VistaJet's Qi told Insider in October 2022. "No one likes to pay more money, but we live in a world where inflation is close to 10% and the most precious resource of our members is time." Courtesy of VistaJet
Chinese Doctor Who Sounded the Alarm on SARS Dies
  + stars: | 2023-03-15 | by ( Liyan Qi | ) www.wsj.com   time to read: 1 min
Military surgeon Jiang Yanyong, who challenged China’s official line about SARS, has died at age 91. Jiang Yanyong , a military surgeon who sounded the alarm on Chinese authorities’ efforts to cover up the extent of a 2003 outbreak of severe acute respiratory syndrome, or SARS, died over the weekend at age 91, according to people close to Dr. Jiang and his family. Unlike Li Wenliang , a Wuhan doctor who was initially punished for circulating an early warning about the spread of Covid-19 before his death from the disease in 2020, Dr. Jiang wasn’t penalized for drawing attention to the impact of SARS in 2003. Both doctors were eventually hailed as folk heroes in state media.
It was an unexpected problem. Earlier this year, Christina Qi, the chief executive of market data company Databento, noticed almost every job application included exactly what she was looking for. The company prompts candidates to write a tweet and a press release about microwave towers, a niche topic that requires research, Ms. Qi said. Normally, most candidates fail the test. This time all five passed.
It was an unexpected problem. Earlier this year, Christina Qi, the chief executive of market data company Databento, noticed almost every job application included exactly what she was looking for. The company prompts candidates to write a tweet and a press release about microwave towers, a niche topic that requires research, Ms. Qi said. Normally, most candidates fail the test. This time all five passed.
Experts at BofA and UBS recently wrote about their approaches for investing in the theme. Tech analyst Dan Ives doubled his price target on AI pure play C3.AI, which has soared almost 150%. One of the market's splashiest artificial intelligence newcomers is here to stay, says Wedbush tech stock analyst Dan Ives. On Friday Ives boosted his price target on AI software company C3.AI from $13 per share all the way to $24. "The company continues to experience increased demand for its AI solutions that are designed to increase a range of applications across industries fueling tailwinds in the market," Ives wrote.
Yu Yuan, an interior designer from the eastern Chinese city of Nanjing, is still bewildered by her encounter with a mandarin fish at the family dinner she hosted in December. Tucking into the fish, braised whole in soy sauce as locals prefer, Ms. Yu felt a small bone catch in her throat. She swallowed mouthfuls of barely chewed rice and bread on her husband’s advice in a bid to dislodge the bone, but that only succeeded in making it stick deeper.
Even as China’s Communist Party emphasizes what it calls traditional family values, it has become more accepting of out-of-wedlock births. In the years since China started actively encouraging couples to have more children, birth numbers have continued to drop. In one response, authorities across China are starting to make it less of an obstacle course for unmarried women to have children.
In China, Young Women Become Accidental Symbols of Defiance
  + stars: | 2023-01-25 | by ( Shen Lu | Liyan Qi | ) www.wsj.com   time to read: 1 min
Late on Nov. 27, book editor Cao Zhixin, who was about to turn 26 years old, joined a protest near Beijing’s embassy district with a few of her friends. It was a spur-of-the-moment decision that accidentally made them symbols of the most public display of defiance in a generation—as well as the state’s forceful response. The rally was billed as a vigil for victims of a deadly fire in an apartment building in China’s west that had been under Covid-19 lockdown. Ms. Cao and her friends brought flowers and candles and sang, along with the crowd, the traditional Chinese lament “Farewell.”
[1/3] Ang Ran and her 2-year-old son Tang Ziang look out from their home in Beijing, China November 8, 2022. A glimpse of the scars caused by the pandemic to China's already bleak demographic outlook may come to light when it reports its official 2022 population data on Jan. 17. "In less than 80 years China’s population size could be reduced by 45%. The United Nations predicts China’s population will start to decline this year when India overtakes it as the world's most populous country. U.N. experts see China's population shrinking by 109 million by 2050, more than triple the decline of their previous forecast in 2019.
More than 30 mutual funds launched this week, mostly equity-focused, offering vehicles for recovery bets. Yang Delong, chief economist at First Seafront Fund Management expects China's economic growth to exceed 5% this year as COVID curbs are scrapped. Cao Ludi, fund manager at Fullgoal Fund Management, predicts an "N-shaped" economic recovery, as an expected Spring revival in activity will likely succumb to a harsh reality check in the second quarter. She advised against chasing the high-flying real estate and tourism stocks, as their "fundamentals remain a question mark." This should mean economic recovery by the second quarter, if not earlier."
WHO Prods China to Release Reliable Covid-19 Data
  + stars: | 2023-01-04 | by ( Joyu Wang | Liyan Qi | ) www.wsj.com   time to read: 1 min
The World Health Organization in a briefing Wednesday urged Beijing to be more transparent about its Omicron outbreak, with some officials questioning the accuracy of the country’s Covid-19 data. WHO Director-General Tedros Adhanom Ghebreyesus said the agency is concerned about the surge in Covid-19 infections in China and again urged the Chinese government to deliver rapid and reliable data on hospitalizations and deaths.
Tesla announced pre-orders were open for a $300 wireless charging mat. In 2019, Apple canceled AirPower, its own version of a wireless charging mat. Back in 2019, Apple scrapped plans for a similar product called AirPower because Apple said it failed to meet the company's standards. Like Tesla's charging mat, AirPower was designed to charge three products at once— including wearables, which aren't usually compatible with Qi, an inductive method for wireless charging. Tesla's Wireless Charging Platform isn't compatible with the Apple Watch, for instance, the Verge reported.
Undercounted Deaths Cloud China’s Zero-Covid Exit
  + stars: | 2022-12-21 | by ( Liyan Qi | Cao Li | ) www.wsj.com   time to read: 1 min
China has reported just a handful of Covid-19 deaths as a wave of Omicron infections has swept the country’s biggest cities, stoking suspicion among public-health experts and relatives of deceased patients that the government isn’t accurately accounting for the impact of the virus. Despite widespread reports of soaring infections, crowded hospitals and overwhelmed crematoria, Chinese health authorities had by Tuesday reported only seven Covid-related deaths since the country abruptly eased many of its pandemic-control measures more than two weeks ago. Two deaths were reported in Beijing on Monday and five the following day.
Epidemic control workers in Beijing go to disinfect an epidemic area in a recently reopened neighborhood after China lifted its policies such as locking down areas and cities. The death of a Chinese medical student who had been doing hospital work shook healthcare workers across the country and stirred fears of inundated hospitals as the scrapping of Beijing’s strict Covid-19 restrictions has triggered a surge in infections. The West China School of Medicine in the southwestern city of Chengdu said that the first-year medical student, whom it referred to by his surname, Chen, collapsed on Tuesday after completing his clinical work. It said he died of cardiac arrest a little after 10 p.m. Wednesday.
BEIJING, Dec 11 (Reuters) - The ashes of late Chinese leader Jiang Zemin were scattered into the sea at the mouth of the Yangtze River on Sunday, the state-run Xinhua news agency said. After arriving in Shanghai, the ashes were taken by hearse to the Wusong military port. Then Jiang's relatives escorted the ashes aboard the Yangzhou, a Chinese People's Liberation Army warship which was named after Jiang's hometown Yangzhou, Xinhua said. At the mouth of the Yangtze River, Jiang's widow Wang Yeping and other relatives, as well as Cai Qi, a senior Communist Party member, slowly scattered Jiang's ashes and colourful flower petals to the river and sea, it said. "Comrade Jiang Zemin devoted his life unreservedly to the motherland and the people," Xinhua said.
Li Xueren/Xinhua via REUTERSBEIJING, Dec 6 (Reuters) - Chinese President Xi Jinping paid tribute to former leader Jiang Zemin on Tuesday for ensuring the Communist Party's survival from "political storms" and reforming it to inject new vitality and modernise the country's economy. "In the late 1980s and early 1990s, serious political storms occurred at home and abroad, and world socialism experienced severe complications. Some Western countries imposed so-called 'sanctions' on China," Xi told an audience including China's top leadership and Jiang's direct successor Hu Jintao. But Jiang stepped forward to press reform and opening up, strengthen the party's ties with the people, engage in "diplomatic struggles" and upheld China's independence, dignity, security and stability, Xi added. Attendees at the ceremony all stood as Xi spoke, and wore white chrysanthemums, a traditional Chinese symbol for mourning.
China had three years to prepare for a nationwide surge in Covid-19 cases. While it increased spending to build more hospitals and develop vaccines, funding gradually shifted toward paying for costly Covid-19 restrictions. Investment in expanding medical resources, such as hospital beds, actually slowed during the pandemic, government data shows.
China Officials Soften Tone on Covid Curbs Amid Protests
  + stars: | 2022-11-30 | by ( Liyan Qi | ) www.wsj.com   time to read: 1 min
China’s Covid cases have exceeded its previous peak hit in April, and it recorded more than 37,000 new cases Monday, health officials said. Chinese health officials softened their messaging on the risks of Covid-19, urging local governments to avoid unnecessary and lengthy lockdowns, after protesters across the country denounced the strict controls. The Omicron variant has caused fewer deaths and less severe sickness than previous Covid variants, a health official said at a press conference Tuesday.
A key index of Chinese stocks in New York jumped 15% during the same period. Some investment banks even upgraded their China growth forecasts following the policy changes. They want to correct the market’s perception of China’s economic outlook, as President Xi Jinping interacts with global leaders at G20,” it said. “I don’t think the long-term appetite for China and Hong Kong shares will return so quickly. The Nasdaq Golden China Index, a popular index tracking Chinese companies in New York, has plunged more than 33% so far in 2022.
Several cities said they would no longer carry out mandatory mass testing. SINGAPORE—A sevenfold surge in coronavirus infections over the past two weeks is testing China’s new policy of loosened measures that aim to reduce the impact of zero-Covid restrictions. On Wednesday, China reported almost 20,000 new locally transmitted Covid-19 cases, with infections recorded all over the country. While below the peak in April, when nine out of 10 cases nationwide were in Shanghai, the latest wave of infections has spread more widely, with multiple regions battling their biggest outbreaks of the pandemic.
Harin de Silva is on the small investment committee for Pimco's Private income Fund, which includes Group CIO Dan Ivascyn. Core Strategies, also recently took a personal leave of absence from the firm. Pimco's co-head of special situations, Harin de Silva, has taken a personal leave of absence from the firm, a company spokesperson confirmed Wednesday. De Silva is co-head of special situations with executive vice president Kristofer Kraus, who is a portfolio manager on the speciality finance team. During de Silva's leave, Pimco has placed portfolio manager Kristofer Kraus, who is on the speciality finance team, on the PIF investment committee.
China announced a shortening of its quarantine requirements last week, while simplifying travel rules and adjusting its monitoring regime. China has stood firm on its zero-Covid policy even as countries around the world adopt a "live with the virus" approach. Fund manager Brian Arcese believes the market reaction reflects the "underlying fundamentals that earnings will really start to improve." Meanwhile, Arcese, who is a portfolio manager at Foord Asset Management, said the firm has a China exposure of about 20%. It should benefit from the re-opening of China as tourism gradually recovers to pre-Covid levels," he added.
According to Qi, any meals served on VistaJet planes are received from the restaurant or vendor on either the day of or the night before to keep the food as fresh as possible. People waiting in line for Nobu in London. Mark Robert Milan/Getty Images
Summary China may miss typical November-December export surgeExports unexpectedly dropped in October as global demand ebbedFall in exports broad-based, from toys to appliancesBEIJING, Nov 10 (Reuters) - China's usual year-end export surge is in doubt as weak global demand dims a rare bright spot for the world's second-biggest economy, already hurt by COVID-19 lockdowns, a frozen property sector and ebbing domestic consumption. Analysts expect global recession risks and China's disruptive COVID curbs will further drag on exports in coming months, dashing hopes for an economic rebound this quarter. Qi was not sure of the scale of orders that overseas customers would place in December. A closely watched private-sector survey focussing on small manufacturers shows export orders contracting since August. Buyers usually book orders for Christmas and Black Friday around August, but weak demand already sapped any lift this period.
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