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There have been enough offbeat comedies about rappers and hip-hop lately to make up their own genre — the shape-shifting surreality of “Atlanta,” the scatological farce of “Dave,” the social-media savvy of “Rap Sh!t” — not to mention a list of dramas and docu-series from “Empire” to “Wu-Tang: An American Saga.”On Thursday, Netflix adds “The Vince Staples Show,” an impressionistic alt-comedy built around the deadpan sensibility of its star. It is mordantly funny and visually arresting, although at five brief episodes, it’s more of an EP than a magnum opus. Staples, once affiliated with the alternative hip-hop collective Odd Future, is known not just for his music but for a self-aware sense of humor that’s made him a sharp presence on social media. In the series, whose executive producers include Staples and Kenya Barris (“black-ish”), he plays a version of himself, flexing his sardonic voice while playing with the sense of danger that informs many of his lyrics. In the first episode, Vince is pulled over after making a U-turn in his home town of Long Beach, Calif.
Persons: Dave, “ Wu, Vince Staples, Staples, that’s, Vince, Organizations: Netflix, Staples, Kenya Barris Locations: Atlanta, Kenya, Long Beach, Calif
Yearwood adds sour cream to achieve a fluffy textureTrisha Yearwood's pancake recipe used the most blueberries. Dean makes blueberry pancakes fluffy by folding in whipped egg whitesBobby Dean's secret ingredient is whipped egg whites. Whipping egg whites is key to Bobby Deen's pancake recipe. Overall, Deen's trick of folding in whipped egg whites was the best hack for fluffy pancakesBobby Deen's pancake recipe was my favorite of the bunch. But I found that Deen's addition of egg whites whipped to stiff peaks was the best way to make super-fluffy pancakes.
Persons: Trisha Yearwood, Ree Drummond, Bobby Deen, Drummond, , Yearwood, Paige Bennett, Bobby Dean's, Bobby Deen's, I'd, we've Organizations: Service
TikToker Jordan Howlett is 26, but people frequently assume he is older. It probably doesn't help that he looks like Wu-Tang Clan's Method Man, who is twice his age at 52. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementLast month, Jordan Howlett, a popular content creator better known as Jordan The Stallion, went viral for his video theorizing that Gen Zers look older than they are due to stress. This story is available exclusively to Business Insider subscribers.
Persons: TikToker Jordan Howlett, Wu, Tang, that's, Howlett, , Jordan Howlett, Z Organizations: Service, Stallion, Business
Historically, Asian Americans have been stereotyped as more brains than brawn or treated as foreigners in U.S. sports. Growing up Asian and Black American or “Blasian” in Orange County, California, Remigio didn't feel a sense of belonging. Historically, in U.S. sports, Asian American men have been treated as outsiders and their masculinity questioned. Asian Americans are always kind of troubling and in this liminal space of a black-white binary, even in sports.”Arnaldo, who co-edited the book “Asian American Sporting Cultures,” said it makes business sense for the NFL to try to appeal to Asian American spectators. There are at least two dozen NFL players of Asian or Pacific Islander descent, according to AMAZN HQ, an online hub curating news on Asians and Asian Americans in sports.
Persons: Nikko Remigio, Travis Kelce, Taylor Swift, haven't, grandpa —, , Remigio, HEE, Manumalo, Troy Polamalu, Tua Tagovailoa, Muasau, Jake, , ” Muasau, “ They’re, ” Remigio, Constancio Arnaldo Jr, ” Arnaldo, Eugene Chung, Younghoe Koo, Camryn Bynum, Bynum, Instagram, they're, Tang Organizations: Nikko, Super Bowl, Kansas City Chiefs, NFL, The League, Las Vegas, Pacific, Asian American Foundation, New York Giants, Tennessee Titans, Pittsburgh Steelers, Miami Dolphins, University of Nevada, Sporting, Football, NBA, Major League Baseball, Korean, The Institute, Diversity, Pacific Islanders, Atlanta Falcons, South, Minnesota Vikings Locations: Las Vegas, Philippines, Kansas, Pacific, Hawaiian, Hawaii, Tua, he's, Orange County , California, Asia, Mexican American, South Korea, California, Berkeley, Phoenix, @ttangAP
King Charles' cancer diagnosis marks a dangerous new era for the British monarchy, which is running out of key players. Charles' monarchy is too small and too oldThe palace said the king will continue undertaking state business and official paperwork while receiving treatment. The royal family appears on the balcony of Buckingham Palace after King Charles III's coronation. King Charles III and Princess Anne during the funeral of Queen Elizabeth II at Westminster Abbey on September 19, 2022. AdvertisementPrince George, 10, is second in line to the throne — but he won't be eligible to undertake royal duties until he's at least 18.
Persons: King Charles, Buckingham, Charles, Prince William, Princess Anne, King Charles III's, Max Mumby, Phil Dampier, Prince Andrew, Duke, Duchess of, Kate, King Charles III, Queen Elizabeth II, Karwai Tang, WireImage Dampier, Prince George, he's, George, Prince of Wales, Yui Mok, Queen Camilla, Anne, Prince Edward, Sophie, Richard Fitzwilliams, Victoria Howard, Marlene Koenig, Queen Margrethe, Howard, Charles III, Fitzwilliams, Koenig, William, Lord Chancellor, Charles abdicates, King, Prince Andrew's, Princess Beatrice, Princess Eugenie, Chris Jackson, Kristen Meinzer, BI's Samantha Grindell, Beatrice, Eugenie, I've, Dampier Organizations: Buckingham, Business, CBC News, Westminster Abbey, Unit, Getty Locations: British, Buckingham, Duchess of Sussex, Netherlands, Spain
So you want to go to the Super Bowl this weekend. Even for non-football fans, this year’s spectacle of professional sports and over-the-top entertainment — in Las Vegas, no less — could be hard to resist. Considering the cost of flights, lodging, assorted travel expenses and entry into Allegiant Stadium, Super Bowl LVIII may be the most expensive to attend. As of Tuesday, people were paying a median of $8,776 per ticket, according to data from the ticket marketplace Vivid Seats, thousands of dollars more than most recent Super Bowl matchups. Driving the demand are a number of factors, including the possibility of Taylor Swift attending, the stadium being one of the National Football League’s smallest in terms of capacity and Las Vegas hosting its first Super Bowl.
Persons: Nick Bosa, Patrick Mahomes, Travis Kelce, Usher, Luke Combs, Adele, Wu, Clan —, Monika Bertaki, Harry Reid, Taylor Swift Organizations: San Francisco 49ers, Kansas City Chiefs, Harry, Harry Reid International Airport, Henderson, Airports, Allegiant, National Football, Las Vegas Locations: Las Vegas, North Las Vegas
Beijing CNN —Blizzards and freezing rain have brought massive disruption to China’s peak Lunar New Year travel rush, leaving drivers stuck in cars on icy highways and passengers struggling to rebook canceled trains and flights. Sections of 90 major highways impacted by snow and ice were closed across China as of Tuesday morning, according to state-affiliated Beijing News. Others show crowds of stranded passengers in train stations, in one case with an announcement blaring: “No trains are leaving today. Tang flipped through his camera, where images showed piles of snow on both sides of the road and a long traffic jam. Another wave of precipitation is forecast through midweek slightly further south than the snow over the weekend, according to CNN Weather.
Persons: Yang Guang, Tang Zitao, Tang, , we’d, It’s Organizations: Beijing CNN, Visual China, CNN, Spring, CNN Weather Locations: China, Beijing, Hubei, Anhui, Wuhan, Henan province, Tang
I tried 28 dips and spreads from Trader Joe's to see which would be the best for a Super Bowl party. As a regular connoisseur of Trader Joe's salsas and spreads, I decided to try some of the chain's most popular dips. AdvertisementThe pimento cheese dip basically was comfort food in a containerTrader Joe's pimento cheese dip was soft and flavorful. VERDICT: I may not be an expert on Southern dips, but Trader Joe's pimento cheese option tasted like a winner. So it was unsurprising that Trader Joe's upgraded version of this familiar favorite turned out to be one of the standout dips I tried.
Persons: Joe's, , Wilson, I'm, I'd, could've, Savanna, pico de gallo, Wilson I'm, jalapeño hummus, hummus, it's, Wilson It's, tzatziki, Wilson I've, Joe's tzatziki, Margherita, I've, pico, gallo, It's, Wilson Chunky, you've Organizations: Super Bowl, Service, Wilson, Joe's Locations: Buffalo, Savanna, Southern, dill, Joe's Buffalo, Monterey Jack, cayenne
CNN —In the spring of 2015, homemaking expert Martha Stewart was giving Justin Bieber some dating advice. Long before Kylie Jenner may or may not have become a self-made billionaire, Stewart became the first woman to actually achieve that status when the company she founded, Martha Stewart Living Omnimedia, went public in 1999. But the “Martha Stewart” brand lives on across thousands of products that reach approximately 100 million consumers each month, according to a tally from the current owner, Marquee Brands. There is no modern lifestyle brand without Stewart, who taught a generation of women how to turn themselves into a brand and grow a business. After she sold her namesake brand, Stewart has turned to social media to unlock new streams of revenue while still forging what feels like authentic connections with her millions of followers.
Persons: Martha Stewart, Justin Bieber, Stewart, Justin, Long, Kylie Jenner, Omnimedia, MSLO, Martha Stewart ”, , Michael Kupinski, , ” Kupinski, ” It’s, Gwyneth Paltrow, Jessica Alba, TikTok, ” Martha Stewart, Marc Bryan, Brown, ” Claire Saffitz, Gary Nardilla, Martha, ” Nardilla, Stewart’s, Tang ”, Martha’s, Saffitz Organizations: CNN, Comedy, Marquee Brands, Noble Financial Capital Markets, Bloomberg, Everett, CNN Studios Locations: West Virginia, Instagram, Martha’s Chard
WASHINGTON (AP) — The United States will resume a long-suspended Peace Corps program in the North Pacific island of Palau as the Biden administration continues moves to counter growing Chinese influence in the region. “Volunteers will live and work side-by-side with community partners to improve childhood literacy and math and science skills, along with teaching English as a foreign language,” Peace Corps director Carol Spahn said in a statement. Palau’s president, Surangel Whipps, said the return of the Peace Corps reflects the strong relationship between his nation and the United States. Peace Corps officials said they hope that with congressional funding the Palau reopening will be the first of several new programs it will restart in the Pacific. The Peace Corps, a creation of the John F. Kennedy administration, currently has Pacific island programs in Fiji, Samoa, Tonga and Vanuatu.
Persons: Biden, Carol Spahn, Surangel Whipps, , ” Whipps, John F, Kennedy, Didi Tang Organizations: WASHINGTON, Peace Corps, “ Volunteers, Peace, Corps, Pacific, Marshall, Associated Press Locations: United States, North, Palau, Taiwan, Federated States, Micronesia, China, Marshall Islands, Beijing, U.S, Pacific, Fiji, Samoa, Tonga, Vanuatu
Hong Kong CNN —Hong Kong on Tuesday formally began the process of enacting a controversial homegrown national security law in a move that could have deep ramifications for the city’s status as a global financial hub. Beijing’s national security crackdown of recent years has transformed once-freewheeling Hong Kong, silencing almost all dissent and jailing dozens of political opponents. Under Hong Kong’s mini-constitution agreed by the two powers, the city is required to enact laws to prohibit acts that endanger national security. “Foreign agents and Hong Kong independence ideas are still lurking in Hong Kong society.”Hong Kong Chief Executive John Lee speaks during a press conference at government headquarters in Hong Kong on January 30, 2024. The new security law could bring further uncertainty for Hong Kong, which is striving to maintain its status as Asia’s premier financial hub following three years of strict Covid restrictions and Beijing’s national security crackdown.
Persons: Hong, it’s, John Lee, , It’s, we’ve, ” Lee, Lee, Peter Parks, Chris Tang, ” Tang, Tang Organizations: Hong Kong CNN, Tuesday, Hong, CIA, British, Getty Locations: Hong Kong, Beijing, China, AFP, Hong Kong’s, East, West
BEIJING (AP) — As the U.S. presidential campaign moves closer to a Donald Trump-Joe Biden rematch, China is watching uneasily. While Biden has looked for areas of cooperation with China, Beijing is concerned about his efforts to unite allies in the Indo-Pacific in a coalition against China. “For China, no matter who won the U.S. presidential election, they would be two ‘bowls of poison’,” said Zhao Minghao, a professor of international relations at Fudan University in Shanghai. When Biden and Trump squared off in 2020, U.S. intelligence agencies reported before the election that China viewed Trump as “unpredictable” and opposed his reelection. “Trump is by nature volatile and cruel and is a person hard to be familiar with,” said Shi Yinhong, international relations professor at Renmin University of China.
Persons: Donald Trump, Joe Biden, uneasily, Biden, It’s, hasn’t, , Zhao Minghao, Sun Chenghao, Trump, Chuan Jianguo, “ Trump, Sun Yun, Sun, Xi Jinping, Antony Blinken, Xi, Miles Yu, China's, ” Yu, Deng Xiaoping, Shi Yinhong, Shi, Wang Yiwei, ” Wang, ” Shi, ___ Tang, Yu Bing, Chen Wanqing, Eric Tucker Organizations: BEIJING, U.S, China, Trump, , Fudan University, Center for International Security, Tsinghua University, Stimson Center, Hudson Institute, Communist Party, Renmin University of China, White, Institute of International Affairs, Associated Press Locations: China, Beijing, Taiwan, Shanghai, Asia, Pacific, Sun, Washington, Lago, Florida, City, United States, U.S
After eight years of living between New York City and Toronto, I find the quality of living is better in Canada. And yet, as a Canadian, I still prefer living in the US — particularly New York City — over my home country. I think Americans are friendlier than CanadiansThe stereotype is that Canadians are nice, and I think that does hold true. In my experience traveling across the US and meeting Americans abroad, Americans are often chattier than Canadians. Americans love pop culture, and so do II think pop culture is way more exciting in the US than in Canada.
Persons: doesn't, Ryan Gosling, Matthew Perry, Karwai Tang, There's, I've, it's, Jennifer Ortakales Dawkins, Organizations: Apple TV, Netflix, Farm, Foods, Costco, Aldi, Target, Nordstrom Locations: New York City, Toronto, Canada, Peacock, bodega
If your partner plans to keep drinking regularly, this could make it tricky to stick to your goals. A psychologist shares three ways to cut down on booze even if your partner doesn't want to. But that can be tricky if your partner doesn't want to, and booze has always been a big part of your social life. Talk to your partnerIf your partner doesn't like the fact you want to stop drinking, it might be because it's making them feel bad about their own drinking habits, Tang said. Plan aheadIf you're worried about your ability to resist a drink when you're out with your partner, planning ahead is crucial, Tang said.
Persons: , Audrey Tang, Tang, it's, you've Organizations: Service, British Psychological Society
In repelling disinformation, Chinese and domestic, Taiwan offers an example to other democracies holding elections this year. And when the election results came out, they thought something was up,” said Eve Chiu, the editor-in-chief of Taiwan’s FactCheck Center, a nonprofit journalism organization. Taiwan's FactCheck Center debunked multiple videos of alleged voter fraud, including another one in which voting officials make a human error caught on camera. Taiwan has been able to effectively respond to Chinese disinformation in part because of how seriously the threat is perceived there, according to Kenton Thibaut, a senior resident fellow and expert on Chinese disinformation at the Atlantic Council’s Digital Forensic Research Lab. Others like, Taiwan FactCheck Center, are careful to not take government money so as to preserve their independence, said Chiu.
Persons: miscounting, , , Eve Chiu, Ko Wen, Taiwan's FactCheck, Kenton Thibaut, Thibaut, Alexander Tah, Ray Yui, Yui, ” Yui, Charles Yeh, Chiu, Donald Trump, they’re, Jim Ludes, Ko, DoubleThink, GaChuDao, Wu, ___ Wu, Didi Tang Organizations: WASHINGTON, Taiwan’s, Taiwan People’s Party, Facebook, DoubleThink, Democratic Progressive Party, Taiwan can’t, Atlantic, Forensic Research, Associated Press, Taiwan FactCheck Center, Google, Media, , Pell Center for International Relations, Salve Regina University Locations: Taiwan’s, China, Taiwan, India, Mexico, Russia, America, Kenton, U.S, United States, Iran, Bangkok
Obtaining high status was likely as easy for men in the Tang Dynasty as for men in the modern US, a study suggests. It found that social mobility for men at the time could be compared to that of the 1960s in the US. AdvertisementMen in medieval China could gain high status in society as easily as male Baby Boomers in the US, according to a new study released on Thursday. Women, however, were unlikely to be part of the Chinese bureaucracy, and few would have taken the imperial exam, Hout said. But I wouldn't see a farmer's kid being able to pass the exam," Hout said.
Persons: , Michael Hout, Hout, Du Zhong Liang, Wu Zetian, It's, they're Organizations: Service, Boomers, National Academy of Sciences, New York University, Business, National Library of China Locations: China, Tang, Europe
"It's basically a speakeasy," Edmonds told Business Insider. The cozy speakeasy offers live music and good drinks for those who can guess the daily password. According to Yelp, the spot isn't known for its food, but customers can find delicious cocktails at various price points, including $12 daiquiris and $15 original Hanson's Shoe Repair cocktail. Fortunately, the venue shares its daily password on X, formerly known as Twitter. The bar offers daily themes like Wu-Tang Wednesdays and A Tribe Called Quest Thursdays.
Persons: , Kevin Edmonds, He's, Edmonds, Yelp, Wu, Tang, we've, Mama Ling Organizations: Service, Business, Orlando, Orlando Public, Twitter, Chamber, Orlando's Milk Locations: Orlando, Central Florida, Ohio, South Eola, Orlando's, Gouda
The other bill, from Sen. Bill Cassidy and Sen. Tammy Baldwin, would ban de minimis shipments from China. The provision is more likely to change — a prospect that both Shein and Temu have said they support. Jennifer Ortakales Dawkins/InsiderShipping consultancy ShipMatrix estimates that Shein and Temu each ship more than a million packages to the US daily. It added that almost 50% of all de minimis shipments to the US come from China. Related stories"Changes to the exemption could create a paradigm shift for retailers like Temu and Shein," Bank of America analysts wrote in the note.
Persons: minimis, Earl Blumenauer, Russia —, Bill Cassidy, Sen, Tammy Baldwin, Cassidy, Baldwin, Jay Sole, It's, Jennifer Ortakales Dawkins, Shein's, Temu, Shein, Donald Tang, SHEIN, de minimis, they've, Steve Story, Sole, Satish Jindel, ShipMatrix, Jindel Organizations: Business, Customs, Rep, Bank of America, US Chamber of Commerce, Express, UBS, Pinduoduo Holdings, Goods, Shipping, Chinese Communist Party, China . Shipping, Wired, Shein, American Apparel and Footwear Association, Apex Logistics International, Walmart Locations: Xinjiang, China, Russia, Sen, Singapore, Boston, minimis, United States, mstone@insider.com
I'm a chef trying to find the best jarred vodka sauce at the grocery store. AdvertisementI'm a chef and I love vodka sauce's luxurious blend of tomato, heavy cream, and, yes, vodka. First up, I tried vodka sauce from Bertolli, Full Circle, and Isola. AdvertisementFull Circle's vodka cream sauce was chunky, not smoothA little bit of water pooled at the bottom of my bowl as the sauce spread over the pasta. It was not a bad sauce, but it didn't have the qualities I think a vodka sauce should have.
Persons: I'm, , Holly Fann, Holly, I'd, Read Organizations: Service Locations: Isola, Prego
BEIJING (Reuters) - A former chairman of state-owned financial conglomerate China Everbright Group, Tang Shuangning, was arrested on suspicion of taking bribes and corruption, state media reported on Monday, citing China’s top prosecutor. Tang, 69, was expelled from China's Communist Party earlier this month for severe violations and disciplines, in an intensified campaign aimed at weeding out corrupt officials in the financial sector. Reuters was not immediately able to reach Tang for comment. Tang served as vice chairman of China's top banking regulator in 2003 before he was appointed as chairman of China Everbright Group in 2007. (Reporting by Ziyi Tang and Ryan Woo; Editing by Tom Hogue and Christian Schmollinger)
Persons: Tang Shuangning, Tang, People's Procuratorate, Ziyi Tang, Ryan Woo, Tom Hogue, Christian Schmollinger Organizations: China Everbright Group, China's Communist Party, Reuters Locations: BEIJING, China
Hong Kong CNN —Fan Yifei, a disgraced former Chinese central banker, has admitted making a “huge mistake” in comments aired as part of a documentary by state broadcaster CCTV that alleges he accepted massive bribes from the beginning of his tenure. It described how he had received “extraordinarily massive” payments from executives of various companies in exchange for favors after taking up the PBOC’s second-highest position. “I wanted to possess great power, and at the same time, to be rich,” Fan said in the documentary. “I made a huge mistake.”According to CCTV, Fan accepted payments from businesspeople through his brother’s investment company. In addition to Fan’s case, the CCTV documentary exposed graft at a state-owned energy investment group and at the highest levels of Chinese sport.
Persons: Fan, Xi Jinping, , Qian Long, Liu Liange, Wang Bin, Tang Shuangning, Tang, Wang Yongsheng, Wang, Li, China’s Organizations: Hong Kong CNN, People’s Bank of China’s, Central Commission, Xinhua, Communist Party, National Supervisory Commission, of China, China Life Insurance, China Everbright, China Development Bank, China Daily, soccer team, China’s Twitter Locations: China, Hong Kong, Xinhua, Weibo
Zhang Xiaopei, the former party secretary of Jilin, had people pay "huge sums" to rent a billboard. AdvertisementA top Communist Party official had for years used a digital billboard in the downtown area of the Chinese city of Jilin to channel illicit funds toward him, Chinese state media reported on Saturday. Zhang Xiaopei, Jilin's now-disgraced former party secretary, was expelled from the ruling party in June 2023 after anti-graft officials announced he had been taking bribes. As party secretary, Zhang held the top position in Jilin starting in 2011 before being assigned vice-chairman of the province's political advisory body in 2014. Related stories"Some companies didn't even have advertising needs, but they took the initiative to buy these ads, typically in an effort to obtain benefits from Party Secretary Zhang," Tang added.
Persons: Zhang Xiaopei, , Jilin's, Zhang, Zhang's, Tang, Xi Jinping's, Xi Organizations: China, Service, Communist Party, Business, Party, Central Commission Locations: Jilin, China
When John Woo was a child, living in the dangerous slums of Hong Kong, he had two sanctuaries: the church and the movie theater. Both provided respite from a world of poverty and intense violence. He’d use a flashlight to illuminate the glass and, shifting the light, project moving images onto the wall. That 1989 film, starring his frequent collaborator Chow Yun-fat, proved a major work that established both Woo’s style and our notion of modern action cinema. And yet, even as his so-called “bullet ballet” films went on to influence an array of popular culture makers, including the Wu-Tang Clan and Quentin Tarantino, Woo said he never particularly cared for action films.
Persons: John Woo, Woo, Oz ”, it’s, Chow Yun, Wu, Wu - Tang Clan, Quentin Tarantino Organizations: Wu - Locations: Hong Kong, Wu - Tang
Euro zone inflation sinks to 2.4%, below expectations
  + stars: | 2023-11-30 | by ( Jenni Reid | ) www.cnbc.com   time to read: +2 min
(Photo by Ying Tang/NurPhoto via Getty Images)Annual inflation in the euro zone cooled to 2.4% in November from 2.9% in October, flash figures showed Thursday. Inflation in the euro zone's largest economies, Germany and France, has dropped to 2.3% and 3.8%, respectively. ECB officials have repeatedly stressed that it is too early to declare victory over price rises in the 20-member euro zone bloc, as they monitor potential pressures from wage increases and energy markets. Separate data released by statistics agency Eurostat on Thursday showed that unemployment in the euro area remained at a record low of 6.5% in October, despite a contraction in the euro zone economy in the third quarter. "For the ECB, signs of an imminent victory on inflation are mounting," Bert Colijn, senior euro zone economist at ING, said in a note, adding that some of the impact from existing monetary tightening was yet to be felt.
Persons: Ying Tang, , Mathieu Savary, Bert Colijn Organizations: Aachen, Getty, Reuters, European Central Bank, Energy, ECB, BCA Research, Eurostat, ING Locations: Aachen, Germany, France, European
Local governments plan to use the proceeds of the latest bond sales to purchase equity or convertible bonds from smaller banks, most of them state-owned, effectively recapitalising them, according to the deal prospectuses. DEEPER IN DEBTThe intensified efforts to support smaller banks also come amid growing worries about the impact of ballooning local government debt on the economy. While policymakers are highly concerned over rising debt levels, Beijing has little option but to support smaller banks to contain spillover risks, analysts said. It was not immediately clear if the central authorities had given any guidance to the local governments on recapitalising smaller banks, and who were the buyers of these special-purpose bonds. "Local governments are a likely the first line of defense whenever regional banks become stressed," they said.
Persons: Kim Kyung, Gavekal, Zhang Xiaoxi, Pan Gongsheng, Ziyi Tang, Ryan Woo, Sumeet Chatterjee, Kim Coghill Organizations: People's Bank of China, REUTERS, Rights, China Electronic Local Government Bond, Authorities, National Financial Regulatory Administration, International Monetary Fund, Beijing, Thomson Locations: Beijing, Rights BEIJING, China, Henan, China's, Liaoning, Yunnan, Inner Mongolia
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