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China will cut carbon emissions at its own pace, Xi says
  + stars: | 2023-07-19 | by ( Nectar Gan | ) edition.cnn.com   time to read: +4 min
CNN —China will follow its own path to cut carbon emissions, leader Xi Jinping vowed Tuesday, as US climate envoy John Kerry called for faster action to confront the climate crisis in a high-profile visit to Beijing. Xi told a national conference on environmental protection that China’s commitment to its duel carbon goals – reaching a carbon peak by 2030 and carbon neutrality by 2060 – is “unwavering,” according to state news agency Xinhua. In the meeting with Li, Kerry stressed the “need for China to decarbonize the power sector, cut methane emissions, and reduce deforestation,” a spokesperson for the US State Department said in a statement. China and other fast developing nations have long argued that the world’s richest countries, especially those in the West, were able to become wealthy while churning out huge carbon emissions for decades. The US has said climate cooperation with China should be a standalone issue, separate from their disputes.
Persons: Xi Jinping, John Kerry, Xi, , , Kerry, Li Qiang, Wang Yi, Li, Nancy Pelosi’s, Wang, Han Zheng Organizations: CNN, Xinhua, China’s, US State Department, Taiwan –, Reuters Locations: China, Beijing, Washington, United States, Taiwan
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
A global pattern of heat waves that have scorched parts of Europe, Asia and the United States this week have thrown that challenge into sharp relief. The World Meteorological Organization warned on Tuesday of increased risk of deaths linked to excessively high temperatures. In South Korea, deluges of rain have pummelled central and southern regions since last week. In recent days, temperatures in Xinjiang and other parts of Asia, as well as Europe and the United States have shattered records. On Tuesday, Beijing logged its 27th day of temperatures of more than 35C, setting a new local record for the most number of high-temperature days in a year.
Persons: Aly, Kerry, John Kerry, Hawaii's Big, Storm Calvin, Yoon Suk Yeol, Han Duck, ” Han, Han Zheng, Han, Wang Yi, Premier Li Qiang, Xie Zhenhua, Ryan Woo, Valerie Vocovici, Hyonhee, John Geddie, Stephen Coates Organizations: heatwave, REUTERS, Hawaii U.S, World Meteorological Organization, National Weather Service, Meteorological, Premier, Thomson Locations: Shanghai, China, South Korea, Greece, Hawaii, Beijing, BEIJING, SEOUL, Athens, U.S, Europe, Asia, United States, Cheongju, North Gyeongsang, Seoul, China's, Xinjiang, Turpan, Taiwan, Dubai
[1/5] A worker sweeps a street in the Central Business District on a rainy day in Beijing, China, July 12, 2023. REUTERS/Thomas PeterBEIJING, July 18 (Reuters) - China is entering an era of much slower economic growth, raising a daunting prospect: it may never get rich. He expects growth to slow to 3%, which "will feel like an economic recession" when youth unemployment is already above 20%. The April-June data puts 2023 growth on track for roughly 5%, with slower rates thereafter. But China's annual growth averaged around 7% last decade, and more than 10% in the 2000s.
Persons: Thomas Peter BEIJING, Desmond Lachman, year's, Wang Jun, Zheng Shanjie, Zheng, Richard Koo, Juan Orts, Xi Jinping's, Zhao, Cai Fang, Zhu Ning, Koo, Liangping Gao, Ellen Zhang, Ziyi Tang, Kevin Yao, Joe Cash, Marius Zaharia, David Crawshaw Organizations: Central Business District, REUTERS, American Enterprise Institute, Reuters, Communist, Huatai Asset Management, Reform Commission, Overseas, Nomura Research Institute, Fathom Consulting, Shanghai Advanced Institute of Finance, Thomson Locations: Beijing, China, Japan, United States, Young, Africa, Latin, U.S, Central
Chicago's Bronzeville neighborhood has a microgrid, which can operate independently if necessary. A microgrid, a smaller version of the city's electrical power grid, went live last year in the iconic South Side neighborhood of Bronzeville. It's this kind of energy reform, said William Davis, the executive director of the Bronzeville Community Development Partnership, that should "start in the hardest-hit areas." Solar panels on several neighborhood buildings are also contributing power to the microgrid, integrating the zero-carbon energy into Chicago's grid system. Together, the microgrid and energy initiatives represent progress in a community that might have otherwise been overlooked, Davis said.
Persons: Bronzeville, Jesse Owens, Louis Armstrong, Joe Biden, William Davis, Zheng, it's, Yami Newell, It's, Davis Organizations: Service, Congress, Heritage Area, Development Partnership, Illinois Institute of Technology, Black Metropolis Deemed, Department of Energy Locations: Chicago's Bronzeville, Bronzeville, New York, New Jersey, Texas
If Russia's arms exports falter because of the war in Ukraine, China's appeal may only grow. Despite the drawbacks, Chinese arms exports may get a boost from the war in Ukraine. Mazhar ABID/Gamma-Rapho via Getty ImagesQuality concerns could be one reason for a pre-Ukraine decline in Chinese arms sales. On the other hand, SIPRI also found that German and British arms sales declined 35% and Israeli sales fell 15% during the same period. "As Russia's weapons availability may change as the war continues, China is prepared for when that time arrives."
Persons: Cindy Zheng, AAMIR QURESHI, Zheng, , Mazhar ABID, SIPRI, NOEL CELIS Organizations: Service, RAND Corporation, Kamra, Getty, Nigerian Air Force, Pakistan —, Stockholm International Peace Research Institute, Germany's Puma, Getty Images Arms Locations: China, Beijing, Ukraine, Wall, Silicon, Islamabad, Africa, South Asia, Nigeria, Soviet, Myanmar, Bangladesh, Pakistan, Aslat, Karachi, Stockholm, Russia, AFP, Venezuela, Iran
BEIJING, July 11 (Reuters) - Xia Baolong is the head of China's recently created Central Office for Hong Kong and Macau Affairs, according to an official statement that showed him as chair of a meeting in that capacity on Tuesday. Separately, Zhou Ji, Zheng Yanxiong, Zheng Xincong were named as deputy directors of the state council's Hong Kong and Macau Affairs office, state media Xinhua reported. The Beijing-based Central Office for Hong Kong and Macau Affairs - created earlier this year as part of broad institutional reforms - reports directly to the ruling Communist Party and not to the State Council, or cabinet. The top office was formed based on the long-existing Hong Kong and Macau Affairs Office under the State Council. Reporting by Ryan Woo; Editing by Muralikumar Anantharaman and Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
Persons: Baolong, Zhou Ji, Zheng Yanxiong, Zheng Xincong, Ryan Woo, Muralikumar Anantharaman, Ed Osmond Organizations: Macau Affairs, Xinhua, Office, Communist Party, State Council, Macau Affairs Office, Thomson Locations: BEIJING, Hong Kong, Macau, Beijing
However, it was 24-year-old Vondrousova who secured the crucial break at 4-4 when a baseline rally ended with Pegula sending a backhand long. The twists and turns kept coming, though, as Pegula began finding her range in the second set. In the decider, momentum looked to be staying with the 29-year-old Pegula as she saved three break points in the first three games and then broke Vondrousova by forcing her long. I just wanted to stay as long as I could and fought until the end and I'm just so happy. For Pegula, it was another quarter-final heartbreak, having never gone beyond the last eight at a Grand Slam.
Persons: Marketa Vondrousova, Jessica Pegula, Hannah Mckay LONDON, Ukraine's Elina Svitolina, Pegula, Vondrousova, Vondrousva, Zheng Jie, Barbora, Christian Radnedge, Ken Ferris Organizations: Lawn Tennis, Croquet Club, U.S, REUTERS, Wimbledon, Thomson Locations: London, Britain, Czech, Poland
WTA roundup: Jessica Pegula, Coco Gauff cruise in England
  + stars: | 2023-06-27 | by ( ) www.reuters.com   time to read: +2 min
Pegula posted a 6-3, 6-4 victory over 24th-ranked Qinwen Zheng of China in 1 hour, 38 minutes, while Gauff fired six aces en route to a 6-3, 6-2 win over Bernarda Pera in 61 minutes. Also on Tuesday, Frenchwoman Caroline Garcia secured a 6-1, 7-5 win over Madison Brengle and fourth-seeded Ons Jabeur of Tunisia captured a 6-3, 6-2 victory over Italian Jasmine Paolini. Samsonova recorded 18 aces to secure a 6-4, 7-6 (4), 6-3 win over the 18-year-old Noskova. Spain's Rebeka Masarova registered seven aces en route to a comprehensive 6-3, 6-2 victory over the Canadian, a former U.S. Open champion and the runner-up at this tournament last year. Also on Tuesday, eighth-seeded Varvara Gracheva notched a 6-2, 7-5 win over Italian Sara Errani.
Persons: Coco Gauff, Bernarda Pera, Paul Childs, Jessica Pegula, Pegula, Zheng, Gauff, Camila Osorio, Jodie Burrage, Frenchwoman Caroline Garcia, Madison Brengle, Jasmine Paolini ., Beatriz Haddad Maia, Marie Bouzkova, Samsonova, Linda Noskova, Bianca Andreescu, Spain's Rebeka Masarova, Varvara Gracheva, Sara Errani Organizations: Eastbourne International, Lawn Tennis Club, Bernarda, U.S, Rothesay International, Bernarda Pera, Wednesday, Colombian, Madison, Thomson Locations: Eastbourne, Britain, Rothesay, England, China, Great Britain, Tunisia, Czech Republic, Bad Homburg, U.S
The Chinese planner said it supports domestic airlines cooperating with Airbus according to their needs. He also witnessed the signing of the agreements between the NDRC and the European companies separately in Berlin and Paris, according to the Chinese planner. Relations are also strained from recent moves by European Union regulators and governments to limit China’s access to sensitive technology. In March, the European Commission president Ursula von der Leyen called on Europe to reassess its diplomatic and economic relations with China. “Germany is committed to actively broadening our economic relations with Asia and beyond,” Scholz said at a joint press conference with Li, according to French news agency AFP.
Persons: Guillaume Faury, Zheng Shanjie, Li Qiang, Li, Ursula von der Leyen, Olaf Scholz, ” Scholz, China’s Sinochem Organizations: Hong Kong CNN, Moscow, Airbus, BMW, Mercedes, Benz, Volkswagen, Siemens, BASF, National Development, Reform Commission, Union, ASML, European, AFP Locations: Hong Kong, China, Ukraine, Paris, Tianjin, Europe, European, Berlin, Beijing, Russia, United States, Netherlands, Germany, Asia, Italy
Inside China's spy war on American corporations
  + stars: | 2023-06-21 | by ( Eamon Javers | ) www.cnbc.com   time to read: +6 min
Top intelligence and law enforcement officials in Washington are issuing a stark warning to American companies: The Chinese government wants to replace you. Asked whether the Chinese government wants to compete with or eliminate American companies, FBI Director Christopher Wray told CNBC: "Well, their definition of competing, I think, involves embracing the idea of eliminating." The paid-in foreign investment reached 127.69 billion yuan, up 14.5% year on year. Foreign companies including US investors have been upbeat about the China market and plan to expand in China. Former GE engineer David Zheng and GE Aerospace also declined to comment.
Persons: Christopher Wray, Sen, Marco Rubio, Rubio, Mark Warner, , Warner, Xu Yanjun, Xu, James Olson, Xu Yanjun's, David Zheng, – CNBC's Katherine Liu, Bria Cousins, Laura Measher, Wally Griffith Organizations: CNBC, American, Democrat, World Trade, Ministry of State Security, GE, Boeing, Honeywell, GE Aviation, FBI, CIA, American Chamber of Commerce, Business Environment, US Department of Commerce, GE Aerospace Locations: Washington, America, U.S, China, Nanjing, Cincinnati, South China, reinvest
The case was the first of several involving alleged Fox Hunt schemes to reach trial in the United States. Jurors also convicted McMahon on a stalking charge, but found him not guilty of conspiring to act as a foreign agent. THREATENING NOTE ON TARGET'S DOORCo-defendant Zhu Yong, who hired McMahon in 2016 for the job, was convicted on all charges. A third defendant, Zheng Congying was convicted of stalking but found not guilty of acting as a Chinese agent. Reporting by Luc Cohen in New York; Editing by Matthew Lewis and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.
Persons: Michael McMahon, Xu Jin, Fox Hunt, Attorney Breon, McMahon, Lawrence Lustberg, Prosecutors, Meredith Arfa, Zhu Yong, Kevin Tung, Zheng Congying, Zheng, Renee Wong, Xu, Luc Cohen, Matthew Lewis, Bill Berkrot Organizations: YORK, New York City, U.S, Attorney, FBI, Chinese Communist Party, Thomson Locations: New York, U.S, Brooklyn, surveil New Jersey, China, United States, Washington, Paramus , New Jersey, Wuhan
The elder Mr. Xu’s daughter had already been jailed because of his son’s refusal to return home, jurors were told. She had already received several threats related to Mr. Xu and knew that the Chinese government was trying to find him, she said. To thwart them, she arranged a meeting the next day at a nearby mall, rather than at Mr. Xu’s home. Mr. Zheng even drove back to try and take the note down, Mr. Goldberger said. But he was too late: Mr. Xu testified that he had already done so, following instructions from the F.B.I.
Persons: Xu’s, Xu, Zheng, Zheng’s, Paul Goldberger, , Goldberger Locations: New Jersey, China, Short Hills, N.J, Warren , N.J
The world’s most eco-conscious airlines
  + stars: | 2023-06-16 | by ( Elissa Garay | ) edition.cnn.com   time to read: +12 min
CNN —Most sustainability experts will scoff at the idea of “sustainable” and “airlines” in the same sentence. In 2022, an Airbus wide-body Beluga XL transport aircraft was filled with Sustainable Aviation Fuel" (SAF) for the first time. WiderøeNorway-based Widerøe, the largest regional airline in Scandinavia, says it is on track to become one of the world’s first fully emissions-free airlines. Alaska AirlinesAlaska Airlines has invested heavily in Sustainable Aviation Fuels (SAF). AaronP/Bauer-Griffin/GC Images/Getty ImagesWhile most major global airlines are targeting 2050 for net-zero carbon emissions, Alaska Airlines intends to meet that target as soon as 2040.
Persons: , Pedro Piris, Sola Zheng, Sina Schuldt, Nicolas Jammes, ” Akbar Al Baker, , Zheng, , that’s, it’s, Beata Zawrzel, Fabrizio Gandolfo, Nicolas Economou, Bauer, Griffin, It’s Organizations: CNN, Environmental Defense Fund, International Council, Clean Transportation, Commercial, International Air Transport Association, UN, Airbus, Beluga XL, Sustainable Aviation, Qatar Airways, SAF, European Union, Google, Environmental Defense, Airlines, United Airlines United, Aerospace, United, Flight Fund, Widerøe Norway, Widerøe, Royce, SAS SAS, Scandinavian, SAS, Wizz, Wizz Air, Etihad Airways Etihad, Getty, Etihad Airways, United Arab Emirates, Boeing, Etihad, Alaska Airlines Alaska Airlines, Aviation Fuels, AaronP, Alaska Airlines, Air Canada Canadian, Air Canada Locations: Europe, Denmark, Sweden, ICCT, Scandinavia, Norway, Canada
The people pursuing them at first targeted Ms. Liu’s sister in Short Hills, N.J., because they did not know Mr. Xu’s address. Mr. McMahon enlisted other investigators to help him with the job, while exchanging messages with people from the “company” that hired him. In 2017, Chinese officials forced Mr. Xu’s 82-year-old father to fly in from China in a bid to learn where Mr. Xu lived and to persuade him to return to the country, prosecutors said. The officials enlisted Mr. McMahon to do surveillance during that trip in an effort to learn where Mr. Xu was living. The following year, Mr. Zheng was one of two people who left a threatening note on the front door of Mr. Xu’s home.
Persons: Arfa, , Fox Hunt, Xu, Liu’s, Zhu, McMahon, Mr, Xu’s, Zheng Organizations: Fox, Prosecutors Locations: United States, New Jersey, Short Hills, N.J, China
Why do businesses keep raising their prices?
  + stars: | 2023-06-09 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +4 min
Los Angeles CNN —After two years of surging prices, economists still can’t agree on what has caused the world’s worst inflation crisis in decades. The survey of 700 businesses across New York, Atlanta and Cleveland found that strength of customer demand outranked all other factors that companies weigh when setting prices, including steady profit margins and overall inflation. More than 82% of businesses surveyed said demand factored into their pricing decisions, while only 52% of businesses said they take the overall rate of inflation into account when setting prices. Are customers too willing to pay higher prices? Murphy said the restaurant has since raised prices more than once to keep up with inflation.
Persons: , John Zheng, , Zheng, Mr, Mac’s, Mark Murphy, Murphy, ” Murphy, Emily Netti, “ I’ve Organizations: Los Angeles CNN —, New York Federal Reserve, Wharton School, University of Pennsylvania, CNN, Colgate, Procter, Gamble, PepsiCo, Federal Reserve, New York Fed Locations: Ukraine, New, New York, Atlanta, Cleveland, Manchester , New Hampshire, Syracuse , New York, Syracuse
CNN —South Korean soccer star Son Jun-ho has been arrested in China for allegedly accepting bribes as Beijing clamps down on alleged corruption in the upper ranks of Chinese football. A South Korean Foreign Ministry spokesperson said Tuesday the ministry was aware of Son’s situation and that local Korean diplomatic missions were providing consular assistance. Wang said China would provide South Korean officials with the “necessary facilitation” to perform their consular duties. The Korea Football Association (KFA) said it had written to the Chinese Football Association and the Asian Football Confederation regarding the player on Tuesday but had not yet heard back. Vice President Kim Jeong-bae was checking on Son’s condition with the South Korean Foreign and Sports Ministries, a KFA official told CNN.
Alcaraz stunned by Hungarian qualifier Marozsan in Rome
  + stars: | 2023-05-15 | by ( ) www.reuters.com   time to read: +3 min
Alcaraz raced to a 4-1 lead but Marozsan hit back in superb style to reel off six points and hand the world number two only his second defeat on clay in 22 matches this season. "It's not easy to say something," Marozsan said immediately after the biggest win of his career. World number three Daniil Medvedev earned a hard-fought 3-6 6-1 6-3 win over Spain's Bernabe Zapata Miralles to reach the last 16 in Rome for the first time. In the women's draw, Elena Rybakina saw off Marketa Vondrousova 6-3 6-3 to reach her first claycourt WTA 1000 quarter-final, where she will face either top-ranked Iga Swiatek, the twice defending champion, or Croatia's Donna Vekic. Tsitsipas had taken the first set 6-3 against Sonego while Zverev leads 6-4 3-3 against Wolf.
Fancied Alcaraz stunned by Hungarian qualifier Marozsan in Rome
  + stars: | 2023-05-15 | by ( ) www.reuters.com   time to read: +2 min
ROME, May 15 (Reuters) - Carlos Alcaraz crashed to a humbling 6-3 7-6(4) defeat by Hungarian qualifier Fabian Marozsan in the third round of the Italian Open on Monday as his quest for a third straight title on clay before the French Open ended in disappointment. The 20-year-old had come into the tournament on the back of triumphs in Barcelona and Madrid and will replace Novak Djokovic as the world number one for top billing at Roland Garros which begins later this month. Alcaraz raced to a 4-1 lead but Marozsan hit back in superb style to reel off six points and hand the world number two only his second defeat on clay in 22 matches this season. "It's not easy to say something," Marozsan said immediately after the biggest win of his career. It was the first defeat for Alcaraz to a player ranked outside the world's top 100 since the 2021 Paris Masters when he fell to Hugo Gaston.
Zhu Zheng/Xinhua/Getty ImagesSo many tourists flocked into Zibo, now dubbed China’s outdoor barbecue capital, that even the local tourism authorities urged visitors to go elsewhere. A few may, but most won’t.”A shop owner shows off grilled meat during a barbecue festival on April 29, 2023 in Zibo, eastern China. The city Zibo became a tourism hot spot after videos of its barbecue went viral online. China’s economy is navigating a growing array of challenges. The informal trade might reduce unemployment temporarily, and give people feeling poorer a boost, but it “won’t save China’s economy,” Tsang said.
Yaccarino was also involved with the World Economic Forum — an event Musk has been critical of in the past. Andrew Kelly/Reuters / Zheng Huansong/Xinhua via Getty ImagesYaccarino's LinkedIn profile says she has been the executive chair on WEF's taskforce on the future of work since 2019. Earlier this year, Musk took at dig at the event in Davos and called it "boring af." At the time, he said he was invited to the event but chose to skip it. "WEF is increasingly becoming an unelected world government that the people never asked for and don't want," Musk tweeted in January.
In my freshman class alone, there was a Connie Zheng, a Connie Guo, a Connie Xu, a few Connie Chengs, and multiple Connie Wangs. That ayi was Constance Yu-Hwa Chung, or, as the world knows her, Connie Chung. Connie Chung hosting the “CBS Evening News” in 1991, the year after the author named herself Connie. Connie Wang Connie Koh Connie Yang Connie Tang Connie Jang Connie Chung Connie Moy Connie Huang Connie Kwok Connie Chang Connie Sun Connie Chung, center, surrounded by 10 members of Generation Connie. Clockwise from top right, Connie Yang, Connie Tang, Connie Moy, Connie Sun, Connie Chang, Connie Kwok, Connie Huang, Connie Jang, Connie Wang and Connie Koh.
SHANGHAI, May 9 (Reuters) - The American Chamber of Commerce in Shanghai said on Tuesday it was concerned about reports of investigations into U.S. due diligence and consulting firms in China and urged authorities to provide more guidance for the sector. "We are concerned by recent reports about investigations of US companies in China that specialize in due diligence or consulting," said Eric Zheng, president of the American Chamber of Commerce in Shanghai"It would be helpful if the authorities would more clearly delineate the areas in which companies can or cannot conduct such due diligence." Reporting by Brenda Goh in Shanghai; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
Hong Kong CNN —China’s state security authorities raided multiple offices of international advisory firm Capvision, state media reported Monday, part of a broader crackdown on the consulting industry as Beijing tightens control over what it considers sensitive information related to national security. The consultancy firm, which is headquartered in Shanghai and New York, adds to a growing list of global consulting companies that have been ensnared in Beijing’s widening crackdown on what it perceives as national security risks. In the report, Capvision was singled out as a “leading company” in the industry. According to state security police, he downloaded 5,000 documents from his state-owned company’s internal network. The authorities said he had provided clients with six pieces of information that were classified as state secrets, CCTV said.
Capvision said in a statement soon after the broadcast that it would resolutely abide by national security rules. The CCTV report was the first clear indication of the national security scope of recent police action against several consulting firms. "The state security organ and other authorities will intensify law enforcement against activities that endanger national security, such as illegal consulting," the state-owned Global Times said. The revisions will see all documents, data, materials and items "related to national security and interests" given the same protection as state secrets. The law does not define China's national security or interests.
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