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☆ Morocco Quake Death Toll Tops 2,900 as Survival Hopes Dwindle
▼ + stars: | 2023-09-12 | by ( Chao Deng | Photographs Myriam Meloni For The Wall Street Journal | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: morocco

☆ Morocco Quake Death Toll Nears 2,900 as Survival Hopes Dwindle
▼ + stars: | 2023-09-12 | by ( Chao Deng | Photographs Myriam Meloni For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Persons: Dow Jones Locations: morocco

Persons: Dow Jones Locations: morocco

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/earthquake-hit-moroccans-grow-desperate-as-aid-faces-hurdles-12d6279f

Persons: Dow Jones

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/africa/morocco-earthquake-rescue-efforts-intensify-as-death-toll-passes-2-000-ebb20299

Persons: Dow Jones Locations: africa, morocco

CNN —The Philippines has accused Chinese vessels of carrying out “dangerous maneuvers” in a disputed area of the South China Sea in the latest maritime flare-up between the two neighbors. It claimed the Chinese boats “jeopardized” the safety of the crew members aboard the Philippine vessels, but did not detail how. It claimed the incident had involved four Chinese coast guard vessels and four Chinese “maritime militia” boats. Western marine security experts believe Beijing controls a maritime militia hundreds of vessels strong that acts as an unofficial – and officially deniable – force to push its territorial claims both in the South China Sea and beyond. In response to the latest confrontation, the Chinese coast guard issued a statement on Friday, accusing the Philippines of unauthorized entry into the area.

Persons: Thomas, “, Thomas Shoal, Ferdinand Marcos Jr Organizations: CNN, BRP, BRP Sierra Madre, Court Locations: Philippines, South, Philippine, Ayungin, China, Spratly, Beijing, Thomas Shoal . China, Malaysia, Brunei, Taiwan, Manila, BRP Sierra, China’s Nansha, Hague, South China

Like his predecessors, Xi wields power through his control of the Communist Party, the military and the government. One-Man Party Xi overturned term limits, erased factions and installed loyalists to establish sweeping control of the Communist Party. When Xi first took power in 2012, few in the Politburo Standing Committee, the most powerful group in China, had close ties with him. Party leaders often set broad policy, and government ministries and agencies refined and implemented their goals, sending feedback to the leaders. You Are Being Watched The world’s biggest and most pervasive surveillance system ensures that nobody can easily challenge the power Xi has amassed.

Persons: Xi, Mao, Deng, –, Deng Xiaoping, Alibaba, Jack Ma Organizations: Communist Party, Man, Companies Locations: China

☆ Opinion | Why Is China in So Much Trouble?
▼ + stars: | 2023-08-31 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

The narrative about China has changed with stunning speed, from unstoppable juggernaut to pitiful, helpless giant. My sense is that much writing about China puts too much weight on recent events and policy. For three decades, after Deng Xiaoping took power in 1978 and introduced market-based reforms, China experienced an enormous surge, with real gross domestic product increasing more than sevenfold. This surge was, to be fair, only possible because China started out technologically backward and could rapidly increase productivity by adopting technologies already developed abroad. Since the late 2000s, however, China seems to have lost a lot of its dynamism.

Persons: Xi Jinping, Deng Xiaoping Organizations: Monetary Fund Locations: China

☆ Billionaire investor Ray Dalio says India's moon landing demonstrates its economic 'ascendance'
▼ + stars: | 2023-08-25 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

Ray Dalio heralded India's economic potential following its moon landing on Wednesday. The Chandrayaan-3 landing was "one of many straws in the wind showing its ascendance," he said. "India's successful lunar mission ... is another one of many straws in the wind showing its ascendance," Dalio said in a post on X. The landing meant India became the first country to reach what is thought to be the most water-rich region on the moon – beating Russia, China, and the US. Dalio has hailed India as the next big global investing opportunity previously amid worsening relations between Washington and Beijing.

Persons: Ray Dalio, Dalio, Deng Xiaoping, Narendra Modi, Elon Musk, Goldman Sachs Organizations: Service, Bridgewater Associates, Indian, Elon Locations: Bridgewater, India, Wall, Silicon, China, Russia, Washington, Beijing

☆ Biden resists pressure from lawmakers and seeks short extension to key China science pact
▼ + stars: | 2023-08-24 | by ( Jennifer Jett | Abigail Williams | ) www.cnbc.com time to read: +4 min

The Biden administration is seeking a short-term extension to a landmark science and technology agreement with China despite pressure from some U.S. lawmakers who say Beijing could exploit it to gain a security and military advantage. A six-month extension to the Science and Technology Agreement, or STA, will keep the pact in force as the U.S. seeks "authority to undertake negotiations to amend and strengthen the terms," a State Department spokesperson told NBC News on Wednesday. "If it were to go away, not only would it impede government-to-government cooperation, but it would also put other science cooperation at risk," said Seligsohn, a former environment, science, technology and health counselor at the U.S. Embassy in Beijing. China also considers it the enabling document for all other science cooperation with the U.S., including with academic and research institutions. The State Department spokesperson said it was aware of the issues involved with working with China in the are of science and technology.

Persons: Biden, Jimmy Carter, Deng Xiaoping, Deborah Seligsohn, Antony Blinken, Elise Stefanik, Mike Gallagher of, Blinken, Sen, Rick Scott, Donald Trump Organizations: Central South University, Science, Technology, State Department, NBC News, U.S, Villanova University, Embassy, House Republican Conference Locations: China, Central, Changsha city, Hunan province, Beijing, U.S, New York, Mike Gallagher of Wisconsin, United States

☆ How South Sudan Built a World Cup Team From Scratch
▼ + stars: | 2023-08-23 | by ( Robert O Connell | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/basketball/south-sudan-world-cup-luol-deng-3060e830

Persons: Dow Jones Locations: sudan

☆ Rupert Murdoch, 92, is dating again after breaking off his engagement to Ann Lesley Smith 4 months ago
▼ + stars: | 2023-08-17 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Media mogul Rupert Murdoch, 92, has a new girlfriend, Elena Zhukova. Murdoch met Zhukova at a family gathering hosted by one of his ex-wives, per The Guardian. Zhukova is a retired biologist and was previously married to Russian billionaire, Alexander Zhukov. Fox Corp. Chairman Rupert Murdoch is back on the dating scene again, four months after he called off an engagement with another woman. Earlier this year, Murdoch had announced plans to wed Ann Lesley Smith, a former conservative radio host.

Persons: Rupert Murdoch, Elena Zhukova, Murdoch, Zhukova, Alexander Zhukov, Wendi Deng, Ann Lesley Smith, Cindy Adams Organizations: Guardian, Fox Corp, Daily Mail, New York Locations: Russian

☆ The life of Rupert Murdoch's new girlfriend Elena Zhukova — a scientist who used to be mother-in-law to oligarch Roman Abramovich
▼ + stars: | 2023-08-17 | by ( Tom Porter | Marianne Guenot | ) www.businessinsider.com time to read: +3 min

She is the mother of Dasha Zhukova, the ex-wife of the oligarch Roman Abramovich. The pair had a daughter, Dasha Zhukhova. Per the Financial Times, Zhukova left the Soviet Union in 1990, when she was in her thirties. Elena also has twins, a boy and a girl, from another relationship, according to a Guardian profile of Dasha Zhukhova. Murdoch has been married five times, divorcing Jerry Hall, ex wife of Rolling Stones frontman Mick Jagger, in 2022.

Persons: Rupert Murdoch, Elena Zhukova, Dasha Zhukova, Roman Abramovich, Ann Leslie Smith, Murdoch, Zhukova, Wendi Deng, Alexander Zhukhov, Dasha Zhukhova, Alexander, Elena, Abramovich, Dasha, Stavros Niarchos II, Stavros Niarchos, Deng, Jerry Hall, Mick Jagger Organizations: Daily Mail, Guardian, British, Yorker, Soviet, Financial Times, Baylor College of Medicine, University of California, Chelsea FC, The New Locations: Russian, Moscow, Soviet Union, Houston, Los Angeles, New York City

Xinhua/Shutterstock‘Absolutely safe’As heavy rains moved toward the region in late July, China’s top flood control officials met to hash out their response plan. The flood was caused by flood water discharge, not by heavy rainfall.”CNN has reached out to the Zhuozhou and Bazhou governments for comment. Rescuers use rubber boats to transfer Zhuozhou residents trapped by flood waters after days of downpours brought by Typhoon Doksuri on August 2. In the recent rains, at least three upstream reservoirs released flood waters into rivers flowing into Baiyingdian from the west and the south, according to state media. Many countries have systems that involve discharging pent up flood waters into otherwise dry land after major storms.

Persons: Xi Jinping, Xi’s, ”, It’s, Xiong’an, Jade Gao, Ni Yuefeng, downpours, Typhoon Doksuri, Zhai Jujia, Li Guoying, Hongzhang Xu, Xiao, Li Na, Zhu Xudong, it’s, Xiong’an –, Xu, Baiyangdian Lake, Kevin Frayer, “, Meili Feng, Simon Song, Deng Xiaoping, Jiang Zemin, Xu Kuangdi, Yi Haifei, Andrew Stokols Organizations: CNN, Xinhua, Getty, Censors, China News Service, China’s, Water, Australian National University, Authorities, China’s Ministry of Water Resources, Hebei Provincial Department of Water Resources, Geographical Sciences, University of Nottingham, Shanghai’s Pudong New, Chinese Academy of Sciences, Urban Computing Center Locations: Beijing, China, Hebei, Xiong’an’s, Xiong'an, Zhuozhou, AFP, Bazhou, Xiong’an, Tianjin, ”, Xinhua, Baiyingdian, Baiyangdian, Mississippi, University of Nottingham Ningbo, “, Hebei province, Shenzhen, Shanghai’s Pudong, Shanghai

☆ Brutal Summer Heat Tests Ability of Energy Exporters to Keep Their Citizens Cool
▼ + stars: | 2023-08-15 | by ( Chao Deng | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/brutal-summer-heat-tests-ability-of-energy-exporters-to-keep-their-citizens-cool-6cc07445

Persons: Dow Jones

A gentle downtrend in foreign direct investment gave way to a steep drop last quarter and inflows to China slammed to their lowest since records began 25 years ago, raising the prospect that the long-term trend is turning. Sources have told Reuters the Biden administration is likely to adopt new outbound investment restrictions on China in the coming weeks. Japan, the U.S. and Europe have already restricted the sale of high-tech chipmaking tools to Chinese companies while China has hit back by throttling exports of raw materials. To be sure, investment flows often fluctuate and many firms aren't leaving China completely or aren't leaving at all. "A lot of our clients are worried about their exposure to China as a sole country of supply."

Persons: Carlos Barria, Deng Xiaoping, Logan Wright, Biden, John Ramig, Buchalter, Daniel Seeff, Cardigan, Chi Lo, Lee Smith, Baker Donelson, Samuel Shen, Tom Westbrook, Winni Zhou, Jacqueline Wong Organizations: REUTERS, Corporate, China Markets, China's, Administration of Foreign Exchange, Investors, Reuters, Oxford Economics, Ministry of Commerce, Management, Thomson Locations: Pudong, Shanghai, SHANGHAI, SYDNEY, China, Japan, U.S, Europe, Haining, Peru, Hong Kong, Baker, Singapore

☆ The Art of Telling Forbidden Stories in China
▼ + stars: | 2023-08-03 | by ( Han Zhang | ) www.nytimes.com time to read: +5 min

Browsing one of the literature bulletin boards, he came across a serialized novel titled “My Beijing,” published under the pseudonym Drunken Fish. Hao’s depiction of Chengdu’s seedy underbelly became a sensation on forums like Tianya, one of the period’s largest blogging platforms. Once, a colleague recommended the novel to Hao without knowing that he was Murong Xuecun. “From the get-go, he has been completely obsessed with how people are corrupted by the environment in which they live,” says Megan Walsh, author of “The Subplot,” a book about contemporary Chinese literature. Later, at a propaganda meeting, the deputy party secretary of Chengdu criticized Hao’s fiction for damaging the city’s image.

Persons: Hao, ”, Fish, Murong Xuecun, Wei Da, Wei, Megan Walsh, Li Boqing, Li, Ran Yunfei, ” Ran Organizations: Authorities, Writers ’ Association, International New York Times Locations: Beijing, H.R, Shenzhen, Chengdu, China, North Africa, Weibo

☆ The one thing Elon Musk, Ray Dalio, Apple and Goldman Sachs agree on: India
▼ + stars: | 2023-07-30 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +5 min

The nation's booming tech scene, buoyant stock market, and youthful population are just some of the factors going for it. Billionaire investor Ray Dalio has said the country is ready for rapid growth, while Elon Musk has highlighted the prospect of Tesla building a factory there. Apple CEO Tim Cook has also voiced his optimism toward India, while Goldman Sachs predicts the South Asian economy to surpass the US in size by 2075. Goldman Sachs expects the South Asian nation's GDP to surge to $52.5 trillion by then, from $3.4 trillion at the end of 2022. His sanguineness toward India has seen Apple open its first two stores in the country earlier this year.

Persons: Ray Dalio, Elon Musk, Tim Cook, Goldman Sachs, Here's, Tesla, Musk, Narendra Modi, Modi, Dalio, Deng Xiaoping, Mark Mobius, Mobius, —, He's Organizations: Service, Billionaire, Apple, Wall, Elon, Twitter, Reuters, Bridgewater Associates, Bloomberg, Big Tech Locations: India, Wall, Silicon, China, Washington, Beijing

☆ Xi Jinping’s foreign minister ousted after month-long unexplained absence from public view
▼ + stars: | 2023-07-25 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China’s foreign minister Qin Gang was dramatically ousted on Tuesday after a prolonged absence from public view and replaced by his predecessor in a surprising and highly unusual shake-up of the country’s foreign policy leadership. Qin, 57, a career diplomat and trusted aide of Chinese leader Xi Jinping, had only been appointed foreign minister in December after serving as China’s ambassador to Washington. Wang, who was foreign minister from 2013 to 2022, now serves as director of the foreign affairs arm of the ruling Communist Party, a position which makes him China’s top diplomat. The appointment of a foreign minister through a vote during a China’s National People’s Congress Standing Committee meeting is a deviation from past precedents. Qin’s disappearance from China’s foreign affairs schedule has not been fully explained by the ministry, which briefly cited “health reasons” when he missed a diplomatic gathering earlier this month.

Persons: Hong Kong CNN —, Qin Gang, Qin, Xi Jinping, Wang Yi, Wang, Andrey Rudenko, Wagner, Xi, ”, Deng Yuwen, Deng, they’ve Organizations: Hong Kong CNN, Communist Party, Russian, Association of Southeast Asian Nations, ASEAN, Xi, CNN, Senior Locations: Hong Kong, Washington, China, Beijing, Sri Lanka, Vietnam, Russia, Indonesia, South Africa, Johannesburg

☆ Taiwan-US trade: Deal is key to countering diplomatic isolation, Taipei's top trade negotiator says
▼ + stars: | 2023-07-24 | by ( Eric Cheung | ) edition.cnn.com time to read: +5 min

Taipei CNN —The signing of a trade pact between Taiwan and the United States will play a key role in helping the island counter its diplomatic isolation from China, according to Taiwan’s top trade negotiator. Taipei has described the initiative as the most comprehensive trade agreement between the United States and Taiwan since Washington switched diplomatic recognition to Beijing in 1979. But Chinese pressure is not the only hurdle facing Taiwan’s trade negotiators like Deng, as trade deals could also become a politically sensitive issue on the island itself. In 2014, a controversial service trade agreement between Taipei and Beijing — which was passed by the then ruling Kuomintang — resulted in mass student protests, known as the Sunflower Movement. They opposed it because it would allow meat products containing ractopamine, an animal feed additive common in the United States.

Persons: John Deng, ”, ” John Deng, John Mees, Deng, Mao Ning, Kuomintang —, —, Will Ripley Organizations: Taipei CNN, CNN, Taiwan Affairs Office, Trans, Pacific, Sunflower Movement, Student Locations: Taipei, Taiwan, United States, China, Washington, Beijing, Britain, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, Vietnam, Kuomintang

[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

☆ Xi Jinping's foreign minister vanished from public view. His prolonged absence is driving intense speculation
▼ + stars: | 2023-07-17 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China’s Foreign Minister Qin Gang has not been seen in public for three weeks, an unusually long absence during a busy period of diplomatic activity in Beijing, sparking intense speculation in a country known for its political opaqueness. Qin, 57, a career diplomat and trusted aide of Chinese leader Xi Jinping, was promoted to foreign minister in December, after a brief stint as ambassador to the United States. As foreign minister, Qin has delivered searing rebukes of Washington after relations plunged to a new low in the aftermath of a suspected Chinese spy balloon that was shot down over the US. The Chinese Foreign Ministry often leaves out content it deems sensitive from the transcripts of its regular briefings. Senior Chinese officials have disappeared from public view in the past, only to be revealed months later by the ruling Communist Party’s disciplinary watchdog that they’ve been detained for investigations.

Persons: Hong Kong CNN —, Qin Gang, Qin, Xi Jinping, Antony Blinken, Andrey Rudenko, Wagner, “, ”, Deng Yuwen, Janet Yellen, John Kerry . Qin, Josep Borrell, Wang Yi, Deng, they’ve, Xi Organizations: Hong Kong CNN, Hong Kong CNN — China’s, Russian, Communist Party, Foreign Ministry, European Union, EU, ” Reuters, Reuters, Association of Southeast Asian Nations, ASEAN, Chinese Foreign Ministry, Senior, Xi Locations: Hong Kong, Beijing, United States, Washington, Sri Lanka, Vietnam, Russia, China, Indonesia

☆ China is looking all over the world for help building and flying its fighter jets
▼ + stars: | 2023-06-25 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

A British Royal Air Force Eurofighter Typhoon fighter jet at RAF Coningsby in May. Daniel Duggan, a former US Marine Corps pilot, has been accused of violating the Arms Export Control Act by training Chinese military pilots. "Currently, Chinese jet engines can at best achieve one-fourth the life span of Western engines," the report says. To manufacture engines, China still needs to import complex machine tools, including equipment made in Germany, Japan, Italy, and South Korea. A J-20 stealth fighter jet at Airshow China 2022 in Zhuhai in November.

Persons: —, Der Spiegel, Christopher Furlong, Daniel Duggan, Duggan, Chen Jimin, Deng Hua, John Paul Jones, walling, Michael Peck Organizations: Service, Privacy, China, NATO, Taiwan, British Royal Air Force Eurofighter, Coningsby, US, Chinese headhunters, US Marine Corps, Western, China News Service, Getty, Center for Strategic, International Studies, CSIS, Nations, Soviets, Defense, Foreign Policy, Twitter, LinkedIn Locations: China, May, Australian, Zhuhai, US, Germany, Japan, Italy, South Korea, Xinhua, Constantinople, Byzantine Empire, Hungarian, Russia, Russian, Nazi, Forbes

☆ Billionaire Ray Dalio hails India as the next big investing opportunity, saying its economy is on the verge of a China-style rapid surge
▼ + stars: | 2023-06-23 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Ray Dalio praised India's economic potential Thursday after meeting with the country's prime minister Narendra Modi. The Asian country is "at the brink of the fastest growth rates and biggest transformations in the world," the billionaire investor said. Tesla CEO Elon Musk also met Modi this week, pledging to ramp up the EV maker's presence in India. Legendary investor Mark Mobius also said he was bullish on investing in India – which logged strong GDP growth of 7.2% last year – this week. Read more: Legendary emerging markets investor Mark Mobius — who's known for his bullish views on China — is now setting his sights on India

Persons: Ray Dalio, Narendra Modi, Elon Musk, Modi, —, Dalio, Deng Xiaoping, Mark Mobius, Mobius Organizations: Service, Bridgewater Associates, Twitter, Mobius Capital Partners, Bloomberg Locations: India, Washington, Beijing, China

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