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HANGZHOU, China (AP) — In the first Asian Games since the Taliban regained control of Afghanistan, two teams of athletes are arriving in the Chinese city of Hangzhou, looking very different. The games official opening ceremony is on Saturday. They have barred women from most areas of public life such as parks, gyms and work and cracked down on media freedoms. They have banned girls from going to school beyond the sixth grade, and prohibited Afghan women from working at local and non-governmental organizations. Rahimi said that the previous government had been working hard to increase women's participation in sport since the previous Taliban regime, and that it had increased to 20%.

Persons: Atel, Hafizullah Wali Rahimi, ”, Rahimi, they'll Organizations: —, Asian Games, Olympic, Associated Press, Afghanistan's National Olympic, NATO, United Nations Locations: HANGZHOU, China, Afghanistan, Hangzhou, Taliban, Afghan, Iran, Italy, Australia

Hundreds of people lined up at a flagship Apple store in Beijing to pick up the new iPhone 15 when deliveries began on Friday. As of 10 a.m. Beijing time on Friday, iPhone 15 sales via JD 's Dada one-hour delivery app surged by 253% versus that of the iPhone 14 last year, Dada said. Zhao said he was planning to upgrade from his Huawei device to buy the iPhone 15 Pro Max, which has a list price of 9,999 yuan ($1,370). Strong iPhone 15 pre-salesApples' iPhone 15 pre-sales in China pointed to robust demand. Counterpoint Research's most optimistic outlook for Apple in China predicts a 4% year-on-year decline in Apple iPhone shipments in the fourth quarter.

Persons: Evelyn Cheng, JD, Dada, Zhao, he'd, China Zhao, Will Wong, Alibaba's Tmall, Pro Max, Tarun Pathak Organizations: Apple, CNBC, Huawei, Street Journal, Bloomberg, China's Ministry of Foreign Affairs, IDC Apple, Pro, IDC, Counterpoint Technology Market Research Locations: Beijing, Evelyn Cheng BEIJING, China, Sanlitun, Shanghai, Hangzhou, Americas

Chinese President Xi Jinping meets with Syria's President Bashar al-Assad in eastern Hangzhou city, in this handout picture released by Sana on September 22, 2023, Syria. China, the world's second-largest economy, will also support Syria's reconstruction, Chinese state media reported Xi as saying. In Chinese diplomacy, a "strategic partnership" implies closer coordination on regional and international affairs, including in the military sphere. But analysts said there was likely to be a limit to how far Beijing would help Damascus beyond recovering its regional status. "That is not part of China's role identity in the Middle East, which is to try and have a role without taking sides."

Persons: Xi Jinping, Bashar al, Sana, Handout, Syria's Assad, Assad, Xi, Caesar, Matteo Legrenzi, Joe Cash, Ella Cao, Gareth Jones Organizations: REUTERS Acquire, Saudi, Initiative, University of Venice, Thomson Locations: Assad, Hangzhou, Syria, Beijing, China, BEIJING, Iran, Saudi Arabia, Russia, Damascus, Ca'Foscari

HANGZHOU, China, Sept 21 (Reuters) - China hopes to make a splash with the Asian Games, opening on Saturday, but nationwide excitement has been muted as the economy sputters and some locals question the cost of the sporting extravaganza. Organisers this week expressed confidence in holding a "magnificent" games, thanks to President Xi Jinping’s "important instructions" and great, broad-based efforts. "People care more about their own lives, and the Asian Games are not on the top of their list of concerns," Yan said. [1/4]A woman poses for pictures in front of statues of the three mascots of the 19th Asian Games Hangzhou 2022, near the Hangzhou Asian Games Village, in Zhejiang province, China September 20, 2023. "There's a saying online: 'The Hangzhou city government, when encountering even a dog, wishes they could catch it and give it a fresh coat of paint'."

Persons: Xi Jinping’s, Xi, Bashar al, Assad, John Yan, Yan, Jiang, It's, Mark Dreyer, Tingshu Wang, Wu Lili, Zhang, Jules Boycoff, it's, Dylan Martinez, Martin Quin Pollard, Xihao Jiang, William Mallard Organizations: Asian Games, COVID, Games, Sports, Beijing Olympics, Asian, Hangzhou, REUTERS, Pacific University, Thomson Locations: HANGZHOU, China, Hangzhou, Beijing, Zhejiang province, Zhejiang, Shanghai, U.S ., Oregon, West

[1/5] Syria's President Bashar al-Assad and his wife Asma are welcomed upon their arrival at Hangzhou airport, China in this handout picture obtained by Reuters on September 21, 2023. Assad will meet Xi on Friday, a day before the Syrian president attends the opening of the games, said a source from the Syrian delegation, which is scheduled to hold other meetings in Beijing on Sunday and Monday. It was the first visit by a Syrian head of state since diplomatic ties were established in 1956. China, like Syria's main allies, Russia and Iran, maintained those ties even as other countries isolated Assad over his brutal crackdown on anti-government demonstrations that erupted in 2011. While Syria is a relatively small oil producer, its revenue is pivotal to the Assad regime.

Persons: Bashar al, Assad, Asma, Xi Jinping, Xi, Hu Jintao, CNPC, Sinochem, Joe Cash, Ryan Woo, Makieh, Aizhu Chen, Clarence Fernandez, Lincoln Organizations: Reuters, Reuters Acquire, Rights, Asian, Syrian, Sunday, Initiative, Arab League, United Nations Security Council, League, Sinopec Corp, Investments, Tanganyika Oil, Emerald Energy, Gulfsands Petroleum, State, Thomson Locations: Hangzhou, China, Syrian, Rights BEIJING, China's, Air China, Beijing, Russia, Iran, Syria, Australia, Canada, Europe, Switzerland, United States, Damascus, Iraq, Turkey, Asia, Jordan, Tanganyika, London, Colombia, Singapore

☆ China's gallium, germanium exports drop to zero as tech war simmers
▼ + stars: | 2023-09-21 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China’s exports of two rare minerals essential for manufacturing semiconductors fell to zero in August, a month after Beijing imposed curbs on sales overseas, citing national security. In July, the country exported 5.15 metric tons of forged gallium products and 8.1 metric tons of forged germanium products. The curbs are indicative of China’s apparent willingness to retaliate against US export controls, despite concerns about economic growth, as a tech war simmers. Prices for gallium have fallen in China, as export controls caused inventories to pile up. The model is powered by an advanced chip, which was created despite US sanctions intended to cut the Chinese tech giant off from such technology.

Persons: Biden Organizations: Hong Kong CNN —, Eurasia Group, China's Zhejiang University, China's Zhejiang University Hangzhou International Science, Innovation, Publishing, Shanghai Metal, Micron, Huawei, Semiconductor Manufacturing International Corp, Jefferies, China Locations: China, Hong Kong, Beijing, China's Zhejiang University Hangzhou, Shanghai, United States, Japan, Netherlands, Washington

☆ Sri Lanka's Theekshana out of Asia Cup final due to injury
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +1 min

Sept 16 (Reuters) - Sri Lanka spinner Maheesh Theekshana will miss the Asia Cup final against India after sustaining a hamstring injury during their win over Pakistan, the country's cricket board (SLC) said on Saturday. He bowled three more overs before being helped off the field during Sri Lanka's thrilling two-wicket win on Thursday. "If we didn't have a World Cup coming up, we would have somehow tried to get him ready for tomorrow's match. Washington Sundar is expected to join the India squad as cover for Axar Patel after the all-rounder sustained an injury in Friday's six-run loss to Bangladesh, cricket website Cricbuzz reported. He is expected to re-join the Asian Games camp after the Asia Cup final, the Cricbuzz report said.

Persons: Maheesh Theekshana, Sahan Arachchige, Arjuna de Silva, Washington Sundar, Axar Patel, Cricbuzz, Sundar, Hritika Sharma, Kim Coghill Organizations: Asia, India, Pakistan, ESPN, Asian Games, Thomson Locations: Sri Lanka, Colombo, India, Washington, Friday's, Bangladesh, Hangzhou, Hyderabad

☆ PSG give Lee green light to join South Korea Asian Games squad
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

Sept 15 (Reuters) - Paris St Germain (PSG) have agreed to let midfielder Lee Kang-in join up with South Korea's Asian Games squad during the group stage, the country's football association (KFA) said on Friday. Teams are under no obligation to release players for the Asian Games as the tournament falls outside FIFA's official window. The Games, which were postponed from 2022 due to the COVID-19 pandemic, run from Sept. 23 to Oct. 8 in Hangzhou, China. The men's soccer tournament begins on Sept. 19, with South Korea kicking off their campaign against Kuwait as they bid for a third straight gold medal. Reporting by Hritika Sharma in Hyderabad; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Lee Kang, KFA, Lee, Hritika Sharma, Peter Rutherford Organizations: Paris St Germain, PSG, Korea's Asian, Ligue, PSG's Champions League, Borussia Dortmund, Games, South, Real Mallorca, Thomson Locations: Paris, Hangzhou, China, South Korea, Kuwait, Thailand, Bahrain, Hyderabad

☆ North Korean athletes to participate in the Asian Games in China, KCNA reports
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

SEOUL, Sept 16 (Reuters) - North Korean athletes have left Pyongyang for the Asian Games on Thursday that will take place in China, marking the first international, multisport event that North Korea has participated in since the 2018 Asian Games in Indonesia. The Asian Games will take place in Hangzhou, China, from Sept. 23 to Oct. 8, a year after being postponed due to the COVID-19 pandemic. KCNA did not mention the size of the team or athletes' travel routes. North Korea closed its borders to nearly all travel in early 2020 because of the COVID-19 pandemic, and dropped out of the Tokyo Olympics due to coronavirus concerns. In August, North Korean taekwondo athletes participated in the International Taekwon-Do Federation (ITF) World Championships in Kazakhstan, the first appearance by the country's athletes at an overseas competition since the start of the pandemic.

Persons: KCNA, Heekyong Yang, Josh Smith, Sandra Maler Organizations: Asian Games, Tokyo, North, International, International Olympic Committee, Beijing Winter Games, Thomson Locations: SEOUL, Pyongyang, China, Korea, Indonesia, Hangzhou, North Korea, North Korean, Kazakhstan, Tokyo

☆ Michelin’s Coveted Stars Can Come With Some Costs
▼ + stars: | 2023-09-12 | by ( Julia Moskin | More About Julia Moskin | ) www.nytimes.com time to read: +1 min

Michelin gave no restaurant three stars, and named only one with two stars: L’Atelier de Joël Robuchon, in Miami’s Design District, an outpost of a global restaurant chain founded by French chef who had been dead for four years. “It was utter shock.”Amid decades of expansion, Michelin has maintained that its stars transcend geography, taste and trends; that a one-star restaurant in Hangzhou can (and must) have the same value as a one-star restaurant in Hamburg or Honfleur or Hialeah. Today, “when someone is flying from Germany to San Diego to eat at your restaurant, the stakes are much higher,” said William Bradley, the chef-owner of Addison, Southern California’s only three-star Michelin restaurant. Michelin inspectors are full-time employees, and are sent around the world to perform evaluations, ensuring that no inspectors can privilege relationships or preferences in their own regions. Mr. Poullenec said that Michelin’s culinary and editorial judgments far outweigh financial considerations.

Persons: L’Atelier, Robuchon, “, ”, Niven Patel, William Bradley, Poullenec Organizations: Michelin, Design Locations: Miami, French, Hangzhou, Hamburg, Hialeah, France, Germany, San Diego, Addison , Southern

BEIJING, Sept 12 (Reuters) - China unveiled on Tuesday its 886-strong team and its sporting and political goals for the Hangzhou Asian Games which start this month, a year later than planned due to China's COVID situation and restrictions. The Chinese team, who have topped the medals table at every Asian Games since 1982, should repeat that feat in Hangzhou, the director of the national sports bureau, Gao Zhidan, said at the team's launch in Beijing on Tuesday, state media reported. The Asian Games, also known as the Asiad, are like an Olympics for Asian countries and usually take place every four years. There will be 40 different sports, including athletics, swimming, cricket, dragon boat racing and esports (computer games) which for the first time will be a medal-winning event. Reporting by Martin Quin Pollard, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Gao Zhidan, Gao, Martin Quin Pollard, Ed Osmond Organizations: Hangzhou Asian Games, Games, Xinhua, Asian, Thomson Locations: BEIJING, China, Hangzhou, Beijing, Asia

☆ China’s ‘Lipstick King’ tearfully apologizes after online spat highlighting country’s economic woes
▼ + stars: | 2023-09-12 | by ( Laura He | ) edition.cnn.com time to read: +5 min

Li Jiaqi, who has 76 million followers on Taobao’s livestreaming platform, is one of the country’s biggest internet celebrities. Li Jiaqi attends a livestreaming ceremony in the Chinese city of Hangzhou on September 23, 2021. It’s easy for them celebrities to make money!” one user commented on Weibo, China’s version of X. His followers on Weibo, China’s version of X, has fallen by 1.1 million to 29.3 million since he made the comment on Sunday. Many online users questioned whether Li, a sales superstar for many years, was particularly harsh because he was simply tired and stressed out.

Persons: Li Jiaqi, Jack Ma, ”, Li, VCG, “, Li hasn’t, shouldn’t, ” “, Hu Xijin Organizations: Hong Kong CNN, Alibaba, Global Times Locations: China, Hong Kong, Hangzhou, Weibo, ”

☆ Qualcomm says it will supply Apple with 5G modems for iPhones through 2026
▼ + stars: | 2023-09-11 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Qualcomm said Monday that it will supply Apple with 5G modems for smartphones through 2026. Wall Street analysts and Qualcomm officials had previously said they expected Apple to use an internally developed 5G modem starting in 2024. Qualcomm currently supplies Apple with 5G modems for its iPhones, but Apple has been working to build its own modems to move away from Qualcomm chips. A Qualcomm official said the company was not updating its guidance to take in account the Apple sales. Apple is expected to announce new iPhones, likely called iPhone 15, on Tuesday, which will use Qualcomm modems.

Persons: TechInsights Organizations: Apple, Qualcomm, Wall Street, UBS, Intel, CNBC Locations: Hangzhou, East China's Zhejiang province, China, United States

☆ From BMW to Porsche: Take a look at the cars on display at one of the world's biggest auto shows
▼ + stars: | 2023-09-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +6 min

BMW Vision Neue KlasseBMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars. Mercedes-Benz Vision One ElevenThe Mercedes-Benz Vision One Eleven on display at the IAA Mobility show in Munich, Germany. GTI ConceptThe all-electric Volkswagen ID GTI Concept car on display at the IAA Mobility 2023 show in Munich, Germany. Porsche Mission XThe Porsche Mission X on display at the IAA Mobility 2023 show in Munich, Germany. Lego Lamborghini Sián FKP 37A Lego version of the Lamborghini Sián FKP 37 on display at IAA Mobility 2023 in Munich, Germany.

Persons: Olaf Scholz, Ola Källenius, Mercedes, Sven Hoppe, Arjun Kharpal, Leapmotor, Zhu Jiangming, BYD, Warren Buffett, Kharpal, Lucid, Cyberster Organizations: Management, Mercedes, Benz AG, Getty, Mobility, BMW, Neue, CNBC, Benz, IAA, Leapmotor, Opel, CNBC Stellantis, Air, Volkswagen, IAA Mobility, Porsche, Carrera GT, Shanghai Auto, Lamborghini Locations: Munich, GERMANY, Germany, Xpeng, BYD, Hangzhou, Europe

☆ US FCC chair says China's Quectel, Fibocom may pose national security risks
▼ + stars: | 2023-09-06 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Jonathan Newton/Pool via REUTERS Acquire Licensing RightsWASHINGTON, Sept 6 (Reuters) - Federal Communications Commission Chairwoman Jessica Rosenworcel asked U.S. government agencies to consider declaring that Chinese companies including Quectel (603236.SS) and Fibocom Wireless (300638.SZ) pose unacceptable national security risks, according to letters seen by Reuters. Federal funds cannot be used to purchase equipment from companies on the list, and the FCC will not authorize new equipment from companies deemed national security threats. Rosenworcel wrote the FBI, the Justice Department, the National Security Agency, the Defense Department and other agencies on Sept. 1, forwarding the request from the lawmakers. She added the FCC can update the Covered List "only at the direction of national security authorities." Last year the FCC voted to revoke China Unicom’s U.S. unit, Pacific Networks and ComNet’s authorization to operate in the United States, citing national security concerns.

Persons: Jessica Rosenworcel, Jonathan Newton, Mike Gallagher, Krishnamoorthi, Rosenworcel, David Shepardson, Jonathan Oatis, David Gregorio Our Organizations: U.S . Senate Commerce, Science, Transportation Committee, Federal Communications Commission, REUTERS Acquire, Rights, Federal Communications, U.S, Fibocom Wireless, Reuters, Republican, China, FCC, FBI, Justice Department, National Security Agency, Defense Department, Huawei, ZTE, Hytera Communications Corp, Hangzhou Hikvision Digital Technology, Zhejiang Dahua Technology, Pacific Networks, Embassy, Thomson Locations: Washington , U.S, Quectel, Hangzhou, Zhejiang, China, U.S, United States, Washington

☆ Chinese EVs are now seen posing a 'real threat' to Europe's auto industry
▼ + stars: | 2023-09-06 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesChinese electric vehicles pose "a real threat" to the European car industry, according to Christian Kames, managing director at financial advisory firm Lazard. Kames spoke from the IAA Mobility Conference in Munich, where the number of Chinese companies has soared since the last event. watch nowThe increase in Chinese companies in attendance shows that these firms "really have the European market … as the next market they want to conquer," Kames said. European companies are 'ready to engage'European auto manufacturers are well aware of the competition brought about by Chinese companies, Christian Kames told CNBC. "[European carmakers] get it now, that the Chinese [automakers] are a real threat.

Persons: Christian Kames, Lazard, Kames, Warren Buffet, carmaker BYD, Xpeng, Brian Gu, Luca De Meo, Monday, De Meo, China's, Chris Reitermann, CNBC's Evelyn Cheng, Reitermann Organizations: Munich, Bloomberg, Getty, IAA, IAA Mobility, CNBC, UBS, Renault, Ogilvy Asia Pacific Locations: Munich, Germany, Asia, Europe, Hangzhou, China, Swiss, European, Greater China

☆ Chinese electric carmakers ramp up push overseas, setting up clash with U.S., European auto giants
▼ + stars: | 2023-09-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

Arjun Kharpal | CNBCMunich, GERMANY — The IAA in Munich, Germany is one of Europe's most high-profile auto shows. And it was dominated by Chinese electric car firms looking to expand their presence on the continent and challenge incumbents from BMW to Ford in the new era of battery-powered vehicles. But a slowing market at home, due to tepid consumer spending after Covid-19 restrictions were lifted, coupled with an attractive market in Europe, has seen Chinese firms launch cars abroad and expand their footprint. Many of the European carmakers have been seen lagging in their push into EVs at a time when Chinese players have launched dozens of new vehicles. watch nowThe entrance of Chinese firms into Europe is seen as a threat to big automakers who have been perceived to be moving too slow on EVs.

Persons: BYD, Arjun Kharpal, Daniel Roeska, Roeska, Zhu Jiangming, Warren Buffett, Xpeng, Brian Gu, Gu, Bernstein, Tesla, Mercedes, Xpeng's Gu Organizations: CNBC, BMW, Ford, EV, Bernstein Research, Leapmotor, Tesla, IAA Locations: Europe, Munich, Germany, CNBC Munich, GERMANY, China, Hangzhou, Norway, Sweden, Denmark, Netherlands, Guangzhou, EVs

However, in a hopeful sign for growth, conditions did not materially worsen even though the survey showed factories under persistent pressure. China's major manufacturing rivals in the region Japan and South Korea also reported sharp declines in output on Thursday. "It's too early to tell, but today's print suggests that a sequential uptick in growth activity in the third quarter could still be possible," said Louise Loo, senior economist with Oxford Economics. Policymakers remain under pressure to boost domestic demand as the global economy continues to slow. Going forward, "the actual implementation and effectiveness of policy support will be the key indicator to watch," he added.

Persons: It's, Louise Loo, Pan Gongsheng, Frederic Neumann, Bruce Pang, Jones Lang Lasalle, Joe Cash, Qiaoyi Li, Ellen Zhang, Sam Holmes Organizations: REUTERS, Rights, National Bureau of Statistics, PMI, Oxford Economics, Reuters, People's Bank of, Global Research Asia, HSBC, Jones, Thomson Locations: Hangzhou, Zhejiang province, China, Rights BEIJING, Japan, South Korea, People's Bank of China, United States, Europe, Asia

☆ One part of China’s consumer market is holding up against a broad decline
▼ + stars: | 2023-08-30 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Customers enjoy food at a new Costco store in Shanghai on the first day of its trial operation on March 10. China News Service | China News Service | Getty ImagesBEIJING — If retail sales slowed this summer, it hasn't felt that way in parts of China. In the weeks around early July, New York residents David and Susan Schwartz visited three Costco stores, known as warehouses, on the outskirts of Shanghai and the neighboring city of Suzhou. China's retail sales slowed to a 2.5% year-on-year increase in July, adding to growing uncertainty about the country's future growth. Chris Reitermann CEO, Ogilvy Asia Pacific and Greater ChinaThe massive property market, where the majority of household wealth is stored, accelerated its decline in July.

Persons: hasn't, Susan Schwartz, David Schwartz, David, Susan, Malin, Goetz, Kate Spade, they're, Chris Reitermann, Ogilvy's Reitermann, Daniel Zipser Organizations: Costco, China News Service, Getty, BEIJING, U.S, Ogilvy Asia Pacific, CNBC, McKinsey Global Institute, Media, McKinsey Locations: Shanghai, China, New York, Suzhou, U.S, Hangzhou, Ningbo, York, Greater China

☆ China's so desperate to get people to marry and have babies, one county is offering $137 as a 'reward' if the bride is 25 years old or under
▼ + stars: | 2023-08-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

A county in China is offering couples a cash reward of $137 if the bride is under 25. The county is also handing out childcare subsidies and benefits, to encourage people to have babies. Recently, a county in eastern China started offering couples 1,000 Chinese yuan, or $137, in cash if the bride is 25 years old or younger, according to a post on its official WeChat account last Thursday. They are even offering free public transport in the county for families with two or more kids under the age of 16. The push for marriage and babies comes after China saw a record low of 6.83 million marriages registered in 2022.

Persons: China's Organizations: Service Locations: China, Wall, Silicon, Changshan, Zhejiang province, Hangzhou, Singapore, South Korea, Japan

☆ Chinese county offers 'cash reward' for couples if bride is aged 25 or younger
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

The notice, which was published on Changshan county's official Wechat account last week, said the reward was to promote "age-appropriate marriage and childbearing" for first marriages. It also included a series of childcare, fertility and education subsidies for couples who have children. China's legal age limit for marriage is 22 for males and 20 for females, but the number of couples getting married has been falling. That has driven down birth rates due to official policies which make it harder for single women to have children. ($1 = 7.2900 Chinese yuan renminbi)Reporting by Farah Master; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

Persons: HONG KONG, Changshan, Farah Master, Lincoln Organizations: REUTERS, Thomson Locations: Hangzhou, Zhejiang province, China, HONG

China operates talent programs at various levels of government, targeting a mix of overseas Chinese and foreign experts. China has previously said its overseas recruitment through the TTP aimed to build an innovation-driven economy and promote talent mobility, while respecting intellectual property rights, according to the state-run Xinhua news agency. It said that anyone who recommends a candidate who is then selected for the talent programs would receive "diamonds, bags, cars, and houses". In some cases, these people said, those experts will be offered roles at Chinese chip companies' overseas operations. ($1 = 7.1475 Chinese yuan renminbi)Reporting by Julie Zhu, Fanny Potkin, Eduardo Baptista and Michael Martina; editing by David CrawshawOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence Lo, Xi Jinping, Qiming, Dean Boyd, Nick Marro, Chen Biaohua, Chen, Ma Yuanxiao, Dawei Di, Di, Zhuji, Julie Zhu, Fanny Potkin, Eduardo Baptista, Michael Martina, David Crawshaw Organizations: REUTERS, Washington, Reuters, China, Ministry of Industry, Information Technology, U.S . Commerce Department, Xinhua, Ministry of Science, Technology, U.S, government's National Counterintelligence and Security Center, Economist Intelligence, China Center for Information Industry Development, China Semiconductor Industry Association, Qiming, Massachusetts Institute of Technology, Harvard, Stanford, HK, LinkedIn, Hangzhou Juqi Technology, Fortune, Beijing Institute of Technology, BIT's School of Integrated Circuits, Electronics, Britain's University of Nottingham, University of Hong, BIT, Communist Party's Organization Department, Zhejiang University, Communist Party, Thomson Locations: China, HONG KONG, SINGAPORE, WASHINGTON, U.S, China's, Qiming, Beijing, Hangzhou, ResearchGate, University of Hong Kong, Ma, Zhejiang, Wenzhou, Cambridge

A man walks past a sign of Geely's new premium electric vehicle (EV) brand Zeekr at its factory in Ningbo, Zhejiang province, China April 15, 2021. Geely in December said Zeekr had confidentially filed for a U.S. IPO, without detailing size or listing date. If successful, a $1 billion IPO would be the largest U.S. listing by a Chinese firm for over two years since ride-hailing giant Didi raised $4.4 billion in mid 2021. Geely, formally Zhejiang Geely Holding Group (GEELY.UL), established Zeekr in April 2021 to tap into increasing Chinese demand for high-end EVs. ($1 = 7.2883 Chinese yuan renminbi)Reporting by Julie Zhu in Hong Kong and Scott Murdoch in Sydney; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: HONG KONG, Geely, Zeekr, Didi, Andy, Julie Zhu, Scott Murdoch, Christopher Cushing Organizations: REUTERS, Yilei, U.S, Zhejiang Geely Holding, Thomson Locations: Ningbo, Zhejiang province, China, HONG, Hangzhou, Hong Kong, Singapore, London , New York, Boston , California, U.S, Zhejiang, Netherlands, Sweden, Israel, Kazakhstan, Sydney

☆ China EV maker Zeekr to start investor tour ahead of $1 billion U.S. IPO
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: +2 min

A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. Geely in December said Zeekr had confidentially filed for a U.S. IPO, without detailing the size or listing date. If successful, a $1 billion IPO would be the largest U.S. listing by a Chinese firm for over two years since ride-hailing giant Didi raised $4.4 billion in mid-2021. Geely, formally Zhejiang Geely Holding Group, established Zeekr in April 2021 to tap into increasing Chinese demand for high-end EVs. ($1 = 7.2883 Chinese yuan renminbi)

Persons: Geely, Zeekr, Didi, Andy Organizations: Auto Shanghai, U.S, Zhejiang Geely Holding Locations: Shanghai, China, Zeekr, Hangzhou, Hong Kong, Singapore, London , New York, Boston , California, U.S, Zhejiang, Netherlands, Sweden, Israel, Kazakhstan

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