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☆ Read the Letter to Sullivan & Cromwell
▼ + stars: | 2024-07-30 | by ( ) www.nytimes.com time to read: +3 min

A Sullivan & Cromwell Committee? Sullivan & Cromwell should applaud students for exhibiting the courage and sense of justice required to protest Israel's merciless, industrial-scale killings, bombardments, and starvation of hundreds of thousands of totally vulnerable Palestinian infants, children, women, and men with no responsibility for October 7. Does Sullivan & Cromwell prefer lawyers with hearts of stone who subordinate justice to greater anticipated profits, certain demanding clients, and billable hours? Would any of their applications to join your firm Sullivan & Cromwell be rejected for protesting the mass slaughter and starvation of the civilian population in Gaza, most of them women and children? How does Sullivan & Cromwell answer the recent reflections of two surgeons in Gaza during its annihilation by the IDF with United States weapons?

Persons: Sullivan, Cromwell, Biden, Netanyahu, King George III, I've, Feroze Organizations: Cromwell, Hollywood, Sullivan, Foreign Assistance, Control, West Bank, New York Times, U.S, Congress, Independence, International Court of Justice, United Locations: Israel, United States, Gaza

☆ China’s LGBTQ+ community celebrates rare scenes from Paris Olympics but internet is divided
▼ + stars: | 2024-07-30 | by ( Chris Lau | ) edition.cnn.com time to read: +7 min

These are among the images that France, the organizer of the Paris 2024 Olympics, presented to the world during the opening ceremony last week. The clampdown has made it all the more striking when scenes of gay men and drag queens from the Paris Olympics opening ceremony made it onto Chinese state broadcaster CCTV. On social media site Weibo, the “#Paris opening ceremony is really cool# hashtag has generated more than 600 million views over the past four days. “Those who didn’t stay up late to watch the Olympic opening ceremony tonight missed out big time. #Paris opening ceremony is really cool#The ceremony remained the top trending topic on Weibo for more than 15 hours starting Saturday.

Persons: Xi Jinping, Ken Huang, ”, Jeremy Goupille, Natacha, Leonardo da Vinci’s, Christian, French, Suen, Aritists, Athena de Martel, ” Suen, Netizens Organizations: Hong Kong CNN, Paris, Weibo, Pride House, Paris Olympics, Communist Party, Chinese University of Hong, House, ” Locations: China, Hong Kong, France, Paris, Beijing, Shanghai, Chinese University of Hong Kong, Weibo

Kevin Levu faces unpredictable dangers during his nursing shifts, including the risk of being stabbed or beaten. A travel nurse, Levu works at Pelican Bay State Prison, which is home to some of the most violent inmates in California. Being a travel nurse "provides a lot of freedom in my life," he says. Zoom In Icon Arrows pointing outwards Kevin Levu in the army. "Kevin Levu at home.

Persons: Kevin Levu, Levu, Chuck Greenwood, I'm, —, there's, wasn't, nudged, Fort Sam Houston, didn't, Doctors, Kevin, fanny, gurney, he's, they're Organizations: CNBC, Pelican, Fort, Fresno City College, IRA, Netflix, Spotify, Toyota Tacoma Locations: Pelican Bay, California, Brookings , Oregon, U.S, Pelican, Crescent City, Northern California, Levu, Oklahoma, San Antonio , Texas, Kevin, Fresno , California, Placerville , California

☆ Xi wants the world to know China's military is totally loyal despite the purges
▼ + stars: | 2024-07-27 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

China's military is loyal and will faithfully execute the policies set down by the Communist Party. In June, Chinese Leader Xi Jinping reminded the Central Military Commission — the country's top political-military body — that the military reports to the Communist Party. "Xi stressed that political work is always the lifeline of the country's military. "Xi stresses PLA's political loyalty at crucial meeting held in old revolutionary base," read the Global Times headline. Beyond military corruption, Xi also is concerned about what he sees as decadence in Chinese society — especially among young people — which is undermining Chinese military power.

Persons: Xi Jinping, Xi, Mei, he'd, he's, Stalin, Michael Peck Organizations: Service, Communist Party, Central Military Commission, Global Times, Business, Party, Times, People's Liberation Army, PLA, RAND Corp, Taiwan, PLA Rocket Force, CMC, Soviet Union, Political, Red Army, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, US, China —, Germany, Soviet Union, Forbes

☆ What a Professor’s Firing Shows About Sexual Harassment in China
▼ + stars: | 2024-07-25 | by ( Tiffany May | Zixu Wang | ) www.nytimes.com time to read: +1 min

In the video, the Chinese graduate student stared straight into the camera as she spoke. Then she issued an explosive accusation: A prominent professor at a top Chinese university had been sexually harassing her for two years. The next day, Renmin University fired Mr. Wang, saying that officials had investigated the student’s allegations and found that they were true. The swift response by the university reflected the growing pressure that Chinese academic institutions have come under to curb sexual harassment on campus. In recent years, several schools have been accused of not doing enough to protect their students from tutors and professors who preyed on them.

Persons: Wang Guiyuan, Wang Organizations: Communist Party, Renmin University’s School of Liberal Arts, Renmin University Locations: Beijing

☆ China wants to raise its retirement age. People aren't happy.
▼ + stars: | 2024-07-23 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

China is planning to raise its retirement age, but the move has sparked an online backlash. Upping the retirement age in China has been floated for years, but is not popular. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChina's Communist Party has resurfaced plans to add years to the country's retirement age, in a move that has caused considerable backlash online. The party plans to raise the retirement age for urban workers from the current figure of 60 years for men, and between 50-55 years for women.

Persons: — Organizations: Service, Communist Party, Business Locations: China, Weibo

☆ In Georgia’s Depressed Heartland, Pining for the Soviet Past
▼ + stars: | 2024-07-23 | by ( Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

The town of Kazreti, nestled in the picturesque mountains of Georgia near the border with Armenia, once boasted a cinema, a bank, musical fountains, two schools and a kindergarten. Dance ensembles and volleyball teams from across the Soviet Union would come to perform and compete, and central heating and electricity were free. But after the Soviet Union’s collapse in the 1990s, he said, everything also came crashing down in Kazreti. No longer supported by the Soviet command economy, the unprofitable local gold and copper mines and an enrichment plant were shut, putting hundreds of people out of work. Now there is just one school in the town and the cinema and bank have closed.

Persons: ”, Davit Jakeli Locations: Kazreti, Georgia, Armenia, Soviet Union, Tbilisi, Soviet

☆ China’s leaders have floated the idea of raising the retirement age. It hasn’t gone down well
▼ + stars: | 2024-07-23 | by ( Laura He | ) edition.cnn.com time to read: +5 min

The retirement age for female urban workers is 50 or 55 depending on their occupation. “In accordance with the principles of voluntariness and flexibility, [we] will steadily and orderly advance the reform of progressively delaying the statutory retirement age,” China’s ruling Communist Party said on Sunday. Tingshu Wang/ReutersStruggling with declining birth rate and an ageing population, China’s policymakers have been talking about increasing the retirement age for over a decade. On Weibo, the hashtag “advancing the reform of delaying retirement age” has been a top trending topic since Sunday. On Xiaohongshu, China’s equivalent of Instagram, the hashtag “retirement age” has also attracted about 100 million views by Tuesday morning.

Persons: ” China’s, Ma Qiuhua, Tingshu Wang, ”, “, ’ Organizations: Hong Kong CNN, Communist Party, Reuters, Chinese Academy of Social Sciences, Communist Locations: Hong Kong, China, Beijing, Weibo, Communist China, India

☆ China slashes interest rates in a surprise move to boost its slumping economy
▼ + stars: | 2024-07-22 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +1 min

China cut key interest rates after its leaders met at a Communist Party plenum last week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe world's second-largest economy cut several short- and long-term interest rates on Monday to prop up its sluggish, debt-burdened economy. The People's Bank of China cut its seven-day reverse repo rate by 10 basis points, from 1.8% to 1.7%, and its standing lending facility — given to commercial banks to supply temporary cash — by the same margin. This story is available exclusively to Business Insider subscribers.

Persons: China's, — Organizations: Communist, Service, People's Bank of China, Business Locations: China

☆ Oil prices rise as investors look for signs U.S. rate cuts to begin
▼ + stars: | 2024-07-22 | by ( ) www.cnbc.com time to read: +1 min

An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States. Oil prices rose in early trade on Monday as investors keep a lookout for signs of a rate-cut cycle expected to begin as soon as September. "Since the June FOMC meeting, inflation and labor market data have signaled that disinflation and labor market rebalancing are in place, which we expect will allow the Fed to begin its interest rate cutting cycle in September," ANZ Research said in a note. Slower-than-expected economic growth of 4.7% for China in the second quarter sparked concerns last week over the country's demand for oil and continues to weigh on prices. The 60-point document's publication follows last week's closed-door meeting of the Communist Party's Central Committee that takes place roughly every five years.

Persons: Phillips, Joe Biden, Kamala Harris, Republican Donald Trump Organizations: Brent, U.S . West Texas, Fed, ANZ Research, U.S . Federal Reserve, Market, Republican, Communist Party's Central Committee Locations: Linden , New Jersey, United States, U.S, China

☆ China’s summer of devastating floods shows steep challenge as it grapples with extreme weather
▼ + stars: | 2024-07-22 | by ( Simone Mccarthy | Joyce Jiang | ) edition.cnn.com time to read: +9 min

Villagers clean rubbish after torrential rains caused flooding in Meizhou, Guangdong province of China on June 19. John Ricky/Anadolu/Getty ImagesA man drives through a muddy street in the aftermath of flooding from heavy storms in Meizhou, Guangdong province last month. “All my hard work for a year has come to nothing.”A road is flooded following heavy rainfall in Jiangxi province on July 4. China’s government has mounted a top-down effort to revamp how the country responds to extreme weather in recent years after 2021 floods in Henan’s Zhengzhou killed more than 300 people. But there have been past issues of misappropriation of state recovery funds, for example following the deadly 2021 floods in Zhengzhou.

Persons: John Ricky, –, Xi Jinping, it’s, “, Tingshu Wang, ”, Hongzhang Xu, Typhoon Doksuri, Li Zhao Organizations: Hong Kong CNN, Getty, Communist Party, AFP, China’s Ministry of Emergency Management, Agricultural Television, Retailers, Workers, CNN Weather, ” Observers, Australian National University, Reuters, Greenpeace East, “ Locations: China, Hong Kong, sweltering Henan, Nanyang, speedboats, Meizhou, Guangdong province, Guangdong, AFP, Guangzhou province, Henan, Hunan, Lake, Henan’s Nanyang, Jiangxi province, Shaanxi, Sichuan, Hunan province's Changsha, Chongqing, Hainan, Zhengzhou, breadbasket, Jiangxi, Munich, Greenpeace East Asia, Beijing, –

☆ China Shows Few Signs of Tilting Economy Toward Consumers in New Plan
▼ + stars: | 2024-07-21 | by ( Keith Bradsher | Chris Buckley | ) www.nytimes.com time to read: +1 min

China engaged in a monthslong drumbeat of anticipation that a Communist Party leaders’ meeting would show the way to a new era of growth for the slowing economy. The outcome was a plan released on Sunday offering more than 300 steps on everything from taxes to religion. Many economists had called for a comprehensive effort to rebalance the Chinese economy away from investment and toward consumer spending. The party promised to “promote the development of strategic industries” in eight sectors, from renewable energy to aerospace. Those were essentially the same industries as in the country’s decade-old Made in China 2025 plan to replace imports of high-tech goods with locally produced products, as part of a national push for self-reliance.

Persons: ’, — Organizations: Communist Party, Communist Party’s Central Committee Locations: China

☆ In a Taiwan war, the US could find itself fighting China without its top allies
▼ + stars: | 2024-07-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

The study excluded nations that already faced a risk of direct conflict with China, the US and their respective allies. On the other hand, America's top allies don't share American fears that a massive Chinese military buildup and Chinese leader Xi Jinping's avowed determination to "reunify" Taiwan with China are steps toward war, but rather may be nationalistic posturing. AdvertisementYet if Japan, Australia, Britain and Canada are reluctant to confront China, there are actions they can take to help Taiwan. In addition, the four middle powers could play a role in mediators to prevent a Taiwan war from happening. "To build credibility with both great powers, the four middle powers need to rebuild and bolster their strategic autonomy, material power, and commitment to the Asia-Pacific region."

Persons: Rafiq Dossani, isn't, Xi Jinping's, China's, Dossani, Michael Peck Organizations: Service, America's, RAND Corp, RAND, Business, Taiwan's Ministry of Foreign Affairs, Canada, Chinese Communist Party, NATO, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Taiwan, China, Japan, Australia, Canada, American, South Korea, India, Beijing, Asia, South China, Pacific, Okinawa, East China, Britain, Europe, Forbes

☆ Death of Vietnam’s Top Leader Raises Questions of Succession
▼ + stars: | 2024-07-20 | by ( Richard C. Paddock | ) www.nytimes.com time to read: +1 min

With the death Friday of Vietnam’s long-serving Communist Party general secretary, Nguyen Phu Trong, the country’s top leadership role has been left at least temporarily to President To Lam, who is best known for implementing a sweeping anticorruption drive. Mr. Lam, 67, was named Thursday to take over the general secretary’s duties at the Politburo, the Party Central Committee and the Secretariat for an unspecified period. He will also continue as president, a largely ceremonial post for which he was chosen just two months ago. Whether he will retain the duties of general secretary on a more permanent basis depends on the Politburo, which is expected to decide whether to confirm his new role. “This has probably set the stage for To Lam to become the next general secretary,” said Nguyen Khac Giang, a visiting fellow at the ISEAS-Yusof Ishak Institute, a research organization in Singapore.

Persons: Nguyen Phu Trong, Lam, ”, Nguyen Khac Giang, won’t Organizations: Communist Party, Party Central Committee, Secretariat, Yusof, Institute Locations: Singapore

☆ Here's what a Trump victory could mean for the entire EV industry
▼ + stars: | 2024-07-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump has been an outspoken critic of EVs — and that could spell trouble for America's electric vehicle industry. AdvertisementMusk also reportedly played a part in Trump choosing Ohio senator JD Vance, an even fiercer critic of electric vehicles, as his vice president. Subsidy fearsThe potential loss of the $7,500 tax credit has already sparked concern in the EV industry. "If we see that tax credit cut, then EVs start looking insurmountably expensive for most consumers," he said. "They're already making money building electric vehicles, and the incentive just helps boost volume rather than boosting profits," he added.

Persons: —, Donald Trump, EVs, Elon, Trump, Trump's, Musk, JD Vance, Vance, Biden, Tesla, Jon McNeill, Dylan Khoo, Sam Fiorani, Khoo, Elon Musk's, Dan Ives, Ives, Tesla's Organizations: Service, Business, Trump, PAC, Ohio, US, Motors, CNBC, ABI Research, Global, AutoForecast Solutions, Bloomberg Businessweek, Wedbush Securities, EV Locations: Trump, Communist China, China

☆ Nguyen Phu Trong, Powerful Vietnamese Leader, Is Dead at 80
▼ + stars: | 2024-07-19 | by ( Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

Nguyen Phu Trong, the hard-line general secretary of Vietnam’s Communist Party who presided over his country’s economic and geopolitical transformation, and reshaped its leadership with his “blazing furnace” anticorruption campaign, died on Friday at a hospital in Hanoi. His death was announced by the official Nhan Dan newspaper, which said that Mr. Trong had died of “old age” and an unspecified serious illness. Speculation had swirled in January about Mr. Trong’s health after he skipped meetings with several foreign leaders. For 12 years, Mr. Trong sat at the apex of power in Vietnam’s Communist hierarchy. He consolidated power in one of the world’s few remaining Communist dictatorships, significantly weakening the collective form of leadership that previously characterized the country’s Communist Party.

Persons: Phu Trong, Trong, Lam Organizations: Communist Party, Nhan Dan, Mr, Communist Locations: Hanoi

☆ In the face of trade tensions, China says it will focus on its own economy
▼ + stars: | 2024-07-19 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — Top Chinese officials on Friday emphasized the country would focus on its own affairs in the face of rising trade tensions. He listed three areas of focus: the stable and healthy development of the real estate market, accelerated development of "emerging and future industries" and expanding domestic demand, "especially consumption." Han was responding to a question about how China would support growth in the face of increased trade tensions. He used a phrase attributed to Chinese President Xi Jinping, who in recent years has called for the country to "do your own thing well" and focus on its own affairs. The press conference followed the end of a high-level meeting policy called the Third Plenum that ended Thursday.

Persons: Han Wenxiu, Han, Xi Jinping Organizations: BEIJING, Top, Communist, CNBC Locations: China

☆ China's cooking oil scandal prompts residents to buy oil presses amid food safety concerns
▼ + stars: | 2024-07-19 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

They are turning to making their own oil by buying household oil press machines. a post on social media platform Xiaohongshu, captioning a video of a bottle of cooking oil, showcased locals' worries. China's authorities have launched an investigation into food safety concerns after domestic media revealed that a major state-owned company, Sinograin, had been using tankers that carry fuel to transport cooking oil. Be careful of 'Made in China' food products," Rein told CNBC's "Squawk Box Europe." "Illegal enterprises and relevant responsible persons will be severely punished in accordance with the law and will not be tolerated," China's Commission on Food Safety of the State Council said.

Persons: It's, Shaun Rein, Rein, CNBC's Organizations: Chinese Communist Party, Beijing, Private, Hopefull, Oil Group, Beijing News, China Market Research, Times Finance, Food, State Locations: China, China's Guangxi, Australia, Europe, Hong Kong

☆ China economy: Key meeting offers few clues on how to tackle worsening downturn
▼ + stars: | 2024-07-19 | by ( Laura He | ) edition.cnn.com time to read: +8 min

While it offered few clues on how to tackle economic difficulties, the meeting did provide further insight into a shake-up of high-level personnel over the past year. If past sessions are a guide, a more detailed report may be released in the following days, but for now, “the plenum communique is light on specifics,” Evans-Pritchard added. That came days after China released disappointing economic data for the second quarter of this year. Analysts say that the coming months could offer more details on how Xi plans to revive the economy. Emphasizing short-term economic policies is rare in the history of the third plenums, said Larry Hu, chief China economist for Macquarie Group.

Persons: Hong Kong CNN — China’s, Xi Jinping, Xi, ”, Julian Evans, Pritchard, Qin, Li Shangfu, Li Yuchao, Jinming, Evans, “, ” Evans, Mao, Larry Hu Organizations: Hong Kong CNN, Communist Party, Capital Economics, Central, Defense, Liberation Army Rocket Force, of America, National Bureau, Statistics, Analysts, Macquarie Group Locations: Hong Kong, party’s, Beijing, China, policymaking, outflows, United States, Mao China

☆ Ukraine risks North and South Korea-like division, says former Singapore diplomat
▼ + stars: | 2024-07-19 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +4 min

Roman Pilipey | Afp | Getty ImagesRussia's war on Ukraine could end with the latter being divided into two — like North and South Korea, according to Singapore's former ambassador to Russia, Bilarhari Kausikan. Kausikan said Trump's approach could force Ukraine into a truce — an agreement to stop fighting but not necessarily to end the war, which could lead to a split in Ukraine. Korea is still at war, North and South, legally, but there is an armistice and a divided country. North and South Korea are officially still at war because an armistice was signed in 1953, not a peace treaty. But while increased military spending from Europe will be Trump's goal, it's won't be enough to deter Russia, Kausikan said.

Persons: Roman Pilipey, Bilarhari Kausikan, Kausikan, Donald Trump, Joe Biden, Trump's, Viktor Orban, Trump, Ukraine's, it's Organizations: Afp, Getty, UN, VP Bank, White, CNN, NATO, Trump Locations: Ukrainian, Donetsk, Ukraine, Roman, North, South Korea, Russia, Korea, Hungary, Singapore, Europe

☆ China calls for bolstering tech 'breakthroughs' and achieving the full-year growth target
▼ + stars: | 2024-07-19 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

China must "adapt to the new round of scientific and technological revolution and industrial transformation," an official English-language communique said. It also said China would "improve the new system for mobilizing resources nationwide to make key technological breakthroughs." The readout affirmed Beijing's commitment to balancing development with ensuring national security, and did not otherwise reveal policy changes. "I would highlight 'innovation and managed markets' as the top two keywords in the Third Plenum," Xu said. Regarding the latest plenary meeting, "we think any market-oriented reform will be measured and carried out insofar as it doesn't compromise national security," Xu said.

Persons: Hector Retamal, Liqian Ren, Tianchen Xu, Xu, Biden Organizations: AFP, Getty, BEIJING —, Communist Party's, Economist Intelligence Unit Locations: Beijing, China, WisdomTree, U.S

☆ Vietnam Communist Party chief Trong dies at 80, state media says
▼ + stars: | 2024-07-19 | by ( ) www.cnbc.com time to read: 1 min

Vietnamese Communist Party General Secretary Nguyen Phu Trong looks on as he is received by Russian President Vladimir Putin during talks with on September 6, 2018 in Sochi, Russia. Vietnam's Communist Party chief Nguyen Phu Trong has died, state media said on Friday, after holding the country's most powerful position for more than a decade. State media, citing information from Trong's medical team, said he died early afternoon on Friday "after a period of illness". Vietnam's President To Lam took over Trong's duties on Thursday when the party announced Trong needed to focus on medical treatment.

Persons: Nguyen Phu Trong, Vladimir Putin, Lam, Trong Organizations: Communist Party General, Vietnam's Communist Party Locations: Sochi, Russia

☆ Could a Trump-Vance win reshape America’s relationship with China – and Taiwan?
▼ + stars: | 2024-07-18 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Vance was swift to name China the “biggest threat to our country,” in an interview with Fox News Monday as the RNC got underway. He’s made countering what Washington says is a security threat from China a cornerstone of his foreign policy, even as he’s worked to stabilize communications with Beijing. And Beijing – which is grappling with its own economic woes – may be preparing for more friction if Trump takes office. The substance of Biden’s China policy – in terms of sanctions, tariffs and competition – has not been that different from Trump’s, she noted, and Biden has been keener on strengthening alliances and coalitions to counter China together. “But the style of Biden’s China policy is more predictable and stabilizing.

Persons: Donald Trump, JD Vance, Vance, Joe Biden, “, ”, ” Vance, Trump, China –, That’s, ’ Vance, Sergey Lavrov, Vance doesn’t, Marco Rubio, Xi Jinping, He’s, he’s, ” Brian Wong, Qilai Shen, Biden, They’ve, Cho Jung, ” Cho, Yun Sun, –, keener Organizations: Hong Kong CNN, Republican, Republican National Convention, Chinese Communist Party, Foreign, Trump, NATO, Ukraine, Fox News, RNC, University of Hong Kong’s, Contemporary, of, People, Bloomberg, Getty, Communist Party, Bloomberg Businessweek, US, China’s Foreign Ministry, Stimson Center, World Trade Locations: Hong Kong, Ohio, Washington, China, Asia, Beijing, Europe, Ukraine, Russia, Russian, America, Florida, Contemporary China, Taiwan, Taipei, Taiwan Strait, Japan, South Korea, US

☆ JD Vance blames U.S. wage losses on China's efforts to build its middle class
▼ + stars: | 2024-07-18 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — U.S. presidential hopeful Donald Trump's new running mate JD Vance stuck to a hard line on China in his first speech since being selected earlier in the week. "Together we will protect the wages of American workers and stop the Chinese Communist Party from building their middle class on the backs of American citizens," Vance said on the third night of the Republican National Convention. He also called for more factories in the U.S. and restrictions on foreign workers, but did not name specific actions. As the current Ohio Senator, Vance proposed in September a legislation for promoting gas and hybrid-powered cars made in the U.S. and canceling electric car subsidies. The ruling Communist Party of China has been increasingly focused on developing advanced manufacturing and said one of its goals for the year 2035 is to "substantially grow the middle-income group as a share of the total population."

Persons: Donald Trump's, JD Vance, Vance, Trump, — Organizations: Chinese Communist Party, Republican National Convention, Communist Party of Locations: Washington, Beijing, Taiwan, South China, BEIJING —, China, U.S, Ohio, Communist Party of China

☆ China's Communist Party removes ex-foreign, defence ministers from top body
▼ + stars: | 2024-07-18 | by ( ) www.cnbc.com time to read: +4 min

(Photo by Thomas Peter-Pool/Getty Images)China's Communist Party removed its former foreign and defence ministers, Qin Gang and Li Shangfu, from its Central Committee on Thursday during a meeting of its largest top decision-making body, state news agency Xinhua reported. Chinese President Xi Jinping has spearheaded a wide-ranging anti-corruption campaign since becoming leader of the Communist Party in 2012. Li Shangfu was ousted as defence minister last October without explanation, before being placed under a graft investigation. Agriculture minister Tang Renjian, 61, who has been under investigation for corruption since May, remains a member of the Central Committee. Three alternate Central Committee members were appointed as full members according to the communique: Anhui provincial Communist Party personnel boss Ding Xiangqun, Sichuan provincial Communist Party personnel boss Yu Lijun and Beijing Normal University President Yu Jihong.

Persons: Foreign Affairs Josep Borrell, Qin Gang, Thomas Peter, Li Shangfu, Qin Gang's, Li Yuchao, Qin, Xi Jinping, Wei Fenghe, Tang Renjian, Ding Xiangqun, Yu Lijun, Yu Jihong, Ding Xingnong, Sun Jinming Organizations: Foreign Affairs, Foreign, Communist Party, Xinhua, Central, Central Committee, PLA Rocket Force, Liberation Army, State Council, Rocket Force, PLA, Committee, Anhui provincial Communist Party, Beijing Normal University, PLA Rocket, Former Central Committee Locations: Beijing, China, Anhui, Sichuan

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