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☆ Blinken meets China’s top diplomat in Laos as global giants keep communication lines open
▼ + stars: | 2024-07-27 | by ( Nectar Gan | Kylie Atwood | ) edition.cnn.com time to read: +6 min

Russia’s invasion of Ukraine, as well as China’s increasingly assertive moves in the South China Sea and threats toward Taiwan, have in recent years soured the Washington-Beijing relationship. In contrast, both Putin and Russia’s top diplomat Sergei Lavrov have been greeted in Beijing multiple times since the invasion. against a backdrop of increasingly violent clashes between Manila and Beijing in the South China Sea. “We are pleased to take note of the successful resupply today of the Second Thomas Shoal, which is the product of an agreement reached between the Philippines and China,” Blinken said. His running mate JD Vance has advocated halting military aid to Ukraine in favor of focusing on Taiwan’s defense.

Persons: Antony Blinken, Blinken, Wang Yi, Joe Biden’s, China’s, Xi Jinping’s, Russia’s Vladimir Putin, Wang, Dmytro Kuleba, Beijing “, ”, Putin, Sergei Lavrov, Kuleba, Lavrov, Russia …, “, ” Lavrov, Ferdinand Marcos Jnr, Beijing’s, Shoal, Thomas, ” Blinken, Biden, Donald Trump, JD Vance, Kamala Harris Organizations: Hong Kong CNN, United, Foreign, ASEAN, Laos –, North American Aerospace Defense Command, NATO, Ukraine, European Union, Ukrainian Foreign, South China, Republican, Democratic Locations: Hong Kong, China, Laos, Asia, Vietnam, Japan, Philippines, Singapore, Mongolia, Ukraine, South, Taiwan, Washington, Beijing, Alaska, Russia, Moscow, Russia’s, Southeast Asia, South Korea, Manila, South China

☆ US Defense Secretary Austin to hold trilateral meeting with Japanese, South Korean counterparts in Tokyo, first in 15 years
▼ + stars: | 2024-07-27 | by ( Philip Wang | ) edition.cnn.com time to read: +2 min

CNN —US Defense Secretary Lloyd Austin will hold a trilateral meeting with his Japanese and South Korean counterparts in Tokyo on Sunday local time, the first of its kind in 15 years, a senior US defense official said. The trilateral meeting came nearly one year after President Joe Biden held the first stand-alone summit with Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol at Camp David in August 2023. “We’ve made enormous progress, trilateral since the Camp David summit, with early warning missile data sharing real time with a trilateral exercise plan,” the US senior defense official said. There is no intention to integrate Japanese forces into the US commands, according to the official. And they’ll be doing that side by side with Japanese forces like never before.”

Persons: Lloyd Austin, Joe Biden, Fumio Kishida, Yoon Suk, David, Kishida, “ We’ve, Austin, ” Organizations: CNN, US, Korean, Japanese, South, ’, US Forces Japan, USF, Operations Command, Pacific Command, 5th Air Force Locations: Tokyo

☆ Don’t help Russia evade sanctions, Ukraine tells Hong Kong
▼ + stars: | 2024-07-26 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Ukraine’s Foreign Minister Dmytro Kuleba urged Hong Kong to prevent Russia from using the Asian financial hub to bypass Western sanctions during a visit to the city on Thursday. Kuleba “called on the Hong Kong administration to take measures to prevent Russia and Russian companies from using Hong Kong to circumvent the restrictive measures imposed for Russia’s aggression against Ukraine,” according to a statement from Ukraine’s Foreign Affairs Ministry issued after the minister met with Hong Kong leader John Lee. “These restrictive measures are necessary to weaken Russia’s capacity to wage war and kill people in Ukraine,” it added. In a statement, a spokesperson for the Hong Kong government told CNN on Friday that it “implements and strictly enforces” United Nations Security Council (UNSC) sanctions. However, international companies based in Hong Kong, including Chinese banks, have generally adhered to US sanctions to avoid any risk of being frozen out of the dollar dominated global financial system.

Persons: Hong Kong CNN —, Dmytro Kuleba, “, Hong, John Lee, Hong Kong, Wang Yi, ” Kuleba, Wang Organizations: Hong Kong CNN, Hong Kong CNN — Ukraine’s, European Union, Hong, Ukraine’s Foreign Affairs, CNN, ” United Nations Security Council, UN, Assembly, UNSC, EU, Ukrainian Foreign Ministry, Kyiv, Beijing Locations: China, Hong Kong, Russia, United States, Ukraine, Russian, United Kingdom, Hong, Beijing, Moscow, Western, Guangzhou, Ukrainian

☆ 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’s hosting Palestinian and Ukrainian delegations this week. But can it play peace broker in global conflicts?
▼ + stars: | 2024-07-25 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Hong Kong CNN —China’s top diplomat Wang Yi has had a busy week in which two devastating conflicts have loomed large. Kuleba’s visit was the first time in the nearly 29 months of Russia’s war on Ukraine that a high-level Ukrainian official has visited China. Official statements from Beijing and Kyiv after Wednesday’s Wang-Kuleba talks gave no indication that the Ukrainian diplomat had swayed Beijing toward Kyiv’s vision for peace. Observers say Beijing could, at some point, play a role in any potential future talks, but is unlikely to shift its relationship with Russia. But it was met with some skepticism from observers in the region given the failure of past attempts at unity.

Persons: Hong Kong CNN —, Wang Yi, Wang, Fatah, Dmytro Kuleba –, –, Kuleba, Beijing “, ” Wang, ”, Steve Tsang, Kuleba’s, Vladimir Putin, Volodymyr Zelensky, “, Zelensky, Russia ”, Antony Blinken, Mahmoud al, Mussa Abu Marzuk, Pedro Pardo, Beijing’s, Wednesday’s Wang, ” Kuleba, Xi, Chong Ja Ian, Donald Trump, Trump’s, JD Vance, ” Chong, Jonathan Fulton Organizations: Hong Kong CNN, Hamas, Ukrainian, SOAS China Institute, University of London, Beijing, NATO, Central Committee, Fatah, China's, Getty, Foreign Ministry, Ukrainian Foreign Ministry, Kyiv, Observers, West, National University of Singapore, Republican, Global, ”, Palestinian, US State Department, West Bank ”, Atlantic Locations: China, Hong Kong, Beijing, Gaza, Ukraine, Russia, United States, Russian, Kyiv, Laos, AFP, Guangzhou, Ukrainian, Moscow, China’s, ” Russia, India, Brazil, Israel

Typhoon Gaemi was weakening as it churned toward mainland China on Thursday, hours after the storm’s powerful winds and heavy rains submerged roads and forced the suspension of hundreds of flights in nearby Taiwan. The tropical cyclone made landfall on Taiwan on Wednesday night with wind speeds equivalent to those of a Category 3 hurricane in the Atlantic Ocean, according to the Joint Typhoon Warning Center, a U.S. Navy forecasting organization. As of Thursday the storm had killed at least six people in Taiwan and the Philippines. Gaemi was moving across the Taiwan Strait early Thursday afternoon. It was expected to make landfall in the southeastern Chinese province of Fujian in the late afternoon or evening with the force of a Category 1 hurricane.

Persons: Gaemi Organizations: Typhoon, U.S . Navy Locations: China, Taiwan, U.S, Philippines, Taiwan Strait, Chinese, Fujian

☆ China aims to control dairy, beef output as weak sales hit prices
▼ + stars: | 2024-07-25 | by ( ) www.cnbc.com time to read: +1 min

Farmers and herdsmen are trading beef cattle at a wholesale market for agricultural and livestock products in Ordos, Inner Mongolia, China, on Dec. 8, 2023. China plans to implement measures to help dairy and beef producers limit production to prevent prices from falling further, an agriculture official said on Wednesday, adding to existing rules on pork producers as meat consumption declines. The prices of pork, beef, dairy and poultry are falling in the world's largest meat consumer as shoppers, grappling with a slowing economy, scale back on purchases. This downturn in demand follows an increase in production by the livestock industry, especially pig farmers. Wang said the livestock market was well supplied, leading to low prices.

Persons: Wang Lejun, Wang Organizations: Animal Locations: Ordos, Inner Mongolia, China

☆ China just made another audacious bid to challenge the US as a key Middle East power broker
▼ + stars: | 2024-07-24 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Read previewIn the nine-month war between Israel and Hamas, an unlikely nation has emerged as a key power broker in the Middle East: China. Reconciling the groups with an eye to building a postwar Palestinian government is a diplomatic coup for Beijing, after years of trying to position itself as a power broker in the Middle East. China challenges US might in the Middle EastIn the last few years, China has challenged US influence in the Middle East. In 2023, it helped broker a restoration of diplomatic relations between Iran and Saudi Arabia after decades of proxy conflict. "China also doesn't want to sacrifice much to advance any of its interests in the Middle East," Jon Alterman, an analyst with the Center for Strategic and International Studies, told the US Congress in April.

Persons: —, Fatah, Wang Yi, It's, Ali Wyne, Aaron David Miller, Wyne, Jon Alterman Organizations: Service, Hamas, Reuters, Business, PLO, West Bank, Crisis, Palestinian, Center for Strategic, International Studies Locations: Israel, East, China, Beijing, Gaza, Fatah, Washington, Iran, Saudi Arabia, Saudi, States

☆ Ukraine Presses China to Help Seek End to War With Russia
▼ + stars: | 2024-07-24 | by ( Alexandra Stevenson | Constant Méheut | ) www.nytimes.com time to read: +1 min

Ukraine’s top diplomat met with China’s foreign minister on Wednesday in talks that signaled Kyiv’s increased willingness to pursue a diplomatic solution to the war with Russia and to have China play a more central role in the effort. “I am convinced that a just peace in Ukraine is in China’s strategic interests,” Dmytro Kuleba said in a statement after a meeting with Wang Yi, the Chinese official, in the southern Chinese city of Guangzhou. “China’s role as a global force for peace is important.”Mr. Kuleba made clear that Ukraine attached conditions to such negotiations, saying it would only engage Russia when Moscow was “ready to negotiate in good faith.” He added: “No such readiness is currently observed on the Russian side.”Mr. Kuleba is visiting China for the first time since Russia’s invasion of Ukraine in February 2022. His trip comes as Ukraine is slowly losing ground in the war and faces growing uncertainty about the level of support it will have from the West. Moscow and Kyiv briefly held peace talks in the spring of 2022 but they quickly broke down over critical issues.

Persons: Kyiv’s, ” Dmytro Kuleba, Wang Yi, “, Mr, Kuleba Locations: Russia, China, Ukraine, Guangzhou, Moscow, West, Kyiv

☆ Gold prices climb as investors focus on U.S. economic data
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: +2 min

Gold prices inched higher on Wednesday, with investors awaiting U.S. economic data that could influence the Federal Reserve's rate-cut timeline. Gold prices inched higher on Wednesday, with investors awaiting U.S. economic data that could influence the Federal Reserve's rate-cut timeline. Bullion prices scaled an all-time high of $2,483.60 last week amid rising bets of rate cuts. Spot gold may break resistance at $2,417 and bounce further to $2,432, according to Reuters technical analyst Wang Tao. "Growth estimates in photovoltaic panel usage have been markedly revised higher, resulting in silver demand draws far exceeding supply.

Persons: Tim Waterer, KCM, Wang Tao Organizations: ANZ, Management Locations: India

☆ Palestinian rivals Hamas and Fatah sign reconciliation agreement in China
▼ + stars: | 2024-07-23 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

China's Foreign Minister Wang Yi on July 23 hailed an agreement by 14 Palestinian factions to set up an "interim national reconciliation government" to govern Gaza after the war. Rival Palestinian factions Hamas and Fatah agreed to end their long-standing enmity and work to form a national unity government following talks held in China, Chinese state media reported Tuesday. "On the morning of July 23, the closing ceremony of the reconciliation dialogue among Palestinian factions was held in Beijing. In the months since, Israel's retaliatory assaults on the Gaza Strip have killed nearly 39,000 Palestinians there, according to health authorities in the enclave. Fatah, formally called the Palestinian National Liberation Movement, is led by Mahmoud Abbas, the President of the Palestinian Authority (PA).

Persons: Mahmoud al, Fatah, Wang Yi, Mussa Abu Marzuk, CGTN, Mahmoud Abbas Organizations: Central Committee, China's, Hamas, CNBC, Palestinian, West Bank, U.S, Reuters, Palestinian National Liberation Movement, Palestinian Authority, West Bank — Locations: Palestinian, Diaoyutai, Beijing, Gaza, China, Beijing ., Weibo, Fatah, Israel, Hussam

☆ Taiwan stole America’s chip industry according to Trump. But that’s not true
▼ + stars: | 2024-07-23 | by ( Wayne Chang | ) edition.cnn.com time to read: +7 min

Industry experts tell CNN that, far from stealing, Taiwan grew its own semiconductor industry organically through a combination of foresight, hard work and investment. The only possible strength that Taiwan had, and even that was a potential one, not an obvious one, was semiconductor manufacturing,” he said. Billionaire Morris Chang, chairman and founder of Taiwan Semiconductor Manufacturing Company, in Hsinchu, Taiwan, on October 6, 2017. It now produces more than 90% of the world’s advanced chips, according to the Semiconductor Industry Association. “Taiwan has very good tech talent and an environment for research, development and investment.

Persons: Donald Trump, Morris Chang, Chang, “, ”, Billionaire Morris Chang, Wang, Christopher Miller, Miller, TSMC, ” Konrad Young, ” Young, Cho Jung, ” Cho, Trump, Trump’s, Joe Biden, Young Organizations: Taiwan CNN — Former, Bloomberg Businessweek, Republican, Industry, CNN, Taiwan Semiconductor Manufacturing, Intel, Motorola, Texas, Computer, Taiwan Semiconductor Manufacturing Company, Bloomberg, Getty, Semiconductor Industry Association, Technology, Samsung Electronics, US, Trump Locations: Taipei, Taiwan, United States, Mountain View , California, Hsinchu, Washington, “ Taiwan, China, ”, South Korea, Arizona

☆ 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

The two main rival Palestinian factions, Fatah and Hamas, signed a joint statement in Beijing on Tuesday that endorsed, in concept, a temporary government for the Gaza Strip and the Israeli-occupied West Bank, in a grand show of unity brokered by China’s foreign ministry. Smaller Palestinian groups also signed the statement. For China, the agreement represents an opportunity to promote an image of Beijing as a peace broker and an important player in the Middle East. Mahmoud al-Aloul, the deputy leader of Fatah, showered praise on China for standing beside the Palestinian people. Both men posed for photos with Wang Yi, China’s foreign minister, in an ornate hall in Beijing.

Persons: Fatah, Mousa Abu Marzouk, Mahmoud al, Wang Yi Organizations: Gaza, West Bank, Hamas Locations: Beijing, China

☆ Hamas and Fatah sign agreement in Beijing ‘ending’ their division, Chinese state media says
▼ + stars: | 2024-07-23 | by ( Simone Mccarthy | Isaac Yee | ) edition.cnn.com time to read: +5 min

CNN —Palestinian factions including rivals Hamas and Fatah have signed an agreement on “ending division and strengthening Palestinian unity,” Chinese broadcaster CCTV said Tuesday, following a deal brokered by China. There is a long history of bitter enmity between Hamas in Gaza and Fatah. Israel launched its military operations in Gaza following Hamas’ October 7 attack that killed more than 1,100 people and saw roughly 250 others kidnapped. Around 39,000 Palestinians have died in Israel’s war in Gaza that has triggered a mass humanitarian crisis and widespread destruction. Hamas and Fatah signed a reconciliation agreement in Cairo in October 2017 under pressure from the Arab states, led by Egypt.

Persons: Fatah, Wang Yi, ”, ” Wang, Mousa Abu Marzook, “, ” Abu Marzook, –, Xi Jinping, Benjamin Netanyahu, Israel, ’, Rami Hamdallah Organizations: CNN, Hamas, PLO, Palestine Liberation Organization, Palestinian Authority, West Bank, China’s Foreign Ministry, Palestinian Locations: China, Beijing, Israel, Gaza, Oslo, Fatah, United States, Cairo, Egypt

☆ China surprises with cuts to key rates to support weak economy
▼ + stars: | 2024-07-22 | by ( ) www.cnbc.com time to read: +3 min

China surprised markets by lowering a key short-term policy rate and its benchmark lending rates on Monday, in efforts to boost growth in the world's second-largest economy. Minutes later, China cut benchmark lending rates by the same margin at the monthly fixing. Following the rate cuts, China's yuan dropped to a near two-week low of 7.2750 per dollar before paring some losses. He expects more rate reductions in China after the Fed enters its rate cut cycle. China's rate cuts are aimed at "strengthening counter-cyclical adjustments to better support the real economy," the PBOC said in a statement.

Persons: Larry Hu, Ju Wang, Zhang Zhiwei, Pan Gongsheng Organizations: People's Bank of, People's Bank of China, Macquarie, Greater China FX, BNP, Federal Reserve, Xinhua, Fed Locations: People's Bank of China, Beijing, 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 economy and employment: People who used to work for major tech giants are now doing manual labor
▼ + stars: | 2024-07-20 | by ( Chris Lau | Hassan Tayir | ) edition.cnn.com time to read: +8 min

Li, 27, is part of a growing base of Chinese workers swapping high-pressure office jobs for flexible blue-collar work. But these firms are slowly losing their appeal as China’s economy faces headwinds including a property crisis, declining foreign investment and slumping consumption. The trend to move from professional to manual jobs comes amid surging demand for blue-collar workers, according to Chinese recruitment platform Zhaopin. And blue-collar workers’ pay has also gone up, attracting more people to jobs they might have previously avoided. Pressure of another kindBut some wonder if blue-collar work is truly the stress-free refuge people like Li and Wang imagine it to be.

Persons: Hong Kong CNN — Leon Li, ”, Li, “, Alice Wang, Wang, –, Larry Hu, Zhang Yuxiao, David Goodman, commenter Organizations: Hong Kong CNN, CNN, National Bureau of Statistics, Workers, NBS, University of Sydney’s China Studies Centre Locations: China, Hong Kong, Hangzhou, Chengdu, –, Macquarie, Shanghai

☆ At Least 12 Dead and Dozens Missing After Highway Collapse in China
▼ + stars: | 2024-07-20 | by ( Keith Bradsher | ) www.nytimes.com time to read: +1 min

At least a dozen people were killed and many more remained missing on Saturday after part of a highway bridge collapsed Friday night amid heavy rain in western China. It was the second deadly episode in the country in less than three months involving the failure of a stretch of highway. State media reported early Saturday afternoon that 12 bodies and seven vehicles had been found, and that one person had been rescued. A photograph released by the official Xinhua news agency on Saturday showed how a bridge in one direction of the highway had snapped. A separate bridge that supported traffic in the other direction remained standing.

Persons: Wang Xiangxi Organizations: Xinhua, Ministry of Emergency Management Locations: China

Chinese President Xi Jinping and former U.S. President Donald Trump in Beijing, China, in 2017. "So this is not going to be a sustainable driver of growth for China." China's exports to the U.S. rose by a modest 1.5% in the first half of the year. Citi forecasts 5.0% growth in real GDP growth for China this year. UBS forecasts 4.9% growth for China's economy this year.

Persons: Xi Jinping, Donald Trump, Artyom Ivanov, Goldman Sachs, Trump, JD Vance, Hui Shan, CNBC's, Janet Yellen, Vance, Biden, Mike Pence wouldn't, MAGA, Lin Jian, Goldman's Shan, Shan, Tao Wang Organizations: TASS, Getty, BEIJING, U.S, European, Citi, Fox News, Trump, Capitol, China's Ministry of Foreign Affairs, CNBC, UBS Investment Bank, UBS Locations: Beijing, China, U.S, European Union, Asia, Ukraine

☆ The new phase of the US-China tech war risks a whole lot of collateral damage
▼ + stars: | 2024-07-18 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Although the company doesn't sell its high-tech lithography machines to China, it does sell a whole lot of other products to Chinese companies. ReutersIt's unclear then if Biden's planned measures would cause more damage to China or ASML. Of course, this is the main piece of ASML tech that Washington wouldn't want China to have access to. Curbing China's access to Western tech is key if the US is serious about holding onto its technology leadership.

Persons: —, Biden, ASML, Biden's, Xi Jinping, Mark Rutte, Wang Gang, Donald Trump, Trump, JD Vance, It'll Organizations: Service, Bloomberg, Business, Reuters, Washington, Huawei, Nvidia Locations: US, China, Tokyo, Eindhoven, The Netherlands, Dutch, Beijing, Taiwan, America, TSMC, Arizona

☆ Tiger testicles and mythical banquets: What China’s emperors inside Beijing’s secretive Forbidden City really ate
▼ + stars: | 2024-07-16 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +21 min

CNN —The Forbidden City was once one of the most powerful places on the planet. It was called the ‘Forbidden City’ because few Chinese subjects were allowed to enter. Ancient tableware from the Forbidden City is on display at the Hong Kong Palace Museum. “The majority of (the emperors) grew up in a highly disciplined environment,” says Wang of the Hong Kong Palace Museum. Now popular worldwide, Peking duck was regularly served at Empress Dowager Cixi's Forbidden City banquets.

Persons: Zhao Rongguang, Bin Xiao Zhao, Deng Xiaoping, Beijing . Zhao, wasn’t, Zhao, Kangxi Emperor, VCG Wilson, Kangxi, ”, Qianlong Emperor, Giuseppe Castiglione, –, Qianlong, Daisy Yiyou Wang, Maggie Wong, Nicole Chiang, ” Chiang, Chiang, Emperor Qianlong, it’s, “, ” Zhao, It's, didn’t, Wang, Dowager Cixi, Empress Dowager Cixi –, Cixi, China’s, Han Quan Xi, ’ ”, Dowager, Tian, Yan ”, suckling, Tian An Yan, Leah Abucayan Organizations: CNN, Historical, of China, Beijing's, Hong Kong Palace Museum, Hong, Forbidden, Hong Kong, Museum, Everett, Communists, China Import, Fair, Communist Locations: Europe, Beijing, China, Chinese, Heilongjiang, Paris, Beijing ., Prosperity, Netherlands, Italian, City, Hong Kong, It’s, Beijing’s, Forbidden City, Jiangnan, Hangzhou, Shanghai, Mongolia, Qianlong, Guangzhou, Japan, East Asia, Peking, Imperial

☆ A trainer-heiress power couple created the fitness juggernaut Pvolve. Then came a divorce, an arrest, and Jennifer Aniston.
▼ + stars: | 2024-07-16 | by ( Kate Taylor | ) www.businessinsider.com time to read: +43 min

Around the dinner table in the early 2000s, David Katzman would quiz his kids about their dream startups. ModelFit employees told BI that Gelband used the Pelvicore Pro only with the permission of its creator, the physical therapist Christina Christie. Once, in October 2018, David Katzman met with Facebook's ad team to discuss SDC's before-and-after advertisements, which violated the tech company's policies. SDC employees worked on Pvolve marketing campaigns, and Pvolve employees took trips on David Katzman's jet. "He didn't come from anything, and he spent years and years building up the business," the person close to Pasterino told BI.

Persons: Stephen Pasterino, Pasterino, he'd, hadn't, Rachel Katzman, who'd, Katzman, Pvolve, Jennifer Aniston, David Katzman, bankrolled, —, Laura Quintana, Stephen, Erik Connolly, Connolly, John Mayer, Nietzsche, Dan Gilbert, David, Gilbert, Usher, Jordan, decanting, Justin Gelband, ModelFit, Taylor Swift, Gelband, Vanessa Packer, Bryan Bedder, we'll, didn't, Woody Allen's, Vera Wang, Katzman's, I've, Cynthia Hannah, Blanca Padilla, Pasterino's, Justin Gelband's, Tracy Anderson's, cofounders, Packer, Christina Christie, Christie, Jordan Katzman, David Katzman's, Camelot, Julie Cartwright, Pvolve's, Cartwright, Hannah Bronfman, Nadine Leopold, Tim P, Pvolve didn't, Quintana, Rachel, SmileDirectClub, Jamie Dimon, Olivia Culpo, Craig Barritt, Bethenny Frankel, Madelaine Petsch, Lola tampons, They'd, Mara, ThreeForm, loaning, Hannah, Christie Brinkley, Monica Schipper, she'd, Rebecca Minkoff, Lindsay Pinchuk, Pamela, couldn't, Kathryn Delacruz, Madison Krause, Krause, Delacruz, " Krause, Pvolve's attorney's, Aniston's, Aniston, Jennifer, Jennifer Aniston's, Connelly, SDC's cofounders, — Pasterino, ThreeForm hasn't, Sarah VanZalen, there's, Erewhon, WWD, Tim Michaels, franchisors, Michaels, they've, Aperol Organizations: SoHo, Pvolve, Los Angeles ., Depot, DeeKay Enterprises, Quicken Loans, Cleveland Cavaliers, Camelot Venture Group, New, ModelFit, GQ, Getty, Hamptons, Beverly Hills Hotel, Cosmopolitan, BI, Gray Institute, SDC, Camelot, Lionsgate, Facebook, Whitby, Ventures, . Press, Miss, Employees, Naboisho Conservancy, Katzman's, Southampton, Pvolve Facebook, LinkedIn, Health, Forbes, Workers, Industry Locations: Pvolve, New York, Chicago, Los Angeles, Hammonton , New Jersey, Atlantic City, Jersey Shore, Franklin , Michigan, Michigan, Detroit, Las Vegas, Beverly, SoHo, Ibiza, France, Paris, Vogue, California, ModelFit, Covent, London, Riverdale, New Jersey, Pasterino, Italy, Kenya, Naboisho, Nashville, San Diego, New York City, shuttering, Ann Arbor , Michigan, ThreeForm, Angeles, Malibu

Israel and Egypt have privately discussed a possible withdrawal of Israeli soldiers from Gaza’s border with Egypt, according to two Israeli officials and a senior Western diplomat, a shift that could remove one of the main obstacles to a cease-fire deal with Hamas. After more than nine months of war in the Gaza Strip, the discussions between Israel and Egypt are among a flurry of diplomatic actions on multiple continents aimed at achieving a truce and putting the enclave on a path toward postwar governance. Officials from both Hamas, which ruled Gaza before the war, and Fatah, the political faction that controls the Palestinian Authority, said Monday that China will host meetings with them next week in an effort to bridge gaps between the rival Palestinian groups. And Israel is dispatching its national security adviser, Tzachi Hanegbi, to Washington this week for meetings at the White House, according to a statement from the Israeli prime minister’s office.

Persons: Fatah, Tzachi Organizations: Hamas, Palestinian Authority, White Locations: Israel, Egypt, Gaza’s, Western, Gaza, China, Washington

☆ China’s biggest policy meeting in six years kicks off this week. How investors can play it
▼ + stars: | 2024-07-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

The more dire predictions for China's highly anticipated "Third Plenum" that kicks off Monday hint at constraining the financial sector, despite slowing economic growth. Policy has long been an important guide for investors in China's top-down economy. The official English summary listed four measures, the third of which called for developing the "real economy," and "guarding against a shift from the real economy toward the financial economy." Goldman Sachs on July 11 published a lengthy report on China solar in anticipation the industry is nearing a bottom. One of the Goldman Sachs analysts' newly initiated, buy-rated China solar stocks is Daqo New Energy , a U.S.-listed manufacturer of polysilicon for solar power companies.

Persons: it's, Dan Wang, Han Wenxiu, Goldman Sachs, bode, Jacqueline Du, Daqo, Si Fu, Wang Organizations: Hang Seng Bank, ” Finance, Central Committee's Office, Financial, Economic Affairs, CNBC, Communist Party's, Committee, Bank of America, Energy, Goldman Locations: China, Beijing, China's, U.S, Shanghai

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