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☆ 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

☆ Live Election Updates: Trump to Close Convention in Full Control of His Party
▼ + stars: | 2024-07-18 | by ( Jim Rutenberg | ) www.nytimes.com time to read: +22 min

For the last eight years, President Trump has given everything he has to fight for the people of our country. And then President Trump flew to Milwaukee and got back to work. A leader who rejects Joe Biden and Kamala Harris’s Green New Scam and fights to bring back our great American factories. President Trump represents America’s last best hope to restore what — if lost — may never be found again. And every single day for the next four years, when I walk into that White House to help President Trump, I will be doing it for you.

Persons: Vance, Trump, Donald Trump, Corey Comperatore, Don, Eric squirmed, I’ve, Joe Biden, Joe, ”, Donald J, Biden, Mamaw, “, We’ve, who’s, Kamala Harris’s, —, I’m, Usha, Ewan who’s, Vivek who’s, America’s, It’ll, Trump’s, Mamaw couldn’t, That’s, Kamala Harris, he’s, Joe Biden’s, ” We’re, “ Honey, it’s, that’s Organizations: Michigan, America, United States Senate, Republican Party of, NAFTA, China, United States Marines, Fi, The Ohio State University, I’m, Ohio State, Yale Law School, Trump, Mirabel, Social Security, Iraq, Washington, Workers, Chinese Communist Party, ISIS, United, Republican Party Locations: Milwaukee, Ohio, America, Pennsylvania, United States of America, Middletown , Ohio, Washington, Mexico, Iraq, Michigan, New York City, American, Afghanistan, Wisconsin, China, U.S.A, Eastern Kentucky, Appalachia, Ohio , Pennsylvania, that’s Kentucky, United States, Kentucky, Michigan , Wisconsin , Pennsylvania

☆ Live Election Updates: Trump to Close G.O.P. Convention in Full Control of His Party
▼ + stars: | 2024-07-18 | by ( Jim Rutenberg | ) www.nytimes.com time to read: +22 min

☆ Vietnam Communist Party chief hands power to president as he undergoes medical care
▼ + stars: | 2024-07-18 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Reuters —Vietnam’s President To Lam has taken over the duties of Communist Party chief Nguyen Phu Trong who is focusing on an unspecified treatment for his health, the party said on Thursday. The party’s powerful Politburo has tasked him with presiding over “the work of the Party Central Committee, the Politburo and the Secretariat,” according to a statement from the party’s central office. Though Vietnam officially has no paramount ruler, the party chief holds the most powerful position in the Communist-ruled nation. Vietnam's Communist Party General Secretary Nguyen Phu Trong at the Communist Party of Vietnam Headquarters in Hanoi, Vietnam on September 10, 2023. In a surprise move, the Politburo awarded Trong on Thursday with the Gold Star medal, the country’s highest honor for public officials.

Persons: Reuters —, Lam, Nguyen Phu Trong, Trong, Evelyn Hockstein, “, Lam’s, ” Organizations: Reuters, Communist Party, Party Central Committee, Vietnam's Communist Party General, Communist Party of, Marxist, Gold Locations: Vietnam, Communist, Communist Party of Vietnam, Hanoi , Vietnam, China, Hanoi, Western

☆ 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

☆ CNBC Daily Open: Trump assassination attempt
▼ + stars: | 2024-07-15 | by ( Abid Ali | ) www.cnbc.com time to read: +4 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Trump assassination attemptThe attempted assassination of former President Donald Trump at a rally in Pennsylvania on Saturday left one attendee and the gunman dead, and two more attendees in critical condition. Trump was grazed by a bullet and treated at a local hospital, but released late Saturday night. Dimon inflation warningJPMorgan Chase CEO Jamie Dimon has warned that inflation and interest rates may remain high despite recent easing in price pressures.

Persons: Trump, Donald Trump, Thomas Matthew Crooks, Larry Hu, CNBC's Evelyn Cheng, Russell, CNBC's Michael Santoli, Wiz, Jamie Dimon, Dimon Organizations: CNBC, FBI, NBC, Macquarie, Communist Party of, Dow, Dow Jones, Depot, Caterpillar, Big Tech, Nasdaq, Wiz, Wall Street Journal, Sequoia Capital, Insight Partners, U.S Locations: Pennsylvania, Bethel Park, Pa, China's, Beijing, China, Communist Party of China, Israeli

☆ China Is Holding a Major Meeting on the Economy That You Can’t Watch
▼ + stars: | 2024-07-15 | by ( Chris Buckley | Keith Bradsher | ) www.nytimes.com time to read: +1 min

Xi Jinping, China’s leader, and 370 or so other Communist Party officials are meeting in Beijing this week, away from the public eye, to review a plan intended to shake the world’s second-biggest economy out of its malaise. Mr. Xi will sit in the front of a conference hall, most likely in the Jingxi Hotel, a 60-year-old institution with Soviet-style architecture. The party loyalists arrayed before him are near certain to acclaim his plans during the four-day meeting that started Monday and will consider a draft proposal on “further comprehensively deepening reform.”Chinese media have sought to create a buzz around Mr. Xi’s plans, but the real test may come later, as any changes in policy filter through the layers of government. Success or failure will largely turn on whether Mr. Xi is able to win renewed confidence from the Chinese population, as well as foreign investors who have grown disenchanted with his policies. China’s businesses and consumers have suffered in recent years through stumbling growth, a property sector meltdown and a blight of debt among local governments.On Monday morning, China released data that showed a sharp slowdown in economic growth.

Persons: Xi Jinping, Xi, “, Xi’s Organizations: Communist Party Locations: Beijing, China

☆ 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

☆ China third plenum: Communist Party meets to set direction for troubled economy
▼ + stars: | 2024-07-14 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Stakes are high for the meeting, which takes place every five years and is known as China’s third plenum. It has historically been a platform for the party’s leadership to announce key economic reforms and policy directives. China’s gross domestic product expanded by 4.7% in the April to June months, compared to the previous year. But observers of China’s opaque political machine don’t believe there will be fundamental economic reforms this time around. Uncompleted residential buildings at a real estate project on the outskirts of Shenyang in China's Liaoning province earlier this year.

Persons: Hong Kong CNN —, Xi Jinping, Xi, , Xi’s, Andrea Verdelli, They’ll, ”, Neil Thomas, Jing Qian, Li Shangfu, Qin Gang, Li Yuchao, Xu Zhongbo Organizations: Hong Kong CNN, Communist Party, West, Reuters, party’s Central, US, Congress, Bloomberg, Getty, Observers, ” Asia Society Center, China, Tech, EU, Central Committee, Foreign, People’s Liberation Army Rocket Force Locations: China, Hong Kong, Beijing, United States, Europe, party’s, Shenyang, China's Liaoning, China's Shandong

☆ China’s Economy Slows as Housing Troubles Squeeze Spending
▼ + stars: | 2024-07-14 | by ( Keith Bradsher | ) www.nytimes.com time to read: +1 min

China’s economy slowed markedly through the spring after a strong start this year, according to official data released on Monday, as a real estate crash caused consumers and companies to spend more cautiously. In a country known for strict controls on the flow of information, the Chinese government is maintaining a particularly tight grip ahead of the party gathering, known as the Third Plenum, which typically takes place every five years. China’s statistical bureau canceled its usual news conference that accompanies the release of economic data and Chinese companies are mostly avoiding the release of earnings reports this week. China’s National Bureau of Statistics said that the economy grew 0.7 percent in the second quarter over the previous three months, a little below the expectations of most economists in the West. When projected out for the entire year, the data indicates that China’s economy grew during the spring at an annual rate of about 2.8 percent — less than half its growth rate in the first three months of this year.

Organizations: Communist Party, China’s National Bureau of Statistics Locations: Beijing

☆ Cramer: Here are 5 stocks I would buy right now — plus 3 to keep your eyes on
▼ + stars: | 2024-07-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +18 min

In the meantime, we received some terrific feedback from members after revealing in late May five stocks we would buy right here, right now. So which stocks would I buy right now? And while we expect Monday may not be a good day for tech stocks — remember it is only day three of the rotation — you have to buy AMD before the tide turns back to tech. I said that Best Buy was much more than just a brick-and-mortar company and that its integrity was high. More importantly, like AMD, Best Buy is where people will try out a new AI PC.

Persons: We've, that's, Nvidia's Blackwell, Wells Fargo, Wells, Charlie Scharf, Charlie, Doug Braunstein, Fernando Rivas, Jamie Dimon, there's, Scharf, let's, Ed Breen, Breen, Dennis Kozlowski, Kozlowski, Medtronic, Dupont, China's, Peter Arduini, Wynn, Laxman Narasimhan, Howard Schultz, Laxman, Narasimhan, Schultz, Mellody Hobson, There's, Jim Cramer's, Jim Cramer, Jim, Pual Yeung Organizations: Dow Jones, Devices, Nvidia, Broadcom, Big Tech, AMD, Intel, PC, Microsoft, HP, Wells Fargo, JPMorgan, Costco, Gold, DuPont, Tyco, Tyco Electronics, Johnson Controls, GE Healthcare, Wynn, Starbucks, GE, Philips, Siemens, Management, Caesars, Las, Sands, Biden, Covid, Palestinian, McKinsey, PepsiCo, Jim Cramer's Charitable, CNBC, Wynn Resorts, Bloomberg, Getty Locations: Wells Fargo, Wells, U.S, Canada, Dupont, China, East Germany, Macau, Israel, Jewish, Gaza, Macao

☆ What it’s like to go to summer camp in North Korea
▼ + stars: | 2024-07-12 | by ( Will Ripley | ) edition.cnn.com time to read: +5 min

Yuri’s fascination with North Korea began with a TV documentary that portrayed the country as besieged by capitalist neighbors. This curiosity led him to join a “Solidarity with North Korea” group on VKontakte, Russia’s Facebook equivalent. Before the pandemic, the largest source of inbound tourists to North Korea wasn’t Russia – it was China. Video Ad Feedback Student who visited a North Korea children's camp reveals what happens there 03:02 - Source: CNNThe camp offered typical summer activities like beach outings and sandcastle-building competitions but also included peculiar rituals. Yuri Frolov’s story is a powerful reminder of the lengths to which North Korea will go to shape perceptions and cultivate loyalty.

Persons: Yuri Frolov, Frolov, Kim Il Sung, Kim Jong Il, I’ve, “, ”, wasn’t, Yuri Frolov’s Organizations: CNN, Democratic People’s, North Korea, Facebook, Songdowon, Communist Party, North Locations: Democratic People’s Republic, Korea, North, Solidarity, North Korea, Wonsan, North Korea’s, St, Petersburg, Vladivostok, Pyongyang, Moscow, Russia, China, Laos, Nigeria, Tanzania, United States, Burger, Communist, Korean

CNN —The jury has begun deliberating in the federal corruption trial against Sen. Bob Menendez and his co-defendants. Menendez and his co-defendants, New Jersey businessmen Wael Hana and Fred Daibes, are accused of participating in a yearslong bribery scheme. Prosecutors spent nearly seven weeks untangling the multiple corruption schemes that they allege Bob and Nadine Menendez and the co-defendants were involved in. Federal prosecutors structured their case by chapters, calling witnesses to testify about separate schemes allegedly brokered by the senator in tandem with his wife. During the trial, the senator’s lawyers called five witnesses, including his sister, sister-in-law and the attorney for a friend of Uribe.

Persons: Sen, Bob Menendez, Menendez, Wael Hana, Fred Daibes, Mercedes, Nadine Menendez, –, Bob, Hana, Jose Uribe, Uribe, Bob Menendez’s, Fidel Castro, Donald Trump’s, Joe, Andy Kim, Kim, Curtis Bashaw Organizations: CNN, New, New Jersey Democrat, Prosecutors, Mercedes Benz, Democratic, Republican Locations: New Jersey, Cuban, New York City, Cuba, Manhattan, Jersey, South Jersey

☆ China gears up for next week's Third Plenum meeting. Here's why real estate isn't likely the main focus
▼ + stars: | 2024-07-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

Bloomberg | Bloomberg | Getty ImagesBEIJING — China's real estate problems may be massive, but analysts expect the upcoming Third Plenum to focus on other areas — such as high local government debt levels and a push for advanced manufacturing. "For real estate markets, I don't think it should be a focus of the plenum, because it's already [in a] state that everyone has a consensus [on]," Wang said. watch nowIn his view, excessive growth of the financial sector was behind the hollowing out of the U.S. industrial sector. "Consequently we must constrain the financial industry, including real estate. That's the underlying reason for tightened regulations on both real estate and finance."

Persons: Larry Hu, Hu, Xi Jinping, Deng Xiaoping's, Dan Wang, She'll, it's, Wang, hasn't, Yao Yang, Yao, Goldman Sachs Organizations: Chinese Communist Party, Bloomberg, Getty, BEIJING, Communist Party of, Macquarie, CNBC, Central Committee, Communist Party, Party, President, Hang Seng Bank, HSBC, HSBC It's, Committee, China Center for Economic Research, Peking University, U.S, China Morning Post, Financial Regulatory Administration, World Bank, Big Data Locations: Communist Party of China, Beijing, China, United States, Big Data China

☆ Macron breaks his silence on France's election earthquake as post-vote deadlock continues
▼ + stars: | 2024-07-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

French President Emmanuel Macron broke his silence on the political earthquake that took place in France last weekend, calling on mainstream parties to work together to form a coalition government. In an open letter to regional newspapers on Wednesday, Macron said "no one won" the parliamentary election and called on mainstream parties with "republican values" to form a governing alliance. With just 180 seats, the NFP fell short of achieving an absolute majority of 289 in the 577-seat National Assembly, France's lower house of parliament. Macron's centrist 'Together' bloc came second in the ballot with 163 seats, and RN and its allies won 143 seats. They can reject the nomination of a party, if it's not seen to have enough seats to form a stable government.

Persons: Emmanuel Macron, Macron, France's, That's, Luc Mélenchon —, it's Organizations: CNBC, Front, NFP, National Assembly, French Communist Party, Socialist Party, Greens, France Unbowed Locations: France, Le Touquet

☆ Berlin Honors Earliest Settlers, Whose Bones Shared Their Secrets
▼ + stars: | 2024-07-10 | by ( Sarah Maslin Nir | ) www.nytimes.com time to read: 1 min

From under a parking lot in the center of Berlin, a team of archaeologists unearthed ancient human skeletons of nearly 4,000 forgotten dead from a bygone church cemetery paved over by a former Communist regime. In that time, scientists plumbed information from inside bones — some older than 1160 — and in between ancient teeth. They made startling discoveries, including that the city was inhabited nearly a century earlier than believed. But bones hold only so many secrets. They will rest in state in a museum, Petri Berlin, at the same place where they had been ignominiously blacktopped over.

Persons: Petri Berlin Organizations: Communist Locations: Berlin

☆ Exiled Chinese businessman stole millions from followers, US prosecutor says
▼ + stars: | 2024-07-10 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Guo Wengui (also known as Miles Kwok) holds a news conference with Steve Bannon in New York, New York, U.S., November 20, 2018. Finkel showed jurors videos of Guo wearing sunglasses and standing on the deck of a yacht pitching investments. "Was Miles Guo targeted by the CCP? Prosecutors say Guo used multiple aliases, including Miles Guo and Miles Kwok. Guo paid Bannon $1 million as part of a consulting contract designed to lend legitimacy to his anti Chinese Communist Party movement, Finkel said.

Persons: Guo Wengui, Miles Kwok, Steve Bannon, Carlo Allegri, Ryan Finkel, Guo, Finkel, Miles Guo, Donald Trump, Bannon, Luc Cohen, Noeleen Walder, Leslie Adler Organizations: REUTERS, Lamborghini, CCP, Chinese Communist Party, Prosecutors, Thomson Locations: New York , New York, U.S, Manhattan, Connecticut, China, New York

☆ China food safety scandal: Cooking oil carried in same trucks as fuel, report claims
▼ + stars: | 2024-07-10 | by ( Simone Mccarthy | Joyce Jiang | ) edition.cnn.com time to read: +9 min

Experts quoted in official media also discussed health hazards of the alleged practices. “Using chemical tankers for edible oils will inevitably result in residual contamination,” said Liu Shaowei, a food safety expert cited by CCTV. Several executives found to be responsible for the 2008 case were ultimately handed death sentences, and the tragedy drove deep mistrust of domestic products and food safety in China. Another case in 2022, also exposed by state media, showed how “dirty” pickled cabbage was supplied to popular instant noodle brands. Xi has repeatedly stressed the importance of food safety and the security of grain and food staple supplies.

Persons: Xi Jinping, –, ”, Liu Shaowei, Liu, ’, ‘, Xi, ” Xi, Yanzhong Huang, Huang, “ Organizations: Hong Kong CNN, Oil Group, Council, CCTV, ” Communist Party, Weibo, Monday, CNN, Food Safety, Foreign Relations Locations: China, Hong Kong, Beijing, Communist, New York

☆ France avoided a far-right election win — now the radical far-left is demanding power
▼ + stars: | 2024-07-08 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Founder of left-wing party La France Insoumise (LFI) Jean-Luc Melenchon reacts during the election night of left-wing party La France Insoumise (LFI) following the first results of the second round of France's legislative election at La Rotonde Stalingrad in Paris on July 7, 2024. After the left-wing's election success in France on Sunday, all eyes are now on radical firebrand Jean-Luc Mélenchon who has demanded the left be given the premiership and a chance to govern following its unexpected election win. The New Popular Front (NFP) coalition — of which Mélenchon is the self-appointed figurehead — won the largest number of seats in the second round of France's snap parliamentary election. Europe had braced itself for France's far-right to win the largest number of votes in the second round of France's snap election. French President Emmanuel Macron's centrist "Together" bloc came in second with 163 seats and the far-right National Rally and its allies won 143 seats.

Persons: Jean, Luc Melenchon, Luc Mélenchon, —, Mélenchon, Emmanuel Macron's, Gabriel Attal, Mélenchon —, Hugo Chavez, he'd Organizations: France, La Rotonde, Front, NFP, France Unbowed, Socialist Party, French Communist Party, National Assembly, NATO Locations: La, La Rotonde Stalingrad, Paris, France, Europe

☆ China's inflation is likely to stay 'very low' for an extended period, strategist says
▼ + stars: | 2024-07-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's inflation is likely to stay 'very low' for an extended period, strategist saysBecky Liu, head of China macro strategy at Standard Chartered Bank, discusses the outlook for the country's economy ahead of the Chinese Communist Party's third plenum.

Persons: Becky Liu Organizations: Standard Chartered Bank, Communist Locations: China

☆ Jiang Ping: Rural Chinese student sparks awe and suspicion after beating math elites in global contest
▼ + stars: | 2024-07-08 | by ( Yuxuan Jiang | Joyce Jiang | ) edition.cnn.com time to read: +8 min

Launched in 2018 by Chinese e-commerce behemoth Alibaba, the free online contest is open to math enthusiasts worldwide, though Chinese math majors typically dominate the top places. She was later trained by math teacher Wang Runqiu at Lianshu Secondary Vocational School, where she studies fashion design. Social stigma for vocational studentsAmong the cacophony of commentary, some suspect the harsh public scrutiny of Jiang is rooted in social prejudice against vocational students. But structural discrimination in China’s schools, universities and workplaces means society still favors academic degrees over trades. Jiang considers math her “Plan B,” prioritizing fashion design for future study, according to The Beijing News.

Persons: Jiang Ping, Alibaba, –, Wang Runqiu, Wang, Jiang, Richard Xu, China’s, Yin Wotao, ”, Yin, there’s, “, Zhao Yong, ” China’s, Einstein, Zhao Organizations: Hong Kong CNN, Harvard, Oxford, MIT –, DAMO Academy, Xinhua, Secondary Vocational School, Weibo, Harvard Business School, CNN, University of Kansas, Beijing, Communist Party, Zhejiang University Locations: Hong Kong, China, China’s Jiangsu, Xinhua, Lianshui, Beijing, Hangzhou, Jiangsu, Germany, Finland

☆ What is the NFP and who will be France’s next prime minister?
▼ + stars: | 2024-07-07 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

Now, it looks set to win the most seats in the French parliament and could provide France with its next prime minister. The NFP is made up of several parties: the far-left France Unbowed party; the more moderate Socialist Party; the green Ecologist party; the French Communist Party; the center-left Place Publique, and other small parties. Going into the second round, it was not clear who the coalition would nominate to be its prime minister. Its most prominent – and divisive – figure is Jean-Luc Mélenchon, a 72-year-old populist firebrand and longtime leader of the France Unbowed party. Announcing his intention to resign Monday as prime minister, Gabriel Attal said, in an apparent swipe to France Unbowed: “No absolute majority can be led by the extremes.

Persons: Emmanuel Macron, “, Olivier Faure, ”, Emmanuel Dunand, Jean, Luc Mélenchon, France Unbowed, Gabriel Attal, Faure, Louise Delmotte, –, Macron Organizations: CNN, Front, NFP, Socialist Party, Ecologist, French Communist Party, Vichy, Getty, Macron’s, Ifop, Parliament, Hamas Locations: France, Paris, AFP, –, Republic, Republique, Palestinian, Israel, Gaza

☆ Analysis: Macron’s gamble has kept the far right out of power, but plunged France into chaos
▼ + stars: | 2024-07-07 | by ( Jerome Taylor | Analysis Sakya Vandoorne | ) edition.cnn.com time to read: +4 min

The bloc brings together five different parties. Far-left France Unbowed and the Communist party has joined with the center-left parties, the socialists and the greens to form a New Popular Front. It’s equally hard to imagine how the current constellation would allow France to play an important role regarding Ukraine. The left has remained relatively quiet on Ukraine - different parties from the coalition have slightly different stances - France Unbowed is against what it calls “escalation” with Russia. Macron’s gamble may have prevented the far right from coming to power, but it could yet plunge the country into chaos.

Persons: CNN — “, Emmanuel Macron, France’s, Jordan Bardella, Macron, Le Pen, it’s Organizations: CNN, la Republique, NFP, France Unbowed, Communist, National Assembly Locations: la, Paris, France, Ukraine, Macron, Russia, Macron’s

☆ Eyeing China, the Philippines wants to buy its first attack submarine
▼ + stars: | 2024-07-06 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Read previewAmid rising tensions with China, the Philippines is planning to buy its first submarine. AdvertisementChina and its neighbors have been at loggerheads for the past decade, after Beijing claimed sovereignty over most of the South China Sea, including islands and resource-rich waters. AdvertisementBut that leaves the question of how readily the Philippines Navy can operate a submarine. Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the disputed South China Sea on June 17, 2024. Armed Forces of the Philippines via AP, FileA single submarine would do little to change the power imbalance between the Philippines and China.

Persons: —, Greg Poling, Ferdinand Marcos Jr, Thomas Shoal, Poling, Rodrigo Duterte, You've, Mark Manantan, Manantan, Michael Peck Organizations: Service, Business, Philippine Navy, Washington -, Strategic, International Studies, Diesel, Philippines Navy, Malaysia, Forum, Islamic, Philippine Communist Party, Coast Guard, Armed Forces, AP, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Philippines, Philippine, South China, Asia, Washington, loggerheads, Beijing, Vietnam, Malaysia, Sierra Madre, American, France, Spain, South Korea, Italy, Indonesia, Hawaii, Mindanao, Manila, Asian, Forbes

☆ 6 Years, 4 Raw Human Stories From the New China
▼ + stars: | 2024-07-05 | by ( Michelle T. King | ) www.nytimes.com time to read: 1 min

PRIVATE REVOLUTIONS: Four Women Face China’s New Social Order, by Yuan YangThere’s an unforgettable moment in Yuan Yang’s new book, when an idealistic university student is tasked with conducting a survey by going door-to-door to random addresses in Shenzhen, China’s manufacturing megalopolis. In one poor neighborhood, the female student asks a young man, living in a tiny apartment with four other adults and a baby, to rate his current job satisfaction. His immediate reaction is to ask whether she has been sent by the Communist Party.

Persons: Yuan Yang There’s, Yuan Yang’s Organizations: Communist Party Locations: Shenzhen

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