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Nvidia is working on a version of its new flagship AI chips for the China market that would be compatible with current U.S. export controls, four sources familiar with the matter said. The AI chip giant in March unveiled its "Blackwell" chip series, which is due to be mass-produced later in the year. A version of a chip from Nvidia's Blackwell series for the Chinese market would boost the U.S. firm's efforts to fend off those challenges. Expectations are high that the U.S. will continue to keep up the pressure on semiconductor-related export controls. The U.S. wants the Netherlands and Japan to further restrict chipmaking equipment to China, sources have said.
Persons: Blackwell, Inspur, Nvidia's Blackwell, Biden Organizations: MWC Shanghai, Nvidia, Reuters, Huawei, Bloomberg News Locations: Shanghai, China, Washington, U.S, Netherlands, Japan
Apple got a price target increase from Wells Fargo. As catalysts, Boss cited broad-based demand for Abercrombie, growth upside for Hollister and a ramp-up in Abercrombie's international brand momentum. Analyst James Faucette also lifted his price target to $175 from $154. Fidelity National Information Services stock closed at $75.25 on Friday afternoon, slightly below analyst James Faucette's $79 price target. — Lisa Kailai Han 5:51 a.m.: Wells Fargo raises Apple price target Wells Fargo is getting more bullish on Apple ahead of earnings.
Persons: Apple, Guggenheim, Fitch, Matthew Boss, Abercrombie, Boss, — Lisa Kailai Han, Morgan Stanley, James Faucette, Clover, Faucette, Raymond James, Estee Lauder, Olivia Tong, Tong, James Faucette's, Piper Sandler, Harsh Kumar, Kumar, NVDA, CrowdStrike, John DiFucci, DiFucci, Wells, Aaron Rakers, Fred Imbert Organizations: CNBC, Tech, Apple, JPMorgan, Abercrombie, Abercrombie & Fitch, Fitch, Fidelity National Information Services, Blackwell, Nvidia, Guggenheim, Apple Intelligence Locations: Wells Fargo, CrowdStrike, Hollister, Fiserv, U.S, China, CSPs
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
And there was great, great sorrow. They’re going to be OK. They’re going to be doing very well. Now he’s going to get on the plane in a little while and he’s going to go back home to his wife. Great, great student at Yale. So many — just so many heroes, so many great, great people.
Persons: Dana, Bob, , Lee, you’ll, it’s, didn’t, Nobody, , I’m, Corey Comperatore, David Dutch, James Copenhaver, We’re, Corey, Helen ., David, James, Dan Newlin, Dan, Trump, , Aileen Cannon, I’ve, Don, Kimberly, Ivanka, Jared, Eric, Lara, Tiffany, Michael, Barron, he’s, “ Dana won’t, That’s Lee Greenwood, … Eric, Crazy Nancy Pelosi, They’ve, Jason, Jason Aldean, Vance, Usha, He’s, He’ll, MAGA, ” MAGA, I’ll, you’re, nobody’s, We’ve, Somebody’s, they’re, It’s, can’t, We’ll, don’t, “ I’m, we’ll, Biden, They’re, that’s, you’ve, I’d, gee, You’d, That’s what’s, Donald Trump, That’s, There’s, Tom Homan, Brandon Judd, They’ll, Obama, They’d, “ You’ve, we’re, we’ve, Hannibal Lecter, Dwight D, Eisenhower, Jocelyn Nungaray, Rachel Morin, Rachel, Laken Riley, horrifically, Viktor Orban, what’s, Bush, it’ll, Kim Jung Un, Sam Brown, Sam, You’ve, Abdul, Don’t, You’re, Ronald Reagan, America’s, Franklin Graham, Franklin, Billy Graham, he’d, soldiered Organizations: of Pennsylvania, Secret Service, Service, Democrat, Republican Party, Republican, Democrats, America, Yale, ISIS, Space Force, Energy, Apple, Trump, Republican Senate, White, Republicans, United Auto Workers, Social Security, Border Patrol, ICE, , Lambs, University of Georgia, , U.S, Senate, Washington, D.C, Yankee, Win Locations: America, United States, Butler Township, of, Pennsylvania, Florida, Ohio, Milwaukee, Wisconsin, Asia, Europe, Taiwan, Korea, Philippines, China, Russia, Ukraine, Israel, Iran, Germany, Mexico, Nevada, United States of America, There’s, South America, Africa, Middle East, Venezuela, Caracas, El Salvador, Houston, Los Angeles, Maryland, Hungary, “ Russia, Georgia, Crimea, Syria, Iraq, North Korea, Afghanistan, Bagram, Cuba, Miami, U.S.A, Wisconsin , Wisconsin, Washington, Japan, Delaware, Valley Forge, Yorktown, Gettysburg, Midway
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
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices advanced Tuesday, on track for a record close as rising expectations of a September interest rate cut bolstered demand for bullion. Gold futures advanced 0.6% to $2,443.80. According to UBS, central bank buying of bullion is the highest it's been since the late 1960s. The U.S.-listed shares of Harmony Gold and Gold Fields rose 6% and 4%, respectively.
Persons: Jerome Powell, Joni Teves, Teves, Gold Organizations: Co, Federal, U.S, greenback, UBS, Citi, Miners, Harmony Locations: Bangkok, Thailand, Ukraine, China, U.S
Chinese Coast Guard ships have sailed near Taiwan’s outer islands. When Lai Ching-te became Taiwan’s president in May, he vowed to stick with the China policies of his predecessor, Tsai Ing-wen. Ms. Tsai sought to avoid confrontation even as she defended Taiwan’s right to self-rule and rejected Beijing’s assertion of sovereignty. Yet Mr. Lai, while keeping Taiwan’s basic policy toward China unchanged, has been blunter in rebuffing its demands. Mr. Lai, who rose as a more plain-spoken politician, sees a need to more sharply lay out Taiwan’s separate status.
Persons: Lai Ching, Tsai Ing, Tsai, Lai, Ms . Tsai, , , David Sacks Organizations: Coast Guard, Council, Foreign Relations Locations: China, Taiwan, Beijing, Taiwan’s, rebuffing, Asia
Newly produced electric vehicles are being seen at Tesla's Shanghai Gigafactory in Shanghai, China, on December 31, 2023. Costfoto | Nurphoto | Getty ImagesBEIJING — New tariffs on Chinese electric cars aren't enough to help foreign automakers stay competitive, especially in the lucrative China market, according to consulting firm AlixPartners. While collaborations are "rational" to attain market share, Dyer said it is difficult to stay in the China market long-term if foreign carmakers don't switch things up. Last month, an analyst from the Bank of America said U.S. automakers based in Detroit should exit China "as soon as they possibly can" because they were at the losing end against China EV giants. Electric cars are less complex than internal combustion engine-powered vehicles.
Persons: It's, haven't, Stephen Dyer, Dyer, Cooper, Organizations: Shanghai, Nurphoto, Getty, China's EV, CNBC, Porsche, BMW, Cooper, Bank of America, China EV Locations: Shanghai, China, BEIJING, China's, Asia, Europe, U.S, Detroit
But for those looking for alternatives, UBS has refreshed its list of "highest conviction and most investable" tech stocks in Asia. So far, UBS' Asian Super 8 has gained 8.3% since its inception in February, beating the 6.7% returned by the benchmark MSCI Asia-Pacific index. "We believe the valuation discount across the value chain in Asia's technology sector offers a defensive catch-up play for investors," UBS' analysts wrote. Tencent has been making headlines recently, with several analysts bullish, including Goldman Sachs , which included the stock in its conviction list. The company, which also goes by the name Foxconn, is expecting over 40% year-on-year growth in its AI server sub-segment this year, UBS' analysts noted.
Persons: Tencent, Goldman Sachs, Hon Hai Taiwan's, Hai, — CNBC's Michael Bloom Organizations: Apple, Microsoft, Nvidia, Tesla, UBS, Hong Kong Stock Exchange, U.S, Hai Precision Industry, Taiwan Stock Exchange, Lenovo Lenovo, Lenovo, Hong Kong Exchange Locations: Asia, China, U.S
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
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese EV makers currently as good or better than Tesla, strategist saysShaun Rein, managing director of the China Market Research Group, says some Chinese EV makers are currently "as good, if not better" than Tesla as the U.S. firm hasn't changed its model in six or seven years.
Persons: Shaun Rein, Tesla, hasn't Organizations: China Market Research Locations: China, U.S
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
One Chinese tech stock got a lot of love from analysts in recent weeks. That's internet giant Tencent, which is known for its gaming business and runs WeChat, one of the world's largest messaging apps. Fourteen analysts raised their price targets for the stock and none lowered it in the past three weeks, according to a CNBC Pro screen using FactSet. CNBC Pro screened for stocks that had their price targets raised in that period by all analysts covering them. Of all Chinese internet stocks, Tencent offers "one of the most visible and sustainable" profit growth of around 20%, Goldman said in its July 1 note.
Persons: Tencent, Goldman, Jefferies, FactSet, Tencent's Organizations: CNBC, CNBC Pro, Hong Locations: Asia, Hong Kong, China
Read previewJapan's defense ministry is investigating officers of a naval destroyer that entered Chinese territorial waters for about 20 minutes on July 4, according to local reports. Kyodo News reported on Thursday that the Maritime Self-Defense Force destroyer Suzutsuki was monitoring Chinese live-fire drills on the coast of China's Zhejiang province when it pushed into Chinese territory. Related storiesHowever, Kyodo News cited Chinese diplomatic officials saying that Beijing believes the Suzutsuki broke Chinese laws by failing to request entry. Tokyo has also often noted China's incursions into its own waters, Chong said. AdvertisementChinese naval ships have also entered Japanese waters before, including in February 2023, when a survey vessel encroached into Japan's territorial waters near Kagoshima prefecture.
Persons: , Suzutsuki, Lin Jian, Ian Ja Chong, Chong, China's Organizations: Service, Kyodo, Self, Defense Force, Business, Kyodo News, Sankei, Reuters, Chinese Foreign Ministry, Sankei Shimbun, National University of Singapore, Kagoshima prefecture . Press Locations: China's Zhejiang, Zhejiang's, Zhejiang, China's, Taiwan, Beijing, Akita, Hachinohe, Aomori, Tokyo, China, Kagoshima prefecture
Here are Thursday's biggest calls on Wall Street: Morgan Stanley reiterates Eli Lilly as overweight Morgan Stanley raised its price target on the stock to $1,083 per share from $1,023. "We are initiating RBBN with a Buy rating and $5 price target because the investment thesis has significantly improved." Rosenblatt reiterates Broadcom as buy Rosenblatt raised its price target on the stock to a Street high $2,400. Morgan Stanley downgrades Microchip to equal weight from overweight Morgan Stanley said the semis company has a "lofty" valuation. Morgan Stanley upgrades Telefonica Brasil to overweight from equal weight Morgan Stanley said it's bullish on shares of the LatAm telecom company.
Persons: Morgan Stanley, Eli Lilly, Rosenblatt, Goldman Sachs, Goldman, Mizuho, Truist, Wells, Guggenheim, it's, Jefferies downgrades Darden, Jefferies, Roblox, VIV, OW, Uber, McDonald's Organizations: Broadcom, AVGO, " Bank of America, Apple, Bank of America, JPMorgan, Nvidia, Digital Realty, Mizuho, Services, AMD, Silo AI, KBW, Guggenheim, Costco, Jefferies, Spotify, Telefonica Brasil, Energy, Uber, CART Locations: NYC, Europe, underperform, Olive, China
China's Customs said it seized 104 snakes from a man traveling to mainland China on Tuesday. The man tried to smuggle the snakes in his pants pockets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA man tried to smuggle more than 100 live snakes to mainland China in his pants with just adhesive tape and canvas bags. Officials said a male passenger entered mainland China through the Huanggang Port at Futian before officers intercepted him and conducted an inspection.
Persons: China's, Organizations: China's Customs, Service, Business Locations: China, Weibo, Futian, Shenzhen's, China - Hong Kong
"A solid iPhone replacement cycle and spec upgrade should help HH's better sales/earnings in 2025-26," the investment bank's analysts wrote. The bank expects the China-based design and manufacturing giant to see strong margins as demand for its casings increases in tandem with better iPhone shipment cycles between 2025 and 2026. "We lift Foxconn Industrial Internet (FII)'s 2024-26E earnings by 2-6% on potentially better iPhone casing sales and strong AI server contribution," the analysts wrote. "We expect BYDE's casing profitability to gradually improve on better operation efficiency (higher automation rate, improving yield)," the analysts wrote. They have lifted the company's 2025-2026 earnings expectations by 2% to "reflect potentially better iPhone volume, robust auto expansion as well as rising AI-related contribution (server, robot)."
Persons: Ming, Chi Kuo, Ross Young, Hai, BofA, Foxconn, — CNBC's Michael Bloom Organizations: Tech, Apple, Bank of America, Hai Precision Industry, Taiwan Stock Exchange, American Depository, New, Industrial, Taiwan Stock Exchanges, U.S . Its, Shenzhen Stock Exchange, China 5G, Semiconductor, Hong Kong Exchange, Hong Locations: U.S, New Taiwan, China, Shanghai, Taiwan, U.S . Its Shanghai, Hong Kong
On a Tuesday afternoon in early June, Robínson invited seven friends to a lunch celebrating both their 13th year living in the New York area and the launch of their 13th collection from their jewelry line, Isshī. “This is my 13 going on 13 event,” Robínson said with a laugh. The venue was the Chinatown showroom of the lighting design company Blue Green Works, co-founded by Robínson’s friend Peter B. Each place setting had a banana-leaf mat, and hanging over the table was a flared green glass pendant lamp that called to mind a palm tree; together, the details made the space feel like a jungle oasis. It was a fitting place to see Isshī’s resort 2025 collection, in whose press materials Robínson likened the experience of heartbreak to a plane crashing into the rainforest: Modular leather-cord necklaces, crystal-embellished bracelets and hand-felted lamb’s-wool corsages all resembled carnivorous plants.
Persons: Robínson, ” Robínson, Robínson’s, Peter B, felted Organizations: Green, Staples Locations: New York, Chinatown
“It’s an intimidation on the part of the China Coast Guard,” Tarriela said during a forum on Saturday, according to a Reuters report. Powell and other analysts say intimidation is one of the main jobs of the CCG-5901, which is larger than any regular coast guard ship in the world (a specialty US Coast Guard icebreaker is bigger) and even outsizes US Navy destroyers. The US Coast Guard, for instance, is part of the US Department of Homeland Security, not the Defense Department, although US Coast Guard vessels can come under US Navy control in certain scenarios. The China Coast Guard is part of the country’s People’s Armed Police, which is under the command of the Central Military Commission. The China Coast Guard “doesn’t want to be outdone thus this monster came along to show who’s got a bigger set of muscles,” Koh said.
Persons: , Jay Tarriela, Sabina Shoal, Tarriela, BRP Teresa Magbanua, , ” Tarriela, “ We’re, we’re, Shoal, wasn’t, Ray Powell, SeaLight, ” Powell, Powell, Arleigh Burke, , ” Carl Schuster, Collin Koh, Teresa Magbanua, who’s, ” Koh Organizations: CNN, Philippine, Philippine Coast Guard, China Coast Guard, United, Coast, National Security, BRP, Stanford University, Coast Guard, US, Guard’s National Security Cutters, Chinese Coast Guard, CNN Coast, US Coast Guard, US Department of Homeland Security, Defense Department, Armed Police, Central Military Commission, Analysts, Pacific Command’s Joint Intelligence Center, Guard, Rajaratnam, of International Studies Locations: China, Philippines, Beijing, Manila, South China, Sabina, Spratly, Philippine, Palawan, The Hague, Singapore
Hong Kong CNN —Beijing has intensified its anti-dumping investigation into imports of European brandy. The announcement came on the same day as the European Commission’s additional provisional tariffs on imports of Chinese-made electric vehicles came into effect. On Saturday, the China Association of Automobile Manufacturers, a state-backed auto association, said it was “strongly dissatisfied” with the additional EU tariffs on Chinese EVs and considered them “unacceptable.”Major stakeholders are bracing for retaliatory moves by Beijing. China’s probe into Europe’s cognac is a tit-for-tat reaction to EU action on Chinese EVs, said Jean-Jacques Guiony, chief financial officer of LVMH (LVMH), at an economic conference on Saturday, according to a Reuters report. The European Commission, the EU’s executive arm, announced last month that it would hike tariffs on Chinese EVs.
Persons: , Jean, Jacques Guiony, LVMH, Hennessy, Organizations: Hong Kong CNN —, EU, China Association of Automobile Manufacturers, EV, European Commission, of America Locations: Hong Kong, Hong Kong CNN — Beijing, China, Beijing, French, France, “ Beijing
Read previewThe world's largest coastguard ship dropped anchor in Manila's exclusive economic zone (EEZ) in the South China Sea earlier this week, the Philippine Coast Guard (PCG) said. "On July 1st, the ship departed from Hainan and entered the Philippines' Exclusive Economic Zone (EEZ) on the following day," he wrote. AdvertisementAn exclusive economic zone is an area of the ocean "beyond a nation's territorial sea, within which a coastal nation has jurisdiction over both living and nonliving resources." Tarriela later told a news forum that the Chinese vessel's moves were "an intimidation on the part of the China Coast Guard." China claims sovereignty over the reef and most of the South China Sea, but an international tribunal ruled in 2016 that China's claims to waters within its "nine-dash line" had no legal basis.
Persons: , Jay Tarriela, Tarriela, We're, we're, Thomas Organizations: Service, coastguard, South China, Philippine Coast Guard, Business, China Coast Guard, BRP, BRP Sierra Madre, Crisis Group, US Naval Institute, Defense, Officials, Department of Foreign Affairs, ICG Locations: South, China, Hainan, Philippines, South China, BRP Sierra, Brussels
CNN —Five people were killed and nearly 100 injured when a tornado ripped through a town in eastern China, according to the state-run Xinhua news agency. Dramatic video posted on social media showed the tornado ripping roofs off houses and uprooting trees as debris was thrown in the air. “Severe convective weather caused a tornado,” the Dongming County Emergency Management Bureau said, adding that the local government had established a command center and launched emergency response operations. According to Xinhua, 2,820 homes were damaged by the tornado in Caiyuan, Shangdong province. Earlier this month, the China Meteorological Administration released its annual ‘Blue Book’ on the state of climate change in the country.
Organizations: CNN, Xinhua, Emergency Management Bureau, China Meteorological Administration Locations: China, Dongming, Caiyuan, Shangdong province, Guangzhou
CNN —The grasslands, glaciers and snow-tipped peaks of the Tibetan Plateau are breathtaking, but the vast expanse in Central Asia is also one of Earth’s harshest environments. Archaeologists long believed the Tibetan Plateau — more than 13,000 feet (about 4,000 meters) above sea level — was one of the last places on the planet to be settled. We are familyBaishiya Karst Cave is seen at the edge of Ganjia Basin on the Tibetan Plateau. Now, Baishiya Karst Cave, on the northeastern edge of the Tibetan Plateau, is helping answer many questions about who the Denisovans were. The analysis is shedding light on how the extinct humans thrived in the ice age environment for more than 100,000 years.
Persons: Bill Nelson, BRIN, Gerard Talavera, nestmates, Ashley Strickland, Katie Hunt Organizations: CNN, Lanzhou University Researchers, China National Space Administration, NASA, Apollo, FBI, BRIN Google, Scientists, Botanical Institute of Barcelona, CNN Space, Science Locations: Central Asia, Ganjia, Siberia, Tibetan, China, what’s, Indonesia, India, Bangladesh, Delta, Guiana, Talavera, Spain, , Massachusetts
After adding Belarus, it will boast 10 members, representing more than 40% of the world’s population and roughly a quarter of the global economy. Growing ambitionsAs the SCO grows in international visibility and economic weight, it has also broadened in geopolitical ambitions. Putin speaks to Xi at the SCO summit two years ago in Samarkand, Uzbekistan. But the Belarus membership also creates big question marks that will hang over the organization, Gill said. After the summit in Astana, China is due to take up the rotating presidency of the SCO for a year.
Persons: Xi Jinping, Vladimir Putin, Narendra Modi, Moscow’s, , , Eva Seiwert, Seiwert, Putin, Xi, Sergei Bobylev, Bates Gill, Gill, , ” Gill, Modi, they’re Organizations: Hong Kong CNN —, Shanghai Cooperation Organization, Indian, SCO, Union, Mercator Institute for China Studies, , Putin, AP, National Bureau of Asian Research, , Central, Modi, Astana –, Kremlin, Central Asia, NATO, European Union, Seven Locations: Hong Kong, China, Russia, Russian, Ukraine, Belarus, Astana, Kazakhstan, Beijing, Moscow, United States, Iran, Kyrgyzstan, Tajikistan, Uzbekistan, India, Pakistan, Afghanistan, Mongolia, Myanmar, Turkey, Berlin, , Eurasia, Samarkand, Central Asia, New Delhi, Soviet, Xi’an
CNN —The government of China now possesses something that no other humans have ever encountered — rocks and soil from the far side of the moon. NASA Administrator Bill Nelson told CNN he’s “pleased to hear CNSA intends to share” the materials collected by the Chang’e-6 lunar probe last month. NASA Administrator Bill Nelson, shown here during a pre-launch news conference on Boeing's first crewed spacecraft, the Boeing Starliner, on May 3, said he's "pleased" China intends to share the lunar far side samples. China opened those samples to international scientists for the first time last August, and Nelson has given NASA-funded researchers the green light to apply for access. TheUS government has not landed a robotic spacecraft on the moon since 1968, but NASA is currently funding the development of lunar landers by private companies through its Commercial Lunar Payload Services, or CLPS program.
Persons: , Liu Yunfeng, Bill Nelson, CNN he’s “, CNSA, ” Nelson, he's, Miguel J, Rodriguez Carrillo, Bian Zhigang, Nelson, Artemis, Joel Kowsky, Artemis III, Odie Organizations: CNN, NASA, China National Space Administration, Boeing, AFP, Getty, Federal Bureau of Investigation, Apollo, Soviet, Soviet Union —, , Beijing, Orion, Kennedy Space Center, NASA NASA, SpaceX, Payload Services, Astrobotic Technologies Locations: China, United States, Beijing, Soviet Union, Nelson, Florida
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