22 hours ago
Hyrox, the popular indoor fitness competition, is adjusting its policies and procedures after a world champion was allowed to continue at a competition in China last weekend despite suffering fecal incontinence.
Joanna Wietrzyk was competing in the age 16-24 elite event in Beijing on Saturday when she suddenly became ill. But despite fecal matter running down her legs, Wietrzyk was allowed to keep competing. The Australian continued on and ended up winning the race in a time of 1:01.23.
But in the days since, Hyrox has received heavy criticism for allowing Wietrzyk to continue competing despite the potential health risks. The company said that, despite having "clear biocontaminant and medical procedures in place," the situation "blurred" protocols and created "ambiguity in how they were applied and understood."
"I apologize to all that were directly or indirectly affected, as well as to everyone who felt like we did not handle the situation like we should have," Hyrox co-founder Moritz Furste said in a statement. "Hyrox made a mistake by not reacting immediately during the race. In the end, it is my job to foresee these potential incidents — and I did not.
"Of course, we started improving event processes, plus making rulebook changes immediately. As of this moment, there are new rules and procedures in place to prevent situations like this from happening again."
#allowed
Joanna Wietrzyk was competing in the age 16-24 elite event in Beijing on Saturday when she suddenly became ill. But despite fecal matter running down her legs, Wietrzyk was allowed to keep competing. The Australian continued on and ended up winning the race in a time of 1:01.23.
But in the days since, Hyrox has received heavy criticism for allowing Wietrzyk to continue competing despite the potential health risks. The company said that, despite having "clear biocontaminant and medical procedures in place," the situation "blurred" protocols and created "ambiguity in how they were applied and understood."
"I apologize to all that were directly or indirectly affected, as well as to everyone who felt like we did not handle the situation like we should have," Hyrox co-founder Moritz Furste said in a statement. "Hyrox made a mistake by not reacting immediately during the race. In the end, it is my job to foresee these potential incidents — and I did not.
"Of course, we started improving event processes, plus making rulebook changes immediately. As of this moment, there are new rules and procedures in place to prevent situations like this from happening again."
#allowed
1 day ago
Hyrox, the global endurance fitness race, is revising its protocols after a top athlete soiled herself and was allowed to continue during a competition in Beijing on Sept. 12.
Photos from the indoor competition show Australian Joanna Wietrzyk, the 22-year-old Hyrox world champion, with fecal matter running down her legs during the age 16-24 elite race. Wietzryk won the race with a time of 1:01:23, besting second-place finisher Alyssa McElheny of the United States by 45 seconds.
The incident sparked online outrage over potential health risks, prompting Hyrox co-founder Moritz Furste to release a statement on Monday, Sept. 14 admitting that race organizers failed by not removing Wietryzk from the competition.
"HYROX made a mistake by not reacting immediately during the race," Furste wrote in an Instagram post. "In the end it is my job to foresee these potential incidents – and I did not. Of course, we started improving event processes, plus making rulebook changes immediately. As of this moment, there are new rules and procedures in place to prevent situations like this from happening again."
USA TODAY Sports reached out to Hyrox, Wietrzyk and her coach for comment on Monday morning and did not immediately hear back.
#immediately
Photos from the indoor competition show Australian Joanna Wietrzyk, the 22-year-old Hyrox world champion, with fecal matter running down her legs during the age 16-24 elite race. Wietzryk won the race with a time of 1:01:23, besting second-place finisher Alyssa McElheny of the United States by 45 seconds.
The incident sparked online outrage over potential health risks, prompting Hyrox co-founder Moritz Furste to release a statement on Monday, Sept. 14 admitting that race organizers failed by not removing Wietryzk from the competition.
"HYROX made a mistake by not reacting immediately during the race," Furste wrote in an Instagram post. "In the end it is my job to foresee these potential incidents – and I did not. Of course, we started improving event processes, plus making rulebook changes immediately. As of this moment, there are new rules and procedures in place to prevent situations like this from happening again."
USA TODAY Sports reached out to Hyrox, Wietrzyk and her coach for comment on Monday morning and did not immediately hear back.
#immediately
4 days ago
Investment in what most call clean technologies dropped by 17% over the first half of the year, as China switched from subsidies to a market-based approach to those industries, a report from Rhodium Group has revealed.
Investments in things such as wind and solar power rose in other parts of the world, but China's decline more than offset that growth because of China's position as the top investor in clean tech, far ahead of everyone else.
"Geographically, the decline was driven by China, the world's largest cleantech investor, where a shift to market-based pricing put pressure on new renewable power investments," said the author of the report, Hannah Pitt, as quoted by Reuters.
"China's transition toward market-based pricing for new renewable generation in 2025 drove a rush of installations ahead of the deadline, followed by an uneven pullback. Beijing also phased out consumer EV purchase-tax exemptions starting January 2026," the report pointed out.
These decisions led to a sharp slump in alternative energy and electric transport investment of 49% for China, translating into $133 billion. This trend also slashed China's share of clean tech investment from 52% at the end of 2025 to 39% by June this year.
#Investments
Investments in things such as wind and solar power rose in other parts of the world, but China's decline more than offset that growth because of China's position as the top investor in clean tech, far ahead of everyone else.
"Geographically, the decline was driven by China, the world's largest cleantech investor, where a shift to market-based pricing put pressure on new renewable power investments," said the author of the report, Hannah Pitt, as quoted by Reuters.
"China's transition toward market-based pricing for new renewable generation in 2025 drove a rush of installations ahead of the deadline, followed by an uneven pullback. Beijing also phased out consumer EV purchase-tax exemptions starting January 2026," the report pointed out.
These decisions led to a sharp slump in alternative energy and electric transport investment of 49% for China, translating into $133 billion. This trend also slashed China's share of clean tech investment from 52% at the end of 2025 to 39% by June this year.
#Investments
4 days ago
By Ella Cao and Naveen Thukral
BEIJING/SINGAPORE, Sept 10 (Reuters) - China bought 14 to 15 cargoes of U.S. soybeans this week, or around 1 million metric tons, four traders told Reuters, as the world's top oilseed buyer steps up purchases ahead of Chinese President Xi Jinping's visit to Washington later this month.
The purchases take China's total U.S. soybean buying to nearly half of the 25 million tons the White House said Beijing had committed to annually through 2028.
Chinese state stockpiler Sinograin booked the cargoes for shipment from U.S. Gulf terminals between December and February, traders said.
Sinograin did not immediately respond to Reuters' requests for comment.
#cargoes #tons #purchases #ella
BEIJING/SINGAPORE, Sept 10 (Reuters) - China bought 14 to 15 cargoes of U.S. soybeans this week, or around 1 million metric tons, four traders told Reuters, as the world's top oilseed buyer steps up purchases ahead of Chinese President Xi Jinping's visit to Washington later this month.
The purchases take China's total U.S. soybean buying to nearly half of the 25 million tons the White House said Beijing had committed to annually through 2028.
Chinese state stockpiler Sinograin booked the cargoes for shipment from U.S. Gulf terminals between December and February, traders said.
Sinograin did not immediately respond to Reuters' requests for comment.
#cargoes #tons #purchases #ella
5 days ago
USAR drops 4% and MP Materials falls 5% as Trump-Xi summit hopes erode the scarcity premium driving domestic rare earth valuations.
REMX sinks 5% versus SPY's 0.5% dip, confirming a targeted sector repricing rather than a broad market risk-off move.
USA Rare Earth broke ground on a $1.2 billion South Carolina facility Wednesday, yet diplomatic headlines overshadowed the milestone the very next day.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and MP Materials didn't make the cut. Enter your email to see the names that beat MP. The report is free. Enter your email and see if any of your stocks made the cut.
Domestic rare earth stocks are sliding Thursday midday as fresh diplomatic warming between Washington and Beijing chips away at the scarcity premium powering the trade. USA Rare Earth (NASDAQ:USAR) stock is down 4% to $16.36, and MP Materials (NYSE:MP) shares are down 5% to $51.85. Both names sit near the front of the U.S. critical-minerals theme and tend to move hard when the geopolitical setup shifts.
#market
REMX sinks 5% versus SPY's 0.5% dip, confirming a targeted sector repricing rather than a broad market risk-off move.
USA Rare Earth broke ground on a $1.2 billion South Carolina facility Wednesday, yet diplomatic headlines overshadowed the milestone the very next day.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and MP Materials didn't make the cut. Enter your email to see the names that beat MP. The report is free. Enter your email and see if any of your stocks made the cut.
Domestic rare earth stocks are sliding Thursday midday as fresh diplomatic warming between Washington and Beijing chips away at the scarcity premium powering the trade. USA Rare Earth (NASDAQ:USAR) stock is down 4% to $16.36, and MP Materials (NYSE:MP) shares are down 5% to $51.85. Both names sit near the front of the U.S. critical-minerals theme and tend to move hard when the geopolitical setup shifts.
#market
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7 days ago
China's crude oil imports rose for the second consecutive month in August as refiners turned to additional non-Middle Eastern supply and boosted overseas fuel shipments amid eased export restrictions.
China imported 37.93 million tons, or 8.93 million barrels per day (bpd) of crude oil in August, up by 6.2% compared to July, and further recovering from the decade-low seen in June, official Chinese customs data showed on Tuesday.
The August import level was still 23.4% lower compared to the same month last year, but it's a marked improvement from the June lows of just 7.1 million bpd.
China slashed its total crude oil imports to a decade low in June, culminating three months of very low import levels amid high prices and constrained supply from the Middle East.
Beijing, having amassed about 1.4 billion barrels of crude before the war, could afford to dramatically reduce its crude buying, slashing import volumes in June by an estimated 4.4 million bpd compared to the 2025 average.
#compared
China imported 37.93 million tons, or 8.93 million barrels per day (bpd) of crude oil in August, up by 6.2% compared to July, and further recovering from the decade-low seen in June, official Chinese customs data showed on Tuesday.
The August import level was still 23.4% lower compared to the same month last year, but it's a marked improvement from the June lows of just 7.1 million bpd.
China slashed its total crude oil imports to a decade low in June, culminating three months of very low import levels amid high prices and constrained supply from the Middle East.
Beijing, having amassed about 1.4 billion barrels of crude before the war, could afford to dramatically reduce its crude buying, slashing import volumes in June by an estimated 4.4 million bpd compared to the 2025 average.
#compared
7 days ago
BEIJING, Sept 8 (Reuters) - Chinese electric vehicle maker BYD expects overseas shipments to exceed 2.5 million vehicles in 2027, two major brokerages said on Tuesday, citing a group meeting with company management.
BYD did not immediately respond to a request for comment.
• The export target is underpinned by continued market-share gains overseas, an expanding fleet of dedicated car carriers and a growing local manufacturing footprint, Deutsche Bank said in a note.
• BYD management guided overseas shipments to reach 1.9 million to 2 million vehicles in 2026, nearly double last year's level, Deutsche Bank said. Management indicated that shipping constraints limited overseas sales this year and that export volumes could otherwise have been higher.
• BYD's Hungary plant is expected to start ******* embly in November or December. Management is also evaluating additional overseas manufacturing locations, according to Deutsche Bank.
#overseas #export
BYD did not immediately respond to a request for comment.
• The export target is underpinned by continued market-share gains overseas, an expanding fleet of dedicated car carriers and a growing local manufacturing footprint, Deutsche Bank said in a note.
• BYD management guided overseas shipments to reach 1.9 million to 2 million vehicles in 2026, nearly double last year's level, Deutsche Bank said. Management indicated that shipping constraints limited overseas sales this year and that export volumes could otherwise have been higher.
• BYD's Hungary plant is expected to start ******* embly in November or December. Management is also evaluating additional overseas manufacturing locations, according to Deutsche Bank.
#overseas #export
7 days ago
NASA Administrator Jared Isaacman's support for Elon Musk's idea to put AI data centers in **** e and power them with solar panels did not occur in a vacuum. It comes not just against a background of rising, bipartisan opposition to ground-based data centers but also the recent announcement of an immense, **** eX Starbase to be built in Louisiana.
Many people oppose data centers out of the same kind of "NIMBY" emotion that fueled opposition to nuclear power plants and hydraulic fracking. They view them as big, noisy eyesores that will consume a lot of electricity and water to the detriment of local communities.
Opposition to ground-based AI data centers is not universal. Trade unions, which foresee lots of jobs being created in their construction and operation, are warmly supporting them. On the other hand, if Meta's experiments with using robots at data centers pans out, those jobs may be fewer than many expect.
The reason that many people are opposed to AI data centers in their communities may have less to do with objective facts than a Chinese disinformation campaign to turn them against such facilities. Engadget reports that X uncovered a Chinese bot farm with 200,000 accounts, 200 of which were used to manipulate the debate about data centers.
It should be noted that the Chinese are going pedal to the metal to create their own data centers. As a totalitarian country, China is not concerned with public opinion one way or the other. Beijing is determined to dominate AI according to its ideology and interests.
#centers #opposition #people #communities
Many people oppose data centers out of the same kind of "NIMBY" emotion that fueled opposition to nuclear power plants and hydraulic fracking. They view them as big, noisy eyesores that will consume a lot of electricity and water to the detriment of local communities.
Opposition to ground-based AI data centers is not universal. Trade unions, which foresee lots of jobs being created in their construction and operation, are warmly supporting them. On the other hand, if Meta's experiments with using robots at data centers pans out, those jobs may be fewer than many expect.
The reason that many people are opposed to AI data centers in their communities may have less to do with objective facts than a Chinese disinformation campaign to turn them against such facilities. Engadget reports that X uncovered a Chinese bot farm with 200,000 accounts, 200 of which were used to manipulate the debate about data centers.
It should be noted that the Chinese are going pedal to the metal to create their own data centers. As a totalitarian country, China is not concerned with public opinion one way or the other. Beijing is determined to dominate AI according to its ideology and interests.
#centers #opposition #people #communities
8 days ago
By Ben Blanchard and Wen-Yee Lee
TAIPEI, Sept 7 (Reuters) - Taiwan flexed its chip diplomacy muscles at a major trade show last week, portraying itself as a democratic and reliable supplier for the AI revolution, while signalling a willingness to share the benefits of its semiconductor prowess with like-minded partners.
Home to companies like TSMC whose chips power AI applications, diplomatically isolated Taiwan has long sought to leverage its tech prowess to garner international support, something Beijing routinely seeks to block saying the island is merely one of its provinces.
But Taiwan also faces pressure from the United States, its most important international backer and arms supplier, to shift more chip manufacturing there. That comes as TSMC is investing $265 billion in factories in the state of Arizona.
President Lai Ching-te, who, unusually, spoke at two separate events on the same day at the SEMICON Taiwan trade show, said Taiwanese companies were expanding globally to "let resilience create shared prosperity", and that the island's chip strength was based on democracy and rule of law.
#chip #show #international
TAIPEI, Sept 7 (Reuters) - Taiwan flexed its chip diplomacy muscles at a major trade show last week, portraying itself as a democratic and reliable supplier for the AI revolution, while signalling a willingness to share the benefits of its semiconductor prowess with like-minded partners.
Home to companies like TSMC whose chips power AI applications, diplomatically isolated Taiwan has long sought to leverage its tech prowess to garner international support, something Beijing routinely seeks to block saying the island is merely one of its provinces.
But Taiwan also faces pressure from the United States, its most important international backer and arms supplier, to shift more chip manufacturing there. That comes as TSMC is investing $265 billion in factories in the state of Arizona.
President Lai Ching-te, who, unusually, spoke at two separate events on the same day at the SEMICON Taiwan trade show, said Taiwanese companies were expanding globally to "let resilience create shared prosperity", and that the island's chip strength was based on democracy and rule of law.
#chip #show #international
9 days ago
By Laurie Chen and Eduardo Baptista
BEIJING, Sept 4 (Reuters) - President Xi Jinping is preparing a large business delegation to accompany him on his visit to Washington, two sources said, an unusual move given U.S. scepticism towards Chinese investment and Beijing's strained ties with private enterprise.
Xi rarely travels abroad with corporate executives, many of whom fell out of favour after Beijing's regulatory crackdowns on the technology, education and property sectors that began in 2020.
"The White House is not tracking a Chinese CEO delegation," an official said. The White House did not explain what they meant by tracking.
The business delegation for the September 24 summit has not been previously reported. Reuters could not determine which executives would join the delegation.
#business
BEIJING, Sept 4 (Reuters) - President Xi Jinping is preparing a large business delegation to accompany him on his visit to Washington, two sources said, an unusual move given U.S. scepticism towards Chinese investment and Beijing's strained ties with private enterprise.
Xi rarely travels abroad with corporate executives, many of whom fell out of favour after Beijing's regulatory crackdowns on the technology, education and property sectors that began in 2020.
"The White House is not tracking a Chinese CEO delegation," an official said. The White House did not explain what they meant by tracking.
The business delegation for the September 24 summit has not been previously reported. Reuters could not determine which executives would join the delegation.
#business
10 days ago
SEOUL, South Korea (AP) — A group of Chinese artists is boycotting a major art exhibition in South Korea over the organizers' plans to use the name "Taiwan Pavilion" for an exhibition of works by Taiwanese artists.
China considers self-governing Taiwan to be part of its territory and rejects the island's claim to sovereignty. Beijing generally refers to Taiwan as "China's Taiwan region."
China's Foreign Ministry on Thursday criticized the South Korean organizers of the biennial Gwangju Biennale, one of Asia's most prominent art exhibitions, saying the organizers have "stubbornly clung to the wrongful practice, allowing China's Taiwan region to participate under a designation that is completely incompatible with its status."
Spokesperson Guo Jiakun said China hopes the South Korean government will uphold its political commitment to the "one China" principle through concrete action.
The Chinese artists said the same day that they were withdrawing from the festival, which opens Saturday and runs through mid-November.
#korean
China considers self-governing Taiwan to be part of its territory and rejects the island's claim to sovereignty. Beijing generally refers to Taiwan as "China's Taiwan region."
China's Foreign Ministry on Thursday criticized the South Korean organizers of the biennial Gwangju Biennale, one of Asia's most prominent art exhibitions, saying the organizers have "stubbornly clung to the wrongful practice, allowing China's Taiwan region to participate under a designation that is completely incompatible with its status."
Spokesperson Guo Jiakun said China hopes the South Korean government will uphold its political commitment to the "one China" principle through concrete action.
The Chinese artists said the same day that they were withdrawing from the festival, which opens Saturday and runs through mid-November.
#korean
14 days ago
There is always a winner in any major global oil crisis. In 1973/74, it was Saudi Arabia and its OPEC brothers who shifted the balance of power in the market away from the previous arrangement dominated by the West's 'Seven Sisters' to the oil producers of the Middle East. After the 2014-2016 Oil Price War, it was the U.S. whose earlier nascent shale oil sector resisted the threat to its very existence from Saudi Arabia and OPEC, reorganising into a meaner, leaner, lower-cost oil production machine. The U.S. was the winner again in the short-lived 2020 Oil Price War, and this, along with all the other major crises mentioned, is ****** ysed in full in my latest book on the global oil markets. The latest rupture in the global oil market order that followed the U.S.'s 'Operation Epic Fury' against Iran that began on 28 February has also produced a clear winner. It is neither the U.S., Saudi Arabia, nor the other OPEC states -- it is China. So, how inclined will Beijing be to heed Washington's newly announced sanctions on Iran ahead of the meeting of its President Xi Jinping with U.S. counterpart Donald Trump on 24 September at the White House?
The sanctions in question were announced on 20 August by U.S. Treasury Secretary Scott Bessent, who stated they would be "the toughest sanctions in history" on Iran, under the umbrella of 'Economic D-Day' for the country. The direct sanctions on Iran aim for the complete financial isolation and economic shutdown of the regime by cutting off all domestic and international revenue streams. To this end, the U.S. Treasury blacklisted five core sectors of Iran's economy -- Digital ****** ets/Crypto, Technology, Gold, Aviation, and Shipping -- making any business operating within them subject to immediate ****** et freezes. At the same time, all longstanding humanitarian, academic, athletic, and personal remittance exemptions were indefinitely suspended, including a complete ban on non-commercial family money transfers and joint research collaborations. In parallel with this, the state-run Islamic Republic of Iran Shipping Lines (IRISL) and commercial aviation fleets were put under a strict operational embargo, cutting off access to foreign ports, refuelling, and aircraft spare parts. Immediate ****** et freezes were also levied against procurement networks, cyber warfare units, and business syndicates tied to the Islamic Revolutionary Guard Corps (IRGC).
Related: Solar Has Crossed a Critical Economic Tipping Point
In tandem with this, the U.S. Treasury, along with sister organisations, will fully utilise secondary sanctions to force foreign governments and companies to choose between trading with Iran or trading with the U.S., under the umbrella of 'Operation Economic Outcast'. This aims to target the complete financial isolation of Tehran by cutting off its remaining economic lifelines. To that end, the U.S. Treasury has already blacklisted nearly 60 entities, individuals, and vessels, focusing heavily on thir
The sanctions in question were announced on 20 August by U.S. Treasury Secretary Scott Bessent, who stated they would be "the toughest sanctions in history" on Iran, under the umbrella of 'Economic D-Day' for the country. The direct sanctions on Iran aim for the complete financial isolation and economic shutdown of the regime by cutting off all domestic and international revenue streams. To this end, the U.S. Treasury blacklisted five core sectors of Iran's economy -- Digital ****** ets/Crypto, Technology, Gold, Aviation, and Shipping -- making any business operating within them subject to immediate ****** et freezes. At the same time, all longstanding humanitarian, academic, athletic, and personal remittance exemptions were indefinitely suspended, including a complete ban on non-commercial family money transfers and joint research collaborations. In parallel with this, the state-run Islamic Republic of Iran Shipping Lines (IRISL) and commercial aviation fleets were put under a strict operational embargo, cutting off access to foreign ports, refuelling, and aircraft spare parts. Immediate ****** et freezes were also levied against procurement networks, cyber warfare units, and business syndicates tied to the Islamic Revolutionary Guard Corps (IRGC).
Related: Solar Has Crossed a Critical Economic Tipping Point
In tandem with this, the U.S. Treasury, along with sister organisations, will fully utilise secondary sanctions to force foreign governments and companies to choose between trading with Iran or trading with the U.S., under the umbrella of 'Operation Economic Outcast'. This aims to target the complete financial isolation of Tehran by cutting off its remaining economic lifelines. To that end, the U.S. Treasury has already blacklisted nearly 60 entities, individuals, and vessels, focusing heavily on thir
15 days ago
By Ben Blanchard
TAIPEI, Aug 31 (Reuters) - An increasingly unpredictable Beijing is tightening its grip on the air and sea around Taiwan, Taipei said in an annual review of the Chinese threat that also said China was learning lessons from issues faced by the United States in waging war on Iran.
China views democratically governed Taiwan as its own territory, has never renounced the use of force to bring the island under its control, and sends its military into the waters and airspace around Taiwan on an almost daily basis.
Taiwan's government rejects Beijing's sovereignty claims, saying only the island's people can decide their future. The United States supplies Taiwan with weapons while maintaining a policy of ambiguity about whether it would fight to defend it.
In its annual report on China's military threat, a copy of which was reviewed by Reuters, Taiwan's defence ministry said the regional security situation "continues to escalate", noting a "rising unpredictability" in China's decision-making due to an "unprecedented" purge of senior military officers.
#taiwan #China #around
TAIPEI, Aug 31 (Reuters) - An increasingly unpredictable Beijing is tightening its grip on the air and sea around Taiwan, Taipei said in an annual review of the Chinese threat that also said China was learning lessons from issues faced by the United States in waging war on Iran.
China views democratically governed Taiwan as its own territory, has never renounced the use of force to bring the island under its control, and sends its military into the waters and airspace around Taiwan on an almost daily basis.
Taiwan's government rejects Beijing's sovereignty claims, saying only the island's people can decide their future. The United States supplies Taiwan with weapons while maintaining a policy of ambiguity about whether it would fight to defend it.
In its annual report on China's military threat, a copy of which was reviewed by Reuters, Taiwan's defence ministry said the regional security situation "continues to escalate", noting a "rising unpredictability" in China's decision-making due to an "unprecedented" purge of senior military officers.
#taiwan #China #around
16 days ago
By Che Pan and Mrinmay Dey
Aug 28 (Reuters) - China's top memory chipmaker, ChangXin Memory Technologies, sued the Pentagon on Friday over being placed on a list of companies the United States believes are aiding Beijing's military.
The Pentagon did not immediately respond to a Reuters request for comment.
The company was designated a Chinese military company by the U.S. Defense Department under the Biden administration and was retained on the list by the Trump administration during a June update.
"CXMT is not affiliated with the Chinese military," the company said in the lawsuit. "CXMT designs, produces, and sells its DRAM chips for civilian and commercial use, not for military use," the company said.
#cxmt #administration
Aug 28 (Reuters) - China's top memory chipmaker, ChangXin Memory Technologies, sued the Pentagon on Friday over being placed on a list of companies the United States believes are aiding Beijing's military.
The Pentagon did not immediately respond to a Reuters request for comment.
The company was designated a Chinese military company by the U.S. Defense Department under the Biden administration and was retained on the list by the Trump administration during a June update.
"CXMT is not affiliated with the Chinese military," the company said in the lawsuit. "CXMT designs, produces, and sells its DRAM chips for civilian and commercial use, not for military use," the company said.
#cxmt #administration
16 days ago
By Joyce Zhou
HONG KONG, Aug 30 (Reuters) - People queued on Sunday to chat, browse and bid farewell to an independent Hong Kong bookstore before it shut, following a July police raid over alleged seditious books and what the store owners said was a "poor business performance".
Snaking lines formed outside the bookstore, Have a Nice Stay, stretching down the staircase in Hong Kong's Kowloon district. Only 20 people at a time were allowed to enter the roughly 600 square-foot **** e.
The city's once-flourishing independent bookstore industry has rapidly dwindled since Beijing imposed sweeping national security legislation on the city in 2020.
Many offered a broader range of political and social **** les than mainstream retailers and became important **** es for civil society through book talks and workshops.
#kong #sunday
HONG KONG, Aug 30 (Reuters) - People queued on Sunday to chat, browse and bid farewell to an independent Hong Kong bookstore before it shut, following a July police raid over alleged seditious books and what the store owners said was a "poor business performance".
Snaking lines formed outside the bookstore, Have a Nice Stay, stretching down the staircase in Hong Kong's Kowloon district. Only 20 people at a time were allowed to enter the roughly 600 square-foot **** e.
The city's once-flourishing independent bookstore industry has rapidly dwindled since Beijing imposed sweeping national security legislation on the city in 2020.
Many offered a broader range of political and social **** les than mainstream retailers and became important **** es for civil society through book talks and workshops.
#kong #sunday
16 days ago
BEIJING, Aug 29 (Reuters) - The threat of a lake formed after a glacier collapse bursting near the China-Nepal border where a devastating flood occurred earlier this week has decreased, Chinese authorities said on Saturday, as its size appears to have shrunk.
Satellite images from Thursday to Saturday morning suggest that water in the lake – straddling the China-Nepal border at the confluence of two rivers – has been slowly flowing through, decreasing the reservoir gradually, state broadcaster CCTV reported citing the Water Resources Ministry.
The ministry said satellite imagery of the surface area of the lake at Purepu Tsangpo river showed it was 99,000 sqm in size on early Saturday morning – around the size of 14 football fields combined – having shrunk by 21,000 sqm compared with images from Thursday.
A glacier collapse on Wednesday sending a powerful torrent of rock, ice, mud and debris through Himalayan mountain river systems swept away a border port complex linking China's Tibet to Nepal, killing hundreds and leaving thousands missing.
Experts and authorities have warned of the extremely high risk of secondary disasters in the valley, especially from the lake that was formed by glacier debris, potentially endangering rescue operations downstream.
#border #thursday #satellite
Satellite images from Thursday to Saturday morning suggest that water in the lake – straddling the China-Nepal border at the confluence of two rivers – has been slowly flowing through, decreasing the reservoir gradually, state broadcaster CCTV reported citing the Water Resources Ministry.
The ministry said satellite imagery of the surface area of the lake at Purepu Tsangpo river showed it was 99,000 sqm in size on early Saturday morning – around the size of 14 football fields combined – having shrunk by 21,000 sqm compared with images from Thursday.
A glacier collapse on Wednesday sending a powerful torrent of rock, ice, mud and debris through Himalayan mountain river systems swept away a border port complex linking China's Tibet to Nepal, killing hundreds and leaving thousands missing.
Experts and authorities have warned of the extremely high risk of secondary disasters in the valley, especially from the lake that was formed by glacier debris, potentially endangering rescue operations downstream.
#border #thursday #satellite
18 days ago
JOHANNESBURG: A top State Department official has hit out at China for what **** ysts are calling "the China shock wave" effect now crippling African economies.
African manufacturing is reportedly being battered by a surge of Chinese imports. It's a triple whammy — China takes raw materials, including critical minerals, from the continent and floods Africa with state-subsidized products. And Beijing isn't importing anywhere near an equal amount of African products.
The China Global South Project reported that in 2025, Chinese exports to Africa hit $225 billion in value, whereas imports from Africa were roughly only half that — $123 billion.
Putin Using Africa As 'Purse' For Ukraine War While Us Faces 'Intelligence Black Hole': Commander
China's Xi Jinping with President of the Comoros Azali **** oumani (L), South African President Cyril Ramaphosa and Senegalese President Macky Sall attend the China-Africa Leaders' Roundtable Dialogue on the last day of the 2023 BRICS Summit in Johannesburg on Aug.24, 2023.
#state
African manufacturing is reportedly being battered by a surge of Chinese imports. It's a triple whammy — China takes raw materials, including critical minerals, from the continent and floods Africa with state-subsidized products. And Beijing isn't importing anywhere near an equal amount of African products.
The China Global South Project reported that in 2025, Chinese exports to Africa hit $225 billion in value, whereas imports from Africa were roughly only half that — $123 billion.
Putin Using Africa As 'Purse' For Ukraine War While Us Faces 'Intelligence Black Hole': Commander
China's Xi Jinping with President of the Comoros Azali **** oumani (L), South African President Cyril Ramaphosa and Senegalese President Macky Sall attend the China-Africa Leaders' Roundtable Dialogue on the last day of the 2023 BRICS Summit in Johannesburg on Aug.24, 2023.
#state
18 days ago
By David Lague and Yimou Lee
PENGHU, Taiwan, Aug 28 (Reuters) - In the pre-dawn darkness on an island in the Taiwan Strait, Taiwanese troops earlier this month pulled long, gleaming 105mm shells from their green plastic canisters. After all the ammunition had been checked and safely loaded through hatches on four tanks, troops waited silently for the order to fire.
(Read the story on Reuters.com: )
The soldiers are among the thousands of troops that form a garrison on the Penghu Islands and they are training for war with China. If Beijing decides to attack, they will be on Taiwan's frontline.
A popular tourist destination known for its pristine beaches and coral reefs, this strategically crucial cluster of 90 islands and islets, about 50 km off the southwest coast of the main island of Taiwan, would be hit in the first wave of an attempted Chinese invasion, according to senior Taiwanese security officials and military experts.
#taiwan #troops
PENGHU, Taiwan, Aug 28 (Reuters) - In the pre-dawn darkness on an island in the Taiwan Strait, Taiwanese troops earlier this month pulled long, gleaming 105mm shells from their green plastic canisters. After all the ammunition had been checked and safely loaded through hatches on four tanks, troops waited silently for the order to fire.
(Read the story on Reuters.com: )
The soldiers are among the thousands of troops that form a garrison on the Penghu Islands and they are training for war with China. If Beijing decides to attack, they will be on Taiwan's frontline.
A popular tourist destination known for its pristine beaches and coral reefs, this strategically crucial cluster of 90 islands and islets, about 50 km off the southwest coast of the main island of Taiwan, would be hit in the first wave of an attempted Chinese invasion, according to senior Taiwanese security officials and military experts.
#taiwan #troops
19 days ago
BEIJING/SINGAPORE, Aug 26 (Reuters) - China's Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon and Alphabet's Google that would allow the U.S. cloud giants to host its blockbuster Kimi K3 model, three people familiar with the talks said.
Any deal could mark the first big revenue-sharing pact between a Chinese AI firm and a major U.S. cloud company.
The discussions highlight how China's leading AI models, often far cheaper than Western offerings, are gaining traction in the U.S., despite national security concerns in Washington that have led to bans on exports of AI chips to China. They are also taking place despite critical comments about Moonshot from senior U.S. officials.
IPO-bound Moonshot is seeking up to a 30% share of revenue generated from K3-related services on Microsoft's Azure, Amazon Web Services and Google Cloud, according to the sources who declined to be identified because the discussions are private.
That would be in line with terms that sources have said the startup has outlined for major customers using the open-weight model.
#revenue
Any deal could mark the first big revenue-sharing pact between a Chinese AI firm and a major U.S. cloud company.
The discussions highlight how China's leading AI models, often far cheaper than Western offerings, are gaining traction in the U.S., despite national security concerns in Washington that have led to bans on exports of AI chips to China. They are also taking place despite critical comments about Moonshot from senior U.S. officials.
IPO-bound Moonshot is seeking up to a 30% share of revenue generated from K3-related services on Microsoft's Azure, Amazon Web Services and Google Cloud, according to the sources who declined to be identified because the discussions are private.
That would be in line with terms that sources have said the startup has outlined for major customers using the open-weight model.
#revenue
21 days ago
Reuters reported on August 14, 2026, that Apple Inc. (NASDAQ:AAPL) has trained its own large language model specifically for the China market, developed in partnership with and trained with support from Alibaba Group Holding Limited (NYSE:BABA), according to three people familiar with the matter. It is a departure from Apple's approach of relying on third-party Chinese AI models.
Apple has been losing ground in China's AI-equipped smartphone market to domestic rivals like Huawei. Hence, a China-specific model of its own would give Apple far more control than simply plugging into a partner's AI service.
That raises the real question: is this proprietary model a genuine technological leap for Apple in China, or just a more controlled version of the same dependence on local partners it already had?
A self-trained, China-tailored model would make Apple Inc. (NASDAQ:AAPL) the first foreign company approved by Beijing to offer a proprietary AI model in the country, notable given the trade and diplomatic rift between the US and China over AI. Apple Intelligence is expected to launch in China in the coming months following an iOS update, after the Cyberspace Administration of China registered Apple's generative AI service in July 2026. It cleared a regulatory process that took roughly a year and required co-developing features with both Alibaba Group Holding Limited (NYSE:BABA) and Baidu. That dual-track approach gives Apple a path through regulatory hurdles that have largely blocked other US tech firms in China. China remains critical to Apple's revenue, and the absence of AI features on Chinese iPhones has been cited as a factor pushing consumers toward domestic brands with built-in AI ***** istants.
Apple Inc. (NASDAQ:AAPL) has already reversed course once on how it plans to reach Chinese users: it published a Chinese-language guide just days earlier explaining how Mac users could connect Alibaba's Qwen to Siri and Writing Tools, then deleted that guide without explanation. Neither Apple nor Alibaba has confirmed the new self-trained model publicly, and it remains unclear what role it will play alongside the third-party Chinese models Apple already committed to using. The overall strategy has taken roughly a year and a half to reach this point since the Alibaba Group Holding Limited (NYSE:BABA) partnership was first confirmed in February 2025. It shows how contested Apple's path to a China AI launch has been.
#model #alibaba
Apple has been losing ground in China's AI-equipped smartphone market to domestic rivals like Huawei. Hence, a China-specific model of its own would give Apple far more control than simply plugging into a partner's AI service.
That raises the real question: is this proprietary model a genuine technological leap for Apple in China, or just a more controlled version of the same dependence on local partners it already had?
A self-trained, China-tailored model would make Apple Inc. (NASDAQ:AAPL) the first foreign company approved by Beijing to offer a proprietary AI model in the country, notable given the trade and diplomatic rift between the US and China over AI. Apple Intelligence is expected to launch in China in the coming months following an iOS update, after the Cyberspace Administration of China registered Apple's generative AI service in July 2026. It cleared a regulatory process that took roughly a year and required co-developing features with both Alibaba Group Holding Limited (NYSE:BABA) and Baidu. That dual-track approach gives Apple a path through regulatory hurdles that have largely blocked other US tech firms in China. China remains critical to Apple's revenue, and the absence of AI features on Chinese iPhones has been cited as a factor pushing consumers toward domestic brands with built-in AI ***** istants.
Apple Inc. (NASDAQ:AAPL) has already reversed course once on how it plans to reach Chinese users: it published a Chinese-language guide just days earlier explaining how Mac users could connect Alibaba's Qwen to Siri and Writing Tools, then deleted that guide without explanation. Neither Apple nor Alibaba has confirmed the new self-trained model publicly, and it remains unclear what role it will play alongside the third-party Chinese models Apple already committed to using. The overall strategy has taken roughly a year and a half to reach this point since the Alibaba Group Holding Limited (NYSE:BABA) partnership was first confirmed in February 2025. It shows how contested Apple's path to a China AI launch has been.
#model #alibaba
21 days ago
BEIJING, Aug 24 (Reuters) - Chinese automaker Xpeng said on Monday its robotics unit had raised more than $900 million in its first funding round, setting a new record for a single private financing in China's embodied AI sector.
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
Gaorong Ventures, an early investor in autonomous driving company Momenta and humanoid robot startup AgiBot, also participated in the funding.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng has aimed to reach a monthly output of 1,000 units of its IRON humanoid robot by the end of the year, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
#robotics #funding #company
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
Gaorong Ventures, an early investor in autonomous driving company Momenta and humanoid robot startup AgiBot, also participated in the funding.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng has aimed to reach a monthly output of 1,000 units of its IRON humanoid robot by the end of the year, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
#robotics #funding #company
21 days ago
WASHINGTON (AP) — President Donald Trump is moving toward levying a new tariff on China that would penalize the world's second-largest economy for flooding the global market with underpriced goods, according to three people familiar with the matter.
Two of the people, who spoke on condition of anonymity to discuss internal deliberations still being finalized, said Trump is considering setting the new tariff at 7.5%. It's a level administration officials believe would not endanger the one-year trade truce between Washington and Beijing or a planned White House meeting between Trump and Chinese President Xi Jinping expected to take place in late September.
The move, if finalized, appears to be a calibrated effort by the White House to work around a Supreme Court decision earlier this year that struck down Trump's plan to implement a sweeping, high-tariff scheme not seen since the 1930s.
After that decision, the Trump administration announced in March it was launching formal investigations targeting excess industrial capacity and forced-labor regulations in China and other nations.
It isn't clear if the U.S. administration is also nearing its decision in its probes of the other economies that it announced it was investigating for unfair trade practices, including the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, South Korea, Vietnam, Taiwan, Bangladesh, Mexico, ******* an and India.
#president #China #House #people
Two of the people, who spoke on condition of anonymity to discuss internal deliberations still being finalized, said Trump is considering setting the new tariff at 7.5%. It's a level administration officials believe would not endanger the one-year trade truce between Washington and Beijing or a planned White House meeting between Trump and Chinese President Xi Jinping expected to take place in late September.
The move, if finalized, appears to be a calibrated effort by the White House to work around a Supreme Court decision earlier this year that struck down Trump's plan to implement a sweeping, high-tariff scheme not seen since the 1930s.
After that decision, the Trump administration announced in March it was launching formal investigations targeting excess industrial capacity and forced-labor regulations in China and other nations.
It isn't clear if the U.S. administration is also nearing its decision in its probes of the other economies that it announced it was investigating for unfair trade practices, including the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, South Korea, Vietnam, Taiwan, Bangladesh, Mexico, ******* an and India.
#president #China #House #people
22 days ago
(Removes repetitive bullet)
BEIJING, Aug 24 (Reuters) - China's Foreign Minister **** Yi said on Monday the situation in the Middle East and Gulf region had again reached a critical juncture and urged parties involved to return to dialogue and negotiations as soon as possible.
Wang made the remarks in a meeting with Foreign Minister of Kuwait Sheikh Jarrah Jaber Al-Ahmad Al-Sabah in Beijing, according to a Chinese foreign ministry statement.
• **** said "the old script of recurring conflict should not be repeated" and the top priority is to de-escalate the situation.
• He said China was willing to strengthen coordination with Kuwait and continue contributing to the restoration of peace and stability in the region.
#minister #removes
BEIJING, Aug 24 (Reuters) - China's Foreign Minister **** Yi said on Monday the situation in the Middle East and Gulf region had again reached a critical juncture and urged parties involved to return to dialogue and negotiations as soon as possible.
Wang made the remarks in a meeting with Foreign Minister of Kuwait Sheikh Jarrah Jaber Al-Ahmad Al-Sabah in Beijing, according to a Chinese foreign ministry statement.
• **** said "the old script of recurring conflict should not be repeated" and the top priority is to de-escalate the situation.
• He said China was willing to strengthen coordination with Kuwait and continue contributing to the restoration of peace and stability in the region.
#minister #removes
22 days ago
By Saurabh Sharma and Aftab Ahmed
NEW DELHI, Aug 24 (Reuters) - Chinese President Xi Jinping is likely to attend next month's BRICS summit in New Delhi with a large delegation, three sources said, in what would be his first visit in seven years and a fresh sign of a thaw between the rivals.
India is hosting the September 12 to 13 summit, where Xi's presence would be watched less for the BRICS agenda than for what it signals about Beijing and New Delhi's efforts to stabilise relations after deadly border clashes in 2020.
"Chinese officials are busy finalising hotels and security protocols," one of the Indian sources with direct knowledge told Reuters.
Last year, Indian Prime Minister Narendra Modi visited China for the first time in seven years, but the relationship has only improved gradually. More recently, a fresh border-related dispute triggered sharp diplomatic exchanges between the two sides.
#Delhi #brics #sources #years
NEW DELHI, Aug 24 (Reuters) - Chinese President Xi Jinping is likely to attend next month's BRICS summit in New Delhi with a large delegation, three sources said, in what would be his first visit in seven years and a fresh sign of a thaw between the rivals.
India is hosting the September 12 to 13 summit, where Xi's presence would be watched less for the BRICS agenda than for what it signals about Beijing and New Delhi's efforts to stabilise relations after deadly border clashes in 2020.
"Chinese officials are busy finalising hotels and security protocols," one of the Indian sources with direct knowledge told Reuters.
Last year, Indian Prime Minister Narendra Modi visited China for the first time in seven years, but the relationship has only improved gradually. More recently, a fresh border-related dispute triggered sharp diplomatic exchanges between the two sides.
#Delhi #brics #sources #years
22 days ago
BEIJING, Aug 24 (Reuters) - Chinese automaker Xpeng said on Monday its robotics unit had raised more than $900 million in its first funding round, setting a new record for a single private financing in China's embodied AI sector.
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng plans to begin mass production of its humanoid robot, Xpeng IRON, by year-end, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
CEO He Xiaopeng announced in June that he would personally lead the robotics business as the electric vehicle maker, seen as one of the leading automaker-backed developers of humanoid robots, pushes towards mass production.
#mass #automaker #business
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng plans to begin mass production of its humanoid robot, Xpeng IRON, by year-end, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
CEO He Xiaopeng announced in June that he would personally lead the robotics business as the electric vehicle maker, seen as one of the leading automaker-backed developers of humanoid robots, pushes towards mass production.
#mass #automaker #business
23 days ago
TAIPEI, Aug 22 (Reuters) - A U.S. Navy P-8A Poseidon aircraft transited the Taiwan Strait in international airspace on Friday, in a move the U.S. 7th Fleet said "demonstrates the United States' commitment to a free and open Indo-Pacific".
The Chinese military tracked and monitored the patrol and reconnaissance aircraft throughout the transit, the state-backed Global Times newspaper reported, citing a military source, saying the "situation was under control".
U.S. military ships or aircraft every few months pass through or above the waterway that separates democratically governed Taiwan from China — missions that anger Beijing.
Chinese President Xi Jinping is expected to visit the United States next month to meet President Donald Trump as Washington and Beijing look to stabilise ties marred by issues including Taiwan, trade disputes and technology curbs.
"By operating within the Taiwan Strait in accordance with international law, the United States upholds the navigational rights and freedoms of all nations," the 7th Fleet said in a statement.
#united #strait
The Chinese military tracked and monitored the patrol and reconnaissance aircraft throughout the transit, the state-backed Global Times newspaper reported, citing a military source, saying the "situation was under control".
U.S. military ships or aircraft every few months pass through or above the waterway that separates democratically governed Taiwan from China — missions that anger Beijing.
Chinese President Xi Jinping is expected to visit the United States next month to meet President Donald Trump as Washington and Beijing look to stabilise ties marred by issues including Taiwan, trade disputes and technology curbs.
"By operating within the Taiwan Strait in accordance with international law, the United States upholds the navigational rights and freedoms of all nations," the 7th Fleet said in a statement.
#united #strait
24 days ago
It's really something to see a true one-of-one. The first time it really stuck, it really happened to me, was Usain Bolt in 2008 in Beijing. With all due respect to what Michael Phelps did in those Olympics, there's something primal about the 100m dash, something we've been doing as a species since Urk bragged to Gru he could get to that rock over there first. It was quite something for 14-year-old Joshua to see the seven fastest men in the world three steps behind this freak — and I say that with the utmost admiration.
Of course Bolt did that two more times in those Games, then broke his own record at the World Championships in Berlin a year later—still the fastest time ever recorded—and then in London, and just for good measure took home the gold in the 100m and 200m in Rio in 2016. The greatest sprinter of all time and a 100th-percentile outcome for what the human body can be. Bolt went out with a whimper though, pulling up lame in the 4x100m relay final at the 2017 World Championships. A hamstring injury mid-race spelled the end of one of sports' great, fiery comets.
You almost never get to go out on your own terms, especially in athletics. Eventually, your body—the thing that earned you a living, the thing that elevated you over pretty much the entire global population—lets you down. Giancarlo Stanton is also a true one-of-one. You could make a compelling argument that ****** ody in the history of baseball has boasted his raw power. Perhaps ****** ody in the sport has ever had so many home runs where the defenders simply didn't move upon contact:
View Link
And of course, like A-Rod in 2009, there's a very good chance the Yankees don't even make the World Series in '24 if Stanton doesn't hammer the ball like he can. Cleveland in particular had no answer whatsoever to the ALCS MVP, who showered Guardians pitching with four clutch homers. He had a 1.048 OPS that postseason and likely walks away with 18 career playoff homers and a .926 OPS in 202 plate appearances.
#time #championships #stanton #true
Of course Bolt did that two more times in those Games, then broke his own record at the World Championships in Berlin a year later—still the fastest time ever recorded—and then in London, and just for good measure took home the gold in the 100m and 200m in Rio in 2016. The greatest sprinter of all time and a 100th-percentile outcome for what the human body can be. Bolt went out with a whimper though, pulling up lame in the 4x100m relay final at the 2017 World Championships. A hamstring injury mid-race spelled the end of one of sports' great, fiery comets.
You almost never get to go out on your own terms, especially in athletics. Eventually, your body—the thing that earned you a living, the thing that elevated you over pretty much the entire global population—lets you down. Giancarlo Stanton is also a true one-of-one. You could make a compelling argument that ****** ody in the history of baseball has boasted his raw power. Perhaps ****** ody in the sport has ever had so many home runs where the defenders simply didn't move upon contact:
View Link
And of course, like A-Rod in 2009, there's a very good chance the Yankees don't even make the World Series in '24 if Stanton doesn't hammer the ball like he can. Cleveland in particular had no answer whatsoever to the ALCS MVP, who showered Guardians pitching with four clutch homers. He had a 1.048 OPS that postseason and likely walks away with 18 career playoff homers and a .926 OPS in 202 plate appearances.
#time #championships #stanton #true
25 days ago
(Corrects Aug 20 story in paragraph 5 to remove erroneous reference to Julius Baer)
By Summer Zhen, Selena Li and Xinghui Kok
HONG KONG/SINGAPORE, Aug 20 (Reuters) - A growing campaign to tax offshore wealth is forcing wealthy Chinese people to rethink their trust structures and investment holdings, lawyers and advisers say, as Beijing sharpens its focus on capital outflows and rule enforcement amid growing fiscal strains.
In late July, authorities overhauled rules to impose a 20% income tax on offshore trusts, while tax offices in major cities like Beijing and Hangzhou have started to enforce taxation on returns from offshore insurance policies.
Those measures have triggered a scramble among some wealthy individuals to ***** s their liabilities, raise cash to meet them and revamp investment holdings. They have also fuelled concern that Beijing may widen its tax crackdown and scrutiny of offshore wealth.
#wealth #wealthy #investment
By Summer Zhen, Selena Li and Xinghui Kok
HONG KONG/SINGAPORE, Aug 20 (Reuters) - A growing campaign to tax offshore wealth is forcing wealthy Chinese people to rethink their trust structures and investment holdings, lawyers and advisers say, as Beijing sharpens its focus on capital outflows and rule enforcement amid growing fiscal strains.
In late July, authorities overhauled rules to impose a 20% income tax on offshore trusts, while tax offices in major cities like Beijing and Hangzhou have started to enforce taxation on returns from offshore insurance policies.
Those measures have triggered a scramble among some wealthy individuals to ***** s their liabilities, raise cash to meet them and revamp investment holdings. They have also fuelled concern that Beijing may widen its tax crackdown and scrutiny of offshore wealth.
#wealth #wealthy #investment
25 days ago
BEIJING, Aug 21 (Reuters) - Tesla will roll out software fixes for millions of vehicles in China, the country's market regulator said on Monday, marking the automaker's largest-ever recall in the market.
Effective September 25, Tesla will recall 2.98 million China-made and imported Model 3, Model Y, Model S and Model X vehicles because emergency door release handles may be difficult to identify, potentially hindering escape or rescue after a severe crash and electrical system failure. The remedy includes warning labels and an over-the-air (OTA) update that lowers windows after a collision.
Separately, Tesla is immediately recalling 2.74 million China-made Model 3 and Model Y vehicles for an OTA software update to enhance driver-attention monitoring while ******* isted steering and other driver-assistance functions are engaged, reducing the risk of collisions if drivers fail to respond promptly.
(Reporting by Beijing newsroom; Editing by Joe Bavier)
The supertruck arms race is getting petty in the best way possible. With Ram resurrecting the supercharged 777-horsepower TRX SRT and aggressively pushing its 540-hp inline-six Ram 1500 RHO, Ford is making a aggressive move to protect its territory. For the 2027 model year, The Blue Oval has slashed $4,010 off the standard F-150 Raptor's entry sticker, bringing the delivered base price down to $77,790.
#vehicles #beijing #made
Effective September 25, Tesla will recall 2.98 million China-made and imported Model 3, Model Y, Model S and Model X vehicles because emergency door release handles may be difficult to identify, potentially hindering escape or rescue after a severe crash and electrical system failure. The remedy includes warning labels and an over-the-air (OTA) update that lowers windows after a collision.
Separately, Tesla is immediately recalling 2.74 million China-made Model 3 and Model Y vehicles for an OTA software update to enhance driver-attention monitoring while ******* isted steering and other driver-assistance functions are engaged, reducing the risk of collisions if drivers fail to respond promptly.
(Reporting by Beijing newsroom; Editing by Joe Bavier)
The supertruck arms race is getting petty in the best way possible. With Ram resurrecting the supercharged 777-horsepower TRX SRT and aggressively pushing its 540-hp inline-six Ram 1500 RHO, Ford is making a aggressive move to protect its territory. For the 2027 model year, The Blue Oval has slashed $4,010 off the standard F-150 Raptor's entry sticker, bringing the delivered base price down to $77,790.
#vehicles #beijing #made
28 days ago
By Eduardo Baptista and Laurie Chen
BEIJING, Aug 18 (Reuters) - China's humanoid robot makers have spent the past two years dazzling investors with machines that can breakdance, throw punches and even set marathon records. This week in Beijing, they face a tougher test in proving their inventions can work reliably to generate economic value.
More than 300 companies are expected at the World Robot Conference from Wednesday through Sunday, showcasing over 2,000 exhibits and launching more than 150 products, according to Beijing authorities.
The conference coincides with the Shanghai stock market debut of Unitree, one of the world's largest humanoid robot makers by sales volume, after an initial public offering that was more than 8,000 times oversubscribed by retail investors.
Unitree founder ****** Xingxing will address the conference's main forum on Thursday on the next decade of the humanoid industry, according to the Beijing municipal government.
#unitree
BEIJING, Aug 18 (Reuters) - China's humanoid robot makers have spent the past two years dazzling investors with machines that can breakdance, throw punches and even set marathon records. This week in Beijing, they face a tougher test in proving their inventions can work reliably to generate economic value.
More than 300 companies are expected at the World Robot Conference from Wednesday through Sunday, showcasing over 2,000 exhibits and launching more than 150 products, according to Beijing authorities.
The conference coincides with the Shanghai stock market debut of Unitree, one of the world's largest humanoid robot makers by sales volume, after an initial public offering that was more than 8,000 times oversubscribed by retail investors.
Unitree founder ****** Xingxing will address the conference's main forum on Thursday on the next decade of the humanoid industry, according to the Beijing municipal government.
#unitree
