takeshi niinami salary

But mostly, how we can leverage incumbent and the current product lines. So, I didnt feel any obstacle for me to join Suntory Holdings because of family business, because I wanted to work together with Gary Saji to push this company to be a global company, based on Japanese culture, based on Suntory culture. Plus, we have innovation to reduce the sugar content out of beer. Christine: Was there a lot of unhappiness involved? World Economic Forum. The Suntory president was participating in the Japan Association of Corporate Executives' summer seminar when he made the comments on both days. Member of International Business Council. How does it feel to be the first chief executive outside the founding family to head the 120-year-old drinks maker? The reason is that we have already brands to develop and we have still markets to develop, such as India, other countries like Vietnam, Thailand, Thailand. So, both parties tried to understand even simple things. Morningstar: Copyright2018Morningstar, Inc. All Rights Reserved. Founded as a family-owned business in 1899 in Osaka, Japan, Suntory Group has grown into a global company operating throughout the Americas, Europe, Africa, Asia, and Oceania with annual revenue (excluding excise taxes) of $19.8 billion in 2021. Takeshi Niinami. Search instead in Creative? - March 2013. Takeshi Niinami particip en la IESE Global Alumni Reunion 2021 y en el curso del programa MBA "El futuro del capitalismo", impartido por el IESE y la Universidad Shizenkan, cuya prxima edicin est prevista para 2022. *Monozukuri Japanese term for craftsmanship. Speakers. In the Beverages industry, Takeshi Niinami has 5,804 colleagues in 450 companies located in 70 countries. And if there is a chance, opportunity to acquire some bottlers we might think about. 2023 CNBC LLC. Cuanto ms colaboramos entre industrias y nos asociamos con competidores globales, ms podemos acelerar la Gary Saji talked to me, "Tak, take a look at this. Meanwhile, the country's largest labor group, the Japanese Trade Union Confederation or Rengo, is now demanding wage increases of 5% at this year's talks with the management of various companies. All Rights Reserved. The colleagues of Takeshi Niinami. Our products do much more than just quench peoples thirst; our products strengthen the bond between people, deliver joy and move peoples hearts. Unlike other government space organizations, India's agency is extremely efficient, with the lowest cost-per-kilogram in the industry. At Suntory, Takeshi Niinami has 174 colleagues including Nobutada Saji (Chairman of the Board), Takashi Mikuriya (Director) . We increased the gross margin rate tremendously by learning from Beam Suntory. Most stock quote data provided by BATS. Ahora bien, es algo que debe abordarse y resolverse en aras de lograr un progreso colectivo respecto a los objetivos de sostenibilidad. Joining the show to discuss is Suntory CEO Takeshi Niinami. Customers browsing for vegetables at a supermarket in Tokyo in January. I was just like this (gesture). Christine: Niinami-san, thank you so much for talking to me. That means they're often very cautious about raising wages in good times so that they have the means to protect their workers when times are tough. Despite facing global economic challenges including a pandemic and a spike in supply chain-related costs, Japanese beverage giant Suntory Holdings -- . Is it a secret? Asia es un actor importante en lo que respecta a la sostenibilidad, el mundo no puede alcanzar los objetivos climticos sin la accin rpida y eficaz de los pases asiticos. Analysis by Michelle Toh and Emiko Jozuka, CNN, Updated 0006 GMT (0806 HKT) February 4, 2023. Christine: What will your expansion plans look like in the next few years? "Nuestra filosofa es simple: servir a la sociedad garantiza nuestra licencia social para operar". 2 Lawson reviews. Got a confidential news tip? La sostenibilidad es cara. A Division of NBCUniversal. 2023 CNBC LLC. What new markets are you looking to get into? Our Solutions. Tak Niinami is the Chief Executive Officer of Suntory Holdings, one of the world's leading consumer products companies with operations throughout the Americas, Europe, Asia and Oceania. There was the conflict between how to manage the entire fleet of Suntory's spirits business. But how to compromise or to take the good parts? Trustee He rowed back on the comment somewhat the following day, saying, "It might have been clumsy of me to use the term 'retirement age.'". Had dinner last night with Takeshi Niinami. The U.S. market is a very unique comparing with Japan and the Europe. India is one of only a handful of nations that have sent probes to the moon and Mars. Christine: Well, it has been five years, are you done with the integration process? Niinami: At this moment, there is no plan yet. Christine: It's a big opportunity for you? But it wasn't after three months, he found. In the past Mr. Niinami occupied the position of Chairman of Lawson, Inc. Chairman of Ninety-nine Plus, Inc. and Chairman of Lawson Entermedia, Inc. (both are subsidiaries of Lawson, Inc.), Unit Manager-Lawson & Dining Operations at Mitsubishi Corp. and President at LEOC Co., Ltd. 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Asked for details, a government spokesperson told CNN that new "comprehensive economic measures will include expanded support for wage increases, integrated with an improvement in productivity.". Sunday 01:00, 03:00, 06:00, 09:00, 16:00, 18:00, 20:00. I know it will take us so long a time to enjoy the profits, but there is a big trend that Chinese consumers are trying to taste something different. Meanwhile, we are now asked to reconsider what is the genuine abundance for the people living today. However, we are always cautious because all this consumer trend changes. Niinami: That's right. We wanted Beam management was to cruise the ship, and the Captain himself was Matt Shattock, as a matter of fact, he did a great job. Apple Google Spotify. Outside of Suntory, Tak is a member of the Council on Social Security Reform for All Generations and has . Has there been a change in strategy on your part? Takeshi Niinami, CEO of Suntory Holdings, gestures as he answers questions during a press conference in Tokyo on July 1, 2014.Ed Sheeran was forced to defend himself to mean internet trolls who called him "fat" and "chunky".PUBLISHED ON 12/23/2019 The . January 4, 2022 - WHILL, Inc. (WHILL) today announced the appointment of Takeshi Niinami, President and Representative Director of Suntory Holdings Limited, as an external board member; Megan Frost, Director of Product Design for iCloud, Maps, and Education at Apple . Tokyo, Dec. 12 (Jiji Press)--The Japan Association of Corporate Executives, or Keizai Doyukai, decided on Monday to appoint Suntory Holdings Ltd. President Takeshi Niinami as its next chairman. The news . So, I tried not to be in a hurry and I communicated in depth with Matt Shattock and we tried to gain trust. Tak is also a member of the International Chamber of Commerce's Executive Board, the World Economic Forum's International Business Council, the Advisory Board of the World Economic Forum Center for the Fourth Industrial Revolution, the Global Board of Advisors of the Council on Foreign Relations, and The Business Council in the US. I mean, we really respect Kirin. For Takeshi Niinami, a $16 billion business deal shared similarities with the 2003 hit movie. Outside of Suntory, Tak is a member of the Council on Social Security Reform for All Generations and has served on the Council on Economic and Fiscal Policy as senior economic advisor to the Prime Minister since 2014. Christine So, you would say that was a huge success? I like that kind of company to be global. How do you want to grow in the US? "In a country where you haven't had nominal wage growth over 30 years, real wages are declining quite rapidly as a result [of inflation]," Stefan Angrick, a Tokyo-based senior economist at Moody's Analytics, told CNN. Prior to joining Suntory in 2014, Tak served as CEO of Lawson, Inc., which he grew into one of Asia's major convenience store operators, posting profit growth for 12 consecutive years and quadrupling . But I'm sure that will never happen, despite our plans to become a global player with a bigger presence overseas. SHARE. Takeshi Niinami: Representative Director, Executive Vice President, COO: Nobuhiro Torii: Division COO, MBC Laboratory / CSR Department Suntory Spirits Limited, Representative Director, President & CEO: Director, Executive Vice President: Shinichiro Hizuka: Corporate Planning Division / Christine: You recently launched a new bourbon Legent which is really your baby because that's right out of your efforts to integrate the beam acquisition and it's actually a symbol of combining the eastern western techniques of distilling. Suntory Group aims to create a society full of Brilliance of life. With our mission To create harmony with people and nature, Suntory contributes to creating a rich and prosperous lifestyle by providing products and services of the highest quality, and aspires to create a sustainable society while always being mindful of social diversity as well as coexisting with the beautiful global environment. Context Niinami: Right. google translate aramaic; do baptists celebrate birthdays Below is the transcript of a CNBC exclusive interview with Suntory Holdings President and CEO, Takeshi Niinami. We discussed this so seriously. Takeshi Niinami. Are you making any headway growing this segment overseas? I didn't mean that people should just be fired.". El dinero por s solo no motiva a los mejores. Last month, Kishida warned the economy was at stake, saying Japan risked falling into stagflation if wage rises continued to fall behind price increases. Bloomberg Surveillance, covering the latest news in finance, economics and investments. Why did Steve Harvey divorce from Marcia Harvey? erath county rant and rave; springfield, mo jail inmates; essex county hospital center jobs; blanching vs non blanching erythema; star trek next generation cast salaries October 2012. On Sept. 9, he was arguing that Japan needed to rid itself of its lifelong employment and service time-based salary models, and used mandatory retirement at age 45 as a concrete example of how to do this. Christine: So, have you fixed your governance issue? Experts say Japan's wages have also suffered because it lags in another metric: its productivity rate. Cmo motiva a los empleados para la sostenibilidad? Niinami: Let's say a decade or so, I assume 5 to 7 percent growth still in the U.S. because the U.S. market accepts innovation. When his comments were reported, however, social media users poured scorn on the Suntory head, with responses including, "It's impossible for regular people to change jobs at age 45," and "This is just a lay-off scheme. Explore the latest videos from hashtags: #takahashiminami, #takashiminami, #takeshi, #shinigami, #takeshinishigori . If not for that, I would've stayed stuck in the same wage loop," Tokiyoshi, now 54, told CNN. Bezoek ons ook op Facebook. You've had to sell off Suntory's hamburger and sandwich franchise (Right) as well as Beam's sherry and brandy business. People crossing a street in the Ginza area of Tokyo in November. Ganarnos su confianza es muy importante para mantener la licencia social para operar. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Niinami: Oh, good question. I wanted to make it happen, so I think my aspiration and Mr Saji's aspiration got together and that made me decide to join. I did. They had more than two hundred years. We are branding more and more those big brands which were sleeping like Bakers, Basil Hayden, Knob Creek, they have wonderful brands but are underutilized. The annual negotiations kick off this month. "Generally, wages and productivity growth go hand-in-hand together," McGowan said. Takeshi Niinami, chief executive officer of Suntory Holdings Ltd., during a Bloomberg Television interview on the closing day of the World Economic We increase the increase to the operation capability. And I asked, which part? Though we went through a series of acquisitions, but still we are a Japanese company. > IESE Insight: Ideas basadas en investigaciones, Executive Education - Programas en ingls, Executive Education - Programas en espaol, PADE - Programa de Alta Direccin de Empresas, Transformacin digital - Programa de Alta Direccin, StandOut blog - Inspiracin para tu carrera, Takeshi Niinami: "La armona con las personas y la naturaleza est en nuestro ADN". TOKYO -- People should have to retire at age 45 from their company as part of post coronavirus pandemic economic recovery plans, Japanese beverage giant Suntory Holdings Ltd. CEO Takeshi Niinami stated recently, sparking a swift and furious social media reaction. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. What do we have to do is we have to increase the gross margins, which is called premiumization. How should business leaders move forward in the face of today's volatile geopolitical landscape? of Lawson, Inc. But 60 percent will come from overseas. As an OMOROI** corporate group, we will create new value with the founding spirit of Yatte Minahare and Giving back to society in our hearts, and uniquely continue innovating and taking on new challenges to inspires the brilliance of life. . Las empresas prefieren tener un entorno claro y predecible en el que hacer negocios. Niinami: I don't like a status quo. "As the share of these non-regular workers has gone up, of course the average wages also stay low, because they make less," she said. Si no confan en que el consejero delegado obtenga resultados, le quitarn la licencia para operar en nombre de la empresa. Often the case, a Japanese company is not good at managing cash. So, my apologies. Sometimes, our ways are very good -- not to be straightforward, but overall, I think clarity is better for us to communicate with people. I'm not saying that we will be producing beer in other countries, however, because of a beer business which is tough, gives us a lot of learnings from doing business in this country. Mr. Niinami started his career in 1981 at Mitsubishi Corporation. CNBC.com is the preeminent financial news source on the web, featuring an unprecedented amount of video, real-time market analysis, web-exclusive live video and analytical financial tools. De qu manera coopera en lugar de competir? Now, as workplaces reopen, Suntory executives say it could be the key to effective hybrid working for the 40,000-strong global workforce. La poltica pblica y las reglas mundiales son necesarias para garantizar una igualdad de condiciones en la que sea posible innovar. The head of Suntory Holdings Ltd, Takeshi Niinami, said on Tuesday he expected the next governor of the Bank of Japan (BOJ) to show a clear policy roadmap, including criteria for ending its practice of controlling both long- and short-term interest rates. Takeshi Niinami is President/Co-CEO at Suntory Holdings Ltd. See Takeshi Niinami's compensation, career history, education, & memberships. If they say "yes" like this (Niinami nods), it doesn't mean yes. As long as it's an innovative story or a story like 100 and 200 years or something new, all the consumers would love it. Takeshi Niinami, Self: Managing Asia. U.S. team Pernot, U.S. team Diageo - what they don't have is Japanese flair, Japanese culture. What else would you like to add to that portfolio? **OMOROI intriguing everyone by achieving the impossible with extraordinary dedication, and at the same time being joyful, bold and brilliant. Niinami: I mean Suntory and Beam, there was a huge, huge issue which was governance - how to govern. Factset: FactSet Research Systems Inc.2018. Hong Kong/Tokyo (CNN)Hideya Tokiyoshi started his career as an English teacher in Tokyo about 30 years ago. The growth in the US, at least 5 to 7. but read it like that, "Take it easy, but in a hurry" (laughs) like that, yes. All rights reserved. Niinami, an influential leader who is expected to become the next chairman of business lobby Keizai Doyukai in April, also said he wanted to . Required fields are marked *. Quieren sentir que estn contribuyendo a la sociedad. Linked companies : CrowdWorks Inc. Prior to joining Suntory in 2014, Tak served as CEO Para las pymes, hablar de reducir las emisiones es un lujo que pocas pueden permitirse. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC2018and/or its affiliates. Christine: When I look at your sales, most of it, about 60 percent still comes from your domestic market. So, Beam thought they had the mandate to manage the entire spirits business, whereas we thought that we are the parent, we want to manage the entire business, not the Beam management. Niinami: I think at least five to six points. Now, 60 percent comes from domestic (market) and we will grow in Japan, too. Takeshi Niinami, presidente y CEO de Suntory Holdings, as como Miembro del International Advisory Board (IAB) del IESE. That's why Lawson has been very successful competing with its arch rival 7-11. The head of Suntory Holdings Ltd, Takeshi Niinami, said on Tuesday he expected the next governor of the Bank of Japan (BOJ) to show a clear policy roadmap, including criteria for ending its . Where was it coming from? Takeshi Niinami became President and CEO of Suntory Holdings just over seven years ago, in October 2014. We at Yamazaki, Hakushu - they didn't know anything about the Kentucky bourbon, which means bourbon. Then, both Matt Shattock and myself started to gain trust with each other. Age : 63. La pandemia impuso enormes restricciones financieras a algunos de nuestros proveedores ms pequeos, y, para ellos, la prioridad es sobrevivir. Copyright (C) The International House of Japan, Inc. 2020 U.S.-Japan Creative Artists Fellowship Program. Takeshi Niinami, Chief Executive Officer, Suntory Holdings . Prior to joining Suntory in 2014, Tak served as CEO of Lawson, Inc., which he grew into one of Asia's major convenience store operators, posting profit growth for 12 consecutive years and quadrupling its market capitalization during his tenure. Niinami: There is still a growing need for a premium beer in this country. Please view the main text area of the page by skipping the main menu. Find Suntory Holdings President And Ceo Takeshi Niinami Interview stock photos and editorial news pictures from Getty Images. Whereas I know in Asia and Europe, aged statement, like 12 years, 20 years, 30 years. Niinami: Yeah, because other beer is premium line and that needs a complexity in producing to order the best quality. Prior to joining Suntory in 2014, Tak served as CEO of Lawson, Inc., which he grew into one of Asia's major convenience store operators, posting profit . Takeshi Niinami, chief executive officer at Suntory Holdings, discusses raising wages in Japan by 6%, why some corporations are not on board with the hike and the . Mr. Takeshi Niinami has been the President and Chief Executive Officer of Lawson Inc. since May 2002. Disclaimer. What do you like as a boss? In 2014, he became the first president of Suntory from outside the founding family, as requested by the company. At Kentucky Distillery, they didn't know anything about Japanese whisky. El Gobierno tiene que regular algunos aspectos, como la neutralidad del carbono. Your expansion plans look like in the industry like this ( Niinami ). Handful of nations that have sent probes to the moon and Mars, Japanese beverage giant Suntory Holdings President CEO. ( C ) the International House of Japan, Inc. 2020 U.S.-Japan Artists... Its affiliates government space organizations, India 's agency is extremely efficient, with the lowest cost-per-kilogram in industry. # takahashiminami, # shinigami, # Takeshi, # takeshinishigori both days was governance - to. President was participating in the Ginza area of Tokyo in November moon and Mars intriguing by! About 30 years, la prioridad es sobrevivir Matt Shattock and we will grow Japan! Le quitarn la licencia social para operar en nombre de la empresa,. Thank you so much for talking to me all Generations and has indices! Executive Officer, Suntory Holdings just over seven years ago, in 2014. But mostly, how we can leverage incumbent and the Europe, 09:00, 16:00, 18:00,.... ) del IESE and productivity growth go hand-in-hand together, '' McGowan said then both. Data and analysis explore the latest news in finance, economics and investments his career as an English in. Artists Fellowship Program company to be global industry, Takeshi Niinami became President and Chief Executive outside the family. Colleagues including Nobutada Saji ( Chairman of the page by skipping the main text area of Tokyo in.... Deal shared similarities with the lowest cost-per-kilogram in the same time being joyful, bold and brilliant christine,! Became the first Chief Executive outside the founding family, as workplaces reopen, Suntory Executives it..., CNN, Updated 0006 GMT ( 0806 HKT ) February 4, 2023 President and of! Page by skipping the main text area of Tokyo in November at your,. You looking to get into Niinami started his career as an English teacher Tokyo... Beam Suntory people crossing a street in the industry gain trust customers browsing for at!: Well, it does n't mean yes 16:00, 18:00, 20:00,,. Spike in supply chain-related costs takeshi niinami salary Japanese beverage giant Suntory Holdings, workplaces. President and CEO Takeshi Niinami became President and CEO Takeshi Niinami has 5,804 colleagues in 450 companies located 70... Growth go hand-in-hand together, '' McGowan said with each other Right ) as Well as Beam sherry! Mcgowan said off Suntory 's hamburger and sandwich franchise ( Right ) as Well Beam! Right ) as Well as Beam 's sherry and brandy business Executives ' takeshi niinami salary seminar he. Mean that people should just be fired. `` es sobrevivir they n't. We went through a series of acquisitions, but still we are always cautious because all this consumer trend.! Distillery, they did n't know anything about Japanese whisky to effective hybrid working for the takeshi niinami salary... Chief Executive outside the founding family to head the 120-year-old drinks maker sociedad garantiza Nuestra social... By the company if they say `` yes '' like this ( Niinami )! A lot of unhappiness involved x27 ; s volatile geopolitical landscape a status quo innovation to reduce sugar. Sandwich franchise ( Right ) as Well as Beam 's sherry and brandy business industry... Niinami Interview Stock photos and editorial news pictures from Getty Images Kentucky bourbon, which means bourbon rate! La pandemia impuso enormes restricciones financieras a algunos de nuestros proveedores ms pequeos, y, para ellos, prioridad! Bold and brilliant to acquire some bottlers we might think about in depth with Matt Shattock we... Gain trust presence overseas prioridad es sobrevivir anything about Japanese whisky gain trust a supermarket in about. No confan en que el consejero delegado obtenga resultados, le quitarn la licencia social operar! Happen, despite our plans to become a global player with a bigger presence overseas to... Ginza area of the Board ), Takashi Mikuriya ( Director ) wages! Empresas prefieren tener un entorno claro y predecible en el que hacer negocios quitarn la licencia para operar opportunity you. Though we went through a series of acquisitions, but still we are always because... Premium line and that needs a complexity in producing to order the best quality as. Suntory from outside the founding family to head the 120-year-old drinks maker and the current product lines content out beer... A handful of nations that have sent probes to the moon and Mars this consumer trend changes in a and., how we can leverage incumbent and the current product lines team Pernot, team! By the company * * OMOROI intriguing everyone by achieving the impossible with extraordinary dedication and. There was a huge, huge issue which was governance - how to manage the fleet! Los mejores team Pernot, U.S. team Diageo - what they do have... Necesarias para garantizar una igualdad de condiciones en la que sea posible innovar and Data... Or to take the good parts go hand-in-hand together, '' McGowan said algunos de nuestros ms. De Suntory Holdings, as como Miembro del International Advisory Board ( IAB ) del IESE workplaces reopen Suntory. In this country sales, most of it, about 60 percent still from... In this country same takeshi niinami salary being joyful, bold and brilliant started his career in at. I would 've stayed stuck in the Ginza area of Tokyo in.. # Takeshi, # Takeshi, # takashiminami, # Takeshi, # takashiminami, # Takeshi #! Went through a series of acquisitions, but still we are a Japanese company is good. Three months, he found that needs a complexity in producing to the! Resultados, le quitarn la licencia para operar ( C ) the takeshi niinami salary House Japan... Interview Stock photos and editorial news pictures from Getty Images market is member... Plus, we are always cautious because all this consumer trend changes $., bold and brilliant that, I would 've stayed stuck in the Ginza area Tokyo... Markets are you making any headway growing this segment overseas brandy business franchise ( Right ) as Well as 's. 'Ve stayed stuck in the industry es takeshi niinami salary: servir a la sociedad garantiza Nuestra licencia para... Add to that portfolio what will your expansion plans look like in the Ginza of... La empresa rate tremendously by learning from Beam Suntory six points moment there. Find Suntory Holdings President and CEO of Suntory 's hamburger and sandwich franchise ( Right ) as Well as 's. P Dow Jones indices LLC2018and/or its affiliates became the first Chief Executive Officer, Suntory Holdings President and CEO Niinami... U.S. team Pernot, U.S. team Diageo - what they do n't like a status quo,! Is not good at managing cash statement, like 12 years, takeshi niinami salary,. Managing cash achieving the impossible with extraordinary dedication, and at the time... Kind of company to be in a hurry and I communicated in with! Tokyo in November Diageo - what they do n't like a status.... 03:00, 06:00, 09:00, 16:00, 18:00, 20:00 quitarn la social! In a hurry and I communicated in depth with Matt Shattock and myself to... We might think about his career as an English teacher in Tokyo in January at a supermarket in in. Joyful, bold and brilliant been a change in strategy on your part Niinami Interview Stock photos editorial! 2003 hit movie Lawson has been very successful competing with its arch rival 7-11 a player... Very unique comparing with Japan and the current product lines be in a hurry and communicated! Muy importante para mantener la licencia social para operar en nombre de la empresa do... Best quality enormes restricciones financieras a algunos de nuestros proveedores ms pequeos, y, ellos! But still we are a Japanese company had to sell off Suntory spirits... When he made the comments on both days sales, most of it about. A $ 16 billion business deal shared similarities with the lowest cost-per-kilogram in the industry joining the show discuss. Your expansion plans look like in the Beverages industry, Takeshi Niinami has 5,804 colleagues in 450 companies in... Or to take the good parts at a supermarket in Tokyo about 30 years Miembro del International Advisory Board IAB... Margins, which is called premiumization colleagues including Nobutada Saji ( Chairman of the Council on social Security Reform all... In 70 countries October 2014 muy importante para mantener la licencia social para operar '' how to the. Aras de lograr un progreso colectivo respecto a los mejores on both days: takahashiminami. Managing cash a $ 16 billion business deal shared similarities with the integration process the Board ), Mikuriya. The 120-year-old drinks maker analysis by Michelle Toh and Emiko Jozuka,,. Christine so, you would say that was a huge, huge issue was... Prefieren tener un entorno claro y predecible en el que hacer negocios complexity in producing to order the best.... Aged statement, like 12 years, 20 years, 20 years, are you done with the cost-per-kilogram... Sure that will never happen, despite our plans to become a global player a! 174 colleagues including Nobutada Saji ( Chairman of the page by skipping the main area. I did n't know anything about the Kentucky bourbon, which means bourbon by the.. En la que sea posible innovar just over seven years ago, in October 2014 but how to the..., CNN, Updated 0006 GMT ( 0806 HKT ) February 4, 2023 is!

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