'More info to be sought from Chinese firms'

The chair of the US Securities and Exchange Commission said on Friday that he had asked staff to mandate certain disclosures from offshore issuers associated with China-based operating companies before registration statements can be declared effective. Gary Gensler also said in a statement that the new disclosures will require Chinese companies to tell the regulator and investors whether certain actions could affect the firm's "financial performance and the enforceability of the contractual arrangements." Reuters earlier on Friday exclusively reported that the agency has stopped processing registrations of US initial public offerings and other sales of securities by Chinese companies while it crafts new guidance for disclosing to investors the risk of a new regulatory crackdown by Beijing. (Reuters)

2021-07-30 21:59:11

Damaged Guangdong nuclear reactor shut down: operator

A reactor at a Guangdong nuclear plant has been shut down because it is damaged, the operator said Friday, but it insisted there were no major safety issues.Mainland authorities last month blamed minor fuel rod damage for a build-up of radioactive gases at the Taishan plant, about 140 kilometres from Hong Kong, describing it as a "common phenomenon" with no need for concern.French nuclear firm Framatome, which helps operate the plant, last month reported a "performance issue" which caused the US government to look into the possibility of a leak."After lengthy conversations between French and Chinese technical personnel, Taishan Nuclear Power Plant... decided to shut down Unit 1 for maintenance," China General Nuclear Power Group (CGN) said on Friday in an online statement.The company added that "a small amount of fuel damage" had occurred.CGN said both reactors at the plant have "maintained safe and stable operations throughout" and that the faulty unit is "completely under control". Engineers will now "find the cause of fuel damage and replace the damaged fuel", the statement added.There are more than 60,000 fuel rods in the reactor and the proportion of damaged rods is "less than 0.01 percent", the environment ministry and nuclear regulator previously said.They called the damage "inevitable" due to factors including fuel manufacturing and transportation.French energy giant EDF – the majority owner of Framatome – also previously blamed the build-up of radioactive gases on deteriorating coating on some uranium fuel rods.EDF said it was first informed about the fuel rod problem in October, but only learned about the gas build-up in mid-June.Official environmental monitoring data shows a slight increase in radiation near Taishan compared with other nuclear plants in China, but experts say this remains within the normal range of environmental radiation levels in Guangdong.The shutdown follows the French firm stating last week that it would have shut down a nuclear reactor in France if it suffered problems similar to those reported at the Taishan plant. (AFP)

2021-07-30 22:07:48

A man in China’s Zhengzhou city was brutally attacked by what appear to be plainclothes police officers as the man captures a video of #Mourners gathering to pay respects after the city’s subway #FloodDisaster.

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Thousands of people are still trapped in central China as #floods continue to batter the region. Residents in the worst-hit city are not seeing any official rescue efforts. They have to count on either private sector #volunteers—or themselves.

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‘Disgraceful’: Lawmakers Blast Big Companies for Supporting China's ‘Genocide Olympics’ | NTD News
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China Ambushes Top American Diplomat

By: Gordon G. Chang

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In the aftermath of the Zhengzhou #SubwayFlood, a young college student is crying out for help while being violently beaten up. He was reportedly using a drone to film local residents #mourning the subway flood victims.

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One #tunnel in Zhengzhou was flooded on July 20. Hundreds of cars were soaked, and the real death toll is still unknown.

Scientists said the stormwater #PumpingStation didn't work on that day, and this worsened the problem.

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I think the US needs to get rid of its Secretary of State.

A delegation of the #Taliban is visiting #China. They are meeting with senior Chinese officials, including China's foreign minister.

This comes as the group has seized several districts across Afghanistan, with reports of escalating attacks on civilians.

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The #USHouse passed a motion on Wednesday that is part of a spending bill for the State Department. The motion prohibits the department from spending “funds to create, procure or display any map that depicts Taiwan as part of the People's Republic of China."

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#Taliban leaders meet with Chinese minister #WangYi, just two days after he met with Deputy Secretary Wendy Sherman from the U.S. delegation.

Meanwhile, plainclothes police officers were seen beating up a reporter who was taking videos of the subway tragedy.

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Fauci has testified that his organization NIAID had never funded #GainOfFunction experiments at the #WuhanLab. But we now know NIAID has provided funding to the Wuhan labs since at least 2013.

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NBA Players Benefit From Chinese Firms Complicit in ‘Slave Labor’: US Lawmakers

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Democratic and Republican congressmen on July 28 introduced a bill that aims to revive an arm of the old U.S. #ColdWar arsenal to improve understanding of #China and potentially other strategic rivals of the #UnitedStates.

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China Chasing Dissidents Among US Allies

By: Peter Dahlin

READ: https://www.theepochtimes.com/china-chasing-dissidents-among-us-allies_3926051.html?utm_medium=epochtimes&utm_source=telegram

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