Forwarded from RTHK Latest News
Shanghai braces for approaching typhoon
Authorities in Shanghai and neighbouring coastal regions cancelled flights, and suspended schools, subways and trains as Typhoon Chanthu approached the mainland.The storm, with winds of more than 170 kilometres per hour near its eye, had been downgraded from a super typhoon to a strong typhoon on Sunday evening and was expected to gradually weaken, Shanghai city authorities said in a post on their official WeChat account.But it was still expected to bring strong winds and heavy rain to coastal regions.The province of Zhejiang near Shanghai raised its emergency response to the highest level on Sunday, closing schools and suspending flights and rail services in some cities, the official Xinhua news service reported.Zhejiang also issued red alerts for flash floods in nine districts.In Shanghai, home to about 26 million people, all flights at the city's larger Pudong International Airport were to be cancelled from 11am, while flights from the smaller Hongqiao airport in the west of the city were to be cancelled from 3pm, the Shanghai government announced on WeChat.The city also suspended metro services on some lines serving the city's southern districts, and said parks, outdoor tourist attractions and playgrounds would be closed on Monday and Tuesday. Classes were also due to be suspended on Monday afternoon and Tuesday.Official forecasts called for rainfall of 250-280 millimetres in some areas of southeastern Jiangsu province, Shanghai and northeastern Zhejiang. (Reuters)
2021-09-13 09:24:46
Authorities in Shanghai and neighbouring coastal regions cancelled flights, and suspended schools, subways and trains as Typhoon Chanthu approached the mainland.The storm, with winds of more than 170 kilometres per hour near its eye, had been downgraded from a super typhoon to a strong typhoon on Sunday evening and was expected to gradually weaken, Shanghai city authorities said in a post on their official WeChat account.But it was still expected to bring strong winds and heavy rain to coastal regions.The province of Zhejiang near Shanghai raised its emergency response to the highest level on Sunday, closing schools and suspending flights and rail services in some cities, the official Xinhua news service reported.Zhejiang also issued red alerts for flash floods in nine districts.In Shanghai, home to about 26 million people, all flights at the city's larger Pudong International Airport were to be cancelled from 11am, while flights from the smaller Hongqiao airport in the west of the city were to be cancelled from 3pm, the Shanghai government announced on WeChat.The city also suspended metro services on some lines serving the city's southern districts, and said parks, outdoor tourist attractions and playgrounds would be closed on Monday and Tuesday. Classes were also due to be suspended on Monday afternoon and Tuesday.Official forecasts called for rainfall of 250-280 millimetres in some areas of southeastern Jiangsu province, Shanghai and northeastern Zhejiang. (Reuters)
2021-09-13 09:24:46
Forwarded from 📡Guardians of Hong Kong
#Economy #CCP
#GeorgeSoros: Xi’s crackdown on private enterprise shows he does not understand the market economy
The following is an article written by George Soros, the chair and founder of #SorosFundManagement and the #OpenSocietyFoundations and was published in Financial Times.
//Xi Jinping, China’s leader, has collided with economic reality. His crackdown on private enterprise has been a significant drag on the economy.
The most vulnerable sector is real estate, particularly housing. China has enjoyed an extended property boom over the past two decades, but that is now coming to an end.
Evergrande, the largest real estate company, is over-indebted and in danger of default. This could cause a crash.
The crackdown by the Chinese government is real. Unnoticed by the financial markets, the Chinese government quietly took a stake and a board seat in TikTok owner ByteDance in April. The move gives Beijing one seat on a three-person board of directors and first-hand access to the inner workings of a company that has one of the world’s largest troves of personal data. The market is more aware that the Chinese government is taking influential stakes in Alibaba and its subsidiaries.
Xi does not understand how markets operate. As a consequence, the sell-off was allowed to go too far. It began to hurt China’s objectives in the world. Recognising this, Chinese financial authorities have gone out of their way to reassure foreign investors and markets have responded with a powerful rally. But that is a deception.
Xi regards all Chinese companies as instruments of a one-party state. Investors buying into the rally are facing a rude awakening. That includes not only those investors who are conscious of what they are doing, but also a much larger number of people who have exposure via pension funds and other retirement savings...//
Read the full article:
https://www.ft.com/content/ecf7de34-e595-4814-9cbd-4a5119187330
Source: Financial Times #Aug30
#Crackdown #PropertyMarket #CommunistChina #Birthrate #Tiktok #Alibaba #Evergrande
#GeorgeSoros: Xi’s crackdown on private enterprise shows he does not understand the market economy
The following is an article written by George Soros, the chair and founder of #SorosFundManagement and the #OpenSocietyFoundations and was published in Financial Times.
//Xi Jinping, China’s leader, has collided with economic reality. His crackdown on private enterprise has been a significant drag on the economy.
The most vulnerable sector is real estate, particularly housing. China has enjoyed an extended property boom over the past two decades, but that is now coming to an end.
Evergrande, the largest real estate company, is over-indebted and in danger of default. This could cause a crash.
The crackdown by the Chinese government is real. Unnoticed by the financial markets, the Chinese government quietly took a stake and a board seat in TikTok owner ByteDance in April. The move gives Beijing one seat on a three-person board of directors and first-hand access to the inner workings of a company that has one of the world’s largest troves of personal data. The market is more aware that the Chinese government is taking influential stakes in Alibaba and its subsidiaries.
Xi does not understand how markets operate. As a consequence, the sell-off was allowed to go too far. It began to hurt China’s objectives in the world. Recognising this, Chinese financial authorities have gone out of their way to reassure foreign investors and markets have responded with a powerful rally. But that is a deception.
Xi regards all Chinese companies as instruments of a one-party state. Investors buying into the rally are facing a rude awakening. That includes not only those investors who are conscious of what they are doing, but also a much larger number of people who have exposure via pension funds and other retirement savings...//
Read the full article:
https://www.ft.com/content/ecf7de34-e595-4814-9cbd-4a5119187330
Source: Financial Times #Aug30
#Crackdown #PropertyMarket #CommunistChina #Birthrate #Tiktok #Alibaba #Evergrande
Ft
George Soros: Investors in Xi’s China face a rude awakening
The leader’s crackdown on private enterprise shows he does not understand the market economy
Forwarded from 777文宣傳播稿件大合集
【一國只許一神】
【One Nation Under One Godhead】
湖北正在拆除並搬遷位於荊州全世界最大的關公雕像，中國共產黨稱這座造價1.7億元人民的關公的雕塑浪費。在正值對信仰和意識形態控制收緊之際，這個打擊浪費納稅人資金的最新舉動，早前已有一眾的大佛和其他偶像被推倒。專家稱，信仰削弱與挑戰了中共對意識形態的壟斷。
Authorities in China’s Hubei province are dismantling a massive statue of the military deity Guan Yu, a general of the Three Kingdoms, after the Chinese Communist Party called it a wasteful eyesore. The crackdown on the waste of taxpayer funds, which has toppled big Buddhas and other icons, comes amid a tightening of controls over faith and ideology that experts say is aimed at weakening beliefs that challenge the CCP’s monopoly on ideology.
Post by #自由亞洲粵語 @rfacantonese
#中共 #習近平 #新時代中國特色社會主義 #意識形態 #宗教自由 #支共暴政 #共匪 #中共極權 #CCPvirus #evilCCP #fxxkCCP #NeverTrustCCP
【One Nation Under One Godhead】
湖北正在拆除並搬遷位於荊州全世界最大的關公雕像，中國共產黨稱這座造價1.7億元人民的關公的雕塑浪費。在正值對信仰和意識形態控制收緊之際，這個打擊浪費納稅人資金的最新舉動，早前已有一眾的大佛和其他偶像被推倒。專家稱，信仰削弱與挑戰了中共對意識形態的壟斷。
Authorities in China’s Hubei province are dismantling a massive statue of the military deity Guan Yu, a general of the Three Kingdoms, after the Chinese Communist Party called it a wasteful eyesore. The crackdown on the waste of taxpayer funds, which has toppled big Buddhas and other icons, comes amid a tightening of controls over faith and ideology that experts say is aimed at weakening beliefs that challenge the CCP’s monopoly on ideology.
Post by #自由亞洲粵語 @rfacantonese
#中共 #習近平 #新時代中國特色社會主義 #意識形態 #宗教自由 #支共暴政 #共匪 #中共極權 #CCPvirus #evilCCP #fxxkCCP #NeverTrustCCP
Forwarded from 📡Guardians of Hong Kong
There are no unanimous conclusions for US Epidemic Traceability Report, reprimand China for refusal to share information and block investigation
The Director of National Intelligence of the United States issued a report on the traceability of the Wuhan virus, showing that the intelligence agencies failed to reach a consensus on the source of virus. The report also stated, China interrupted the investigation and rejected to share information, which made the report could not be concluded. The Chinese Embassy in US responded that the report is unscientific, and US is trying to shirk its responsibility for fighting the epidemic by relying on report.
The report was published on 27August (Friday) and written by 18 intelligence organisations. Four of those organisations believed the virus is from the natural contact between human and infected animals, however this conclusion was only in “low credibility”. There is another intelligence organisation which has a “medium confidence” believed the virus is relevant to the laboratory. That is, concluding the virus “could be” the infected animals naturally infect the human beings and relevant to the laboratory. The report has also analysed the virus is not from biochemical weapon; Chinese officials are lack of foresight about virus will cause a “global pandemic”.
The report stated, the department cannot get the conclusion, or the conclusions only have low to medium confidence, which is because of the rejection of sharing important information from China has interrupted the investigation. In which, it cannot get the conclusion unless there are more new information. US President Biden emphasized, US will continue the suppression to China before they get the answer. He also indicated that the significant information is showing the start of pandemic is from China, “But from the beginning, the Chinese officials have already interrupted the international investigation and global public health organisation to gain the information”.
Source: Stand News #Aug28
https://bit.ly/3tvOLD1
#UnitedStates #WuhanVirus #COVID19 #China #Biden #Infection #GloablPandemic
The Director of National Intelligence of the United States issued a report on the traceability of the Wuhan virus, showing that the intelligence agencies failed to reach a consensus on the source of virus. The report also stated, China interrupted the investigation and rejected to share information, which made the report could not be concluded. The Chinese Embassy in US responded that the report is unscientific, and US is trying to shirk its responsibility for fighting the epidemic by relying on report.
The report was published on 27August (Friday) and written by 18 intelligence organisations. Four of those organisations believed the virus is from the natural contact between human and infected animals, however this conclusion was only in “low credibility”. There is another intelligence organisation which has a “medium confidence” believed the virus is relevant to the laboratory. That is, concluding the virus “could be” the infected animals naturally infect the human beings and relevant to the laboratory. The report has also analysed the virus is not from biochemical weapon; Chinese officials are lack of foresight about virus will cause a “global pandemic”.
The report stated, the department cannot get the conclusion, or the conclusions only have low to medium confidence, which is because of the rejection of sharing important information from China has interrupted the investigation. In which, it cannot get the conclusion unless there are more new information. US President Biden emphasized, US will continue the suppression to China before they get the answer. He also indicated that the significant information is showing the start of pandemic is from China, “But from the beginning, the Chinese officials have already interrupted the international investigation and global public health organisation to gain the information”.
Source: Stand News #Aug28
https://bit.ly/3tvOLD1
#UnitedStates #WuhanVirus #COVID19 #China #Biden #Infection #GloablPandemic
The weather and CCP Virus? Come off it. They know very well why voters didn’t turn out. And it wasn’t for the reasons stated. For HK, I’d advise turning out and voting for pro-democracy candidates. If there are none on the ballot, write in one of the 47 or a leader of theHK Alliance
Forwarded from Hong Kong Free Press HKFP
Macau: Legislative election turnout at historic low after opposition barred from running, gov’t blames weather and Covid
https://hongkongfp.com/2021/09/13/macau-legislative-election-turnout-at-historic-low-after-opposition-barred-from-running-govt-blames-weather-and-covid/
https://hongkongfp.com/2021/09/13/macau-legislative-election-turnout-at-historic-low-after-opposition-barred-from-running-govt-blames-weather-and-covid/
Hong Kong Free Press HKFP
Macau: Legislative election turnout at historic low after opposition barred from running, gov’t blames weather and Covid
Macau has seen the number of blank and invalid votes shoot up amid a record-low voter turnout during its seventh legislative election, after 21 liberal and pro-democracy candidates were disqualifie…
Forwarded from Hong Kong protest news, by the /r/HongKong reddit live team
(International reactions: Taiwan | Emigration)
https://twitter.com/shu_wang_gong/status/1437283260732612619?s=20
...
https://twitter.com/shu_wang_gong/status/1437283260732612619?s=20
...
Twitter
Michael Fahey
The Mainland Affairs Council has asked that the NT$1 billion (US$36 million) New Immigrant Fund expand coverage to immigrants from Hong Kong. Currently, this government fund exclusively subsidizes services and programs for marriage migrants. news.ltn.com…
Forwarded from RTHK Latest News
Regulators target Alipay in tech overhaul: report
Chinese regulators have ordered sweeping changes to the country's biggest payment app Alipay, as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants.Alipay – with more than one billion users in China and other Asian nations including India – was told to spin off its profitable micro loan business, the Financial Times reported on Monday, citing a person with knowledge of the matter.Currently the app allows users to pay with a traditional credit card linked to their bank or offers small unsecured loans to buy anything from toilet paper to laptops."The government believes big tech's monopoly power comes from their control of data," the source close to financial regulators told the newspaper. "It wants to end that."Alipay's parent company Ant Group is China's biggest payments services provider.Regulators pulled the plug on the fintech conglomerate's record US$37 billion stock market launch in November, after founder Jack Ma criticised officials for stifling innovation. (AFP)
2021-09-13 15:31:38
Chinese regulators have ordered sweeping changes to the country's biggest payment app Alipay, as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants.Alipay – with more than one billion users in China and other Asian nations including India – was told to spin off its profitable micro loan business, the Financial Times reported on Monday, citing a person with knowledge of the matter.Currently the app allows users to pay with a traditional credit card linked to their bank or offers small unsecured loans to buy anything from toilet paper to laptops."The government believes big tech's monopoly power comes from their control of data," the source close to financial regulators told the newspaper. "It wants to end that."Alipay's parent company Ant Group is China's biggest payments services provider.Regulators pulled the plug on the fintech conglomerate's record US$37 billion stock market launch in November, after founder Jack Ma criticised officials for stifling innovation. (AFP)
2021-09-13 15:31:38
Forwarded from The Online Citizen
China to target biggest payment app Alipay in tech crackdown: FT
Chinese regulators have ordered sweeping changes to the country’s biggest payment app Alipay, as the ruling Communist Party attempts to rein in “the unruly growth” of the tech giants.
Alipay — with more than one billion users in China and other Asian nations including India — was told to spinoff its profitable micro loan business,…
https://www.theonlinecitizen.com/2021/09/13/china-to-target-biggest-payment-app-alipay-in-tech-crackdown-ft/
Chinese regulators have ordered sweeping changes to the country’s biggest payment app Alipay, as the ruling Communist Party attempts to rein in “the unruly growth” of the tech giants.
Alipay — with more than one billion users in China and other Asian nations including India — was told to spinoff its profitable micro loan business,…
https://www.theonlinecitizen.com/2021/09/13/china-to-target-biggest-payment-app-alipay-in-tech-crackdown-ft/
Forwarded from Hearts of Oak
Media is too big
VIEW IN TELEGRAM
--Hearts of Oak Podcast--
Gerard Batten was with us on our weekly news review, stories included The EU blasts the Taliban, COVID Fauci & the Wuhan labs, Teen boys more at risk of vax than virus?, Whitty suggests jabbing kids for their mental health & more
https://heartsofoak.podbean.com/ or wherever you get your podcasts!
Gerard Batten was with us on our weekly news review, stories included The EU blasts the Taliban, COVID Fauci & the Wuhan labs, Teen boys more at risk of vax than virus?, Whitty suggests jabbing kids for their mental health & more
https://heartsofoak.podbean.com/ or wherever you get your podcasts!
Forwarded from 📡Guardians of Hong Kong
Congo reviewing $6 billion mining deal with Chinese investors -Finance Minister
Democratic Republic of Congo’s government is reviewing its $6 billion “infrastructure-for-minerals” deal with Chinese investors as part of a broader examination of mining contracts, Finance Minister Nicolas Kazadi told Reuters.
President Felix Tshisekedi said in May that some mining contracts could be reviewed because of concerns they are not sufficiently benefiting Congo, which is the world’s largest producer of cobalt and Africa’s leading miner of copper.
His government announced this month it had formed a commission to reassess the reserves and resources at China Molybdenum’s massive Tenke Fungurume copper and cobalt mine in order to “fairly lay claim to (its) rights”.
Source: Reuters #Aug27
https://reut.rs/3yr6vQC
#Congo #China #Copper
Democratic Republic of Congo’s government is reviewing its $6 billion “infrastructure-for-minerals” deal with Chinese investors as part of a broader examination of mining contracts, Finance Minister Nicolas Kazadi told Reuters.
President Felix Tshisekedi said in May that some mining contracts could be reviewed because of concerns they are not sufficiently benefiting Congo, which is the world’s largest producer of cobalt and Africa’s leading miner of copper.
His government announced this month it had formed a commission to reassess the reserves and resources at China Molybdenum’s massive Tenke Fungurume copper and cobalt mine in order to “fairly lay claim to (its) rights”.
Source: Reuters #Aug27
https://reut.rs/3yr6vQC
#Congo #China #Copper
Forwarded from Hong Kong Democracy Movement (NK Democracy 🍎)
Chinese tech giant Huawei has been accused of “infiltrating” a Cambridge University research centre after most of its academics were found to have ties with the Chinese company.
https://www.thetimes.co.uk/article/huawei-infiltrates-cambridge-university-research-centre-kn6m5lnhc
https://www.thetimes.co.uk/article/huawei-infiltrates-cambridge-university-research-centre-kn6m5lnhc
www.thetimes.co.uk
Huawei ‘infiltrates’ Cambridge University research centre
Huawei has been accused of “infiltrating” a Cambridge University research centre after most of its academics were found to have ties with the Chinese company.
Forwarded from 國際文宣組 IFC
Forwarded from RT News
“Evergrande circling the plughole” - Chinese property titans set to DEAFULT!
Chinese property empire Evergrande looks set to default, with a restrustuce predicted that would see the majority of its $300bn debt soaked up by investors who will get 25% back.
“Evergrande is deemed as a systematic risk to the Chinese financial system: the authorities cannot afford to let it fail abruptly. We believe Evergrande is likely to collapse in a controlled manner,” said Ben Wang, of Jamieson Coote Bonds.
Estimates claim that some 1.4mn properties the company has committed to building are in danger, as shares dropped 6% on Monday alone to below the initial float price.
Subscribe to RT t.me/rtintl
Chinese property empire Evergrande looks set to default, with a restrustuce predicted that would see the majority of its $300bn debt soaked up by investors who will get 25% back.
“Evergrande is deemed as a systematic risk to the Chinese financial system: the authorities cannot afford to let it fail abruptly. We believe Evergrande is likely to collapse in a controlled manner,” said Ben Wang, of Jamieson Coote Bonds.
Estimates claim that some 1.4mn properties the company has committed to building are in danger, as shares dropped 6% on Monday alone to below the initial float price.
Subscribe to RT t.me/rtintl
Forwarded from The Epoch Times
Rating Canadian Party Leaders on Their Plan to Deal With Communist China
By: Shane Miller
READ: https://www.theepochtimes.com/rating-canadian-party-leaders-on-their-plan-to-deal-with-communist-china_3993561.html?utm_medium=epochtimes&utm_source=telegram
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By: Shane Miller
READ: https://www.theepochtimes.com/rating-canadian-party-leaders-on-their-plan-to-deal-with-communist-china_3993561.html?utm_medium=epochtimes&utm_source=telegram
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Forwarded from The Epoch Times
Hold China Responsible for North Korea’s Nuclear Weapons
By: Anders Corr
READ: https://www.theepochtimes.com/hold-china-responsible-for-north-koreas-nuclear-weapons_3994650.html?utm_medium=epochtimes&utm_source=telegram
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By: Anders Corr
READ: https://www.theepochtimes.com/hold-china-responsible-for-north-koreas-nuclear-weapons_3994650.html?utm_medium=epochtimes&utm_source=telegram
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