China and Taiwan News 中国和台湾新闻
76 subscribers
7.68K photos
7.86K videos
35 files
42.4K links
News from non-state media sources about China and Taiwan. 来自非国营来源关于中国和台湾的新闻。中英双语 Bilingual English and Chinese
Download Telegram
#HSBC #Huawei

Chinese State Media Outlet Accuses HSBC for Framing Huawei.  HSBC Denies the Accusation: We Bear No Malice towards Huawei
 
People’s Daily Online, an official media outlet of the CCP, had accused HSBC of framing Huawei’s deputy chairwoman Meng Wanzhou.  In an article published on July 24th, the state media outlet claimed that the bank took part in entrapping Meng in order to evade US charges of money laundering.
 
HSBC issued a statement on Weibo on July 25th, saying that it bears no malice towards Huawei and had not framed the company.  The material disclosed to the US Department of Justice, the statement said, was provided upon formal requests.  It added that all HSBC had provided was factual information and that it had never entrapped Huawei.
 
The People’s Daily Online article accused HSBC of taking part in a plot against Huawei and having played a shameful role in setting traps, weaving tales and fabricating evidence.  It further claimed that the bank worked with the US in framing the tech giant and testifying as a victim against Meng in exchange for a pardon for the bank’s money laundering crimes.
 
The article described the Meng affair as reflective of the way US and Canada were colluding in the interest of American hegemony.  Under the pretence of justice, it wrote, the two North American countries were carrying out “political assassinations” of Chinese tech firms using state apparatuses.

Source:  Stand News  #Jul25
 
https://bit.ly/2WWi2aP
CCP Has Infiltrated All Walks of Life in UK, with HSBC and Standard Chartered Employing Over 600 Party Members

British media raises concerns about the China Communist Party (CCP) placing their members in foreign countries. Following the concern of the US intelligence on infiltration to US Democratic Party members by a Chinese spy, the British's Mail on Sunday claimed to have obtained nearly 2 million CCP members’ details, revealing that many of them are working in British academia and also in wide variation of industries, involving 79 thousand companies and their branches, such as HSBC, vaccine manufacturer Pfizer and AstraZeneca. Some of them even work in the British consulates, raising suspicions of espionage. The Inter-Parliamentary Alliance on China (IPAC) issued a short statement, describe the findings as disturbing. Some Australian parliament members have called on the government to find out whether CCP spies are infiltrating the Australian system.

A large amount of CCP member in HSBC, Standard Chartered, Pfizer and AstraZeneca

The Mail on Sunday reported that information on 1.95 million suspected CCP members, including their names, date of births, addresses and phone numbers, was circulated on Telegram. In September, a Chinese dissident forwarded this information to IPAC, which composed of cross-parties European and American parliamentarians. The Mail on Sunday recently analysed the data, finding that HSBC and Standard Chartered together employed more than 600 CCP members in the UK in 2016. It also reported that these two banks have long been criticised for their stance on dissidents issues in Hong Kong. Moreover, CCP members are also found to be employed in the defence industry including Boeing, Airbus, and Rolls-Royce. As for the pharmaceutical industry, Pfizer and AstraZeneca alone have already employed 123 CCP members.

The Mail on Sunday also discovered that many CCP members are working in foreign diplomatic organisations in China via a company called "The Shanghai Foreign Agency Service Corporation", which has a Chinese official background, and at least 249 CCP members were registered with the agency in 2016. The CCP also infiltrated into academics, that according to the British policy, overseas students not from the EU or the Five Eyes network are required to have an Academic Technology Approval Scheme (ATAS) certificate to enter. But it was found that some of the CCP members have been senior researchers in the UK top universities, participating in sensitive subject such as aerospace engineering.

#China #CCP #Infiltration #IPAC #MailOnSunday #Telegram #CCPmember #HSBC #StandardChartered #Pfizer #AstraZeneca #UK #Britain #ShanghaiForeignAgencyServiceCorporation #Spies

Source: Apple Daily #Dec13

https://hk.appledaily.com/international/20201213/TZECVNNCEVCIHGYN7RCR5V5CRY/
Forwarded from 國際文宣組 IFC
Oops. The days of sucking up to both #China and the #US is over. Companies in #HongKong can no longer be #CCP’s white gloves. Time to pick a side. Picking the wrong one will bring serious consequences.
-
#antiforeignsanctions #sanctions #law #hsbc #banks #english #diyms #meme
B.C. judge takes aim at heart of case against Meng Wanzhou

A B.C. judge raised questions on Thursday about the allegation at the heart of the U.S. case against a Chinese business executive facing extradition from Canada.

The United States alleges Meng Wanzhou, chief financial officer of Huawei Technologies Co. Ltd., committed fraud by lying in a PowerPoint presentation in 2013 to her Hong Kong bankers about the company’s relationship with Skycom Tech Co. Ltd. The purpose, the U.S. says, was to evade its sanctions against Iran.

But Ms. Meng’s legal team says the U.S. Justice Department is attempting to mislead Canada. It obtained evidence that Ms. Meng told HSBC during the PowerPoint presentation that Skycom was “controllable,” and that Huawei could therefore ensure it would comply with U.S. sanctions.

Source: The Globe and Mail #Aug06

https://tgam.ca/3fJp1gv

#Canada #HSBC #Meng #US
Forwarded from Hong Kong Democracy Movement (HKDMovement)
#HSBC installed #CCP member is an example of how CCP infiltrate in to foreign corporations. It was done in several listed developers in #HK. #HSBC, which its headquarters based in #UK, is the 1st foreign financial group to do so. If nothing is done, more companies interested in the Chinese market will be forced to install CCP member as well.

How does that affect the local people? Soon, we will realize that HSBC best interest is to benefit CCP rather than it's stakeholders. They will make investment in China which will surely not make any profit, for ex: the #BeltandRoadInitiative.

#CCPInfiltration
#CCPLiedPeopleDie
Forwarded from 國際文宣組 IFC
#CCP knows where everyone’s money is, and how much everyone has in the bank? Oh dear… good one, #HSBC.
-
#China #bank #infiltration #asset
HSBC Senior Executive calls UK's Huawei Ban "Feeble" in Closed-Door Meeting

On August 7, a Bloomberg report revealed that a senior Public Affairs executive at HSBC Holding plc had criticized the British government for yielding to pressure from the US government and banning Huawei from the UK's 5G mobile communication network construction. The executive accused the British Government of being weak.

Subsequent reports from the BBC and The Guardian indicated that the executive apologized through an HSBC spokesperson, clarifying that the comments were made in a private event and do not reflect the stance of HSBC or the China-Britain Business Council.

In an earlier Bloomberg report, which cited anonymous sources, Sir Sherard Cowper-Coles, HSBC's Head of Public Affairs, criticized the British government during a closed-door meeting. He stated that the government often capitulates to US government pressure and complies with US appeals, such as the decision to ban Huawei from the UK's 5G network construction in 2020. This was described as a weak approach.

Source:Points Media, #Aug07

https://points-media.com/159c

#HSBC #UK #HuaweiBan