China and Taiwan News 中国和台湾新闻
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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
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Forwarded from Hong Kong Democracy Movement (NK Democracy 🍎)
China played dirty to get Huawei’s 'princess' back — too dirty even to tell its own people

There’s no mention in China's media of the Canadians Michael Kovrig & Michael Spavor being detained for 3 years in order to get Meng Wanzhou back.

https://www.abc.net.au/news/2021-09-26/huawei-meng-wanzhou-china-played-dirty-birtles/100491980
Forwarded from China in Focus - NTD
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“The Chinese Communist Party has infiltrated Australia's political system, and has engaged in quite blatant and loud and consistent economic threats, and even military threats,” said Rick Fisher, senior fellow at the International Assessment and Strategy Center.

🔶 Watch the full episode👉https://youtu.be/qAOOVBVgmHg
Forwarded from The Epoch Times
Huawei Executive Meng Was a Loser in Trudeau’s Election Gamble

By: Patricia Adams, Lawrence Solomon

READ: https://www.theepochtimes.com/huawei-executive-meng-was-a-loser-in-trudeaus-election-gamble_4017003.html?utm_medium=epochtimes&utm_source=telegram

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Forwarded from 國際文宣組 IFC
We can't think what is stupider than letting #CCP control the manufacturing and supplying of a strategically important material like graphene. #BorisJohnson, watch out.
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#infiltration #meme #graphene #nationalsecurity #parliament
Forwarded from RT News
China to plunge into power crunch as looming Evergrande default sends shockwaves through financial sector – media

An imminent power-supply shock is reportedly expected to hit China just as the world’s second-biggest economy is gripped with uncertainty over the probable bankruptcy of one of the country’s real estate majors, Evergrande.

The crackdown on power consumption has reportedly been triggered by surging demand for electricity, along with soaring prices for coal and gas that are exacerbated by strict targets set up by China’s authorities to cut emissions.

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Forwarded from RTHK Latest News
State Grid 'trying its best' to avoid power cuts

The State Grid Corporation of China said on Monday that it would take comprehensive measures to ensure people's basic power usage demand and would try its best to avoid the situation of power cuts.The company will coordinate the deployment of resources and fully take advantage of the power grid platform, it said in a statement.It also vowed to strictly implement the government's orderly electricity use plan and to ensure safe and reliable power usage.Mainland provinces and regions have recently been undergoing power curbs from residential to industrial sectors amid the government's energy consumption controls and tight coal supply. (Reuters)

2021-09-27 16:06:59 (1)
Forwarded from RTHK Latest News
Shares in Evergrande EV unit plunge as cash dries up

Shares in debt-laden Evergrande's e-vehicle unit slumped by more than 10 percent Monday after the firm scrapped a proposed Shanghai listing, and with the property developer mired in a liquidity crisis. Evergrande is struggling with more than US$300 billion of debt from a years-long acquisition binge, including into electric vehicles once billed as a rival to Elon Musk's dominant Tesla brand. There are fears any defaults on tens of millions of dollars of interest payments could spark a chaotic implosion of the firm, China's second-largest developer, with major repercussions for the domestic economy and the rest of the world. Shares in Evergrande New Energy Vehicle, also known as Evergrande Auto, fell to HK$1.95 in early trading in Hong Kong Monday, after it scrapped the planned Shanghai listing via a Sunday stock exchange filing. In a separate exchange filing late Friday, Evergrande NEV said its parent company's cash crisis would have a "material adverse impact" on production. The firm warned of a "serious shortage of funds" which forced it to suspend "paying some of its operating expenses and some suppliers". It admitted "there is no guarantee that the Group will be able to meet its financial obligations under the relevant contracts", as it looks for strategic investors. The car unit's share price has lost 80 per cent of its value since February this year. (AFP)

2021-09-27 16:53:11