Forwarded from 📡Guardians of Hong Kong
China Planning 'Unprecedented' Tiananmen Memorial Crackdown: Report
Beijing will take "unprecedented heavy-handed measures" to crack down on next month's vigil in Hong Kong to mark the Tiananmen Square massacre, a Beijing-friendly local outlet said Tuesday.
The annual gathering in Victoria Park—banned on health grounds for a second year running—is a "minefield" for those planning to attend on June 4, according to online news portal HK01. It will be the first memorial since China's sweeping Hong Kong national security law came into effect on June 30 last year.
Source: Newsweek #May15
https://www.newsweek.com/china-planning-unprecedented-tiananmen-crackdown-hong-kong-report-1592366
#China #Unprecedented #Tiananmen #Crackdown #Beijing
Beijing will take "unprecedented heavy-handed measures" to crack down on next month's vigil in Hong Kong to mark the Tiananmen Square massacre, a Beijing-friendly local outlet said Tuesday.
The annual gathering in Victoria Park—banned on health grounds for a second year running—is a "minefield" for those planning to attend on June 4, according to online news portal HK01. It will be the first memorial since China's sweeping Hong Kong national security law came into effect on June 30 last year.
Source: Newsweek #May15
https://www.newsweek.com/china-planning-unprecedented-tiananmen-crackdown-hong-kong-report-1592366
#China #Unprecedented #Tiananmen #Crackdown #Beijing
Forwarded from China in Focus - NTD
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#Investors have rushed to divest from China’s health sector. They fear that Beijing's #crackdown in tech and education will hit the medical industry next.
🔶 Watch the full episode👉https://youtu.be/Td8iH2euIyg
🔶 Watch the full episode👉https://youtu.be/Td8iH2euIyg
Forwarded from China in Focus - NTD
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VIEW IN TELEGRAM
#Investors have rushed to divest from China’s health sector. They fear that Beijing's #crackdown in tech and education will hit the medical industry next.
🔶 Watch the full episode👉https://youtu.be/Td8iH2euIyg
🔶 Watch the full episode👉https://youtu.be/Td8iH2euIyg
Forwarded from 📡Guardians of Hong Kong
‘They Have My Sister’: As Uyghurs Speak Out, China Targets Their Families
She was a gifted agricultural scientist educated at prestigious universities in Shanghai and Tokyo. She said she wanted to help farmers in poor areas, like her hometown in Xinjiang, in western China. But because of her uncle’s activism for China’s oppressed Muslim Uyghurs, her family and friends said, the Chinese state made her a security target.
At first they took away her father. Then they pressed her to return home from Japan. Last year, at age 30, Mihriay Erkin, the scientist, died in Xinjiang, under mysterious circumstances.
Source: NY Times #Jul27
https://www.nytimes.com/2021/07/27/world/asia/xinjiang-china-crackdown.html
#China #Crackdown #Xinjiang #Uyghur
She was a gifted agricultural scientist educated at prestigious universities in Shanghai and Tokyo. She said she wanted to help farmers in poor areas, like her hometown in Xinjiang, in western China. But because of her uncle’s activism for China’s oppressed Muslim Uyghurs, her family and friends said, the Chinese state made her a security target.
At first they took away her father. Then they pressed her to return home from Japan. Last year, at age 30, Mihriay Erkin, the scientist, died in Xinjiang, under mysterious circumstances.
Source: NY Times #Jul27
https://www.nytimes.com/2021/07/27/world/asia/xinjiang-china-crackdown.html
#China #Crackdown #Xinjiang #Uyghur
Forwarded from 📡Guardians of Hong Kong
China’s regulatory crackdown has wiped billions off tech stocks — here are the risks ahead
Chinese authorities have introduced a slew of legislation in the past few months, largely aimed at the tech sector — a move that’s spooked investors and wiped out billions of dollars in value from the country’s internet giants.
The legislative onslaught began in November last year when the huge initial public offering of billionaire Jack Ma’s financial technology company Ant Group was suspended.
Since then, regulators have introduced anti-monopoly legislation focused on the so-called “platform economy” which broadly refers to internet companies operating a variety of services from e-commerce to food delivery. Regulations have also aimed at bolstering critical data security and protection laws.
Source: CNBC #Aug30
https://t.co/d56SyUayMg
#China #Crackdown #JackMa #AntGroup
Chinese authorities have introduced a slew of legislation in the past few months, largely aimed at the tech sector — a move that’s spooked investors and wiped out billions of dollars in value from the country’s internet giants.
The legislative onslaught began in November last year when the huge initial public offering of billionaire Jack Ma’s financial technology company Ant Group was suspended.
Since then, regulators have introduced anti-monopoly legislation focused on the so-called “platform economy” which broadly refers to internet companies operating a variety of services from e-commerce to food delivery. Regulations have also aimed at bolstering critical data security and protection laws.
Source: CNBC #Aug30
https://t.co/d56SyUayMg
#China #Crackdown #JackMa #AntGroup
Forwarded from 📡Guardians of Hong Kong
China culture crackdown a sign of 'profound' political change - commentary
China's crackdown on celebrity culture and its moves to rein in giant internet firms are a sign of "profound" political changes under way in the country, a prominent blogger said in a post widely circulated across state media.
The Chinese government has recently taken action against what it has described as "chaotic" online fan club culture, and has also punished celebrities for tax evasion and other offences.
In a wide-ranging series of interventions in the economy, it has also promised to tackle inequality, "excessively high" incomes, soaring property prices and profit-seeking education institutions.
Source: Reuters #Aug31
https://reut.rs/2WvtGMV
#China #Crackdown #Profound #Chaotic
China's crackdown on celebrity culture and its moves to rein in giant internet firms are a sign of "profound" political changes under way in the country, a prominent blogger said in a post widely circulated across state media.
The Chinese government has recently taken action against what it has described as "chaotic" online fan club culture, and has also punished celebrities for tax evasion and other offences.
In a wide-ranging series of interventions in the economy, it has also promised to tackle inequality, "excessively high" incomes, soaring property prices and profit-seeking education institutions.
Source: Reuters #Aug31
https://reut.rs/2WvtGMV
#China #Crackdown #Profound #Chaotic
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 國際文宣組 IFC
In the end, only power and personal interest matter, faith is nothing in the face of secular benefits.
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#CCP #China #uyghurs #Arabworld #crackdown #authoritarian #Xinjiang #biometric
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#CCP #China #uyghurs #Arabworld #crackdown #authoritarian #Xinjiang #biometric
Forwarded from Hong Kong Democracy Movement (HKDM2)
China's intensified crackdown on individuals promoting the independence of Taiwan is causing alarm. Recent reports reveal that China is now arresting anyone advocating for Taiwanese independence, even outside its borders. This aggressive approach highlights the extent to which China seeks to suppress any dissenting voices and undermine Taiwan's sovereignty. The international community must remain vigilant and stand up for the principles of freedom of expression and self-determination. #China #TaiwanIndependence #Crackdown #FreedomOfExpression #Sovereignty