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 China in Focus - NTD
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An early season #Snowstorm blanketed parts of northern China over the weekend. Authorities forecast up to 11 inches of snow in some areas. And China’s national weather forecaster issued its second-highest #WeatherWarning.

🔶 Watch the full episode👉https://youtu.be/Is34EuEfVpc
Forwarded from China in Focus - NTD
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A Chinese Communist Party media outlet published a 12,000-word article listing party leader #XiJinping's achievements before an important CCP meeting—which some speculate may pave the way for Xi's third five-year term in office.

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Forwarded from China in Focus - NTD
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On Friday, the U.S. Justice Department said Xu Yanjun had been convicted by a federal jury of #Espionage crimes, including plotting to steal #TradeSecrets from several U.S. aviation and aerospace companies.

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Forwarded from China in Focus - NTD
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#China has been clamping down on its tech giants, including e-commerce titan Alibaba. Now a Japanese company is feeling the effects.

On Nov. 8, #SoftBank said it faced a $10 billion hit to the value of its mammoth Vision Fund, which invests in tech firms.

🔶 Watch the full episode👉https://youtu.be/Is34EuEfVpc
Forwarded from RTHK Latest News
China reports African swine fever outbreak

China has reported an outbreak of African swine fever (ASF) at a pig farm on Hainan island, the Paris-based World Organisation for Animal Health (OIE) said on Tuesday.The outbreak on a farm of 1,063 animals began on October 23 and was confirmed on October 31, the organisation said, citing a report by Chinese authorities.African swine fever is harmless to humans but often fatal for pigs. After it reached China in August 2018 the virus wiped out 50% of the country's pigs within a year. (Reuters)

2021-11-10 02:09:16
Forwarded from China Insider With David Zhang
Did #China just announce Taiwan is actually a country? A new Chinese #sanction on Taiwanese officials is bringing out speculations. The aggression is finally paying off...for Taiwan.

Meanwhile, a jury in Cincinnati convicted a Chinese spy over his attempt to #steal american flying technology.

🔥Watch here👉https://youtu.be/hl9Hxuaeg5Q
Forwarded from Hong Kong Democracy Movement (HKDMovement)
32 years ago, the wall in Berlin fell. Today, another Communist Party is building a wall in #HongKong. Many people decide to ignore what's happening and support the tyranny by being silence or keeping the oppressed silence.
The situation in #Tibet, #XinJiang & #HK didn't improve a single bit today comparing to Berlin 32 years ago. We can only make a difference by everyone taking a step forward to resist #CCP.
Forwarded from China in Focus - NTD
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The United States says it’s prepared to confront #China's threat, after reports that Beijing has built mock-ups of #USwarships in a remote desert.

Beijing has been collecting Americans’ #DNAdata, but what makes those details especially attractive for the Chinese regime? We dive into what drives the effort.

🔥WATCH HERE👉https://youtu.be/5ALO5EMMplQ
Bloomberg: Xi Jinping’s “common prosperity” makes investors uneasy, Chinese regulators meet with Wall Street executives to defend against technology companies  
 
According to Bloomberg, China recently defends against technology companies and the “common prosperity” from Chinese President Xi Jinping makes global investors feel disturbed. Chinese regulators and Wall Street executives had a closed meeting on Thursday, which defending the recent suppression of multiple industries, claiming that its regulatory measures are not aimed at technology or private companies. 
 
According to quoted resources from the report, Fang Xinghai, Vice Chairman of China Securities Regulatory Commission, Senior Officials of the People’s Bank of China, and financial companies such as Goldman Sachs, Citadel, and BlackRock, held a 3-hour closed-door meeting on Thursday.  
 
During the meeting, Fang Xinghai stated the supervision from Chinese government to Chinese companies should not be interpreted as being decoupled from the US or international financial markets. He stated that, China recent measures are targeting at companies operating consumer platforms and strengthens the supervision to improve privacy safety and national security. For measures that are aiming at education training industries and gaming industries, it is aiming to reduce the concerns of society.  
 
Source: Stand News #Sep19

https://bit.ly/3GRsUvQ
 
#Bloomberg #XiJinping #WallStreet #China #Technology #Supervision #Privacy #NationalSecurity #Education #GamingIndustries  
Forwarded from RTHK Latest News
China factory-gate inflation hit new high in October

The mainland's factory-gate inflation hit a 26-year high in October while fresh virus outbreaks and soaring food and energy prices sent consumer prices up more than forecast, official figures showed on Wednesday.The producer price index (PPI), which measures the cost of goods at the factory gate, jumped a bigger-than-expected 13.5 percent on-year, said the National Bureau of Statistics."The rise in PPI expanded due to the combination of imported global factors and the tight supply of major domestic energy and raw materials," said NBS senior statistician Dong Lijuan.These include a sharp increase in domestic coal prices, rising oil and gas prices globally and supply chain disruptions, said Rajiv Biswas of IHS Markit.Another recent factor, he added, was a sharp uptick in shipping costs around the world "due to the strong rebound in trade flows" between China, the United States, and Europe.PPI reached 10.7 percent in September, which was then the highest on record in NBS data since the mid-1990s."The surge of PPI inflation is especially negative for investment demand as developers and local governments are financially stretched this year due to the unprecedented property curbs," Nomura chief China economist Lu Ting told AFP.Factory prices have also been pushing up export costs and "impairing Chinese exporters' competitiveness", although the PPI may have now peaked as Beijing moved to contain coal prices.Dong said 36 out of 40 industrial sectors surveyed saw price increases, including spikes in coal mining and oil and natural gas extraction.The consumer price index (CPI), a key gauge of retail inflation, meanwhile picked up more than expected in October after four months of decline.The CPI hit 1.5 percent -- up from 0.7 percent in September.Vegetable costs surged almost 16 percent owing to poor weather, coronavirus outbreaks and rising transportation costs, Dong said.The government this month urged people to stock up on food amid increasingly tight measures to contain its latest Covid outbreak -- prompting reports of panic buying across the country.The commerce ministry notice also told authorities to take measures to facilitate agricultural production, keep supply chains smooth, and maintain stable prices."Due to the rise of food prices thanks to both panic buying, bad weather and some pass through from higher energy prices, we expect CPI inflation to rise further," said Nomura's Lu. (AFP)

2021-11-10 12:03:32 (1)
Forwarded from RTHK Latest News
North China steels itself against record blizzard

China is resolved to tackle the strong snowstorm that is wreaking havoc and disrupting normal life in its northern regions, Xinhua News Agency said on Wednesday.The lingering blizzard, which began on Sunday, has brought record snowfall. Shenyang, the capital city of Liaoning province, had by Tuesday logged an average snowfall of 51 millimetres and a maximum snow depth of 41 centimetres, the highest level recorded since 1905, local meteorological authorities said.Local traffic has been severely disrupted by the heavy snowfall, with most expressway toll stations in the province remaining closed on Tuesday. Passenger stations in all parts of the province also remain closed, except those in the cities of Dalian and Dandong.Solid efforts are underway to clear snow from transport routes in a bid to ensure transportation security and safeguard people's livelihoods, Xinhua said.It added that Shenyang has mobilised approximately 24,000 people, with over 2,000 sets of machinery and equipment running at full steam to clear the expressway.

2021-11-10 13:33:17
Forwarded from RT News
Chinese developer Kaisa pleads for financial help as US Fed warns of wider economic risks (Reuters report)

Kaisa Group Holdings requires help to pay investors, workers and suppliers, the developer told a meeting of a Chinese government think-tank, banks and property firms, according to a Reuters source with direct knowledge of the matter.

Kaisa has the most offshore debt of any Chinese developer after Evergrande. The US Federal Reserve said in its latest report Monday that stresses in China's real estate sector could pose some risks to the US financial system:

"Given the size of China's economy and financial system... financial stresses in China could strain global financial markets through a deterioration of risk sentiment, pose risks to global economic growth, and affect the United States."

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