Forwarded from 📡Guardians of Hong Kong
US State Department Reportedly Recommends Putting China’s Ant Group on Trade Blacklist
As US-China relations remain tense, sources have indicated to Reuters that the State Department had proposed placing Ant Group on the trade blacklist to the Trump administration ahead of its listing on the US stock market.
A financial technology firm, Ant Group is planning to be listed on stock markets in Shanghai and Hong Kong with an estimated market value of a record-breaking 35 billion US dollars. It is unclear at the moment as to when the US government will add the firm to its Entity List, but it is believed that this is a sign from hardliners in Washington that American investors should refrain from taking part in the firm’s initial public offering.
While the local law makes it difficult for US firms to sell high-tech products to companies on the Entity List, how this latest move actually affects China is still a matter of debate. Reuters noted that while telecom companies like Huawei may suffer from being blacklisted, placing a fintech firm on the list could be more of a gesture.
Source: Stand News #Oct15
#US #China #AntGroup #EntityList #TradeWar #Finance
https://bit.ly/34cR2Yu
As US-China relations remain tense, sources have indicated to Reuters that the State Department had proposed placing Ant Group on the trade blacklist to the Trump administration ahead of its listing on the US stock market.
A financial technology firm, Ant Group is planning to be listed on stock markets in Shanghai and Hong Kong with an estimated market value of a record-breaking 35 billion US dollars. It is unclear at the moment as to when the US government will add the firm to its Entity List, but it is believed that this is a sign from hardliners in Washington that American investors should refrain from taking part in the firm’s initial public offering.
While the local law makes it difficult for US firms to sell high-tech products to companies on the Entity List, how this latest move actually affects China is still a matter of debate. Reuters noted that while telecom companies like Huawei may suffer from being blacklisted, placing a fintech firm on the list could be more of a gesture.
Source: Stand News #Oct15
#US #China #AntGroup #EntityList #TradeWar #Finance
https://bit.ly/34cR2Yu
立場新聞 Stand News
據報美國務院建議將螞蟻集團列入貿易黑名單 為公司上市再添變數 | 立場報道 | 立場新聞
中美關係持續緊張。有知情人士向路透社表示，美國國務院已向特朗普政府遞交計劃書，考慮在中國螞蟻集團（Ant Gr...
Forwarded from 📡Guardians of Hong Kong
US State Department Reportedly Recommends Putting China’s Ant Group on Trade Blacklist
As US-China relations remain tense, sources have indicated to Reuters that the State Department had proposed placing Ant Group on the trade blacklist to the Trump administration ahead of its listing on the US stock market.
A financial technology firm, Ant Group is planning to be listed on stock markets in Shanghai and Hong Kong with an estimated market value of a record-breaking 35 billion US dollars. It is unclear at the moment as to when the US government will add the firm to its Entity List, but it is believed that this is a sign from hardliners in Washington that American investors should refrain from taking part in the firm’s initial public offering.
While the local law makes it difficult for US firms to sell high-tech products to companies on the Entity List, how this latest move actually affects China is still a matter of debate. Reuters noted that while telecom companies like Huawei may suffer from being blacklisted, placing a fintech firm on the list could be more of a gesture.
Source: Stand News #Oct15
#US #China #AntGroup #EntityList #TradeWar #Finance
https://bit.ly/34cR2Yu
As US-China relations remain tense, sources have indicated to Reuters that the State Department had proposed placing Ant Group on the trade blacklist to the Trump administration ahead of its listing on the US stock market.
A financial technology firm, Ant Group is planning to be listed on stock markets in Shanghai and Hong Kong with an estimated market value of a record-breaking 35 billion US dollars. It is unclear at the moment as to when the US government will add the firm to its Entity List, but it is believed that this is a sign from hardliners in Washington that American investors should refrain from taking part in the firm’s initial public offering.
While the local law makes it difficult for US firms to sell high-tech products to companies on the Entity List, how this latest move actually affects China is still a matter of debate. Reuters noted that while telecom companies like Huawei may suffer from being blacklisted, placing a fintech firm on the list could be more of a gesture.
Source: Stand News #Oct15
#US #China #AntGroup #EntityList #TradeWar #Finance
https://bit.ly/34cR2Yu
立場新聞 Stand News
據報美國務院建議將螞蟻集團列入貿易黑名單 為公司上市再添變數 | 立場報道 | 立場新聞
中美關係持續緊張。有知情人士向路透社表示，美國國務院已向特朗普政府遞交計劃書，考慮在中國螞蟻集團（Ant Gr...
Forwarded from 📡Guardians of Hong Kong
US appointed Special Coordinator to enforce Tibetan policies Pompeo: China will pay for violations of human rights
The US Department of State has appointed Robert Destro, Assistant Secretary for the Bureau of Democracy, Human Rights, and Labor (DRL), as the U.S. Special Coordinator for Tibetan Issues. Chinese Foreign Ministry Spokesperson Zhao Lijian responded to the appointment on Thursday, claiming the position was created by the US simply as a political stunt. He reiterated China’s stance in its objection and refusal to recognize this appointment.
Zhao Lijian accused the US of interfering with Chinese internal affairs, and undermining the stable development of Tibet. He urged the US to stop using Tibetan issues to meddle in Chinese affairs and emphasised China’s affirming stance in taking every measure to protect its own interest.
Secretary of State Michael Pompeo stated on the press conference that Destro will enforce the Tibetan Policy and Support Act, aiming to foster the exchange between China and Dalai-Lama or his representatives; protecting the unique religion, culture and language of Tibet; and ensuring the rights of the people of Tibet are respected. His duties also include leading the US to aid in the humanitarian needs of Tibetan refugees and the economic and environmental sustainability of Tibet.
According to Pompeo, the US will continuously monitor China for its oppression in Tibet, including its false promise of autonomy; deterioration of human rights issues; and restricting Tibetans’ religious freedom and cultural traditions. Destro will join forces with leaders of Tibet, international allies, and specialists to confront the aforementioned issues, while facilitating the Department of State to support Tibetans around the world and their unrelenting work in protecting human rights and religious freedom.
Source: Apple Daily #Oct15
#Tibet #US #HumanRights #CCPChina #TibetPolicyAndSupportAct #RobertDestro #Pompeo
https://hk.appledaily.com/international/20201015/WAJTPLANSNBGXCKPVDPFLDW3BM/
The US Department of State has appointed Robert Destro, Assistant Secretary for the Bureau of Democracy, Human Rights, and Labor (DRL), as the U.S. Special Coordinator for Tibetan Issues. Chinese Foreign Ministry Spokesperson Zhao Lijian responded to the appointment on Thursday, claiming the position was created by the US simply as a political stunt. He reiterated China’s stance in its objection and refusal to recognize this appointment.
Zhao Lijian accused the US of interfering with Chinese internal affairs, and undermining the stable development of Tibet. He urged the US to stop using Tibetan issues to meddle in Chinese affairs and emphasised China’s affirming stance in taking every measure to protect its own interest.
Secretary of State Michael Pompeo stated on the press conference that Destro will enforce the Tibetan Policy and Support Act, aiming to foster the exchange between China and Dalai-Lama or his representatives; protecting the unique religion, culture and language of Tibet; and ensuring the rights of the people of Tibet are respected. His duties also include leading the US to aid in the humanitarian needs of Tibetan refugees and the economic and environmental sustainability of Tibet.
According to Pompeo, the US will continuously monitor China for its oppression in Tibet, including its false promise of autonomy; deterioration of human rights issues; and restricting Tibetans’ religious freedom and cultural traditions. Destro will join forces with leaders of Tibet, international allies, and specialists to confront the aforementioned issues, while facilitating the Department of State to support Tibetans around the world and their unrelenting work in protecting human rights and religious freedom.
Source: Apple Daily #Oct15
#Tibet #US #HumanRights #CCPChina #TibetPolicyAndSupportAct #RobertDestro #Pompeo
https://hk.appledaily.com/international/20201015/WAJTPLANSNBGXCKPVDPFLDW3BM/
Forwarded from 📡Guardians of Hong Kong
#Censorship #CCP
#Quran App Removed in China
//#Apple has taken down one of the world's most popular Quran apps in China, following a request from officials.
Quran Majeed is available across the world on the App Store - and has nearly 150,000 reviews. It is used by millions of Muslims.
The Chinese Communist Party officially recognises Islam as a religion in the country.
However, China has been accused of human rights violations, and even genocide, against the mostly Muslim Uyghur ethnic group in Xinjiang.
Earlier this year the BBC reported that Uyghur imams had been targeted in China's Xinjiang crackdown.
Apple declined to comment, but directed the BBC to its Human Rights Policy, which states: "We're required to comply with local laws, and at times there are complex issues about which we may disagree with governments."
However, it is not clear what rules the app has broken in China.//
Source: BBC #Oct15
#Quran App Removed in China
//#Apple has taken down one of the world's most popular Quran apps in China, following a request from officials.
Quran Majeed is available across the world on the App Store - and has nearly 150,000 reviews. It is used by millions of Muslims.
The Chinese Communist Party officially recognises Islam as a religion in the country.
However, China has been accused of human rights violations, and even genocide, against the mostly Muslim Uyghur ethnic group in Xinjiang.
Earlier this year the BBC reported that Uyghur imams had been targeted in China's Xinjiang crackdown.
Apple declined to comment, but directed the BBC to its Human Rights Policy, which states: "We're required to comply with local laws, and at times there are complex issues about which we may disagree with governments."
However, it is not clear what rules the app has broken in China.//
Source: BBC #Oct15
Forwarded from 📡Guardians of Hong Kong
‘It Was Like Having the Chinese Government in the Room With Us’
U.S. authorities provided satellite photos of a North Korean ship transferring coal to a Chinese-flagged vessel to the U.N. panel of experts for North. China responded that it was “completely normal” for Chinese coast guard vessels to patrol in the region and asked the panel “not to include in its report unverified information” about the Chinese ship. Also, they stated it was a matter of national security.
It also underscores the contradiction between Beijing’s attempt to assert itself as a
champion of multilateralism while it persistently seeks to air brush out the record of its
failure to live up to those commitments. The United States has expressed increasing concern about China’s failure to enforce sanctions.
Source: Foreign Policy #Oct15
https://foreignpolicy.com/2021/10/15/china-sanctions-north-korea-hardball/ #canada
#NorthKoreaSanction #ChinaNorthKorea
U.S. authorities provided satellite photos of a North Korean ship transferring coal to a Chinese-flagged vessel to the U.N. panel of experts for North. China responded that it was “completely normal” for Chinese coast guard vessels to patrol in the region and asked the panel “not to include in its report unverified information” about the Chinese ship. Also, they stated it was a matter of national security.
It also underscores the contradiction between Beijing’s attempt to assert itself as a
champion of multilateralism while it persistently seeks to air brush out the record of its
failure to live up to those commitments. The United States has expressed increasing concern about China’s failure to enforce sanctions.
Source: Foreign Policy #Oct15
https://foreignpolicy.com/2021/10/15/china-sanctions-north-korea-hardball/ #canada
#NorthKoreaSanction #ChinaNorthKorea