#Newspaper

Several Chinese banks paused processing applications for personal precious metal investment accounts, due to the international fluctuating price

(27 Nov) Numerous middle and large scale commercial banks in mainland China have announced the pause of processing new investment account applications for trading precious metal such as gold and silver, as the market price is subject to recent international politics environment and Covid-19 pandemic, and is experiencing an extreme fluctuation, enlarging the risks of trading and investing.

The Bank of China, the Industrial and Commercial Bank of China, the China Construction Bank and the Agricultural Bank of China indicated that they will pause opening new personal bank accounts and gold and silver accounts for investment, while the existing accounts are not affected by the arrangement. For other banks such as the Bank of Communication, the China Merchants Bank and the Industrial Bank, they also have similar arrangements.

Source: Radio Television Hong Kong

Translated by: Hong Kong Echo

#ChinaBanks #Pause #NewAccount #Investment #Gold #Silver

What happened to "never again"? Lessons we learned from history? Europe, it will be a betrayal of not just those directly oppressed by #CCP, but your ancestors as well.
-
#Europe #EU #tradedeal #investment #china #english #diyms

EU suspends efforts to ratify controversial investment deal with China 

The EU has suspended efforts to ratify an investment deal with China because of tensions between Brussels and Beijing.

The agreement was reached in principle last December but had yet to receive the necessary endorsement from EU institutions, such as the European Parliament.

"We have for the time being [...] suspended some efforts of political awareness on the part of the Commission because it's clear that, in the current situation, with the sanctions of the EU against China and the Chinese counter-sanctions, including against Members of the European Parliament, the environment is not conducive to the ratification of the agreement," Valdis Dombrovskis, executive vice-president of the European Commission, told French news agency AFP in an interview.

Source: EuroNews #May05

https://www.euronews.com/2021/05/04/eu-suspends-efforts-to-ratify-controversial-investment-deal-with-china
 
#EU #Investment #China #Agreement #Sanction

Huawei allegedly spies on Dutch telecom users including political figures, arose Dutch regulators investigation

Netherland's media De Volkskrant obtained a confidential document alleges that Huawei had access to monitor the calls of users of KPN, the largest telecommunications network in the Netherlands, 10 years ago. The Guardian reported that the confidential report, made for KPN by the Capgemini consultancy firm in 2010, concluded that Huawei could have been monitoring the calls of approximately 6.5 million users without KPN’s knowledge, including politicians such as former prime minister Jan Peter Balkenende and Chinese dissidents. Both KPN and Huawei deny the allegations. The Dutch telecommunications regulator announced on Monday (19 April) that it will investigate the incident.

According to the report, Huawei staff in the Netherlands and China could have monitored calls made by Prime Minister Jan Peter Balkenende, local dignitaries, and Chinese dissidents. "The continued existence of KPN Mobile is in serious danger because permits may be revoked or the government and businesses may give up their confidence in KPN if it becomes known that the Chinese government can eavesdrop on KPN mobile numbers and shut down the network", de Volkskrant quotes the report.

Source: Stand News #Apr20

https://bit.ly/3txBRmn

#Huawei #Netherlands #Telecommunication #Politics #Eavesdrop #Investment #TheGuardians #KPN

European Parliament to vote on freezing China investment deal

The European Parliament is expected to pass a motion on Thursday pushing to formally freeze the EU’s investment agreement with China, in the wake of what MEPs describe as Beijing’s “baseless and arbitrary” sanctions on EU lawmakers earlier this year.

The draft motion, seen by POLITICO, will also call on the EU to step up coordination with the US to deal with China, while stressing that any trade deals with Taiwan “should not be held hostage” by the deal with Beijing.

Source: Politico #May18

https://www.scmp.com/news/world/europe/article/3133983/european-parliament-vote-freezing-china-investment-deal

#European #China #EU #Freezing #Investment

The European Parliament freezes China investment pact by majority

The EU–China Comprehensive Agreement on Investment (CAI) has been under negotiation since 2014. It is generally considered to be of great significance to China’s diplomacy and trade. The European Parliament voted to freeze the ratification at around 2 p.m. local time today (20May), it was passed with 599 votes in favour, 30 votes against, and 58 abstentions. According to the latest decision, European Parliament will halt the ratification and no further negotiations on the agreement will take place until China lifts sanctions on EU officials, academics, and diplomats in March.

According to reports in foreign media, chair of the European Parliament's China Delegation Reinhard Bütikofer
said that China wants to reach the agreement, but has miscalculated, and underestimated European Parliament's will in defending European interests and values.

Source: Stand News #May20

https://bit.ly/3vsqGNx

#Europe #EU #China #Parliament #Investment #Agreement

In the past month, the #investment market with #ChineseStocks has been volatile, to say the least.

#XiJinping is really the one giving orders to attack Chinese stocks. Despite not knowing much about markets and business, Xi likes one thing more than anything else—control.

🔥Watch the full episode 👉https://youtu.be/iUwRAGqF3TI

A new report says direct #Investment between China and the United States is seeing a major plunge of over 70 percent during the past four years.

And the sector that saw the steepest decline is #Tech—an over 90 percent plunge.

🔶 Watch the full episode👉https://youtu.be/6qAeLzHica8