Chinese effort to gather ‘micro clues’ on Uyghurs laid bare in report

Authorities in the Chinese region of Xinjiang are using predictive policing and human surveillance to gather “micro clues” about Uyghurs and empower neighbourhood informants to ensure compliance at every level of society, according to a report. The research by the Australian Strategic Policy Institute (ASPI) thinktank detailed Xinjiang authorities’ expansive use of grassroots committees, integrated with China’s extensive surveillance technology, to police their Uyghur neighbours’ movements – and emotions. The findings shed further light on the extraordinary scope of the Chinese Communist party’s grip on the largely Muslim and purportedly…

China Evergrande Gets Soft Treatment in Chinese Media

china evergrande gets soft treatment in chinese media scaled

As China Evergrande Group teeters on the edge of collapse, videos of protesting home buyers have flooded social media. Online government message boards teem with complaints and pleas for intervention to save the huge property developer. The hashtag “What does Evergrande mean for the real estate market?” has been viewed more than 160 million times on one platform. But if trouble threatens for China’s economy, you wouldn’t know it from reading the country’s front pages. The name “Evergrande” has barely been mentioned by top state-run news outlets in recent weeks,…

China’s GDP Growth Slows as Property and Energy Take a Toll

chinas gdp growth slows as property and energy take a toll scaled

Volkswagen, the market leader in China, said on Friday that its production had been falling as the company faced an ever-worsening chip shortage and other supply chain issues. The company doesn’t have enough cars to fill customers’ and dealerships’ orders, creating a backlog. “Our priority is to work off our backlog,” said Stephan Wöllenstein, the chief executive of Volkswagen’s China division. Finding Strength in Exports For months, economists have made the same prediction: The fast growth of China’s exports cannot last. The economists were wrong. China’s exports kept surging through…

US ‘very concerned’ despite China denials over hypersonic missile

The United States is “very concerned” about China’s development of hypersonic technology, the US disarmament ambassador, Robert Wood, has said, after reports that Beijing had recently launched a hypersonic missile with a nuclear capacity. “We are very concerned by what China has been doing on the hypersonic front,” Robert Wood told reporters in Geneva. The Financial Times reported on Saturday that Beijing had launched a nuclear-capable missile in August that circled the Earth at low orbit before narrowly missing its target. Citing multiple sources, the FT claimed the hypersonic missile…

UK bond yields soar as investors anticipate interest rate rise; China’s growth slows – business live

Some economists fear that raising interest rates at this point would be a blunder. It would tighten monetary policy at a time when households and businesses are already being squeezed by higher energy costs, and as government Covid-19 support measures, such as the universal credit uplift, are withdrawn, hurting vulnerable families. A rate hike might calm inflation expectations; policymakers worry that workers will seek higher wages to match rising prices in the shops (although not every employee has as much leverage as, say, a qualified HGV lorry driver). But it…

Goldman Sachs Wins Approval to Buy Out Partner in China

goldman sachs wins approval to buy out partner in china scaled

Goldman Sachs has won approval to take full ownership of a joint venture in China, enabling the Wall Street firm to expand its operations in the country at a time when Beijing has made moves to open up its financial sector. The go-ahead from the China Securities Regulatory Commission for Goldman Sachs to buy out Beijing Gao Hua Securities, its local partner, comes as Beijing tries to make good on a pledge it made in 2017 to allow foreign investment banks to fully own their China operations. “This marks the…

Washington Hears Echoes of the ’50s and Worries: Is This a Cold War With China?

washington hears echoes of the 50s and worries is this a cold war with china scaled

The White House is loath to put a label on this multilayered approach, which may explain why Mr. Biden has yet to give a speech laying it out in any detail. But his actions so far look increasingly like those in a world of competitive coexistence, a bit edgier than the “peaceful coexistence” that the Soviet leader Nikita S. Khrushchev used to characterize the old Cold War. (Interestingly, after meeting this month in Switzerland with Jake Sullivan, the president’s national security adviser, China’s top diplomat said he objected to any…

Chinese military condemns US and Canada over warships in Taiwan Strait

The Chinese military has condemned the United States and Canada for each sending a warship through the Taiwan Strait last week, saying they were threatening peace and stability in the region. China claims democratically ruled Taiwan as its own territory, and has mounted repeated air force missions into Taiwan’s air defence identification zone (ADIZ) over the past year, provoking anger in Taipei. China sent about 150 aircraft into the zone over a four-day period beginning on 1 October in a further heightening of tension between Beijing and Taipei that has…

Coal-state Democrat set to scupper Biden clean energy plans

President Joe Biden is likely to abandon a clean energy programme that was the centrepiece of his efforts to tackle greenhouse gas emissions at home, US media reported, because of opposition from a swing-vote Democratic senator from a state with a historically large coal industry. Funding to replace coal- and gas-fired plants with wind, solar and nuclear generation was part of a massive budget bill that Biden is struggling to get through Congress. The New York Times reported that White House staff members are now rewriting the legislation without the…

China, coal and COP26: can the world’s biggest emitter give up its dirty habit?

When he was a little boy in the 1980s, Wang Xiaojun was taught to be proud of his home town of Lüliang in the north-western Chinese province of Shanxi. Shanxi is China’s biggest coal-producing region, and Lüliang was a significant base for the army during the second world war. Nestled in the mountains of the dusty Loess Plateau, Lüliang, a city of 3.4 million people, has had less to shout about in recent years. A series of corruption scandals in the city brought down several high profile officials shortly after…

Page 1 of 17
1 2 3 4 5 6 17