Tag: China

Chinese embassy in US retweets Trump’s election fraud claim, blames hackers
10Dec By Mike TrudellNo Comments
China, Singapore, World

Chinese embassy in US retweets Trump’s election fraud claim, blames hackers

In a major blunder, the Chinese embassy in the US retweeted President Donald Trump's tweet, in which he accused the Democrats of cheating in the presidential election. However, later the embassy said that its official Twitter account was hacked.Taking to Twitter, Trump wrote, "If somebody cheated in the Election, which the Democrats did, why wouldn't the Election be immediately overturned? How can a Country be run like this?"The post carrying a Twitter warning that the claim of election fraud is "disputed" was retweeted by the official account for the Chinese government's presence in the US.The embassy then tweeted saying: "The Chinese Embassy twitter account was hacked this afternoon and we condemn such an act. For clarification, the Embassy didn’t do any retweeting on Dec.9."This comes d...
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Hong Kong Police arrest 8 more pro-democracy legislators
9Dec By Joe RodriguezNo Comments
Asia, Singapore

Hong Kong Police arrest 8 more pro-democracy legislators

The Hong Kong police on Tuesday arrested eight more pro-democracy legislators over their role in an unauthorized protest last summer.According to media reports, while the police have only said that the arrested people were of age between 24 and 64, local media has said that former pro-democracy legislators and veteran activist Leung Kwok-hung, known as Long Hair, was among them.Meanwhile, a Twitter post of former legislator Eddie Chu said he too had been arrested.“Chu Hoi Dick was arrested and searched by the police at 0640am this morning,” the post read. “He was charged with two crimes related to July 1st: holding or organizing an unauthorized assembly, and knowingly participating in an unauthorized assembly,” the post added.The arrests came less than a week after police sentenced three o...
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China a ‘principal military, economic threat’ in Asia: US Commerce Secretary
9Dec By Mike TrudellNo Comments
Asia, China, Market, Singapore, World

China a ‘principal military, economic threat’ in Asia: US Commerce Secretary

China continues to be both the largest potential market and the principal military and economic threat in the Asian region, US Secretary of Commerce Wilbur Ross said on Tuesday.Speaking at the Milken Institute Asia Summit, Ross said: “China accounts for 210 out of 539 anti-dumping and countervailing duty orders imposed by the U.S. In addition, China makes up a “good portion” of the U.S. entity list that restricts companies’ access to American suppliers for national security reasons, he said.Anti-dumping and countervailing duties are slapped on products suspected of being sold at an unfairly low price. Chinese firms that have been put on the entity list include telecommunications giant Huawei.Commenting on the recently signed between China and 14 other Asia-Pacific Countries, Ross said that...
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NATO must devote more time, action to counter security challenges posed by China: Report
7Dec By Mike TrudellNo Comments
China, Singapore, World

NATO must devote more time, action to counter security challenges posed by China: Report

North Atlantic Treaty Organisation (NATO) in its latest report titled 'NATO 2030 - United for a New Era report' has said that it must devote more time, political resources, and action to counter the security challenges posed by China.The report has also recommended a special unit within the Joint Intelligence and Security Division (JISD) to monitor Russia-China cooperation impacting Euro-Atlantic security.The internal political differences are "dangerous" as they help the "external actors, and in particular Russia and China, to exploit intra-Alliance differences and take advantage of individual Allies in ways that endanger their collective interests and security", the report stated."This includes actions that are directly relevant to NATO's traditional geographic and functional mission but...
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Drugs worth Rs 2.5 billion from Gwadar seized in Sri Lanka
7Dec By Joe RodriguezNo Comments
Asia, Singapore

Drugs worth Rs 2.5 billion from Gwadar seized in Sri Lanka

On Sunday, four people from the Marawila Thoduwawa area of Sri Lanka were arrested for transporting drugs worth Rs 2.5 billion with origins in Chinese-controlled Gwadar.They were transporting heroin and crystal methamphetamine (ice) to the Sri Lankan boats from the Pak Dhow that originated from Gwadar.The involvement of the ISI officials in the drug smuggling network is established as such regular movement of Dhow from Gwadar is not possible without tacit support from the ISI and Chinese intelligence officials.The transfer happened in high seas between the Maldives and Sri Lanka.During a raid carried out by the Excise Department, 100 kilograms of heroin and 100 kilograms of ice were seized. It is suspected that a drug trafficker named 'Jude' who is hiding in Dubai, has sent the stock of dr...
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US imposes sanctions on Russian, Chinese firms for supporting Iran missile programme
28Nov By Mike TrudellNo Comments
China, World

US imposes sanctions on Russian, Chinese firms for supporting Iran missile programme

United States Secretary of State Mike Pompeo on Friday said that the country has imposed sanctions on four companies from China and Russia for supporting Iran’s missile programme that remains a “significant proliferation concern”.“The US has sanctioned four entities in China and Russia for their support of Iran’s missile programme, which remains a significant proliferation concern. We will continue to use all our sanctions tools to prevent Iran from advancing its missile capabilities,” Pompeo said.The companies are Chengdu Best New Materials Co Ltd and Zibo Elim Trade Co, Ltd. in China and Nilco Group, which is also known as Nil Fam Khazar Company and Santers Holding and Joint Stock Company Elecon in Russia for transferring sensitive technology and items to Iran’s missile programme.In 2018...
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Despite growing tensions, China buying computer chips from Taiwan firms
27Nov By Walter ParezNo Comments
Asia, China, Market, World

Despite growing tensions, China buying computer chips from Taiwan firms

Despite growing tensions between Taiwan and China, Chinese technology companies have increased orders for computer chips or semiconductors made in Taiwan.According to media reports, Taiwan has reported a six per cent jump in export from July through September this year.Alicia Garcia Herrero, chief Asia-Pacific economist with the French investment bank Natixis said, “They (Chinese firms) know they’re not yet able to produce at least the highest-end semiconductors needed for 5G.”She added that Taiwan makes top-level semiconductors and is unlikely to give up as a leader in the field. Taiwan factories produce some of the world’s top computer chips. But during the past four years, it has pushed companies to depend less on the Chinese market.The two countries have been locked in a political disp...
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Anti-China protests gain momentum in Argentina
21Nov By Mike TrudellNo Comments
China, Market, USA, World

Anti-China protests gain momentum in Argentina

Between 2005 and 2019, Argentina has received maximum investment from China amounting to US$30.6 billion, which is 39 per cent of the total Chinese investment in South America.At the heart of the new Chinese investments in Argentina, is the proposal to build 25 industrial pig farms in Argentina, which will significantly increase pork exports to China. The project involving investment of US$3.8 billion, is expected to generate annual production of 900,000 tons amounting to US$2.5 million in annual exports.As per media reports, the pig farms will be set up with Chinese investment in partnership with local producers in Argentina, which currently has 10 industrial pig farms exclusively for export to China. In addition, 25 new farms are due to start operation in the next six years, which will e...
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Billionaire Jack Ma pays a hefty price for offending the Chinese regime
20Nov By Joe RodriguezNo Comments
Asia, China, World

Billionaire Jack Ma pays a hefty price for offending the Chinese regime

The year 2020 could have been the best year for Jack Ma, the billionaire founder of fintech giant Ant Group Co. Ltd. But now, he is paying an extremely high price for challenging the Chinese Communist Party.The state has pulled the plug on the ANT group, which could have been the biggest Fintech Company in the world. The initial public offering of Ant Group, the internet finance giant, was ready with its $34 billion stock debut in Shanghai and Hong Kong.This would have been the biggest IPO, or first sale of stock in the world - greater than the listing of Saudi Aramco, the state-run oil giant, when it went public last year. But the initiative received a huge blow from the Chinese authorities as the government suspended the public listing of the company abruptly.This caused a severe setback...
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Delhi Court rejects bail plea of Chinese national arrested under Official Secrets Act
17Nov By Joe RodriguezNo Comments
Asia, China, Market

Delhi Court rejects bail plea of Chinese national arrested under Official Secrets Act

A bail petition by Miss Qing Shi, a Chinese National arrested in India by special cell of Delhi Police under the Official Secrets Act has been rejected by a Delhi Court.She was arrested along with freelance Journalist Rajeev Sharma and one other accused in September.While rejecting the bail, Chief Metropolitan Magistrate Pawan Singh Rajawat said that “no ground is made out to grant bail to Qing Shi at this stage.”The court noted that, if accused Wing Shi is released on bail, she will not only try to flee from the country through land routes but may also attempt to indulge in similar offences.The court also observed, “Furthermore, the other material which was recovered coupled with the preliminary electronic evidence collected by the investigating agency points towards involvement of accuse...
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