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China relied on extrajudicial means to force thousands of fugitives to repatriate, human rights activists say - ICIJ
icij.org/investigations/china-cables/china-relied-on-extrajudicial-means-to-force-thousands-of-fugitives-to-repatriate-human-rights-activists-say/
Quick Glance: China's Illegal Tactics for Repatriating Fugitives
- Over the past decade, China has forcibly repatriated more than 12,000 fugitives to combat corruption, according to a human rights group report.
- Under Xi Jinping's government, China heavily relied on extrajudicial methods like kidnappings, harassment, and intimidation to 'persuade' and coerce Chinese nationals in over 120 countries to return.
- 'Fox Hunt' and 'Sky Net' operations aim at repressing Chinese nationals abroad, including activists, journalists, and religious minorities.
- The Chinese government uses persuasion methods to compel suspects to return, bypassing host countries' legal systems, leading to international resistance.
Hong Kong Bankers Face More Job Cuts on China Slowdown, High Pay: Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists ...
bloomberg.com/news/articles/2024-04-22/hong-kong-bankers-face-more-job-cuts-on-china-slowdown-high-pay
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A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
apnews.com/article/hong-kong-plastics-ban-pollution-c54df7478e84166fc7f3f69c85bfeab4
Quick Glance: Hong Kong Implements Ban on Single-Use Plastics to Combat Pollution
- New legislation prohibits Styrofoam products and single-use plastic cutlery in Hong Kong
- Single-use cutlery like forks, spoons, straws, and plates can no longer be sold or distributed
- Many restaurants have already started implementing the new measures
- The goal is to curb the throwaway culture and promote reusables to protect the environment
More than 1 in 5 cars sold on Earth this year will be electric: 17 million electric vehicles will be sold in 2024, according to the International Energy Agency
qz.com/ev-electric-car-global-sales-growth-iea-report-1851434801
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
- Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).
- The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.
- The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
China’s $700 Billion Offshore Bond Market Put to Test: A Beijing court case may have far reaching implications for international creditors in the country
bloomberg.com/news/newsletters/2024-04-23/china-s-700-billion-offshore-bond-market-put-to-test
US investigates China's access to RISC-V — open standard instruction set may become new site of US-China chip war
tomshardware.com/tech-industry/us-investigates-chinas-access-to-risc-v-open-source-instruction-set-may-become-new-site-of-us-china-chip-war
China tea chain ChaPanda sinks in Hong Kong IPO as market sours: HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda ...
asia.nikkei.com/Business/Markets/IPO/China-tea-chain-ChaPanda-sinks-in-Hong-Kong-IPO-as-market-sours
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Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
- Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.
- The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
TikTok raises free speech concerns on bill passed by US House that may ban app: TikTok on Sunday repeated its free-speech concerns about a bill passed by the ...
reuters.com/technology/tiktok-raises-free-speech-concerns-bill-passed-by-us-house-that-may-ban-app-2024-04-21/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Lai Sun Weighs Stake Sale in London Office Skyscraper Project: Hong Kong developer Lai Sun Development Co. is considering options for a planned office tower in ...
bloomberg.com/news/articles/2024-04-23/lai-sun-weighs-stake-sale-in-london-office-skyscraper-project
China’s Growing Ranks of Bubble Tea Billionaires: Sellers of the hugely popular drink are rushing to cash in, but increasing competition threatens to spoil the ...
bloomberg.com/news/articles/2024-04-21/china-s-growing-ranks-of-bubble-tea-billionaires
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Quick Glance: China's Bubble Tea Billionaires
- The passion for bubble tea has produced at least a half-dozen billionaires in China in recent years, known for the sweet drink with sticky tapioca pearls.
- On April 23, Sichuan Baicha Baidao Industrial Co., China's third-largest bubble tea chain, is set to begin trading and raise over $300 million in the largest Hong Kong listing since November.
- The founders of the company, Wang Xiaokun and Liu Weihong, could have a combined net worth of $2.7 billion based on their 73% stake after the initial public offering, according to the Bloomberg Billionaires Index.
- The growing popularity of bubble tea also has the potential to create additional fortunes and is a phenomenon particularly beloved by Millennials and Gen Zers.
Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...
bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks
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US government reportedly ponders crimping China's use of RISC-V: Permissive licenses may be about to collide with geopolitics
theregister.com/2024/04/24/us_commerce_china_risc_v_investigation/
Quick Glance: US Government Considers Restricting China's Use of RISC-V
- The US Department of Commerce is reportedly considering lawmakers' calls to make it harder for China to use the RISC-V instruction set architecture (ISA).
- RISC-V is permissively licensed, allowing developers to access the ISA for free and create proprietary or open source implementations for various applications.
- The Commerce Department is now reportedly examining RISC-V to review potential risks and assess appropriate actions that could address concerns effectively.
- China is already embracing RISC-V, with local chip design firms utilizing the ISA to develop desktop PC chips for Chinese schools and a server-grade processor for Alibaba Cloud.
US appeals court split over Florida ban on Chinese citizens owning property: A U.S. appeals court on Friday appeared divided over whether to block a Florida law ...
reuters.com/legal/government/us-appeals-court-split-over-florida-ban-chinese-citizens-owning-property-2024-04-19/
Quick Glance: Patti Smith Applauds Taylor Swift in 'Tortured Poets Department'
- Taylor Swift mentions Patti Smith in her new album 'The Tortured Poets Department'.
- Smith responded positively by posting photos of herself with a book by Dylan Thomas.
- Despite seeming different, Smith expressed understanding for Swift and praised her for potentially influencing fans positively.
- HuffPost calls for support for high-quality journalism that is freely accessible to all.
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reuters.com/world/china/china-acquired-recently-banned-nvidia-chips-super-micro-dell-servers-tenders-2024-04-23/
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
WhatsApp, Threads, more banished from Apple App Store in China: Still available in Hong Kong and Macau, for now
theregister.com/2024/04/19/whatsapp_threads_ban_china/
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Hong Kong bourse operator's Q1 profit drops on weaker listings, trading
reuters.com/business/finance/hong-kong-bourse-operators-q1-profit-down-13-weaker-listings-trading-2024-04-24/
China Developers Slash Prices by 40% at Luxury Hong Kong Apartment Project: Distressed Chinese developers trying to sell luxury apartments at a new complex in ...
trib.al/NfyDnEg
Quick Glance: Significant Reduction in Luxury Apartments in Hong Kong
- Luxury apartments in Hong Kong are being reduced by almost half in price.
- Developers have only managed to sell five out of 295 apartments.
- Buyers are allowed up to 180 days for downpayments.
- Developers are in restructuring discussions due to credit issues.
No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
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The Delusion of Peak China: America Can't Wish Away Its Toughest Challenger: America can't wish away its toughest challenger.
foreignaffairs.com/china/delusion-peak-china-united-states-evan-medeiros
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As Blinken Heads to China, What’s on the Agenda?: China’s support for Russia will be a primary topic, along with war in the Middle East and tensions over Taiwan ...
thediplomat.com/2024/04/as-blinken-heads-to-china-whats-on-the-agenda/
Quick Glance: Blinken Discusses Key Issues with China
- USA and China discuss global conflicts and tensions in Shanghai and Beijing.
- Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.
- Calls for China to exert influence on Iran and maintain stability in the region.
- Disputes over human rights, synthetic opioids, and illegal activities.
China Plays Long Diplomatic Game in Iran-Israel Feud as Middle East Simmers: Hi, I'm Ben Holland in Hong Kong, where my 15 years of experience covering the ...
bloomberg.com/news/newsletters/2024-04-19/china-plays-long-diplomatic-game-in-iran-israel-feud-as-middle-east-simmers
InnovationRx: Legislation Could Prevent Pharma Companies From Working With Chinese Contractors
forbes.com/sites/katiejennings/2024/04/17/innovationrx-legislation-could-prevent-pharma-companies-from-working-with-chinese-contractors/
China's ambassador to Canada leaves his post: Chinese ambassador to Canada, Cong Peiwu, who has served since 2019, has left his post and returned to China ...
reuters.com/world/americas/chinas-ambassador-canada-leaves-his-post-2024-04-21/
Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
India tells spice makers to give details of quality checks after Hong Kong allegations, source says
reut.rs/3w393JI
Desmond Shum on how Xi Jinping beat down China’s red aristocrats: It took one of their own to do it, says the businessman and author
economist.com/by-invitation/2024/04/22/desmond-shum-on-how-xi-jinping-beat-down-chinas-red-aristocrats
Tiffany Cheung, Hong Kong YouTuber who shared journey fighting cancer, dies at 32
scmp.com/news/hong-kong/society/article/3259937/tiffany-cheung-hong-kong-youtuber-who-shared-journey-fighting-cancer-dies-32
Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-IPO-flop-as-AI-player-Mobvoi-disappoints
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CVC Capital IPO Price Range Set for €1.6 Billion Amsterdam Listing: CVC Capital Partners and some of its investors are seeking to raise €1.6 billion ($1 ...
bloomberg.com/news/articles/2024-04-22/buyout-firm-cvc-sets-price-range-for-1-6-billion-amsterdam-ipo
Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub Ambition: Hong Kong is set to follow in the footsteps of the US by listing a batch of ...
bloomberg.com/news/articles/2024-04-23/hong-kong-bitcoin-btc-ether-eth-etf-launches-to-test-crypto-hub-ambition
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China's Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/
Hong Kong, China and a footballing dilemma: Hong Kong, China and a footballing dilemma
bbc.com/sport/football/articles/c9ezpy0ryk0o
Russia Hosts China, Iran Security Chiefs to Discuss Cooperation: Russia’s Security Council Secretary Nikolai Patrushev and China’s security chief Chen Wenqing ...
bloomberg.com/news/articles/2024-04-23/russia-hosts-china-iran-security-chiefs-to-discuss-cooperation
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Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head: Chinese brokerage Haitong Securities removed Lin Yong from chief executive of ...
reuters.com/business/finance/brokerage-haitong-removes-long-term-hong-kong-unit-chief-lin-appoints-new-head-2024-04-24/
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...
reuters.com/business/autos-transportation/chinese-ev-battery-maker-catl-unveils-lfp-battery-with-1000-km-range-2024-04-25/
China should have confidence to talk to us, Taiwan's president-elect says: China should have the confidence to talk to Taiwan's legally elected government ...
reuters.com/world/asia-pacific/taiwans-president-elect-appoints-new-team-says-islands-security-difficult-2024-04-25/
3 African runners 'allowed Chinese athlete to finish first': China revokes win for He Jie after investigation into half marathon
asiaone.com/china/3-african-runners-allowed-chinese-athlete-finish-first-china-revokes-win-he-jie-after
Quick Glance: Scandal at Beijing Half Marathon: 4 Runners Disqualified
- Following an unusual finish at the Beijing Half Marathon, the top finishers were disqualified as three runners from Africa seemingly made way for a Chinese competitor to win.
- The finish line incident caused a commotion, prompting questions about why the three other runners appeared to yield the victory to He.
- Subsequent to the investigation, all four runners were disqualified for the pacemakers deliberately slowing down in the final two kilometers of the race, aiding He's victory.
- Confirmation was provided by the organizers that although Xtep invited Mnangat, Keter, and Hailu as pacemakers, they were mistakenly registered as ordinary competitors.
Heavy Rains and a Water Spout Hit Southern China: Bad weather in Guangdong Province forced evacuations as forecasters warned of more rain and potential flooding.
nytimes.com/2024/04/21/world/asia/china-rain-hong-kong-waterspout.html
China’s ‘red circle’ law firms rush to tap other markets: Mainland’s biggest firms opening offices in Asia, US and Africa as they seek to challenge international ...
ft.com/content/71a677a9-d45b-490b-a4cf-764ebb2f69af
Quick Glance: China’s ‘Red Circle’ Law Firms Expanding Internationally
- China’s top 'red circle' law firms are aggressively expanding their international presence and working at lower fees than western competitors.
- Several Chinese firms have opened offices in Asia and the US since early 2023, while international rivals retreat from the Chinese market.
- This expansion signals Chinese firms' aspiration to capture international clients and move into China-friendly nations.
- Although Chinese firms still lag behind western rivals, China's growing global presence is opening doors to international markets and fostering potential for future growth.
UK tells Hong Kong citizens in Britain: 'You are safe here': Britain on Monday sought to reassure its community of Hong Kong citizens that they were safe from ...
reuters.com/world/uk/uk-seeks-reassure-hong-kong-citizens-britain-you-are-safe-here-2024-04-15/
China's US envoy urges cooperation, cites 'severe' challenges: China's ambassador to the United States urged the two superpowers to cooperate on improving ...
reuters.com/world/chinas-us-envoy-urges-cooperation-cites-severe-challenges-2024-04-21/
India tells spice makers to verify quality after Hong Kong allegations: India's spice exports regulator has asked MDH and Everest to provide details of quality ...
reuters.com/world/india/indias-everest-says-its-food-products-are-safe-after-hong-kong-halts-sale-2024-04-23/
Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
reuters.com/breakingviews/beijing-powers-up-into-car-wars-battleground-2024-04-24/
Farewell, Tin-yu: Family, friends bid goodbye to Hong Kong girl who died after 4 years in vegetative state
scmp.com/news/hong-kong/society/article/3259764/farewell-tin-yu-family-friends-bid-farewell-hong-kong-girl-who-died-after-4-years-vegetative-state
Hong Kong Used Home Prices See Biggest Plunge in Eight Months: Hong Kong’s secondhand home prices dropped the most in eight months as property developers lured ...
bloomberg.com/news/articles/2024-04-12/hong-kong-used-home-prices-see-biggest-plunge-in-eight-months
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China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
XPeng CEO says its software, AI upgrades to enter 'super fast cycle': Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial ...
reuters.com/business/autos-transportation/xpeng-ceo-says-its-software-ai-upgrades-enter-super-fast-cycle-2024-04-25/
China’s capital markets activity falls to multi-decade lows: Mainland equity issuance is the worst on record this year in a sign of low investor confidence
ft.com/content/9ce26256-0304-42a8-9f78-5c203d02d95c
Indian brands MDH, Everest spices banned in Hong Kong, Singapore; here's why - News | Khaleej Times
khaleejtimes.com/world/indian-brands-mdh-everest-spices-banned-in-hong-kong-singapore-heres-why
Quick Glance: FSSAI Testing Spice Samples After Hong Kong, Singapore Product Recalls
- Following the discovery of ethylene oxide in products from Everest and MDH in Hong Kong and Singapore, the Food Safety and Standards Authority of India has initiated the collection of samples of powdered spices from all brands across the country to assess their quality.
- An unidentified official mentioned that India's food safety regulator has commenced sampling spices from all brands, including MDH and Everest, to ensure compliance with quality standards.
- The official also highlighted that India's Food Safety and Standards Authority, operating under the Ministry of Health and Family Welfare, does not monitor the quality of spices exported from the country.
- According to Maharashtra Food Assistant Commissioner Ulhas Ingwale, the authority received reports of pesticide residue in specific flavors of MDH and Everest, prompting considerations for sampling and pesticide testing.
Hong Kong's audit watchdog to investigate PwC audit role in Evergrande: Hong Kong's audit watchdog Accounting and Financial Reporting Council (AFRC) said on ...
reuters.com/world/china/hong-kongs-audit-watchdog-investigate-pwc-audit-role-evergrande-2024-04-19/
TikTok vows to fight 'unconstitutional' US ban: TikTok says it will challenge in court a law that could result in it being sold or banned in the United States.
rnz.co.nz/news/world/515160/tiktok-vows-to-fight-unconstitutional-us-ban
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...
reuters.com/business/autos-transportation/mercedes-benz-shows-off-electric-line-up-beijing-autoshow-not-giving-up-2024-04-25/
Senate passes bill to force ByteDance to sell TikTok or face a US ban of the app: Congress took a decisive step on Tuesday to force
scmp.com/news/china/article/3260118/senate-passes-bill-force-bytedance-sell-tiktok-or-face-us-ban-app
Quick Glance: Potential Buyers for TikTok Revealed
- The clock is ticking for TikTok to find a new owner. President Joe Biden signed a law that could ban TikTok in the US unless ByteDance sells the app. Possible buyers range from tech companies to retailers and investment bankers.
- Established tech giants like Meta or Google are unlikely buyers due to antitrust hurdles. Large companies with deep pockets face regulatory skepticism, although they could have the resources to purchase TikTok.
- Microsoft, which has shown interest in TikTok in the past, may have another opportunity after successfully navigating antitrust scrutiny with the Activision Blizzard deal. Oracle and former US government officials like Steven Mnuchin are also potential buyers.
- Mnuchin has announced assembling a team of investors to acquire TikTok. His offer, however, might exclude TikTok's algorithm, sparking controversial discussions. Other potential buyers like Kevin O'Leary are also considering acquiring TikTok, with O'Leary suggesting an initial bid between $20 and $30 billion.
Chinese gamers can't RMA their RTX 4090s due to US sanctions — users are being very careful with how they treat their top-tier GPUs
tomshardware.com/pc-components/gpus/chinese-gamers-cant-rma-their-rtx-4090s-due-to-us-sanctions-users-are-being-very-careful-with-how-they-treat-their-top-tier-gpus
Hong Kong gives initial approval to first bitcoin, ether spot ETFs, say funds: Hong Kong conditionally approved its first spot bitcoin and ether exchange traded ...
reuters.com/markets/currencies/hong-kong-gives-initial-approval-first-bitcoin-ether-spot-etfs-say-funds-2024-04-15/
Chinese warn of Taiwan crisis from US military aid: Beijing has expressed strong dissatisfaction and firm opposition after the United States passed a bill that ...
asiatimes.com/2024/04/chinese-warn-of-taiwan-crisis-from-us-military-aid/
Souring China dreams force Western financial firms to cut costs: Just a few years ago, lucrative business prospects in China on the back of a booming economy led ...
reuters.com/world/china/souring-china-dreams-force-western-financial-firms-cut-costs-2024-04-22/
What to do about the EU’s relative decline: The European Union will be marginalised if it continues to shrink compared to other parts of the world ...
reuters.com/breakingviews/what-do-about-eus-relative-decline-2024-04-22/
Quick Glance: Addressing the EU's Relative Decline
- The EU faces marginalization if it continues to shrink compared to other parts of the world.
- There are two ways to look at the EU's relative decline: living standards and power.
- The EU is dealing with different threats from aggressive Russia, China, and the United States.
- To tackle the challenges, the EU needs to strengthen its single market, invest in key industries, and focus on future technologies.
FBI director rejects Trump's vow to investigate political rivals: In an interview with NBC News, Christopher Wray said that, as long as he is FBI director ...
nbcnews.com/politics/national-security/fbi-director-rejects-trumps-vow-investigate-political-rivals-rcna149056
House panel says China subsidizes fentanyl production to fuel crisis in the U.S.: A report released Tuesday by a House select committee says China is directly ...
pbs.org/newshour/politics/house-panel-says-china-subsidizes-fentanyl-production-to-fuel-crisis-in-the-u-s
Quick Glance: China's Subsidization of Fentanyl Production Intensifying Crisis in the U.S.
- A report from a special House committee states that China is fueling the Fentanyl crisis in the U.S. directly by subsidizing the manufacturing of materials used by traffickers outside the country to produce the drug.
- The committee found that the Chinese government provides tax rebates for the production of specific Fentanyl precursors and other synthetic drugs as long as they are sold outside of China.
- The report highlights that China not only subsidizes the manufacturing of precursor chemicals but also thwarts investigations into illegal manufacturers by warning the targets when formal requests for assistance are made by U.S. law enforcement.
- Former Attorney General William Barr recommended that the U.S. should leverage its trade and economic power to push for stronger enforcement from Chinese authorities, and victims should take civil actions against companies and individuals involved in distributing the precursors and synthetic drugs.
Chinese quant funds expand abroad as rules tighten at home: China's data-driven quant trading funds are briskly expanding overseas as competition heats up at ...
reuters.com/world/china/chinese-quant-funds-expand-abroad-rules-tighten-home-2024-04-22/
Hong Kong Taxes: City Considers Changing Rules to Lure Private Credit Business: Hong Kong’s government is considering new tax rules that would give more ...
bloomberg.com/news/articles/2024-04-10/hong-kong-taxes-city-considers-changing-rules-to-lure-private-credit-business
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Blinken calls for US, China to manage differences on charm offensive: SHANGHAI: US Secretary of State Antony Blinken called on Thursday (Apr 25) on the United ...
channelnewsasia.com/world/china-us-blinken-charm-offensive-manage-differences-4290771
Quick Glance: China warns US to Choose Cooperation or Confrontation with Antony Blinken
- Blinken expected to demand Beijing cease support for Russia
- Tensions rise over accusations of China aiding Russia in Ukraine
- US accused of hindering Chinese industrial growth through export controls
- US and China seek to stabilize relations before US election campaign
China says Hong Kong must 'tightly hold' national security line to safeguard development
reut.rs/3Q3hs6N
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
channelnewsasia.com/business/morgan-stanley-hsbc-china-cutting-dozens-asia-investment-banking-jobs-layoffs-4271861
Airfare of the Day -First Class- EMIRATES Bangkok to Hong Kong from $886: Today’s Airfare of the Day goes to Emirates and their first class excursion fares valid ...
loyaltylobby.com/2024/04/21/airfare-of-the-day-first-class-emirates-bangkok-to-hong-kong-from-886/
Hong Kong crypto hub takes shape with approvals, hiring: HONG KONG -- The evolution of Hong Kong into a hub for cryptocurrency trading is gathering pace ...
asia.nikkei.com/Spotlight/Cryptocurrencies/Hong-Kong-crypto-hub-takes-shape-with-approvals-hiring
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Hong Kong regulator set to launch new probe into PwC Evergrande audits: Apparent whistleblower report cites concerns over firm’s work for collapsed Chinese ...
ft.com/content/19d858ce-a34f-4add-bb67-a0fbd3efa24f
Hong Kong martial arts film icon Sammo Hung on his career, stars including Donnie Yen, Bruce Lee and Jackie Chan – and eating
scmp.com/magazines/post-magazine/long-reads/article/3258746/hong-kong-martial-arts-film-icon-sammo-hung-his-career-stars-including-donnie-yen-bruce-lee-and
Exclusive: UBS shuts some China private funds, will lay off staff, sources say: UBS is shutting down some of its China private funds business and will lay off ...
reuters.com/business/finance/ubs-shuts-some-china-private-funds-will-lay-off-staff-sources-say-2024-04-18/
Passing the national security supplemental is about preventing war with China : This national security supplemental is not just about Ukraine, Taiwan or any one ...
thehill.com/opinion/congress-blog/4605252-passing-the-national-security-supplemental-is-about-preventing-war-with-china/
UBS Upgrades China Stocks to Overweight, Cuts Taiwan and Korea: UBS Group AG raised its recommendation on a key Chinese stock index to overweight in a rare ...
bloomberg.com/news/articles/2024-04-23/ubs-upgrades-china-stocks-to-overweight-cuts-taiwan-and-korea-lvboqewq
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China to facilitate Hong Kong IPOs and expand Stock Connect: China will facilitate Hong Kong listings by leading Chinese companies and expand the Stock Connect ...
reuters.com/world/china/china-facilitate-hong-kong-ipos-expand-stock-connect-2024-04-19/
What it’s really like to live in Macao: While the rest of the world may associate Macao with gambling, its citizens don’t necessarily feel the same way.
cnn.com/travel/what-its-really-like-to-live-in-macao-intl-hnk/
Trading in China's SenseTime halted after shares pop 30% in Hong Kong: HONG KONG -- Trading in shares of SenseTime, the Chinese facial recognition giant ...
asia.nikkei.com/Business/Technology/Trading-in-China-s-SenseTime-halted-after-shares-pop-30-in-Hong-Kong
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