WHO needs now to publish the source of Mr Kedros’ allegations. Who in Taiwan, what did they say, were the Taiwan authorities involved? Without supporting evidence, these allegations are worthless.
I think I prefer this uncropped version on balance because it puts into context the magnitude of what “tank man” did. A stunning act of bravery or, quite possibly, he was so angry he didn’t care for his personal safety.
"There is enough empty property in China to house over 90m people. Thus, countries such as France, Germany, Italy, the UK and Canada could fit their entire populations into those empty Chinese apartments with room to spare." FT Big Read.
China's challenge to the US-led world order in one quote, from FT Big Read on BRI. "That’s the difference,” he added. “They [the Americans] were security-centric, military-oriented. The Chinese are economic centric, development-oriented.”
China dresses this up as a threat but many in the UK will cheer. Why on earth would the U.K. want it’s critical infrastructure built by a country that constantly uses commercial leverage to threaten?
Xi's visit to Moscow showed more clearly than ever that China's prime aim is to counter the US-led west. The Ukraine war is subsidiary to this objective in Beijing's eyes. Beijing-Moscow is a new axis of authoritarianism.
Important shift: China is ramping up wealth redistribution. It will target high income groups and people with “unreasonable income”. Strap in for the ride.
Pony Ma left out of NPC. Says more than 1,000 CCP promises on how private enterprises continue to be valued. Truth is they are valued till they start to amass any power.
Liz Truss is going to Taiwan. "Taiwan is a beacon of freedom and democracy. I'm looking forward to showing solidarity with the Taiwanese people in person in the face of increasingly aggressive behaviour and rhetoric from the regime in Beijing."
There is "no tech scene" in China. Unbelievable ignorance. And kind of shocking too that the CNBC anchor let it pass. In several aspects of tech, China is now ahead of the US.
“There is no tech scene in China and Russia … there are no software companies."
It’s really shocking the level of reality distortion from the CEO of a leading U.S. defensetech company. Have noticed this type of attitude is fairly common in SV.
FT scoop: "Princeling" son of Liu He, China's finance czar, was rain-maker behind Skycus Capital - an investor in some of China's biggest tech companies.
Some personal news - got my work visa in Hong Kong yesterday, so I’m legal! Great to be back in the region. Working on tech, investment and US-China mainly these days. Please get in touch!
Important point here. CCP, as ever, is camouflaging its true convictions for a foreign audience but make no mistake: the Chinese means “split their heads and make their blood flow”....the roar from the crowd tells you all you need to know about levels of anti-foreign nationalism.
This line sums up China's grave dilemma over Ukraine, by
@gideonrachman
"Xi’s decision to embrace Putin now looks likes a miscalculation. It is hard to play the long game if you tie yourself to a reckless gambler."
Laurent Fabius, president of France’s Constitutional Council & ex FM, told Wang Yi he “regretted” unilateral annulment of Paris climate accord & Iran nuclear deal. He put China on par w/ EU & France as “guarantor of the international multilateral order”, acc to Chinese govt.
#China
's retreat from the "Belt and Road" marks more than a pull back from the "project of the century". It reveals a step change in the country's relationship to the outside world.
@Jonthn_Wheatley
China’s $240bn bailout bill to prevent defaults among “Belt and Road” countries just keeps growing. Btw - this is not altruism but self-preservation. My piece here.
Chinese poem written more than 1,000 years ago about events that took place more than 2,000 years ago wipes 9.8% off share price of Chinese food delivery company on Monday. Long arm of Chinese history.
#China
's overseas lending falls off a cliff as a multitude of problems with the Belt and Road Initiative pile up and other factors also take their toll
@Jonthn_Wheatley
Excellent data by
@KevinPGallagher
A wonderful, touching piece here about Liu Chaowei, the FT bureau's longstanding driver in Beijing - who is retiring. Kudos to the excellent
@YuanfenYang
for telling this so beautifully.
It needs to be an independent probe. WHO is compromised because of its funding from China and its track record during the early stages of the outbreak. An in-house whitewash will further damage WHO's sullied reputation.
Brilliant analysis by
@gideonrachman
"The idea of an economic severance of China from the west, once unthinkable, is beginning to look more plausible."
Great FT scoop: Jack Ma's private jet log shows him continuing to travel all over China, dispelling rumours that he fled
#China
or is under house arrest.
It is an award that meant something not only to Hong Kong but journalists across Asia who covered some of the most consequential developments in the region last year -- from the Taliban's return to power in Afghanistan to the continued plight of the Uyghurs to, yes, Hong Kong
This is now becoming the touchstone issue for China and its place in the global community, if such a thing can said to exist. Most surprising, though, is that so few countries dare to make public comments, including Islamic countries.
Exclusive
@FT
interview with Ren Zhengfei, founder of
@Huawei
in which he stresses self-reliance - cutting back on using US technology - in response to being "riddled with bullets" by US.
@YuanfenYang
@suelinwong
This, for friends in Europe and US, is vitally important. Now is the time to take universal precautions, not in two weeks time when the number of cases has risen. Masks and hand sanitizer everywhere, mandatory on public transport and at work.
Apple is seeking to deepen its supply chain in China, even as the US urges decoupling. Scoop from Tech Scroll Asia this week.
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Chinese company pledges to donate $1.5bn to charity. Shares jump 22%. More proof that politics, not the bottom line, is the bigger driver of capital markets returns.
As the China-UK bilateral relationship faces renewed tensions over HK and Huawei issues, Beijing will likely seek to compartmentalize rising tensions with London by striking back in areas where the UK steps out of line, Chinese analysts.
Most reactions to a piece I wrote with Sun Yu on China's formidable "techno-authoritarian" state are that it will fail or create dystopia. Personally, I think it has a high chance of sustaining CCP rule.
More than 75% of the foreign money that flowed into China’s stock market in the first seven months of the year has left, with global investors dumping more than $25bn worth of shares. Another fine piece by
@KangHexin
#China
's digital RMB will give Beijing the power to monitor all transactions at an individual level in real time. But will other countries want to use something that gives the CCP such an extraordinary surveillance reach?
Deranged. The CPC, which the US is battling, is not synonymous with “Chinese civilisation”. And the CPC is opposed by many non-US actors both inside and outside China. Washington needs to get a grip of what it is opposing, why and how.
@PMCroninHudson
Nothing to say this is PLA (looks like police), not clear it is in Shenzhen, don’t know when it was shot - and we can’t tell what they may be preparing for, if anything. Let’s be disciplined, particularly at times like this.
A "Big Read" that we've been working on for several months, particularly in the China-Russia angles, is published here. But what are the chances of a genuine diplomatic and economic reset for China?
The evidence of Taiwan, Hong Kong, Singapore and South Korea - the best in class responders to this pandemic - show that wearing a mask sharply reduces transmission.
#WHO
somehow doesn’t get it.
This is definitely several notches more strident than before. It could be that China is limbering up for a fight. I bet sales of US products in China will be hit.
At risk of being annoyingly pious here - but this is the big story of our time, not Trump, or Brexit or US-China trade wars. It IS happening and it could be catastrophic for us all.
Research out yesterday shows “a stunning 95% decline in the oldest, thickest ice” — “the glue that holds the Arctic together” — in three decades. The great thinning of the cryosphere hastens its pace.
How will the WHO deal with this? It advised against ANY travel restrictions with China when the epidemic was raging in Wuhan, this helping to spread the virus around the world. Now China is shutting its doors to all non-Chinese.
Beijing is treading a very fine linguistic line but it is getting clearer and clearer that China wishes to limit its "friendship" with Russia. My piece here.
- Why did the Chinese government target big tech?
- How have US sanctions accelerated China's semiconductor development?
- Where should the UK's strategic priorities lie in tech?
🎙️
@ruima
,
@China_Digital
and
@J_B_C16
discuss China's tech landscape.
Asked what he plans to do as a next step on the Hong Kong national security law issue, EU's foreign policy chief
@JosepBorrellF
conceded "there is nothing on the agenda" apart from reaching out to Beijing. "We will continue trying to put pressure on the China authorities."
EU agrees to the China Daily's censorship of an Op-Ed written by its Ambassador to Beijing....and then says it supports freedom of expression. It can be one or the other but not both.
“The EU delegation decided nevertheless to proceed with the publication of the oped with considerable reluctance” (and on behalf of the 27 other Ambassadors!)
Excellent Panorama, published on youtube now, on China's Covid-19 cover up
@BBCCarrie
. The immense courage of Chinese whistleblowers and citizen journalists really comes across.
“Ms. Meng receives regular private painting lessons and massages. She has gone on private shopping sprees at stores. She spent Christmas Day at a restaurant that opened just for her, her husband, her two children and 10 other guests.”
@DrTedros
@WHO
@g20org
@KingSalman
How do you react to China closing its borders to non-Chinese? do you recall WHO failing to issue ANY international travel restrictions with China when the virus was raging in Wuhan?
Key point: it looks like
#China
's development banks - CDB and ExIm - may lend according to "international standards", holding open tenders, doing environmental impact studies etc. This is potentially a very significant shift.
#China
is ramping up the intensity of a largely secret programme to foster self-reliance in chip making. Another brilliant exclusive by
@ChengTingFang
and
@Lauly_Th_Li
leading the
#techAsia
newsletter this week.
This video, though not new, is representative of China’s thinking on what to do with Hong Kong and what Beijing’s security state thinks of Hongkongers.
Is this intended to stir up another hornets nest in US-China relations? Or is it sincere? Lecturing Americans on the meaning of democracy doesn’t seem an obvious way to launch a charm campaign.
Chinese Ambassador to the U.S. Qin Gang said a fundamental misunderstanding and misjudgment about China by some Americans is to define China-U.S. relations as a battle between democracy vs. authoritarianism.
#China
#US
#CGTNAmerica
UK PM
#TheresaMay
refused to sign MOU endorsing China's
#BeltandRoad
Initiative in spite of strenuous behind the scenes wrangling by Beijing. Keeps UK in line with EU, Germany, France and the US. US in particular is increasingly wary of BRI.
Just putting this quote up here on Asia's fintech industry from an FT feature by
@mjruehl
and I. “This is a revolution for the whole world. Asia is 12 years ahead of the rest of the world."
The FT's special report on Nigeria is out. Such an important country with a booming start-up scene that is harnessing digitisation to energise key sectors. With many thanks to
@lolashoneyin
@suleimana
@BJRewane
@kola_aina
Combating the type of shameful racism seen in England after their Euros defeat requires that all social media, not just Twitter, switch to real name accounts that are traceable to phone numbers and addresses. Legal punishments are needed.
Actually the opposite is true. Hong Kong realised that the WHO was reckless in advising countries to keep their borders open to people from China. They did the opposite, effectively closing their borders to the mainland.