Saturday, December 15, 2018

Michael Spavor arrest shows perils faced by foreigners in Dandong, on China’s North Korean frontier

Michael Spavor arrest shows perils faced by foreigners in Dandong, on China’s North Korean...

Michael Spavor is the latest in a series of businessmen, aid workers and missionaries to run afoul of authorities in the tense border region By John Power 14 Dec 2018 Michael Spavor. Photo: AP Canadian entrepreneur Michael Spavor’s arrest this week in the northeastern Chinese city of Dandong shines a light on the precarious existence…
Beijing no longer requires local governments to work on ‘Made in China 2025’, but China’s hi-tech ambitions remain

Beijing no longer requires local governments to work on ‘Made in China 2025’, but...

China has stopped requiring local governments to work on the “Made in China 2025” strategy, the latest directive issued by the central Chinese government to local authorities showed, in a clear sign that Beijing is toning down a policy that has become a centrepiece of its rivalry with the US. However, China will continue to…
Beijing’s small businesses face uncertain short-term future due to tighter tax rules despite China’s government vowing to reduce overall burdens

Beijing’s small businesses face uncertain short-term future due to tighter tax rules despite China’s...

Small businesses in Beijing face an uncertain short term future when a tighter tax collection method comes into force next year, according to a corporate legal and tax consultant in the Chinese capital. From January 1, small privately-owned businesses will have to pay their business rates based on their actual accounts, rather than the current…
Former Canadian diplomat Michael Kovrig detained in China

Former Canadian diplomat Michael Kovrig detained in China

A former Canadian diplomat has been detained in China, two sources said on Tuesday, and his current employer, the International Crisis Group, said it was seeking his prompt and safe release. Michael Kovrig’s detention comes after police in Canada arrested the chief financial officer of China’s Huawei Technologies on December 1 at the request of…
Don’t ask why US acted against China’s Huawei. Ask: why now?

Don’t ask why US acted against China’s Huawei. Ask: why now?

The arrest of the telecoms giant’s CFO, Meng Wanzhou, is a rude shock to those who thought the economic cold war might be ending The US says Huawei has breached its restrictions on business with Iran – but could Meng also have breached UN sanctions? By Tom Holland 10 Dec 2018 Huawei CFO Meng Wanzhou…
US-China tension could become confrontation as pressure builds in South China Sea, Taiwan Strait

US-China tension could become confrontation as pressure builds in South China Sea, Taiwan Strait

The risk of confrontation between mainland China and the United States over Taiwan is likely to grow next year as the self-ruled island leans ever closer to Washington in a bid to counter Beijing’s rise, observers said. Speaking at a forum in Beijing, Chinese experts on military and diplomatic issues said they expected the South…
Meng Wanzhou arrest: what if China went after US executives?

Meng Wanzhou arrest: what if China went after US executives?

Isn’t it ironic: the US accuses China of undermining international norms, yet appears to be okay with arresting the Huawei executive without producing a shred of evidence beforehand and using her as leverage in trade war negotiations By Wang Xiangwei 8 Dec 2018 Meng Wanzhou, a top executive and daughter of the founder of Chinese…
Police bust US$145 million medical tourism scam in China

Police bust US$145 million medical tourism scam in China

Police have arrested 132 people across China over a medical tourism scam targeting wealthy Chinese that netted nearly 1 billion yuan (US$145 million), according to local media. Authorities on Thursday said they began investigating the case back in January, when a woman in Zhejiang province reported a beauty salon to police, saying she had been…
Hit by trade war, Tesla opens bid process to build China Gigafactory

Hit by trade war, Tesla opens bid process to build China Gigafactory

Tesla has opened a tender process to build its Shanghai Gigafactory and at least one contractor has started buying materials, according to sources and documents reviewed by Reuters, the clearest indication that construction is imminent. The details, previously unreported, reveal that state-owned Shanghai Construction Group is taking part in the bidding while a unit of…
Portugal signs agreement with China on Belt and Road Initiative

Portugal signs agreement with China on Belt and Road Initiative

Chinese President Xi Jinping pressed Portugal to formally join Beijing’s “Belt and Road Initiative” during his visit to Lisbon, as the southern European nation signed a memorandum of understanding with China on the massive infrastructure plan. The memorandum was signed on Wednesday after Xi held talks with Portugal’s Prime Minister Antonio Costa. On Tuesday, Xi…
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