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CHINA


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  • 2 weeks later...

China Crackdown Rocks Investors: ‘Everybody’s in the Crosshairs’

https://www.bloomberg.com/news/articles/2021-07-26/china-crackdown-rocks-investors-everybody-s-in-the-crosshairs

Beijing’s clampdown on the booming private education industry has shocked even some of the most seasoned China watchers, prompting a rethink of how far Xi Jinping’s Communist Party is willing to go as it tightens its grip on the world’s second-largest economy.

The crash in tutoring stocks that began on Friday spread this week across the tech sector and beyond, after authorities confirmed reports they would ban a swathe of the education industry from making profits. It’s the government’s most extreme step yet to rein in private businesses that regulators blame for exacerbating inequality, increasing financial risk and -- in the case of some tech titans –- challenging Beijing’s authority.

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  • 3 weeks later...

China furious US beat them in medals — they fudge numbers, spread false info

China alters medal count to include Hong Kong, Taiwan to unofficially claim gold medal dominance over US

Under the IOC rules Hong Kong and Taiwan, referred to as Chinese Taipei, compete independently as National Olympic Committees

 

But we can trust them with Covid reporting

 

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On 8/14/2021 at 4:41 PM, Redondo said:

China furious US beat them in medals — they fudge numbers, spread false info

China alters medal count to include Hong Kong, Taiwan to unofficially claim gold medal dominance over US

Under the IOC rules Hong Kong and Taiwan, referred to as Chinese Taipei, compete independently as National Olympic Committees

 

But we can trust them with Covid reporting

 

Good guy China, once again being unfairly attacked by @fan_since79.

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48 minutes ago, Lhalo said:

If I were China I’d think now is a good time to take Taiwan. We’re too busy getting bent over in Afghanistan to defend that place right now. 

Yes we wouldn’t stop them. We are actually in a pretty bad spot to stop China or Russian aggression. We went a bit overboard on urban warfare and are not prepared for conventional warfare. Doesn’t help our military leaders are woke liberals that are ill prepared for a legitimate foe. 

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  • 4 weeks later...

US Navy blasts China over 'false' claim about destroyer in South China Sea

The US Navy’s 7th Fleet said in a statement Wednesday that the destroyer USS Benfold asserted its navigational rights in the South China Sea and called China’s earlier claim about the voyage "false."

"USS Benfold conducted this FONOP in accordance with international law and then continued on to conduct normal operations in international waters," the Navy’s statement read.

The Navy did not specify the precise statement it was refuting. The Global Times, which has been described as a public voice for the Chinese Communist Party, claimed that the Benfold "trespassed into areas adjacent to the Meiji reef" until it was "warned off" by Chinese naval and aerial forces.

"More and more facts have proved that the US is the biggest risk and peace breaker for the stability and peace in the region," Tian Junli, a senior colonel for the Chinese Air Force, told the paper.

The 7th Fleet said the statement is the latest from the country to "misrepresent lawful U.S. maritime operations and assert its excessive and illegitimate maritime claims at the expense of its Southeast Asian neighbors in the South China Sea."

The statement said the Benfold "demonstrated that Mischief Reef, a low-tide elevation in its natural state, is not entitled to a territorial sea under international law."

"The land reclamation efforts, installations, and structures built on Mischief Reef do not change this characterization under international law. By engaging in normal operations within 12 nautical miles of Mischief Reef, the United States demonstrated that vessels may lawfully exercise high-seas freedoms in those areas," the statement read.

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  • 3 weeks later...

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