China

2023 - 3 - 26

Honduras Honduras

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Image courtesy of "驻印度使馆"

Qin Gang: Standing up for the One-China Principle is a Correct ... (驻印度使馆)

Qin Gang said that he and Foreign Minister Reina just signed the Joint Communiqué on the Establishment of Diplomatic Relations Between the People's Republic of ...

Honduras stays committed to safeguarding national sovereignty and dignity, the principle of non-interference in internal affairs and the people’s right to self-determination, and the establishment of diplomatic relations with China is in line with the above principles. Honduras recognizes that there is but one China in the world, the Government of the People’s Republic of China is the sole legal Government representing the whole of China, and Taiwan is an inalienable part of China’s territory. The Government of the People’s Republic of China appreciates this position of the Government of the Republic of Honduras.

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Image courtesy of "Aljazeera.com"

China's rich flee crackdowns for 'Asia's Switzerland' Singapore (Aljazeera.com)

Chinese wealth is rushing into the Southeast Asian city-state, prompting unease among some locals. Skyline view of Singapore. Wealthy Chinese have in recent ...

“I know inflation has been bad everywhere the last few years, but when so many people with so much money settle here, it is bound to make it even worse for us.” Singapore’s core inflation rate of 5.5 percent in February ranked among the highest in Southeast Asia and more than double the rates experienced by other developed Asian economies like Hong Kong, Japan and Taiwan. Singapore imports more than 90 percent of its food, leaving the country vulnerable to external headwinds. For Chinese mainlanders in particular, Singapore is also both geographically and culturally close to home. Yang Jiang is a senior researcher at the Danish Institute for International Studies where she conducts research on the contemporary political economy of China. Since achieving independence in 1965, Singapore has been a poster child for stability. “I just hope that Singapore can be a place for all those that call the city home,” Chiu said, “and not just a place for the super-rich.” The arrival of more Chinese mainlanders in Singapore demonstrates that wealthy Chinese are not only looking to safeguard their assets but also their families, according to the wealth manager who spoke on condition of anonymity. “You also notice that there are a lot more Chinese in the cityscape compared to just a few years ago,” said the supervisor at the large international bank who spoke on condition of anonymity. “My clients have told me that in the current political climate in China is less tolerant towards affluent people compared to before, and therefore they wanted to get their assets out,” a supervisor at a large international bank with branches in Singapore, who spoke on condition of anonymity, told Al Jazeera. “Wealth has flooded into Singapore from China and Hong Kong in recent years,” a wealth manager at a Singaporean bank with a large number of Chinese clientele, who spoke on condition of anonymity, told Al Jazeera. Bao, who has joined a long list of influential businessmen to suddenly disappear in China, is just one of a growing number of wealthy Chinese businesspeople who have looked to Singapore — dubbed the “Switzerland of Asia” — to escape Beijing’s crackdowns on private industry and corruption.

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Image courtesy of "The Guardian"

Anger in Taiwan, boasting in China in wake of Honduras switch (The Guardian)

Honduras' decision to switch diplomatic ties from Taiwan to China has left Taiwan reeling, with accusations of “dollar diplomacy” being levelled at Beijing.

Beijing claims Taiwan as a province of China, and says it intends to annex it. It framed the switch around Honduras seeing through “Washington’s bullying diplomacy”. Nationalistic tabloid, the Global Times called the switch embarrassing for Tsai and “ironclad proof” that Taiwan independence is “a dead end”. Many of Taiwan’s allies receive financial assistance, or have access to Taiwan’s medical system or scholarships at Taiwanese universities. But after more than a week of negotiations, its foreign ministry on Sunday brought that to an end, On Monday, the story was covered extensively in Taiwanese media.

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Image courtesy of "CBC.ca"

Honduras establishes diplomatic ties with China after ditching ... (CBC.ca)

China said its foreign minister, Qin Gang, and Honduran Foreign Minister Eduardo Enrique Reina signed the deal on diplomatic recognition in Beijing, ending ...

The letter addressed Wu as "a friend." However, the Castro government also asked us for billions of dollars in huge economic assistance and compared prices for assistance programs provided by Taiwan and China," Wu said. The U.S. "Taiwan's people have proved to the world that we never cower from threats. She is expected to meet U.S. In a brief statement late on Saturday, the Honduran Foreign Ministry said it recognized the People's Republic of China as the only legitimate government that represents all of China and that Taiwan is an "inseparable part of Chinese territory."

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Image courtesy of "Financial Times"

China's economic rebound weaker than expected, warns Maersk (Financial Times)

One of world's largest shipping groups says country's consumers are still 'stunned' by Covid disruptions.

For cost savings, you can change your plan at any time online in the “Settings & Account” section. Compare Standard and Premium Digital For a full comparison of Standard and Premium Digital,

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Image courtesy of "BNN"

China's Rattled Developers Turn to Business They Once Disdained ... (BNN)

Some see opportunities working with local government financing vehicles that are hoarding land and need to outsource construction work to professionals. There ...

“And it could become a straw to clutch during the sector downturn.” For now, opportunities have increased during the nation’s push to finish abandoned projects, which led to a sweeping mortgage boycott last year. Urban dwellers already own about 36.5 square meters (393 square feet) of housing per capita, exceeding the goal of 35 square meters set by the Chinese Communist Party to build a “moderately prosperous society.” Even though Fortune Land only charged 1.15% to the government, the deal helped it establish a business line that looks viable. Net margin at Greentown climbed to a record 29% for the six months ended June last year, almost triple the average profitability seen at 33 major mainland developers listed in Hong Kong. to distressed Shimao Group Holdings Ltd., dozens of developers are competing even though the business provides much smaller revenue than more traditional sources.

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Image courtesy of "Alaska Highway News"

Honduras establishes ties with China after Taiwan break (Alaska Highway News)

BEIJING (AP) — Honduras established diplomatic ties with China on Sunday after breaking off relations with Taiwan, which is increasingly isolated and now ...

Taiwan's Vice Foreign Minister Alexander Yui earlier said the purpose of Tsai's trip is to highlight the island's friendship with the two Latin American countries. [Tsai is set to begin a 10-day trip](https://apnews.com/article/biden-taiwan-president-us-visit-china-81cb55bce5fdbbdb0535b6b4129fa514?utm_source=alaska%20highway%20news&utm_campaign=alaska%20highway%20news%3A%20outbound&utm_medium=referral) on Wednesday with visits to Guatemala and Belize. Most of its remaining partners are island nations in the Caribbean and South Pacific, along with Eswatini in southern Africa. Political analyst Graco Pérez in Honduras said Beijing's narrative would highlight the benefits, including investment and job creation, “but that is all going to be illusory." Honduras had asked Taiwan for billions of dollars of aid and compared its proposals with China's, Wu said. Relations between Taiwan and Honduras were once stable, he said, but China had not stopped luring Honduras.

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Image courtesy of "NPR"

Honduras establishes ties with China after break from Taiwan (NPR)

Honduras established diplomatic ties with China on Sunday after breaking off relations with Taiwan, which is increasingly isolated and now recognized by ...

Taiwan's Vice Foreign Minister Alexander Yui earlier said the purpose of Tsai's trip is to highlight the island's friendship with the two Latin American countries. Political analyst Graco Pérez in Honduras said Beijing's narrative would highlight the benefits, including investment and job creation, "but that is all going to be illusory." Most of its remaining partners are island nations in the Caribbean and South Pacific, along with Eswatini in southern Africa. Honduras had asked Taiwan for billions of dollars of aid and compared its proposals with China's, Wu said. Relations between Taiwan and Honduras were once stable, he said, but China had not stopped luring Honduras. The new China-Honduras relationship was announced after the Honduran and Taiwanese governments made separate announcements that they were severing ties.

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Image courtesy of "BBC News"

Online trolls are taking a toll in China (BBC News)

A collectivist culture and the lack of pressure on social media companies have made online abuse rampant.

Part of this comes from the fact that people were out of work, frustrated, and angry," Dr Berry says. "Many of these messages contained serious threats and spoke of a deep hatred. "It has been very difficult for victims to seek legal protection and redress," assistant professor Fang says. It could well have been her unconventional pink hair, which appears to have bothered some of her online attackers. The combined effect, he says, "leaves victims feeling helpless". Sun shot to fame in 2021 after documenting his 4,000-kilometre trip from Shandong to Tibet on a tractor. A poll of more than 2,000 social media users in China found that about But she was later diagnosed with and medicated for depression, which she revealed on her social media, sharing details about how she had been battling sleeping and eating disorders. In November, she shared pictures of herself in a hospital ward with the caption: "actively fighting depression". It also found that 16% of the victims had suicidal thoughts. Within days, she had become a target of bullying online. "Grandpa has been my pillar of support since I was little...

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Image courtesy of "MFA China"

Qin Gang: Standing up for the One-China Principle is a Correct ... (MFA China)

On the morning of March 26, 2023, State Councilor and Foreign Minister Qin Gang and Foreign Minister of Honduras Eduardo Enrique Reina jointly met the press ...

Honduras recognizes that there is but one China in the world, the Government of the People’s Republic of China is the sole legal Government representing the whole of China, and Taiwan is an inalienable part of China’s territory. Honduras stays committed to safeguarding national sovereignty and dignity, the principle of non-interference in internal affairs and the people’s right to self-determination, and the establishment of diplomatic relations with China is in line with the above principles. The Government of the People’s Republic of China appreciates this position of the Government of the Republic of Honduras.

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Image courtesy of "POLITICO.eu"

German Christian Democrats rewrite Merkel's China playbook (POLITICO.eu)

The conservatives are adjusting their views on Beijing, saying the balance has shifted 'toward systemic rivalry.'

That consensus, the group says, must be embedded in the national security strategy and in a European China strategy. A central point is also strengthening reciprocity and European as well as German sovereignty. It's a remarkable course change for the conservative party that pursued a strategy of rapprochement and economic interdependence toward China and Russia during Merkel's decade and a half in power. But the CDU/CSU group's paper says policy should move away from a Beijing-friendly, pragmatic stance toward China, especially on trade. Economy Minister Robert Habeck and Foreign Minister Annalena Baerbock, in particular, have stressed the necessity of a comprehensive China strategy, an idea already mentioned in the coalition agreement to form Scholz's government. Before leaving office, for example, Merkel

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Image courtesy of "The Guardian"

Alibaba founder Jack Ma seen in China after months of absence (The Guardian)

Billionaire is thought to have remained outside country after state crackdown on tech sector.

The company in January Ma started the Alibaba website to link Chinese exporters to small businesses around the world, and later expanded it to other areas such as payments, consumer retail and cloud technology. Alibaba is one of China’s largest private companies and one of the few businesses that can rival the US tech sector for size. A return to China for Ma could herald an easing of government pressure on private companies and promote a more business-friendly attitude. Ma was an English teacher before founding Alibaba. The

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Image courtesy of "Forbes"

Billionaire Jack Ma Returns To China To Visit Private School In ... (Forbes)

Jack Ma has finally returned to mainland China after spending more than a year traveling abroad, just as authorities have begun to show signs of easing ...

[came after his stay in Hong Kong](https://www.forbes.com/sites/ywang/2023/01/20/billionaire-jack-ma-reportedly-visits-hong-kong-as-regulatory-pressure-eases-in-mainland-china/) in January, when the billionaire was reported to be meeting with friends and finance executives in the Asian financial hub. As Chinese authorities came down hard on the tech sector and wiped out hundreds of billions of dollars in market value from their stocks, Ma had been overseas spending time in countries including Australia, Japan, the Netherlands and Thailand. Yungu, which was established in 2017 by Alibaba’s founders, says Ma had called on teachers and students to use artificial intelligence to solve real problems, as the conversational chatbot heralds a new age. I contribute to Forbes, and previously I freelanced for SCMP and Nikkei. The tech mogul was said to have discussed topics such as education and ChatGPT-related technologies at the Yungu School, according to an article the school published on its WeChat account. The trip to Hangzhou

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Image courtesy of "BBC News"

Jack Ma: Alibaba founder seen in China after long absence (BBC News)

The 58-year-old reportedly visited a school that he founded in his hometown of Hangzhou.

We should use artificial intelligence to solve problems instead of being controlled by it," he said. Last November, the Financial Times newspaper reported that Mr Ma had been living in Tokyo, Japan for six months. Alibaba founder Jack Ma, who has rarely been seen in public in the past three years, has resurfaced at a school in Hangzhou, a report says.

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Image courtesy of "The New York Times"

Meet the Xi Jinping Loyalist Now Overseeing China's Economy (The New York Times)

He Lifeng's long career in government has spanned the extremes of China's approach, from the early embrace of small business in the 1980s to today's tighter ...

Mr. In August, Mr. When Mr. A stark example of how far Mr. Even before he moved to Tianjin, he spent his last years in Xiamen ordering the flattening of neighborhoods and villages on the outskirts of Xiamen’s historic core to make way for modern buildings, said Alfred Wu, a politics professor at the National University of Singapore who used to work as a local journalist near Xiamen. Tianjin, a large metropolis only 70 miles southeast of Beijing, is a model of government intervention — in many ways the opposite of Xiamen, where Mr. He oversaw the construction of a vast new city of skyscrapers on the city’s oceanfront. He served as the chairman and Communist Party secretary of the country’s top central planning agency, the powerful National Development and Reform Commission. He “has a track record of doing things immediately, in accord with his boss’s wishes, but may sacrifice some of these medium-term issues,” Mr. Victor Shih, a political scientist at the University of California, San Diego, said Mr. Over the next two decades in Xiamen and nearby cities, Mr. A Communist Party member with two degrees in government finance, he got a municipal job in Xiamen, a coastal city that had just been freed by Deng Xiaoping from central planning dictates to test free markets.

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Image courtesy of "Reuters"

China says diplomatic deal with Honduras a 'political decision ... (Reuters)

China's establishment of diplomatic relations with Honduras was a political decision without conditions attached, China's foreign ministry said on Monday.

"We want to tell Taiwan authorities that Taiwan independence is a dead end, dollar diplomacy has no way through, any plots that go against the tide of history are doomed to end in failure." Taipei and Beijing accuse each other of using "dollar diplomacy" in their competition for allies. Register for free to Reuters and know the full story

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Image courtesy of "Aljazeera.com"

Alibaba founder Jack Ma makes rare public appearance in China (Aljazeera.com)

The return of China's best-known entrepreneur may help quell concerns of private sector after regulatory crackdown.

“We should use artificial intelligence to solve problems instead of being controlled by it.” A record fine of $2.75bn was then imposed on the company for alleged unfair practices. It was not clear how long he plans to stay in China.

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Image courtesy of "Aljazeera.com"

China says no conditions on Honduras diplomatic deal (Aljazeera.com)

Honduras has become the latest Latin American country to open formal ties with Beijing and end relations with Taiwan.

Taipei’s remaining diplomatic partners include a handful of Latin American countries as well as several island nations in the South Pacific. Beijing has spent billions to win recognition for this “One China” policy. Earlier this month, Honduran Foreign Minister Eduardo Enrique Reina issued a letter requesting a loan of $2.5bn from Taiwan, according to the Reuters news agency.

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