China Archives - Page 70 of 80

10Jan

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China, Far East

Watch Out: Hong Kong Crime Rings

NOVANEWS Targeting naive maids in parks and on social media Syndicates befriend domestic workers on social media and in parks with a view to recruiting them to smuggle drugs or launder money By: Bryan Harris Maids gathering in Hong Kong's open spaces are being targeted by criminals. File photo: Martin Chan Organised crime gangs are using social media and a physical presence in Hong Kong's public spaces to coerce domestic helpers to engage in money laundering and drug smuggling, the Sunday Morning Post has learned. Victoria Park - a popular recreational area among the city's more than 300,000 domestic workers - is just one of many public areas where criminals attempt to spark friendships with helpers with a view to using them later for illegal ac...

10Jan

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China, USA

Hong Kong and HSBC under scrutiny as US cracks down on American tax cheats

NOVANEWS Under Fatca, financial firms around the world are required to report to the IRS information on clients who are US taxpayers. US authorities are stepping up their investigation of tax evasion across Asia, with one recent case involving HSBC Holdings and Hong Kong providing an example of how wide the net is being cast to catch American tax cheats, lawyers say. Officials with the US Internal Revenue Service were now stationed in overseas jurisdictions, including the American consulate in Hong Kong, gathering information, said Travis Benjamin, the head of tax practice at law firm Deacons. "We're seeing greater activity of foreign tax authorities, not only those of the US, in investigations and information gathering in jurisdictions across Asia, including Hong Kong a...

16Dec

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China

East vs. Rest: China’s Eurasian Integration vs. the West’s Empire of Chaos

NOVANEWS 'Go West, Young Han': As Washington "pivots” to Asia, China does the Eurasian Pirouette by: Pepe Escobar "Ninety percent of the global container trade still travels by ocean," explains Escobar, "and that’s what Beijing plans to change." (Photo: Chris Kueh/flickr/cc) November 18, 2014: it’s a day that should live forever in history. On that day, in the city of Yiwu in China’s Zhejiang province, 300 kilometers south of Shanghai, the first train carrying 82 containers of export goods weighing more than 1,000 tons left a massive warehouse complex heading for Madrid. It arrived on December 9th. Welcome to the new trans-Eurasia choo-choo train. At over 13,000 kilometers, it will regularly traverse the longest freight train route in the world, 40% farther th...

5Dec

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China, ZIO-NAZI

CHINA BOYCOTT THE NAZI REGIME OF I$RAHELL

NOVANEWS China And I$raHel Sharing Market Opportunities One of I$raHell most influential business conferences, the 12th Go4Israel Conference was held this week on Tuesday, October 27th at the Hilton Tel Aviv, and placed particular attention on China. Over 1,000 participants took part in the conference including international and local entrepreneurs, investors and business leaders. “The conference reflects Israel’s role in bringing the world’s West and East economies together. With an increasing presence of China in Israel’s business scene, we can help enhance global relationships between investors and entrepreneurs, mainly from Europe, China and Israel,” said the French-born Edouard Cukierman, the chairman and founder of Cukierman & Co. Investment House, which organized the confere...

2Dec

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China, North Korea, USA

China, North Korea criticize US over Ferguson situation

NOVANEWS A North Korean soldier watches fellow soldiers enter in Panmungak building at the Joint Security Area, North Korea, July 27, 2013. ARMANDO R. LIMON/STARS AND STRIPES By Erik Slavin YOKOSUKA NAVAL BASE, Japan — North Korea and China criticized the United States’ human rights record after a grand jury decided not to press charges against a police officer who fatally shot an unarmed 18-year-old in Ferguson, Mo. While China veiled its criticism Tuesday, North Korea, which is believed to run a vast network of concentration camps housing political prisoners, called the U.S. a “graveyard of human rights.” A post on North Korea’s official news website called the U.S. a country “wantonly violating the human rights where people are subject to discrimination and humiliation ...

2Dec

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China, North Korea

China won’t save North Korea if country goes to war, says former PLA general

NOVANEWS North Korean leader Kim Jong-un peers through a periscope of a submarine during an inspection of the Korean People's Army Navan Unit in June. Photo: Reuters China will not step in to save neighbouring North Korea if the Pyongyang regime collapses or starts a war, a retired People’s Liberation Army general has said, possibly signalling Beijing’s waning patience with its wayward, nuclear-armed ally. “China is not a saviour,” Wang Hongguang, former deputy commander of the Nanjing military region, wrote in the Global Times newspaper, which is close to the Communist Party. China cannot influence the situation on the Korean peninsula … It is not necessary for China’s younger generation to fight a war for another country WANG HONGGUANG, FORMER PLA DEPUTY COMMANDER “Sh...

15Nov

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China

China’s Silky Road to Glory. Beijing’s Trade Proposal Undermines Obama’s TPP

NOVANEWS By Pepe Escobar Global Research If there were any remaining doubts about the unlimited stupidity Western corporate media is capable of dishing out, the highlight of the Asia-Pacific Economic Cooperation (APEC) summit in Beijing has been defined as Russian President Vladimir Putin supposedly “hitting” on Chinese President Xi Jinping’s wife – and the subsequent Chinese censoring of the moment when Putin draped a shawl over her shoulders in the cold air where the leaders were assembled. What next? Putin and Xi denounced as a gay couple? Let’s dump the clowns and get down to the serious business. Right at the start, President Xi urged APEC to “add firewood to the fire of the Asia-Pacific and world economy”. Two days later, China got what it wanted on all fronts. 1) Beijing had...

15Nov

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China

Editorial: Hong Kong democracy movement a tool of imperialist subterfuge

NOVANEWS Proletarian issue 62 (October 2014) Imperialism is striving its utmost to stir up trouble for the Chinese government in Hong Kong, where there is a small comprador element only too happy to try to mobilise against the government using the well-worn but entirely fraudulent ‘democracy’ slogan.This comprador element has succeeded in attracting students to the ‘pro-democracy’ cause, and these make up the backbone of the large protests, organised chiefly by an outfit calling itself Occupy Central, that are currently taking place, eagerly photographed by the imperialist media. Less publicised, of course, are the facts that a petition against Occupy attracted 1.4m signatures, and that a large anti-Occupy march took place on 17 August. What the imperialist powers hope...

13Nov

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China, India, Russia, South America

BRICS, Eurasian Economic Union (EEU), Shanghai Cooperation Organization (SCO): Towards a New Global Financial Architecture?

NOVANEWS By Ari Rusila Global Research The BRICS met in 2013 in Durban, South Africa, to, among other steps, create their own credit rating agency, sidelining the “biased agendas” of the Moody’s/Standard & Poor’s variety. They endorsed plans to create a joint foreign exchange reserves pool. Initially it will include US$100 billion. It’s called a self-managed contingent reserve arrangement (CRA). During the July (2014) BRICS Summit in Brazil the five members agreed to directly confront the West’s institutional economic dominance. The BRICS agreed to establish the New Development Bank (NDB) based in Shanghai , pushed especially by India and Brazil, a concrete alternative to the Western-dominated World Bank and the Bretton Woods system. With initial authorized capital of $100 bil...

12Nov

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China

Petrodollar Panic? China Signs Currency Swap Deal With Qatar and Canada

NOVANEWS By Tyler Durden Global Research The march of global de-dollarization continues. In the last few days, China has signed direct currency agreements with Canada becoming North America’s first offshore RMB hub, which CBC reports analysts suggest “could double maybe even triple the level of Canadian trade between Canada and China,” impacting the need for Dollars.But that is not the week’s biggest Petrodollar precariousness news, as The Examiner reports, a new chink in the petrodollar system was forged as China signed an agreement with Qatar to begin direct currency swaps between the two nations using the Yuan, and establishing the foundation for new direct trade with the OPEC nation in the very heart of the petrodollar system. As Simon Black warns, ”It’s happening… with incre...