Archive for China

S.E.C. Blocks Chinese Takeover of Chicago Stock Exchange – The New York Times

“Supporters of the Chicago Stock Exchange proposal said it could help bring more Chinese companies to United States financial markets. And it would also have helped revive a marketplace where activity was dwindling. The Chicago Stock Exchange handles only a small fraction of the stock trades that take place every day.”

Source: S.E.C. Blocks Chinese Takeover of Chicago Stock Exchange – The New York Times

DL: This deal was approved by the SEC under Barak Obama. It was approved by the staff of the SEC. The new Trump head of the SEC has terminated against the advice of the SEC staff. Make America Great Again continues to hold us back. These are the same idiots who cancelled the US participation in the TPP, the Trans Pacific Partnership.

Posted in: Business and Finance, China

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What It’s Like to Live in a Surveillance State – by James Millward – NYT

Image by Brian Stauffer, NYT

“I have researched Xinjiang for three decades. Ethnic tensions have been common during all those years, and soon after 9/11, Chinese authorities started invoking the specter of “the three evil forces of separatism, extremism and terrorism” as a pretense to crack down on Uighurs. But state repression in Xinjiang has never been as severe as it has become since early 2017, when Chen Quanguo, the C.C.P.’s new leader in the region, began an intensive securitization program.

Mr. Chen has brought to Xinjiang the grid system of checkpoints, police stations, armored vehicles and constant patrols that he perfected while in his previous post in Tibet. The C.C.P. credits him with having quieted there a restive ethnic group unhappy with its rule. In his first year governing Xinjiang, Mr. Chen has already recruited tens of thousands of new security personnel.”

“. . . .How does the party think that directives banning fasting during Ramadanin Xinjiang, requiring Uighur shops to sell alcohol and prohibiting Muslim parents from giving their children Islamic names will go over with governments and peoples from Pakistan to Turkey? The Chinese government may be calculating that money can buy these states’ quiet acceptance. But the thousands of Uighur refugees in Turkey and Syriaalready complicate China’s diplomacy.

Tibetans know well this hard face of China. Hong Kongers must wonder: If Uighur culture is criminalized and Xinjiang’s supposed autonomy is a sham, what will happen to their own vibrant Cantonese culture and their city’s shaky “one country, two systems” arrangement with Beijing? What might Taiwan’s reunification with a securitized mainland look like? Will the big-data police state engulf the rest of China? The rest of the world?”

Source: What It’s Like to Live in a Surveillance State – The New York Times

Posted in: Bullies and Scoundrels, China, Climate Change Remediation

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Ex-C.I.A. Officer Suspected of Compromising Chinese Informants Is Arrested – The New York Times

WASHINGTON — A former C.I.A. officer suspected by investigators of helping China dismantle United States spying operations and identify informants has been arrested, the Justice Department said on Tuesday. The collapse of the spy network was one of the American government’s worst intelligence failures in recent years. The arrest of the former officer, Jerry Chun Shing Lee, 53, capped an intense F.B.I. inquiry that began around 2012, two years after the C.I.A. began losing its informants in China. Investiga

Source: Ex-C.I.A. Officer Suspected of Compromising Chinese Informants Is Arrested – The New York Times

Posted in: China, Military Affairs and Espianage

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Opinion | Why China’s Good Environmental Policies Have Gone Wrong – NYT

Stange article, with some questionalbe assertions, such as, there is no data on the kinds of air pollution that China faces. This assertion is false. Other counties have already studied these pollutants. There is lots of good data.What is striking, is that cancer is the leading cause of death in China, and lung cancer is the most common form of cancer. That in itself is a form of data. There is no doubt but the rapid conversion is causing shortages and some severe discomforts.

I wonder if this writer is paid by the coal industry to try and cast doubt on the validity of changing rapidly to natural gas and sustainable energy sources.

Haste and zeal to please an increasingly authoritarian government have created unexpected problems.
NYTIMES.COM

Posted in: China, Climate Change Remediation

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Energy initiative to cut smog worsens winter gas shortage – China Daily

By HOU LIQIANG/DU JUAN/ZHENG JINRAN/ZHANG YU | China Daily | Updated: 2017-12-15 06:52

Surging demand for cleaner fuel affects household heating and pushes up market prices

Authorities in Shaanxi province limited the amount of liquefied natural gas cab drivers can purchase. [Photo/CHINA NEWS SERVICE]

Every day, before starting his shift, taxi driver Zhong Guishun heads to a gas station to fill his tank. Usually, the process only takes a few minutes, but last week it took more than two hours.

Like most cabs in Shijiazhuang, capital of Hebei province, Zhong’s car runs on liquefied natural gas, which was in short supply.

“Only a few stations had the fuel. Some of my peers, who have been driving cabs for more than a decade, said the situation is the worst they’ve ever known,” he said, adding that the line of vehicles stretched more than a kilometer.

Although supplies at gas stations have returned to normal, the provincial government has yet to lift the orange alert-the second-highest level, signaling a shortfall of as much as 20 percent-it sent out about gas supplies last month.

http://www.chinadaily.com.cn/a/201712/15/WS5a3300a6a3108bc8c6734c18.html

Posted in: China, Climate Change Remediation

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In Africa- Geneticists Are Hunting Poachers. (Many of the big traffickers are Vietnamese and Chinese!) NYT

Published by David Lindsay

Many of the big traffickers are Vietnamese and Chinese!
“South African authorities long had eyes on Rogers Mukwena. They knew the former schoolteacher was wanted in Zimbabwe for poaching rhinoceroses and selling their horns, which can command hundreds of thousands of dollars.

He’d jumped bail and fled to northern Pretoria, but it was vexingly difficult to catch and prosecute him — until a scientist helped make the case against him with rhino DNA.

His subsequent conviction resulted from a new tactic in wildlife preservation: The genetic fingerprinting methods that have been so successful in the criminal justice system are now being used to solve poaching crimes.”

DNA databases holding samples from thousands of rhinoceroses and elephants are helping to convict illegal traffickers.
NYTIMES.COM

Posted in: Bullies and Scoundrels, China, Population Growth, Species Extinction

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Trial Over Theft of Wind Technology Spotlights U.S.-China Tensions – WSJ

By Erin Ailworth Jan. 6, 2018 7:00 a.m. ET 21 COMMENTS

“A dispute over the alleged theft of wind-turbine technology is slated to go to trial in Wisconsin on Monday in a test case for intellectual-property battles between the U.S. and China. Federal prosecutors accuse Chinese wind-turbine maker Sinovel Wind Group Co. Ltd. of stealing the source code for software that controls wind turbines from American Superconductor Corp. AMSC 6.64% , a Massachusetts-based engineering company that once counted Sinovel as its biggest customer.

The trial in U.S. District Court for the Western District of Wisconsin could result in billions of dollars in fines for Sinovel, which has previously denied wrongdoing.

Prosecutors in 2013 indicted the company, along with two of its executives and an American Superconductor employee, on criminal charges of stealing trade secrets.

John W. Vaudreuil, then U.S. Attorney for the Western District of Wisconsin, called it “nothing short of attempted corporate homicide.” ”

Source: Trial Over Theft of Wind Technology Spotlights U.S.-China Tensions – WSJ

Ouch. Here is the top WSJ comment, which I endorsed, even though its tone is harsh.

Posted in: Business and Finance, China, Intellectual Property Rights

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Is Hong Kong Really Part of China? – by Yi-Zheng Lian – NYT

HONG KONG — One could say that long before 1997, the year that Britain handed Hong Kong back to China, the leaders of the city’s major pro-democracy parties had come to a tacit understanding with the Chinese government. The pan-dems, as these politicians are known here, would support the absorption of Hong Kong into a greater, unified Chinese state on the understanding that in time Beijing would grant Hong Kong genuine electoral democracy. That, at least, seemed to be the intention driving Hong Kong’s found

Source: Is Hong Kong Really Part of China? – The New York Times

Posted in: China, Hong Kong

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Why China Wants to Lead on Climate- but Clings to Coal (for Now) – The New York Times

“In any event, China’s climate agenda is not so straightforward.

The country is the world’s largest coal consumer. Even as it is phasing out coal plants at home, it is building coal plants abroad as part of an ambitious “One Belt, One Road” initiative, designed to expand Chinese global influence. At the same time, China has embraced renewables: It is the largest producer of electric cars, and it has proposed to set up what would become the world’s largest carbon market.

Li Shuo, of Greenpeace China, said the projected rise in emissions would not affect China’s overall trajectory toward slowing emissions at home and stepping up diplomatically.

“China can continue to play a leading role in the global climate debate, despite this short-term increase of emissions, which is temporary,” he said.

One thing still lost in the fog of global climate negotiations is whether the Chinese leader really wants to be the global leader on climate. In his speech to the Communist Party conclave in October, Mr. Xi took a swipe at the United States by criticizing what he called “self-isolation.” But he said nothing about how his country would step up to fill the gap.

Mr. Xi has said only that China will stick to its pledges. But even if every country meets its Paris pledges, the planet is expected to heat up 3 degrees Celsius or more. That would not be enough to stave off the most catastrophic effects of climate change.”

Source: Why China Wants to Lead on Climate, but Clings to Coal (for Now) – The New York Times

Posted in: China, Climate Change

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China Enshrines ‘Xi Jinping Thought.’ What Does That Mean? – by Chris Buckley – NYT

“What do these changes really mean?

A key phrase here is “new era,” one that Mr. Xi has used throughout the congress, which began last week. Mr. Xi has described Chinese history since 1949 as divided into two eras: the three decades after Mao seized power in a revolution that established a unified People’s Republic and ended nearly a century of civil war and foreign invasions, and the three decades after Deng took power in 1978 and refocused China on developing its economy.

Mr. Xi has signaled he is launching China into a new, third era. In his report to the congress, Mr. Xi suggested that if Mao made China independent, and Deng made it prosperous, he would make it strong again. Restoring China to greatness is a central message of “Xi Jinping Thought,” and a goal that has already guided Mr. Xi’s policies of building up the military, strengthening domestic controls and raising China’s profile in global affairs.”

Source: China Enshrines ‘Xi Jinping Thought.’ What Does That Mean? – The New York Times

Posted in: China

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