Tag Archives: Chinese

Missing Chinese Chairman Is In Shanghai Assisting a Probe

Agen Sabung Ayam

HONG KONG—Fosun Group on Sunday mentioned Chairman Guo Guangchang was in Shanghai and was helping the Chinese authorities with specified investigations.

Mr. Guo’s whereabouts experienced been unsure for times even as the organization on Friday issued a assertion signed by Mr. Guo that said he was currently being held in relationship with an inquiry but was capable to take part in “major matters” just before the corporation.

On Sunday Fosun stated the probe or probes have been about individual issues and not about the firm.

Liang Xinjun, vice chairman and main govt of Hong Kong-shown Fosun Global Ltd., the group’s flagship investment decision problem, said in a meeting call that authorities experienced been facilitating Mr. Guo’s participation in business determination producing, this kind of as through meeting phone calls.

“Assisting probes by judiciary authorities is a obligation of Chinese citizens,” Mr. Liang said on the phone. “These probes are mainly to support the investigation approach, not about problems at the organization.”

Mr. Liang, a single of the 4 co-founders of the organization, dodged a question from an investor about regardless of whether he experienced spoken to Mr. Guo himself after his disappearance.

Chinese investigators have broad powers to detain suspects and prospective witnesses even when they have not been accused of wrongdoing.

“Chairman Guo is a man of excellent knowledge,” explained Wang Qunbing, president of Fosun International, on the contact. ”He will actively help investigations and fulfill his obligation in a swift style.”

The firm had earlier explained Mr. Guo was envisioned to go to its yearly interior preparing assembly on Monday, but modified its tone on Sunday. Mr. Wang stated he and Mr. Liang would attend the preparing conference, but that the appearance of other directors would depend on their schedules.

Mr. Liang said the business is not in crisis manner, including that he and other individuals were doing work usually. He invested most time on the phone addressing the company’s funds and explained he had been actively communicating with bond holders, other traders and monetary institutions.

While Mr. Guo has assembled a skilled group of deputies, analysts say that like a lot of Chinese business owners he has retained more electricity for himself than is widespread in huge Western companies. That could make Fosun susceptible should one thing go incorrect, a level illustrated in investing Friday when a investing halt in its major business brought on offering in relevant shares and bonds. Several U.S.-shown Chinese companies in which Fosun has a stake, these kinds of as Sina Corp. SINA -3.forty one % , fell on Thursday and Friday.

Because a midyear inventory-industry crash uncovered weaknesses in China’s fiscal method, authorities have detained senior stockbrokers, fund managers and bankers from a handful of the country’s prime companies, declaring little about the development or conclusions of their investigations. About a dozen of the most-senior people at the greatest brokerage, Citic Securities Co. 6030 -two.19 % , have been held for questioning by authorities for months, and the firm suggests it is cooperating with the investigations.

Jitters are notably high in Shanghai, China’s largest town, where the biggest markets are dependent.

The Chinese Communist Party’s antigraft agency place a vice mayor in Shanghai under formal investigation very last thirty day period, then named specific local brokerages, insurers, a personal-equity organization and organization faculties as targets of its up coming inspections.

Publish to Wei Gu at wei.gu@wsj.com


WSJ.com: Entire world News

Chinese Billionaire ‘Assisting Authorities’ in an Investigation

Agen Sabung Ayam

SHANGHAI—Businesses managed by Chinese billionaire Guo Guangchang explained Friday he is assisting judicial authorities in an investigation, statements that point out his movements are limited by authorities in China but do small to very clear up what is going on with 1 of the country’s most well known business people.

“The Company understands that Mr. Guo is currently helping in particular investigations carried out by Mainland judiciary authorities,” explained a statement late Friday from his primary enterprise group Fosun Intercontinental Ltd. 0656 -1.04 % Other group businesses produced equivalent statements.

Fosun International extra, “Mr. Guo could proceed to just take element in choice makings of the Company’s key matters via acceptable indicates. The administrators of the Organization are of the check out that this investigation has not posed any material adverse affect on the economic or procedure of the Team. The functions of the Company remain standard.”

Mr. Guo’s whereabouts ended up the topic of powerful speculation Friday as the tycoon’s principal organizations halted buying and selling and investors bought investments in firms connected with him.

The statements mentioned shares will resume buying and selling Monday.

Fosun is one of China’s best-identified personal organizations. Its portfolio consists of everything from French vacation resort chain Club Méditerranée SA and Greek jeweler Folli Follie to house in the U.S., including One Chase Manhattan Plaza in New York.

As Fosun chairman, Mr. Guo typically indicators even regimen corporate announcements to the Hong Kong Stock Exchange but Friday’s statement was issued by the company’s vice chairman, Liang Xinjun. Mr. Guo’s name appeared at the base of the late night statement that up to date his position.

Fosun’s press officials declined to remark on Mr. Guo. A cellular cellphone with a number Mr. Guo has employed was turned off according to a concept read when the phone was dialed.

The billionaire’s absence arrives as a number of Shanghai government officials and higher-profile executives have appear underneath scrutiny the two in Chinese corruption investigations and in probes that followed midyear turmoil in the country’s stock market place.

Chinese investigators have broad energy to detain both suspects and likely witnesses who really do not experience accusations of wrongdoing.

There is no sign of what variety of investigation Mr. Guo helping in or no matter whether he could be implicated in problems getting investigated.

Organizations linked with Fosun but not topic to the buying and selling halts plunged Friday.

At least thirteen firms listed on China’s exchanges and invested in by Fosun fell in price tag, including Anhui Sunhere Pharmaceutical Excipients Co., which fell four.nine%, and Zhengjiang Dian Diagnostics Co., which missing 3.eight%. Unlisted Fosun bonds also dropped worth, with a $ four hundred million problem coming owing in 2020 plunging to as considerably as eighty.05 cents on the greenback, just before rebounding to 94.41 cents, according to data from Tradeweb. The concern fetched as significantly as 104.seventy five cents the preceding session.

“It’s a massive uncertainty to add to the equation at the moment,” said Gavin Parry, controlling director of Hong Kong-based mostly brokerage Parry Global Buying and selling Ltd.

The 48-year-aged Mr. Guo is amongst China’s wealthiest individuals, with a personalized fortune believed this yr at $ 7.8 billion by Shanghai study agency Hurun Report, and one particular of its most internationally prominent businessmen. “This news is akin to an earthquake of kinds to the organization group,” Hurun founder Rupert Hoogewerf stated in a online video commentary he dispersed Friday, noting Mr. Guo has enormous regard amid non-public businesspeople in China.

A amount of personal businessmen and executives at state-operate companies have been detained in a a few-yr marketing campaign by Beijing to root out corruption. In latest months, authorities have also launched probes into finance-business executives adhering to a authorities-led effort to rescue the country’s ailing inventory markets. Just last month, Communist Get together antigraft inspectors chilled officialdom in Shanghai by saying an investigation into a vice mayor.

The probes have cast a pall above organization activity in Shanghai and manufactured executives nervous about the ultimate aims and scope of the initiatives, numerous say.

President Xi Jinping has shaken China’s establishment given that assuming electricity three many years in the past. Earlier targets incorporate Zhou Yongkang, a previous member of the Politburo Standing Committee, the Communist Party’s leading body, as nicely as provincial governors and generals in the People’s Liberation Army, plus party-appointed heads of giant oil, mining and industrial business teams.

“The fiscal sector is the latest goal of this approach and is getting pursued with excellent intensity,” researchers from Eurasia Team mentioned in a report published Thursday that calculates that Mr. Xi’s marketing campaign is intensifying.

Working from a riverfront tower in downtown Shanghai, Fosun is very diversified in China with metal, residence, retail, financial solutions and journey, such as a single of Shanghai’s best vacationer internet sites, Yu Gardens. In addition to its in depth residence holdings in China and overseas and its pharmaceutical organization, it has partnered to make investments with U.S. private-fairness giant Carlyle Group CG -2.24 % and acquired into manufacturer names in Europe, like Club Med and a German lender.

Much more not too long ago, Fosun has expanded into insurance policy and technology, furthermore appeared at how to bring far more enjoyment to China, such as by way of its stake in Canadian carrying out group Cirque du Soleil.

Mr. Guo has not evaded community scrutiny. In August, he was named throughout the sentencing on corruption fees of a former senior Communist Social gathering member in Shanghai who had operate a federal government-owned dairy company. Mr. Guo had granted the male favors for unspecified rewards, in accordance to China’s official Xinhua Information Company, which stated that Mr. Guo was not accused of wrongdoing. Fosun issued a assertion stating Mr. Guo supported China’s anticorruption drive.

Fosun reacted in a different way two years back when rumors swirled on social media that Mr. Guo was in political hot h2o: the company speedily arranged a conference get in touch with with buyers and place him on the telephone to snuff out the market chatter.

Above the earlier two decades, Mr. Guo has personified China’s rapidly rise and its embrace of entrepreneurialism. He commenced existence bad on a farm and acquired a college training prior to becoming a global business success. Mr. Guo recently wrote in an on the internet commentary that his firm has property beneath management topping $ a hundred and sixty billion and retains as its aim to “become a planet-course organization group.”

Mr. Guo attended Shanghai’s best college, Fudan, and in the early nineties together with Mr. Liang and two other fellow alumni founded a enterprise that shortly gathered extensive assets. Mr. Guo owned 58% of the group that picked up holdings in steel mills, home improvement, pharmaceutical production, retail functions and financial services.

The company was outlined as Fosun International on the Hong Kong Inventory Exchange in 2007, and nowadays is capitalized at almost $ fifteen billion. In accordance to mid-2015 filings, Mr. Guo effectively controls about seventy one% of the outlined organization.

Mr. Guo has repeatedly advised interviewers he has modeled Fosun on ideas espoused by U.S. trader Warren Buffett. He mentioned he seeks to mirror the famed U.S. investor’s concentrate on basic asset values, relatively than industry fluctuations. “At most, we are Warren’s apprentice in China,” Mr. Guo told The Wall Avenue Journal for an write-up released earlier this yr.

Like a lot of other entrepreneurs in China, Mr. Guo has also remained near to Chinese leaders, while some of Fosun’s firms have overlapped with authorities priorities. He has served as a deputy to China’s legislature, the Nationwide People’s Congress, as effectively as represented Shanghai on a substantial-amount central federal government advisory human body named the Chinese People’s Political Consultative Conference. Mr. Guo has typically been asked to talk on behalf of the country’s private business proprietors at govt-sponsored activities, this kind of as an Oct pay a visit to to China by German Chancellor Angela Merkel.

Feasible political issues have “always [been] our worry,” explained one particular fund supervisor whose company holds Fosun shares. The investor described Mr. Guo as the final “red capitalist,” equal components personal entrepreneur and government official.

It is not recognized how close Mr. Guo’s ties to the party are he has mentioned the celebration is represented inside Fosun. In 2001, he told a collecting of the social gathering-affiliated Shanghai Federation of Trade Unions, in accordance to the organization’s internet site, “Although I’m not a party member, people around me are all celebration customers.”

Compose to James T. Areddy at james.areddy@wsj.com


WSJ.com: Planet Information

Traditional Chinese medicines laced with heavy metals, pharmaceuticals research says

Agen Sabung Ayam

Posted December ten, 2015 21:55:40

Some conventional Chinese medicines are laced with prescription drugs, large metals and even endangered animals, new research has unveiled.

Classic Chinese medicines (TCMs) have long been considered by some as a far more natural, organic method to curing illnesses.

But now a examine carried out by Curtin University, Murdoch University and the University of Adelaide has found 90 for every cent of 26 widely obtainable medicines tested ended up not match for human use.

Fifty percent contained unlawful substances, which includes harmful metals, prescription drugs, stimulants and animal DNA, none of which had been detailed on the product’s label.

TCMs are a multi-billion-greenback market and it is believed 50 per cent of Australians have utilized alternative therapies at some stage.

Researchers employed a new strategy involving very sensitive DNA sequencing, toxicology and heavy steel screening to assess the composition of the TCMs.

“If we do not know what is actually in them, it really is quite hard to predict the interactions, … which is certainly of wonderful problem if they are been presented to young children, or pregnant girls, the possible outcomes there are really critical.

Murdoch College biochemist Dr Garth Maker

The study does not disclose the brands of medicines checked, but confirmed they were purchased in Adelaide and offered for sale in stores and markets nationally.

Curtin University guide researcher Professor Michael Bunce said the outcomes have been shocking.

“Half of them have illegal components in them, we have determined from DNA, 50 percent of them have received prescription drugs included to them that are obviously artificial in nature and have not appear from organic compounds,” he stated.

“Yet another proportion of them have heavy metals beyond the risk-free ingestion recommendations … 90 per cent of them are really not suit for human usage.”

Murdoch University biochemist Dr Garth Maker explained contamination by undisclosed prescription drugs was a wellness issue.

He mentioned more than-the-counter medication like paracetamol and ibuprofen had been identified but also steroids, blood thinner warfarin and even sildenafil, the active ingredient in Viagra.

“We ended up amazed but at the exact same time, there absolutely seems to be an factor of deception in planning these items to have a specific end result,” he mentioned.

“They could contain ephedrine, which will give a great deal of individuals a excitement, and therefore they truly feel good and they believe ‘this is great medication, I need to maintain getting it’.”

Arsenic, guide, strychnine located in some medicines

Arsenic, cadmium and lead had been identified in some of the Chinese medicine.

One particular of the herbal concoctions contained in excess of 10 moments the advised every day limit for arsenic publicity.

An additional contained strychnine, which is employed as a rat poison and at decrease amounts as a performance-enhancing drug.

“Certainly if someone has been taking this for a really lengthy time, they could have unwittingly uncovered themselves to reasonably high ranges of the poison strychnine,” Dr Maker stated.

“If we don’t know what is actually in them, it is quite challenging to predict the interactions, and also [they can be] taken with other medicines.

“That is clearly of great problem if they [have] been offered to kids, or expecting ladies, the potential results there are very significant,” he said.

DNA of endangered species detected

Professor Bunce stated one particular of most alarming results was the DNA presence of endangered species.

Curtin University's Professor Michael Bunce Photo: The project’s direct researcher Professor Michael Bunce of Curtin University. (ABC Information: Laura Gartry)

“A single natural drugs which is for sale had trace quantities of snow leopard DNA in it,” Professor Bunce mentioned.

“We also identified DNA from pit vipers, frogs and trace amounts of cat and canine DNA.”

Regardless of whether the animal items ended up primary elements or the outcome of very poor production processes is however to be decided.

Curtin College researcher Dr Megan Coghlan stated the outcome demonstrated that regardless of large penalties for unlawful trafficking of protected wildlife, poaching and smuggling was still transpiring, with traditional drugs a considerable “drive-factor”.

“Furthermore, customers of this specific medication would be unaware that they have been ingesting content from this species, as it was not detailed as an ingredient,” Dr Coghlan stated.

Push for much more regulation of organic imports

Professor Bunce said each and every herbal medication offered in Australia demands to be shown with the Therapeutic Products Administration (TGA), but only twelve of the goods tested were registered with the agency and are deemed “lower-risk”.

The remaining 14 ended up not registered by the TGA and therefore must not be obtainable to Australian consumers in a commercial quantity.

The TGA relies on the importer to make a real declaration about the substances, an honesty method Dr Garth thinks is being exploited.

[They are] complementary since they may possibly only include pre-accepted low-chance components and must not make promises or indicate that they have reward for the treatment method or avoidance of a serious illness.

TGA spokeswoman

“We would hope there would be a arduous screening treatment adopted by the TGA to really keep an eye on these compounds, medications just before they are truly put on sale,” mentioned Dr Garth.

The TGA declined to be interviewed but a spokeswoman mentioned in a assertion that most complementary medications are shown medications and deemed to be of comparatively low-risk to shoppers.

“[They are] complementary since they may possibly only incorporate pre-approved low-risk substances and must not make statements or imply that they have benefit for the therapy or avoidance of a severe disease,” she stated.

“The TGA has labored right with persons accountable for introducing the product to the Australian marketplace referred to in the report to guarantee compliance with the requirements of Australia’s therapeutic items laws.”

At least a single of the merchandise located to illegally have ephedrine has given that been put on a Customs view checklist and authorities have been informed to stop any foreseeable future imports.

The ABC can reveal at the very least 5 of the tested items currently had customs warning alerts abroad, which includes two in Malaysia and a single in the United Kingdom.

Mr Maker mentioned the practise is widespread and rising.

Contamination ‘not widespread’: Chinese medication proponent

Countrywide President of the Federation of Chinese Medicine Modern society of Australia Professor Tzi Chiang Lin mentioned he did not think this kind of findings would be prevalent across the market.

I consider [large] metallic, it does not issue in the natural medicine or even the foods market, and that it will come about, … it really is not so significant.

National President of the Federation of Chinese Drugs Society of Australia, Professor Tzi Chiang Lin

“Of course, there are some individuals … that are not that good and they may be making anything not really nicely,” he mentioned.

“[But you] can not [place] blame on the whole career, it will be one or two folks. It may possibly be one or two cases [that have] took place, but not many,” he explained.

Professor Lin stated the TGA’s recent regulatory regime is “ideal”.

“The reduced-chance organic medications [are] already controlled quite closely by [the] TGA, and they supervise very strictly the companies in China,” he explained.

“Above-regulation will imply difficulties for the sector and [would not be] truthful for the occupation.”

Professor Lin stated traces of heavy metallic contamination had been not particularly uncommon and possibly connected to the soil elements have been grown in, as they experienced chemical fertilisers included.

The study’s results have been revealed in the journal Mother nature Scientific Reports.

Scientists program to now scrutinise up to three hundred other extensively accessible natural medicines.

Topics: substitute-medicine, perth-6000


Just In

Calls for better access to Chinese market as cherry festival gets underway

Agen Sabung Ayam

Posted December 06, 2015 09:24:forty six

Close-up shot of cherries hanging from a tree. Image: Mainland cherry growers are worried they cannot easily accessibility the profitable Chinese Market. (ABC Information: Adam Wyatt)

All factors Cherry are being celebrated this weekend at the National Cherry Festival in Youthful in New South Wales with pie eating, parades, a pit spitting opposition and pick your personal cherries excursions.

But as the town celebrates the cherry and attracts tourism, nearby professional growers are progressively discouraged about the lack of access to intercontinental marketplaces, especially in the confront of the stunning successes of Tasmanian cherries in China.

The president of the Australian Cherry Producers Association Tom Eastlake grows and packs cherries at his home just outside the house of Young.

“My cherries and the relaxation of the mainland growers will be largely relegated to the domestic market place, owing to no access to any large scale export marketplaces,” he stated.

Overseas markets in Hong Kong and the United Arab Emirates are accessible, but the actual concern is a deficiency of access to the Chinese marketplace.

In fact as a mainland cherry grower I’d be a lot more than satisfied to have the tariffs reinstated if it meant I had market obtain simply because at the moment I am an outlier.

Tom Eastlake

Mainland cherries are topic to significantly less cost-efficient export possibilities, thanks to the existence of the Queensland fruit fly.

Tasmanian cherries are grown in a fruit fly cost-free area, and as a result, the create can be flown right to China, where they command stratospheric charges.

Mr Eastlake explained it is a stark distinction to the returns from regional product sales.

“In an regular yr ideal you could hope for is possibly about $ 8 a kilo,” he stated.

“If you examine that to a Tasmanian grower registered for export… you could search at someplace in the realm of best scenario scenario $ ten a kilo obvious of that.

“So for each ten,000 kilos you pack that’s a $ one hundred,000 you get in your pocket theoretically with no additional expense.”

Mr Eastlake said the Govt experienced promised a evaluation to boost export entry to China for mainland growers, but that it failed to materialise, even in the experience of Chinese approaches.

“The Chinese arrived to us and explained ‘ok we will give you a trial of a sea freight protocol’ which was not perfect but far better than what we’ve got.”

But Mr Eastlake stated the offer fell aside when federal authorities said they did not have the sources to keep track of the trial.

“In simple fact as a mainland cherry grower I might be more than satisfied to have the tariffs reinstated if it meant I experienced industry accessibility due to the fact at the instant I am an outlier,” he said.

“In several press releases for the cost-free trade settlement for the Australian Authorities they have stated that cherries stand to be one particular of the essential beneficiaries of the cost-free trade arrangement.

“Presently as a mainland grower I derive definitely no reward.”

Cherry competition progressively popular with Chinese tourists

But even though the mainland commercial industry is combating to consider cherries to China, Chinese website visitors are flocking to Australia’s cherry increasing places.

Cath Mullany, with tourists lining up with buckets of cherries in the background. Image: Cherry grower Cath Mullany made the swap from professional expanding to a select-your-personal business aimed at visitors. (ABC Information)

Young cherry pageant organiser David Newberry said the city now has Chinese figures on its road indicators and the pageant site has been translated for Mandarin and Cantonese speakers.

He said about forty for every cent of site visitors in cherry time are of Chinese descent.

“I believe the cherry is somewhat revered in China for its colour and its well being properties it is just one thing they love,” he mentioned.

Mr Newberry approximated around 20,000 site visitors would attend the celebrations, and accommodation in the region is booked out.

Cath Mullany’s family shifted from a commercial grower to a select-your-own vacationer enterprise a long time back.

She mentioned the cherry competition was the busiest weekend of the yr.

“We do see a great deal of Chinese tourists as properly as from several other places, it’s extremely varied our group,” she explained.

The competition will wind up on Sunday.

Matters: fruit, agricultural-crops, rural, youthful-2594, nsw, australia, canberra-2600, act


Just In

Chinese, South African Leaders Agree on Investments

Agen Sabung Ayam

JOHANNESBURG—China’s President Xi Jinping and South African President Jacob Zuma agreed to $ 6.5 billion in new investments in between their two nations as the world’s second-most significant economic system seeks to persuade Africa that slowing expansion won’t limit its engagement on the continent.

“We agreed that much more can and should be carried out to improve our trade and expense figures,” Mr. Zuma stated right after assembly with Mr. Xi and ministers from equally countries at his offices in Pretoria. “Relations among China and South Africa are presently at their ideal levels at any time,” he said.

Mr. Xi’s remarks to the modest group of reporters gathered in Pretoria weren’t translated for reporters.

A gunfire salute and brass band greeted Mr. Xi on Wednesday as he arrived in South Africa for 4 days of meetings with Mr. Zuma and other leaders that could yield billions of dollars in new funding for the continent.

China is anticipated to use the go to to reassure South Africa that its motivation to the world’s poorest continent is sturdy even with a international commodity slump emanating from China’s own slowing progress.

Certainly, China’s slackening demand for Africa’s oil, copper and iron ore is weighing heavily on the continent’s prime economies. Commodity powerhouses Nigeria, Angola, South Africa and Zambia have viewed progress and currencies plummet this calendar year as product sales to China, Africa’s leading trading associate, cooled. China’s Ministry of Commerce mentioned in November that Chinese investment in Africa dropped forty% in the initial 6 months of this yr.

Mr. Xi and the army of bureaucrats accompanying him are making an attempt to paint a rosier photograph of China’s engagement in Africa. In advance of the journey, Chinese and South African firms introduced $ 930 million in investments in steel, power, pharmaceutical and other sectors.

For the duration of his 1st stop—in Zimbabwe Monday and Tuesday—Mr. Xi and Zimbabwe’s President Robert Mugabe signed a dozen bargains like $ 1 billion to grow a thermal energy station currently being developed by China’s Sinohydro Corp.

At Mr. Zuma’s workplaces in Pretoria on Wednesday, South Africa’s state-owned rail operator acknowledged $ 2.5 billion in financing to purchase locomotives and other equipment from Chinese companies.

These kinds of agreements present how China hopes to turn from purchasing Africa’s minerals to financing infrastructure initiatives that will produce profits and employment back again in China, said Kai Gue, a Beijing-based mostly law firm who advises Chinese companies functioning in Africa.

He uncertainties the method can work.

“There’s so a lot saturation presently,” Mr. Gue explained, noting that 50 % of the engineering operate in Africa final yr was accomplished by Chinese firms: “What much more can be received?”

For Mr. Zuma, Mr. Xi’s check out is an possibility to tout South Africa’s pre-eminence as a gateway to undertaking company on the continent. South Africa’s membership since 2010 in the Brics club of rising economies—which also involves Brazil, Russia and India—has also assisted placement Mr. Zuma as an ambassador for investment in Africa.

But tighter ties to the world’s most significant creating markets also pose dangers to South Africa’s small and fairly moribund financial system. South Africa trades far more with China than any other region, which includes a record $ 60 billion in 2014. But South Africa also operates a more substantial trade deficit with China than any other region, exhibiting how a beleaguered manufacturing sector here has not been capable to outdo China’s low cost machinery and items.

Mr. Zuma mentioned agreements attained on Wednesday would assist handle that deficit, which includes special financial zones he mentioned China would aid develop in South Africa.

“I think this will contribute to addressing the composition of our bilateral trade as nicely as the industrialization of our economic climate,” Mr. Zuma explained.

Write to Patrick McGroarty at patrick.mcgroarty@wsj.com


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Chinese study-abroad students face democratic dilemma

Sabung Ayam Online

WASHINGTON, Nov. 24 (UPI) — Chinese students educated in Western countries learn about democracy, but when they enter the work world at home they must adapt to an authoritarian state or face bleak employment prospects as they push for human rights reform in China, according to several Chinese civil rights activists.

“If you devote yourself to the democracy movement,” said Chinese human rights activist Wei Jingsheng at a Cato Institute panel discussion Monday, “you’re not going to make money.”

Authorities have improved certain human rights issues since Xi Jinping became China’s president in late 2012, but the country remains near the bottom globally on all significant human rights indexes due to myriad human rights violations, according to Human Rights Watch. These violations include legally baseless detention, torture and even murder of those who challenge the Chinese Communist Party.

The civil rights activists said human rights protections have deteriorated under Xi’s administration; young Chinese, particularly overseas students, could use the power of their numbers to change China’s political regime but serious financial repercussions and even detention serve as deterrents.

China’s young adults who have gone to college abroad “still think they will go back to China to pursue their future careers there,” said Yang Jianli, who protested as a young adult at Tiananmen Square in 1989. “They don’t want to jeopardize their future so that’s the fear factor still working.”

Former Peking University professor Xia Yeliang added: “I see so many people have their brain washed by CCP. They say, ‘It’s fine, as long as we can live. As long as we can have some food and salary.'”

Activist Chen Guancheng, who was detained for more than four years for what he described as activism against the CCP, said experiences like his create public skepticism about the current political system.

“The government’s decision to go after the people who raise issues rather than the issues themselves have also enlightened Chinese people in making them understand what kind of government this is,” Guancheng said.

As the United States and other Western countries work to increase trade with China’s lucrative markets, they are “paying more attention to business than human rights and freedom,” said Teng Biao, a human rights lawyer who worked in China until he moved to the U.S. to continue his efforts.

But the profit-based focus is creating inequality, according to Jingsheng. But because Chinese law does not require high human rights standards for workers, companies can make products more cheaply than many Western trading partners, which puts China in a more favorable trading position than countries with better-regarded human rights records.

Jingsheng said a continued push for profit without regard for human rights threatens to destabilize markets and plunge the world into an economic recession.

In order to avoid such an outcome, Jingsheng said the international community must “pitch in” to pressure the CCP to adopt universal laws inclusive of high standards for human rights and punish those in violation of said laws.

“If you want to change this unfair situation, you must set up rules and carry out and make sure both societies are competing in fair rule,” Jingsheng said. “This rule must have punitive measures. Without punitive measures, that rule will not be able to be carried out.”

Latest News – UPI.com

3 Chinese Executives Killed in Mali Attack, Company Says Agen Sabung Ayam

Agen Sabung Ayam

BEIJING — Three senior executives of a Chinese condition-owned rail design firm were killed by gunmen at the start off of the fatal resort siege in the cash of the West African country of Mali, the organization stated on Saturday.

The three males have been all explained as seasoned negotiators, seasoned in constructing infrastructure in some of the toughest and most remote components of the globe.

One particular of them, Chang Xuehui, the regional standard supervisor in West Africa for the China Railway Construction Company, experienced composed lately on the company website that arduous vacation in Africa often remaining him fatigued and that a bout of malaria even though he was in Gabon, also in West Africa, had depleted his vitality. But “my occupation cannot cease,” he wrote.

The other two executives have been Zhou Tianxiang, forty nine, the basic supervisor of the company’s global group, and Wang Xuanshang, deputy general manager of the international team, according to the web site. The Chinese Embassy in the Malian funds, Bamako, mentioned that seven Chinese citizens, all of them on company journeys, were inside of the Radisson Blu Lodge at the time of the assault on Friday. Four have been rescued with the support of French unique forces, the embassy stated.

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China Railway Construction, a large conglomerate with infrastructure assignments in 17 international locations, like in Latin The usa and Southeast Asia, announced a $ 1.five billion deal with the Malian authorities previous drop to rehabilitate a strategic rail line from Bamako to Dakar, the capital of Senegal. The railway was designed to bolster exports of Mali’s iron ore.

At the very same time, another Chinese company, China Railway Engineering Company, signed an $ eight billion deal to create a new rail line from Bamako to the port of Conakry in Guinea. That was also supposed to carry iron ore out of the landlocked country to the sea.

Chinese investment in infrastructure in Africa fell previous 12 months, but some huge offers ended up signed, and China Railway Development said on its site that the preliminary layout and pricing for the Malian task had been thanks to be completed by April 2015.

A public affairs official for the firm told The Paper, a Shanghai-primarily based information portal, that the a few executives were in the foyer of the resort greeting guests when the intensely armed attackers burst in wielding device guns.

Mr. Zhou, the most senior of the a few, experienced just been transferred to his job as manager of the worldwide team from yet another significant point out-owned building organization, the organization explained. He experienced when labored in Tanzania, the African nation exactly where China 1st constructed railways in the 1960s, and had just lately completed an assignment in Russia.

Mr. Wang, the deputy for the intercontinental group, experienced previously labored in Luanda, the money of Angola, the company mentioned.

Describing his operate in an write-up on the company web site, Mr. Chang said that as a member of the Communist Party, he was determined to do his ideal even with the rough circumstances in Africa.

“Because of my task, my colleagues and I need to have to usually fly from region to country in Africa,” he wrote. “Sometimes the long hrs of touring and the uncertainty of African airways depart us with out a lot snooze, and we have to turn up to meet government leaders as shortly as we get off the aircraft. But we all deeply recognize our mission and responsibility that no subject how huge the stress and how fatigued we are, we have to finish our job on time and correctly.”

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Fire in Chinese Coal Mine Kills at Least 21, Officials Say Agen Sabung Ayam

Agen Sabung Ayam

BEIJING — Authorities say a late-night time fire at a coal mine has killed 21 individuals and left 1 missing in the northeastern Chinese province of Heilongjiang.

The formal Xinhua News Agency said Saturday that the fire at the Xinghua mine in the city of Jixi was introduced below management and that 21 bodies have been recovered at the mine, owned by the Heilongjiang Longmay Mining Holding Group.

The provincial work basic safety administration verified the demise toll on Saturday.

A work security worker who only gave his household title of Xing says rescuers are browsing the missing particular person.

Xinhua says 38 miners had been functioning underground when an angle belt caught hearth on Friday evening and that 16 individuals ended up pulled out to safety.

Xinhua does not say what caused the fireplace.

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