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Looking Down at the ā€œUniversalā€ Karma

(2 Apr) Wuhan Virus (COVID-19) has been ā€œglobalizedā€. Since the late George H.W. Bush was president, US has adopted the engagement policy with China for over 10 years, shifting the high cost of product with deadly land and air pollutions to China, in turn to enjoy long-term benefits of ā€œMade in Chinaā€. Chinese Community Party (CCP) transformed Mainland China into an economic powerhouse by mobilizing 1.3 million ā€œslavesā€ and took advantage of their blood and tears. Today, China finally revenged by exporting Wuhan Virus all over the world, with the Western countries crying for help desperately, which is certainly an unique scene to witness.

//The Western perception of Chinese workersā€™ lives as worthless, and poisoning PRC citizen in return of prosperity brought by ā€œGlobalizationā€, has been raving for 30 years.

//Since the Tiananmen Square protests, the label of ā€œMade in Chinaā€ has been constantly reminding the West that the world will meet this day.

//UK Prime Minister Boris Johnson, who accepted Huawei into the UK telecom network, initially advocated for ā€œherd immunityā€ from Darwinism; he then got infected by Wuhan Virus and thereafter angered by China and planned to kick Huawei out of the said network

Full translation:
https://telegra.ph/Looking-Down-at-the-Universal-Karma-04-13

Source: Apple Daily
https://bit.ly/2yVnRvT

#Globalization #TiananmenSquare #Pollution #WuhanVirus #Karma #Economy #HerdImmunity #Hauwei
#Newspaper

Exclusive: India foreign investment rules aimed at China to include Hong Kong

//New Indian rules to ensure scrutiny of investments from companies based in neighbouring countries, especially during the coronavirus outbreak, will also apply to Hong Kong

//foreign direct investments from countries with which it shares a land border would require prior government approval to deter ā€œopportunisticā€ takeovers and acquisitions during the pandemic

//A substantial part of Chinese investments is routed through the Asian financial centre given its market expertise and deep pool of liquidity.

//ā€œItā€™s common sense how Hong Kong investment should be taken. Investment from there is no different to China,ā€

//Some experts believe the total investment coming through Chinese entities is far higher as it is routed through multiple jurisdictions.

//The new rules govern entities located in a country that shares a land border with India and will be applicable even if the ā€œbeneficial ownerā€ of an investment is from those nations.

//the new rules of scrutiny would apply to foreign direct investments in greenfield projects.

//The new rules are seen slowing down investment timelines and straining Indian startups that get regular funding from major Chinese companies, especially when the coronavirus outbreak has already hit them hard.

//India took the decision after several local industry groups flagged concerns around Chinese inflows during the spread of coronavirus that had made some Indian businesses more vulnerable to takeovers

//Several ministries, including Indiaā€™s foreign affairs department, then pitched for changes and studied similar restrictions that had been imposed by countries such as Germany and Australia

Full Article: Reuters, (20-Apr)

Further reading:
Govt Prepares Detailed Plan to Evacuate Stranded Indians Across Globe
https://www.youtube.com/watch?v=DNiyZc9gmP4
Coronavirus: Virgin Australia eyed by three Chinese airlines for rescue deal
https://7news.com.au/news/aviation/coronavirus-virgin-australia-eyed-by-three-chinese-airlines-for-rescue-deal-c-984678.amp

#India #Investment #Restriction #Globalization #FinancialHub #China #LamChao #Economy
#Newspaper

China-led Globalization Is Coming To An End

People in politics predict that if a second wave of coronavirus infections occur in the winter, China will be in very big trouble with its Western trade partners.

With abundant labour force and a generally industry-friendly environment, China has established itself as the hub of manufacturing. Its days as the spearhead of global manufacturing, however, will be coming to an end as numerous countries consider reducing their reliance on China.

Countries that rely on trades with China are at risk of recession as China-led globalization is slowly replaced by localization in some countries. The U.S. is, for instance, using the pandemic as a way to force pharmaceutical companies to manufacture drugs locally.

It is still early to tell how things are going to play out, but the global picture is bound to change.

Full article: Forbes
https://bit.ly/3bUDEsM

Further reading:

#globalization #coronavirus #economy #China
#Analysis #SimonShen
The National security law: the ā€œSecond handoverā€ in the eyes of China, and the twenty steps

Image

Many were surprised to see Beijing directly inserting a national law ā€˜The National Security Lawā€™ into the appendix of the Basic Law, given there were already many signs before head. I have written articles warning that such could happen, but was ignored among the many many articles and public opinions. And we must stay calm, think so to strike back afterwards. Beijing didnā€™t make these move impulsively, but accomplishes them with detailed plans. So they donā€™t treat it as normal clash, but alleviate it to the level of ā€˜HKā€™s Second handoverā€™. A real HKer, must therefore learn these moves, to understand ourselves and our enemy.

1. Beijing believes the pandemic has brought along a good timing to forcefully intrude into HKā€™s affair. and this is based on the assumption that the West has been affected by the pandemic more severely than herself, and requires more time for economy recovery. So the West will not truly want to decouple with China, and will greatly need Chinese capital and market. Be it on ā€œWolf diplomacyā€ (extremely aggressive diplomacy), full and all rounded deployment of soft power, or HKā€™s national security law, are illustrations of pragmatism and brinksmanship. Just like the reclamation and making of island on the South sea. No matter how the world condemned the act, the world didnā€™t take action, so the island was made there.

2. Beijing as the biggest winner of the last 20 years of globalisation, also becomes one of those on the same boat. Although she understands anti China is becoming a trend, the existing elites and their friends around the world will still be in power for 10 years or so. This group is easily drawn in, for they care about their personal interests. So even policies like ā€˜Sinophile making great moneyā€™ will emerge. Before the new and ideology-guided generations taking the office, this gap is the final opportunity for China to implement her strategy.

3. Beijing believes all the commerce associations only care about profit, and are only worried about themselves, who have connections with ā€˜foreign associationsā€™, being extorted under the national security law. So Beijing only needs to win them over by procurement contracts and deals, the businessmen will deploy their influence to lobby within their countries. Examples include the businessmen who betrayed and sold HK away in the 90s.

4. Internationally, UK has the most right to express her opinion, but since Beijing is in the impression that the UK, having less influence than before, will not take action in fight between China and US, or take side to provide mandate to other countries, such as taking legal action against Chineseā€™s unilateral violation on the joint declaration. China has moved its enterprises away from US, and even suggested enterprises to go public in the UK, so to tackle each nation. Trump is hostile against his allies, and advocates unilateralism. So Beijing guessed that the West would not let US do everything as she wishes.

5. USā€™s response can be diverse. In addition, the election in Nov is coming soon, many class of politicians will play the anti China card, but as they only targets on votes, they might do something totally opposite. CCP, based on their understanding on humanity, thinks that US at most will sanction a few second class officials (such as Xinjiang CCP secretary Chen Qhuanguo) and CCP could just comfort the related parties with their power. But when it comes to rejecting HKā€™s status as separate custom territory, and more so financial wars, CCP believes the politicians will not act at the expense of their own.

Full translation:
https://telegra.ph/The-National-security-law-the-Second-handover-in-the-eyes-of-China-and-the-twenty-steps-05-26

Source: Simon Shenā€™s Facebook

#US #UK #NationalSecurityLaw #Pandemic #Globalization #DSE #Election #Sanction #CCP #YellowEconomy #FreedomOfPress #OneCountryTwoSystem #WhiteTerror #ChinesePropaganda #HongKongProtest #Article23