#Newspaper
Chinese Students Barred From Using Common Computer Code As US Sanctions Bite
Students at two Harbin educational facilities recently discovered that they no longer have access to MATLAB, a widely used coding language for technical computing.
MathWorks, the company that developed MATLAB, said that they are prohibited from providing technical or customer support to the two institutions due to U.S. government regulations as the two institutions are listed as ones that posed a risk of procuring items for military end-use in China.
This change is believed to have far-reaching implications for scientific research at the two Chinese institutions, with one implication being how students and staff can no longer publish research papers or carry out commercial projects using MATLAB.
Full Article: CX Tech News, (11-Jun)
https://bit.ly/3fopu5c
#USChinarelations #USSanctions #MATLAB
Chinese Students Barred From Using Common Computer Code As US Sanctions Bite
Students at two Harbin educational facilities recently discovered that they no longer have access to MATLAB, a widely used coding language for technical computing.
MathWorks, the company that developed MATLAB, said that they are prohibited from providing technical or customer support to the two institutions due to U.S. government regulations as the two institutions are listed as ones that posed a risk of procuring items for military end-use in China.
This change is believed to have far-reaching implications for scientific research at the two Chinese institutions, with one implication being how students and staff can no longer publish research papers or carry out commercial projects using MATLAB.
Full Article: CX Tech News, (11-Jun)
https://bit.ly/3fopu5c
#USChinarelations #USSanctions #MATLAB
Caixinglobal
Trending in China: Chinese Students Barred From Using Common Computer Code As US Sanctions Bite
#BREAKING #USSanctions
US to Sanction PRC and HK Officials for Undermining HK Autonomy
The US Treasury has released a press release on Friday, announcing sanctions on eleven individuals for undermining Hong Kong's autonomy and restricting the freedom of expression and assembly of Hong Kongers. The eleven of them consists of officials from the People's Republic of China and Hong Kong.
The Treasury is currently sanctioning Carrie Lam, Chris Tang, Stephen Lo, John Lee Ka-chiu, Teresa Cheng, Erick Tsang, Xia Baolong, Zhang Xiaoming, Luo Huining, Zheng Yanxiong, and Eric Chan.
“The United States stands with the people of Hong Kong and we will use our tools and authorities to target those undermining their autonomy,” said Secretary of the Treasury Steven T. Mnuchin.
Understand more about the sanctions by reading the full press release here: https://home.treasury.gov/news/press-releases/sm1088
Further Reading:
U.S. Sanctions Hong Kong’s Carrie Lam Over China Crackdown — Bloomburg
https://www.bloombergquint.com/politics/u-s-poised-to-sanction-hong-kong-chief-carrie-lam-for-crackdown
#Aug7 #US #Sanction #CarrieLam
US to Sanction PRC and HK Officials for Undermining HK Autonomy
The US Treasury has released a press release on Friday, announcing sanctions on eleven individuals for undermining Hong Kong's autonomy and restricting the freedom of expression and assembly of Hong Kongers. The eleven of them consists of officials from the People's Republic of China and Hong Kong.
The Treasury is currently sanctioning Carrie Lam, Chris Tang, Stephen Lo, John Lee Ka-chiu, Teresa Cheng, Erick Tsang, Xia Baolong, Zhang Xiaoming, Luo Huining, Zheng Yanxiong, and Eric Chan.
“The United States stands with the people of Hong Kong and we will use our tools and authorities to target those undermining their autonomy,” said Secretary of the Treasury Steven T. Mnuchin.
Understand more about the sanctions by reading the full press release here: https://home.treasury.gov/news/press-releases/sm1088
Further Reading:
U.S. Sanctions Hong Kong’s Carrie Lam Over China Crackdown — Bloomburg
https://www.bloombergquint.com/politics/u-s-poised-to-sanction-hong-kong-chief-carrie-lam-for-crackdown
#Aug7 #US #Sanction #CarrieLam
Bloomberg | Quint
U.S. Sanctions Hong Kong’s Chief Carrie Lam Over China Crackdown
The U.S. is placing sanctions on 11 Chinese officials and their allies in Hong Kong, including Chief Executive Carrie Lam.
#Story #USsanctions #Iran
[Travel Reflections] Iranian friend worried for Hongkongers facing US sanctions
“I heard that Hong Kong is sanctioned by the United States. Is it true?” On the other side of the telephone was the voice of my Iranian friend in a worried tone.
I was caught off guard by the question, hesitated for a few seconds and then responded, “Probably yes...”
“What to do then? It’s no joking being sanctioned by the United States. Just look at our situation…. Do you need help?”
https://telegra.ph/Travel-Reflections-Iranian-friend-worried-for-Hongkongers-facing-US-sanctions-10-20
[Travel Reflections] Iranian friend worried for Hongkongers facing US sanctions
“I heard that Hong Kong is sanctioned by the United States. Is it true?” On the other side of the telephone was the voice of my Iranian friend in a worried tone.
I was caught off guard by the question, hesitated for a few seconds and then responded, “Probably yes...”
“What to do then? It’s no joking being sanctioned by the United States. Just look at our situation…. Do you need help?”
https://telegra.ph/Travel-Reflections-Iranian-friend-worried-for-Hongkongers-facing-US-sanctions-10-20
Telegraph
[Travel Reflections] Iranian friend worried for Hongkongers facing US sanctions
Author： Kim Fan Wong
Hong Kong leader says she has “piles of cash at home”, no bank account, due to U.S. sanctions
Hong Kong Chief Executive Carrie Lam told HKIBC, an English-language news channel based in Hong Kong, “I have piles of cash at home, the government is paying me cash for salary because I don’t have a bank account.”
She is unable to open account after being targeted by U.S. sanctions. The Treasury Department said the sanctions were a respond to “draconian” national security legislation imposed in Hong Kong.
Some activists noted that it appeared to suggest that even Chinese banks were complying with American financial restrictions.
Lam is paid around 5.21 million Hong Kong dollars, roughly $672,000, a year, making her among the highest paid public officials in the world.
Source: The Washington Post #Nov28
https://www.washingtonpost.com/world/2020/11/28/carrie-lam-cash-sanctions/
#HongKong #CarrieLam #USSanctions #NSL
Hong Kong Chief Executive Carrie Lam told HKIBC, an English-language news channel based in Hong Kong, “I have piles of cash at home, the government is paying me cash for salary because I don’t have a bank account.”
She is unable to open account after being targeted by U.S. sanctions. The Treasury Department said the sanctions were a respond to “draconian” national security legislation imposed in Hong Kong.
Some activists noted that it appeared to suggest that even Chinese banks were complying with American financial restrictions.
Lam is paid around 5.21 million Hong Kong dollars, roughly $672,000, a year, making her among the highest paid public officials in the world.
Source: The Washington Post #Nov28
https://www.washingtonpost.com/world/2020/11/28/carrie-lam-cash-sanctions/
#HongKong #CarrieLam #USSanctions #NSL
#USSanctions
China regulators reportedly meet banks to discuss protecting assets from US sanctions
Source: news.com.au #May3
#USSanctions #UkraineInvasion #ChineseAssets #CCP
China regulators reportedly meet banks to discuss protecting assets from US sanctions
Source: news.com.au #May3
#USSanctions #UkraineInvasion #ChineseAssets #CCP
#USSanctions
China regulators reportedly meet banks to discuss protecting assets from US sanctions
Chinese regulators held an emergency meeting with domestic and foreign banks last month to discuss protecting trillions of dollars in overseas assets from US-led #sanctions similar to those imposed on Russia, according to a report.
The Financial Times reports the April 22 meeting between representatives from China’s central bank and finance ministry, and executives from all large banks operating in China, was called because Chinese officials are worried similar action could be taken against Beijing in the event of a regional military conflict.
While the officials and attendees did not mention specific scenarios, according to the report, the most likely trigger for international sanctions is thought to be a Chinese invasion of #Taiwan.
“If China attacks Taiwan, decoupling of the Chinese and western economies will be far more severe than [decoupling with] Russia because China’s economic footprint touches every part of the world,” one of the people briefed on the meeting told the Financial Times.
According to the Financial Times report, senior Chinese regulators asked bankers at the meeting what could be done to protect China’s overseas assets, especially its $US3.2 trillion in foreign reserves.
China holds more than $US1 trillion in US Treasury bonds and owns huge amounts of real estate, including major New York office buildings and hotels.
“No one on site could think of a good solution to the problem,” another person briefed on the meeting told the newspaper. “China’s banking system isn’t prepared for a freeze of its dollar assets or exclusion from the Swift messaging system as the US has done to Russia.”
Source: news.com.au #May3
https://www.news.com.au/finance/economy/world-economy/china-regulators-reportedly-meet-banks-to-discuss-protecting-assets-from-us-sanctions/news-story/ac62b7e110bd4ebd046e09410bc7bbae
#USSanctions #UkraineInvasion #ChineseAssets #CCP
China regulators reportedly meet banks to discuss protecting assets from US sanctions
Chinese regulators held an emergency meeting with domestic and foreign banks last month to discuss protecting trillions of dollars in overseas assets from US-led #sanctions similar to those imposed on Russia, according to a report.
The Financial Times reports the April 22 meeting between representatives from China’s central bank and finance ministry, and executives from all large banks operating in China, was called because Chinese officials are worried similar action could be taken against Beijing in the event of a regional military conflict.
While the officials and attendees did not mention specific scenarios, according to the report, the most likely trigger for international sanctions is thought to be a Chinese invasion of #Taiwan.
“If China attacks Taiwan, decoupling of the Chinese and western economies will be far more severe than [decoupling with] Russia because China’s economic footprint touches every part of the world,” one of the people briefed on the meeting told the Financial Times.
According to the Financial Times report, senior Chinese regulators asked bankers at the meeting what could be done to protect China’s overseas assets, especially its $US3.2 trillion in foreign reserves.
China holds more than $US1 trillion in US Treasury bonds and owns huge amounts of real estate, including major New York office buildings and hotels.
“No one on site could think of a good solution to the problem,” another person briefed on the meeting told the newspaper. “China’s banking system isn’t prepared for a freeze of its dollar assets or exclusion from the Swift messaging system as the US has done to Russia.”
Source: news.com.au #May3
https://www.news.com.au/finance/economy/world-economy/china-regulators-reportedly-meet-banks-to-discuss-protecting-assets-from-us-sanctions/news-story/ac62b7e110bd4ebd046e09410bc7bbae
#USSanctions #UkraineInvasion #ChineseAssets #CCP
news
Ominous meeting hints at China invasion
<p>Chinese regulators held an emergency meeting with domestic and foreign banks last month to discuss protecting trillions of dollars in overseas assets from US-led sanctions similar to those imposed on Russia, according to a report.</p>