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Pressurized by Beijing?: John Hopkins University Groups Hong Kong and Taiwan Under China

John Hopkins University runs an interactive map indicating the development of the coronavirus outbreak around the world. Since xx, statistics in Hong Kong and Taiwan were merged and placed under China.

The sudden change has cause discontent among people in Hong Kong and Taiwan. Taiwanese netizens left comments on the facebook of the university: Some pointed out that Taiwan is not a part of China; some indicated that one needs a visa to travel between the two places; some reminded that the CIA website does differentiate Taiwan from China. John Hopkins University did not responded to these posts, nor the inquiry sent from Hong Kong's Stand News concerning whether the decision was made under the pressure of China.

Source: Stand News #Mar11
#Coronavirus #JohnHopkins #ChinaPolicy #HongKong #Taiwan
#ChinaPolicy
International Politicians Respond to China’s Enforcement of the National Security Law in Hong Kong by Forming the “Inter-Parliamentary Alliance on China”

The Hong Kong version of the “National Security Law” implemented by the National People’s Congress has aroused international heightened concerns. Senators and politicians around the globe have united and initiated the formation of an “Inter-Parliamentary Alliance on China” to counter the ambitions of the Chinese Communist Party.

Within a week, 104 senators and politicians from different countries have already joined the Alliance. These members belong to 13 different nations, with new members from Italy, The Netherlands, Lithuania, and the Czech Republic. It has been anticipated that 3 more countries will join the Alliance within the next week.

The spokesman for the Alliance stated that all members have agreed to a set of accords drafted by the Alliance prior to joining, and vows to enact more drastic measures towards China within government bodies of their respective countries.

Source: Apple Daily #Jun4
https://bit.ly/3hoB2aG

#NationalSecurityLaw #IPAC
#InternationalRelations
#Economy #Audit #Finance #ChinaPolicy #ChineseCompanies #US
#Trump Administration Advisors: Chinese Companies Must Comply with US Audit Requirements by 2022 or Risk Getting Delisted

Source: Stand News #Aug07
#TreasurySecretary #Mnuchin
#PublicCompanyAccountingOversightBoard #PresidentWorkingGroups

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https://t.me/guardiansofhongkong/24299
#Economy #Finance #Audit #ChinaPolicy #ChineseCompanies #US
#Trump Administration Advisors: Chinese Companies Must Comply with US Audit Requirements by 2022 or Risk Getting Delisted
 
The Trump administration advisers have proposed to President Trump that Chinese companies shall lose their listings on the US stock markets if they do not comply with US audit requirements by 2022.
 
The US Senate has already passed a bill in May 2020 requiring the Public Company Accounting Oversight Board (#PCAOB) to audit foreign listed companies.  If the relevant companies fail to comply for three consecutive years, the companies will be forced to give up their listings. The Wall Street Journal has reported that the President’s Working Group (#PWG) on Financial Markets, chaired by Treasury Secretary Mnuchin, has announced at a briefing on August 6th that they have completed a report on how to protect American investors.  At the briefing, the officials from the treasury department stated that Chinese companies currently listed on the US exchanges must disclose their accounts to the PCAOB, and that Chinese companies will be delisted from US stock markets if they fail to meet these audit requirements by 2022.  In other words, Chinese companies currently listed in the US still have more than a year to prepare their audits. 
 
According to a Reuters report, Chinese companies preparing to go public on the US exchanges must comply with the new audit regulations.  The report also states that Chinese firms can opt for a “co-audit” through U.S. accounting firms with China-based affiliates.
 
Source: Stand News #Aug07
#TreasurySecretary #Mnuchin
#PublicCompanyAccountingOversightBoard #PresidentWorkingGroups

https://thestandnews.com/finance/%E8%8F%AF%E5%BA%9C%E9%A1%A7%E5%95%8F-%E5%88%B0-2022-%E5%B9%B4%E4%BB%8D%E6%9C%AA%E7%AC%A6%E7%BE%8E%E5%AF%A9%E8%A8%88%E8%A6%81%E6%B1%82%E7%9A%84%E4%B8%AD%E8%B3%87%E4%BC%81%E6%A5%AD%E8%A6%81%E9%99%A4%E7%89%8C/