#FirstHand #Sept7
Police arrests Hong Kong Journalists Association's Chair
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Police arrests Hong Kong Journalists Association's Chair
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#FirstHand #Sept7
Police Arrests Hong Kong Journalists Association's Chair
On September 7, 2022, veteran journalist and chairman of Hong Kong Journalists Association (#HKJA) #RonsonChan was arrested in Hong Kong for "obstructing police officers and disorder in public place".
It was reported that Chan and a photographer were on their way to a press briefing in Mong Kok, where they were intercepted by two plainclothes police officers for no apparent reason.
As Chan asked the officers for
police ID, they refused and accused Chan of being not cooperative. Within minutes, he was warned for multiple times and arrested.
Before mid-night, Chan was released on bail after being held at the Mong Kok police station for about 11 hours.
In an interview with local press, Chan told reporters that one of the police officers scoffed at him, "HKJA is trash". Later, he also taunted that "when will you die?"
Chan recited that his wrist was being forcefully held together, leaving a visible bruise mark.
Source: #FirstHand #Sept7
#PoliceState #Journalism #PressFreedom
Police Arrests Hong Kong Journalists Association's Chair
On September 7, 2022, veteran journalist and chairman of Hong Kong Journalists Association (#HKJA) #RonsonChan was arrested in Hong Kong for "obstructing police officers and disorder in public place".
It was reported that Chan and a photographer were on their way to a press briefing in Mong Kok, where they were intercepted by two plainclothes police officers for no apparent reason.
As Chan asked the officers for
police ID, they refused and accused Chan of being not cooperative. Within minutes, he was warned for multiple times and arrested.
Before mid-night, Chan was released on bail after being held at the Mong Kok police station for about 11 hours.
In an interview with local press, Chan told reporters that one of the police officers scoffed at him, "HKJA is trash". Later, he also taunted that "when will you die?"
Chan recited that his wrist was being forcefully held together, leaving a visible bruise mark.
Source: #FirstHand #Sept7
#PoliceState #Journalism #PressFreedom
#DeutscheBank CEO warns recession is inevitable, says #Germany must cut reliance on #China
Source: CNBC #Sept7
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Source: CNBC #Sept7
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#DeutscheBank CEO warns recession is inevitable, says #Germany must cut reliance on #China
//The German economy stagnated in the second quarter, while producer price inflation hit a record high in July. The German finance ministry cited reduced gas supplies from Russia, rising costs of energy and other goods, and persistent supply chain disruptions in part due to China's "zero-Covid" policy...
"When it comes to dependencies, we also have to face the awkward question of how to deal with China. Its increasing isolation and growing tensions, especially between China and the United States, pose a considerable risk for Germany," Sewing said, adding that China had become a "cornerstone" of the German economy.
He highlighted that China accounts for around 8% of German exports and 12% of imports, while more than one-tenth of the sales of companies listed on the country's DAX stock index go to China, adding that the pandemic made clear the extent to which German supply chains rely on Russia.
"Reducing this dependency will require a change no less fundamental than decoupling from Russian energy," he said.//
Source: CNBC #Sept7
https://www.cnbc.com/2022/09/07/deutsche-bank-ceo-warns-of-recession-says-germany-must-cut-china-reliance.html
#Inflation #Recession #WorldEconomy
//The German economy stagnated in the second quarter, while producer price inflation hit a record high in July. The German finance ministry cited reduced gas supplies from Russia, rising costs of energy and other goods, and persistent supply chain disruptions in part due to China's "zero-Covid" policy...
"When it comes to dependencies, we also have to face the awkward question of how to deal with China. Its increasing isolation and growing tensions, especially between China and the United States, pose a considerable risk for Germany," Sewing said, adding that China had become a "cornerstone" of the German economy.
He highlighted that China accounts for around 8% of German exports and 12% of imports, while more than one-tenth of the sales of companies listed on the country's DAX stock index go to China, adding that the pandemic made clear the extent to which German supply chains rely on Russia.
"Reducing this dependency will require a change no less fundamental than decoupling from Russian energy," he said.//
Source: CNBC #Sept7
https://www.cnbc.com/2022/09/07/deutsche-bank-ceo-warns-of-recession-says-germany-must-cut-china-reliance.html
#Inflation #Recession #WorldEconomy
CNBC
Deutsche Bank CEO warns recession is inevitable, says Germany must cut reliance on China
Deutsche Bank CEO Christian Sewing has warned that a recession in Germany is inevitable, and urged the country's leaders to accelerate its decoupling from China.
#Remembrance #RIP #QueenElizabethII
Buckingham Palace Surrounded by Flowers and Mourning Crowds
On September 9, citizens came from across Britain to London's Buckingham Palace to pay tributes to their beloved late Queen Elizabeth II, who passed away on Sept 8 after an historic seven decades on the British throne. Light rain showers throughout the day did not deter the mourning crowds; many held up umbrellas as they continued to pay their respects.
As a continuous stream of citizens came to pay their respect at the Royal residences, crowd controls measures are put in place to guide the public to lay their flowers at nearby Green Park and Hyde Park. In addition to colorful flower bouquets, many citizens also left carefully written notes expressing their love and gratitude to the departed Queen.
source: #firsthand; #Sept9
Buckingham Palace Surrounded by Flowers and Mourning Crowds
On September 9, citizens came from across Britain to London's Buckingham Palace to pay tributes to their beloved late Queen Elizabeth II, who passed away on Sept 8 after an historic seven decades on the British throne. Light rain showers throughout the day did not deter the mourning crowds; many held up umbrellas as they continued to pay their respects.
As a continuous stream of citizens came to pay their respect at the Royal residences, crowd controls measures are put in place to guide the public to lay their flowers at nearby Green Park and Hyde Park. In addition to colorful flower bouquets, many citizens also left carefully written notes expressing their love and gratitude to the departed Queen.
source: #firsthand; #Sept9
#US bans āadvanced techā firms from building facilities in #China for a decade
//US technology firms that receive government funding will be banned from building āadvanced technology facilitiesā in China for a decade, the Biden administration has announced, as it outlined plans to increase domestic production of semiconductors.
The requirements come under the US governmentās near-$53bn (Ā£46bn) plan to scale up manufacturing of semiconductor chips ā the ābrainā in every electronic device from cars to household appliances ā which are predominantly produced in Asia.
The US Chips and Science Act (#Chips), approved by Congress in August, is part of the American response to a long-running technological dispute between Washington and Beijing, as US firms demand more government support to reduce reliance on components produced in Chinese factories...
The Chips Act commits a total of $280bn to hi-tech manufacturing and research, and is designed to increase the USās competitiveness with China.
The US crackdown on the sale of technology to China has already begun to have an impact, with the US chip designer Nvidia disclosing last week that it had been told by US officials to stop exporting two top computing chips for artificial intelligence work to China.//
Source: The Guardian #Sept7
#IntellectualProperty #Technology
//US technology firms that receive government funding will be banned from building āadvanced technology facilitiesā in China for a decade, the Biden administration has announced, as it outlined plans to increase domestic production of semiconductors.
The requirements come under the US governmentās near-$53bn (Ā£46bn) plan to scale up manufacturing of semiconductor chips ā the ābrainā in every electronic device from cars to household appliances ā which are predominantly produced in Asia.
The US Chips and Science Act (#Chips), approved by Congress in August, is part of the American response to a long-running technological dispute between Washington and Beijing, as US firms demand more government support to reduce reliance on components produced in Chinese factories...
The Chips Act commits a total of $280bn to hi-tech manufacturing and research, and is designed to increase the USās competitiveness with China.
The US crackdown on the sale of technology to China has already begun to have an impact, with the US chip designer Nvidia disclosing last week that it had been told by US officials to stop exporting two top computing chips for artificial intelligence work to China.//
Source: The Guardian #Sept7
#IntellectualProperty #Technology
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Three days after the passing of Queen Elizabeth II, Hongkongers continue to flock to the British consulate in Central to mourn the departure of the "Boss Lady" -Hongkongers' affectionate nickname for the Queen of this former British colony.
source: #Firsthand
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source: #Firsthand
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Three days after the passing of Queen Elizabeth II, Hongkongers continue to flock to the British consulate in Central to mourn the departure of the "Boss Lady" -Hongkongers' affectionate nickname for the Queen of this former British colony.
Thousands of citizens braved the late summer heat to bring flowers and hand-crafted tributes to the ever-growing display outside the consulate, a testament to the city's fondness for the late Queen. The long queue extended along the hilly road and through the nearby Hong Kong Park, reaching Cotton Tree Drive 600m away in the afternoon.
Though the queue to sign the condolence book was closed by 4pm, many were still patiently queuing into the evening to lay down flowers. Towards the rear of the line is Grandma Wong, a familiar face at many rallies and protests in 2019, sporting her signature yellow umbrella and mask decorated with the British flag.
The consulate had extended hours for signing the condolence book on Friday and Monday, to 19:00 and 12:00 respectively, to accommodate the many Hongkongers coming out to pay their respects.
source: #Firsthand
#RIP #QueenElizabethII
Thousands of citizens braved the late summer heat to bring flowers and hand-crafted tributes to the ever-growing display outside the consulate, a testament to the city's fondness for the late Queen. The long queue extended along the hilly road and through the nearby Hong Kong Park, reaching Cotton Tree Drive 600m away in the afternoon.
Though the queue to sign the condolence book was closed by 4pm, many were still patiently queuing into the evening to lay down flowers. Towards the rear of the line is Grandma Wong, a familiar face at many rallies and protests in 2019, sporting her signature yellow umbrella and mask decorated with the British flag.
The consulate had extended hours for signing the condolence book on Friday and Monday, to 19:00 and 12:00 respectively, to accommodate the many Hongkongers coming out to pay their respects.
source: #Firsthand
#RIP #QueenElizabethII
Chinese delegation barred from viewing Queen Elizabethās coffin in parliament
A Chinese government delegation has been refused permission by the House of Commons authorities to attend the queenās lying-in-state, opening a fresh diplomatic rift with Beijing.
House of Commons Speaker Lindsay Hoyle has told colleagues he declined a request for Chinese officials to be allowed to access Westminster Hall, where the late queen will lie in state until her funeral on Monday, a senior parliamentary figure familiar with the matter told POLITICO. Hoyleās office said it did not comment on security matters.
Source: Politico #Sep16
#Queen #Elizabeth #Chinese #Beijing #WestminsterHall
https://www.politico.eu/article/chinese-delegation-barred-from-viewing-queen-elizabeths-coffin-in-parliament/
A Chinese government delegation has been refused permission by the House of Commons authorities to attend the queenās lying-in-state, opening a fresh diplomatic rift with Beijing.
House of Commons Speaker Lindsay Hoyle has told colleagues he declined a request for Chinese officials to be allowed to access Westminster Hall, where the late queen will lie in state until her funeral on Monday, a senior parliamentary figure familiar with the matter told POLITICO. Hoyleās office said it did not comment on security matters.
Source: Politico #Sep16
#Queen #Elizabeth #Chinese #Beijing #WestminsterHall
https://www.politico.eu/article/chinese-delegation-barred-from-viewing-queen-elizabeths-coffin-in-parliament/
ADB: China Can Probably Stand On Its Own
source: Global Finance #Sep15
https://www.gfmag.com/magazine/september-2022/china-asia-development-bank-loans-end
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source: Global Finance #Sep15
https://www.gfmag.com/magazine/september-2022/china-asia-development-bank-loans-end
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ADB: China Can Probably Stand On Its Own
In a sign of China's rising strength, the Asian Development Bank announced it may stop lending to the world's second largest economy.
The Asian Development Bank, the Manila-headquartered multilateral lender, may end loans to China in a move being characterized as more about the maturity of Chinaās economyānow the worldās second-largestāthan political posturing. In a recent interview, ADB President Masatsugu Asakawa said a reassessment of whether China still meets the development criteria for further loans could start as early as next year.
Some analysts say the move has a political dimension and is symbolic of the estrangement between China and the West as well as a tectonic shift in geopolitical alliances. In 2016 China created its own infrastructure bankāthe Asian Infrastructure Investment Bankābut the US and Japan notably declined to join. At just under 7%, Russia is the third-largest contributor to the AIIBās coffers, after China and India, according to the AIIBās website.
Although the AIIBās role in has been described as complementary to ADBās, the fact that it is offering financial assistance to other countries calls into question Chinaās need for further aid. When development loans are monopolized by economic superpowers, it promotes economic imbalances that hold countries back, says David Baxter, a sustainable development consultant.
āIt is important that aid loans go to countries that really need it,ā he says. āChina does not.ā
source: Global Finance #Sep15
https://www.gfmag.com/magazine/september-2022/china-asia-development-bank-loans-end
#Sept1 #ChinaEconomy #BeltAndRoad
In a sign of China's rising strength, the Asian Development Bank announced it may stop lending to the world's second largest economy.
The Asian Development Bank, the Manila-headquartered multilateral lender, may end loans to China in a move being characterized as more about the maturity of Chinaās economyānow the worldās second-largestāthan political posturing. In a recent interview, ADB President Masatsugu Asakawa said a reassessment of whether China still meets the development criteria for further loans could start as early as next year.
Some analysts say the move has a political dimension and is symbolic of the estrangement between China and the West as well as a tectonic shift in geopolitical alliances. In 2016 China created its own infrastructure bankāthe Asian Infrastructure Investment Bankābut the US and Japan notably declined to join. At just under 7%, Russia is the third-largest contributor to the AIIBās coffers, after China and India, according to the AIIBās website.
Although the AIIBās role in has been described as complementary to ADBās, the fact that it is offering financial assistance to other countries calls into question Chinaās need for further aid. When development loans are monopolized by economic superpowers, it promotes economic imbalances that hold countries back, says David Baxter, a sustainable development consultant.
āIt is important that aid loans go to countries that really need it,ā he says. āChina does not.ā
source: Global Finance #Sep15
https://www.gfmag.com/magazine/september-2022/china-asia-development-bank-loans-end
#Sept1 #ChinaEconomy #BeltAndRoad
Global Finance
ADB: China Can Probably Stand On Its Own
In a sign of China's rising strength, the Asian Development Bank announced it may stop lending to the world's second largest economy.
Student Councils of 8 universities in Hong Kong: reassembly, moving out and negotiating with the school ā what is left under restricting circumstances
Source: Inmedia #Sep03
https://bit.ly/3RykEWk
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Source: Inmedia #Sep03
https://bit.ly/3RykEWk
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Student Councils of 8 universities in Hong Kong: reassembly, moving out and negotiating with the school ā what is left under restricting circumstances
Among the 8 universities in Hong Kong, 4 have already publicly refused to recognise their respective student councils, 6 have reclaimed spaces in which the councils used to station, and the remaining students councils of 2 universities, although are still given chances to stay within the campus, are required to collect membership fee on their own, leaving them vulnerable to financial crisis.
Before the school year commences, inmediahk interviewed the current- and ex-members of student councils from all these 8 universities, to review the past year, how their relationships with the school have shifted, and to talk about the situation they are in at the moment.
As tough as the reality can be, it is not sufficient to break these membersā spirits. Some said they wanted to reassembly the student council, that they would āsurvive despite the darkness around usā; some said they would strive their best to āhang onto the āstudents-autonomyā principleā, to āfight for better policiesā, to āshed their last bit of tearsā; some said they didnāt mind being called the āwelfare societyā, as long as they could secure the council itself, that they just wanted the council to āstill be there when they graduate, or even a few years afterā.
Source: Inmedia #Sep03
https://bit.ly/3RykEWk
#Student #Councils #University #HongKong
Among the 8 universities in Hong Kong, 4 have already publicly refused to recognise their respective student councils, 6 have reclaimed spaces in which the councils used to station, and the remaining students councils of 2 universities, although are still given chances to stay within the campus, are required to collect membership fee on their own, leaving them vulnerable to financial crisis.
Before the school year commences, inmediahk interviewed the current- and ex-members of student councils from all these 8 universities, to review the past year, how their relationships with the school have shifted, and to talk about the situation they are in at the moment.
As tough as the reality can be, it is not sufficient to break these membersā spirits. Some said they wanted to reassembly the student council, that they would āsurvive despite the darkness around usā; some said they would strive their best to āhang onto the āstudents-autonomyā principleā, to āfight for better policiesā, to āshed their last bit of tearsā; some said they didnāt mind being called the āwelfare societyā, as long as they could secure the council itself, that they just wanted the council to āstill be there when they graduate, or even a few years afterā.
Source: Inmedia #Sep03
https://bit.ly/3RykEWk
#Student #Councils #University #HongKong