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The Stand News looked into the records of the Census and Statistics Department, the number of births in Hong Kong has been on the rise since 2005, and even rose to the peak in 2011-2012, staying at 95,300 and 93,200 births for two consecutive years, with a crude birth rate as high as 13.5 and 12.9, i.e. 12 to 13 births per 1,000 people in these two years. Among them, the number of "doubly non-permanent resident babies" in Hong Kong in 2011 was as high as 35,736. Subsequently, following the halt of the policy on doubly non-permanent resident children, the number of births dropped by 20% to 74,400 in 2013 and has been declining ever since.

Source: Stand News
https://bit.ly/2Fiq6MZ
Translated by: Hong Kong Echo

#BirthRate #Population
Drop in Xinjiang birthrate largest in recent history: report

Xinjiang in far western China had the sharpest known decline in birthrates between 2017 and 2019 of any territory in recent history, according to a new analysis by an Australian think tank.

The report from the Australian Strategy Policy Institute, obtained exclusively ahead of publication by The Associated Press, showed the 48.74% decline was concentrated in areas with many Uyghurs, Kazakhs and other largely Muslim ethnic minorities, based on Chinese government statistics over nearly a decade.

Source: AP News #May13

https://t.co/GM5V3meddu

#Xinjiang #Uyghur #Kazakh #Muslim #Birthrate
#Economy #CCP
#GeorgeSoros: Xi’s crackdown on private enterprise shows he does not understand the market economy

The following is an article written by George Soros, the chair and founder of #SorosFundManagement and the #OpenSocietyFoundations and was published in Financial Times.

//Xi Jinping, China’s leader, has collided with economic reality. His crackdown on private enterprise has been a significant drag on the economy.

The most vulnerable sector is real estate, particularly housing. China has enjoyed an extended property boom over the past two decades, but that is now coming to an end.

Evergrande, the largest real estate company, is over-indebted and in danger of default. This could cause a crash. 

The crackdown by the Chinese government is real. Unnoticed by the financial markets, the Chinese government quietly took a stake and a board seat in TikTok owner ByteDance in April. The move gives Beijing one seat on a three-person board of directors and first-hand access to the inner workings of a company that has one of the world’s largest troves of personal data. The market is more aware that the Chinese government is taking influential stakes in Alibaba and its subsidiaries. 

Xi does not understand how markets operate. As a consequence, the sell-off was allowed to go too far. It began to hurt China’s objectives in the world. Recognising this, Chinese financial authorities have gone out of their way to reassure foreign investors and markets have responded with a powerful rally. But that is a deception.

Xi regards all Chinese companies as instruments of a one-party state. Investors buying into the rally are facing a rude awakening. That includes not only those investors who are conscious of what they are doing, but also a much larger number of people who have exposure via pension funds and other retirement savings...//

Read the full article:
https://www.ft.com/content/ecf7de34-e595-4814-9cbd-4a5119187330

Source: Financial Times #Aug30

#Crackdown #PropertyMarket #CommunistChina #Birthrate #Tiktok #Alibaba #Evergrande