Archive for ‘trading’

22/05/2020

NPC: China begins move to impose controversial Hong Kong security law

Shoppers walking past a broadcast of Chinese Premier Li Keqiang delivering his speech at the opening of the NPCImage copyright AFP / GETTY
Image caption Shoppers walking past a broadcast of Chinese Premier Li Keqiang delivering his speech at the opening of the NPC on Thursday

China’s ruling Communist Party has set in motion a controversial national security law for Hong Kong, a move seen as a major blow to the city’s freedoms.

The law to ban “treason, secession, sedition and subversion” could bypass Hong Kong’s lawmakers.

Critics say China is breaking its promise to allow Hong Kong freedoms not seen elsewhere in China.

It is likely to fuel public anger and may even trigger fresh protests and demands for democratic reform.

The plan was submitted at the annual National People’s Congress (NPC), which largely rubber-stamps decisions already taken by the Communist leadership, but is still the most important political event of the year.

Hong Kong, a semi-autonomous region and an economic powerhouse, was always meant to have introduced such laws after the handover from British control to Chinese rule in 1997.

After last year’s wave of sustained and violent protest, Beijing is now attempting to push them through, arguing “law-based and forceful measures” must be taken to “prevent, stop and punish” such protests in the future.

On Friday, Hong Kong’s government said it would co-operate with Beijing to enact the law, adding it would not affect the city’s freedoms.

What is in Beijing’s proposed law?

The “draft decision” – as it is known before approval by the NPC – was explained by Wang Chen, vice chairman of the Standing Committee of the NPC.

It consists of an introduction and seven articles. Article 4 may prove the most controversial.

That article says Hong Kong “must improve” national security, before adding: “When needed, relevant national security organs of the Central People’s Government will set up agencies in Hong Kong to fulfil relevant duties to safeguard national security in accordance with the law.”

China could essentially place this law into Annex III of the Basic Law, which covers national laws that must be implemented in Hong Kong – either by legislation, or decree.

Addressing the congress, Premier Li Keqiang spoke of the economic impact of the coronavirus and on Hong Kong and Macau said: “We’ll establish sound legal systems and enforcement mechanisms for safeguarding national security in the two Special Administrative Regions.”

What do opponents say the dangers are?

Hong Kong is what is known as a “special administrative region” of China.

It has observed a “one country, two systems” policy since Britain returned sovereignty in 1997, which has allowed it certain freedoms the rest of China does not have.

Pro-democracy activists fear that China pushing through the law could mean “the end of Hong Kong” – that is, the effective end of its autonomy and these freedoms.

Last year’s mass protests in Hong Kong were sparked by a bill that would have allowed extraditions to mainland China.

Media caption Former Hong Kong governor Chris Patten: “UK should tell China this is outrageous”

The bill was paused, then withdrawn – but the protests continued until the virus outbreak at the end of the year.

The US has also weighed in, with President Trump saying the US would react strongly if it went through – without giving details.

It is currently considering whether to extend Hong Kong’s preferential trading and investment privileges.

Why is China doing this?

Mr Wang said the security risks had become “increasingly notable” – a reference to last year’s protests.

“Considering Hong Kong’s situation at present, efforts must be made at the state-level to establish and improve the legal system and enforcement mechanisms,” he is quoted as saying in state media.

Media caption The BBC’s Helier Cheung on Hong Kong’s 2019 protests

Beijing may also fear September’s elections to Hong Kong’s legislature.

If last year’s success for pro-democracy parties in district elections is repeated, government bills could potentially be blocked.

What is Hong Kong’s legal situation?

Hong Kong was under British control for more than 150 years up to 1997.

The British and Chinese governments signed a treaty – the Sino-British Joint Declaration – that agreed Hong Kong would have “a high degree of autonomy, except in foreign and defence affairs”, for 50 years.

This was enshrined in the Basic Law, which runs out in 2047.

As a result, Hong Kong’s own legal system, borders, and rights – including freedom of assembly and free speech – are protected.

But Beijing has the ability to veto any changes to the political system and has, for example, ruled out direct election of the chief executive.

Media caption Uproar on Monday in Hong Kong’s legislature

Source: The BBC

21/04/2020

South Korea, China cast doubt on reports North Korean leader Kim gravely ill

SEOUL (Reuters) – South Korean and Chinese officials on Tuesday cast doubt on reports North Korean leader Kim Jong Un was ill after media outlets said he had undergone a cardiovascular procedure and was in “grave danger”.

Daily NK, a Seoul-based speciality website, reported late on Monday, citing one unnamed source in North Korea, that Kim was recovering after undergoing the procedure on April 12. The North Korean leader is believed to be about 36.

CNN cited a U.S. official with direct knowledge of the matter as saying Washington was “monitoring intelligence” that Kim was in grave danger after surgery. Bloomberg quoted an unnamed U.S. official as saying the White House was told that Kim took a turn for the worse after the surgery.

However, two South Korean government officials rejected the CNN report without elaborating on whether Kim had undergone surgery. The presidential Blue House said there were no unusual signs coming from the reclusive, nuclear-capable state.

Kim is the unquestioned leader of North Korea and the sole commander of its nuclear arsenal. He has no clear successor and any instability in the country could be a major international risk.

The state KCNA news agency gave no indication of the whereabouts of Kim in routine dispatches on Tuesday, but said he had sent birthday gifts to prominent citizens.

An official at the Chinese Communist Party’s International Liaison Department, which deals with North Korea, told Reuters the source did not believe Kim was critically ill. China is North Korea’s only major ally.

Chinese foreign ministry spokesman Geng Shuang said Beijing was aware of reports about the health of Kim, but said it does not know their source, without commenting on whether it has any information about the situation.

South Korean shares exposed to North Korea tumbled and the Korean won fell on the reports. The won traded down more than 1% against the dollar even as South Korean government sources said Kim was not gravely ill.

U.S. stock futures were trading 0.5% lower, but it was not clear how much of that weakness was owing to the collapse in U.S. oil prices and consequent concerns over global demand.

Daily NK said Kim had been admitted to hospital on April 12, just hours before the cardiovascular procedure, as his health had deteriorated since August due to heavy smoking, obesity and overwork.

It said he was now receiving treatment at a villa in the Mount Myohyang resort north of the capital Pyongyang.

“My understanding is that he had been struggling (with cardiovascular problems) since last August but it worsened after repeated visits to Mount Paektu,” a source was quoted as saying, referring to the country’s sacred mountain.

Accompanied by senior North Korean figures, Kim took two well-publicised rides on a stallion on the snowy slopes of the mountain in October and December.

KIM’S HEALTH KEY TO STABILITY

An authoritative U.S. source familiar with internal U.S. government reporting on North Korea questioned the CNN report that Kim was in “grave danger”.

“Any credible direct reporting having to do with Kim would be highly compartmented intelligence and unlikely to leak to the media,” a Korea specialist working for the U.S. government said on condition of anonymity.

Japan’s top government spokesman, Yoshihide Suga, declined to comment on the reports of Kim’s health.

“We are regularly gathering and analysing information about North Korea with great concern,” he said. “We will keep gathering and analysing information regarding North Korea by collaborating with other countries such as the U.S.”

Kim’s potential health issues could fuel uncertainty over the future of the reclusive state’s dynastic rule and stalled denuclearisation talks with the United States, issues in which Kim wields absolute authority.

With no details known about his young children, analysts say his sister and loyalists could form a regency until a successor is old enough to take over.

Speculation about Kim’s health first arose following his absence from the anniversary of the birthday of its founding father and Kim’s grandfather, Kim Il Sung, on April 15.

On April 12, North Korean state media reported that Kim Jong Un had visited an airbase and observed drills by fighter jets and attack aircraft.

Two days later North Korea launched multiple short-range anti-ship cruise missiles into the sea and Sukhoi jets fired air-to-surface missiles as part of military exercises.

The missile launches were part of the celebrations for Kim’s grandfather, Seoul officials said, but there was no North Korea state media report on his attendance or the tests.

Reporting from inside North Korea is notoriously difficult, especially on matters concerning the country’s leadership, given tight controls on information. There have been false and conflicting reports in the past on matters related to its leaders.

Kim is a third-generation hereditary leader who rules North Korea with an iron-fist, taking over the titles of head of state and commander in chief of the military since late 2011.

In recent years Kim has launched a diplomatic offensive to promote both himself as a world leader and his hermit kingdom, holding three meetings with U.S. President Donald Trump, four with South Korean President Moon Jae-in and five with China’s President Xi Jinping.

He was the first North Korean leader to cross the border into South Korea to meet Moon in 2018. Both Koreas are technically still at war, as the Korean War of 1950-53 ended in an armistice, not a peace treaty.

Kim has sought to have international sanctions against his country eased, but has refused to dismantle his nuclear weapons programme, a steadfast demand by the United States.

Source: Reuters

 

30/11/2019

Rediscovering the forgotten Indian artists of British India

A group of Indian troopers who fought for the English by Ghulam Ali Khan, 1815-16Image copyright PEMILLE KLEMP
Image caption A group of Indian troopers who fought for the English, Ghulam Ali Khan, 1815-16

The English East India Company, founded in 1600, was established for trading. But as the powerful multinational corporation expanded its control over India in the late 18th Century, it commissioned many remarkable artworks from Indian painters who had previously worked for the Mughals. Writer and historian William Dalrymple writes about these hybrid paintings which explore life and nature.

Calcutta in the late 1770s was Asia’s biggest boom town: known as the City of Palaces, the East India Company’s bridgehead in Bengal had doubled in size to 400,000 inhabitants in a decade.

It was now unquestionably the richest and largest colonial city in the East – though certainly not the most orderly.

“It would have been so easy to turn it into one of the most beautiful cities in the world,” wrote the Count de Modave, a friend of Voltaire who passed through at this time. “One cannot fathom why the English allowed everyone the freedom to build in the most bizarre taste, with the most outlandish planning.”

Nor were visitors much taken by its English inhabitants. Most had come East with just one idea: to amass a fortune in the quickest possible time.

Impey
Image caption An Indian trooper who fought for the English, Ghulam Ali Khan, 1819
Calcutta (now Kolkata) was a city where great wealth could be accumulated in a matter of months, then lost in minutes in a wager or at the whist table. Death, from disease or excess, was a commonplace, and the constant presence of mortality made men hard and callous.

Rising with Olympian detachment above the mercantile bawdiness of his contemporaries was the rotund figure of the chief justice of the new Supreme Court, Sir Elijah Impey.

A portrait of him by Johan Zoffany still hangs, a little lopsidedly, in the Kolkata High Court. It shows him pale and plump, ermine gowned and dustily bewigged.

Impey was, however, a serious scholar and unusual in taking a serious interest in the land to which he had been posted.

Indian villagers by Ghulam Ali Khan, 1815-16Image copyright PEMILLE KLEMP
Image caption Indian villagers by Ghulam Ali Khan, 1815-16Presentational white space

On the journey out to India, a munshi (administrator) had accompanied him to teach him Bengali and Urdu, and on arrival the new chief justice began to learn Persian and collect Indian paintings. His house became a meeting place where the more cultured elements of Calcutta society could discuss history and literature.

Impey and his wife Mary were also greatly interested in natural history and began to collect a menagerie of rare Indian animals.

At some stage in the mid-1770s, the Impeys decided to bring a group of leading Mughal artists – Sheikh Zain ud-Din, Bhawani Das and Ram Das – to paint their private zoo.

It was probably not the first commission of Indian artists by British patrons. “The Study of Botany is of late Years become a very general Amusement,” noted one enthusiast, and we know that the Scottish nurseryman James Kerr was sending Indian-painted botanical drawings back to Edinburgh as early as 1773.

But the Impeys’ albums of natural history painting remain among the most dazzlingly successful of all such commissions: today, a single page usually reaches prices of more than £330,000 ($387,000) at auctions, and the 197 images from the Impey Album are now widely recognised as among the very greatest glories of Indian painting.

English child seated on a pony and surrounded by three Indian servants, 1830-1850Image copyright FRANCIS WARE
Image caption English child seated on a pony and surrounded by three Indian servants by Shaikh Muhammad Amir

This month, for the first time since the Impey Album was split up in the 18th Century, around 30 of its pages will be reassembled for a major exhibition in the Wallace Collection in London.

Forgotten Masters: Indian Painting for the East India Company celebrates some of the extraordinary work which resulted from commissions made by East India Company patrons from master Indian artists between the 1770s and 1840s.

It will be a unique chance to see some of the finest Indian paintings which are now scattered in private collections around the world.

The three artists who Impey summoned to his fine classical house in Middleton Street were all from Patna, 200 miles (320km) up the Ganges.

The most prolific was a Muslim, Shaikh Zain-al-Din, while his two colleagues, Bhawani Das and Ram Das, were both Hindus.

A finely painted miniature depicting four British officers with their wives taking refreshments at a table
Image caption A finely painted miniature depicting four British officers with their wives taking refreshments at a table, artist unknown

Trained in the late Mughal style and patronised by the Nawabs of Murshidabad and Patna, they quickly learned to use English watercolours on English Watman watercolour paper, and take English botanical still lives as their models. In this way an extraordinary fusion of English and Mughal artistic impulses took place.

Zain ud-Din’s best works reveal a superb synthesis between a coldly scientific European natural history specimen illustration, warmed with a profoundly Indian sensibility and vital feeling for nature.

At his best – whether by instinct or inherited knowledge and training – he channels the outstanding Mughal achievement in natural history painting of 150 years earlier, when the great Mughal artist Mansur painted animals and birds for the Emperor Jahangir.

A man sits and draws while attended by two other men
Image caption Portrait of a Mughal artist, by Yellapah Of Vellore, 1832-1835

Nowhere are the merits of Company Painting better illustrated than in Zain ud-Din’s astonishing portrait of a Black Headed Oriole (No. 27).

At first glance, it could pass for a remarkably skilful English natural history painting. Only gradually does its hybrid origins become manifest.

The brilliance and simplicity of the colours, the meticulous attention to detail, the gem-like highlights, the way the picture seems to glow, all these point unmistakably towards Zain ud-Din’s Mughal training.

Zain Ud din’s portrait of black headed oriole
Image caption Portrait of a black headed oriole by Zain ud-Din

An idiosyncratic approach to perspective also hints at this background: the tree trunk is rounded, yet the grasshopper which sits on it is as flat as a pressed flower, with only a hint of outline shading to give it depth – the same technique used by Mansur.

Yet no artist working in a normal Mughal atelier would have placed his bird detached from a landscape against a white background, with the jackfruit tree on which its sits cut into a perfect, scientific cross-section.

Equally no English artist would have thought of painting the bark of that cross section the same brilliant yellow as the oriole; the tentative washes of a memsahib’s watercolour are a world away.

The two traditions have met head on, and from that blinding impact an inspirational new fusion has taken place.

Bhawani Das, who seems to have started off as an assistant to Zain ud-Din, is almost as fine an artist as Zain ud-Din.

Indian trooper holding a spear by Ghulam Ali Khan, 1815-186
Image caption Indian trooper holding a spear by Ghulam Ali Khan, 1815-186

He is acutely sensitive to shape, texture and expression, as for example in his celebrated study of a great fruit bat with the contrast between its soft, furry body with the angular precision of its blackly outstretched wings, as if it were some caped Commendatore ushering a woman into a Venetian opera rather than a creature in a colonial menagerie.

Now, for the first time, the work of these great Indian artists painting in this brilliantly hybrid Anglo-Indian style are beginning to get the attention they deserve.

The first-ever museum show of this work in the UK aims to highlight and showcase the work of a series of extraordinary Indian artists, each with their own style and tastes and agency. Indeed the greatest among them – such as Zain ud-Din- deserve to be remembered as among the most remarkable Indian artists of all time.

William Dalrymple is the author, most recently, of The Anarchy: The Relentless Rise of the East India Company and Forgotten Masters: Indian Painting for the East India Company (Bloomsbury)

Source: The BBC

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