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  • Chindia Alert: You’ll be Living in their World Very Soon

    aims to alert you to the threats and opportunities that China and India present. China and India require serious attention; case of ‘hidden dragon and crouching tiger’.

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11/03/2019

Xi joins deliberation with Fujian deputies at annual legislative session

  • (TWO SESSIONS)CHINA-BEIJING-XI JINPING-NPC-DELIBERATION (CN)

    Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, joins deliberation with deputies from Fujian Province at the second session of the 13th National People’s Congress in Beijing, capital of China, March 10, 2019. (Xinhua/Li Xueren)

    BEIJING, March 10 (Xinhua) — President Xi Jinping on Sunday afternoon joined deliberation with deputies from Fujian Province at the second session of the 13th National People’s Congress, China’s national legislature.

    “[We] should create a favorable development environment for innovation, entrepreneurship and creativity,” said Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission.

    China should seek momentum from reform and opening up, unleash to the maximum the whole society’s power for innovation, entrepreneurship and creativity, and keep improving the country’s influence and competitiveness in a world that is undergoing profound changes, Xi said.

    Xi stressed creating favorable conditions for the development of small and medium-sized enterprises and young people, and establishing an acceleration mechanism for high-tech companies.

    He urged solid implementation of the policies and measures to encourage, guide and support the development of the private sector.

    Fujian must leverage the combined strengths of the special economic zone, pilot free trade zone, comprehensive experimental zone and the core zone of the 21st Century Maritime Silk Road, and keep exploring new approaches, Xi said.

    Xi called for efforts to explore new ways for integrated development across the Taiwan Strait.

    The two sides of the Taiwan Strait should enhance economic and trade cooperation, infrastructure connectivity, energy and resource exchanges, and shared industry standards, he said.

    Cross-Strait cooperation and cultural exchanges should be strengthened, he added.

    Xi stressed the importance of implementing the people-centered development concept in the work on Taiwan, urging efforts to benefit Taiwan compatriots in the same way as people on the mainland are served.

    He encouraged listening to the voice of Taiwan compatriots and research on what other policies and measures can be introduced to bring them benefits.

    Xi said that this year marks the 70th anniversary of the founding of New China, and it is necessary to ensure that no one in the country’s old revolutionary base areas falls behind in the process of building a moderately prosperous society in all respects.

    He called for adherence to targeted poverty alleviation and efforts to identify the root causes of poverty to enhance the effectiveness of anti-poverty measures.

    More efforts should be put into coordinating economic development with ecological protection, Xi said.

    Source: Xinhua

Posted in 21st Century Maritime Silk Road,, Addis Ababa, annual legislative session, Austrian aid workers, best selling modern passenger aircraft, black box, black box voice recorders, Boeing 737, Boeing shares, cabinet secretary for transport, Cayman Airways, Chairman of the Central Military Commission, China alert, China's national legislature, Civil Aviation Administration of China (CAAC), cockpit voice recorder, Communist Party of China Central Committee, crashes, development of the private sector., digital flight data, ecological protection, Ethiopia, Ethiopian Airlines, Ethiopian state TV, Ethiopian-Kenyan national, flight tracking website, FlightRadar24, foreign ministries, Fujian deputies, global summit, high-tech companies, India alert, Indonesia, Indonesia’s Lion Ai, Indonesian capital, Italian archaeologist, Jakarta, James Macharia, Nairobi, National People's Congress, Nigerian-Canadian professor, Norwegian Red Cross worker, pilot, President Xi, Red Cross jackets, second disaster, U.N. members, U.S. Federal Aviation Administration (FAA), Uncategorized, United Nations’ staff, Yared Getachew, Zanzibar | Leave a Comment »

11/03/2019

Modi’s former ally in Kashmir urges India to talk to Pakistan

SRINAGAR, India (Reuters) – India should talk to Pakistan and separatists in Kashmir to defuse tension raised by a suicide attack on an Indian paramilitary convoy that was claimed by Pakistan-based militants, a former chief minister of the state said.

Mehbooba Mufti, who was the chief minister of Jammu and Kashmir from early 2014 to June last year when Prime Minister Narendra Modi’s Hindu nationalist party withdrew support for her regional party, said an ongoing crackdown on militants and those supporting secession could further alienate the people.

India has vowed to kill all the militants in the country’s only Muslim-majority state if they don’t give up arms, after a 20-year-old local man killed 40 paramilitary troopers in a suicide attack last month.

The attack nearly led to another war between the arch rivals India and Pakistan, which both claim the Himalayan region in full but rule in part.
“I strongly feel that there has to be a dialogue process internally as well as externally, with Pakistan,” Mufti said in an interview on Friday. “The situation is going to get worse if some kind of political process is not initiated on the ground now.”
Indian officials have repeatedly ruled out talks with Pakistan unless it acts on militant groups based there. India says its warplanes late last month bombed a militant camp in Pakistan, which responded with an aerial attack the next day.
Indian Foreign Secretary Vijay Gokhale said on the day of the strike that it had killed many Jaish-e-Mohammed “terrorists”. Pakistan said no one was killed.
Pakistan Prime Minister Imran Khan, who has sought to speak with Modi amid the hostility, said no militant group would be allowed to operate from his country to carry out attacks abroad, days after his government announced a sweeping crackdown against Islamist militant organisations.
“This confrontational attitude – no talks, no discussion -has an impact,” Mufti said. “Whatever relationship we have with Pakistan, it has a direct impact on Jammu and Kashmir and we are the worst sufferers of this animosity.”
Indian authorities have arrested many separatist leaders in Kashmir in the past few weeks, and the chief of Modi’s ruling Bharatiya Janata Party (BJP) said recently that the government had made it clear to them that “if they want to live in India, they will have to speak the language of India, not Pakistan’s”.
Mufti, whose father was also a chief minister of Jammu and Kashmir, said the tough stance by Indian authorities would only lead to “some calm on the surface” that won’t last. India killed 248 militants in Kashmir in 2018 – the highest in a decade.
“Once you start choking the space for dissent in a democracy, people feel pushed to the wall and then it leads to further dissent and alienation,” she said.
Mufti said India’s general election – starting April 11 and whose results will be declared on May 23 – could delay the process of any inter-party talks on Kashmir.
Source: Reuters

Posted in Bharatiya Janata Party (BJP), Chief Minister, chief minister of Jammu and Kashmir, crackdown, Democracy, former ally, general election, Imran Khan, India alert, Indian Foreign Secretary, Islamist militant organisations, Jaish-e-Mohammed, Jammu and Kashmir, Mehbooba Mufti, militants, Muslim-majority state, Pakistan, paramilitary convoy, paramilitary troopers, PM Modi, Prime minister, Prime Minister Narendra Modi, separatists, suicide attack, terrorists, Uncategorized, Vijay Gokhale | Leave a Comment »

11/03/2019

India engaged with China for lunar mission, talks failed to take off

China’s Chang’e-4 lunar exploration mission was the first one to land on the far side of the moon – the side that’s not visible from earth – on January 3.

INDIA Updated: Mar 11, 2019 13:47 IST

Sutirtho Patranobis
Sutirtho Patranobis
Hindustan Times, Beijing
India,China space mission,space mission
The top space agencies – the China National Space Administration (CNSA) and Indian Space Research Organisation (ISRO) – confirmed the information but did not share details why the cooperation failed to take off.(Corbis via Getty Images)
A rare opportunity for India and China to cooperate in a high-profile space mission fell through after the two countries disagreed on the nature of the Indian payload to be carried on the Chang’e-4 lunar mission, it has emerged.
China’s Chang’e-4 lunar exploration mission was the first one to land on the far side of the moon – the side that’s not visible from earth – on January 3. Since landing, the mission has sent back stunning first-time images from the moon’s surface. It has been carrying out a series of scientific research tasks involving multiple countries and organisations.
China’s lunar exploration chief Wu Weiren called the mission a “huge stride” for China.
It could have been a breakthrough stride for Sino-India cooperation in space – both countries have successful space programs – as well had Chang’e-4 carried the Indian payload.
The top space agencies – the China National Space Administration (CNSA) and Indian Space Research Organisation (ISRO) – confirmed the information but did not share details why the cooperation failed to take off.
“In April 2015, Xu Dazhe, the incumbent administrator of CNSA wrote a letter to the heads of the world’s major space agencies, invited them to participate in the piggy-back cooperation of Chang’ e-4 mission, which received positive responses from more than a dozen national space agencies,” the Chinese agency told HT over email.
“China also received applications from India for the piggy-back cooperation. However, due to the different nature of the missions of the two sides, the Indian payload on Chang’ e-4 could not be carried through (after) the evaluation,” the agency said.
The payload in this context could have been a satellite or space probe equipment.
“No, we will not be able to comment on that … Yes, we will not comment on that,” an ISRO spokesperson said.
Several countries including Germany, Sweden, the Netherlands, and Russia have cooperated in the ongoing mission.
India and China formally established the Sino-Indian Joint Committee on Space Cooperation in 2015. In the same year, the first meeting of the joint committee was held in Beijing, and the outline of Sino-Indian space cooperation was signed.
“The outline includes 19 projects in seven areas: Remote sensing satellites, space-based meteorology, space science and lunar and deep space exploration, education and training, piggy-back launch services, satellite navigation, and space components,” CNSA said.
“The MoUs signed have provided a platform (for the two countries) to work but there is nothing as of now; all at dialogue stage. There are international forums where they are there and we are there but nothing (bilateral),” ISRO’s spokesperson said.
Last year, the then Indian ambassador to China Gautam Bambawale visited CNSA twice in half a year and exchanged views with Zhang Kejian, the CNSA head, on promoting Sino-Indian space cooperation.
“The two sides reviewed the course of Sino-Indian space cooperation in recent years, agreed to further promote the process of Sino-Indian space cooperation with an active and open attitude of cooperation, and agreed to convene the second meeting of the Sino-Indian Space Joint Committee in 2019,” CNSA said.
The Chinese space agency said it is open to cooperating with India.
“CNSA is open to international cooperation in lunar and deep space exploration… and international cooperation for a series of deep space exploration activities, such as Chang’ e 6 sampling return, the Mars exploration, and asteroid exploration, Jupiter galaxy, and planetary crossing exploration,” it said.
“We are willing to work hand in hand with space agencies, space institutions, and foreign space exploration enthusiasts to explore the mysteries of the universe.”
Source: Hindustan Times

Posted in administrator of CNSA, Chang’e-4 lunar exploration mission, China alert, China National Space Administration (CNSA), CNSA head, exploration chief, far side of the moon, Gautam Bambawale, Germany, India alert, Indian ambassador to China, Indian Space Research Organisation (ISRO), lunar mission, Mars exploration, MoUs, mysteries of the universe, Russia, scientific research tasks, Sino-Indian Joint Committee on Space Cooperation, Sweden, the Netherlands, Uncategorized, Wu Weiren, Xu Dazhe, Zhang Kejian | Leave a Comment »

11/03/2019

Pulwama attack mastermind Mudasir Ahmed Khan among 3 terrorists killed in encounter

Mudasir Ahmed Khan alias ‘Mohd Bhai’, the mastermind of the 14 February Pulwama terror attack, was killed in an encounter earlier today in South Kashmir.
Mudasir was a Jaish-e-Mohammed (JeM) terrorist and the one who arranged the vehicle and the explosives for Adil Ahmed Dar, the suicide bomber who attacked a CRPF convoy killing 44 troopers.
He was among three terrorists killed in Tral in south Kashmir’s Pulwama district by security forces an overnight encounter, which began after the terrorists opened fire during a cordon and search operation in Pinglish area.
Police said that among the three terrorists neutralised at Pinglish in Tral, two were locals and one was Pakistani national.
Bodies of all three terrorists are charred beyond recognition and police have sought assistance of their family members for DNA test to establish their identity.
Mobile phone record indicates that Mudasir was in constant touch with Adil after providing the van to him.
Mudasir was a 23-year-old resident of Mir Mohalla of Tral in Pulwama. The son of a labourer, Mudasir was an electrician with a graduate degree.
He joined the JeM sometime in 2017 as an overground worker and was later drawn into the terror outfit by Noor Mohammed Tantrey, alias ‘Noor Trali’, who is believed to have helped the terror group’s revival in the Kashmir Valley.
Mudasir disappeared from his home on 14 January 2018 following the killing of Tantray in December 2017. The same month, his role came under lens in the Lethpora attack on a CRPF camp that left five personnel dead.
Officials believe that Mudasir was also involved in the terror strike at the army camp in Sunjawan in February 2018, in which six personnel and a civilian were killed.
The National Investigation Agency (NIA), which is probing the 14 February terror attack, had carried out searches at Mudasir’s residence on 27 February.
Authorities are also looking for another JeM operative, identified as Sajjad Bhat, a resident of Bijbehara in south Kashmir, who was one who bought the vehicle used in the attack on the CRPF convoy.
Read More
Source: The Statesman

Posted in Adil Ahmed Dar, army camp, attack, Bijbehara, CRPF, DNA test, electrician, graduate degree, identity, India alert, Jaish-e-Mohammed (JeM), JeM, Kashmir Valley, Lethpora, mastermind, Mohd Bhai, Mudasir Ahmed Khan, National Investigation Agency (NIA), Noor Mohammed Tantrey, Noor Trali, Pakistani, Pinglish, Pulwama, Sajjad Bhat, South Kashmir, suicide bomber, Sunjawan, terrorist, Tral, Uncategorized | Leave a Comment »

10/03/2019

Xi stresses implementation of rural revitalization strategy

(TWO SESSIONS)CHINA-BEIJING-XI JINPING-NPC-DELIBERATION (CN)

Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, joins deliberation with deputies from central China’s Henan Province at the second session of the 13th National People’s Congress in Beijing, capital of China, March 8, 2019. (Xinhua/Xie Huanchi)

BEIJING, March 8 (Xinhua) — Chinese President Xi Jinping on Friday called for more efforts to implement the rural revitalization strategy with the chief goal to modernize agriculture and rural areas.

“The top task for implementing the rural revitalization strategy is to ensure supply of important farm produce, grain in particular,” said Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission.

He made the remarks when joining deliberation with deputies from Henan Province at the second session of the 13th National People’s Congress, China’s national legislature.

Efforts should be made to promote the supply-side structural reform in the agricultural sector to achieve food security while building a modern and efficient agriculture, Xi added.

Xi also called for enhanced protection of agriculture ecological environment and prevention and treatment of pollution in rural areas.

Xi stressed strict penalties on crimes involving food safety so as to ensure safe farm produce for the public.

Efforts should be made to strengthen the leadership of grassroots Party units in the rural areas, Xi said, noting that the practices of rural residents’ self-governance should be further explored.

Xi also called for measures to promote two-way flow and equal exchange of factors, including human resources, lands and capital, between urban and rural areas.

“The task to eradicate extreme poverty must be fulfilled by 2020,” Xi stressed.

Implementation of the rural revitalization strategy and seeking progress in work related with agriculture, rural areas and farmers should be taken into consideration and promoted in the overall economic and social development, Xi said.

Li Keqiang, Wang Huning and Han Zheng — members of the Standing Committee of the Political Bureau of the CPC Central Committee — on Friday also separately joined deliberation with NPC deputies.

Premier Li Keqiang stressed building a business environment that is fair and convenient for enterprises under all forms of ownership, when joining a deliberation with deputies from Hubei Province.

He called for efforts to fully carry out the reforms of tax and fee cuts and further stimulate the market vitality.

Wang Huning, a member of the Secretariat of the CPC Central Committee, asked deputies from central China’s Hunan Province to take bigger steps in pushing forward high-quality development.

He also called for taking a people-centered approach to further live up to people’s new expectations for their cultural lives.

Joining the deliberation of the Beijing delegation, Vice Premier Han Zheng underlined deepening the coordinated development of the Beijing-Tianjin-Hebei region to further relieve Beijing of functions nonessential to its role as the capital.

Source: Xinhua

Posted in Beijing, Beijing-Tianjin-Hebei region, business environment, capital, Chairman of the Central Military Commission, China alert, China's national legislature, Chinese President Xi Jinping, cultural lives, delegation, general secretary of the Communist Party of China Central Committee, Han Zheng, Henan province, high-quality development, Hunan Province, implementation, Li Keqiang, National People's Congress, ownership, people-centered approach, rural revitalization strategy, Secretariat of the CPC Central Committee, Standing Committee of the Political Bureau of the CPC Central Committee, Uncategorized, Wang Huning | Leave a Comment »

10/03/2019

China launches new communication satellite

#CHINA-XICHANG-CHINASAT 6C SATELLITE-LAUNCHING(CN)

The “ChinaSat 6C” satellite is launched by a Long March-3B carrier rocket from the Xichang Satellite Launch Center in southwest China’s Sichuan Province, March 10, 2019. It will provide high-quality radio and TV transmission services. (Xinhua/Guo Wenbin)

XICHANG, March 10 (Xinhua) — China Sunday sent a new communication satellite into orbit from the Xichang Satellite Launch Center in southwest China’s Sichuan Province.

The “ChinaSat 6C” satellite was launched at 0:28 a.m. Beijing Time by a Long March-3B carrier rocket. It will provide high-quality radio and TV transmission services.

The satellite has been sent to the geostationary orbit, and can cover China, Australia, New Zealand and the South Pacific island countries.

The satellite was developed by the China Academy of Space Technology, and will be operated by the China Satellite Communications Co., Ltd.

The launch marks the 300th mission of the Long March carrier rocket series developed by the China Aerospace Science and Technology Corporation.

Source: Xinhua

Posted in Australia, Beijing, China Academy of Space Technology, China Aerospace Science and Technology Corporation, China alert, China Satellite Communications Co., Ltd, ChinaSat 6C, communication satellite, launches, Long March carrier rocket, Long March-3B carrier rocket, New Zealand, sichuan province, South Pacific island countries, Uncategorized, Xichang Satellite Launch Center | Leave a Comment »

10/03/2019

Wuhan to invest 40 bln yuan in high-tech infrastructure

WUHAN, March 9 (Xinhua) — The city of Wuhan, capital of central China’s Hubei Province, will invest 40 billion yuan (about 6 billion U.S. dollars) to provide key support to the development of high-tech infrastructure by 2022, local authorities said.

The province and its capital will forge ahead with high-tech industries by raising a 10-billion-yuan fund per year for major projects, platforms, industrial parks, equipment and talent teams, from 2019 to 2022.

So far, a research facility of precise gravity measurement, a national major science and technology infrastructure, is under construction in the Huazhong University of Science and Technology in Wuhan.

In the past few years, the city has completed a pulsed high magnetic field facility and opened China’s first national bio-safety level four lab, which requires the highest level of biological safety.

Wuhan will work with universities, institutes and enterprises to achieve great breakthroughs in various fields including integrated electromagnetic energy, optoelectronics, microelectronics, geomatics, and new materials, as well as build national laboratories.

Data released at the city’s science and technology conference for 2019 on Friday showed that the value added of the hi-tech industries in Wuhan exceeded 300 billion yuan last year, accounting for 20.56 percent of the city’s gross domestic product.

With 3,536 high-tech enterprises in total, the city is making efforts to build itself into a tech hub of the country.

Source: Xinhua

Posted in breakthroughs, China alert, enterprises, equipment, geomatics, hi-tech industries, high-tech infrastructure, Huazhong University of Science and Technology, hubei province, industrial parks, institutes, integrated electromagnetic energy, major projects, major science and technology infrastructure, microelectronics, national bio-safety level four lab, national laboratories, new materials, optoelectronics, platforms, precise gravity measurement, pulsed high magnetic field facility, research facility, science and technology conference, talent teams, tech hub, Uncategorized, universities, Wuhan, yuan | Leave a Comment »

10/03/2019

China’s wealthy families are turning to long holidays abroad as their efforts emigrate overseas are halted

  • Foreign lifestyle experiences are becoming more popular as citizens seek to escape pollution, food and medicine safety worries and authoritarian government controls
  • Citizens encountering more barriers to their dreams of travelling abroad, with severe limits on moving money overseas and restrictions on visiting foreign countries
Thailand, including the likes of Chiang Mai, the United States, Australia, Canada, New Zealand are popular destinations for Chinese families. Photo: Shutteratock
Thailand, including the likes of Chiang Mai, the United States, Australia, Canada, New Zealand are popular destinations for Chinese families. Photo: Shutteratock

Xu Zhangle and her husband and their two children are a typical middle-class couple from Shenzhen, and along with 60 other Chinese families, they are going on an extended holiday to Thailand in July, where they hope to enjoy an immigrant-like life experience.

The family have paid a travel agent around 50,000 yuan (US$7,473) for the stay in Chiang Mai in the mountainous north of the country, including transport, a three-week summer camp for their daughters at a local international school, rent for a serviced apartment and daily expenses.

Zhangle loves Chiang Mai’s relaxed lifestyle and easy atmosphere and wants to live as a local for a month or even longer, instead of having to rush through a short-term holiday.

“It would not be just [tourist] travelling but rather a life away from the mainland.” she said.

Recently, upper middle-class citizens have increased their efforts to safeguard their wealth and achieve more freedom by spending more time abroad.

They have invested considerable amounts of money in overseas properties and applied for long-stay visas, although many of their attempts have ended in failure.

Chinese citizens are encountering more barriers to their dreams of travelling abroad, with severe limits on moving money overseas and restrictions on visiting foreign countries.

Still, growing anxieties about air pollution, food and medicine safety and an increasingly authoritarian political climate are pushing middle class families to look for new ways to circumvent the obstacles so they can live outside China.

Among the options, there is growing demand for sojourns abroad of a month or more, to enjoy a foreign lifestyle for a brief period to make up for the fact that their emigration dreams may have stalled.

“I think this is becoming a trend. Chinese middle-class families are facing increasing difficulties to emigrate and own homes overseas. On the other hand, they still yearn for more freedom, for a better quality of life than what is found in first-tier cities in China.

They are eager to seek alternatives to give themselves and their children a global lifestyle,” said Cai Mingdong, founder of Zhejiang Newway, an online tour and education operator in Ningbo, south of Shanghai.

“First, the availability of multiple-entry tourist visas and the sharp drop in air ticket prices have made it convenient and practical to stay abroad for from a few weeks to up to three months each year.”

Blacklist labels millions of Chinese citizens and businesses untrustworthy

Now, many well-to-do Chinese middle class families can get a tourist visa for five or even 10 years that allows them to stay in a number of countries — including the United States, Australia, Canada, New Zealand and other Asian countries — for up to six months at a time.

“In 2011, a round-trip air ticket from Shanghai to New Zealand cost 14,000 yuan (US$2,000), but now is about 4,000 (US$598),” added Cai.

This opens up the possibility for many middle-class families who are not eligible to emigrate, to live abroad for short periods of time.

Many wealthy Chinese middle class families can get a tourist visa for five or even 10 years that allows them to stay in several countries including the United States, Australia, Canada, New Zealand and other Asian countries, for up to six months at a time. Photo: AP
Many wealthy Chinese middle class families can get a tourist visa for five or even 10 years that allows them to stay in several countries including the United States, Australia, Canada, New Zealand and other Asian countries, for up to six months at a time. Photo: AP

Chinese tourists made more than 140 million trips outside the country in 2018, a 13.5 per cent increase from the previous year, spending an estimated US$120 billion, according to the China Tourism Academy, an official research institute under the Ministry of Culture and Tourism.

“In [the Thai cities of] Bangkok and Chiang Mai, there are more and more Chinese who stay there to experience the local lifestyle, which is different from theirs in China. The life there is very different from that in China,” said Owen Zhu, who now lives in the Bangkok condo he bought last year.

“The freedom, culture and community are diversified. The quality of air, food and services are much higher than in first-tier cities in China, but the prices are more affordable.

“In Bangkok, in many international apartment complexes where foreigners live, the monthly rent for a one-bedroom [apartment] is about 2,000 (US$298) to 3,000 yuan.”

China’s richest regions are also home to the most blacklisted firms
A one-bedroom apartment in Shenzhen in southern China is twice as expensive, with rents continuing to rise rapidly.

There are global goods, and it is easy to socialise with different people from around the world,” Zhu added

“Many Chinese people around me, really, come to Thailand to live for a while and go back to China, but then come back again after a few months.”

Both Cai and Zhu said they discovered the new phenomenon among China’s middle class and decided it was a business opportunity.

Growing anxieties about air pollution, food and medicine safety and an increasingly authoritarian political climate are pushing middle class families to look for new ways to circumvent the obstacles so they can live outside China. Photo: AP
Growing anxieties about air pollution, food and medicine safety and an increasingly authoritarian political climate are pushing middle class families to look for new ways to circumvent the obstacles so they can live outside China. Photo: AP

Zhu is in the process of registering a company in Bangkok and plans to build an online platform to service the needs of Chinese citizens living abroad who do not own property or have immigration status, especially members of the LGBT community.

Cai said dozens of Chinese families in the Yangtze River Delta had paid him to send their children to schools in New Zealand or Europe for around three or four weeks in the middle of the school year, while the parents rent villas in the area, with New Zealand and Toronto in Canada among the most popular destinations.

Last year, Zheng Feng, a single mother and freelance writer from Beijing, rented a small villa in Australia for a month for them, a friend and their children to escape Beijing’s pollution and experience life overseas.

“To be honest, I don’t have enough money to invest in a property or a green card in Australia. But it’s very affordable for me and my son to pay about 30,000 yuan (US$4,484) to live abroad for one or two months.” Zheng said.

China says 2018 growth was worth more than Australia’s whole GDP

Zheng will join the Xu family in Chiang Mai later this year and she is also planning a similar trip to England next year.

Zheng’s friend, Alice Yu, invested in an American EB-5 investor visa a few years ago, and plans to make one or two month-long trips abroad each year until her family is finally able to move to the United States.

Demand for the EB-5 investor visa in China seems to be waning given heightened uncertainty about the future of the programme and US immigration law in general under US President Donald Trump.

Approval for the visa can now take up to 10 years, resulting in a huge backlog that has further dampened interest and led to a significant dip in investment inflows into the US from foreign individuals.

A one-bedroom apartment in Bangkok can cost around bout 2,000 (US$298) to 3,000 yuan a month. Photo: AFP
A one-bedroom apartment in Bangkok can cost around bout 2,000 (US$298) to 3,000 yuan a month. Photo: AFP

“Maybe it will soon become standard for a real Chinese middle-class family to have the time and money to enjoy a long stay at a countryside villa overseas,” said Yu.

“Regardless of whether we can get a long-term visa for the United States, I want my children grow up in a global lifestyle and with more freedom than just growing up on the mainland. So do all wealthy and middle class Chinese families, I think.”

Karen Gao’s son started studying at an international school in Chiang Mai in June, at the cost of about 70,000 yuan (US$10,462) a year, after she quit her job as a public relations manager in Shenzhen and moved to Thailand on a tourist visa.

For better or worse? China’s complicated employment explained

“A few months each year for good air, good food and no censorship and internet control, but cheaper living costs compared to Beijing, it sounds like a really good deal to go,” said Gao, who has now been offered a guardian visa to accompany her son, who has already been given a student visa.

“In Shenzhen, I wasn’t able to get him into school because I had no [local] residence permit.

“It would be the best choice for us because we feel so uncertain and worried about investing and living in the mainland.”

Last year, Gao, like thousands of other private investors mostly middle class people living in first-tier cities, suffered significant losses when their investments in hotels and inns in Dali, Yunnan province, were demolished amid the local government’s campaign to curb pollution and improve the environment around Lake Erhai.

“We were robbed by the officials without proper compensation,” Gao said.

Source: SCMP

Posted in air pollution, air ticket prices, Alice Yu, Asian countries, Australia, authoritarian government, authoritarian political climate, Bangkok, barriers, Beijing, Blacklist labels, Cai Mingdong, canada, cheaper living costs, Chiang Mai, China alert, China Tourism Academy, chinese families, circumvent the obstacles, Citizens, compensation, condo, countryside villa overseas, daily expenses, Dali, daughters, destinations, easy atmosphere, emigrate overseas, experience life overseas, food and medicine safety, Foreign lifestyle experiences, founder, GDP, good air, good food, hotels and inns, husbands, immigrant-like life experience., international school, Karen Gao, LGBT community, local international school, long holidays abroad, long-stay visas, mainland, middle class familie, middle-class couple, Ministry of Culture and Tourism, mountainous north, moving money overseas, multiple-entry tourist visas, New Zealand, Ningbo, no censorship and internet control, official research institute, online tour and education operator, overseas properties, Owen Zhu, Pollution, relaxed lifestyle, residence permit, restrictions, serviced apartment, Shanghai, Shenzhen, short-term holiday, single mother and freelance writer, student visa, Thailand, Transport, travelling abroad, Uncategorized, United States, US immigration law, US President Donald Trump, wealthy families, Xu family, Xu Zhangle, yuan, Yunnan Province, Zhejiang Newway, Zheng Feng | Leave a Comment »

10/03/2019

China central bank pledges more policy support as bank lending slides

BEIJING (Reuters) – China’s central bank on Sunday pledged to further support the slowing economy by spurring loans and lowering borrowing costs, following data that showed a sharp drop in February’s bank lending due to seasonal factors.

The central bank is widely expected to ease monetary policy further this year to encourage lending especially to small and private firms vital for growth and job creation.

The central bank’s “prudent” monetary policy will emphasize on counter-cyclical adjustments, said People’s Bank of China (PBOC) Governor Yi Gang, using a phrase that implies the need to fight an economic slowdown.

“The global economy still faces some downward pressure and China faces many risks and challenges in its economy and financial sector,” Yi said at a press conference on the sidelines of the country’s annual meeting of parliament.

There is still some room for the PBOC to cut reserve requirement ratios (RRRs), although the amount of room is less compared with a few years ago, Yi said.

The PBOC has cut the amount of cash that commercial banks need to set aside as reserves five times in the past year to spur lending to small businesses in the private sector. The RRR for big banks is now at 13.5 percent and the ratio for small- to medium-size banks is at 11.5 percent.
Yi said lending rates for small firms are still relatively elevated due to higher risk premiums and the central bank will forge ahead with reforms to lower such risk premiums.
High risk premiums on loans to small firms reflect commercial banks’ traditional reluctance to extend credit to the sector because of concerns about their creditworthiness.
PBOC data on Sunday showed new bank loans in China fell sharply in February from a record the previous month, but the drop was likely due to seasonal factors, while policymakers continue to press lenders to help cash-strapped firms stay afloat.
A pull-back in February’s tally had been widely expected as Chinese banks tend to front-load loans at the beginning of the year to get higher-quality customers and win market share.

Chinese banks made 885.8 billion yuan ($131.81 billion) in net new yuan loans in February, down sharply from a record 3.23 trillion yuan in January, when several other key credit gauges also picked up modestly in response to the central bank’s policy easing.

Yi said combined January-February new loans and total social financing (TSF), a broad measure of credit and liquidity in the economy, could paint a more accurate picture as they showed a rise of 374.8 billion yuan and 1.05 trillion yuan from a year earlier, respectively.

DEBT DEFAULTS

Analysts say China needs to revive weak credit growth to help head off a sharper economic slowdown this year, but investors are worried about a further jump in corporate debt and the risk to banks as they relax their lending standards.

Corporate bond defaults hit a record last year, while banks’ non-performing loan ratio notched a 10-year high.

Pan Gongsheng, a vice governor at the PBOC, told the same briefing that China will control the amount of bond defaults in 2019, using both legal and market means.

Pan conceded that bond defaults increased last year, but the level of defaults was not high compared with China’s average bad loan ratio.

Premier Li Keqiang told parliament on Tuesday that monetary policy would be “neither too tight nor too loose”. Li also pledged to push for market-based reforms to lower real interest rates.

Chinese policymakers have repeatedly vowed not to open the credit floodgates in an economy already saddled with piles of debt – a legacy of massive stimulus during the global financial crisis in 2008-09 and subsequent downturns.

Sources have told Reuters the central bank is not ready to cut benchmark interest rates just yet, but is likely to cut market-based rates.

Yi said the downward trend in TSF has been initially curbed and broad M2 money supply growth will be more or less in line with nominal gross domestic product growth in 2019, Yi added.

Central bank data showed growth of outstanding TSF, a rough gauge of broad credit conditions, slowed to 10.1 percent in February from January’s 10.4 percent, versus a record low of 9.8 percent in December.

M2 money supply grew 8.0 percent in February from a year earlier, missing forecasts, the central bank data showed. Yi said China’s macro leverage ratio, or the amount of debt relative to GDP, was at 249.4 percent at the end of 2018, a fall of 1.5 percentage points from a year earlier, Yi said.
Analysts note there is a time lag before a jump in lending will translate into growth, suggesting business conditions may get worse before they get better.
Most economists expect a rocky first half before conditions begin to stabilize around mid-year as support measures begin to have a greater impact.
China’s economic growth is expected to cool to around 6.2 percent this year, a 29-year low, according to Reuters polls.
Growth slowed to 6.6 percent last year, with domestic demand curbed by higher borrowing rates and tighter credit conditions and exporters hit by the escalating trade war with the United States.
Source: Reuters

Posted in bank governor, bank lending, cash-strapped firms, Central bank, China alert, downward pressure, economic slowdown, escalating, financial sector, front-load loans, GDP, global economy, High risk premiums, higher-quality customers, lending rates, massive stimulus, Pan Gongsheng, parliament, People’s Bank of China (PBOC), piles of debt, policy support, policymakers, Premier Li Keqiang, pull-back, reserve requirement ratios (RRRs), seasonal factors, slowing economy, small firms, tally, trade war, Uncategorized, United States, vice governor at the PBOC, Yi Gang, yuan | Leave a Comment »

10/03/2019

India and Pakistan: How the war was fought in TV studios

An Indian man watches live news channels broadcasting images of Indian Air Force (IAF) Wing Commander pilot Abhinandan Varthaman returning to India from the India-Pakistan Wagah border in New Delhi on March 1, 2019.Image copyrightGETTY IMAGES
Image captionAn Indian man watches the news broadcasting images of the released Indian pilot

As tensions between India and Pakistan escalated following a deadly suicide attack last month, there was another battle being played out on the airwaves. Television stations in both countries were accused of sensationalism and partiality. But how far did they take it? The BBC’s Rajini Vaidyanathan in Delhi and Secunder Kermani in Islamabad take a look.

It was drama that was almost made for television.

The relationship between India and Pakistan – tense at the best of times – came to a head on 26 February when India announced it had launched airstrikes on militant camps in Pakistan’s Balakot region as “retaliation” for a suicide attack that had killed 40 troops in Indian-administered Kashmir almost two weeks earlier.

A day later, on 27 February, Pakistan shot down an Indian jet fighter and captured its pilot.

Abhinandan Varthaman was freed as a “peace gesture”, and Pakistan PM Imran Khan warned that neither country could afford a miscalculation, with a nuclear arsenal on each side.

Suddenly people were hooked, India’s TV journalists included.

  • ‘War’ and PM Modi’s muscular strongman image
  • Modi vs Khan: Who won the propaganda battle?
  • Why india and Pakistan fight over Kashmir
Indian Prime Minister Narendra Modi gestures as he speaks during the National Democratic Alliance (NDA) "Sankalp" rally in Patna in the Indian eastern state of Bihar on March 3, 2019.Image copyrightAFP
Image captionIndian PM Narendra Modi is accused of exploiting India-Pakistan hostilities for political gain

So were they more patriots than journalists?

Rajini Vaidyanathan: Indian television networks showed no restraint when it came to their breathless coverage of the story. Rolling news was at fever pitch.

The coverage often fell into jingoism and nationalism, with headlines such as “Pakistan teaches India a lesson”, “Dastardly Pakistan”, and “Stay Calm and Back India” prominently displayed on screens.

Some reporters and commentators called for India to use missiles and strike back. One reporter in south India hosted an entire segment dressed in combat fatigues, holding a toy gun.

And while I was reporting on the return of the Indian pilot at the international border between the two countries in the northern city of Amritsar, I saw a woman getting an Indian flag painted on her cheek. “I’m a journalist too,” she said, as she smiled at me in slight embarrassment.

Print journalist Salil Tripathi wrote a scathing critique of the way reporters in both India and Pakistan covered the events, arguing they had lost all sense of impartiality and perspective. “Not one of the fulminating television-news anchors exhibited the criticality demanded of their profession,” she said.

Media captionIndia and Pakistan’s ‘war-mongering’ media

Secunder Kermani: Shortly after shooting down at least one Indian plane last week, the Pakistani military held a press conference.

As it ended, the journalists there began chanting “Pakistan Zindabad” (Long Live Pakistan). It wasn’t the only example of “journalistic patriotism” during the recent crisis.

Two anchors from private channel 92 News donned military uniforms as they presented the news – though other Pakistani journalists criticised their decision.

But on the whole, while Indian TV presenters angrily demanded military action, journalists in Pakistan were more restrained, with many mocking what they called the “war mongering and hysteria” across the border.

In response to Indian media reports about farmers refusing to export tomatoes to Pakistan anymore for instance, one popular presenter tweeted about a “Tomatical strike” – a reference to Indian claims they carried out a “surgical strike” in 2016 during another period of conflict between the countries.

Media analyst Adnan Rehmat noted that while the Pakistani media did play a “peace monger as opposed to a warmonger” role, in doing so, it was following the lead of Pakistani officials who warned against the risks of escalation, which “served as a cue for the media.”

What were they reporting?

Rajini Vaidyanathan: As TV networks furiously broadcast bulletins from makeshift “war rooms” complete with virtual reality missiles, questions were raised not just about the reporters but what they were reporting.

Indian channels were quick to swallow the government version of events, rather than question or challenge it, said Shailaja Bajpai, media editor at The Print. “The media has stopped asking any kind of legitimate questions, by and large,” she said. “There’s no pretence of objectiveness.”

In recent years in fact, a handful of commentators have complained about the lack of critical questioning in the Indian media.

Indians celebrated on hearing news of the strikesImage copyrightAFP
Image captionIndians celebrated news of the strikes

“For some in the Indian press corps the very thought of challenging the ‘official version’ of events is the equivalent of being anti-national”, said Ms Bajpai. “We know there have been intelligence lapses but nobody is questioning that.”

Senior defence and science reporter Pallava Bagla agreed. “The first casualty in a war is always factual information. Sometimes nationalistic fervour can make facts fade away,” he said.

This critique isn’t unique to India, or even this period in time. During the 2003 Iraq war, western journalists embedded with their country’s militaries were also, on many occasions, simply reporting the official narrative.

Secunder Kermani: In Pakistan, both media and public reacted with scepticism to Indian claims about the damage caused by the airstrikes in Balakot, which India claimed killed a large number of Jaish-e-Mohammad (JeM) militants in a training camp.

Hamid Mir, one of the most influential TV anchors in the country travelled to the area and proclaimed, “We haven’t seen any such (militant) infrastructure… we haven’t seen any bodies, any funerals.”

“Actually,” he paused, “We have found one body… this crow.” The camera panned down to a dead crow, while Mr Mir asked viewers if the crow “looks like a terrorist or not?”

There seems to be no evidence to substantiate Indian claims that a militant training camp was hit, but other journalists working for international outlets, including the BBC, found evidence of a madrassa, linked to JeM, near the site.

A cropped version of a satellite image shows a close-up of a madrasa near Balakot, Khyber Pakhtunkhwa province, Pakistan, March 4, 2019. Picture taken March 4, 2019.Image copyrightPLANET LABS INC./HANDOUT VIA REUTERS
Image captionThe satellite image shows a close-up of a madrassa near Balakot in Pakistan’s Khyber Paktunkhwa

A photo of a signpost giving directions to the madrassa even surfaced on social media. It described the madrassa as being “under the supervision of Masood Azhar”. Mr Azhar is the founder of JeM.

The signpost’s existence was confirmed by a BBC reporter and Al Jazeera, though by the time Reuters visited it had apparently been removed. Despite this, the madrassa and its links received little to no coverage in the Pakistani press.

Media analyst Adnan Rehmat told the BBC that “there was no emphasis on investigating independently or thoroughly enough” the status of the madrassa.

In Pakistan, reporting on alleged links between the intelligence services and militant groups is often seen as a “red line”. Journalists fear for their physical safety, whilst editors know their newspapers or TV channels could face severe pressure if they publish anything that could be construed as “anti-state”.

Who did it better: Khan or Modi?

Rajini Vaidyanathan: With a general election due in a few months, PM Narendra Modi continued with his campaign schedule, mentioning the crisis in some of his stump speeches. But he never directly addressed the ongoing tensions through an address to the nation or a press conference.

This was not a surprise. Mr Modi rarely holds news conference or gives interviews to the media. When news of the suicide attack broke, Mr Modi was criticised for continuing with a photo shoot.

Imran KhanImage copyrightAFP
Image captionImran Khan was praised for his measured approach

The leader of the main opposition Congress party, Rahul Gandhi, dubbed him a “Prime Time Minister” claiming the PM had carried on filming for three hours. PM Modi has also been accused of managing his military response as a way to court votes.

At a campaign rally in his home state of Gujarat he seemed unflustered by his critics, quipping “they’re busy with strikes on Modi, and Modi is launching strikes on terror.”

Secunder Kermani: Imran Khan won praise even from many of his critics in Pakistan, for his measured approach to the conflict. In two appearances on state TV, and one in parliament, he appeared firm, but also called for dialogue with India.

His stance helped set the comparatively more measured tone for Pakistani media coverage.

Officials in Islamabad, buoyed by Mr Khan’s decision to release the captured Indian pilot, have portrayed themselves as the more responsible side, which made overtures for peace.

On Twitter, a hashtag calling for Mr Khan to be awarded a Nobel Peace Prize was trending for a while. But his lack of specific references to JeM, mean internationally there is likely to be scepticism, at least initially, about his claims that Pakistan will no longer tolerate militant groups targeting India.

Source: The BBC

Posted in Adnan Rehmat, airstrikes, airwaves, Al Jazeera, Balakot, BBC, BBC reporter, campaign schedule, casualty, combat fatigues, commentators, congress party, critical questioning, Dastardly Pakistan, Delhi, escalation, factual information, fought, general election, Hamid Mir, hashtag, Imran Khan, India alert, Indian jet fighter, international border, Islamabad, Islamist militant groups, Jaish-e-Mohammad (JeM), JeM, jingoism and nationalism, Journalist, Kashmir, madrassa, Masood Azhar, Media analyst, media editor, militant camps, militants, missiles, nationalistic fervour, Nobel Peace Prize, Pakistan, Pakistani, Pakistani military, Pallava Bagla, pilot, PM Narendra Modi, press, press conference, Prime Time Minister, rahul gandhi, Rajini Vaidyanathan, red line, retaliation, Reuters, Salil Tripathi, Secunder Kermani, Senior defence and science reporter, sensationalism and partiality, Shailaja Bajpai, signpost's, suicide attack, Surgical strike, The Print, Tomatical strike, toy gun, training camp, TV anchors, TV journalists, TV studios, Twitter, Uncategorized, war, war mongering and hysteria, warmonger, Wg Cdr Abhinandan Varthaman | Leave a Comment »

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