Authorities in Tibetan areas continue to enforce severe restrictions on freedoms of religion, expression, movement, and assembly. Popular concerns over issues such as mass relocation, environmental degradation, or the phasing out of the Tibetan language in primary education were met with repression. Local officials are required to educate the public in “obeying the law,” and cash rewards are offered to citizens prepared to inform on others.

Under intense censorship, Tibetans continue to be detained for online offenses, such as having banned content on their phones or “spreading rumors.” Authorities introduced a ban on posting religious teaching and other content online, intended to enforce tight official control over religious institutions and teachers. In a Tibetan area of Sichuan province, regional authorities ordered the demolition of outdoor statues and temples, the construction of which had initially been approved.

Reports emerged of the arrest and sentencing of Tibetan religious and cultural figures suspected of dissent, and of their mistreatment in detention—notably the writers Go Sherab Gyatso, Rongwo Gendun Lhundrup, and Tubten Lodro (alias Sabuchey). In March, the popular young pop singer Tsewang Norbu staged a self-immolation protest in front of the Potala Palace, the first by a Tibetan from an urban background.

In December 2021, authorities replaced Xinjiang’s party secretary, Chen Quanguo, who oversaw the region’s repressive “Strike Hard Campaign against Violent Terrorism,” with Ma Xingrui, a technocrat experienced in governing wealthier coastal regions. In July, President Xi visited Xinjiang, and said that while the region must “maintain a firm grip on stability,” it should also “move towards prosperity.”

Despite government propaganda portraying its policies in the region as successful efforts to counter terrorism, international scrutiny of crimes against humanity in the region grew. In May, an anonymous source released hacked police files from the region, which included nearly 3,000 photos of Uyghur detainees, along with key policy documents outlining harsh policies from China’s top leadership. As many as a million people were wrongfully detained in political education camps, pretrial detention centers, and prisons at the height of the Strike Hard Campaign. While some have been released, the Chinese authorities have also sentenced an estimated half-million people, many of whom remain imprisoned, Human Rights Watch found in a September report.

Hong Kong authorities attacked press freedom. National security police raided the office of influential media outlet Stand News on December 29, 2021, charged its editors with sedition, and effectively forced it to close; this prompted seven other outlets to close within two weeks. In April, police arrested the ex-Stand News columnist and veteran journalist, Allen Au, on baseless charges of sedition. Later that month, the Hong Kong Foreign Correspondents’ Club canceled the Human Rights Press Awards, citing fear of arrest. In September, police charged Hong Kong Journalists Association chair Ronson Chan with “obstructing police officers” during a reporting assignment.

In August, the High Court ruled that journalistic materials are not legally protected under the draconian National Security Law (NSL). The decision affirmed the legality of police searches of the phones of media tycoon Jimmy Lai, who faces three NSL charges and one sedition charge, along with six other executives of Hong Kong’s former leading pro-democracy paper Apple Daily.

At least 231 people have been arrested for allegedly violating the NSL since it was imposed on June 30, 2020, and for “sedition,” a colonial-era law the authorities have revived to crush dissent. The NSL imposes a presumption against bail, a rule inconsistent with the presumption of innocence. Among the 138 individuals charged, most had been under pretrial detention for nearly a year or more.

In May, police charged 90-year-old pro-democracy advocate Cardinal Joseph Zen and five others for failing to properly register the legal aid group 612 Humanitarian Relief Fund. Under police pressure, in July, the Bar Association opened inquiries into the professional conduct of at least 35 barristers who represented the fund’s beneficiaries.

After police arrested unionists and effectively forced many unions to disband, in September the government further restricted union activities by requiring founders of new unions to pledge that they will not threaten “national security.”

Censorship is now commonplace in Hong Kong. In May, a government-run book fair banned several publishers of political books from participating. Public libraries, commercial bookstore chains, and some school libraries continue to pull from their shelves politically “sensitive” titles.

Several films portraying Hong Kong political issues were banned under the new censorship regime, which prohibits movies that may “endanger national security.” In August, a film festival dropped an award-winning film after its director refused to yield to authorities’ demand to remove a scene depicting the 2014 pro-democracy Umbrella Movement.

Universities were complicit in the authorities’ repression of students, who have been central to the city’s pro-democracy movement. After four universities removed artwork about the 1989 Tiananmen Massacre in late 2021, in January 2022, the University of Hong Kong further covered up Tiananmen-related slogans painted on university pavement. All eight public universities have obstructed their student unions’ operations, including by ceasing to recognize them and refusing to help them collect membership dues. Universities introduced mandatory national security law courses while the Chinese University of Hong Kong began hosting weekly Chinese flag-raising ceremonies.

Police intensified surveillance of Hong Kong society. In June, police set up a “counter-terrorism” hotline in addition to an existing “anti-violence” hotline for reporting national security violations. In August, the police said it would “dispel misinformation” about the force through a “round-the-clock public opinion tracking system.”

Hong Kong people continued to risk arrests to protest. On June 4, many people commemorated the 1989 Tiananmen Massacre in public; police made six arrests that day. In September, as hundreds gathered outside the British consulate to mourn the passing of the British Queen Elizabeth II, some sang the banned protest song “Glory to Hong Kong.” Police arrested a man for sedition for playing the protest tune on a harmonica. Over 150,000 people have left Hong Kong since the NSL was imposed; many have continued their activism abroad.

Repression deepened across China in 2022. Xi Jinping secured an unprecedented third term as the general secretary of the Chinese Communist Party, making him the country’s most powerful leader since Mao Zedong. In October, a man draped two banners over a bridge in Beijing, calling for the “dictatorial traitor” Xi to be removed, and for freedoms and universal suffrage for people in China. The lone protestor inspired solidarity protests around the world.

The Chinese government tightened its Covid-19 restrictions, imposing repeated, unpredictable lockdowns on hundreds of millions of people. In some cases, officials used barbed wire, metal bars, and large barriers to prevent people from leaving their homes. In Sichuan province, residents were unable to leave buildings even during an earthquake. During these lockdowns—which lasted from days to weeks—people reported difficulties accessing food and medical care, in some cases leading to deaths. Others reported privacy violations, censorship, disruptions to their livelihoods, and government brutality as police and health officials kicked and shoved people who resisted Covid restrictions. In Tibet and Xinjiang, residents reported even more draconian Covid-19 controls imposed by local authorities already severely limiting rights.

China suffered its most severe heat wave ever recorded, causing widespread power shortages that prompted authorities to revert to using coal, and underscoring the urgency of a transition to clean energy.

Beijing and Hong Kong authorities continued their assault on human rights in the territory, a downward trajectory that is expected to continue as Beijing appointed an abusive former police official, John Lee, as the city’s chief executive.

International attention to Chinese government human rights violations grew. Eight governments engaged in a diplomatic boycott of the 2022 Beijing Winter Olympics in protest. In June, entry into force of the United States Uyghur Forced Labor Prevention Act established a presumption that goods from Xinjiang are made from forced labor and cannot be imported. In August, the former United Nations high commissioner for human rights released her report on Xinjiang, concluding that the abuses in the region “may constitute crimes against humanity.”

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Exclusive-Mainland Chinese banned from opening new offshore trading accounts with local brokers

All external and domestic funds flew out like water due to the silly Xi policies.

Xi wants to stop CCP transferred out money but this is the culture of CCP nothing he could stop.

To CCP the most important thing is to grab money from homebuyers this is called "changes not seen for hundred years" - homelessness no home to stay with bad debts. Very pity human rights

From no home until now got home could not stay with bad debts. Very poor human rights.

April 21, 2023: Ireland joins a growing list of countries where restrictions have been placed on the use of TikTok on official devices.

TikTok is now banned in 16 countries. Completely banned in Afghanistan and India, and partially banned in 14 other countries.

more countries to join.

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Exclusive-Mainland Chinese banned from opening new offshore trading accounts with local brokers

All external and domestic funds flew out like water due to the silly Xi policies.

Xi wants to stop CCP transferred out money but this is the culture of CCP nothing he could stop.

Utah Sues TikTok: Claims App Harms Children

Utah became the latest GOP-led state on Tuesday to sue social media giant TikTok amid a wave of criticism over its content moderation and its Chinese parent company ByteDance, claiming the platform “illegally baits children” into addictive and unsafe use, following similar suits in Arkansas and Indiana, as well as a controversial ban in Montana.

Exclusive-Mainland Chinese banned from opening new offshore trading accounts with local brokers

HONG KONG (Reuters) -China has for the first time issued a notice prohibiting domestic brokerages and their overseas units from taking on new mainland clients for offshore trading, according to an official document seen by Reuters and confirmed by four sources.

New investments by existing mainland clients are also to be "strictly monitored" to prevent investors bypassing China's foreign exchange controls, the notice said.

The actions, which will restrict capital outflows, come as faltering growth for the world's second-largest economy has spurred investment overseas, weighing on the yuan and prompting authorities to ramp up efforts to stabilise the currency.

China Securities Regulatory Commission (CSRC) told brokerages to stop offering securities trading from offshore accounts such as Hong Kong to new mainland investors, according to a Sept. 28 notice issued by its Shanghai unit.

The notice has not been previously reported.

It was not clear when the new directive was effective, but the sources said they believed the regulator meant effective immediately.

An end-October deadline was set for the removal of apps and websites soliciting mainland clients, the notice also said.

The sources declined to be named as they were not authorised to speak to the media. The CSRC did not immediately respond to a Reuters request for comment.

The notice will mostly affect large brokers such as state-owned Citic Securities, CICC and Haitong Securities. Offshore trading services are a key source of revenue for their Hong Kong units.

The three brokerages did not immediately respond to Reuters requests for comment.

The ban on offshore investments via domestic brokers comes after two online brokerages - Futu Holdings (NASDAQ:FUTU) Ltd and UP Fintech Holding Ltd - in May announced the removal of their apps in China amid Beijing's sharpened focus on data security and capital outflows.

The use of offshore accounts in Hong Kong entails converting yuan to other currencies.

Chinese individuals are still able to invest in offshore securities either via the Stock Connect with Hong Kong or by using quota-based schemes such as the qualified domestic institutional investor and the qualified domestic limited partnership programmes.

Local Chinese refuse to buy CCP stocks, CCP supporters lip service only and dont want to buy. Very pity.

TikTok to stop sales in Indonesia after social media transaction ban

JAKARTA: Short video app TikTok said it will stop transactions on its app in Indonesia from Wednesday after Southeast Asia's biggest economy banned direct sales on social media platforms last week to protect millions of small businesses.

The new regulation is yet another setback for TikTok, which has faced intense scrutiny in the United States and other nations in recent months over users' data security and the company's alleged ties to Beijing.

Indonesia is one of the world's biggest markets for TikTok Shop and was the first to pilot the app's e-commerce arm, but the Chinese-owned app said it would comply with the new regulation from Wednesday evening.

"Our priority is to remain compliant with local laws and regulations," TikTok Indonesia said in a statement on Tuesday.

KUALA LUMPUR (Reuters) - Short video application TikTok has shown an unsatisfactory level of compliance with the laws of Malaysia, the country's communications minister said on Thursday, stressing it had not done enough to curb defamatory or misleading content.

TikTok must be more proactive in curbing the spread of fake news and defamatory content on its platform, minister Fahmi Fadzil said in a social media post after meeting with TikTok representatives.

TikTok's unsatisfactory compliance with Malaysian laws "must be rectified immediately", Fahmi said, adding the social media firm had acknowledged its shortcomings due to the absence of a representative in the country at present.

A spokesperson for TikTok did not immediately respond to a request for comment on the meeting or the minister's remarks.

Malaysia has increased scrutiny of online content in recent months as Prime Minister Anwar Ibrahim's administration vowed to curb what it deems provocative posts that touch on race, religion and royalty.

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China’s Tofu-Dreg High-Speed Rail With Nearly $1 Trillion in Debt! Where's the Money Gone?

https://youtu.be/jQ5tKr_y4BA?si=JCjTJJ_GBN0iP4cl

Building so many white elephant projects without generating revenue especially without proper drainage and retention ponds were shameful.

May be CCP don't know how to calculate proper drainage system and retention ponds into GDP, so just ignore loh. Lol.

传遭恒大欠巨款　沧州银行爆挤提 Orientaldaily Thu, Oct 12, 2023 12:05pm

河北12日讯）中国恒大主席许家印因涉嫌犯罪，被采取强制措施带走后，市场传出一份“恒大所欠银行贷款明细列表”，其中拖欠河北沧州银行30亿人民币（约19亿令吉）；由于担心恒大无力还款，引发榜上有名银行的投资者恐慌，沧州银行爆发存户挤兑潮。

虽然该行澄清对恒大及其关联企业的实际贷款额只有3.46亿人民币，还堆出高耸的现金墙希望挽救存户信心，但仍有大批存户逼爆银行要求提款，场面一度混乱。

3.4 Billion Evergrande Debt Exposed In Cangzhou Bank: Panic Withdrawals!

https://youtu.be/BJzCjgarZ_A?si=rNN-zArkgwyb2nF7

From real estate to financial system. What a chaos.

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BEIJING OUT OF MONEY! Local Govts Desperately Offload Real Estate: Supply Exceeds 1.4 Billion Demand

https://youtu.be/zOFn_ZdZ3G0?si=wQBgX8_nS1_KziD9

Consequence of building white elephants and ghost city just for the number of GDP. End up homebuyers stay in unfinished units and bad debts. CCP enjoyed their US dollar with girl friends in America.

CCP loves US dollar and white elephants.

Building excessive unfinished buildings at the expense of homebuyers were shameful especially those CCP developers transferred out money oversea and left over bad debts domestic.

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After Criticism from Schumer, China Condemns Attacks on Civilians

ernoon. (Wu Hao/Shutterstock)

China’s Foreign Ministry toughened its statement on the Hamas attacks on Israel—but only a bit—after drawing criticism from Senate Majority Leader Chuck Schumer.

Schumer, in a meeting with China’s foreign minister in Beijing, took issue with China’s initial statement, which called for restraint from all parties but didn't condemn Hamas for launching the attacks. A Chinese Foreign Ministry spokeswoman, at a media briefing Monday afternoon, said, “We oppose and condemn violence and attacks against civilians.”

CCP dog listen to what CCP said.

Good. Be a good boy to practice normal Values of Humanity.

After Criticism from Schumer, China Condemns Attacks on Civilians

ernoon. (Wu Hao/Shutterstock)

China’s Foreign Ministry toughened its statement on the Hamas attacks on Israel—but only a bit—after drawing criticism from Senate Majority Leader Chuck Schumer.

Schumer, in a meeting with China’s foreign minister in Beijing, took issue with China’s initial statement, which called for restraint from all parties but didn't condemn Hamas for launching the attacks. A Chinese Foreign Ministry spokeswoman, at a media briefing Monday afternoon, said, “We oppose and condemn violence and attacks against civilians.”

BEIJING OUT OF MONEY! Local Govts Desperately Offload Real Estate: Supply Exceeds 1.4 Billion Demand

https://youtu.be/zOFn_ZdZ3G0?si=wQBgX8_nS1_KziD9

Consequence of building white elephants and ghost city just for the number of GDP. End up homebuyers stay in unfinished units and bad debts. CCP enjoyed their US dollar with girl friends in America.

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Chinese Billionaires' Capital Flees To Underground Banks; Two Chinese Killed In Hamas Attack

https://youtu.be/ioSono_s_pg?si=d0gb6u7jHuWk4OTl

Nobody could stop silly evil Xi doing the wrong thing under power carzy and dictatorship political system.

Look like some silly fool very happy Chinese got bomb in Isreal.

Bombs not able to recognize Chinese and Jews. Silly fool.

Chinese Billionaires' Capital Flees To Underground Banks; Two Chinese Killed In Hamas Attack

https://youtu.be/ioSono_s_pg?si=d0gb6u7jHuWk4OTl

Nobody could stop silly evil Xi doing the wrong thing under power carzy and dictatorship political system.

Local chinese prefer to stay in democaratic and freedom countries. Those i.diots may consider migrate to Russia and North Korea.

But there is a dark side to remittance operations. To ultimately settle exchanges via hawala, Chinese underground banks regularly use cash generated by criminal groups through activities such as drug trafficking, cigarette smuggling, organised illegal immigration and human trafficking, according to the NCA. For example, a gang with operations in both China and Britain might front the money to pay a hawala recipient in London and then get paid a corresponding amount by the underground bankers in Shanghai.

The British law enforcers found that Chinese student accounts were sometimes used as a back door to get money into the legitimate banking system. The NCA identified more than 100 people who had made cash deposits into more than 14,000 personal bank accounts held or set up predominantly by Chinese students. The amount of cash put into these accounts in a 12-month period totalled in excess of £100 million (S$167 million), with some of the people parking more than £2.5 million each.

Right now, there are increasing signs that more money is looking to leave. Real estate consultancy Juwai IQI said in August that it expects more than 700,000 Chinese to exit the country in the next two years. Top destinations for buying property – based on searches on its site – include Australia, Canada and Britain. Singapore ­introduced a 60 per cent property tax for foreign purchasers in April, which has crimped mid-market demand.

If more cash flows out of China than into it, that means not all remittance requests can be satisfied by mirrored transactions, and agencies need to find ways to actually get money across the border. Clamping down on these routes has been a long-running game of cat and mouse. The Chinese authorities have swatted simple options such as cash being moved in suitcases or car boots or sailed to Hong Kong in junks. Increased scrutiny of overseas acquisitions has reduced the opportunities to get money out by paying an inflated price for companies outside China. The crackdown on crypto has also made it much harder to use digital currency as a workaround.

Yet there are still ways. One popular technique is known as “smurfing”. It involves recruiting people on the mainland who have not used their legitimate remittance quotas of US$50,000. By using many people, the agencies can then use their bank accounts and small individual allowances to funnel large amounts of money outside the country. Case investigations disclosed by the government show that this can sometimes reach epic scale. One man, surnamed Li, recruited 102 individuals to help send C$6.8 million (S$6.8 million) in 2020, state media reported.

Even if moving money out of China becomes more difficult, experts do not foresee any let-up in overall attempts. Based on unexplained discrepancies in tourist data – which suggest Chinese tourists are leaving cash abroad when they travel – as much as US$150 billion is expected to exit in 2023, according to an estimate from senior economist Gary Ng at French investment bank Natixis.

The networks are truly global in scope, operating not only in Hong Kong but wherever there are significant numbers of the Chinese diaspora. It is “highly likely” that underground banks will have pools of funds ready in key locations, so recipients can receive their cash quickly, and in the local currency, according to a 2019 intelligence assessment by Britain’s National Crime Agency (NCA).

Linking up with one of these money shops, though, is not a decision to be taken lightly. People caught using illegal currency ­exchange services in mainland China are usually fined 30 per cent or more of the amount of money they attempted to transfer. If the sum is significant, those providing the service face significant jail time. Although the maximum penalty of a life sentence is typically handed down only when there are compounding offences such as bribery, reports of sentences ranging from one to five years are common.

Although China’s capital laws do not apply if you are in the likes of Hong Kong, Britain or Singapore, there is a risk of legitimate banks getting suspicious about the source of funds.

A spokesperson for the Monetary Authority of Singapore said that while Singapore does not implement the capital controls of other jurisdictions, the regulator requires financial institutions, including remittance agents, to detect and report suspicious transactions and behaviour. Institutions are also required to mitigate reputational, legal and operational risk from activities affected by other jurisdictions’ laws.

Singapore’s banks have reason to be on especially high alert: In August, the authorities arrested and charged 10 people with Chinese origins with a range of crimes including money laundering. More than S$2.8 billion of cash and other assets were frozen or confiscated. The allegations involve attempts to move proceeds from illicit activities such as scams and illegal gambling, not remittances.

Since international borders reopened post-pandemic, advisers to the rich report a surge in demand for overseas backup options. Crackdowns on ideologically out-of-favour industries, uncertainty over geopolitical tensions and President Xi Jinping’s push for “common prosperity” have spooked the rich and even the middle class. In addition, the domestic economy looks increasingly dire. Many wealthy families feel it is essential to have money outside the country, whether to diversify assets or to pave the way for potential future immigration.

Traditional havens still hold their allure – think a condo in Vancouver or United States equity investments – but over the past two years, Singapore has increasingly emerged as a favoured ­destination.

Yet opportunities to move cash legitimately from China are severely limited, with individuals normally allowed to wire only US$50,000 a year overseas. They also have a one-time opportunity to move their money when they emigrate. Plugging the gap is where the underground networks come into play.

“These agencies have sprouted to meet soaring demand,” said adjunct finance professor Joel Gallo at New York University Shanghai. “They act as quasi-banking firms, yet operate without the scrutiny of one and adroitly engage in regulatory arbitrage by standing in a grey zone.”

There is no reliable estimate on how big the industry is, but probes disclosed by the authorities suggest an enormous scale. One investigation in China’s western Gansu province uncovered an operation with 75.6 billion yuan in assets, state media reported in 2021, citing China’s State Administration of Foreign Exchange. The money was spread among a network of five organisations that used more than 8,000 bank accounts across more than 20 provinces.

China’s rich entrust total strangers to sneak cash out of country

HONG KONG – Imagine entrusting your life savings to a group of strangers you know only via WhatsApp. Some affluent Chinese people are willing to make that gamble to get part of their wealth out of the mainland.

Take 32-year-old Phoebe, who recently moved almost one million yuan (S$190,000). To do it, she first had to transfer her money into the account of a local facilitator. Then, Phoebe, who requested to be identified by only her first name because of privacy and legal concerns, had to sit tight.

A few tense hours later, transactions began to pop piecemeal into a separate account she holds in Hong Kong. Once the cash is there, it can go anywhere.
The funds that appeared in Phoebe’s account came from 10 people in total – one of whom deposited the equivalent of US$1,300 (S$1,800) in notes via an ATM. The transaction moved through an informal, unregulated system known around the world as hawala. On one side of the administrative border between the mainland and Hong Kong, Phoebe handed over her money to members of her facilitator’s network; on the other side, the transaction was mirrored by others in the network who dropped money into her account.

The entire operation was dependent on faith. But Phoebe’s wait was not quite as nerve-jangling as you might expect: She had been referred to the remittance agency – which is illegal in China – by her established, well-­regarded wealth manager introduced via mutual connections.

Silly Xi always elected wrong persons as minister, that's why many ministers missing in action worse than ISA 3rd world country. Changes not seen for hundred years ie. ministers keep on missing due to his silly selection.

Xi open up all the restriction of real estate for speculation now, bot nobody want to buy. qqq lip service only he is anti chinese saying negative assets and unfinished housing projects are good.

HONG KONG, Sept 18 (Reuters) - The disappearance of Chinese Defence Minister Li Shangfu highlights the opaque and complex nature of the People's Liberation Army (PLA), diplomats and analysts say.

Reuters reported on Friday that Li is under investigation over the corrupt procurement of military equipment during his previous role. Eight other senior officials are also being investigated. His fate has not been officially explained.
Another monkey missing, useless Xi brought country to wrong direction and selected wrong person again.

China Ousted Foreign Minister Over Affair in US, WSJ Says
-Qin Gang reportedly fathered child while serving as ambassador
-Beijing relieved Qin of his duties without explanation in July

China removed Qin Gang from his job as foreign minister after an investigation concluded he had an affair and fathered a child while serving as ambassador to the US, the Wall Street Journal reported.

Missing former minister's mistress gave birth in America, another typical example of Being Anti-America Is Work , Living In America Is Life. CCP love to stay in democratic and freedom country.

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

CCP loves America and US dollar. From Mao to Xi era family migrated and transferred money there.

Nobody will win amid war, evil likes to have war.

US dollar is strong because many CCP transferred corrupted money to America.

CCP does not care about World’s Largest 1.62 Million Unfinished Units; 6 Million Homeowners Face Potential Homelessness. What a rubbish western political system.

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China's Country Garden warns it could fail to pay offshore debt obligations

World’s Largest 1.62 Million Unfinished Units; 6 Million Homeowners Face Potential Homelessness.

qqq anti chinese and fell very happy and normal to those negative assets homelessness.

Useless CCP not able to solve real estate bubble for years. What a shame.

Taiwan GDP per capita $33,907, enjoy free speaking and able to choose their leader.

No real estate bubble. No minister self disappear.

Posted by foongsh > 21 minutes ago | Report Abuse

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With those evil who promote wars, human beings will coninue suffer especially normal citizens.

Those support Russia killing citizens are evils.

If power crazy dictator try to be funny, NATO+ ,AUKUS, Indo-Pacific are strong and solid alliance.

China's Country Garden warns it could fail to pay offshore debt obligations

HONG KONG (Reuters) -China's Country Garden Holdings said it might not be able to meet all of its offshore payment obligations when due or within the relevant grace periods, as the country's largest private property developer grapples with debt restructuring.

"Such non-payment may lead to relevant creditors of the Group demanding acceleration of payment of the relevant indebtedness owed to them or pursuing enforcement action," the company said in a Hong Kong Stock Exchange filing on Tuesday.

The group is currently facing "significant" uncertainty regarding disposing of its assets and its cash position remains under pressure, added the developer, which has $10.96 billion of offshore bonds and 42.4 billion yuan ($5.81 billion) worth of loans not denominated in yuan.

Companies accounting for 40% of Chinese home sales - mostly private property developers - have defaulted on debt obligations since a liquidity crisis hit the sector in 2021, leaving many homes unfinished.

The problems have deepened in the past two years as confidence in housing and capital markets dried up, further squeezing developers' liquidity.

Country Garden said it had appointed Houlihan Lokey (NYSE:HLI), China International Capital Corporation (CICC) and law firm Sidley Austin as advisers to examine its capital structure and liquidity position.

Morningstar analyst Jeff Zhang said mandating advisers showed "whether the company will default hinges on the outcome of overseas debt restructuring and the next two weeks will be crucial."

"We do not expect Country Garden's liquidity to materially improve as homebuyers and financial institutions may continue to stay on the sidelines," he said.

The company was due on Monday to pay $66.8 million in coupons on 2024 and 2026 dollar bonds, although the payments have a 30-day grace period.

Country Garden has not disclosed whether the coupon payment was made. It did not make a principal payment of HK$470 million ($60.04 million) on certain debts, it said in the filing, without providing further details.

The developer had been working towards announcing a restructure of its offshore debt, Chinese media reported on Monday.

Country Garden faces another big test next week when its entire offshore debt could be deemed in default if it fails to pay a $15 million September coupon by Oct. 17.

ONSHORE RESTRUCTURING

Country Garden said on Tuesday it had won approval from onshore bondholders for the extension of nine series of bonds with an outstanding principal value of 14.7 billion yuan ($2.02 billion), which it said provided it "with the time and space to focus on the recovery of its business operations."

The developer's shares rose 3% in early trading on Tuesday, having lost nearly 70% of their value since the start of the year.

"The company's previous model was not sustainable, they are now addressing it, trying to scale down their debt burden and make their business size appropriate," said Sandra Chow, CreditSight's co-head of Asia Pacific research.

"There is a smaller property market overall and it makes sense to adapt to that," she said, adding that a restructure would look to extend debt maturity repayments, reduce bond coupon rates and accelerate asset sales.

Country Garden said it would make "its best effort to ensure the delivery of properties, which is the group's most critical corporate responsibility and is the key pillar to safeguard the property market."

China's government has recently implemented a range of measures from reducing deposit requirements to cutting existing mortgage rates in some cities to help renew confidence among home buyers to support the property market.

"The difficult situation shows that Chinese developers face severe liquidity pressure from weak home sales, and repayment to bondholders is still a lower priority," said Gary Ng, senior economist at Natixis Corporate and Investment Bank.

"More developers will try to extend and restructure their debt to mitigate the stress, but how fast it can be is still a big question mark."

CCP's "changes not seen for hundred years" - real estate bubble burst only created by CCP

With those evil who promote wars, human beings will coninue suffer especially normal citizens.

Evil killer Putin is a war crime.

Ukraine war: The children suffering as bombs drop on schools, nurseries and hospitals
At least 103 children have died in the conflict, Ukrainian officials said, and while many have fled the country, millions have stayed
Children face an ‘immediate and growing threat’ from Russia’s invasion of Ukraine, said the UN Children’s Fund UNICEF

Deportation of Ukrainian children to Russia is war crime - UN

Russia's forced deportation of Ukrainian children to areas under its control amounts to a war crime, UN investigators have said.

The UN Commission of Inquiry on Ukraine said there was evidence of the illegal transfer of hundreds of Ukrainian children to Russia.

The Commission's report is categorical that Russia also committed other war crimes in Ukraine.

They include attacks on hospitals, torture, rape and wilful killings.

Ukraine government figures put the number of children forcibly taken to Russia at 16,221.

Russia has introduced policies such as the granting of Russian citizenship and the placement of children in foster families to "create a framework in which some of the children may end up remaining permanently" in Russia, the report notes.

While the transfers were supposed to be temporary "most became prolonged", with both parents and children facing "an array of obstacles in establishing contact", UN investigators wrote.

In some cases, parents or children told the Commission that once in Russia-controlled areas, transferred children were made to wear "dirty clothes, were screamed at, and called names." They also said that "some children with disabilities did not receive adequate care and medication."

The burden of contacting their parents fell primarily to the transferred children as the adults faced "considerable logistical, financial, and security challenges" in finding or retrieving their children, the report says.

It also quotes witnesses as saying that the smaller children transferred may have not been able to establish contact with their families and might, as a consequence, "lose contact with them indefinitely".

The forced deportations of Ukrainian children "violate international humanitarian law, and amount to a war crime", concludes the report.

The UN said that in addition to the rapes, killings and "widespread" torture, Moscow could be responsible for the even more serious "crimes against humanity" - notably the wave of Russian attacks on Ukraine's energy infrastructure that began last October.

The commission is also trying to determine whether the bombing and siege of the city of Mariupol last May might constitute a crime against humanity.

Mariupol Maternity Hospital Destroyed By Russian Air Strike, Triggering Global Horror, Outrage

A Russian air strike has devastated a maternity hospital in the beleaguered port of Mariupol and wounded at least 17 people, Ukrainian officials said, triggering international condemnation from Washington, London, and the Vatican, among others.

The hospital bombing came as humanitarian corridors set up to let civilians flee several besieged cities around Ukraine failed to materialize on the scale expected because of continued fighting, leaving hundreds of thousands trapped without basic supplies because of Moscow's unprovoked invasion.

Mariupol's City Council said a Russian attack on the hospital on March 9 caused “colossal” damage, while President Volodymyr Zelenskiy wrote on Twitter that there were “people, children under the wreckage” of the hospital. He called the strike an “atrocity” as authorities try to establish how many people had been killed or wounded.

Seven dead including six-year-old girl as Russian missile hits center of Ukraine’s Chernihiv city

At least seven people died including a six-year-old girl and nearly 130 others injured after a Russian missile strike hit a central square in the northern Ukrainian city of Chernihiv, Ukrainian officials said.

Saturday’s strike – in a city close to the Russian border and far from the frontlines – hit a university and a theater, where an event involving drone manufacturers was taking place.

The girl killed died from her injuries in hospital, Ukraine’s Minister of Internal Affairs Ihor Klymenko said.

“Her mother is in grave condition. The police officers provided first aid to the girl. Unfortunately, doctors were unable to save her upon arrival at the hospital due to a heavy blood loss,” he added.

Klymenko said the strike happened while people were leaving church with “baskets of blessed apples.” Saturday is a major holiday in the Orthodox calendar: for The Feast of the Transfiguration, apples and honey are consecrated in churches.

A 10-year-old boy who was killed by Russia’s strike on the city of Kharkiv on Friday was apparently asleep when missiles hit residential buildings, Ukrainian officials said.

A picture purporting to show the boy’s body lying in the middle of the rubble was posted on social media by the Ukrainian Defense Ministry.

It appeared to show his body wrapped in a blue blanket covered by dust, surrounded by pieces of debris, as several rescuers stand nearby.

“A child’s body wrapped in a blanket. He was murdered this morning in Kharkiv by a Russian missile. The boy was apparently sleeping,” the ministry said.

“The Iskander is a Russian ballistic missile that can reach Kharkiv, Ukraine’s bor

Hamas not attacking Isreal, Hamas attacking the normal citizens this is war crime.

But Isreal has the responsibility for the choas of Palestinians in Gaza.

Never encourage any war or killing with any reason, just stop it.

Hamas not attacking Isreal, Hamas attacking the normal citizens this is war crime.

But Isreal has the responsibility for the choas of Palestinians in Gaza.

Never encourage any war or killing with any reason, just stop it.

Isreal does not need any other country weapon to defence. They have enough weapons.

（深圳9日讯）中国媒体报道，中国恒大的中资美元债在中国国庆假日期间遭到腰斩，恒大地产截至今年8月末涉及未能清偿的到期债务，累计已达2785.32亿人民币（约1812亿令吉）。

《财联社》7日报道，中国恒大仍在流通交易的9只中资美元债价格处于2.2至2.4美元之间，较9月27日下跌约50%。

此前中国恒大9月28日公告，截至2023年8月末，主要附属公司恒大地产涉及未能清偿的到期债务累计约2785.32亿人民币，逾期商票累计约2067.77亿人民币，标的金额3000万人民币以上未决诉讼案件数量共计1946件，标的金额总额累计约4492.98亿人民币。

Wind数据则显示，目前恒大地产集团仍存续的人民币债券共13只，涉及金额513.63亿人民币。存续美元债两只，涉及金额折约186.48亿人民币。

恒大在9月24日表示，由于监管部门正在对恒大地产进行调查，恒大无法满足发行新票据的资格，这也意味著恒大在今年3月提出的离岸债务重组计划陷入困境。

CCP broke world records, "changes have not seen for hundred years" - real estate bad debts

Evil always like to have war everywhere everytime.

The Boss Asset Transfer Path Revealed/Facing the end of the Ponzi scheme, Xi Jinping has no solution

https://youtu.be/x5ZmEvUu1s4?si=wpf9gjYcYaOh3zl0

own issues not able to resolve for years still want to support evil killing. both evils.

In the 1960s, China had grown significantly stronger and felt confident enough to present its neighbors with territorial claims. In 1962, it fought a war with India over the disputed region of Aksai Chin. And it wanted the Soviet Union to return the small deserted island of Damansky (known in China as Zhenbao, meaning "precious") on the Ussuri River.

Talks held in 1964 ended in nothing, and against the backdrop of deteriorating Soviet-Chinese relations, the situation around Damansky escalated. The number of provocations reached 5,000 a year: the Chinese demonstratively crossed into Soviet territory, making hay and grazing their cattle there, and shouting that they were on their own land. Soviet border guards had to literally push them back.

In March 1969, the conflict entered a “hot” phase. The fighting on the island involved more than 2,500 Chinese soldiers, who were opposed by about 300 border guards. A Soviet victory was achieved through the use of BM-21 Grad multiple launch rocket systems.

“Eighteen combat vehicles fired a salvo, and 720 100-kg artillery rockets were launched towards the target in a matter of just a few minutes! When the smoke cleared, everyone saw that not a single shell hit the island! All 720 rockets flew 5-7 km further, deep into Chinese territory, and smashed a village with all the headquarters, rear services and hospitals with everything that was there at the time! That is why everything went so quiet: the Chinese did not expect such impudence from us,” recalled a participant in those events, Yuri Sologub.

In the fighting for Damansky, 58 Soviet and 800 (according to official data, 68) Chinese soldiers were killed. The USSR and China agreed to freeze the conflict, effectively turning the island into a no-man's land. On May 19, 1991, it was transferred to the jurisdiction of the PRC.

So which country invaded Chinese most in history ?