Explosion near Zhongnanhai at sensitive moment near the two sessions
At a sensitive moment on the eve of the two sessions of the Chinese Communist Party, an explosion suddenly occurred today (February 23) in Beijing‘s Xicheng District, near Zhongnanhai, and the relevant video was circulated on microblogs and “deleted” by the authorities in a hurry, sparking speculation.
Zhongnanhai and other core government institutions are located in Beijing’s Xicheng District, Xicheng District official microblogging on the 23rd, said that at about 8:00 a.m. that day, located in the West Velvet Line Hutong Station, near Exit 1, the “De Feng restaurant”, a sudden explosion, two people are known to have been injured.
The site of the explosion and Zhongnanhai main gate “Xinhua Gate” is only 650 meters away, the scene of the video posted on microblogging shows that the explosion is not small, there are Chinese people heard the explosion of loud noise.
Google Maps shows that the explosion site is only 650 meters away from the Xinhua Gate in Zhongnanhai. (Web screenshot)
Pictures of the scene posted on Weibo show the entire restaurant suspected to have been blown to rubble, with firefighters working to save it.
The two sessions of the Communist Party of China (CPC) will be held in early March, and during this sensitive period, an explosion suddenly occurred near Zhongnanhai, which, strangely enough, was “deleted” on Weibo, leading to more speculation.
Xi Jinping meets with lunar exploration project staff 100 billion space stocks but rare plunge
Xi Jinping met with representatives of the Chang’e 5 mission of the lunar exploration project on the 22nd, but it is strange that the stock markets of two companies with market capitalization of more than 100 billion yuan – AVIC Power and AVIC Shenfei – suddenly plunged on the same day.
According to the Chinese Communist Party media, Xi Jinping received representatives of Chang’e 5 mission participants in the lunar exploration project in the morning of Feb. 22 at the Great Hall in Beijing, and visited the exhibition of lunar samples and achievements of the lunar exploration project, affirming the achievements of the lunar exploration project, especially the Chang’e 5 mission.
CPC Standing Committee members Li Keqiang, Li Zhanshu, Wang Yang, Wang Huning, Zhao Leji and Han Zheng attended the event.
Reuters said Xi Jinping met with representatives of China’s lunar exploration project personnel on the 22nd and stressed the continuous promotion of the innovative development of space industry. On the same day, the A-share aerospace military industry sector as a whole followed the general market decline. Two companies with a market capitalization of more than 100 billion yuan-Airfa Power and AVIC Shenfei-led the decline with -8.39% and -7.93%, respectively.
After hitting a record high last week, China’s CSI 300 index fell 3.14% on the 22nd, the biggest one-day drop since July 24, 2020, to close at 5,597.33 points as investors worried about high stock valuations and the risk of policy tightening, the report said. The Shanghai Composite Index fell 1.45% to 3,642.44 points. The GEM index closed down 4.47 percent.
Hua Ri: Jiang Zemin is afraid, Jiang Zhicheng’s assets moved overseas
According to the U.S. media, Jiang Zemin’s Family has started to transfer assets overseas in recent years. Jiang Zemin’s grandson, Jiang Zhicheng, controls Boyu Capital, which has been transferred to Singapore since 2019. Sources close to the situation revealed that Jiang’s family is concerned that his family and close associates may be liquidated by the authorities after Jiang’s death.
The Wall Street Journal on Feb. 22 cited sources familiar with the matter as disclosing that Boyu Capital has moved some of its operations from its Hong Kong headquarters to Singapore and that two of the company’s co-founders have also moved to Singapore.
The Singapore office is Boyu’s first outside of China, and the sources said Boyu moved to Singapore to avoid potential adverse effects in the political struggle within the Chinese Communist Party.
Jiang Zhicheng founded Boyu Capital in 2010, and from its inception it has lit up the name of Jiang Zemin. over the past 10 years, Boyu Capital has turned the political connections owned by Jiang’s family into a huge business fortune.
The first phase of funding for Boyu Capital (2011) is said to have come from Hong Kong giant Li Ka-shing Foundation and Temasek, a Singaporean sovereign fund.
Since the end of 2019, Banyu began transferring capital to Singapore, the report said. This coincided with the outbreak of the anti-China delivery protest movement in Hong Kong.
Singapore offers Bursa a greater distance from potential scrutiny or adverse action by Beijing authorities than Hong Kong, the sources said.
Trump banned Xinjiang cotton China’s huge export fashion chain broken
The picture shows a cotton field in China’s Xinjiang region.
In order to sanction the Chinese Communist Party for human rights violations and forced labor in the Xinjiang region, last month the U.S. Trump Administration banned imports of cotton and other products from Xinjiang, China, which has already had a huge impact on the world’s apparel industry.
Last month, Chinese cotton yarn producer Xinjiang Huafu Fashion Co. issued a warning to investors, the WaPo reported Feb. 22. The company said in a Shenzhen Stock Exchange filing that “several U.S. brands have cancelled orders. Huafu lost at least $54.3 million last year, compared with the company’s net profit of $62.5 million in 2019. Waffer is one of the few suppliers to publicly acknowledge the impact of the sanctions.
Thousands of companies worldwide were affected when the U.S. blacklisted 87 percent of China’s cotton production (produced in the Xinjiang region, which accounts for one-fifth of the world’s supply) on Jan. 13 of this year.
Companies in the U.S., U.K., Australia, Japan and other countries have been imposing import restrictions on Xinjiang cotton and other products. Nate Herman, senior vice president of the American Apparel and Footwear Association, said various U.S. fashion brands are working to remove cotton from Xinjiang from their supply chains, and while the process has been slowed by the outbreak, “we’re getting closer to our goal.”
Patagonia, for example, announced last July that it was “actively exiting the Xinjiang region,” while Gap, which owns the Old Navy and Banana Republic brands, said it had banned suppliers from directly or indirectly sourcing products, components or materials from Xinjiang.
Swedish brand “Ikea” (Ikea) said they “stopped all shipments to the U.S. containing Xinjiang cotton” after the U.S. customs ban was issued, and both Ikea and H & M said suppliers have stopped sourcing new cotton from Xinjiang.
Experts: Biden‘s rise to power: U.S. soft power exists in name only
In the United States, scholar He Qinglian wrote an article in Apple Daily on the 23rd, saying that in today’s world, the core of the foreign policy of major powers is the policy towards China, and the U.S. diplomacy towards China is also an important factor affecting the relationship between the U.S. and Europe. Although Biden’s recent statements are erratic, many people are only willing to believe in the statements that meet their own wishes.
First, the strategic positioning of the Chinese Communist Party, non-hostile relations, has now been positioned as “the most serious competitor”.
Second, the Biden Administration identified huawei as a non-trustworthy supplier, but refused to commit to continue to pull the black, and did not prohibit the flow of U.S. capital into Chinese companies.
Third, the response to the Chinese Communist Party’s policy in Xinjiang, Tibet, Hong Kong and Taiwan.
On February 10, Biden and Xi spoke for two hours, but each country picked words that were good for their image and announced them to their people.
Trump withdrew from the group and re-regulated alliances because the U.S. leadership position at the Time was only an empty name and a “first brother” position that paid for it. Biden wants to lead the world again, pay to get the name of “one brother” of course welcome, but want to maintain the substance of leadership is not easy. After all, the soft power of the United States will exist in name only after the 2020 election.
How will Trudeau vote when the Canadian Parliament is overwhelmingly characterizing the Chinese Communist Party as genocidal?
The picture shows the previous World Uyghur Congress calling on the European Union to follow up with sanctions against China, sending a clear message to the international community.
After two days of parliamentary debate last week, members of Canada‘s five major political parties voted yesterday, Monday, on the “genocide of Uighurs in Xinjiang Act. The motion was passed by an overwhelming 266-0 vote, declaring the Chinese Communist Party’s treatment of Uighur Muslims as “genocide” and, at the same time, passing another amendment calling on the Canadian government to withdraw from the 2022 “Beijing Winter Olympics” in light of human rights violations by the Chinese Communist Party. Beijing Winter Olympics” in 2022.
While Trudeau and most cabinet members reportedly abstained from the vote, Liberal “backbenchers” generally voted in favor of the motion, as did most opposition lawmakers. A “backbencher” is a non-Cabinet member of the governing party. This makes Canada the second country, after the United States, to find the Chinese Communist Party guilty of “genocide”.
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