#South China

The tarnishing of Evergrande’s ‘belt brother’ Xu Jiayin

In November 2019, Evergrande’s founder, Xu Jiayin, was speaking at the launch of a car venture, one of the many side businesses spun out from China’s second-largest property group. He articulated his five-word philosophy: rapid acquisition, close collaboration, intense networking, large scale and good quality.Those guiding principles had, by then, made him China’s richest man, with interests as varied as financial services, bottled water and football.
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Police detain HNA’s founder Chen Feng, CEO Adam Tan days after breaking one of China’s biggest conglomerates into four units

Two top executives of HNA Group have been detained by China’s police, days after one of the country’s largest private conglomerates was broken down into four separate businesses following its bankruptcy restructuring. HNA’s founder and former chairman Chen Feng, and the former chief executive Adam Tan Xiangdong have been detained...

Quad countries vow to work for freedom in region

The leaders of the US, Japan, India and Australia have vowed to work together for a free and open Indo-Pacific region at their first in-person summit, amid shared concerns about China. The so-called Quad group of nations agreed to move ahead on a joint plan to provide Covid-19 vaccines around...

Huobi Exchange Stops Accepting Chinese Users After Crypto Crackdown

China’s largest Bitcoin Exchange Huobi has implemented a measure to stop mainland Chinese residents from registering on its platform by preventing the addition of accounts with Chinese mainland phone numbers, to comply with recent Chinese crackdown on crypto. Huobi to prevent registration of new Chinese accounts. Huobi Global, often regarded...

AP News Digest 2:20 p.m.

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at—————————-ONLY ON AP—————————-NEO-NAZIS-FACEBOOK — Dozens of far-right extremists use Facebook, Instagram, YouTube and Twitter to promote their brands, new research shows. By carefully toeing the line of propriety, key architects of Germany’s far-right harness the power of mainstream social media to promote festivals, fashion brands, music labels and mixed martial arts tournaments. By Erika Kinetz. SENT: 1,810 words, photo——————————TOP STORIES———————————CONGRESS-BUDGET — Democrats are set to push their 10-year, $3.5 trillion social and environment package...

'Time to Act is Now': PM's UNGA Speech Has a Not-So-Subtle Message For China

While addressing the General Debate of the 76th Session of the United Nations General Assembly (UNGA) on Saturday, Prime Minister Narendra Modi sent out a not-so-subtle warning to China amidst its attempts to increase influence in the Indo-Pacific region, and said that ‘we cannot let our oceans be misused’. India, the US and several other world powers have been talking about the need to ensure a free, open and thriving Indo-Pacific in the backdrop of China’s rising military manoeuvring in the region. LIVE updates.

Bitcoin, 'Shang-Chi' and 'effeminate men': Why all are subject to China's wrath

China declared all cryptocurrency transactions illegalFriday, trying to shut down its citizens’ use of digital currencies that operate free of government control. It was just the latest in a spate of restrictions President Xi Jinping’s Chinese Communist Party is imposing. Last week, the Chinese equivalent of TikTok, a short-form video...

Meng Wanzhou case was political persecution: Foreign Ministry

China reiterated on Saturday that the case of Huawei Chief Financial Officer Meng Wanzhou was an incident of political persecution, saying what the United States and Canada have done is an "arbitrary detention". Responding to media inquiries about Meng's return to China from Canada, Foreign Ministry spokeswoman Hua Chunying said...

Looking Back: 50 Years of Foreign Policy

For over 50 years I have been writing about foreign policy, mostly America’s, but those of other nations as well. I think I have a pretty good grasp of countries like Turkey, China, India, Russia, and many of the members of the European Union. I regret that I am less than sure-footed in Africa and Latin America.

China Will Pay for Underestimating America's Submarines

U.S. submarines may be America's secret weapon if China invades Taiwan. Here's What You Need to Remember: In announcing its readiness to hold off the U.S. military, the PLA seems to have ignored Washington’s huge undersea advantage. The bad news first. The People’s Republic of China now believes it can...