Countdown to the Chinese New Year around the world for the year of the mouse


A live countdown to the Lunar New Year (also known as Chinese New Year) for Hong Kong, Hanoi, Vietnam, and New York on January 25, 2020.

While most of the world celebrates the New Year on January 1, many people also celebrate the traditional new year based on the lunar calendar. Celebrate as the clock strikes midnight and the new year arrives. Happy New Year from the Youtube Battles community! 🙂

At the beginning of this year we did a live countdown to 2020 with coverage for all 35 time zones in the world so that everyone could celebrate the moment as the clock struck midnight in their time zone on New Years Eve and the new year began. As the day progressed, the countdown was updated to show the next time zones to hit the year 2020.

Chinese New Year 2020 falls on January 25 | Human World …

春晚合家欢系列之同一种乡愁 | 订阅CCTV春晚

北京时间1月24日20:00,2020年中央广播电视总台春节联欢晚会将如约而至!锁定CCTV春晚频道,春晚直播等你来看,我们不见不散!
2020年中央广播电视总台春节联欢晚会直播地址:https://bit.ly/2R6DIOK

Celebrating Spring Festival with KOLs at the CGTN office 四位外国网红齐聚央视大楼喜迎春节

 

 

Moderate gains for year of the rat – StarProperty



Chinese people around the world prepare for the year of the mouse

People in Qingdao, East China’s Shandong Province pick hangings with Chinese character “Fu (fortune)” at a market on Monday. Photo: cnsphoto

The Chinese Lunar New Year will arrive on Saturday. Chinese people across the country and around the world are preparing to welcome the year of mouse with various traditions.

Chinese people value celebrating the New Year with families.

As of Monday, the national railway has served 12.24 million trips within 11 days since the peak travel season started, a 19.8 percent year-on-year increase. A total of 1,370 temporary trains have been added, China National Radio reported Tuesday.

Traditional conventions in Spring Festival vary across China.

In Chaozhou, South China’s Guangdong Province, people march with god sculptures from temples. “The gong and drum band would follow the firecrackers in the march,” Chen Aijing, a Chaozhou resident, told the Global Times.

“Each village would have different dates to celebrate. There would be performance for Chaozhou operas and traditional puppet play,” she said.

Several days before the New Year day, people in Guangzhou, Guangdong’s capital city go shopping in “Flower Street” where one can buy almost anything. On December 28 of the Lunar Calendar, families clean their houses. On the New Year Day, they make rice cakes, according to Zhao Shi, a local resident.

In Wuhan, Central China’s Hubei Province, there used to be dragon and lion dances, but the convention has been replaced by a lighting show. “Dried fish, meat and sausages are a must for Spring Festival,” a local university student Wu Han said.

Wu interns in Chongli, North China’s Hebei Province. Due to the spread of pneumonia in his home city, Wu hesitated whether he would return home.

In the northeastern provinces, people usually stay indoors during the festival due to cold temperatures.

“Watching the Spring Festival gala is a must for us,” Lun Yu, a resident from Da-

qing, Northeast China’s Heilongjiang Province, told the Global Times on Tuesday. Her big family gathers together on the New Year eve and makes dumplings with fillings of sauerkraut and pork. The dumplings are served on the table right at midnight.

For Chinese living overseas, it is often difficult for them to go home at Spring Festival. Tina Ma, who lives in Melbourne, Australia, decided to visit a friend in Brisbane. “We plan to have a big meal and watch the gala on the internet,” she told the Global Times.

Police officers perform traditional dance at a Spring Festival gala in Du’an Yao autonomous county, South China’s Guangxi Zhuang Autonomous Region on Sunday. Photo: cnsphoto

Colored lanterns featuring the Red Army displayed in Zunyi, Southwest China’s Guizhou Province. Photo: cnsphoto

A child is attracted by holiday decorations at a Spring Festival market in San Francisco. Photo: cnsphoto

A child tries the head decoration of Chakhar clan in Hohhot, North China’s Inner Mongolia Autonomous Region at an event to celebrate Spring Festival. Photo: cnsphoto

A man is writing couplets at the National Library of China in Beijing on Tuesday. An Exhibition on folk arts and intangible cultural heritage about Spring Festival kicks off here. Photo: Li Hao/GT

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Spring Festival dinner tables underscore digital advantage

From Norwegian salmon, Bostonian lobsters to Chilean cherries, the dinner tables of Chinese people have never been more globalized in the run-up to the Lunar New Year, the most important reunion time for Chinese families.

What’s behind the most important feast for Chinese points to the key to China’s economic appeal – the government’s opening-up efforts, growing consumer demand for diversified choices and better quality, and a digital economy that helps accelerate the country’s consumption upgrading.

As China is shifting toward a consumption-based economy, its rising household consumption and enhanced opening-up to the outside world indicate the great potential of the Chinese market, which attracts attention from foreign companies and exporters.

According to the National Bureau of Statistics, China’s retail sales rose 8 percent year-on-year to some 41.16 trillion yuan ($6 trillion) in 2019, with the contribution of consumption to GDP expansion reaching 57.8 percent and remaining the top growth engine for the economy. Moreover, the country’s per capita GDP exceeded the $10,000-mark last year. By any measure, there is still plenty of room for China’s consumption to grow.

But most importantly, a large-scale digital market has taken shape in China, offering a significant boost to consumption, which may be the biggest difference between China’s consumer market and those in other countries. With the upgrading of internet services, the popularization of e-commerce and the change of consumption habits, China’s internet generation of consumers have become accustomed to buying all their daily necessities online. Such efficiency and simplicity have greatly encouraged consumption innovations, providing more and better goods and services options for consumers.

In the process of promoting its consumption upgrading, China’s digital economy has not just boosted its foreign trade but also offered a lift to the rural economy. According to information from Tmall, it sold 190 million kilograms of agricultural commodities during a shopping campaign in early January this year, with income for each participating farmer increasing by 1,037 yuan.

With the rise of the digital economy, Chinese farmers are also using the tool to expand marketing channels for their output so as to improve the living standards. That’s a big difference between China and India. While rural Chinese are embracing the internet and making use of it, Indians in rural regions are resisting the shifts e-commerce will bring, which somehow explains the great vitality in the Chinese economy.

In short, China’s economic prowess lies largely in its digital economy, which sees all parts of society connect with one another to generate continuous momentum for the country to maintain strong growth.

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Chinese people to celebrate festival despite disease impact

The specter of the Wuhan novel coronavirus hovers over China with at least 544 confirmed cases across the country, and most provinces have reportedly had suspected cases, but due to the approach of the most important festival in Chinese tradition – Chinese New Year – many people across the nation maintained optimistic and will go ahead to celebrate the festival.

 

Celebration for Chinese Lunar New Year held in Chinatown of Yangon
Celebration for Chinese Lunar New Year held in Chinatown of Yangon

S.Korea’s real GDP growth hits 10-year low in 2019

South Korea’s real gross domestic product (GDP), adjusted for inflation, posted the lowest growth in 10 years last year, central bank data showed Wednesday.

S.Korea posts lowest growth in a decade

South Korea’s economy expanded at its slowest pace for a decade last year, the central bank said Wednesday.

Chinese economy in good position for future growth: US economist

The Chinese economy is in a good position for future growth as the country is making headway in further reform and opening-up at an appropriate pace, a senior US economist has said.

Tariff war risk may go beyond economic loss

When US President Donald Trump announced he would be attending this year’s World Economic Forum in Davos, Switzerland, many expected a toned-down version of the free trade-bashing Trump, whose tariff …

The usually staid Japanese media lambasted the “cowardly” Carlos Ghosn on Wednesday, after the tycoon jumped bail and fled to Lebanon to avoid trial in Japan.

 

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Washington’s unsustainable deficit hangs over global economy


With the widening US budget gap, it is no longer a secret that such a high level of federal spending is unsustainable and the resulting debt burden has become a worry for the global economy.

According to data from the US Treasury Department, the federal budget deficit went on the rise in 2019, hitting $1.02 trillion and marking the first calendar year the deficit has exceeded $1 trillion since 2012. Given the country’s tax revenues, government spending is obviously on an unsustainable path. While total government receipts grew 5 percent in 2019, federal spending increased at a faster pace of 7.5 percent.

More worryingly, as the economy slows amid headwinds, it is basically impossible for the US government to make ends meet by raising tax revenues. So based on the current trend, it will probably become a norm for the annual federal deficit to top $1 trillion in the future.

Undoubtedly, massive fiscal deficits will prompt a steady rise in public debt. According to data released by the Treasury Department on November 1, the US national debt surpassed $23 trillion for the first time in history. The figure is equivalent to about 110 percent of the country’s GDP.

Of course, it should be acknowledged that US Treasury bonds are still considered safe-haven assets in the current uncertain global markets as they are seen as secure due to their strong ratings. Treasury securities held by foreign holders amounted to $6.78 trillion as of the end of October 2019, up $580 billion compared with a year earlier, according to Treasury data issued on December 16, 2019.

In the meantime, however, the share of US debt held by foreign holders has fallen from a peak of 34.1 percent in July 2012 to about 29 percent today. The decline also reflects the accelerated expansion of US debt issuance.

So far there is no sign of any sort of sustained plan for narrowing the US deficit to at least rein in its debt expansion. Nor does the government show any sign of urgency on this issue. Maybe the only response from the Trump administration is to pressure the Federal Reserve to cut rates, a move that could help lower its interest payments on debt and devalue its currency to ease the debt burden.

Such surge in irresponsibility could be attributed to two factors – its high creditworthiness and the financial supremacy of the US dollar. Since a collapse of the US economy may cause an economic disaster around the world, the US government could be better off counting on the world to pay the bill.

Sadly, there is no way out under the current circumstances, and the only hope now is that Americans will take some concrete measures to reverse the trend before a debt crisis truly breaks out.

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Let’s come together in 2020


AS 2019 comes to a close let us reflect on how we have progressed as a nation in the past year. It’s time to take stock of our achievements and successes, weaknesses and shortcomings.2019 can be as Charles Dickens wrote in his book, A Tale of Two Cities “It was the best of times, it was the worst of times…

The Government has succeeded in enhancing governance and reducing corruption and has unveiled a new shared prosperity vision. Nevertheless, the nation still remains divided with the state of race relations somewhat fragile and fraying.

Economically, whilst Malaysia has improved its international image and reputation and attracted new foreign investments, there are still concerns over the economy, particularly the cost of living and investor confidence.

I hope 2020 will be a better year for all Malaysians, a year of hope and reconciliation so necessary for us to be more united and harmonious.

I would like to propose that for the new year we look at the 4Cs.

Cultural divide: Let us close this divide to enhance our unity and social harmony by celebrating our cultural diversity instead of deliberating on what divides us.

Corruption: We need to instil a culture of ethics and integrity to enable us to fight corruption both in the public and private sectors. The Malaysian Anti-Corruption Commission’s Act’s corporate liability clause which comes into force in June 2020 can be a game changer to eradicate corruption. We must wipe out this scourge of corruption.

Class competition: The growing inequalities and divide between the rich and poor is unsustainable. More must be done to improve the earnings of the lower middle class so that they can improve their livelihood. At the same time more must be done for the bottom 20 or B20. We have talked a lot about the B40 but the B20 needs a lot more attention.

Common values and common purpose: We need to promote and enhance common values that all Malaysians can uphold and celebrate like tolerance, harmony, trust and mutual understanding. We must also have a common purpose that transcends our political divide and brings us together as a nation.

I would also like to urge the 4As of unity – acceptance, awareness, accommodation and acknowledgement. We need to maintain an equilibrium of the legitimate interests of the various communities.

Finally, I hope all Malaysians will come together to focus on the 3Es which must also be prioritised by the Government.

Economic growth: To ensure we continue to enjoy sustainable economic growth of 4%-5%.

Employment: We need to have enough jobs for our younger generation and create jobs of the future.

Environmental sustainability: We need a joint coordinated effort between government, business and civil society organisations to promote and achieve environmental sustainability so essential for future generations.

These are our common challenges going into 2020. Let us strengthen collaboration to move forward so that we can together work towards upholding the 4Ps – people, planet, peace, prosperity and partnerships for a better nation and better world.

May 2020 be a better and happier year for all of us and a year of the new 3Rs – reconciliation, renewal and racial harmony.

In 2020 we need to also keep focusing on the 3Ds – democracy, divide and digitalisation. The need to continue to strengthen democratic reforms, closing our racial and religious divides and accelerating digitalisation should move the nation forward.

Let 2020 also be the year we accelerate efforts to get rid of the 4Is – inequalities, injustices, indifference and impunity.

Let us begin a new year with new hopes. Happy New Year to all Malaysians.

Together let us unite and move forward to make 2020 the best year ever for Malaysia and Malaysians.

Tan Sri Michael Yeoh, President Kingsley Strategic Institute for Asia Pacific

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Macao-rise with China while Hongkong in decline, why?


Chinese President Xi Jinping (front C) and his wife Peng Liyuan (behind Xi) walk on the red carpet in front of outgoing Macao Chief Executive Fernando Chui (C) and incoming chief executive Ho Iat Seng (blue tie)
after Xi and his wife’s arrival at the Macau International Airport in Macao on Wednesday, ahead of celebrations for the 20th anniversary of the handover from Portugal to China. Photo: AFP :
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The inauguration of the fifth-term government will be held Friday morning followed by Xi’s meeting with newly inaugurated judicial and administrative officials.

Macao’s landmark Ruins of St. Paul. Photo: VCG


China’s ambassador to UK says Macao can show Hong Kong way forward

 The success of Macao’s “One Country, Two Systems” will “light up the path forward for Hong Kong,” said Liu Xiaoming, China’s top envoy to the UK, during a banquet at the Chinese embassy in London to celebrate the 20th anniversary of Macao’s return to China. #HK

Macao in Transition: Witness to History / Macao in Transition: Rising Stars

HK, Macao share more differences than similarities

Hong Kong and Macao, China’s two Special Administrative Regions (SARs) practicing the “one country, two systems” principle, share more differences than similarities, while Hong Kong’s social turbulence offers Macao a lesson, observers and analysts said.

From the former Portuguese colony to the world’s gaming hub, Macao is poised to become the richest place, overtaking Qatar with the highest per capita gross domestic product on a purchasing power parity basis by 2020. The small city, with a land area of 32.9 square kilometers, has seen its economic growth skyrocket by over 700 percent over the past two decades and become a city with high social welfare.

While Macao is embracing the 20th anniversary celebration of its return to China, it has been praised again for setting a good example of implementing the “one country, two systems” principle, especially as Hong Kong, which returned to the motherland two years before Macao, has been engulfed in months of anti-government protests.

During President Xi Jinping’s visit to Macao from Wednesday to Friday to attend events marking the 20th anniversary of Macao’s return, he is expected to announce a series of favorable policies aimed at diversifying the city’s gaming-dependent economy into a financial center, according to media reports. And such a move is considered as a reward to Hong Kong’s neighboring city for avoiding anti-government protests, according to observers, and some suggested that promoting Macao as a new financial center could be an alternative to Hong Kong.

However, former officials and experts claimed that though the two SARs shared common ground such as a high-degree of autonomy, judicial independence and freedom of the press, they have differences in the way they handle relations with the central government and interpret the “one country, two systems” principle. Instead of simply labeling Macao a “good student” or “golden child” as the city is immune to anti-government protests spiraling next door, it should take a look at the fundamental reasons why the two cities are different from historical, cultural and social perspectives, local observers suggested.

Two SARs’ differences

As Hong Kong protesters identify themselves as Hongkongers instead of Chinese, Macao people believe that rejecting their Chinese nationality unacceptable, Wu Zhiliang, president of the Macau Foundation, told the Global Times on Tuesday.

“Macao people have a deep understanding of the word ‘return’,” Wu said, noting that it is not about changing the national flag, or shifting from the governor of Macao to chief executive of Macao SAR government, it is about integrating into the country’s whole governance and strategic development plans.

Opposition groups in Hong Kong consider any move of the central government as intervention that erodes its high degree of autonomy, as the central government could not take any gesture, which is a misunderstanding of the “one country, two systems” principle, and is not accepted by people in Macao.

“When Macao comes up with new policies, it always takes the country’s development plans into consideration,” Wu said.

For instance, when the central government launched an anti-corruption campaign years ago, Macao imposed restrictions on cross-border financing involving Chinese funds, although it had heavily weighed on its pillar gaming industry, local representatives said.

“Compared to Hong Kong, there is no such mentality of worshiping Western political systems and social values here in Macao, though it has always been under the mixed influence of Eastern and Western cultures, and people treat those two equally,” Wu said.

Unlike Hong Kong, which has been heavily influenced by the West, Macao has a stronger attachment to Chinese culture and values due to its “historical genes.”

In the colonial period of Macao, Portuguese control had seen its influence over local communities declining, drawing a contrast with the relatively sophisticated way British authorities took in ruling Hong Kong before handing it over to China.

“There has been no strong cultural penetration of the West in Macao society, which had not been affected by Western social value either,” Susana Chou, former president of the Legislative Assembly of Macao, told the Global Times on Tuesday. “For example, when the Hotel of Lisboa was inaugurated years ago, many people in Macao did not know where ‘Lisboa’ is. Could you image Hong Kong people not knowing where London is? ” she asked.

While Hong Kong opposition lawmakers turned debates for rolling out policies into political battles, lawmakers in Macao are not against the Constitution, nor the Basic Law and the Communist Party of China, the former president said, noting that they would come up with different ideas to help roll out better policies.

“It’s also inaccurate to say the Legislative Assembly of Macao is the SAR government’s affiliate, as we also criticize our government officials a lot. And the assembly often rejects the proposals made by the government,” Chou said, noting that the opposition is based on concrete arguments rather than disapproving everything because of its political stance.

Lesson to learn

Considering Macao’s historical ties with the mainland, there has been no room for separatism, Wu noted. “But what has happened in Hong Kong would lead us to reflect on deep-rooted questions in Macao, particularly issues concerning Macao youth,” he said.

Behind Hong Kong’s chaos lie deep-seated social problems, as the majority of arrested radical protesters who trashed the rule of law were youngsters. Although Macao is not facing the same issue, the problems with Hong Kong youth could be seen as a warning sign for the city, observers said.

“We lack a fairer and transparent mechanism for Macao young people to climb toward upper society, and also the numbers of skilled positions are limited,” Wu said, noting that the local talent policy is still protective.

“If Macao further opens up its market, could local youth become as competitive as talent from outside? And will talent inflow accelerate social conflicts and anxiety of local youth?” he asked.

While Hong Kong and Macao both share freedom of speech and an open internet, information has been circulating freely on social media and many Macao young people have been well informed about Hong Kong’s social unrest for months. When the students were asked about questions on Hong Kong police brutality, many rationally discuss the matter with teachers instead of arguing with their peers and making one-sided judgments, Wu noted.

“Young people could easily influence each other, which is inevitable. It’s up to how teachers and parents guide them,” he said.

Macao has gained a higher degree of autonomy thanks to the confidence and trust of the central government, which, observers said, creates a positive cycle.

On the contrary, if Hong Kong’s opposition groups continue to touch the redline of the central government, it might lead to reevaluation of political risks in Hong Kong by the central government and the expected political reforms could hardly make any progress in the city, observers said.

The virtuous cycle established between the central government and Macao as well as between Macao and the mainland could to some extent serve as a reference for Hong Kong, they noted.

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The Black Hand – ETIM and Terrorism in Xinjiang, American human rights, freedom and democracy condemned


China’s Most Direct Security Threat
 
Chaos was rampant in China’s westernmost region. Explosions and other violence struck terror in the hearts of residents in the country’s Xinjiang region. The victims and  survivors should be remembered in China’s current fight against terrorism.

https://youtu.be/8a0SCmf8iI0

The East Turkistan Islamic Movement, or ETIM, is designated as a terrorist organization by the UN. For decades, the group which has close links with international terrorist organizations perpetrated countless terrorist attacks aiming to separate the Xinjiang Uygur Autonomous Region from China.
The movement has attempted to recruit people on a massive scale, spreading a radical ideology that continues to cause chaos in many countries around the world.
In this exclusive CGTN exposé, we show you never-before-seen footage including interviews with perpetrators and recruitment videos used by this black hand.

https://youtu.be/HbhdU5TSipY

The Long-Term Fight

Terrorist acts in modern China are just using religious extremism as a banner to separate Xinjiang from the country. ETIM, one of the most wanted terrorist organizations in the country, has been creating strife to divide ethnic groups and religions in the region for decades. Many of its members were trained outside the country in extremist thought, returning to the country to apply their radical ideologies.

The human cost
An SUV slammed through the barricades in Beijing’s iconic Tian’anmen Square in 2013, killing two and wounding 40. The three attackers had sworn the so-called jihad on the hills of Urumqi, a bustling city in China’s Xinjiang region.
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Director of the Office of Foreign Affairs Commission of the CPC Central Committee, Yang Jiechi, has spoken on the phone with U.S. Secretary of State Mike Pompeo. Yang said that the recent U.S. passage of legislation on Hong Kong and Xinjiang was interference in China’s domestic affairs.

He said that it violated international law and the basic principles of international affairs. Yang also said that Beijing will resolutely protect its territorial sovereignty and urged the U.S. to stop interfering in China’s internal affairs.

https://youtu.be/WKZgtlzz604
Senior Chinese official condemns US interference in China’s internal affairs 

 

BEIJING: Yang Jiechi (pic), member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Office of the Foreign Affairs Commission of the CPC Central Committee, held a phone conversation with US Secretary of State Mike Pompeo on Sunday (Dec 8).

Noting that the United States had allowed the so-called “Hong Kong Human Rights and Democracy Act of 2019” to become law and the House of Representatives of the US Congress to pass the so-called “Uygur Human Rights Policy Act of 2019,” Yang said US officials have repeatedly made statements that distort and attack China’s political system and internal and external policies.

Those are gross interference in China’s internal affairs and a serious violation of the international law, the basic norms of international relations and the will of the Chinese and US people as well as the international community, Yang said.

“China firmly opposes and strongly condemns these acts,” he said.

Over the past 70 years since the founding of the People’s Republic of China, great achievements which have attracted worldwide attention have been made, Yang said, adding that it is under the leadership of the CPC that the Chinese people have found a path of development suited to China’s national conditions.

The Chinese people have a high degree of confidence in their own development path, theory, system and culture and will unswervingly follow their own development path, and no force can stop the Chinese people from marching forward, Yang said.

China’s determination to defend national sovereignty, security and development interests is unwavering and no one should expect China to swallow anything that undermines its own interests, Yang said.

Yang said that China urges the US side to come to a clear assessment of the situation, correct its mistakes and immediately stop slandering China and interfering in China’s internal affairs. – Xinhua/Asian News Network (ANN)

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Counter-terrorism proven effective to protect human rights

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Anti-terrorism efforts effectively protect human rights in Xinjiang

Documentary reveals facts: Brutal scenes of attacks show sacrifice of police, justify Xinjiang policies  

China’s first documentary on its overall counter-terrorism efforts in Xinjiang aired Thursday night prompted wide discussions among the audience with never-before-seen scenes of terrorism, which highlighted the hefty price China has paid and the country’s resolve to eradicate terrorism.

Video and audio clips in the English-language documentary were shown for the first time as evidence of the horrible crimes wrought by terrorists in the Xinjiang Uyghur Autonomous Region. It also showed interactions between terrorists and overseas masterminds.

The nearly one hour-long documentary, “Fighting Terrorism in Xinjiang,” which was streamed on CGTN, China’s state broadcaster, has four parts. It begins with the evolution of extremism in Xinjiang, followed by the fight against terrorism. It also illustrated the interactions of terrorists and overseas forces accompanied by audio and video evidence. The documentary ends by highlighting international cooperation on counter-terrorism.

Zheng Liang, a research fellow at Guangdong-based Jinan University, who studied Xinjiang for more than 10 years, told the Global Times that he felt “shocked” after viewing the documentary.

Zheng said that previous videos on Xinjiang’s counter-terrorism were not as specific and well-edited as the Thursday one. “This newly released documentary uses quite different visual language adopted by mainstream media.”

“The authorities did not publish the video and details of terrorist attacks in Xinjiang before out of concern they may cause panic. This proves China had paid a high price in fighting terrorism, and the international community should have a clear understanding of this,” Li Wei, a counter-terrorism expert at the China Institute of Contemporary International Relations in Beijing, told the Global Times.

Li noted that the video and audio footage justify China’s Xinjiang policies in countering terrorism, including launching the vocational education and training centers, which have been highly effective in de-radicalizing and fighting extremist forces.

The beginning of the documentary features the landscape of Xinjiang, its culture and the different ethnic groups in China, including the prosperous markets and people’s peaceful and happy lives. Then the scene shifts to depicting the threat of terrorism that wrought havoc in the region.

Global threat

Xinjiang has long been the main battlefield of countering terrorism. According to incomplete data, from 1990 to 2016, Xinjiang endured thousands of terrorist attacks that killed large numbers of innocent people and hundreds of police officers.

The documentary features video footage of terrorist attacks in Xinjiang, including one in Yining, Ili Kazak Autonomous Prefecture in 1997, which left seven dead and 198 injured; the Urumqi riots on July 5, 2009, which caused 197 deaths and over 1,700 injuries; and the 2013 Seriqbuya attack in Kashi, which left 15 dead and two wounded.

Terrorists also orchestrated attacks in other cities of China: ramming a car into a crowd in Tiananmen Square in 2013, and another attack that struck the Kunming railway station on March 1, 2014, that left 31 dead and 141 wounded.

Police officers in Xinjiang work on the frontline of the fight against terrorism. According to data from China Central Television, from 2013 to 2016, a total of 127 police officers in Xinjiang sacrificed their lives in the line of duty.

Experts believe terrorism is a global threat, and no country can win the war against terrorism on its own. In the face of the threat of terrorism and extremism, Xinjiang has taken a series of measures, including establishing laws and regulations, and launching effective counter-terrorism operations.

According to media reports found by the Global Times, the Xinjiang region launched a special counter-terrorism campaign in May 2014.

Authorities have cracked down on 1,588 terrorist groups, and 12,995 terrorists and 2,052 explosive materials had been seized in Xinjiang since 2014, read a white paper on regional work on counter-terrorism, de-extremism and human rights protection in March.

By Liu Xin and Fan Lingzhi

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Blockchain: Internet of Value/ Currency of Trust; Private cryptocurrency a misallocation among blockchain technology, say research & economist


  • Blockchain embodies the internet of value. How will it revolutionize our lives and our pockets?

  •  And, we look at the qualities Blockchain needs to spark mass adoption.

Blockchain, one of the buzzwords in technology, is set to rise in China. Recently,
Chinese President Xi Jinping underscored the fledgling technology as the country increasingly views Blockchain as key to future innovation. Has a digital game changer arrived? How will a boom in Blockchain impact our lives? Today we delve into the world of the new technology and talk to Don Tapscott, co-founder and executive chairman of the Blockchain Research Institute, to find out more.

Currency of Trust

Blockchain has the potential to be revolutionary. But, what hurdles must it overcome before it can hit the mainstream? In London, we invited Patrick McCorry, founder and CEO of PISA Research, a grant funded by a group of Blockchain companies, to decode this ever-changing world.

Private cryptocurrency a misallocation among blockchain technology, says economist

Cryptocurrency is digital-based cash among the internet world nowadays. Born from blockchain, this kind of “currency” is blooming in terms of high privacy. Acknowledging that, Nobel Prize-winning economist and Harvard professor Eric Maskin commented that private cryptocurrency is a misallocation.

“The most important application of blockchain so far has been cryptocurrency, and that is a terrible misallocation. In my view, cryptocurrency, at least private cryptocurrency like bitcoin is a mistake,” said Maskin.

“Because the public currency like RMB and U.S. dollar are much more useful than private currency. [Public currencies] they preserve the power of central banks to conduct monetary policy. If no one is using the dollar, then the U.S. monetary policy is useless. So I’m worried about cryptocurrency only to the extent that it reduces the use of currencies like RMB or dollar,” he added.

He also pointed out that cryptocurrencies could interfere with central banks’ monetary policies.

Meanwhile, Maskin supports the idea that blockchain is a technology. He noted that it is one of the exciting developments that have come along in recent years.

“Blockchain can make all sorts of transactions much easier and much more secure. It can also ensure that only the information that people need to have gets transmitted,” said Maskin.

“Blockchain is a way for me to guarantee that only what you need to about me gets told. And that’s valuable in a world where we’re beginning to worry about privacy issues,” the professor explained.

Besides, Maskin supports building the country’s own digital currencies. With the backdrop of e-payment booming around the world, Maskin said the digital currency can make transaction easier but it won’t have all of the unpleasant side effects of these private currencies.

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Blockchain with Chinese characteristics

 

 

 

US cannot break China’s supply chain


The US has once again disparaged the Chinese economy to entertain itself. US President Donald Trump on Saturday claimed China’s supply chain was “all broken, like an egg,” and said China wanted a deal more than the US did.

The fact is, however, senior US officials are talking about trade wars and trade deals almost every day, while Chinese officials rarely do this. Anyone who knows a little bit about psychology can figure out that such responses of the US reflect anxiety, rather than calmness.

Is China’s supply chain broken like an egg? Chinese telecom giant Huawei has not begged the US to be “magnanimous.” It is now US companies that are asking to be excluded from US restrictions.

Being placed in the Entity List has certainly caused difficulties for Huawei, but such hardships are far from delivering vital blows to fling the company down. Some US elites are clamoring for knocking Huawei down, but their indecent acts have only stimulated Huawei’s strength and growth. And Chinese people generally believe that this high-tech company will be increasingly strong.

The US cannot even defeat one Chinese enterprise by making full use of its whole country’s power. Now it is claiming it will break the supply chain of all of China as an egg. Is such bragging too exaggerated? We wonder how the public opinion and voters in the US can tolerate such a boast. The voters are seemingly quite gullible.

The US is suffering an economic downturn, and many indicators demonstrate that its good days are coming to an end. US state leaders and senior officials are like cheerleaders, taking turns to cheer up the stock index.

In terms of economic situations, Chinese officials’ description is absolutely more objective and calm than the US side. China recognizes that the trade war has brought negative impacts, and our efforts to eliminate such effects are open and timely. The US, however, is trying to cover up the effects of the trade war it has launched.

China has already focused its efforts on solving its own problems. We will not bet on the idea that reaching a deal will fundamentally change China-US economic relations. Most Chinese believe that whether there is an agreement or not, turmoil between the two countries will not end. Chinese society is in favor of reaching a trade deal, but it is also patient.

Including Chinese companies such as Huawei in the Entity List will cause long-term damages to US business community’s reputation. Foreign companies may be on guard against US enterprises in the future while building their own supply chains, which will certainly offer more opportunities for US competitors.

The US is so keen on imposing sanctions, and is fond of applying sanctions on related third-parties. Betting on US companies may work in a short term, but cannot serve as a long-term strategy. The US has trodden business ethics under foot in this round of China-US games. It is even pleased with itself for overtly destroying China’s supply chain. At the strategic planning in the US, there are no such concepts like honesty and morality. The Chinese society has clearly observed this, as has the entire world.

Fortunately, China has the widest range of manufacturing sectors in the world, which has given the country a special strength in the global supply chain. China is not afraid of any game against the supply chain. Producers without China’s supply chain will certainly feel more pain than China.

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