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To Protect the Future, Hold China to Account

The problem is that Chinese companies have pre-empted this by investing and setting up operations in Vietnam and Thailand. During Trump's trade war, a lot of Chinese goods were conveniently repackaged as originating from Vietnam and exported to the US. Some of these companies, including a renewables manufacturer I know first-hand, were clumsy with the packaging and are currently fighting lawsuits in the US.

The world is paying a huge price for the west's complacency towards China over the last three decades. The fact that the Democratic establishment in the US are now practically carrying on Trump's policy against China tells you all you need to know about the horrendous crime that has been perpetrated over the last 18 months.

Yeah, back in the late 1970s the US thought that China was going to help them beat the Soviet Union. Instead China has now become the biggest problem for the US, which is severely handicapped as there are strong lobbies that profit from China and want no meaningful actions taken against it.

Biden's drug addict son Hunter part owned a private equity firm that got $2.5 billion investment from Chinese banks. Biden is not going to forget that favor China did.

Hunter Biden, a 49-year-old lawyer and the second son of the former vice president, owns 10% of a private-equity firm called Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co.

Over the past roughly six years, it has channeled $2.5 billion or more on behalf of its financial backers into automotive, energy, mining and technology deals, according to interviews with people familiar with the private-equity firm and a review by The Wall Street Journal of financial filings and other official business records.

https://www.wsj.com/articles/what-we-know-about-hunter-bidens-dealings-in-china-11570181403
 
‘The Last G7’: Satirical cartoon mocking bloc’s attempt to suppress China goes viral

https://www.globaltimes.cn/page/202106/1226050.shtml

A Chinese cartoonist’s political satire, which mocked the Group of Seven (G7) members that attempt to suppress China, went viral on Chinese social media on Sunday, when the G7 summit was underway in Cornwall, the UK.

Titled The Last G7, the illustration, published by its author “Bantonglaoatang” on Sina Weibo on Saturday, was painted based on the renowned religious mural The Last Supper. This G7 summit is widely seen as an attempt by the US to rally allies against China.

Similar to the final meal Jesus shared with his apostles before his crucifixion that The Last Supper depicted, Bantonglaoatang painted a vivid picture of nine animals – respectively representing the US, the UK, Italy, Canada, Japan, Germany, France, Australia and India – sitting around a table with a Chinese-map-shaped cake on it. On top of the painting is the words in quote: Through this we can still rule the world.

These animals have different facial expressions and gestures, implying that each side of the G7 actually has its own axe to grind on the common conspiracies of suppressing China and upholding the Western hegemony, analyzed some observers and Chinese netizens.

Wearing a bowler hat with an American flag on it, a bald eagle sits in the middle like Jesus in The Last Supper, obviously the convenor of the meal. In front of the bald eagle there is a small banknote printing machine and a bill on the table. The machine is printing toilet paper into dollars, and the number on the bill gets bigger and bigger – from $2 trillion to $8 trillion.

There is also an iron hook under its feet, and two pieces of cotton with blood near its hands on the table, suggesting “the US’ capital accumulation was built on racial oppression,” a vlogger nicknamed “sharp-tongued pumpkin” said in his latest video analyzing the illustration, which has gained over 700,000 views on video streaming platform Bilibili within a day after he uploaded it on Saturday afternoon.

The bald eagle image shows today’s aggressive yet feeble US is trapped in its growing debt crisis and racial conflicts, but still points fingers at China, “sharp-tongued pumpkin” pointed out.

Sitting on the left of the bald eagle is a grey wolf, wearing a cap with an Italian flag on it. The wolf waves its hands as the apostle Andrew in The Last Supper, as if saying “No” to the US’ suggestions of jointly cracking down on China. The grey wolf image shows Italy, the first European country that joined China’s Belt and Road Initiative (BRI), is reluctant to collaborate with the US in suppressing China, commented “sharp-tongued pumpkin.”

Next to the wolf is an Akita dog that represents Japan. Without a seat, it is busy serving the others a “drink” – pouring green radioactive water into the glasses of the other animals. On Weibo some users said the green water is the contaminated water that Japan plans to release to the Pacific from the destroyed Fukushima nuclear plant.

Sitting next to the dog is a kangaroo, which is stretching its left hand to the banknotes that the US is printing, while grasping a bag in its right hand. The kangaroo symbolizes the double-faced Australia which actively cooperates with the US in containing China, but is also eager to earn money from China, its largest trading partner, according to “sharp-tongued pumpkin.”

On the left corner stands a black hawk, which obviously represents Germany as its pose is almost the same as that of the German Chancellor Angela Merkel in a widespread photo in the G7 summit in 2018. Germany, similar to the rooster (representing France) sitting in silence on the right side, seems more interested in its own European issues and shows less enthusiasm on the US’ propaganda, netizens found.

On the right side of the table also sits a lion and a nutria, respectively representing the UK and Canada, both the US’ close Five Eyes allies. The nutria, wearing a red coat with images of marijuana on it, holds a doll in its hand. Many netizens believe the doll represents Huawei’s chief financial officer Meng Wanzhou, who is still unreasonably detained in Canada.

On the right corner of the table sits an elephant (representing India) that is on a drip like a patient.

Under the table there is a frog holding banknotes in its hands, trying to jump as high as possible to reach the table and give the money to the US. The little frog symbolizes the separatist authority from the island of Taiwan, which is always subservient to the US, some netizens pointed out.

The illustration caused a stir on Weibo on Sunday, with numerous users praising the author for vividly and straightforwardly revealing the evil intentions of the West that tries to lay a siege to China. “But this is perhaps their ‘last supper,’’’ one user mocked. “With different positions, for various interests of their own, these countries and regions can’t form a real league against China.”

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https://www.globaltimes.cn/page/202106/1226050.shtml

A Chinese cartoonist’s political satire, which mocked the Group of Seven (G7) members that attempt to suppress China, went viral on Chinese social media on Sunday, when the G7 summit was underway in Cornwall, the UK.

Titled The Last G7, the illustration, published by its author “Bantonglaoatang” on Sina Weibo on Saturday, was painted based on the renowned religious mural The Last Supper. This G7 summit is widely seen as an attempt by the US to rally allies against China.

Similar to the final meal Jesus shared with his apostles before his crucifixion that The Last Supper depicted, Bantonglaoatang painted a vivid picture of nine animals – respectively representing the US, the UK, Italy, Canada, Japan, Germany, France, Australia and India – sitting around a table with a Chinese-map-shaped cake on it. On top of the painting is the words in quote: Through this we can still rule the world.

These animals have different facial expressions and gestures, implying that each side of the G7 actually has its own axe to grind on the common conspiracies of suppressing China and upholding the Western hegemony, analyzed some observers and Chinese netizens.

Wearing a bowler hat with an American flag on it, a bald eagle sits in the middle like Jesus in The Last Supper, obviously the convenor of the meal. In front of the bald eagle there is a small banknote printing machine and a bill on the table. The machine is printing toilet paper into dollars, and the number on the bill gets bigger and bigger – from $2 trillion to $8 trillion.

There is also an iron hook under its feet, and two pieces of cotton with blood near its hands on the table, suggesting “the US’ capital accumulation was built on racial oppression,” a vlogger nicknamed “sharp-tongued pumpkin” said in his latest video analyzing the illustration, which has gained over 700,000 views on video streaming platform Bilibili within a day after he uploaded it on Saturday afternoon.

The bald eagle image shows today’s aggressive yet feeble US is trapped in its growing debt crisis and racial conflicts, but still points fingers at China, “sharp-tongued pumpkin” pointed out.

Sitting on the left of the bald eagle is a grey wolf, wearing a cap with an Italian flag on it. The wolf waves its hands as the apostle Andrew in The Last Supper, as if saying “No” to the US’ suggestions of jointly cracking down on China. The grey wolf image shows Italy, the first European country that joined China’s Belt and Road Initiative (BRI), is reluctant to collaborate with the US in suppressing China, commented “sharp-tongued pumpkin.”

Next to the wolf is an Akita dog that represents Japan. Without a seat, it is busy serving the others a “drink” – pouring green radioactive water into the glasses of the other animals. On Weibo some users said the green water is the contaminated water that Japan plans to release to the Pacific from the destroyed Fukushima nuclear plant.

Sitting next to the dog is a kangaroo, which is stretching its left hand to the banknotes that the US is printing, while grasping a bag in its right hand. The kangaroo symbolizes the double-faced Australia which actively cooperates with the US in containing China, but is also eager to earn money from China, its largest trading partner, according to “sharp-tongued pumpkin.”

On the left corner stands a black hawk, which obviously represents Germany as its pose is almost the same as that of the German Chancellor Angela Merkel in a widespread photo in the G7 summit in 2018. Germany, similar to the rooster (representing France) sitting in silence on the right side, seems more interested in its own European issues and shows less enthusiasm on the US’ propaganda, netizens found.

On the right side of the table also sits a lion and a nutria, respectively representing the UK and Canada, both the US’ close Five Eyes allies. The nutria, wearing a red coat with images of marijuana on it, holds a doll in its hand. Many netizens believe the doll represents Huawei’s chief financial officer Meng Wanzhou, who is still unreasonably detained in Canada.

On the right corner of the table sits an elephant (representing India) that is on a drip like a patient.

Under the table there is a frog holding banknotes in its hands, trying to jump as high as possible to reach the table and give the money to the US. The little frog symbolizes the separatist authority from the island of Taiwan, which is always subservient to the US, some netizens pointed out.

The illustration caused a stir on Weibo on Sunday, with numerous users praising the author for vividly and straightforwardly revealing the evil intentions of the West that tries to lay a siege to China. “But this is perhaps their ‘last supper,’’’ one user mocked. “With different positions, for various interests of their own, these countries and regions can’t form a real league against China.”

View attachment 109736

Yeah, everybody is ganging up on the Chinese, poor guys.

They do dangerous research on the virus without proper protections, then export it to countries worldwide, then make fun of countries like India which have been hit hard by showing it to be on a drip.
 
Yeah, everybody is ganging up on the Chinese, poor guys.

They do dangerous research on the virus without proper protections, then export it to countries worldwide, then make fun of countries like India which have been hit hard by showing it to be on a drip.

Not only that, look at the colour of the drip. They are clearly mocking India’s religious beliefs(and statements of some Indian politicians about cow urine being a cure for covid) and there is also a begging bowl. The cartoon is pretty low and borderline racist.
 
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End for China is nearing I feel, with the G7 forming etc, the majority of the world don't like China, they have practically no useful allies except for Russia which the Americans can pressure to stay out if NATO, G7 and rest of the world decides to end China like it did the Germans in WWII...
 
End for China is nearing I feel, with the G7 forming etc, the majority of the world don't like China, they have practically no useful allies except for Russia which the Americans can pressure to stay out if NATO, G7 and rest of the world decides to end China like it did the Germans in WWII...

Think that's immensely wishful thinking, the CCP have got their claws in deep in most countries including the United States. They have strategically invested in sectors such as industrial manufacturing, utilities, telecommunications, technological R&D, venture capital, media, and real estate around the world. There are too many corporate interests that are intertwined with the objectives of the CCP.

It will take a monumental change in the balance of industrial production globally before the Chinese can be marginalized. If the CCP deems it suitable, it can cripple the global economy for a couple of decades.

It's the policies of successive governments in the United States and Western Europe post the fall of the Iron Curtain that have led us to this moment.
 
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Not only that, look at the colour of the drip. They are clearly mocking India’s religious beliefs(and statements of some Indian politicians about cow urine being a cure for covid) and there is also a begging bowl. The cartoon is pretty low and borderline racist.

If I caused someone else to fall sick, the least I would have done is to feel ashamed, apologize and try to help. Instead this guy is gloating, the definition of shameless.

India (like the US and Europe) has already kicked Huawei out, next up will the the Chinese smartphone makers like Jio.
 
3 things I believe are most likely:

1) The virus came from the Wuhan lab. No animal has been found with virus in spite of an extensive search.

https://nypost.com/2021/05/28/inside-chinas-exhaustive-search-for-covid-positive-animals/

2) The Chinese military engages in bioweapons research and collaborates with the different virus labs in China.

3) It was an accidental release. The Chinese are crazy enough to do "gain of function" virus research without proper safeguards, but not that crazy to release the virus deliberately.

All of these coincidences appear to have happened just in time it seems, China's rise was becoming unstoppable, this might be a great opportunity to get western countries all fighting on the same side to stop China, along with Indian help.
 
China Disease Expert Says COVID-19 Origins Probe Should Shift To US: Report

The study, published this week by the U.S. National Institutes for Health (NIH), showed that at least seven people in five different U.S. states were infected with SARS-CoV-2, the virus that causes COVID-19, weeks before the first official cases were reported.

A senior Chinese expert said the United States should be the priority in the next phase of investigations into the origin of COVID-19 after a study showed the disease could have been circulating there as early as December 2019, state media said on Thursday.
The study, published this week by the U.S. National Institutes for Health (NIH), showed that at least seven people in five different U.S. states were infected with SARS-CoV-2, the virus that causes COVID-19, weeks before the first official cases were reported.

Zeng Guang, chief epidemiologist with the Chinese Center for Disease Control and Prevention, told state-owned tabloid the Global Times that attention should now shift to the United States, which was slow to test people in the early stages of the outbreak, and is also the home of many biological laboratories.

"All bio-weapons related subjects that the country has should be subject to scrutiny," he was quoted as saying.

Commenting on the study on Wednesday, foreign ministry spokesman Zhao Lijian said it was now "obvious" that the COVID-19 outbreak had "multiple origins" and that other countries should cooperate with the World Health Organization (WHO).

The origin of the pandemic has become a source of political tension between China and the United States, with much of the focus on the Wuhan Institute of Virology, located in the city where the outbreak was first identified in late 2019.

A report by a U.S. government national laboratory concluded that it was plausible that the virus had leaked from the Wuhan lab, the Wall Street Journal reported earlier this month.

A previous study has raised the possibility that SARS-CoV-2 could have been circulating in Europe as early as September, but experts said this didn't necessarily mean it did not originate in China, where many SARS-like coronaviruses have been found in the wild.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

https://www.ndtv.com/world-news/china-disease-expert-says-covid-19-origins-probe-should-shift-to-us-report-2465739
 
India has suffered a lot due to Covid says Donald Trump; demands China to pay $10 trillion

India has suffered a lot due to Covid says Donald Trump; demands China to pay $10 trillion

After voicing concerns for the US, former president Donald Trump has now claimed said that India is "devastated" by the coronavirus pandemic and China should pay compensation.

"Look at what's going on in India now. You know, they used to say, look how well India was doing, because they were always looking for an excuse — look how well India is doing," Trump was quoted by news agencies as saying. "The fact [is] that India has just been devastated now, and virtually, every country has been devastated."

The former reality TV star and twice-impeached president lashed out at China for spreading the deadly coronavirus all over the world. He alleged, once again, that the virus was lab-made in China’s Wuhan city, and claimed China should, therefore, pay a compensation of $10 trillion to the US alone.

Trump said he felt the compensation amount should be much higher than what he is demanding, but added "there’s only so much they can pay".

"Look, countries have been destroyed over what they did, and whether by accident or not. And I would hope that it was an accident. I hope that it was through incompetence or an accident," he said talking about the destruction the pandemic has caused all over the world, including India.

"But, when you look, whether it was by an accident, whether it was -- whatever it is, this -- you look at these countries. They will never ever be the same. Our country was hit so hard. But other countries were hit much harder."

"I think that's one of the reasons that I feel it's very important to find out where it came from, how it came. I think I know. I mean, I feel certain about it. But certainly, China should help. Right now, their economy and our economy are the two economies that are coming back the fastest," he added.

India has been struggling with a deadly second wave of the coronavirus pandemic which took thousands of lives in the country within a span of a few months and led to state-wise lockdowns.

The country has, now, started its path to recovery as the cases plunged down to 62,480 on Friday morning.

https://www.wionews.com/world/india-has-suffered-a-lot-due-to-covid-says-donald-trump-demands-china-to-pay-10-trillion-392316
 
Trump's absolutely right, China has to pay reparations. Not that any country on the planet is powerful enough to force them, of course.

There has been some talk of a high-profile defection from the MSS recently, which has caused the CIA and other intelligence agencies to hone in on a few Chinese spies in America. It's also why the recent Biden-Putin meeting was relatively low-profile, as opposed to the intense scrutiny a couple of years ago, as the realization of the real danger of the Chinese threat has finally pervaded through to the US and its allies.

There has been a subtle shift in narrative over the last few weeks, as the establishment utilizes all the tools at hand to signal to the public about what's to come. The media which was clamping down hard on anyone implying that the virus wasn't natural is now calling on the likes of Jon Stewart and letting them voice what should have been readily apparent 12 months ago.
 
Poor Trump, he was right about the Corona virus origins in China, but nobody took him seriously, because du-uh! But yeah, China should pay reparations but wont. Maybe if countries band together & do something about the sovereign debt to China….
 
Trumpster should know that Dragon only takes. Giving is not in its nature.
 
India suffered but the world managed without India.

When China suffered from C19, it hit the global markets and supply chains worldwide, markets pummeled etc.

India gets hit, and markets are rising, world markets hitting new highs, economy picking up around the world.

Kind of shows how relevant India is in a poetic kind of way.
 
India was one of the richest countries in the world before we Brits landed. After we left they were one of the poorest.

Will we pay reparations? I don't think so.
 
India suffered but the world managed without India.

When China suffered from C19, it hit the global markets and supply chains worldwide, markets pummeled etc.

India gets hit, and markets are rising, world markets hitting new highs, economy picking up around the world.

Kind of shows how relevant India is in a poetic kind of way.

Thats a stupid example just to score a point. When China got hit by covid, nobody had any clues about the disease nor its cure. If you understand markets, you will understand that nothing makes markets more bearish than uncertainty - people didnt know how long the industry lockdown would last, but even before the lockdown was lifted American markets were recovered & soaring high (in fact i made a record profit on my portfolio during that lockdown period). Even in India’s case we know the vaccines are effective & it was just a matter of time for vaccines to be implemented there - a reason why even Indian stock market is doing pretty well these days & the valuation is pretty high. Markets are forward looking - they move quickly past temperory dips.
 
Trump's absolutely right, China has to pay reparations. Not that any country on the planet is powerful enough to force them, of course.

China's best friend in the West are corporations that have moved their manufacturing to China and love the low labor costs.

If the Western countries got together, they could force China but they cannot act together.

Maybe if China is sued in US courts, and the verdict is that they should pay damages, then the plaintiffs could seize the US Treasuries (worth about $1 trillion+) that China currently holds.

There has been some talk of a high-profile defection from the MSS recently, which has caused the CIA and other intelligence agencies to hone in on a few Chinese spies in America. It's also why the recent Biden-Putin meeting was relatively low-profile, as opposed to the intense scrutiny a couple of years ago, as the realization of the real danger of the Chinese threat has finally pervaded through to the US and its allies.

There has been a subtle shift in narrative over the last few weeks, as the establishment utilizes all the tools at hand to signal to the public about what's to come. The media which was clamping down hard on anyone implying that the virus wasn't natural is now calling on the likes of Jon Stewart and letting them voice what should have been readily apparent 12 months ago.

Good info.
 
Australia's foreign minister declines to confirm rumoured Chinese defection

Australian Foreign Minister Marise Payne says she doesn’t want to comment on the rumoured defection to the United States of a senior Chinese spy but has urged Beijing to fully comply with the next phase of the investigation into the origins of COVID-19.

Chinese vice-minister of State Security, Dong Jingwei, has reportedly defected to the US and given information about the Wuhan Institute of Virology which is at the centre of the COVID-19 lab leak theory.

Dong was responsible for China’s counter-intelligence activities and if the reports are true, it would be the highest-level defection in the history of the People’s Republic of China.

The rumour of the defection has been spreading on Chinese language media and Twitter in recent days, which included reports that Dong fled to the US via Hong Kong with his daughter in February.

It was given a boost in credibility after SpyTalk, a newsletter covering US intelligence, reported Dong was believed to have given Washington information about the Wuhan laboratory that led to the Biden administration giving the lab leak theory extra credence.

While the majority of Australian and American intelligence agencies still favour the theory that COVID-19 emerged naturally from an animal host, they have not ruled out the lab leak theory and it has been gaining traction publicly in recent months.

Senator Payne declined to comment on the reported defection of Dong, saying the most important next step for China was to comply with the second phase of the World Health Organisation-appointed panel’s investigation into the origins of COVID-19.

The panel’s first inquiry operated under the control of Chinese authorities and Beijing refused to provide key data samples to the investigation team. As a result, the inquiry was widely criticised by scientists and governments as limited.

“I wouldn’t normally comment on intelligence matters of that nature, but what is very important here is that we do maintain the momentum of this inquiry,” Senator Payne told the ABC’s Insiders program on Sunday morning.

“We know that the phase one inquiry had significant limitations in terms of the delay in deploying it, access to information, access to appropriate scientific and medical evidence.

“So we are very determined to work with our partners to ensure that the phase two investigations able to access the material that it needs, including within China.

“The most important thing here … absolutely is that this never ever happens again. Doesn’t matter whether it’s from Australia’s perspective, from the United States’ perspective or the smallest developing nation. We all share that view.”

Han Lianchao, a former Chinese foreign ministry official who defected after the 1989 Tiananmen Square massacre, said that if the rumour of Dong’s defection was true, “it is really a big bomb”.

Nicholas Eftimiades, a former CIA and Pentagon expert on China, said the suspected defection was “exactly what it is, a rumour”, and that such claims of Chinese officials defecting “happen all the time” and are not necessarily correct.

Rory Medcalf, a former Australian intelligence official and head of the Australian National University’s National Security College, cautioned it was “rumours and reports only at this stage"

https://www.smh.com.au/politics/fed...moured-chinese-defection-20210620-p582jf.html
 
India was one of the richest countries in the world before we Brits landed. After we left they were one of the poorest.

Will we pay reparations? I don't think so.

Long time ago..everyone was doing it from French, Dutch, Portugese, Spanish, Japanese. Strangely deemed very normal and heroic then to go and subdue a black or brown man.

This is now and hence different now.
 
Long time ago..everyone was doing it from French, Dutch, Portugese, Spanish, Japanese. Strangely deemed very normal and heroic then to go and subdue a black or brown man.

This is now and hence different now.

That would work out quite fortuitous for us Brits. Not only would we have enjoyed getting rich on the back of empire and enslavement of the east back in the day, we would also get reparation from the east coming our way when the shoe is on the other foot. Hoorah for Queen and country!
 
China rejected on Thursday a World Health Organization (WHO) plan for a second phase of an investigation into the origin of the coronavirus, which includes the hypothesis it could have escaped from a Chinese laboratory, a top health official said.

The WHO this month proposed a second phase of studies into the origins of the coronavirus in China, including audits of laboratories and markets in the city of Wuhan, calling for transparency from authorities.

“We will not accept such an origins-tracing plan as it, in some aspects, disregards common sense and defies science," Zeng Yixin, vice minister of the National Health Commission (NHC), told reporters.

Zeng said he was taken aback when he first read the WHO plan because it lists the hypothesis that a Chinese violation of laboratory protocols had caused the virus to leak during research.

The head of the WHO said earlier in July that investigations into the origins of the COVID-19 pandemic in China were being hampered by the lack of raw data on the first days of spread there.

Zeng reiterated China’s position that some data could not be completely shared due to privacy concerns.

“We hope the WHO would seriously review the considerations and suggestions made by Chinese experts and truly treat the origin tracing of the COVID-19 virus as a scientific matter, and get rid of political interference," Zeng said.

China opposed politicising the study, he said.

The origin of the virus remains contested among experts.

The first known cases emerged in the central Chinese city of Wuhan in December 2019. The virus was believed to have jumped to humans from animals being sold for food at a city market.

In May, U.S. President Joe Biden ordered aides to find answers to questions over the origin saying that U.S. intelligence agencies were pursuing rival theories potentially including the possibility of a laboratory accident in China.

Zeng, along with other officials and Chinese experts at the news conference, urged the WHO to expand origin-tracing efforts beyond China to other countries.

“We believe a lab leak is extremely unlikely and it is not necessary to invest more energy and efforts in this regard," said Liang Wannian, the Chinese team leader on the WHO joint expert team. More animal studies should be conducted, in particular in countries with bat populations, he said.

However, Liang said the lab leak hypothesis could not be entirely discounted but suggested that if evidence warranted, other countries could look into the possibility it leaked from their labs.

One key part of the lab leak theory has centred on the Wuhan Institute of Virology’s (WIV) decision to take offline its gene sequence and sample databases in 2019.

When asked about this decision, Yuan Zhiming, professor at WIV and the director of its National Biosafety Laboratory, told reporters that at present the databases were only shared internally due to cyber attack concerns.

News18
 
https://www.reuters.com/world/uk/uk-should-be-concerned-chinese-gene-data-harvesting-lawmaker-says-2021-07-22/

Britain should be concerned about the harvesting of genetic data from millions of women by a Chinese company through prenatal tests, a senior British lawmaker told Reuters.

A Reuters review of scientific papers and company statements found that BGI Group developed the tests in collaboration with the Chinese military and is using them to collect genetic data around the world for research on the traits of populations.

"I'm always concerned when data leaves the United Kingdom, that it should be treated with the respect and privacy that we would expect here at home, and the concern that this raises is that it may not be so," Tom Tugendhat, chairman of the British parliament's Foreign Affairs Select Committee, told Reuters.

"The connections between Chinese genomics firms and the Chinese military do not align with what we would normally expect in the United Kingdom or indeed many other countries."

The privacy policy on the website for the Non-Invasive Prenatal Test (NIPT), sold under the brand name NIFTY in Britain, says data collected can be shared when it is "directly relevant to national security or national defense security" in China.

BGI says it has never shared data for national security purposes and has never been asked to. The company said that it fully complied with European GDPR data protection rules and also had the British certification for personal information management.

"BGI's NIPT test was developed solely by BGI – not in partnership with China's military. All NIPT data collected overseas are stored in BGI's labs in Hong Kong and are destroyed after five years," it said in an email to Reuters, adding that it took data protection, privacy and ethics extremely seriously.

Reuters found that BGI has published at least a dozen joint studies on the tests with the People's Liberation Army (PLA) since 2010, trialling and improving the tests or analyzing the data they provided.

DNA data collected from prenatal tests on women outside China has also been stored in China's government-funded gene database, one of the world's largest, BGI previously confirmed. Online records reviewed by Reuters show that the genetic data of at least 500 women who have taken the NIFTY test, including some outside China, are stored in the China National GeneBank.

Tugendhat is one of nine British lawmakers who has been sanctioned by China for highlighting alleged human rights abuses in Xinjiang, which Beijing describes as "lies and disinformation".

He said that any British companies using the tests should be clear where the data is going, who holds it, and what access others, including other governments, would have to it.

"Unless a company has done that, I think it's perfectly reasonable for British people to be extremely concerned with these connections," he said.

Britain's health ministry said that companies operating in the United Kingdom must follow strict data protection laws, but declined to directly comment on BGI's tests and Tugendhat's concerns.
 
George Soros: Investors in Xi’s China face a rude awakening

The leader’s crackdown on private enterprise shows he does not understand the market economy

The writer is chair and founder of Soros Fund Management and the Open Society Foundations

Xi Jinping, China’s leader, has collided with economic reality. His crackdown on private enterprise has been a significant drag on the economy. The most vulnerable sector is real estate, particularly housing. China has enjoyed an extended property boom over the past two decades, but that is now coming to an end. Evergrande, the largest real estate company, is over-indebted and in danger of default. This could cause a crash.

The underlying cause is that China’s birth rate is much lower than the statistics indicate. The officially reported figure overstates the population by a significant amount. Xi inherited these demographics, but his attempts to change them have made matters worse.

One of the reasons why middle-class families are unwilling to have more than one child is that they want to make sure that their children will have a bright future. As a result, a large tutoring industry has grown up, dominated by Chinese companies backed by US investors. Such for-profit tutoring companies were recently banned from China and this became an important element in the sell-off in New York-listed Chinese companies and shell companies.

The crackdown by the Chinese government is real. Unnoticed by the financial markets, the Chinese government quietly took a stake and a board seat in TikTok owner ByteDance in April. The move gives Beijing one seat on a three-person board of directors and first-hand access to the inner workings of a company that has one of the world’s largest troves of personal data. The market is more aware that the Chinese government is taking influential stakes in Alibaba and its subsidiaries.

Xi does not understand how markets operate. As a consequence, the sell-off was allowed to go too far. It began to hurt China’s objectives in the world. Recognising this, Chinese financial authorities have gone out of their way to reassure foreign investors and markets have responded with a powerful rally. But that is a deception. Xi regards all Chinese companies as instruments of a one-party state. Investors buying into the rally are facing a rude awakening. That includes not only those investors who are conscious of what they are doing, but also a much larger number of people who have exposure via pension funds and other retirement savings.



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Pension fund managers allocate their assets in ways that are closely aligned with the benchmarks against which their performance is measured. Almost all of them claim that they factor environmental, social and corporate governance (ESG) standards into their investment decisions.

The MSCI All Country World Index (ACWI) is the benchmark most widely followed by global equity asset allocators. An estimated $5tn is passively managed, which means that it replicates the index. A multiple of this amount is actively managed, but it also closely tracks the MSCI index.

In MSCI’s ACWI ESG Leaders Index, Alibaba and Tencent are two of the top 10 constituents. In BlackRock’s ESG Aware emerging market exchange-traded fund, Chinese companies represent a third of total investments. These indices have effectively forced hundreds of billions of dollars belonging to US investors into Chinese companies whose corporate governance does not meet the required standard — power and accountability is now exercised by one man who is not accountable to any international authority.

The US Congress should pass a bipartisan bill explicitly requiring that asset managers invest only in companies where actual governance structures are both transparent and aligned with stakeholders. This rule should obviously apply to the performance benchmarks selected by pensions and other retirement portfolios.

If Congress were to enact these measures, it would give the Securities and Exchange Commission the tools it needs to protect American investors, including those who are unaware of owning Chinese stocks and Chinese shell companies. That would also serve the interests of the US and the wider international community of democracies.

SEC chair Gary Gensler has repeatedly warned the public of the risks they take by investing in China. But foreign investors who choose to invest in China find it remarkably difficult to recognise these risks. They have seen China confront many difficulties and always come through with flying colours. But Xi’s China is not the China they know. He is putting in place an updated version of Mao Zedong’s party. No investor has any experience of that China because there were no stock markets in Mao’s time. Hence the rude awakening that awaits them.

https://www.ft.com/content/ecf7de34-e595-4814-9cbd-4a5119187330
 
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This is huge, this will cause supply disruptions across sectors & affect production everywhere. Already natural gas prices are causing huge problems in Europe (thankfully we dont see that much here in America as we are surplus natural gas producer), but combine them together & can see disaster up ahead.
 
China has a very strong industrial base. If the shortage of coal continues, they can simply move to solar.

Aint that easy, the switch to alternate energy cannot happen overnight as processes will have to adapt. Also alt energy has high initial outlay so that will increase costs everywhere resulting into more inflation.
 
Aint that easy, the switch to alternate energy cannot happen overnight as processes will have to adapt. Also alt energy has high initial outlay so that will increase costs everywhere resulting into more inflation.

Yes, it won't be easy and it can't happen in a short period of time. But it will happen if needed over a medium (say 10 years) period of time.
 
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