Posted by qqq3333 > 2021-12-17 12:47 | Report Abuse

in this world , the only other place that gets the same results, same success using the same rule books as china is Singapore.

Posted by alenac > 2021-12-17 12:47 | Report Abuse

Well, very true China billionaires were successful because of the opportunities provided by the state when they allowed capitalism to thrive but to criticise the state you will end up like Jack Mah. Dun bite the hand that feeds you.

Posted by uncensored > Dec 17, 2021 12:21 PM | Report Abuse

Naturally I don't pay much attention on those billionaire's comments about China if they have business interests in China

Posted by qqq3333 > 2021-12-17 12:51 | Report Abuse

But the only difference between Singapore and China is that Singapore has a much more benign external environment ...and that is possible only because Singapore is too small to threatened the ego of the capitalists democratic hegemons.

Posted by uncensored > 2021-12-17 13:22 | Report Abuse

Sslee connections is the key. So are Li Ka Shing the richest man in HK. Li Ka Shing started to move out of China as Xi became in power. He foresaw the trouble a head of him if he doesn't planned a head. Business based connections is dangerous as leaders do changes. In China, connections ranked above the law & order. This is very disadvantageous for ordinary people

Posted by qqq3333 > 2021-12-17 13:22 | Report Abuse

uncensored.....commenting on China or share market on any thing useful requires back ground information, context, history, local conditions ...........otherwise is like commenting on share market PE 4 buy, PE 400 sell.

and your heroes serpenza and laowhy.....best to avoid such devils.

Posted by uncensored > 2021-12-17 13:23 | Report Abuse

Even dangerous for the well connected people as leaders changes. Ie like Jack ma

Posted by qqq3333 > 2021-12-17 13:28 | Report Abuse

Li Kahshing hold over property prices in HK is over. Over the next 20 years, the HK government will have to provided better and more affordable housing for the people.

Posted by uncensored > 2021-12-17 13:48 | Report Abuse

So you all agreed that business will prosperous due to connections right ?
Then you all are indirectly agreed that corruption is rampant in China. Why ?

Posted by uncensored > 2021-12-17 13:48 | Report Abuse

Because why are the END result of using connections????

Posted by uncensored > 2021-12-17 13:48 | Report Abuse

MONEY

Posted by uncensored > 2021-12-17 13:49 | Report Abuse

Bribery!!!!

Posted by uncensored > 2021-12-17 13:49 | Report Abuse

Seldon a powerful person will help you due to friendship... hahaha

Posted by uncensored > 2021-12-17 13:50 | Report Abuse

Unless you are his sons or daughters or lovers

Posted by uncensored > 2021-12-17 13:50 | Report Abuse

Connections will bring corruption in all forms

Posted by uncensored > 2021-12-17 13:51 | Report Abuse

Leads to huge losses of resources by China government

Posted by uncensored > 2021-12-17 13:52 | Report Abuse

You try and see whether could you do business through connections in America,.

Posted by uncensored > 2021-12-17 14:00 | Report Abuse

So for those who agreed that connections are keys factor & it is norm in China should also believed that corruption are rampant in China. LIVING in a country where connections ranked supremely over Law & Order is dangerous & uncomfortable. Most of all being unfair desperated from opportunity to make money.

Posted by uncensored > 2021-12-17 14:02 | Report Abuse

Justice can't prevail in China

Posted by uncensored > 2021-12-17 14:04 | Report Abuse

Where connections are dominant there

Posted by alenac > 2021-12-17 14:07 | Report Abuse

Why look at China only or infect in many countries? look at home you also need connections with politicians here to get projects and to supply goods.

Posted by uncensored > Dec 17, 2021 2:00 PM | Report Abuse

So for those who agreed that connections are keys factor & it is norm in China should also believed that corruption are rampant in China. LIVING in a country where connections ranked supremely over Law & Order is dangerous & uncomfortable. Most of all being unfair desperated from opportunity to make money.

Posted by uncensored > 2021-12-17 14:11 | Report Abuse

So you are ok ???

Posted by uncensored > 2021-12-17 14:13 | Report Abuse

At least in Malaysia ordinary citizens could change a government. Here still can have limited free speech, rally & protest. In Malaysia internet are still open. But NO in China

Posted by uncensored > 2021-12-17 14:14 | Report Abuse

Do you all know that which country Judge do not need a basic law qualifications???? Hehehe

Posted by alenac > 2021-12-17 14:15 | Report Abuse

OK? Face reality, with the anti-corruption laws available, politicians are not scared at all. Why? Because our laws are made by them allowing loopholes to avoid being caught in the net.

Posted by uncensored > Dec 17, 2021 2:11 PM | Report Abuse

So you are ok

Posted by uncensored > 2021-12-17 14:16 | Report Abuse

In China no free speech at all. Any opposition speech will delete & the person who made the speech will be prosecuted or went missing.
.

Posted by uncensored > 2021-12-17 14:16 | Report Abuse

CPC leader directives is like Emperor directives

Posted by uncensored > 2021-12-17 14:17 | Report Abuse

Just follow & can't said no

Posted by uncensored > 2021-12-17 14:19 | Report Abuse

Do you all know that which country Judge do not need a basic law qualifications???? Hehehe

Posted by uncensored > 2021-12-17 14:19 | Report Abuse

It is China...hahaha

Posted by alenac > 2021-12-17 14:22 | Report Abuse

We are better than China in this aspect. But are we better off being a country ruled by a klepto government with 2 sets of laws, one for the rich and powerful another for others? Being convicted and can still go on a holiday in Singapore? Playing golf with a billionaire buddy?

Posted by uncensored > 2021-12-17 14:27 | Report Abuse

I do agreed with you on this. It is bad. Look at the brighter side at least both judges condemn him. Mostly of all he being prosecuted. But no in China. I believed you also agreed the the previous old China leader Jang is corrupted but he never get prosecuted.

Posted by uncensored > 2021-12-17 14:29 | Report Abuse

He is super rich....now his group is Xi rival

Posted by uncensored > 2021-12-17 14:30 | Report Abuse

Till now still no China official dare to criticise him

Posted by uncensored > 2021-12-17 14:32 | Report Abuse

I also doubt that the current China leader is clean... Is he ??? Hahaha

Posted by uncensored > 2021-12-17 14:32 | Report Abuse

No one allowed to criticise him publicly

Posted by alenac > 2021-12-17 14:33 | Report Abuse

I don't think so, Jang and Xi's groups are in a truce. Until some other things happen that will tip the balance ..... Orwell's Animal Farm all over again.

Posted by uncensored > Dec 17, 2021 2:28 PM | Report Abuse

He is super rich....now his group is Xi enemy

Posted by alenac > 2021-12-17 14:35 | Report Abuse

Clean in the sense that others must obey the law but the power group has a different set of rules.

Posted by uncensored > Dec 17, 2021 2:32 PM | Report Abuse

I also doubt that the current China leader is clean... Is he ??? Hahaha

Posted by qqq3333 > 2021-12-17 14:51 | Report Abuse

Look at this uncensored...if he had lived in HK, he would have been one of the rioters in 2019......

People who totally surrendered any sense of balance. Brainwashed rioter......and when uncensored your job is done your white masters will throw u away because u are of no use to anyone.

Posted by uncensored > 2021-12-17 14:59 | Report Abuse

qqq3333 did you joined Bersih Rally in Malaysia ?

Posted by uncensored > 2021-12-17 15:09 |

Post removed.Why?

Posted by uncensored > 2021-12-17 15:11 | Report Abuse

or if you got nothing to add on then you can talk about your grand mother stories... By the way have you travel or did business in China before ???

Posted by Sslee > 2021-12-17 16:07 | Report Abuse

I have worked in multinational company (white man MNC company) and climbing corporate ladder is depend on who you know (connection and whose camp you belong to) rather than what you know (performance).

Do you know Malaysia Public sector and GLC promotion mostly are based on who you know (connection) rather that how well you done and know your job.

Look at all the CEO in 1MDB related companies. Are those CEO qualified and competant?

https://www.chinajusticeobserver.com/a/what-does-the-prc-judges-law-say
Who can serve as a judge?

To serve as a judge in China, the following substantive requirement must be satisfied:

(1) to be of the nationality of the People’s Republic of China;

(2) to have a bachelor’s degree or other higher degrees in law major from higher education institutions;

(3) to have a bachelor's degree or other higher degrees not in law major from higher education institutions but with a Juris Master’s degree (J.M.), a degree of Master of Laws (LL.M.), or other higher degrees;

(4) to have a bachelor's degree or other higher degrees not in law major from higher education institutions but with professional knowledge of law;

(5) to have engaged in legal practice for at least five years; but the requirement for minimum working years for the legal practice can be relaxed to 4 years in the case of getting a Juris Master’s degree (J.M.) and a degree of Master of Laws (LL.M.), or 3 years in the case of getting a Doctor of Law degree;

(6) to pass the national unified legal professional qualification examination to obtain the legal professional qualification.

Posted by uncensored > 2021-12-17 16:20 | Report Abuse

Ha..Ha...Ha... sure or not SSLee.

Posted by uncensored > 2021-12-17 16:24 | Report Abuse

https://www.youtube.com/watch?v=JZIP_PkXMpU

China’s economic data is a joke, ex Chinese Finance Minister says #shorts


China Reports - The BL
2.43K subscribers

China’s economic data is a joke, ex Chinese Finance Minister says
#shorts
Former China Minister of Finance Lou Jiwei said the Chinese Communist Party’s manipulation of its economic data was so surreal it would be an international joke under analysis.

Posted by Sslee > 2021-12-17 16:59 | Report Abuse

Show us China’s economic risk numbers, former finance minister says

https://www.scmp.com/economy/china-economy/article/3159358/show-us-numbers-chinas-economic-risks-former-finance-minister

China’s economic data should reflect more of the country’s major problems rather than just presenting a rosy picture, according to outspoken former finance minister Lou Jiwei.

At a forum held by the China Centre for International Economic Exchanges in Beijing on Saturday, Lou said China’s main indicators failed to fully show the economic problems the country was facing, including the challenges and risks raised by the leadership in an annual tone-setting meeting last week.

Beijing has pledged to “front-load” policies to shore up the economy next year, as leaders remained on high alert against strong headwinds at the tone-setting annual central economic work conference that concluded on Friday.

“We are facing threefold pressure, including contraction of demand, supply shocks and weaker expectations,” the official Xinhua News Agency reported, citing an official statement from the conference. “Our policy support should be front-loaded appropriately.”

Posted by uncensored > 2021-12-17 17:13 | Report Abuse

https://www.youtube.com/watch?v=0ls5xg636Nw

I'm Moving Back To China - Wife Divorcing Me


laowhy86
799K subscribers

Hey Laowinners!

So Chinese media took our video, and fabricated a grand tale about how miserable my wife's life is, and how we moved back to China because she thinks the USA is too dangerous. According to this video, we are also getting divorced.

Posted by uncensored > 2021-12-17 17:14 | Report Abuse

https://www.youtube.com/watch?v=aDWnQp0BzO8

电影长津湖不告诉你的真相《1》朝鲜战争出兵纪实：苏联背信放中共鸽子，毛泽东出兵做金家炮灰， 杜鲁门只准炸边境铁桥一半！麦帅国会叹：姑息中共只能导致下一场更血腥的战

江峰时刻
801K subscribers

Posted by uncensored > 2021-12-17 17:34 | Report Abuse

https://www.ft.com/content/961b4b32-3fce-11e9-b896-fe36ec32aece

China’s economy is 12% smaller than official data say, study finds

China’s economy is about 12 per cent smaller than official figures indicate, and its real growth has been overstated by about 2 percentage points annually in recent years, according to research.

The findings in the paper published on Thursday by the Brookings Institution, a Washington think-tank, reinforced longstanding scepticism about Chinese official statistics. 

They also add to concerns that China’s slowdown is more severe than the government has acknowledged. Even based on official data, China’s economy grew at its slowest pace since 1990 last year at 6.6 per cent. 

The paper’s analysis covers 2008 to 2016, so it does not contain an estimate for last year’s growth in gross domestic product or the size of the Chinese economy. But if 2018 GDP was overstated by the same degree as the authors estimated for 2016, it would imply that actual 2018 GDP was Rmb10.8tn ($1.6tn) below the official figure of Rmb90tn.

The Chinese government’s emphasis on numerical targets — a legacy of Maoist state planning — has made growth in GDP a politically sensitive figure. The Communist party evaluates local cadres’ performance based largely on growth in their respective regions.

Posted by uncensored > 2021-12-17 17:43 | Report Abuse

US Congress passes import ban on Chinese Uyghur region

The US Congress has passed a bill that requires companies to prove that goods imported from China's Xinjiang region were not produced with forced labour.

The US has accused China of genocide in its repression of the predominantly Muslim Uyghur minority there - a charge that China has repeatedly rejected.

The bill had been criticised by major companies that do business in the area, including Coca-Cola, Nike and Apple.

Its passage also overcame initial lack of support from the White House.

It was approved by the Senate on Thursday with the vote of every member of Congress except one.

The Uyghur Forced Labor Prevention Act, as the bill is formally known, now heads to the desk of President Joe Biden to be signed into law.

For months the White House avoided taking a stance on the legislation, but earlier this week press secretary Jen Psaki said Mr Biden would sign it.

Who are the Uyghurs?
China's 'tainted' cotton
The US accuses China of employing slavery and genocide in China's resource-rich western region. US and multinational corporations, which are already facing shortages over supply chain issues, had lobbied against it out of concern over how it would affect business.

"Many companies have already taken steps to clean up their supply chains. And, frankly, they should have no concerns about this law," said Florida Senator Marco Rubio, after the bill passed the upper chamber of Congress.

"For those who have not done that, they'll no longer be able to continue to make Americans - every one of us, frankly - unwitting accomplices in the atrocities, in the genocide."

Lawmakers in both chambers struck an agreement this week on the final text of the bill after earlier versions passed the House and the Senate.

The measure also removes a Republican blockade that prevented Mr Biden's nominated ambassador to China, Nicholas Burns, from being approved.

Earlier on Thursday, the US Commerce Department announced sanctions on over 30 Chinese technology companies and research institutes that are accused of working in support of the Chinese military.

The newest rule bans American companies from selling goods to the sanctioned companies and entities without a special licence.

The agency also accused China's Academy of Military Medical Sciences of using biotechnology "to support Chinese military end uses", including "purported brain-control weaponry".

China "is choosing to use these technologies to pursue control over its people and its repression of members of ethnic and religious minority groups", Commerce Secretary Gina Raimondo said in a statement.

Also on Thursday, the US treasury department announced an investment blacklist of eight Chinese companies that it accuses of biometric surveillance and tracking of Uyghurs - including DJI, the world's largest maker of small drones frequently used by amateur hobbyists.

Asked about the possibility of new US sanctions at a briefing on Wednesday, Beijing foreign ministry spokesperson Zhao Lijian responded: "By overstretching the concept of national security, certain US politicians politicise and instrumentalise science and technology and economic and trade issues based on ideology.

"This runs counter to the principle of market economy and fair competition. It will only threaten and hurt the security of global industrial and supply chains and undermine international trade rules."

The moves comes amid rising tensions between China and several primarily Western nations.

The UK, Australia, the US and Canada have announced that they will not send diplomats to the 2022 Beijing Winter Olympics - due to be held in February 2022 - in protest against alleged Chinese human rights abuse.

Posted by uncensored > 2021-12-17 17:45 | Report Abuse

https://www.ft.com/content/f9637825-0e9b-45d7-a49a-1eb507d41e68

US accuses China of developing ‘brain control weaponry’
Academy of Military Medical Sciences and others blacklisted over repression and surveillance of Uyghurs

The US has put China’s Academy of Military Medical Sciences and 11 affiliated biotechnology research institutes on an export blacklist for allegedly helping the Chinese military to develop “brain-control” weapons.

The US commerce department on Thursday put the research institutes on the “entity list”, which bars US companies from exporting technology that originated in America to the Chinese institutions.

“China is choosing to use these technologies to pursue control over its people and its repression of members of ethnic and religious minority groups,” said Gina Raimondo, US commerce secretary.

A senior US official said China was using emerging biotechnologies to try to develop future military applications that included “gene editing, human performance enhancement [and] brain machine interfaces”.

Michael Orlando, head of the National Counterintelligence and Security Center (NCSC), recently said the US was warning companies about Chinese efforts to obtain American technology in five key sectors, including biotechnology.

Separately on Thursday, Treasury put DJI, the world’s largest commercial drone manufacturer, and seven other groups on the “Chinese military-industrial complex companies” list for alleged involvement in facilitating the surveillance of Uyghurs in Xinjiang.

US investors are banned from investing in any of the five dozen Chinese groups that are now on the Treasury blacklist.

The targets include Megvii and CloudWalk Technology, two facial recognition software companies, and Dawning Information Industry, a supercomputer manufacturer that operates cloud computing services in Xinjiang.

The others are Xiamen Meiya Pico, a cyber security group that works with law enforcement, Yitu Technology, an AI company, Leon Technology, a cloud computing company, and NetPosa Technologies, a producer of cloud-based surveillance systems.

“Today’s action highlights how private firms in China’s defence and surveillance technology sectors are actively co-operating with the government’s efforts to repress members of ethnic and religious minority groups,” said Brian Nelson, a top Treasury official.

The moves follow the blacklisting last week of SenseTime, a cutting-edge AI company that focuses on facial recognition software.

DJI’s investors include Accel and Kleiner Perkins, two big US venture capital firms. Accel invested $75m in DJI in 2015 and helped set up a $10m fund with backing from DJI to invest in drone technologies.

Kleiner Perkins has sold some of its stake in DJI and plans to comply with the requirement, said one person briefed on the matter. Kleiner did not comment, and Accel did not respond to requests for comment.

GGV Capital, a venture firm with offices in the US and China that has invested in Megvii, said it was, and would remain, in “full compliance with relevant rules and regulations”.

Sensetime’s US investors include Glade Brook Capital Partners, Qualcomm Ventures, Silver Lake and Tiger Global Management. The firms either declined to comment or did not respond to requests for comment.

The dual commerce and Treasury actions are the latest effort by the Biden administration to make it harder for the Chinese military to develop technology that could harm US national security and punish Beijing for its persecution of Uyghurs in Xinjiang.

The Biden administration has accused China of engaging in “genocide” in the northwestern region where more than 1m Uyghurs and other ethnic minorities have been detained in camps and used as forced labour. The White House has announced a diplomatic boycott of the Beijing Winter Olympic Games in response to the situation.

The Senate on Thursday passed legislation that bars US companies from importing goods from the region unless they can prove that no fo