China’s Boeing Wannabe Could Land in U.S. Government Crosshairs

(Bloomberg) — China put on a spectacular military parade to celebrate the 70th anniversary of Communist Party rule last year, and President Xi Jinping wasn’t the only star of that show.

As Xi and other leaders watched from a Tiananmen Square grandstand, a squadron of fighter jets, attack helicopters, troop transports and surveillance planes roared overhead in a display orchestrated to impress TV viewers at home and warn potential aggressors abroad. The company that made those aircraft: Aviation Industry Corp. of China (AVIC), a state-owned conglomerate with 100-plus subsidiaries and 450,000-plus employees — more than Boeing Co. and Airbus SE combined.

Being China’s premier military aerospace contractor and a pillar of Xi’s strategy to become an industrial superpower are enough by themselves to warrant attention from the U.S. government. But AVIC builds more than war machines, running a civilian business that makes airliners and private jets — some built

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China’s ‘three red lines’ strike delicate balance between curbing real estate debt and local government finances

As China moves to tackle excessive borrowing in the real estate sector, it is walking a tightrope between providing cash-strapped local governments with revenues from land sales and keeping a lid on rising house prices.

Chinese regulators in August tightened funding conditions for 12 major property developers, setting caps on the amount of debt they could hold in relation to cash on hand, the value of their assets and as a proportion of equity in their businesses – dubbed “the three red lines”.

Last week, mainland financial newspaper the 21st Century Business Herald reported authorities had asked large banks to keep the proportion of property loans below 30 per cent of all new loans, citing unidentified sources.

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Property sales growth has surged this year, helping the economy recover from the coronavirus pandemic.

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Oxford moves to protect students from China’s Hong Kong security law



a group of people on a newspaper: Photograph: Jérôme Favre/EPA


© Provided by The Guardian
Photograph: Jérôme Favre/EPA

Students at Oxford University specialising in the study of China are being asked to submit some papers anonymously to protect them from the possibility of retribution under the sweeping new security law introduced three months ago in Hong Kong.

The anonymity ruling is to be applied in classes, and group tutorials are to be replaced by one-to-ones. Students are also to be warned it will be viewed as a disciplinary offence if they tape classes or share them with outside groups.

The Hong Kong security law was imposed on 30 June by Beijing after more than a year of pro-democracy protests, and had an immediately corrosive impact on political freedoms in the territory. Its provisions also give the Chinese government powers to arrest individuals who are not Hong Kong residents, for actions or comments made outside the territory.



a close up of a newspaper: Students at the University of Hong Kong walk past a poster supporting 12 Hongkongers detained in China.


© Photograph: Jérôme Favre/EPA

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Oxford moves to protect students from China’s Hong Kong security law | Education

Students at Oxford University specialising in the study of China are being asked to submit some papers anonymously to protect them from the possibility of retribution under the sweeping new security law introduced three months ago in Hong Kong.

The anonymity ruling is to be applied in classes, and group tutorials are to be replaced by one-to-ones. Students are also to be warned it will be viewed as a disciplinary offence if they tape classes or share them with outside groups.

The Hong Kong security law was imposed on 30 June by Beijing after more than a year of pro-democracy protests, and had an immediately corrosive impact on political freedoms in the territory. Its provisions also give the Chinese government powers to arrest individuals who are not Hong Kong residents, for actions or comments made outside the territory.

The powerful extraterritorial powers claimed in the law have led to fears

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China’s Mercantilism And New World Financial Order

Politicians have a lot to say about what they believe the function of government to be. These on the left usually want more government at the federal stage, particularly more social applications. Our Congress is doing fairly nicely wage, advantages, and pension-sensible, in comparison with most of our inhabitants, and their pensions are coming partly from individuals who can’t afford to pay their very own bills. These on the suitable normally need a lot of the government to be on the state and local levels, conserving both taxes and spending programs nearer to the folks.

Because of America’s lengthy, sordid history of greed and abuse, nothing our government does in it’s own interest on the expense of everyday Individuals surprises me. Like many others, I’ve discovered to anticipate all of the wrong issues from Uncle Sam.

Rates of interest have been saved too low, the government borrowed, despite the so … Read More