China 

US officials push for sanctions on China over oil purchases from Iran

This story is published in a content partnership with POLITICO. It was originally reported by Eliana Johnson on politico.com on July 11, 2019.Senior administration officials now agree that China defied US sanctions when it imported more than a million barrels of crude oil from Iran last month. But they are grappling with whether – and how – to hit back, according to three US officials.The US State Department had considered issuing a waiver allowing Chinese companies to receive Iranian oil as… Source link

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China 

Chinese officials report slowdown in African swine fever

Pig production in China is gradually returning to normal and outbreaks of the deadly African swine fever are finally slowing, according to the Chinese vice-minister for agriculture.The disease has swept through China, the world’s top pork producer, since it was first reported in August last year, with no cure or vaccine to halt its progress.Asked about reports of recent fresh outbreaks of swine fever, agriculture vice-minister Yu Kangzhen said China had seen only 44 new cases in the first six… Source link

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China 

China’s economic census uncovers more fake data as officials promise ‘zero tolerance’ to data manipulation

Officials in the central Chinese city of Guanghan have been found to have gone to extraordinary lengths to manipulate raw data to obscure the real picture of the health of the economy, according to the National Bureau of Statistics, in the latest case to undermine the accuracy of economic data in the mainland.Local census staff from the county-level city in southwestern Sichuan province, which has a population of more than 600,000, had been instructed by local officials to create a system that… Source link

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Vietnam 

Shareholders should use their power to deal with rumours: officials – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Specialists during the conference on the security of the Vietnamese stock market held on Wednesday. — Photo petrotimes.vn HÀ NỘI — Shareholders were unaware of the power they held when dealing with a lack of transparency in listed companies, according to Nguyễn Thế Thọ, director of the Securities Market Surveillance Department under the State Securities Commission. Shareholders had the right to ask the company’s board of directors to disclose business information, he told a conference on Wednesday held by the online Thời báo Chứng khoán Việt Nam (Vietnam…

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Singapore 

Student loses entire savings of $22,500 to conmen impersonating Chinese officials, Singapore News

SINGAPORE – On April 10, 2018, a student from China living in Singapore received a phone call from a woman claiming to be from the Singapore Police Force (SPF), who said she was under suspicion of money laundering. Deceived into believing her, the student in her 20s, who did not want her identity revealed, co-operated with the “investigation”. “She transferred me to a number that had ‘110’, which is China’s police number,” she told The Straits Times on Tuesday (April 23). The male “Chinese officer” on the phone told her…

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China 

Xi Jinping tells Chinese officials they must ‘finish the journey’ and shifts focus back to fight against poverty as economy stabilises

President Xi Jinping has urged Chinese officials to redouble their efforts to fight poverty and pollution so that the Communist Party can deliver its promise of creating a “comprehensively well-off society” by the end of next year.Xi told the Central Commission for Financial and Economic Affairs, the Communist Party’s decision-making body on economic matters, on Monday that they must complete the “last mile” of a journey to eradicate absolute poverty in the world’s most populous country,… Source link

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Home 

To win Hongkongers’ support for the Lantau reclamation plan, officials should improve their maths – or their spin

For an institution which has long thought that spin was a ride in Ocean Park, the Hong Kong government is getting a little better at managing the news. There is nothing wrong with that. It is a feature of the modern age – goodness knows how bad it was before, and the rest of us will just have to learn to read between the lines. The Hong Kong Journalists Association this week took the government to task for calling an important press conference with just two hours’ notice. It dealt…

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China 

Former Chinese, US officials joust over China’s role on the world stage

Former officials from China and the United States jousted on Sunday over China’s role on the world stage and how it should get there.Veteran Chinese diplomat Fu Ying said Washington should not dictate what part China played and that the US should accept Beijing taking a more prominent role.But Fu, a former deputy foreign minister and ambassador to Britain, also said at a gathering of foreign business representatives and former government officials in Beijing that China had no intention of… Source link

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China 

China must punish officials for ‘cooking the books’ to improve data credibility, top lawmaker says

China should increase supervision and punishment of government officials who manipulate statistics to improve the credibility of its economic data, according to a top lawmaker.Analysts have long had doubts over whether official Chinese government economic data accurately reflects what is going on in the economy.A recent study led by several researchers from the Chinese University of Hong Kong found that China overestimated its nominal and real growth rates by about 2 full percentage points on… Source link

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China 

Mar-a-Lago summit a priority for Chinese officials as trade talks continue

Even as Chinese and American negotiators continue to haggle over thorny trade issues in Washington, Beijing has told its officials to make preparations for a Mar-a-Lago summit between Donald Trump and Xi Jinping their top priority.Beijing has accepted Washington’s choice of the US president’s private resort in Florida as the venue and preliminary preparations are under way although many details, including the exact date, are still under discussion, a source said.An earlier proposal by China to… Source link

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