XIONGAN, China—The Chinese economy is in a strange kind of limbo. Take Xiongan, a sleepy rural district south of Beijing that for one giddy moment became the country’s hottest stretch of real estate. Investors converged here after state media this spring proclaimed that President Xi Jinping had picked it as the location of a new supercity, twice the area of New York and “crucial for the millennium to come.” But when prices tripled overnight, officials…
Posts published in “Day: September 13, 2017”
by Tarek Mahmud in Dhaka Tribune, Sept 13, 2017 Detectives have started vetting private security guards to prevent militants masquerading as security staff from plotting acts of sabotage against important buildings. Sources from the Special Branch (SB) of police said they began scanning security guards on intelligence that militants are taking up jobs at security service companies following the recent busting of several militant dens across the country. “Though the scanning of security guards is…
Reuters report in The ExpressTribune, sept 13, 2017 BEIJING: China is facing heightened threats from foreign infiltration via religion and from the spread of extremism, a top official for religious affairs said on Tuesday, after strict new rules were passed to manage religious practice in the country. President Xi Jinping has emphasized the need to guard against foreign infiltration through religion and to prevent the spread of ‘extremist’ ideology, while also being tolerant of traditional…
by Jane Li in South China Morning Post, Sept 13, 2017 Things just got even worse for LeEco, the debt-laden Chinese technology giant once touted as a serious challenger to the likes of Apple, Tesla and Amazon. In another body blow for its embattled founder, Jia Yueting, China’s highest court has placed two of the company’s subsidiaries on a blacklist of debt defaulters owing money to suppliers. Inclusion on the list places restrictions on some…
Xinhua in Global Times, Sept12, 2017 at 23:26 hrs China’s armed police on Tuesday completed an anti-terror exercise in Xinjiang Uygur Autonomous Region. The exercise, held simultaneously in several locations including Aksu, Kashgar, Urumqi and Yili over the past three and half days, included more than 10,000 people, according to a military statement. The exercise examined the force’s ability to carry out missions in complicated environments such as in deserts, plateaus and mountainous regions, as…
The Cyberspace Administration of China (CAC) released a set of regulations on the management of online chat groups on September 7, saying that people who establish such chat groups are responsible for the administration of the group. The group creators must regulate the behavior of members as well as their posts in accordance with the law, user agreements and platform conventions. “Whoever creates the group should be responsible, and whoever administers the group should be…