Hong Kong: Hong Kong and mainland China account for nearly one in four individuals or parties globally who set up 366,000 shell companies listed in database Hong Kong and mainland China top the global list of people and companies hiding money in secretive offshore tax havens, according to the Panama Papers database made public by a group of global investigative journalists on Tuesday. Together the two jurisdictions accounted for nearly one in four individuals or…
Posts published in “Day: May 11, 2016”
SHANGHAI—The Chinese Communist Party has a “Trump problem.” No—not in the sense that Donald Trump’s protectionist trade ideas send shivers down its spine, even though they do. Rather, the party is grappling with a similar force that swept Mr. Trump to his position as the Republican Party’s presumptive nominee for president, and that fuels rabble-rousing politicians all across Europe: populism. As the Chinese economy drastically slows, threatening jobs, it empowers the populists on the Communist…
China’s Central Military Commission (CMC) is assigning anti-graft inspectors to different theater commands and key military departments, where they would for the first time be accountable to top military authorities to guarantee independence. Ten inspection teams underwent two days of training in Beijing that ended on Wednesday, the Xinhua News Agency reported Thursday. The training was attended by CMC vice-chairman Xu Qiliang, who urged the discipline inspectors to have a clear understanding of their mission…
In 2015-2016, CNA studied water resource competition between India, China, and Bangladesh in the Brahmaputra River basin. The Brahmaputra River, which originates in China and runs through India and Bangladesh, raises serious concerns for regional stability. China and India have fought a war over contested territory through which the Brahmaputra flows, while Bangladesh faces human security pressures in this basin that will be magnified by upstream river practices. Despite potential threats to regional stability from…