The U.S. Department of Justice on Feb. 16 filed a lawsuit in a California court seeking to seize the funds of hundreds of Chinese nationals who held illegal U.S. bank accounts obtained through a criminal ring. As Beijing tightens the limit on capital leaving the country, many Chinese nationals seek other channels to move funds…
DOJ Seeks Seizure of Bank Accounts Allegedly Held Illegally by Chinese Nationals
March 22, 2022
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Taiwanese Lawmakers Debate Restoring Conscription
March 19, 2022
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Asia & PacificBeijingChinaconscriptionmilitary trainingRussia's invasionSpecial TopicsTaiwanTaiwan StraitUkraineWorld
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Following Russia’s invasion of Ukraine, lawmakers in Taiwan are calling for an increase in its military conscription period. Meanwhile, new polls show a majority of Taiwanese are both in favor of women joining the island’s compulsory military training and extending the duration of the training period. A survey released on March 15 by the Taiwan…
South Korea’s Election of Yoon Suk-Yeol Has Displeased Beijing
News analysis South Korea’s President-elect Yoon Suk-yeol from the main opposition People Power Party (PPP) was not Beijing’s preferred candidate for the recent polls. The political novice is expected to be tougher on China in contrast to the softer approach taken by his liberal predecessor President Moon Jae-in. The 60-year-old replaces Moon on May 10….
China’s Support for Russia’s Invasion Would Be Seen as Abomination: Australian PM
March 16, 2022
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Australian Prime Minister Scott Morrison has warned that Western nations would view any military support from China to Russia during the Ukraine conflict as an abomination. Morrison said that Beijing’s “chilling” silence on the invasion had disturbed him from the outset, saying it send “a terrible message.” “I think there is a real lack of…
China’s Support for Russia’s Invasion Would Be Seen as an Abomination: Australian PM
March 16, 2022
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AustraliaBeijingBusiness & EconomyChinaChina-Australia RelationsEuropeInternational RelationsPutinRussiaRussia-Ukraine WarUSUS NewsWorld
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Australian Prime Minister Scott Morrison has warned that Western nations would view any military support from China to Russia during the Ukraine conflict as an abomination. Morrison said that Beijing’s “chilling” silence on the invasion had disturbed him from the outset, saying it send “a terrible message.” “I think there is a real lack of…
Chinese Support for Russian Invasion Would Be Seen as an Abomination: Australian PM
March 16, 2022
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AustraliaBeijingBusiness & EconomyChinaChina-Australia RelationsEuropeInternational RelationsPutinRussiaRussia-Ukraine WarUSUS NewsWorld
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Australian Prime Minister Scott Morrison has warned that Western nations would view any military support from China to Russia during the Ukraine conflict as an abomination. Morrison said that Beijing’s “chilling” silence on the invasion had disturbed him from the outset, saying it send “a terrible message.” “I think there is a real lack of…
New Zealand Appoints Official From Its Embassy in Beijing as Ambassador to ASEAN
The New Zealand government has announced that it has appointed Stuart Calman, the deputy head of its mission at its embassy in Beijing, as the country’s new ambassador to the Association of South-East Asian Nations (ASEAN) based in Jakarta, Indonesia. “Aotearoa New Zealand and ASEAN share a strong legacy of working together to promote peace…
Australia Must Be Vigilant in Pacific Where China Territorial Disputes Remain: Minister
Australia’s Minister for the Pacific Zed Seselja has warned that Russia’s incursions into Ukraine should serve as a reminder for Australia to remain vigilant in its own backyard in the Pacific, where China has unresolved territorial disputes. In an op-ed for News Corp’s The Australian published on March 14, Seselja noted that China had “conspicuously failed to…
Ukrainian Athletes Sweep the Podium at Beijing Winter Paralympics, Finishing Second in Medal Count
March 13, 2022
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Ukrainian Paralympic athletes have pushed through their fears and won their biggest haul of gold medals in Beijing as a crisis unfolds at home. The 2022 Winter Paralympic Games just ended in Beijing. The Ukrainian team stole the show by finishing second in the medal count, winning a record 29 medals, including 11 golds. Ukraine…
Uncertainty a Boost to Chinese Stocks?
March 11, 2022
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BeijingBusiness & EconomyBusiness ColumnistsChinaChina Business & EconomyChinese stocksOpinionRussiaThinking About China
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Commentary So far in 2022, the Chinese stock market has outperformed expectations. After spending most of 2021 on the “uninvestable” list, Chinese stocks have been boosted by two external developments. Last year was punishing for most investors with mainland Chinese exposure. Besides China’s uneven economic recovery due to its restrictive COVID policies, regulators spent the…
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