Shares fell more than 3 percent in Hong Kong on Monday in holiday-thinned trading in Asia, with other big markets in Tokyo and Shanghai closed. Other regional benchmarks also fell after Wall Street wrapped up last week with another decline. Investors are watching to see whether the Federal Reserve will take any action to address…
Hong Kong Shares Lead Asia Lower; Tokyo and Shanghai Closed
September 20, 2021
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AmericasAsia & PacificBusiness & EconomyCompaniesEconomiesEuropeHong KongInternationallowermarketMarketsShanghaiSharesTokyoWorld
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Shanghai Encourages ‘Duty-Free Economy’ as Part of Consumer Push
BEIJING—The Shanghai government will support companies applying for approval to sell duty-free goods, and encourage duty-free shops to be set up at airports, hotels, malls and other commercial venues, municipal authorities said. The development of a “duty-free economy,” which will encourage spending on imported products, including heavily-taxed luxury goods, was outlined in a 2021–2025 consumption…
Shanghai Cuts Transport as Typhoon Chanthu Moves up Coast
BEIJING—Flights and trains were canceled in Shanghai, China’s largest city, as Typhoon Chanthu moved up the Chinese coast Monday after bringing heavy rain and wind to Taiwan. Local media reported all flights were suspended from Shanghai’s two airports. Some subway lines were shut down, while classes and many offices and shops were closed for the…
Typhoon Pours 5 Inches of Rain on Taiwan, Heads for Shanghai
TAIPEI, Taiwan—Typhoon Chanthu drenched Taiwan with heavy rain Sunday as the storm’s center passed the island’s east coast heading for Shanghai. On the Chinese mainland, authorities issued a typhoon warning for Shanghai and warned of possible torrential rains. Airline flights and train service in Taiwan were suspended Saturday as the storm approached. The Central News…
Insurance Scam Busted in Shanghai
August 18, 2021
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Business & EconomyChinaChina Banking and Insurance Regulatory Commissioninsurance scamRen ZepingShanghaiSoochow Securities Co.
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The Shanghai Public Security Bureau has busted an insurance scam that had made over 60 million yuan (about $9.3 million) in illegal profits. The case has revealed weak internal controls over insurance companies and a lack of consumers’ privacy protections, said the bureau at a press conference on Aug. 12. The bureau said the scammers…
CCP Moves to Indoctrinate School Children With ‘Xi Jinping Thought’
August 16, 2021
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Asia & PacificBeijingChinaChinese RegimeideologyShanghaisocial controlSpecial TopicsWorldXi JinpingXi Jinping Thought
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China’s top leader Xi Jinping wants to instill loyalty in all Chinese citizens—beginning from elementary school students. As students across the country return from summer break in September, they will find one more course on their curriculum: “Xi Jinping Thought.” The new drive for ideological control will run from grade school through college. The mandatory…
Nearly 700 Americans’ Data Exposed in Giant Chinese Surveillance Files: Leaked Database
April 10, 2021
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Asia & PacificChinaChina-US NewsChinese RegimeInternationalLeakedPublic Security BureauShanghaiUSUS NewsUyghursWorld
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Nearly 700 Americans were flagged in a secret Chinese security database during their visits to China’s Shanghai, according to a leaked database seen by The Epoch Times. The list of 697 American citizens, some of them as young as three years old, make up part of a 1.1 million record dataset involving more than 5,000…
EXCLUSIVE: Nearly 700 Americans’ Data Exposed in Giant Chinese Surveillance Database
April 10, 2021
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Asia & PacificChinaChina-US NewsChinese RegimeInternationalLeakedNational SecurityPublic Security BureauShanghaiUSUS NewsUyghursWorld
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Nearly 700 Americans were flagged in a secret Chinese security database during their visits to China’s Shanghai, according to a leaked database seen by The Epoch Times. The list of 697 American citizens, some of them as young as three years old, make up part of a 1.1 million record dataset involving more than 5,000…
Nearly 700 Americans’ Data Exposed in Giant Chinese Surveillance Database
April 10, 2021
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Asia & PacificChinaChina-US NewsChinese RegimeInternationalLeakedNational SecurityPublic Security BureauShanghaiUSUS NewsUyghursWorld
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Nearly 700 Americans were flagged in a secret Chinese security database during their visits to China’s Shanghai, according to a leaked database seen by The Epoch Times. The list of 697 American citizens, some of them as young as three years old, make up part of a 1.1 million record dataset involving more than 5,000…
Nearly 700 Americans’ Data Captured in Giant Chinese Surveillance Sweep
April 10, 2021
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Asia & PacificChinaChina-US NewsChinese RegimeInternationalLeakedNational SecurityPublic Security BureauShanghaiUSUS NewsUyghursWorld
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Information on nearly 700 Americans was flagged to a secret Chinese security watchlist during their visits to Shanghai, according to a leaked database seen by The Epoch Times. The list of 697 American citizens, some of them as young as 3 years old, is part of a 1.1 million record dataset involving more than 5,000…
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