Companies
Protest in several cities across world against Chinese 'genocide' of Uyghurs
Washington [US], December 24 (ANI): Demonstrations were held in various cities across the globe including Washington to commemorate East Turkistan’s National Day of Mourning. Protestors called for decisive actions against China’s ongoing “genocide and colonization in Xinjiang”.
The protests were organised by the East Turkistan Government in Exile (ETGE) and the East Turkistan National Awakening Movement (ETNAM) in Istanbul, The Hague, Washington, DC, and Edmonton on Wednesday afternoon.
“Seventy-two years ago today, on December 22, 1949, the independent East Turkistan Republic was overthrown by the People’s Republic of China, resulting in the formal annexation of East Turkistan into China,” a statement by ETGE read.
The demonstrators urged their host governments to take more decisive actions against China’s ongoing genocide of Uyghurs, Kazakhs, Kyrgyz, and other Turkic peoples.
They also urged their host governments to grant Uyghurs and other Turkic peoples fleeing China’s genocide in East Turkistan refugee status and asylum.
Uyghurs in the Netherlands urged the Dutch Government to support East Turkistan’s case against China at the International Criminal Court (ICC); this call was also echoed by Uyghurs in the United States and Canada.
China has been rebuked globally for the crackdown on Uyghur Muslims by sending them to mass detention camps, interfering in their religious activities and sending members of the community to undergo some form of forcible re-education or indoctrination.
Early this year, the United States become the first country in the world to declare the Chinese actions in Xinjiang as “genocide”. (ANI)
China
Government subsidies don’t boost Chinese firms’ productivity
China’s industrial subsidies have caused considerable controversy both internationally and domestically. Trading partners have accused China of unfairly favouring its indigenous firms with subsidies, leaving foreign companies at a disadvantage in the race to lead the technologies of the future.
Governments around the world regularly spend an enormous amount of money subsidising businesses. But few spend like China. A 2022 report suggests that China spends 1.7–5 per cent of its GDP on industrial policies, more than most countries.
(more…)Companies
Chinese Smartphone Manufacturer Lays Off 3,000 Employees Following Closure of Chip Design Division
OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).
OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).
(more…)Companies
Company Owned by Chinese Billionaire Guilty of Paying $1 Million in Bribes to LA Councilman
A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.
A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.
(more…)- Italy and China New DTA Set to Take Effect in 2025: Important Changes and Implications
- China’s New Home Prices Stabilize After 17-Month Decline Following Support Measures
- U.S. national debt is its Achilles’ heel, but China sees it as an opportunity
- Business Update: Southern Sun Reports Earnings Growth; China Stimulates Property Market – News24
- Vietnam’s Approach to China: A Balance of Cooperation and Struggle
- 2025 Schedule of Public Holidays in China
