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Tag: China

JU PENG / XINHUA/AFP

China Chasing Hundreds of Billions from Casino Money Laundering

The former Portuguese colony of Macau took in $45 billion in gambling revenues in 2013, up 20% from the prior year and nearly seven times the action on the Las Vegas strip. But in the last six months, China’s President Xi Jinping has devastated the “Monte Carlo of the Orient” as he accelerates his anti-corruption campaign against vast layers of entrenched officials. Xi hopes his purge will deflect blame away from the Communist Party as China suffers its worst economic crisis in two decades.

Greg Baker / AFP

The Dangers of a World Without Women

A few years ago the New York Times ran a story about North Korean farmers selling their daughters for food to Chinese men. New stories are coming to light about Burmese women being sold on the Chinese market. The Chinese

Reuters File Photo

China Passes Burqa Ban in its Largest Muslim City

The Chinese regional government of Xinjiang, the nation’s westernmost province, has approved a ban on burqas in its capital, Urumqi. The capital is the nation’s most Muslim-populated city; the law would prevent women from wearing the garment in public.

Euro-Notes_Reuters

China is Exporting Deflation to Europe

China’s Producer Price Index (PPI) that measures the price changes for the goods and services produced by the nation has fallen for 32 straight months. As the factory to the world, China has been exporting deflation. The economic impact has been increasing the real burden of debt, driving down worldwide wages and discouraging consumption.

JU PENG / XINHUA/AFP

US Agrees to Help China Recover Illegal Assets in US

China’s Operation “Fox Hunt” just secured the cooperation of the American government to expropriate hundreds of billions of assets from corrupt former Chinese officials and business executives who moved to the United States thinking they escaped from the reach of the Communist Party.

REUTERS

China Bars Media from Interviewing Shanghai Stampede Victims’ Families

Shanghai authorities came under heavy criticism after a stampede killed thirty-six people on New Year’s Eve. Family members of the deceased slammed the government for skimping on security at an event that attracts thousands of people. But now these family members claim the Chinese government is censoring and monitoring their moves.

McDonald's

Hong Kong’s Tax System: The Backbone of a Free Market

The Hong Kong protests ended in mid-December, but the protestors vowed that they would be back. The protests in Hong Kong in 2014 were in reaction to China’s move to reign in on democracy in the region by mandating that candidates for future elections of the Chief Executive (Hong Kong’s Top Leader) be vetted first by China.

Associated Press

Christians Now Outnumber Communists in China

Though the Chinese Communist Party is the largest explicitly atheist organization in the world, with 85 million official members, it is now overshadowed by an estimated 100 million Christians in China. It is no wonder Beijing is nervous and authorities are cracking down on Christian groups.

AP Photo/File / CHINATOPIX

Chinese Users Complain Gmail Now Blocked

(Reuters) – Google Inc’s Gmail was blocked in China after months of disruptions to the world’s biggest email service, with an anti-censorship advocate suggesting the Great Firewall was to blame.

AFP/Toshifumi Kitamura

China Censors Sony Hack News While Calling for ‘Restraint’ from All Parties

As one of the nations with the closest relationship to the extremely isolated North Korean government, many have been closely following the reaction of the Chinese government to developments surrounding the hacking of Sony corporate servers. China’s official statements have been limited in their scope, though the state has heavily censored news surrounding the hack and, particularly, accusations that North Korea orchestrated it.

REUTERS/Kacper Pempel/Files

First Cyber War: Was the Sony Hack a Warm-Up for Bigger Things to Come?

The Sony Pictures hacking drama ended, at least for the moment, with the besieged studio deciding to authorize a limited release for “The Interview” after all. This came after a storm of criticism of Sony, and the U.S. government that failed to protect them, for caving in to the demands of a hacker group with, shall we say, very strong feelings about the impropriety of mocking North Korean dictator Kim Jong Un.