Markets jittery as trade war and recession worries spook investors -as it happened

Beijing has alarmed investors by threatening counter-measures against the US, threatening to escalate the trade war

Earlier:

Update: Britain’s FTSE 100 has hit a new six-month closing low.

The blue-chip index just closed 80 points lower at 7,067, a drop of 1.1%.

Time for a quick recap

Financial markets remain volatile today, as fears of an economic downturn hit stock prices and drive bond prices to new record highs.

Related: Online shoppers and Amazon Prime Day lift UK retail sales

If President Xi would meet directly and personally with the protesters, there would be a happy and enlightened ending to the Hong Kong problem. I have no doubt! https://t.co/eFxMjgsG1K

Continue reading...

Hong Kong protests: envoy says China has ‘power to quell unrest’

China’s ambassador to UK also accuses British politicians of ‘colonial mindset’

China has issued its most pointed threat yet to pro-democracy protesters in Hong Kong, warning that it has “enough solutions and enough power to swiftly quell unrest” should it deem the situation “uncontrollable”.

Speaking to international media in London on Thursday, China’s ambassador to the UK, Liu Xiaoming, also accused some British politicians of harbouring a “colonial mindset” in their interventions.

Continue reading...

Satellite photos show Chinese armoured vehicles on border of Hong Kong

Paramilitary police personnel carriers appear to be parked in Shenzhen sports stadium

Satellite photos show what appear to be armoured personnel carriers and other vehicles belonging to the China’s paramilitary People’s Armed police parked in a sports stadium in the city of Shenzhen, which borders Hong Kong, which some have interpreted as Beijing threatening increased force against pro-democracy protesters.

The pictures collected on Monday by Maxar’s WorldView show more than 100 vehicles sitting on and around the soccer stadium at the Shenzhen Bay sports centre just across the harbour from the Asian financial hub that has been rocked by more than two months of near-daily street demonstrations.

Continue reading...

Hong Kong: flights resume at airport as China condemns ‘near-terrorist acts’

Beijing steps up war of words and airport obtains injunction against protesters to prevent further disruption of flights

Flights have resumed in and out of Hong Kong airport after two days of protests by pro-democracy activists as Chinese officials condemned the disruption that paralysed the international hub as “near-terrorist acts”.

Hundreds of flights were cancelled on Tuesday after demonstrators blockaded two terminals in the latest escalation of a 10-week political crisis that has gripped the city.

Continue reading...

Uighur man held after leaking letters from Xinjiang camp inmates, says family

Abdurahman Memet believed notes from his parents and brother were proof they had been imprisoned in Chinese ‘re-education’ centres

A Uighur man who leaked letters from inmates at China’s secretive internment camps in Xinjiang has been detained, according to activists and relatives.

Abdurahman Memet, 30, a tour guide in Turpan, last year received letters from his parents and brother, written from inside detention centres in the far western region where as many as 1.5 million Muslims are believed to be detained in political “re-education” and other camps.

Continue reading...

China flaunts military muscle as it seeks to quell Hong Kong’s ‘colour revolution’

Beijing’s rhetoric escalating alongside video of troop carriers at border, yet experts say deployment a last resort

The messages from Beijing to protesters in Hong Kong are increasingly ominous. First there was propaganda footage of Chinese soldiers garrisoned in Hong Kong drilling for intense urban fighting that looked more like a civil war than search and rescue or crowd control.

Now footage has emerged of armoured paramilitary vehicles massing across the border. Two months into demonstrations sparked by a controversial extradition law, official rhetoric from Beijing has escalated too. Authorities recently denounced protests as “terrorist acts”, promised an “iron fist” response and, perhaps most alarmingly, described the movement as a “colour revolution”.

Continue reading...

UK should give British nationality to Hong Kong citizens, Tugendhat says

Move would be to reassure Hong Kong’s people rather than facing down Chinese threats, he says

The UK should give Hong Kong citizens full UK nationality as a means of reassurance amid the current standoff with Beijing, the chair of the influential Commons foreign affairs committee has argued.

Tom Tugendhat said this should have happened to people in the formerly British-ruled territory in 1997, when it was handed back to Chinese control, and that doing so now would reassure Hong Kong’s people that they were supported by the UK.

Continue reading...

Hong Kong protests: airport suspends flights for second day

Hundreds of demonstrators stage new rally a day after shutdown at key transport hub

Hong Kong’s airport authority has suspended flights for a second day as thousands of protesters staged another rally at the busy international travel hub.

Tuesday’s action marked the fifth consecutive day of protests at the airport, as pro-democracy demonstrations in the Chinese territory entered their 10th week, with both sides showing few signs of backing down.

Continue reading...

China releases video showing troop carriers moving to Hong Kong border – video

State media outlets videos with a rousing choral soundtrack show armoured troop carriers purportedly driving to Shenzhen, the south-eastern state that borders Hong Kong. Chinese officials have released a series of threatening statements about Hong Kong's protesters, with one claiming 'terrorism' was emerging in the city on Monday after flights were cancelled

Continue reading...

China’s conduct in Hong Kong comes under cautious scrutiny on Q&A

Panellists debate whether Australia ‘turning a blind eye’ to China’s rising power

As demonstrators shut down Hong Kong’s airport on Monday in protest against police brutality, Chinese official said “terrorism” was emerging in the city.

Meanwhile, on the ABC’s Q&A program, the “people’s panellist” guest suggested he shared China’s view, prompting one of the more cautious political discussions ever held on the show.

Continue reading...

Powerful typhoon sweeps away buildings in eastern China – video

Heavy rain swept through eastern China after Typhoon Lekima made landfall in the coastal province of Zhejiang on Saturday. The powerful storm left a trail of destruction after a landslide backed up a river that broke through debris and inundated homes. The death toll from Lekima rose to 44 on Monday morning, according to state media

Continue reading...

Closure of Hong Kong airport shines fresh light on protest movement

Disruption on Monday stopped flights to UK, US and Australia and will be felt worldwide

The closure of Hong Kong international airport has shone a fresh global spotlight on the city’s protest movement.

The airport was forced to cancel all remaining passenger flights on Monday – more than 100 – after thousands of demonstrators flooded into the main terminal during the afternoon. The disruption will be felt worldwide, with cancellations including long-haul departures to the US, Australia and the UK.

Continue reading...

Hong Kong hit by more violence as protests enter 10th week

Police fire teargas and beat demonstrators during fierce clashes across city

Hong Kong has once more descended into violence, with police firing teargas at protesters across the city as mass demonstrations calling for democracy entered their 10th consecutive week.

Clashes with police were particularly intense on Sunday night compared with previous days, as riot police fired teargas into a railway station to disperse crowds and were captured on film beating protesters with batons as they fled down an escalator in another station.

Continue reading...

Versace apologises after tops imply Hong Kong and Macau are countries

One of China’s best-known actors, Yang Mi, ends contract over controversy

The luxury fashion label Versace and its artistic director, Donatella Versace, apologised to China on Sunday after one of its T-shirts was criticised for identifying the semi-autonomous regions of Hong Kong and Macau as countries.

Versace said on its Weibo account that it had made a mistake and had stopped selling and destroyed the T-shirts on 24 July.

Continue reading...

Beijing’s new weapon to muffle Hong Kong protests: fake news

China’s media used to ignore the turmoil. Now the state is waging a campaign that could pave the way for intervention

As Hong Kong enters its third month of mass anti-government protests, across the border in China, people are seeing a very different version of events.

On Saturday, as protests entered their tenth weekend and demonstrators and police clashed in Hong Kong, the People’s Daily posted an article on the Chinese WeChat webchat service saying members from “all parts of Hong Kong society” were calling for the “violence to stop”. As peaceful rallies at the Hong Kong airport continued over the weekend, Chinese state media posted videos on Weibo of a tussle between demonstrators and an angry resident yelling: “We just want Hong Kong to be safe”.

Continue reading...