Category Archives: China

China sets modest economic targets as it seeks to bounce back from Covid woes

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At the opening of the Communist party’s National People’s Congress, outgoing premier Li Keqiang confirmed a further rise in defence spending as well

China has set a target of 5% GDP growth in 2023, its outgoing premier has said in a speech to the ruling party’s rubber-stamp parliament – a goal that is at the lower end of analysts’ expectations and follows a 2022 figure that came in far below target.

The “work report” speech on Sunday also touched on foreign affairs and re-emphasised the Chinese Communist party’s (CCP’s) aim to annex Taiwan. Budget papers confirmed another consecutive rise in defence spending of 7.2%, slightly up on last year’s rise of 7.1%.

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China says military budget to increase again by ‘appropriate’ level

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Spokesperson does not specify figure but announces rise is needed to meet complex security challenges

China’s military budget is set to increase again, the spokesperson for its rubber-stamping parliament has said, before a week-long political meeting expected to make big changes to China’s system of governance and increase measures to combat international sanctions.

The spokesperson for the National People’s Congress, China’s legislative body, addressed the media on the eve of its annual meeting to outline the week’s agenda, including changes to the constitution and the legal sector, and endorsing new appointments to senior roles.

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Hong Kong Tiananmen vigil organisers convicted under national security law

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Three Hong Kong Alliance members, including prominent pro-democracy activist Chow Hang-tung, face up to six months in jail

Three former members of a Hong Kong group that organised annual vigils to mark China’s Tiananmen Square crackdown have been found guilty of not complying with a national security police request for information.

Chow Hang-tung, 38, a prominent Hong Kong pro-democracy activist and former vice-chairperson of the Hong Kong Alliance in Support of Patriotic Democratic Movements in China, was among those convicted by the magistrate court.

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Joe Biden meets Olaf Scholz in effort to keep Ukraine strategies aligned

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German chancellor’s working visit to the White House focuses on continuing support for Kyiv

Joe Biden has hailed Olaf Scholz for Germany’s “critical military support” for Ukraine, acknowledging in a White House meeting that, in the face of stiff domestic political resistance, such backing had been “very difficult” for the chancellor.

The meeting of the US and German leaders on Friday comes shortly after the first anniversary of Vladimir Putin’s full-scale invasion of Ukraine and at a time when both are facing political challenges to their efforts to maintain the flow of military and economic support to Kyiv.

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Australia joins Quad countries to launch new counter-terror talks – as it happened

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Australia, the US, India and Japan join to ‘counter new and emerging forms of terrorism, radicalisation to violence and violent extremism’. This blog is now closed

‘A broken promise writ large’

Opposition leader Peter Dutton was also on the Today show (which has clearly been busy this morning).

They want to tax you on the profit before you actually sell the shares, which is unbelievable. And I think it continues to go from disaster to disaster for the government.

You can’t as a prime minister look people in the eye and tell them one thing and do the complete opposite, a broken promise writ large.

It is a modest change ... It only affects people if you have $3m in your superannuation fund. That’s about 0.5% of superannuants.

We inherited a budget from Peter [Dutton] and his crew which was a trillion dollars in debt. There’s nothing to show for it. We need to be responsible. That’s what we’re trying to do.

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Russia accuses west at G20 of blackmail and claims it has China’s support

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Stormy meeting in Delhi breaks up without joint statement as west and Moscow spar over Ukraine

Russia has accused the west of blackmail and threats and claimed it had China’s support for its position at a stormy meeting of G20 foreign ministers in India, dominated by the war in Ukraine.

The event broke up with no joint communique, only a summary of the meeting prepared by the host, India, the group’s current chair.

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China leading US in technology race in all but a few fields, thinktank finds

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Year-long study finds China leads in 37 of 44 areas it tracked, with potential for a monopoly in areas such as nanoscale materials and synthetic biology

The United States and other western countries are losing the race with China to develop advanced technologies and retain talent, with Beijing potentially establishing a monopoly in some areas, a new report has said.

China leads in 37 of 44 technologies tracked in a year-long project by thinktank the Australian Strategic Policy Institute. The fields include electric batteries, hypersonics and advanced radio-frequency communications such as 5G and 6G.

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House committee advances legislation to ban TikTok over security concerns

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Republican committee chair describes Chinese-owned social app as a ‘spy balloon in your phone’

A powerful US House committee has applied further pressure to TikTok by backing legislation that could give Joe Biden the power to ban the social video app.

The House foreign affairs committee voted on Wednesday along party lines to grant the administration new powers to ban the Chinese-owned app as well as other apps believed to pose security risks. The fate of the measure is still uncertain and it would need to be passed by the full House and Senate before it can go to Biden.

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Chinese banks try to revive housing market with mortgages for 95-year-olds

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‘Relay loans’ that can pass on to children follow other moves to make borrowing more flexible

In an attempt to stimulate China’s flagging housing market, banks in some cities are extending the upper age limit on mortgages to between 80 and 95.

Although not a national policy, banks in Beijing, Hangzhou and other big cities have started offering “relay loans” to elderly customers, which pass on to their children in the event that they cannot repay.

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‘Time is not on our side’: Congress panel says tackling China defines next century

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‘We do not want a war within the PRC, a clash of civilizations,’ says ranking Democrat as new committee holds first hearing

Congress must act urgently to counter economic and national security threats posed by China, lawmakers on a newly created special House committee warned in its first primetime hearing.

China and the US are locked in an “existential struggle over what life will look like in the 21st century”, the Republican chairman, Mike Gallagher of Wisconsin, said.

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‘Abusing state power’: China lashes out at US over TikTok bans

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Beijing – which itself blocks access to Facebook, Twitter and many others – hits out at ban on Chinese-owned software on US government devices

US government bans on Chinese-owned video sharing app TikTok reveal Washington’s own insecurities and are an abuse of state power, a Chinese foreign ministry spokesperson has said.

China, though, has itself long blocked a large list of foreign social media platforms and messaging apps, including YouTube, Twitter, Facebook and Instagram.

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China spends billions on pro-Russia disinformation, US special envoy says

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Beijing propaganda includes messaging aligned with Moscow on Ukraine war, says James Rubin

The west has been slow to respond to China spending billions globally to spread poisonous disinformation, including messaging that is completely aligned with Russia on Ukraine, a US special envoy has claimed.

James Rubin, a coordinator for the Global Engagement Center, a US state department body set up to “expose and counter” foreign propaganda and disinformation, made the remarks during a European tour this week.

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Canada bans TikTok on government devices over security risks

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EU and parts of US already block access to Chinese-owned app amid concerns over data privacy and security

Canada has joined the US and EU in enacting a sweeping ban preventing TikTok from being installed on all government-issued mobile devices, as western officials take action over the Chinese-owned video-sharing app.

Justin Trudeau, the Canadian prime minister, did not rule out further action. “I suspect that as government takes the significant step of telling all federal employees that they can no longer use TikTok on their work phones, many Canadians from business to private individuals will reflect on the security of their own data and perhaps make choices,” he said.

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China should scrap ‘picking quarrels’ crime, says leading lawyer

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Suggestion to abolish catch-all offence will be among thousands considered at Chinese Communist party summit

China should abolish the catch-all crime of “picking quarrels and provoking trouble”, a political delegate has proposed before next week’s major Two Sessions legislative meeting.

Zhu Zhengfu, a member of the Chinese People’s Political Consultative Conference (CPPCC) advisory body, said the law risked undermining China’s legal system and was open to “selective enforcement” by authorities, according to state media.

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Confusion surrounds China’s energy policies as GDP and climate goals clash

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Wave of permits for coal-fired power plants sparks concern as ambitions for GDP growth and lowering emissions come into conflict

China’s energy policies are fast creating a type of “emissions ambiguity”, as the twin goals of boosting GDP growth and reducing carbon emissions come into conflict.

The uncertainty is whether and when the world’s biggest carbon emitter will start to curb greenhouse gas pollution. The release of the country’s annual statistics communique on Tuesday did not clear things up.

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China approves biggest expansion in new coal power plants since 2015, report finds

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Concerns about energy shortages drive increase as projects progress at ‘extraordinary’ speed

China approved the construction of another 106 gigawatts of coal-fired power capacity last year, four times higher than a year earlier and the highest since 2015, research shows.

Over the year, 50GW of coal power capacity went into construction across the country – up by more than half compared with the previous year – driven by energy security considerations, the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) said on Monday.

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Missing Chinese billionaire banker Bao Fan assisting authorities in investigation, company says

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Tech dealmaker reported to be unreachable 10 days ago in latest case of a top executive going missing during Xi Jinping’s anti-corruption drive

The Chinese billionaire tech banker Bao Fan, who was reported missing 10 days ago, is cooperating with Chinese authorities conducting an investigation, a China-based boutique bank has said.

It is the first time China Renaissance Holdings has given a reason for the disappearance of its founder and chairman, though no details about the investigation were shared.

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Covid-19 likely emerged from laboratory leak, US energy department says

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Updated finding a departure from previous studies on how the virus emerged and comes with ‘low confidence’

The virus which drove the Covid-19 pandemic most likely emerged from a laboratory leak but not as part of a weapons program, according to an updated and classified 2021 US energy department study provided to the White House and senior American lawmakers, the Wall Street Journal reported on Sunday.

The department’s finding – a departure from previous studies on how the virus emerged – came in an update to a document from the office of National Intelligence director Avril Haines. It follows an FBI finding, issued with “moderate confidence”, that the virus spread after leaking out of a Chinese laboratory.

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Russia-Ukraine war live: Moscow cuts oil supply to Poland – as it happened

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Comments from French president come after Joe Biden said it was ‘not rational’ for Beijing to be negotiating a peace deal

Ukraine has issued a postage stamp with a reproduction of a Banksy mural, of a boy defeating a grown man in judo, to mark the first anniversary of Russia’s invasion.

It was painted by the British street artist on a demolished wall in the town of Borodianka, north-west of Kyiv, where many buildings were reduced to rubble by Russian aircraft at the start of the invasion.

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