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China uses anti-fraud app to track access to overseas financial news sites

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Re: China uses anti-fraud app to track access to overseas financial news sites

#31

Post by dgfitz »

ConcernedCoder wrote: post #29
jeswin wrote: post #24

Earlier quoted context omitted.

Indeed. In other CCP news, they forced a Colorado highschool to edit their website to say Taiwan is a province of China. The school complied, so that the kids could attend United Nations Commission on the Status of Women. [1] 1: https://www.wsj.com/articles/china-makes-sure-everyone-write...

Question: why does china have the power to dictate who can attend (whatever) at the "United Nations" ?

5th paragraph.

> China sits on the U.N. Committee on Non-Governmental Organizations, which authorizes groups big and small to participate at U.N. functions. At its publicly held meetings, any representative can hold up an application. Chinese bureaucrats scour each group that comes before the committee, scrutinizing every nook and cranny of their websites for references to Taiwan, say researchers who’ve studied the committee. If groups don’t include Beijing’s preferred language, China asks the committee to request changes.

Re: China uses anti-fraud app to track access to overseas financial news sites

#32

Post by Retric »

jjoonathan wrote: post #17
roenxi wrote: post #13

Earlier quoted context omitted.

China is a superpower. The future is bleak for Taiwan. But India has nukes, Japan can probably produce nukes in short order, Korea is in a state of hyper-militarisation for unrelated reasons and the US, insofar as they are active in the region, have nukes. It doesn't matter what the CCP wants, they might get away with Taiwan but it is hard to see what the follow up would be where Shanghai still gets to have skyscrape…

Does Taiwan have nukes?

In theory no, in practice yes. They had an active nuclear weapons program that officially stopped just short of completion in the 1980’s. They also currently have multiple nuclear reactors in the country.

So, they have the capacity to have produced nuclear weapons in the past or to produce them in the near future, but if they have any is somewhat unclear. Still, I would expect Shanghai to probably get nuked at some point if China invaded Taiwan.

Re: China uses anti-fraud app to track access to overseas financial news sites

#33

Post by dragonelite »

jack_riminton wrote: post #23

Was the cracking down always the plan for the CCP? use capitalism to rise the tide and then once everything has been modernised take control again?

Like the Deng Xiaoping quote goes "Some areas and some people can get rich first, lead and help other regions and people, and gradually achieve common prosperity." wouldn't be surprised its probably a mistranslation of the real quote.

But Lenin talks about using capitalism to increase the productive powers of a nation and use the generated surplus values to help the people get cheap healthcare, infrastructure and a better common prosperity. Instead of seeing the capitalist stash away in a bank account not being trickled down to general public.

Re: China uses anti-fraud app to track access to overseas financial news sites

#34

Post by causi »

sersi wrote: post #8
depaulagu wrote: post #5

Earlier quoted context omitted.

Yep, what the CCP's been doing over the past couple of /decades/ is worrying

I'd say there's a clear difference between what they were doing post Deng Xiaoping and what they've been doing since Xi Jinping came to power. It's much more worrying now. I remember 15-20 years ago, my friends in China had hope that eventually it would open up but there's no longer any hope there. The few friends who are still outspoken (and are much much more careful than they used to be) now have no hope of this w…

The difference is a turn in the tide of public opinion. The real battle, the one for the hearts and minds, has been won. Talk to almost any Chinese national who hasn't had a ton of international exposure, like a fresh international student. They either don't care about what the CCP is doing or they fully agree with the justifications.

Re: China uses anti-fraud app to track access to overseas financial news sites

#35

Post by tablespoon »

sersi wrote: post #8
depaulagu wrote: post #5

Earlier quoted context omitted.

Yep, what the CCP's been doing over the past couple of /decades/ is worrying

I'd say there's a clear difference between what they were doing post Deng Xiaoping and what they've been doing since Xi Jinping came to power. It's much more worrying now. I remember 15-20 years ago, my friends in China had hope that eventually it would open up but there's no longer any hope there. The few friends who are still outspoken (and are much much more careful than they used to be) now have no hope of this w…

> I'd say there's a clear difference between what they were doing post Deng Xiaoping and what they've been doing since Xi Jinping came to power. It's much more worrying now.

> I remember 15-20 years ago, my friends in China had hope that eventually it would open up but there's no longer any hope there. The few friends who are still outspoken (and are much much more careful than they used to be) now have no hope of this whatsoever.

Yes. I don't think they were ever exactly for liberalization, but Xi took a hard turn against it (and made that policy): https://www.nytimes.com/2013/08/20/world/asia/chinas-new-lea....

Liberals (both the American and more classical kind) often seem to assume their ideals will eventually prevail, but nothing guarantees that.

Re: China uses anti-fraud app to track access to overseas financial news sites

#36

Post by postingawayonhn »

A4ET8a8uTh0 wrote: post #22
depaulagu wrote: post #5

Earlier quoted context omitted.

Yep, what the CCP's been doing over the past couple of /decades/ is worrying

You are making a very valid point. For a good amount of time China was not just tolerated, but supported by US business in general. In a sense, Lenin was right about the rope. The trope about prosperity bringing democracy was wrong. I will go even further. What China is doing may become something US will at least partially adopt.

I think it is correct that prosperity will eventually bring democracy.

Xi sees that too and is busy trying to knock China's wealthy citizens down a couple of notches.

Re: China uses anti-fraud app to track access to overseas financial news sites

#37

Post by throwaway_2047 »

trompetenaccoun wrote: post #4

What the CCP's been doing over the past couple of months is worrying. I wish there were a nicer explanation but it almost looks like they're preparing for war, or at least increasing confrontation.

I used to live in Hong Kong. In the past 2 year situation has been Orwellian. News outlet being shutdown, pro-democratic parties dismissed, charities disbanded, whole members of political party got arrested, among others. At least 1% of the population fled the city in the first half of 2021.

In a parallel universe, and completely unrelated note, my friends in China, thinks their country can finally stand-up against the west. They cannot be more proud of their country. There is also the sentiment that the West would not doing anything concrete against China

I can dig up figures and references if anyone interested

Edited with reference:

[1] Clam down on Apple Daily, the only pro-democratic (that I know of) news outlet in Hong Kong

[2] Directors of Apple Daily arrested

[3] 65,000 applications of BN(O) visa, the visa for HKers to move to the UK. HK population is around 7.5M

[4] Youtubers exodus, for fear of government prosecution in the name of the national security or for whatever reason.

[5] 230 Democrats quitting local council.

[6] There are around 479 local council in total. So about half of them quit

[7] People were arrested in the name of national security here and there. A charity, formed last year, providing inmate visiting service, will be dismissed. Only Chinese source available at the moment

[8] During the peak of mass migration in the 90s, 62,000 people per year moved away from HK. Compare with 65,000 moving to the UK in the first 6 months

[1] https://www.wsj.com/articles/hong-kongs-apple-daily-will-clo...

[2] https://www.theguardian.com/world/2021/jun/17/hong-kong-poli...

[3] https://www.thetimes.co.uk/article/65-000-hongkongers-apply-...

[4] https://www.youtube.com/c/memehongkong https://www.youtube.com/c/bobsyouruncle1981 https://www.youtube.com/c/Gavinchiu001 https://www.youtube.com/channel/UCVjj_osiKAP_qTtJAr6IrvA https://www.youtube.com/channel/UCh_KRmXM4RiQFvOBBDpvC6Q

[5] https://asia.nikkei.com/Politics/230-elected-pro-democrats-q...

[6] https://en.wikipedia.org/wiki/District_councils_of_Hong_Kong

[7] https://news.now.com/home/local/player?newsId=449783

[8] https://en.wikipedia.org/wiki/Waves_of_mass_migrations_from_...

Re: China uses anti-fraud app to track access to overseas financial news sites

#38

Post by postingawayonhn »

trompetenaccoun wrote: post #6
aurizon wrote: post #3

deleted, the comments revealed the flaws

It would never happen. Musk wants to sell cars in China, Tesla has important factories there as well. The Chinese government has a lot more leverage when it comes to these companies, they could simply shut them down without warning and crash the shareholder's stocks.

I tend to agree with this line of thinking though Tesla has some leverage too.

The factory complex Tesla has built in Shanghai has been funded with several billion dollars of local debt. If China were to seize the factory then Tesla would simply stop servicing that debt.

Re: China uses anti-fraud app to track access to overseas financial news sites

#40

Post by moondistance »

throwaway_2047 wrote: post #37
trompetenaccoun wrote: post #4

What the CCP's been doing over the past couple of months is worrying. I wish there were a nicer explanation but it almost looks like they're preparing for war, or at least increasing confrontation.

I used to live in Hong Kong. In the past 2 year situation has been Orwellian. News outlet being shutdown, pro-democratic parties dismissed, charities disbanded, whole members of political party got arrested, among others. At least 1% of the population fled the city in the first half of 2021. In a parallel universe, and completely unrelated note, my friends in China, thinks their country can finally stand-up against t…

Please share figures and references. This is fascinating and of great interest to many of us. Thanks!
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