China

Chinese spamouflage campaign highlights US support for Israel
China

Chinese spamouflage campaign highlights US support for Israel

washington — U.S. support for Israel's military offensive in Gaza has been heavily exploited by China-connected bots, a joint investigation by VOA Mandarin and Taiwan's social media analytic firm DoubleThink Lab, or DTL, has found. Their postings on social media platform X depict Washington as a peddler of war and a disrupter of global peace. The investigation has tracked and analyzed content amplified in the past 12 months by three distinct spamouflage networks with a total of 140 accounts. Each account has been disguised to look like the work of an authentic user in order to spread pro-Beijing narratives and misinformation. Content within the networks originates with three main "seeder" accounts and then is amplified by the others. The VOA Mandarin-DTL investigation found that more...
British foreign secretary expected to visit Beijing, Shanghai
China

British foreign secretary expected to visit Beijing, Shanghai

LONDON — British Foreign Secretary David Lammy is expected to visit Beijing and Shanghai, the highest-level trip to China since the Labour government came to power. Analysts say they will be watching the trip for signs of a possible reset in U.K.-China relations, which have been fraught in recent years. Reuters reported last week that Lammy is expected to meet with Chinese officials in Beijing and representatives of British companies in Shanghai. According to sources familiar with the matter, the trip will last two days. The U.K. Foreign and Commonwealth Office spokesperson told VOA that the secretary's travel plans have not been publicly announced. At the same time, sources told Sky News that U.K. Chancellor of the Exchequer Rachel Reeves is considering a visit t...
Beijing’s fiscal stimulus gets mixed responses in Chinese stocks
China

Beijing’s fiscal stimulus gets mixed responses in Chinese stocks

Taipei, Taiwan — China’s stock markets had a volatile day on Monday, showing mixed responses to the finance ministry’s latest fiscal policies, released during a closely watched briefing over the weekend. Hong Kong shares dropped 0.75% while its mainland peers rebounded, including the Shanghai Composite’s 2.07% gain, although the rally slowed. While some investors remained hopeful on Beijing’s promise of fiscal support, analysts warned that the fiscal measures, along with the central bank’s monetary easing in late September, are neither aggressive enough nor growth boosting although they are in “the right direction” to address structural issues facing the world’s second-largest economy. Disappointing fiscal stimulus “Markets conversation has already started to come up with the c...
Sri Lanka busts Chinese cybercrime racket
China

Sri Lanka busts Chinese cybercrime racket

Colombo, Sri Lanka — Sri Lanka's police have arrested 198 Chinese men on suspicion of operating a cybercrime ring from the South Asian nation, a police spokesperson said Sunday. Deputy Inspector-General Nihal Thalduwa said the men were taken into custody at four locations during raids carried out since October 6, with 129 arrested in one location Saturday. Thalduwa said that a large number of mobile phones and laptop computers were also seized. "We suspect that they were operating online scams from these locations," Thalduwa told reporters in the capital, Colombo. "Their victims include people in Sri Lanka as well as those overseas." He said investigations were moving slowly due to language issues in questioning the suspects, but the authorities have sought help of officials...
Former China deputy central bank head gets suspended death sentence for taking bribes
China

Former China deputy central bank head gets suspended death sentence for taking bribes

China's former deputy central bank governor, Fan Yifei, has been sentenced to death for taking bribes with a two-year reprieve, state media said on Thursday, amid a sweeping anti-graft drive in the financial sector. Fan was found guilty of illegally accepting property worth more than 386 million yuan, around $54.55 million, for taking advantage of his senior positions at the central bank and other financial institutions, including China Construction Bank, according to the report, citing a Chinese court. Following the two-year reprieve, Fan's death sentence will be commuted to life imprisonment, with no possibility of commutation or parole, state media cited Huanggang Intermediate People's Court in Hubei province as saying. "Fan Yifei accepted bribes of an extremely large amount, t...
China defiant over South China Sea skirmishes in ASEAN talks, blames meddling by foreign forces
Asia-pacific, China

China defiant over South China Sea skirmishes in ASEAN talks, blames meddling by foreign forces

Vientiane, Laos — Southeast Asian leaders stepped up pressure on China to respect international law following clashes in the disputed South China Sea during annual summit talks on Thursday, but Chinese Premier Li Qiang was defiant as he blamed "external forces" for interfering in regional affairs. The 10-member Association of Southeast Asian Nations' meeting with Li followed recent violent confrontations at sea this year between China and ASEAN members Philippines and Vietnam that heightened unease over China's increasingly assertive actions in the contested waters. Malaysian Prime Minister Anwar Ibrahim, who will take over the rotating ASEAN chair next year, said the bloc has called for an early conclusion to a code of conduct to govern the South China Sea. Talks on the code of cond...
Indonesia arrests suspect wanted by China for running $14 billion investment scam
Asia-pacific, China

Indonesia arrests suspect wanted by China for running $14 billion investment scam

JAKARTA, Indonesia — Indonesia's immigration officers on the tourist island of Bali have arrested a Chinese suspect sought by Beijing for helping run over $14 billion investment scam to clients in China, officials said Thursday. The 39-year-old man, identified only by his initial, LQ, was arrested on October 1, when an immigration auto-gate in Bali's Ngurah Rai international airport denied him departure for Singapore. The biometric data in the computer registry at the airport identified him as a suspect wanted by Beijing, which led to his arrest, according to Silmy Karim, the immigration chief at Indonesia's law and human rights ministry. He had been listed on an Interpol warrant since late September. The suspect first arrived in Bali from Singapore with a Turkish passport as Joe ...
Analysts warn China’s retail investors over share-buying stampede
Business & Economy, China

Analysts warn China’s retail investors over share-buying stampede

Individual investors, some of them first-timers who rushed to set up trading accounts during a recent rally in Chinese stock markets, are taking huge risks if they buy shares now in hope of a bull market, commentators have warned. Analysts have warned in recent days that the recent rallies in Shanghai, Shenzhen and Hong Kong on expectations of a fiscal stimulus package from Beijing are highly risky for individuals trying to maximize the value of their life savings. A Beijing stockholder who gave only the nickname Wang Cong said he was among those who rushed back into the market as shares started to rally following an initial package of economic stimulus measures announced on Sept. 24. But retail investors were soon left high and dry, as markets plunged following a news confere...
Jailed Chinese businessman’s daughter asks Xi Jinping to release her father
China

Jailed Chinese businessman’s daughter asks Xi Jinping to release her father

Washington — The daughter of imprisoned Chinese real estate tycoon Ren Zhiqiang has issued a public appeal to China’s leader, Xi Jinping, asking him to allow her father to seek medical care he needs after his health reportedly deteriorated during his time in jail. Ren, 73, is a former member of the Chinese Communist Party and chairman of the state-owned Huayuan real estate group. He was jailed after publishing an essay online in March 2020 that criticized the government’s handling of the COVID-19 pandemic. In an open letter posted on the social media platform WeChat on October 2, Ren Xinyi appealed to the president’s “humanitarian principles,” requesting that Xi release her father so that he may access treatment for his failing health and spend the last part of his life with his fami...
China stock market stalls for lack of further stimulus measures
China

China stock market stalls for lack of further stimulus measures

TAIPEI, Taiwan — China's stock rally resumed Tuesday after the weeklong National Day holiday but lost some steam on mainland markets after a press conference by the country’s economic planning agency disappointed hopes for more fiscal stimulus measures. In Hong Kong, the day ended with chunky losses of nearly 10%. Early in the day, the Shanghai Composite Index rose more than 10%, the Shenzhen Component Index was up more than 12%, and the ChiNext Index rose 18%, continuing a rise that began late last month with the announcement of stimulus measures, ranging from rate cuts to looser curbs on house buying. The rally stalled, however, as the National Development and Reform Commission, at a press conference intended to further boost market confidence, failed to announce any specific st...