The world’s biggest nickel and stainless steel producer, Tsingshan Holding Group, suffered a fiasco in a global capital sniping on the London Metal Exchange (LME) on March 7, with its 200,000-ton nickel forward contracts caught in a delivery default and facing potential losses of billions on its short positions. However, a dramatic reversal occurred, attributed…
World’s Largest Nickel Producer Faces Billions in Losses; China Releases National Reserves to Rescue
March 16, 2022
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Beijing Attempts to Use the National Security Law to Deny Democratic Freedoms Abroad
Commentary While the world’s attention remains focused on the Russian invasion of Ukraine, Beijing has seemingly decided to showcase the extraterritorial powers of Hong Kong’s National Security Law (NSL) by targeting a UK-based NGO that acts as a watchdog for the deterioration of civil rights in Hong Kong. In a letter to Hong Kong Watch…
UK Condemns China After Hong Kong Police Threaten to Jail UK Rights Activist
March 14, 2022
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benedict rogersChinaChina Human RightsChinese RegimeChris PattenEurope-China RelationsHK Current AffairsHong KongHong Kong Police ForceHong Kong WatchIain Duncan SmithInternational Relationsliz trussnational security lawUKWorld
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The UK has criticised the Beijing and Hong Kong authorities for issuing threats to a UK-based human rights group, calling such behaviour “unjustifiable.” Hong Kong Watch, an NGO which monitors the human rights situation in the former British colony, said in a statement on March 14 that it had “received a formal warning from the…
Hong Kong Police Threaten British Human Rights Activist, Ask to Remove Website
March 14, 2022
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UK-based human rights group Hong Kong Watch (HKW) became the first foreign entity targeted under the new national security law China has imposed on Hong Kong. In a recent letter sent to Benedict Rogers, the co-founder and chief executive of the British NGO, Hong Kong police accused the group of “seriously interfering” in local affairs…
Hong Kong’s Zero-COVID Fight Takes Mental Toll on Society, Experts Say
HONG KONG—Hong Kong resident Yeung waited for 13 hours outside a hospital in the city’s eastern district in cold, rainy weather with his 3-year-old daughter, who had a high fever, before they could be admitted for COVID-19 treatment. By the time they could enter, her fever had gone down and she didn’t require medical attention….
Hong Kong Races to Build Isolation Facilities as COVID-19 Cases Surge
HONG KONG—Hong Kong is rushing to build facilities for COVID-19 patients, with Reuters drone footage showing construction work in full swing after a temporary bridge linking the southern Chinese city of Shenzhen to the Asian financial hub opened at the weekend. As a surge in COVID-19 cases overwhelms Hong Kong’s healthcare facilities, authorities have deployed…
Ukraine War Tests China-Russia Partnership As Beijing Eyes Taiwan
The Chinese regime’s failure to condemn Russia’s invasion of Ukraine unequivocally, while reiterating its support for negotiations, has prompted some observers to ask whether China may help Russia circumvent the enormous and unprecedented sanctions placed on the belligerent nation. But helping Russia can potentially undermine Beijing’s own strategic ambitions, particularly with regard to Taiwan, and…
Families Forced to Split as Hong Kong COVID-19 Cases Spiral and Rules Tighten
SYDNEY/HONG KONG—While Hong Kong clings to its “zero-COVID” policy, frustrations in the city are boiling over, workplace morale is being hit hard and families are splitting as a growing number of people, especially expatriates, abandon the global financial hub. Hong Kong saw a net outflow of more than 71,000 people in February, the most since…
Hong Kong Retail Chains Ration Staples to Curb COVID-19 Panic Buying
HONG KONG—Two of Hong Kong’s largest consumer retail chains started rationing some food and drug items on Friday to curb panic buying that has plagued the city over the past week amid fears of a citywide lockdown as COVID-19 cases soar. Supermarket chain ParknShop announced limits of five items per customer on staples such as…
Hong Kong COVID-19 Spike Sets New Record, Causing Services Cuts, Suspension of Prison Visits, and Panic Buying
Hong Kong’s spike in COVID-19 cases keeps breaking records, causing a medical system overload, transportation services cuts, shortened shopping hours, and suspension of visits to prisoners. As the Hong Kong government evaluates the need for a city-wide lockdown, citizens have started panic buying, and emptying food shelves in supermarkets. On March 3, Hong Kong reported…
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