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In a recent article, Hong Kong-based Ta Kung Pao cited a dispatch from Xinhua, dated October 20, 2016, that the police still have a warrant out to arrest Gu Zhuoheng, the chief of Sing Pao Daily News. In the past several weeks, Hong Kong-based Sing Pao has been carrying front page commentaries harshly criticizing Beijing’s No. 3 leader, Zhang Dejiang, chairman of the standing committee of the National People’s Congress.
Sing Pao, which is also known for its ties to Beijing, denied that Gu was a wanted man. It dismissed the attacks as being “some power’s” attempt at political revenge. Since late August, Sing Pao, with help from the central government’s Liaison Office in Hong Kong, has been criticizing Hong Kong’s Chief Executive Leung Chun-ying for escalating the confrontation. In early October, Sing Pao editorials named Jiang Zemin, former secretary general of the Chinese Communist Party (CCP) as Zhang Dejiang’s backer.
United Daily News (UDN), one of the primary Taiwanese news groups, recently reported that North Korean dictator Kim Jong-un did not attend any of the traditional ceremonies that were held on October 10 for the 71st Anniversary of the North Korean Workers’ Party. None of the North Korean official news media reported Kim’s whereabouts for that day. In the past years, the nation typically had a Report Conference of the Central Party Assembly one day before the Anniversary Day. However, this year there has been no mention of it so far. Labor News, the official newspaper of the Workers’ Party, did report that, on the Anniversary Day, some high ranking officials presented flowers in Kim’s name at the Fairview Hill Sun Palace. North Korea just completed a nuclear test in September and between October 10 and October 15, South Korean is having a joint military exercise with the United States.
Source: United Daily News, October 11, 2016
One of the most trusted Hong Kong polling organizations, HK Institute of Asia-Pacific Studies of the Chinese University of Hong Kong (CUHK), recently released the results of a scientific poll on emigration. The key finding of the survey was that around two-fifths (38.9 percent) of respondents indicated they would emigrate to other places if they got the chance. A further analysis to break down the tendency of emigration by age group or level of education indicated that younger people (aged 18-30: 57.0 percent) had a higher tendency to emigrate. More people with a college or above education (53.8 percent) indicated their intention to emigrate. The most preferred destinations, ranked by popularity, were Taiwan (16.3 percent), Australia (15.2 percent), and Canada (13.8 percent). The top motivating factors for emigration among those inclined to move were “dissatisfaction with the government and the high-ranking government officials” (11.0 percent), “overcrowded living conditions” (10.5 percent), “too much political disputing / social cleavage” (10.3 percent), and “slow economic growth or poor economic prospects” (10.3 percent).
Source: CUHK Institute of Asia-Pacific Studies, October 11, 2016
BBC Chinese recently reported that officials from the Kremlin announced that Russia and India are about to reach a major agreement for India to obtain S-400 air defense missile systems. The S-400 is the most advanced air defense system Russia has. Russian President Vladimir Putin and Indian Prime Minister Narendra Modi are expected to sign the deal at the BRICS Leadership Summit held in India. Currently the S-400 air missile defense system is being deployed in Syria, where Russia is supporting the Assad government. The two countries are also planning to discuss wider topics, especially trade relations. More agreements may be signed in the future. During the Cold War, Russia and India used to be close allies. Since 2000, they have had routine annual leadership talks.
Source: BBC Chinese, October 14, 2016
According to news.china.com, the Ministry of Taxation recently issued a notice that stated that, starting in September 2018, China will join one hundred countries to collect banking information on non-resident individuals or enterprises and will exchange the information with the tax authorities in the account holders’ country of residence. In return China will gain banking information on Chinese residents who hold bank accounts in foreign countries. The effort is part of a global standard on the Automatic Exchange of Information (AEOI). The purpose of the program, which was launched in July 2014, is to reduce the possibility for tax evasion. According to the article, the Ministry of Taxation will come up with its own regulations based on the U.S. Foreign Account Tax Compliance Act. Financial Institutions are required to change their work process and to complete a system upgrade to conform to the new requirements. According to the article, starting in 2017, individuals and businesses will be required to fill out their residence of taxation information when they open a new bank account.
Source: news.China.com, October 17, 2016 http://news.china.com.cn/world/2016-10/17/content_39501405.htm