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China-Latin America Cooperation in Science and Technology Innovation

According to China’s official newspaper People’s Daily, the 2022 China-Latin America and the Caribbean Forum on Science, Technology and Innovation was recently held via video conferencing. More than 20 participant representatives from the science and technology authorities in Latin American and Caribbean countries participated online. During the forum, China’s Ministry of Science and Technology and the counterpart officials in Latin American countries signed memorandums of understanding on cooperation to accelerate the construction of sustainable food innovation centers. Participants expressed their willingness to continue to deepen the cooperation between Latin America and China in the fields of clean energy, digital technology, agricultural technology, and satellite communications.

The report mentioned the Sino-Bolivian satellite cooperation project and China’s Sinovac Biotech’s vaccine plant in Chile.

Source: People’s Daily, September 8, 2022
http://paper.people.com.cn/rmrb/html/2022-09/08/nw.D110000renmrb_20220908_4-03.htm

US Trade Representative: Tariffs on China Will Continue

Well-known Chinese news site NetEase (NASDAQ: NTES) recently reported that the office of the U.S. Trade Representative (USTR) said that the four-year-old tariffs on China will be extended. The reason for this decision is that the office has received hundreds of related requests from U.S. businesses. In the meantime, a tariff review process will follow. USTR Katherine Tai, the United States Trade Representative, has urged the maintenance of punitive tariffs on Chinese goods. She said she was reluctant to give up the leverage provided by the tariffs. Her attitude determines that it is difficult to cancel the US tariffs on China. In addition to the tariffs, more powerful trade measures are being considered, such as restructuring the high-tech industrial chain and restricting high-tech exports to China before making an investment. Recently, the U.S. government has been discussing a bill with Congress. It is an investment restriction bill that would require U.S. companies to disclose in advance which Chinese industries they may invest in  while establishing a system within the U.S. government that would empower the U.S. government to prevent directly any U.S. companies from investing in China. The reasons for the intensification of China-US trade tensions is that the relationship between the two countries is changing from trading partners to competitors. The Biden administration’s strategic positioning against China has undergone a fundamental change. The two world economic powers, China and the United States, are currently confronting each other in political, economic and security realms. After the U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan last month, the escalation of tension in the Taiwan Strait made the relationship between the two countries even worse.

Source: NetEase, September 4, 2022
https://www.163.com/dy/article/HGCFM59I055325NQ.html

Oriental Daily: Russia Bought Artillery Shells and Rockets from North Korea

The popular Hong Kong newspaper Oriental Daily recently reported that, according to newly declassified U.S. intelligence, the Russian Defense Ministry has purchased millions of rockets and artillery shells from North Korea, a move that shows that global sanctions have severely restricted Russian supply chains and forced Russia to turn to “excluded countries” for military supplies. According to British media, Russia only received the first batch of drones made in Iran very recently. Apparently, the U.S-led sanctions and export controls are hurting Russia’s ability to acquire military supplies. No details were provided about the North Korean deal on exact weapons, timing or size of the shipment. The transaction could not be independently verified at this time. Russia is expected to try to buy more North Korean arms in the future. North Korea has been seeking closer ties with Russia as European and Western countries have pulled out. North Korea even hinted at sending construction workers to help rebuild Russian-occupied territory in eastern Ukraine. North Korea’s ambassador to Moscow recently met with envoys from Ukraine’s Donbas region, two Russian-backed separatist territories, and expressed optimism about cooperation in the “field of labor migration.” North Korea is the only country other than Russia and Syria to recognize the self-proclaimed republics of Luhansk and Donetsk.

Source: Oriental Daily, September 6, 2022
httpps://www.orientaldaily.com.my/news/international/2022/09/06/510520

Head of Xinhua News Agency: Actively Control Online Media So it Serves as the Party’s Mouthpiece

Fu Hua, Director of the Xinhua News Agency, published an article on September 2 in which he talked about building Xinhua into an international first-class media.

Fu stressed that Xinhua agency is a main component of the Communist Party’s news and public opinion work. Xinhua agency has been developing its power in news reporting, opinion guidance, public influence, and credibility on the mobile internet. “We will strive to build a new international first-class all-media organization, lead the online media, perform our duties as Chinas’ mouthpiece, eyes and ears, as the think tank of the Party Central Committee, and better carry out our mission of bearing the flag, uniting the people, promoting culture, and displaying China’s image.”

Fu said that facing the complicated international environment, Xinhua News Agency has put in a lot of effort to build up overseas social media accounts in order to increase its message to the world. The total number of fans of its overseas accounts is over 280 million and several celebrity news reporters’ accounts have more than one million fans. They have been able to tell China’s story, promote China’s voice, and promptly clarify and counter any attacks on China’s core interests.

Sources:
1. Shanghai Security News, September 2, 2022
https://news.cnstock.com/news,yw-202209-4950785.htm
2. China News Agency, September 4, 2022
https://www.cna.com.t

China’s State Think Tank: China’s AI Technology Is Leading the World

The 2022 World Artificial Intelligence Conference (WAIC) was held in Shanghai from September 1 to 3. At the conference, the China Institute of Science and Technology Information, an institute under China’s Ministry of Science and Technology, released the “2021 Global AI Innovation Index Report”

The report assessed 46 countries on their AI innovation index and divided them into a list of four tiers. Tier 1 has only the U.S. and China, both of which have a significant lead over the countries in the other tiers. Tier 2 has 9 countries, including South Korea and the U.K. Tier 3 has 13 countries, including Sweden and Luxemburg. Tier 4 has 22 countries, including India and Russia.

The report said that, in recent years, China’s AI capabilities have kept increasing. The gap between its overall score and that of the U.S. has been closing. The strength of China’s AI capabilities are in the following areas:

  1. Increasing in the influence of its open source projects.
  2. Maintaining the world’s number one position in the number of super-computing centers and being among the world’s top 500 centers. By June 2021, China had 188 super-computing centers in the world’s top 500.
  3. Prospering its AI companies. By September 2021, China had 880 AI companies.
  4. Increasing in AI output, including AI thesis and patent applications and authorizations.
  5. Rapid development of technologies of 5G and the Internet of Things.

Source: SINA, September 3, 2022
https://finance.sina.com.cn/jjxw/2022-09-03/doc-imqmmtha5790621.shtml?cref=cj

 

China Continues Lockdown and COVID Control against Its Citizens Even During and After Earthquake

On September 5, a 6.8 magnitude earthquake struck Sichuan Province in southwestern China. Nevertheless, and despite the imminent danger, local officials continued the strict COVID control measures and locked residents inside their apartment buildings.

The quake took place in Luding County and caused landslides involving both rocks and boulders. According to state media reports on September 8, the death toll so far has risen to 86.

China’s state media reported several aftershocks in nearby areas. The US Geological Survey also detected a smaller magnitude 4.6 tremor which hit eastern Tibet less than an hour after the initial quake.

Online videos showed that, despite the quake, local authorities stayed firm on the Communist Party’s COVID control measures.

One video showed that residents rushed downstairs in their apartment buildings, but only found the gate was locked and they could not get it to open.

Another one showed that a staff member guarding the gate argued with the people who wanted to get out, “Let me ask you, did the building collapse?” (meaning: if the building did not collapse, residents should just stay in it.)

A picture showed a notice posted for the residents: “Hello Everyone! An earthquake just took place. Please do not be panic. Please wear your mask and go upstairs back to your home. During the COVID control period, (you) should not go downstairs, take a walk, or gather into groups. Outdoor activities are prohibited. Thank you!”

When volunteers arrived on site to help with rescues, the first thing authorities did was to give them a COVID test.

Source: Epoch Times, September 5, 2022
https://www.epochtimes.com/gb/22/9/5/n13817657.htm

 

Article Praising the Policy of Closing the Country from the World

The Chinese Academy of History, under China’s Academy of Social Science, recently published an article on “closing the country.” It set up a project team to research the foreign policy of two dynasties in China’s history: the Ming and the Qing. The team published this article, arguing that the policy to “close the country from the world” was the proper foreign policy at that time, or the right choice to deal with the Western countries.

The Chinese Communist Party has a tradition of using history to give hints about current affairs or policies. Many people questioned  whether this article is to reverse the “opening up” policy that the CCP has adopted since Deng Xiaoping’s time and instead move into a “closed country” stage.

Source: United Daily News, August 30, 2022
https://udn.com/news/story/7331/6575481

China’s Wave of Mortgage Boycotts Has Spread to 340 Locations in 190 cities

Numerous unfinished real estate, also known as “rotten-tail” buildings in China, has led property owners to engage in a wave of mortgage payment suspensions, By September 6, This  involved 119 cities and a total of 340 projects, and 2022 property owners, raising concerns that the payment suspensions may continue to worsen economic development.

The wave of mortgage suspensions triggered by “rotten-tail” buildings began in July, with many property owners stopping payment on their mortgages, issuing one “loan suspension notice,0, after another, demanding that real estate developers resume their construction work in full, or they will stop paying the principal and interest to the banks.

A person involved in the suspension of loans collected some data and stored it at the online repository GitHub (WeNeedHome). The collection at this site showed, on September 6, that the suspension of mortgag payments on property cumulatively involved up to 340 sites in 119 cities across the country. The number is still climbing. Henan Province tops the list with 66 sites, followed by Shaanxi Province and Hunan Province.

On top of that, banks that could not collect on their loans were among those affected, with the share price of Shenzhen-based financier Ping An Bank falling as overdue payments on suspended homes reached 78 million yuan ($11.3 million).

Source: Radio Free Asia, August 18, 2022 (figures updated on September 6)
https://www.rfa.org/mandarin/yataibaodao/jingmao/cm-08182022120213.html