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“We’re horrified that something like this could happen, not only to us, but to anyone,” Saffrine Duggan told her supporters. Former US fighter pilot Daniel Duggan is in custody in Australia pending extradition to the US on charges including that he trained Chinese military pilots. Courtesy Saffrine DugganTraining Chinese pilotsDuggan doesn’t deny training Chinese pilots, but he maintains they were civilians – plane enthusiasts seeking to improve their skills or prospective members of China’s then rapidly expanding aviation industry. And a spokesperson for New Zealand’s Defence Force confirmed to Reuters that four of its former military pilots had been recruited by the company. It’s the wrong type of approach and landing.”In its statement to CNN, TFASA denied teaching aircraft carrier approach and landing techniques to Chinese military pilots.

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☆ There's very much an effort to reunify China and U.S. despite Beijing's rhetoric: APCO's McGregor
▼ + stars: | 2023-06-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's very much an effort to reunify China and U.S. despite Beijing's rhetoric: APCO's McGregorJames McGregor, APCO Worldwide Greater China chairman, joins 'Squawk Box' to discuss the list of CEOs who have visited China recently, if the Chinese and U.S. governments will soon begin working together, and more.

Persons: APCO's McGregor James McGregor Organizations: APCO, Greater China Locations: China, U.S, Greater

☆ 4 of the world's elite investors agree on the biggest risks that will cause the next recession. Here's how they're each protecting clients with over half a trillion in combined assets.
▼ + stars: | 2023-05-05 | by ( William Edwards | Akin Oyedele | ) www.businessinsider.com time to read: +6 min

Below, we've their quotes on the subjects, along with how they said they're protecting their clients' money. I think it is a good chance, more than a little bit, that there will be a conflict, an invasion of Taiwan. Where to invest now: Roeper said he's bullish on aerospace companies because they're having a "pretty solid recovery" right now. The Vanguard Total Bond Market ETF (BND) offers exposure to different areas of the bond market. Where to invest now: Blake said he likes hybrid bonds, investment-grade bonds over a six-12 month duration, and private credit.

Stringer/ReutersThe RSF denied those reports, telling CNN in a statement that it “will never assault any UN staff or employees. Meanwhile, tense efforts to establish a ceasefire have ramped up, with the UN calling for rival factions to end their hostilities. Satellite imagery of the smoke plume at Khartoum International Airport on Sunday. The Sudanese Armed Forces later issued conflicting statements on a proposed 24-hour ceasefire, intended to go into effect later on Tuesday. Both sides had previously agreed to a three-hour ceasefire on Sunday, and again on Monday, with fighting resuming afterward, Perthes said.

☆ Taiwan Foreign Minister Joseph Wu: Military exercises suggest China is getting 'ready to launch a war against Taiwan'
▼ + stars: | 2023-04-11 | by ( Jim Sciutto | ) edition.cnn.com time to read: +4 min

And no matter whether it is 2025 or 2027 or even beyond, Taiwan simply needs to get ready,” he said. The exercises appeared to mark the first time the Chinese navy has simulated strikes by aircraft carrier-based warplanes on Taiwan. And China cannot dictate how our friends want to show support to Taiwan.”Beijing conducted similar large-scale military exercises around Taiwan last August, after then-US House Speaker Nancy Pelosi visited the island. Those exercises included Chinese missile launches over the island, something that has not been seen so far in the current drills. Taiwan and China have been governed separately since the end of a civil war more than seven decades ago, in which the defeated Nationalists fled to Taipei.

☆ Baidu's Ernie writes poems but says it has insufficient information on Xi, tests show
▼ + stars: | 2023-03-20 | by ( Eduardo Baptista | ) www.reuters.com time to read: +3 min

REUTERS/Tingshu WangBEIJING, March 20 (Reuters) - Baidu's (9888.HK) Ernie bot can within seconds generate pictures of flowers and write Tang dynasty-style poems but will decline questions about Chinese President Xi Jinping by saying it has not yet learnt how to answer them, Reuters tests showed. Some analysts and users soon began posting positive reviews of their experiences with Ernie bot, and side-by-side comparisons with ChatGPT, that drove Baidu's share price higher. Tests by Reuters of ChatGPT indicated that the Microsoft-backed chatbot is not averse to answering such questions. "Let's change the subject and start again," read a prompt Reuters received over a dozen times in response to sensitive questions. The Ernie bot would also produce the same restart prompts when asked similar questions about U.S. President Joe Biden and his predecessor, Donald Trump.

The agreement will also see U.S. and British submarines deployed in Western Australia to help train Australian crews and bolster deterrence. This first phase of the plan is already underway with the U.S. Virginia-class nuclear-powered attack submarine Asheville visiting Perth in Western Australia, officials said. Briefing a small group of reporters on Friday, Sullivan dismissed China's concerns and pointed to Beijing's own military buildup, including nuclear-powered submarines. 'DOUBLE DIGIT BILLION' INVESTMENTAustralia had agreed to contribute funds to boost U.S. and British submarine production and maintenance capacity, the official said. Australia's nuclear-powered submarine program with the United States and Britain will cost Australia up to A$368 billion ($245 billion) by 2055, a defense official said.

☆ Explainer: A year into Ukraine war, how has China stood by 'no limits' partner Russia?
▼ + stars: | 2023-02-21 | by ( Laurie Chen | ) www.reuters.com time to read: +5 min

Here are the implications for China as the war approaches its one-year anniversary on Feb. 24. While China has repeatedly called for peace, President Xi Jinping has stood by his Russian counterpart Vladimir Putin, resisting Western pressure to isolate Moscow. China has sought to avoid providing support to Russia that would invite sanctions upon itself, including refraining from providing weapons. Beijing has repeatedly opposed any linkage between the Ukraine war and its intentions to "reunify" with the self-ruled island that it claims as its territory. "The result and the cost of the war show the Chinese that an invasion is Taiwan may not be prudent," said Sun.

☆ Gold miner unearths risky M&A seam
▼ + stars: | 2023-02-06 | by ( Antony Currie | ) www.reuters.com time to read: +3 min

That’s precisely what Newmont (NEM.N) boss Tom Palmer has just done, offering $17 billion in stock for Australian gold excavator Newcrest Mining (NCM.AX). At present Newmont is offering a 22% premium to the target’s undisturbed share price, after Newcrest rejected an earlier 17% boost. What Canada’s Barrick Gold (ABX.TO) does in response is the main question. It is the world’s largest gold miner, which at $40 billion sports a market capitalisation 25% higher than Barrick’s. Agnico Eagle Mines (AEM.TO), the $24 billion third-largest miner of the ore, may want to dig in, too.

☆ Taiwan's remote islands are on the frontline with China — sometimes only a few hundred yards from Chinese troops
▼ + stars: | 2022-12-28 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +10 min

Taiwan is roughly 100 miles from mainland China, but some Taiwanese islands are much closer. Taiwan's outlying islands would stand little chance against China, but they wouldn't be easy to take. While celebrated, this year's anniversary was also a reminder of Taiwan's islands' growing vulnerability to Chinese attack. Taiwan's islands are much easier to reach. Tourists watch a Chinese military helicopter fly over Pingtan Island, one of mainland China's closest points to Taiwan, on August 4.

☆ The Biden administration still hasn't found parents of 120 children separated from their families under Trump
▼ + stars: | 2022-12-08 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +2 min

120 children separated from their families under Trump are still without their parents. At least 5,000 children were separated from their families under the Trump administration in 2017 and 2018, and the precise number remains in flux as families continue to apply for help from the Department of Homeland Security. Some of the parents of separated children have been removed from the United States and cannot be contacted, they said. "We continue to try to reach the parents of the remaining 120 children. The Biden administration has also entered into settlement discussions that remain ongoing four years later with families affected by the Trump administration policy, according to the status report.

☆ Xi Jinping: Chinese president lands in Saudi Arabia amid tensions with US
▼ + stars: | 2022-12-07 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +5 min

CNN —Chinese President Xi Jinping landed in the Saudi Arabian capital Riyadh on Wednesday for a multiple-day visit, China’s official news agency Xinhua reported, amid frayed ties between the two countries and the United States. A purple carpet was rolled out for the Chinese president, and canons were fired. But Saudi Arabia’s grand reception of the Chinese president is only emblematic of the magnitude of their growing relationship, specifically around oil, trade and security. Saudi Arabia has also traditionally been China’s top oil supplier, with Saudi barrels making up around 17% of total Chinese oil imports as of last year, according to the Saudi-backed Arab News. Apart from oil exports, Saudi Arabia has this year ramped up its Chinese investments, which culminated in Aramco’s whopping $10 billion dollar investment into a refinery and petrochemical complex in China’s northeast.

I want donors to know that every cent truly counts, and you can contribute to multiple causes. In fact, I'd fled the nonprofit world 15 years earlier and had no intentions of looking back. But what many donors don't know is that those traits, conferred through nonprofit status and IRS oversight, come with massive trade-offs. What it means to be a nonprofit and where our money goesAs a nonprofit director, I have to raise a lot of money just so our organization can remain compliant. At the same time, if you care about multiple issues, you can make small donations to multiple organizations.

That loyal inner circle has not only strengthened Xi’s hold on power – but also tightened his grip over China’s future. In the eyes of Xi, China is closer than ever to achieving its dream of “national rejuvenation” and reclaiming its rightful place in the world. What he decides to do – and how he goes about doing it – will have a profound impact on the world. Under Xi, Beijing has ramped up military pressure on Taiwan, sending warplanes and conducting military drills near the island. Xi continues to back a costly zero-Covid policy that keeps borders heavily restricted and regularly sends its cities into lockdown – dragging down China’s economic growth.

☆ Xi warned about Taiwan interference — but don't expect an imminent invasion, analysts say
▼ + stars: | 2022-10-18 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +5 min

watch nowChina will continue to work toward becoming more self-reliant, but don't expect President Xi Jinping to move on Taiwan by force, analysts said. In a nearly two-hour speech, Chinese President Xi Jinping outlined his vision for the country for the next five years. Xi Jinping has made very clear what his intentions are: he wants a private sector that is controllable, that is manageable. He said Xi's speech, consistent with Beijing's comments in recent months, suggested the government viewed a more state-dominated economy as the pathway to stability. "Xi Jinping has made very clear what his intentions are: he wants a private sector that is controllable, that is manageable."

☆ China isn't eager to reunify with Taiwan by force: Bilahari Kausikan
▼ + stars: | 2022-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina probably isn't eager to start something to reunify with Taiwan by force: Ex-Singapore diplomatBilahari Kausikan, former permanent secretary of Singapore's Ministry of Foreign Affairs, says "because if you start that, you must win. I don't think any Chinese leader can survive a bungled attempt on Taiwan as Mr Putin bungled Ukraine."

☆ A quiet US move in the Mediterranean may help put more pressure on Russia, but not everyone in NATO is happy about it
▼ + stars: | 2022-10-17 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +8 min

The US lifted its 35-year-old arms embargo on the Republic of Cyprus in September. But the US decision has rankled Turkey, which is at odds with NATO ally Greece over the island. Increased cooperationThe Cypriot Underwater Demolition Team and US Naval Special Warfare Task Unit Europe train in Cyprus in September 2021. "This is a landmark decision, reflecting the burgeoning strategic relationship between the two countries, including in the area of security," Cypriot President Nikos Anastasiades said after the announcement. Cyprus is one of many points of contention between Greece and Turkey, whose worsening relations have worried other NATO members.

Over nearly a decade, Thergood had repeated interactions with Connecticut’s foster care system. Since 2011, Connecticut has also reduced the number of foster care youth in congregate care settings from 30% to just 6% today. Of the 3,000 or so kids currently in foster care, nearly 43% are living with kin or extended family. The total population of kids in state foster care fell 9.5 percent from 2011 to 2019 under Dorantes’ predecessor, from 4,770 to 4,311. The children were removed from his care in 2017 and spent time in foster care.

☆ Elon Musk’s unsolicited idea for Taiwan welcomed by Beijing, slammed in Taipei
▼ + stars: | 2022-10-10 | by ( Rhea Mogul | ) edition.cnn.com time to read: +3 min

Hong Kong CNN Business —As tensions between China and Taiwan simmer at their highest point in decades, officials in both places have clashed in recent days over an unsolicited idea from billionaire Elon Musk. Taiwan, a democracy of 23 million people, strongly objects to Beijing’s claims to the island. In a briefing on October 7, China’s Foreign Ministry spokesperson Mao Ning said the “Taiwan question is China’s internal affair.”“China’s position on resolving the Taiwan question is consistent and clear. We remain committed to the basic principle of peaceful reunification and ‘one country, two systems,’” he said. “Which Elon Musk do you like more?” Zelensky asked his Twitter followers, using the social media platform’s poll function.

☆ China shifts US bond holdings offshore, potentially beyond the reach of any future currency sanctions, report says
▼ + stars: | 2022-09-22 | by ( Brian Evans | ) www.businessinsider.com time to read: +2 min

Meanwhile, the Cayman Islands saw a $38.5 billion rise in China's Treasury holdings, and Bermuda saw a $7 billion increase. China may be protecting dollar-denominated assets from any future sanctions like the kind that froze Russia's foreign currencies. Meanwhile, China's Treasury holdings located in the Cayman Islands and Bermuda jumped by $38.5 billion and $7 billion, respectively. Shifting them offshore could protect China's dollar-denominated assets from the potential of future sanctions, like the kind that froze Russia's foreign currency reserves, Nikkei said. And while its Treasury holdings drift lower, China's gold imports more than doubled in August year over year to $10.36 billion, according to Nikkei.

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