Archive for September, 2014

Protests continues in Hong Kong

Monday, September 29th, 2014
Protests continues

Hong Kong protests 2014 continues

In Hong Kong the largest demonstrations since the former British colony was returned to China in 1997 continues – although the police used tear gas and pepper spray to try to disperse the protesters.

Riot police used tear gas 87 times this weekend against the tens of thousands of protesters gathered on Hong Kong streets. Police also used pepper spray and batons against the protesters, many of whom are students.

The movement Occupy Central, which has initiated the protests, has called for the election of a new top leader in 2017 in Hong Kong should be done in a democratic manner. The recent protests kicked off after the Chinese government at the end of August, made ​​it clear that the choice will be between 2-3 candidates approved by Beijing.

Amnesty condemns Hong Kong Police for using disproportionate force against peaceful demonstrators. The riot police withdrew on Monday, but protesters remain in the streets, even if they have partially moved to other districts.

The protests are the largest in China since the chaos at Tiananmen Square in 1989, and there is concern over what will happen next.

Britain’s Foreign Office is concerned about the trend, and requires that the right to demonstrate should be protected.

But the message from Hua Chunying, a spokesman for China’s foreign ministry, is that “Hong Kong is China’s Hong Kong” and she warns other countries to support the Occupy Central, writes Reuters.

The demonstrations are expected to continue on China’s National Day on October 1, which makes Hong Kong cancel their planner fireworks. China is trying to simultaneously silence the protests, for example, the phrase “Occupy Central” is frozen in Weibo, China’s Twitter.

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China: Worlds largest economy

Monday, September 29th, 2014

China second largest economy? No. China’s economy is now the largest economy in the world measured in purchasing

2. Shanghai. Largest city by population in China and in the world with more than 24 million people

After three decades of spectacular growth, China from today takes the place as the worlds largest economy, measured in purchasing.
In terms of pure American dollars, or Chinese Renminbi, however, the United States economy is still the largest. And has been since it ran on the British Empire 142 years ago. But even this line is expected to lose to China in about ten years.

In the late 1970s the Chinese government as a national disgrace, only countries such as Hong Kong and Japan could match the West in technology and economic development, while the Maoist planned economy could hardly provide their inhabitants with shelter and adequate food .

Ideas for a new, evidence-based and pragmatic economic reform began to take shape. China would reform the economy based on capitalist market principles, while the central political power over the economy remained with the state.
According to conservative precautionary principle was introduced capitalism in the 1980s in small steps carefully evaluated. The very good results led to the growing parts of the economy opened up, which paved the way for a huge economic boom in the 1990s and 2000s.

worlds largest economy

Thanks to China’s huge population, China will in the future also subtract the USA sharply for the foreseeable future as the world’s largest economy. And the impact is expected to be extensive. In recent years, China has started their own globally active institutions, its own “world bank” and own global development funds.

Moreover, partly because of China, an increasingly smaller share of world trade is being made in American dollars. Also this is a tendency towards reduced American domination.

So now you know that China is the worlds largest economy

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Xbox launch halted in China

Monday, September 29th, 2014
Xbox launch halted in China

Xbox in China launch halted

Microsoft postpones the launch of Xbox One in China, just one day before the game console was planned to be released on the market.

Earlier this year China abolished the 14-year-old ban on video game machines. Last summer Microsoft announced that the Xbox One would be released in the fall, which would mean that Microsoft was first out. Now it is possible that Sony’s Playstation gets there before.

According to Microsoft, the company needs “more time” and says that the console will go on sale before the year is out.
Chinese authorities are investigating if the American IT giant is violating Chinese laws.
Both Xbox and Playstation will be manufactured in Shanghai’s free trade zone, in cooperation with Chinese companies. The zone, in English abbreviated FTZ, opened last year.

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