HK Arrests 18-Year-Old for Writing ‘Seditious Words' in Bathroom
The man is accused of being 'involved in writing seditious words in a commercial building toilet on three separate occasions,' the government said Wednesday. The content allegedly provoked hatred and disaffection against the government and incited others to defy the law.
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UPI
8 minutes ago
- UPI
United States, China to hold trade talks in Sweden
U.S. Secretary of the Treasury Scott Bessent speaks to press in the U.S. Capitol in Washington, D.C. in June. Photo by Annabelle Gordon/UPI. | License Photo July 28 (UPI) -- Delegations from the United States and China will meet on Monday in Stockholm to keep the current trade truce alive and possibly negotiate a permanent deal. The world's two biggest economies will be represented by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, in the third meeting between the countries in as many months. The May meeting in Geneva saw a 90-day truce get set, and then it was rescued in June when the nations met in London. Beijing has used its lock on strategic rare earth minerals to its advantage, keeping the United States at the negotiating table and getting some U.S. export demands rolled back. If anything, the possibility of smooth negotiations seems likely after President Donald Trump and Chinese President Xi Jinping had a very pleasant conversation when they last spoke on the phone. Trump said Sunday that the United States "is very close to a deal with China" but didn't offer any deeper details. Gracious moves have been made since the Trump-Xi chat, like the lifting of the American ban on sales of an important Nvidia chip to China and Beijing backing off on antitrust investigation into American chemical company DuPont. The Hong Kong-based South China Morning Post reported Monday that the United States and China are likely to extend their truce by another three months, citing unnamed sources from both sides. There was a recent flareup between the countries earlier this month when Beijing refused to allow a Chinese American banker for Wells Fargo and an employee of the U.S. Patent and Trademark Office to leave China. Nonetheless, Secretary Bessent sounded very positive while discussing the impending talks with Fox Business last week, saying that "trade is in a good place" between the two countries. Chinese Foreign Ministry Spokesperson Guo Jiakun was asked Monday in a press conference about where China stands in regard to the upcoming meeting, to which he replied, "For the specifics of the economic and trade talks between China and the U.S. in Sweden, you may stay tuned."
News24
8 minutes ago
- News24
‘CEO monk' of Shaolin Temple Abbot Shi Yongxin removed over ‘extremely bad' behaviour
Buddhist Abbot Shi Yongxin was removed from his position in China. He was accused of embezzlement and 'improper relationships'. Shi's certificate of ordination will be cancelled. The head of the Chinese temple known as the birthplace of kung fu will be disrobed for 'extremely' bad behaviour, Beijing's top Buddhist authority said on Monday, after allegations of embezzlement saw him placed under investigation. The Shaolin Temple said on Sunday that Abbot Shi Yongxin, known as the 'CEO monk' for establishing dozens of companies abroad, was suspected of 'embezzling project funds and temple assets'. The monastery said Shi had 'seriously violated Buddhist precepts', including by allegedly engaging in 'improper relationships' with multiple women. 'Multiple departments' were conducting a joint investigation, it said in a statement on WeChat. In response, the Buddhist Association of China, overseen by the ruling Communist Party, said on Monday it would cancel Shi's certificate of ordination. 'Shi Yongxin's actions are of an extremely bad nature, seriously undermining the reputation of the Buddhist community, hurting the image of monks,' the association said in an online statement. The association 'firmly supports the decision to deal with Shi Yongxin in accordance with the law'. Shi had previously been accused by former monks of embezzling money from a temple-run company, maintaining a fleet of luxury cars and fathering children with multiple women. China's government exercises authority over the appointment of religious leaders, and 'improper' conduct is often grounds for removal from office. A hashtag related to the temple scandal had been viewed more than 560 million times on social media platform Weibo as of Monday morning. The last post to the abbot's personal account on Weibo declared: 'when one's own nature is pure, the pure land is here in the present.' Shi faced similar allegations in 2015 which the temple called 'vicious libel'. Shi, 59, took office as abbot in 1999 and in the following decades expanded Shaolin studies and cultural knowledge overseas. He helped the temple establish dozens of companies - but received backlash for commercialising Buddhism. The temple, established in 495 AD, is known as the birthplace of Zen Buddhism and Chinese kung fu. Shi was first elected vice-chair of the Buddhist Association of China in 2002 and has served as a representative to the National People's Congress, the country's top lawmaking body.
Yahoo
35 minutes ago
- Yahoo
Trump Signals China Deal Could Be Close
Donald Trump surprised many when he hinted that a China trade deal is already in place. He didn't share details but joked, We've kind of reached one already, but let's see how it unfolds before meeting EU Commission President Ursula von der Leyen in Scotland. This week, top U.S. and Chinese negotiators head to Stockholm with a mid August deadline to extend their tariff truce. China's Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent will tackle everything from keeping tariffs paused to U.S. worries about fentanyl trafficking and sanctioned oil purchases. Beneath the headlines is a battle over key technologies. China's rare?earth magnets are crucial for electric vehicles, wind turbines and military gear. The U.S. wants to diversify supply chains and limit dependence while holding tight on cutting?edge AI semiconductors. These talks follow Trump's recent deal with the EU, which saw Europe agree to a 15% tariff on exports to the U.S. in exchange for $600 B in U.S. investments in energy and defense. Still, new U.S. tariffs on Chinese goods from chips to pharmaceuticals could kick in if negotiators can't lock down a firm agreement. This article first appeared on GuruFocus. Sign in to access your portfolio
