• Hong Kong man jailed 'under national security law'

    The man, during pro-democracy protests in HK against the Chinese government, purposefully rode his superbike at a line of police. He carried a flag which read 'Liberate Hong Kong.'

    Western media is headlining this as the first person to be charged under Hong Kong's new national security law, and highlighting the law's restrictions on protest slogans that are 'capable of inciting others,' on secessionist activity, and that without a guilty plea there should be no leniency.

    ... despite this man's actions being clearly not just protest oriented.

    This may logically make China appear unfairly presented, and give China a valid claim to such. American commenters on the story noted that the man would probably have been gunned down by US police if he tried that in NY. ... However, China may follow this trial of what many consider an aggressive act with trials of peaceful protesters, journalists (which reportedly it has lined up about 30 of them), etc.

    9 years. He will appeal.

    (following this video clip, the motorbike was on the ground with police surrounding him. It appears he slowed and turned to the side and did not hit any police once he charged up close to them.)

     
  • China has 400m in what they call their middle class

    ... and 1b in poverty.

    China has to find a way to stop social unrest through government, it is thought, when the gap between haves and have-nots increases too much.

    The poor have to pay more for basic staples, energy, and middle class can't move up because asset prices are moving quickly.

     
  • Chinese government aiming at wealth

    The CCP has been cracking down on all fast-growing sectors. Any sector or company with large growth over the past years.

    They don't want too much wealth accumulation or wealth inequality, reportedly. They're seeking an equality in the society.

    It makes it more difficult for investors, because they don't know what to price in to their estimates.

    No one knows what other regulations will be coming from the party.

    The thing started with Ant group a few months ago. Recently, the whole tutoring sector. Some investors think the next sector might be health care. Large US investors are starting to pull out of investment in China, it has been reported.

    'The Chinese party has shown you who they are and what they care about,' said Kyle Bass of Hayman Capital, who thinks China is hoping people will stop investing in Chinese companies in the US and start investing in Chinese companies in Hong Kong, as China says HK will adjust it's listing requirements to make it easier for Chinese companies to list there.

     

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