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To: louel who wrote (5267)4/14/2020 12:27:27 PM
From: elmatador  Respond to of 13799
 
This Week’s Biggest Losers: Buffett, Gates And Eight Other Billionaires Drop $57 Billion Combined Amid COVID-19 Panic



Hayley C. CuccinelloForbes Staff
Billionaires
Following the world's richest people.


Warren Buffett has lost nearly $10 billion in seven days.

ASSOCIATED PRESSThe coronavirus-driven stock market selloff over the past week — during which the Dow Jones Industrial Average plunged 17% — led to a combined $57 billion drop in the fortunes of the 10 biggest billionaire losers since markets closed on Friday March 13.

ELMAT: We should not take as normal the views of the super wealthy during this Covidscare times as their views are shaped by these huge losses they've incurred.

Warren Buffett lost the most this week, with his fortune dropping by $9.6 billion to $66.4 billion as of the market close on Friday, March 20. Berkshire Hathaway’s Class A dropped 8.6% alone on Wednesday as many of the investing vehicle’s top holdings fell, especially its travel stocks like Delta and American Airlines. Consumers are wary of flying due to contagion fears as the COVID-19 pandemic has topped 270,000 confirmed cases and 11,000 deaths worldwide. The 89-year-old Oracle of Omaha stands to benefit if the airline industry’s plea for a $60 billion bailout from the federal government is successful.

Mark Zuckerberg took a $6.8 billion hit, the second-largest behind Buffett. Facebook stock dipped on concerns about decreased advertising revenue from travel, retail and recreation clients. Earlier this week, the social media giant gave $1,000 bonuses to all full-time staff who are working at home due to COVID-19 and also set up a $100 million grant program for small businesses.

Today In: Billionaires


Bill Gates has stepped down from the boards of Microsoft and Berkshire Hathaway to focus on his ... [+]

ASSOCIATED PRESSMicrosoft stock has dropped more than 13% in the past week, taking down the net worth of Bill Gates and Steve Ballmer, who shed $6.6 billion and $5.7 billion, respectively. Ballmer, now worth $52.4 billion, donated $1 million yesterday to community groups in Los Angeles, including the county’s school district. Gates, worth $97 billion, has directed his foundation to put $100 million toward global detection, isolation and treatment of COVID-19. He recently stepped down from the boards of Microsoft and Berkshire Hathaway to focus on his philanthropy.

PROMOTED

Masayoshi Son lost a quarter of his fortune in just a week, his net worth dropping by $4.9 billion to $14.1 billion as stock of investment and telecom firm SoftBank plummeted by 30%. With many U.S. states mandating that people stay home and work remotely, SoftBank’s imperiled investment WeWork looks to be on life support. The Japanese conglomerate was reported to be backing away from a $3 billion deal to buy back shares from WeWork shareholders.


Elon Musk's Tesla factory defied sheriff orders to "shelter-in-place."

AFP VIA GETTY IMAGESAfter months of Tesla’s stock roaring, the electric carmaker’s joy ride sputtered. Elon Musk now stands at $27 billion, a $4.1 billion decrease. On Wednesday, the 48-year-old CEO defied a sheriff’s order to “shelter-in-place” by keeping Tesla’s Fremont, California factory open, with employees being told the factory was “critical infrastructure.” (Tesla had been deemed “not an essential business” by the sheriff’s department). After Tesla was confronted by the Alameda County Sheriff’s Department that same day, the factory cut its onsite staff from 10,000 to 2,500.

On Wednesday evening, Musk, who has previously dismissed the coronavirus panic as “dumb,” tweeted that Tesla would “make ventilators if there is a shortage.” He added on Friday that he thinks the ventilators “probably won’t be needed.” Fingers crossed.

Below are the world’s 10 biggest billionaire losers this week:

Warren BuffettSource of wealth: Berkshire Hathaway

Country: U.S.

Net worth change from March 13 to March 20: -$9.6 billion

Mark ZuckerbergSource of wealth: Facebook

Country: U.S.

Net worth change: -$6.8 billion

Bill GatesSource of wealth: Microsoft

Country: U.S.

Net worth change: -$6.6 billion

Steve BallmerSource of wealth: Microsoft

Country: U.S.

Net worth change: -$5.7 billion

Larry Page Source of wealth: Alphabet

Country: U.S.

Net worth change: -$5.4 billion

Sergey BrinSource of wealth: Alphabet

Country: U.S.

Net worth change: -$5.2 billion


Masayoshi Son lost a quarter of his net worth in one week.

GETTY IMAGES Masayoshi SonSource of wealth: SoftBank

Country: Japan

Net worth change: -$4.9 billion

Carlos Slim HeluSource of wealth: America Movil

Country: Mexico

Net worth change: -$4.7 billion

Hui Ka YanSource of wealth: Evergrande Group

Country: China

Net worth change: -$4.1 billion

Elon MuskSource of wealth: Tesla

Country: U.S.

Net worth change: -$4.1 billion



To: louel who wrote (5267)4/22/2020 12:48:58 PM
From: elmatador  Read Replies (1) | Respond to of 13799
 
Energy per unit of GDP has been declining. Worldwide energy intensity, measured as energy consumption per unit of gross domestic product (GDP), decreased by nearly one-third between 1990 and 2015.



The world produces more using less energy.
Between 1990 and 2015, China experienced the largest increase in energy productivity (133%) as a large increase in economic output was more than double the increase in energy consumption. During the same time period, U.S. energy productivity rose by 58%, with improvements in every sector.


Source: EIA, International Energy Outlook 2016, International Energy Statistics and Oxford Economics
Note: Gross domestic product calculated in purchasing power parity terms.
Principal contributor: Ari Kahan

eia.gov



To: louel who wrote (5267)6/7/2020 5:30:38 AM
From: elmatador1 Recommendation

Recommended By
pak73

  Read Replies (1) | Respond to of 13799
 
Had they listened to Trump at first when he suggested Hydroxycholoroquine it may have saver many lives like it did in other countries. But no it was anything anti Trump.
The Lancet has made one of the biggest retractions in modern history.

The now retracted paper halted hydroxychloroquine trials. Studies like this determine how people live or die tomorrow

Message 32772791



To: louel who wrote (5267)6/7/2020 5:31:31 AM
From: elmatador  Respond to of 13799
 
Meng Wanzhou extradition hearings could extend into 2021
New schedule to be proposed as court considers appointing 'referee' to determine defence's access to documents
cbc.ca



To: louel who wrote (5267)7/12/2020 2:42:17 AM
From: elmatador  Respond to of 13799
 
A Bid for Hostage Diplomacy With China Backfires in Canada

With public opinion on his side, Trudeau rejects prisoner swap

By Kait Bolongaro and Natalie Obiko Pearson

Lobbying by ex-officials stirs debate about Chinese influence

Justin Trudeau attends a news conference in Ottawa on July 8. Photographer: David Kawai/Bloomberg

The letter circulated by Huawei Technologies Co. was blunt. Canada was becoming dangerously entangled in the diplomatic feud between Washington and Beijing, it said, and there was only one answer: for Justin Trudeau’s government to free the state-championed tech giant’s chief financial officer and let her go back to China.

It sounds like a warning from the Chinese government. In fact, the June 23 letter to the prime minister was signed by a who’s who’s of 19 prominent Canadians -- among them a retired Supreme Court justice, a former attorney-general and several ex-cabinet ministers and ambassadors. Within 24 hours of it making headlines in Canada, Huawei executives were sharing the four-page note with journalists abroad.

The letter was meant to propose an answer to the plight of two Canadian men who’ve been accused by China of espionage and whose grim captivity for more than 18 months has left the nation aghast. Instead, it appears to have hardened Trudeau’s resolve, backed by an electorate that’s no longer in a mood to see the government cut deals with Xi Jinping.

A series of recent polls show public opinion in Canada is shifting against China. Policy is changing, too. Trudeau’s latest approach is a break with his own policies, and those of past governments, that focused on courting stronger trade and commercial ties. Last week, his government became the first to suspend its extradition treaty with Hong Kong in response to China’s new security law.

Trudeau also rejected the idea of a prisoner swap for Meng Wanzhou -- eldest daughter of Huawei’s billionaire founder Ren Zhengfei -- saying an exchange would “demonstrate to China that they can just arrest Canadians and get what they want out of Canada.” Which can’t have been the result the pillars of the Canadian establishment that penned the letter had been expecting.

‘Western Enablers’The 19 signatories said they were writing to Trudeau as Canadians deeply concerned about the survival of Michael Kovrig and Michael Spavor, detained just days after Meng’s arrest in Vancouver on a U.S. extradition request in December 2018.

For 18 months, China denied any link between the Huawei executive’s case and those of the “two Michaels.” But the day after the letter, Beijing made it clear their fates are linked. Zhao Lijian, a spokesman for China’s foreign ministry, told reporters on June 24 that if Canada halted Meng’s extradition process, it “could open up space for resolution to the situation of the two Canadians.”

National security experts suggest Beijing’s response was easily anticipated. “I would be very surprised if the signatories on that letter did not understand that they would be used as a tool of Chinese foreign policy -- they are not the kind of people to walk into this with their eyes closed,” said Stephanie Carvin, a former government intelligence analyst who now teaches international relations at Carleton University in Ottawa.

Canada’s latest national security review warned that the nation has been an “attractive and permissive target” of China’s attempts to covertly advance its interests by using money and so-called “Western enablers.” Unlike its allies Australia, New Zealand and the U.S., which have identified the threat and initiated countermeasures, Canada has largely failed to address the issue, the review said.

In addition to locking up Kovrig and Spavor, China hit back economically after Meng’s arrest, halting billions of dollars in agricultural imports from Canada. Canola farmers in the northern nation are still grappling with the fallout and the lumber industry fears it could be next. This week, Beijing said it could “ take further actions” in response to Trudeau’s shift on Hong Kong. It has also warned of consequences if his government bars Huawei from Canada’s fifth-generation wireless networks -- a decision he’s punted amid the detainee standoff.

Chretien ConfidantesTo be sure, there’s no evidence Huawei or the Chinese government had any hand in the missive to Trudeau. On the contrary, said Allan Rock, a former attorney-general who signed it. “There was absolutely no lobbying effort by Huawei or any other party directed towards me or, to my knowledge, towards any other signatory to the letter,” he said in a written response to questions from Bloomberg.

Rock served as justice minister in the government of Jean Chretien, the most pro-China prime minister Canada has had in the past 25 years. During his time in power from 1993 to 2003, Chretien advocated the notion that by engaging China through trade, the Communist country would eventually liberalize.

The former prime minister has called for Meng’s release as a strategy for freeing Kovrig and Spavor. Chretien even offered to travel to China as a special envoy to negotiate a deal -- an offer promptly touted by Meng’s lawyers in their legal fight. Requests for comment to his office and that of his spokesman weren’t immediately returned.

Chretien’s former chief of staff, Eddie Goldenberg, and his deputy prime minister, John Manley, weren’t signatories to the letter but made earlier public appeals in the Huawei CFO’s case. Goldenberg helps lead the public policy practice at Bennett Jones LLP, a Canadian law firm that’s given advice to the Chinese government in the past. Manley is a director of Vancouver-based Telus Corp., which has lobbied the Trudeau government to be allowed to use Huawei equipment in its networks.

Goldenberg said by phone Friday he doesn’t do any work for China or Huawei. Manley also said he has no commercial relationship with the Shenzhen-based company or the government in Beijing. “I had reacted very quickly in 2018 to the arrest of Meng because I thought it was a mistake and should never have been authorized,” he said by email, adding the “use of Huawei equipment in 5G is unrelated and should be determined according to Canada’s national interests.”

Lobbying LoopholesFor those who worry about connections between China and former public officials, one source of frustration is gaps in Canada’s lobbying and conflict-of-interest laws. For between one and five years after leaving office, officials face prohibitions on lobbying for or accepting positions with groups they had direct dealings with.

But that leaves a lot of wiggle room. They can’t lobby the Canadian government, but they can lobby a foreign one. After leaving office and complying with the cooling-off period, they are free to represent whatever interests they choose and face no obligation to disclose.

That’s in contrast with Australia, where anyone acting for overseas interests -- including activities such as “communications” and “general political lobbying” -- must disclose their ties in a public registry. That registry was set up after Australia passed anti-foreign interference legislation in 2018 that the government said was needed to curtail Beijing’s meddling.

“We sort of find out, by the by, about very senior Canadians who are on boards of Chinese state-owned enterprises or advising Chinese companies,” said David Mulroney, a former Canadian ambassador to China. “On day 366, you can go and work for anybody and they can benefit from all of the skills and contact information you’ve gathered as a servant of Canada. That’s a problem.”



To: louel who wrote (5267)9/17/2020 6:43:10 AM
From: elmatador1 Recommendation

Recommended By
pak73

  Respond to of 13799
 
Brazilians stepped in
Top Huawei executives had close ties to company at center of U.S. criminal case
...

Reuters has uncovered previously unreported links in Brazil between Huawei and the company, Skycom Tech Co Ltd, that could offer support to the U.S. case against the tech giant and Meng Wanzhou, its chief financial officer and daughter of its founder. Corporate records filed with the state of Sao Paulo in Brazil show that Huawei and Skycom were closely intertwined there for five years after Huawei disposed of its shares in Skycom in 2007.

Until late 2007, two other top-level Huawei executives also had close ties with Skycom, corporate records filed in Brazil and Hong Kong show. Both men - Ken Hu and Guo Ping - currently are deputy chairmen of Huawei and serve on a rotating basis as the company’s chairman. Guo now has the chairman’s role.

https://www.reuters.com/article/huawei-brazil-probe/exclusive-top-huawei-executives-had-close-ties-to-company-at-center-of-us-criminal-case-idUSL8N2GD2L8



To: louel who wrote (5267)9/23/2020 3:47:05 AM
From: elmatador  Respond to of 13799
 
Canada warns China that ‘coercive diplomacy’ won’t secure release of Huawei’s Meng Wanzhou

Foreign minister Francois-Philippe Champagne pressed Chinese counterpart Wang Yi on Canadian detainees during Rome meeting

Wang, meanwhile, has called on Ottawa to mend relationship with Beijing by freeing Huawei executive arrested in Vancouver

https://www.scmp.com/news/world/united-states-canada/article/3099167/canada-warns-china-coercive-diplomacy-wont-secure



To: louel who wrote (5267)10/8/2020 9:51:59 AM
From: elmatador  Respond to of 13799
 
Meng wasting “precious court time” with legal manoeuvres that are doomed to fail.

Why are Meng's lawyers wasting precious court time on processes that have no hope of success” ?

They are making a bundle with the case.

“Extradition hearings are supposed to be expeditious processes,” said Frater, telling the judge that she had “the ability to refuse to waste precious court time on processes that have no hope of success”.

https://www.scmp.com/news/china/society/article/3103581/canada-lawyer-says-huaweis-meng-wanzhou-wasting-courts-time






To: louel who wrote (5267)7/10/2021 12:13:45 PM
From: elmatador  Respond to of 13799
 
Huawei finance chief faces setback in fight against US extradition
Vancouver judge denies bid by Meng Wanzhou to add over 300 HSBC documents to her legal battle

A Canadian judge has denied an application by Meng Wanzhou, the Huawei chief financial officer, to add documents her legal team received from HSBC as evidence to her US extradition case, the judge announced on Friday.

Meng, 49, is facing extradition from Canada to the US on charges of bank fraud for allegedly misleading HSBC about Huawei’s business dealings in Iran, potentially causing the bank to break US sanctions. She has been held under house arrest in Vancouver since December 2018, when she was first detained.

Huawei lawyers claim emails prove US has no grounds to extradite CFO from Canada
Her legal team received a trove of over 300 pages of internal documents from HSBC through a court in Hong Kong, which the defence argued should be entered as evidence because they would disprove the basis for the extradition claim.

Associate chief justice Heather Holmes, who has been overseeing the case in the British Columbia supreme court since its inception, disagreed. Her reasons will be released in writing in approximately 10 days, she said.

“We respect the court’s ruling, but regret this outcome,” Huawei Canada said in a statement released after the ruling, insisting the documents showed HSBC was aware of Huawei’s business dealings in Iran, proving that the US’s account of the case was “manifestly unreliable”.

Meng was arrested on a US warrant at Vancouver airport in late 2018, and has been battling extradition. Her detention infuriated the Chinese government and has helped drag relations between Beijing and Ottawa to their lowest point in years.

The US accuses Huawei of using a Hong Kong shell company called Skycom to sell equipment to Iran, in violation of US sanctions. It says Meng committed fraud by misleading HSBC about the company’s business dealings in Iran.

But Meng’s lawyers argued that the documents from HSBC show Huawei was open about its links to Skycom.

Meng is to appear in court in early August. Her extradition hearings are scheduled to finish by the end of that month.



To: louel who wrote (5267)8/20/2021 8:39:53 AM
From: elmatador  Respond to of 13799
 
Huawei CFO Meng Wanzhou
Extradition hearings concluded more than 2 years.

Case isn't over yet.

Meng now awaits the decision of Chief Justice Heather Holmes as to whether she should be extradited to stand trial in the United States, where she and Huawei have been charged for alleged bank fraud and evasion of economic sanctions against Iran.

The ruling is expected to take months

https://edition.cnn.com/2021/08/19/business/meng-wanzhou-huawei-extradition-canada-intl-hnk/index.html



To: louel who wrote (5267)9/18/2021 5:02:42 AM
From: elmatador  Respond to of 13799
 
U.S. Justice Department, Huawei’s Meng Wanzhou resume talks on plea deal, sources say

ROBERT FIFEOTTAWA BUREAU CHIEF
STEVEN CHASESENIOR PARLIAMENTARY REPORTER
OTTAWA
PUBLISHED SEPTEMBER 17, 2021UPDATED 9 HOURS AGO

The United States has resumed discussions with Huawei Technologies Co. Ltd. and lawyers for Meng Wanzhou about a possible deferred prosecution agreement for the Chinese executive that could allow her to return to China, according to Canadian sources.

The development could open the door for China to free Canadians Michael Kovrig and Michael Spavor. Canada has accused Beijing of holding them hostage in retaliation for the arrest of Ms. Meng, who is detained in Vancouver and fighting extradition to the United States.

Two sources told The Globe and Mail the U.S. Department of Justice has been in talks for weeks with Huawei and lawyers for Ms. Meng, daughter of Ren Zhengfei, founder of the Chinese telecommunications giant. Those talks do not involve the fate of the two Canadians jailed in China.

Ms. Meng was detained at Vancouver International Airport in December, 2018, on a U.S. Justice Department extradition request for alleged bank fraud related to violations of U.S. sanctions against Iran.

The U.S. is prepared to end the extradition request and criminal proceedings against Ms. Meng if she pleads guilty and pays a hefty fine, the sources said. Huawei accepting corporate responsibility for violating sanctions is not part of the discussions, the sources said.

The Globe is not identifying the sources because they were not authorized to publicly discuss the sensitive and confidential negotiations.

In late 2020, the U.S. Justice Department also held discussions with Huawei on a plea agreement.

Reid Weingarten, the lead U.S. lawyer for Ms. Meng, could not immediately be reached for comment on Friday.

The U.S. Department of Justice would not comment. “The United States continues to pursue the extradition of Ms. Meng. We decline to comment further,” Nicole Navas Oxman, a spokesperson for the U.S. Department of Justice, said in an e-mailed statement.

The Department of Justice has the power to withdraw the extradition request and the arrest warrant for Ms. Meng.

Sources said the talks hinge on Ms. Meng’s willingness to accept a plea deal, which she rejected in December, 2020, when the U.S. Justice Department first held discussions about a deferred prosecution agreement.

The sources said the current negotiations do not involve a quid pro quo for the release of Mr. Spavor and Mr. Kovrig, who were arrested in China on espionage charges shortly after Ms. Meng was detained. They have been held in Chinese prisons while Ms. Meng is out on bail and living in a $13.7-million Vancouver home while she contests her extradition.

Any discussions about the release of the two Michaels would involve the Chinese government, which has demanded that Ms. Meng be allowed to return home, the sources said. Even if Ms. Meng were allowed to leave Canada as part of a U.S. settlement, the sources said it is unlikely the two Michaels would be immediately freed.

In June, The Globe reported that Canada’s ambassador to China, Dominic Barton, spent three weeks in Washington in early April holding talks with senior officials in the Biden administration aimed at facilitating the release of two Canadians.

Mr. Barton met with officials from the White House National Security Council and the departments of Justice, State, Defense, Treasury and Commerce. He also held talks with Cui Tiankai, China’s ambassador to the United States.

China put Mr. Kovrig and Mr. Spavor on trial in March. They were charged with spying as part of a process that Canada and dozens of allies call arbitrary detention on bogus charges in a closed system of justice with no accountability. A Chinese court in August found Mr. Spavor guilty of espionage and sentenced him to 11 years in prison. He has appealed the ruling. The verdict for Mr. Kovrig has yet to be announced.

The two men are not allowed visits from family or lawyers. Canadian diplomats see them about once a month in a video link.

Huawei, which is based in Shenzhen, China, has made freeing Ms. Meng one of its priorities.

Alykhan Velshi, the vice-president of corporate affairs for Huawei Canada, who was hired shortly after Ms. Meng was arrested, has spent the past few years trying to build support around the world for the arrested tech executive, including conducting background briefings with lawyers and media in Europe, Asia and North America.

Our Morning Update and Evening Update newsletters are written by Globe editors, giving you a concise summary of the day’s most important headlines. Sign up today.



To: louel who wrote (5267)9/25/2021 5:32:47 AM
From: elmatador  Respond to of 13799
 
Hostage Diplomacy case ends.
Meng exchanged for 2 Canadians

Now people know the danger of being physically in China

What the world can learn from Beijing’s 'hostage diplomacy'

IN 2018, HUAWEI top executive and daughter of the founder of the company, Meng Wanzhou was arrested in Canada on foot of a US extradition request. The move prompted a furious reaction from China.

Tensions have escalated since. Shortly after, Beijing arrested two Canadian men in China – they’ve become known as ‘two Michaels’ – Spavor and Kovrig were detained in China under state secrets law. They’ve since faced long-term detention and interrogation.

Meanwhile, a Chinese court violated normal procedures by commuting the 15-year sentence of another Canadian citizen, Robert Schellenberg, to a death sentence. More recently, when Meng’s extradition case entered its critical stage, a Chinese court sentenced Michael Spavor to 11 years in prison for espionage and for illegally providing intelligence.

The Chinese government has been repeatedly pressuring Canada to release Meng Wanzhou. Chinese Foreign Minister Wang Yi claimed that “Huawei is a 100 per cent private enterprise” and that “suppressing Huawei is a typical act of economic bullying”.

To defend such a “private enterprise”, the Chinese government has spared no effort. In August 2020, Canadian citizen Ye Jianhui was sentenced to death for transporting and manufacturing drugs. The Communist Party of China (CCP) has taken foreign nationals in China as a hostage in exchange for Meng’s release.

“I happened to be in Shanghai when the two were arrested,” said Margaret McCuaig-Johnston, a former Canadian official.

“I found my suitcase had been searched. I told a local friend about the arrest, and that friend told me that the Chinese government has a blacklist of 100 Canadians who can be arrested as hostages at any time.”
As seen in the Chinese government’s choice of timing, their public statements about Huawei, Beijing has made little secret of “hostage diplomacy”. This has sent shockwaves through Canada and its allies, but it is not new or an isolated case at all. Besides political and legal methods, Beijing did not hesitate to use both economic bullying and judicial kidnappings.

Back in 2014, China imprisoned Canadian couple Julia and Kevin Garratt in retaliation for Canada’s arrest of a Chinese millionaire, Su Bin, in July that year. Su, who joined Chinese military hackers in their effort to steal blueprints of Pentagon military aircraft parts, was extradited from Canada to the United States and later sentenced to 46 months.

Global tensions

Australia was one of the first countries to be alert to and counter the Chinese government’s accelerating expansion of its infiltration overseas. In 2018, the Australian parliament legislated to punish foreign interference crimes, banned political parties from receiving foreign donations, and required foreign political organisations or entities to be registered to lobby. The CCP’s influential operations became the direct targets.

In April 2020, Australian Prime Minister Scott Morrison called on the international community to launch an independent international investigation into the source of the coronavirus. Previously, the Australian government banned Huawei from participating in the 5G networks construction in 2018 for national security grounds. It has become the first country to issue a ban on Huawei.

Not a surprise, Beijing fought back. Within months of the Australian Prime Minister’s call for an investigation into the source of Covid-19, China began an anti-dumping investigation into Australian wine.
In November, it announced high tariffs on Australian wine and restrictions on imports of Australian beef, barley and coal, with obvious political aims. Beijing also arrested Australian citizen and writer Yang Hengjun in January 2019, and Australian journalist Cheng Lei, in August 2020. A poet and publisher Gui Minhai, a Swedish passport holder, was kidnapped from Thailand by the CCP’s secret police after his publications provoked the wrath of Xi Jinping and other CCP officials. Lee Bo, a bookstore clerk with a British passport, is widely believed to have been abducted from Hong Kong.

Gui renounced his Swedish citizenship under severe torture. After spending two years in prison, he was released, but was re-arrested in front of European diplomats and later sentenced to ten years’ imprisonment, while all consular service was denied. The world has not realised the terror in these details and as a whole. A foreign citizen, living in a foreign country, was abducted by Chinese secret agents, sent back to China, tortured and forced to give up the foreign citizenship. This is a brazen offence of dignity and a huge threat to the safety of every foreigner.
After travelling back to China in 2018, two American citizens, Cynthia and Victor Liu were prevented from leaving China. Beijing used the “exit bans” as a means to pressure their father – a high-profile Chinese fugitive – into returning to China.

Trade war games

In retaliation for South Korea’s deployment of the THAAD missile system in 2007, the Chinese government stopped staging Korean dramas, prohibited Korean artists from performing in China, and encouraged people to boycott Lotte supermarkets. National Tourism Administration urgently stopped all travel to South Korea.

Another famous case is restricting imports of Norwegian salmon as a retaliation against the Norwegian Nobel Committee’s decision to award the Nobel Peace Prize to Liu Xiaobo. Don’t forget another Canadian citizen, Huseyincan Celil, an Uyghur who was arrested in Uzbekistan, extradited to China in 2006 against the objections of the Canadian government, and sentenced to life in prison on fake charges of terrorism.
Make no mistake. The hostages are not only foreign citizens. The Chinese government, in practice, has taken its own people as hostages for decades. Releasing political prisoners was always Beijing’s bargaining chip on the negotiation table, especially after the Tiananmen Massacre. Fang Lizhi, China’s Sakhalov, was not allowed to leave China for one year after he entered the US Embassy following the massacre.

As Nobel laureate Liu Xiaobo documented, the first early release of Xu Wenli and Wei Jingsheng was related to Beijing’ 1993 Olympic bid; Wang Juntao’s release on medical parole in 1994 was linked to the USA’s granting most favourite nation (MFN) trade status to China; Wei Jingsheng’s second release became a bargaining chip for Jiang Zemin’s eager visit to the US; Wang Dan and Liu Nianchun’s release on medical parole was a reward for Clinton’s visit to China in 1998.

Releasing one and capturing more, such hostage diplomacy is both cruel and nasty. There is never a shortage of political hostages in Chinese prisons.
The president of the World Uyghur Congress, Dolkun Isa, found that his younger brother Hushtar, in Xinjiang, was recently sentenced to life in prison. “It was connected to my activism, surely,” Dolkun said.

Similarly, Gulshan Abbas was sentenced to 20 years, it’s widely believed as a retaliation against her sister, Rushan Abbas’s speaking out for Uyghur people’s human rights. More than 50 relatives of Uyghur journalists of Radio Free Asia have been detained in Xinjiang, with some held in detention camps and others sentenced to prison.

Most overseas Chinese, no matter what kinds of citizenship, have at least one family member living in mainland China. We have to censor ourselves for fear of the personal safety of our Chinese family members. There have been many lessons the world should learn from Beijing’s “hostage diplomacy” and economic coercion.
Even after the Tiananmen massacre in 1989, most politicians and scholars still assumed that China would grow more free and open and become a democracy – as long as the world encouraged and allowed China to engage in the international legal system and the World Trade Organisation.

However, “economic liberty leads to political freedom” has proven part of the “China fantasy,” as journalist James Mann argued 13 years ago. Political naivety and business opportunism at the expense of human rights heavily contributed to the rise of an anti-democratic China.

Two Chinas

For the past three decades, China has made amazing achievements in economic and social development but the CCP has explicitly and firmly refused the ideas and reforms of liberal democracy.

The human rights situation has been deteriorating. What’s happening in Xinjiang – the ongoing Uyghur genocide – is arguably the worst humanitarian disaster of our time. It’s hard not to recognise the failure of the engagement policy towards China, but in my opinion, unprincipled engagement with an autocratic regime is nearly appeasement.

Huawei is not a private company, though it was legally registered as such. The trials of two Michaels are not about law, but merely producing bargaining chips. The overseas outlets operated by the CCP are not media, but a propaganda machine. The Belt and Road Initiative is less an economic project, than a political stratagem. Beijing is eager to host Olympics not because of the love of sports, but the needs of a propaganda bonanza. Beijing has ratified dozens of international human rights treaties, not for abiding by them, but for manipulating them. At the UN or any international fora, the Chinese government represents the interest of, not the Chinese people, but a small privileged group of the Party.
These are simple facts, but the world has been misguided and confused for too long. Some have realised China’s threat to global freedom and democracy, but far from enough.

Once the world sees the CCP more clearly, feasible and powerful actions can be found easily: reducing economic reliance on China, boycotting Beijing Olympics, banning products of forced labour, supporting prisoners of conscience and rights activists, stop selling surveillance technologies to Beijing, not voting China into the Human Rights Council, passing Magnitsky-style laws, not repatriating Uyghurs and Turkic people to China, not providing a safe haven to corrupt officials and human rights abuses, and so on and so on.

If Canada surrenders to Beijing’s bullying, the Chinese authorities will get a message that hostage-taking is working and they will resort to more kidnappings and blackmails. Canada needs more support.

Anyone single free country seems not able to confront the profound challenge that the rising regime has brought to the world, so it’s immensely important and urgent to build up more proactive and value-based democratic allies.

Teng Biao is Pozen Visiting Professor at the University of Chicago and a human rights lawyer.