Day: August 24, 2021

Wealthy Chinese exile Guo Wengui, tied to misinformation campaigns, sued by investors in media company

Chin@Strategy

Fugitive Chinese billionaire Guo Wengui hold a news conference on November 20, 2018 in New York, on the death of of tycoon Wang Jian in France on July 3, 2018. Don Emmert | AFP | Getty Images Wealthy Chinese businessman Guo Wengui, an outspoken critic of China’s government, and several others are accused of breaking state securities laws in a class-action lawsuit filed in Arizona. The civil complaint was filed in late June in the U.S. District Court for the District of Arizona. The plaintiffs claim to have tried to…

U.S. intelligence agencies delivered a report to Biden on the virus’s origins.

Chin@Strategy

The director of national intelligence on Tuesday delivered a report to President Biden on the origins of the coronavirus epidemic, according to U.S. officials, but the nation’s spy agencies have not yet concluded whether the disease was the result of an accidental leak from a lab or if it emerged naturally in a spillover from animals to humans. Mr. Biden had ordered the nation’s intelligence agencies three months ago to draft a report on the origins of the virus amid an intensifying debate over questions about its provenance, and in…

In Southeast Asia, Kamala Harris Rebukes China

Chin@Strategy

SINGAPORE — Vice President Kamala Harris sought to fortify the image of the United States as a credible ally by offering a sharp rebuke of China during an address on Tuesday in Southeast Asia. Her effort comes as the White House faces growing questions about its reliability as an international partner amid continuing violence in Taliban-controlled Afghanistan. “In the South China Sea, we know that Beijing continues to coerce, to intimidate and to make claims to the vast majority of the South China Sea,” Ms. Harris said in Singapore. She…

Luxury’s Gray Market Is Emerging From the Shadows

Chin@Strategy

Imagine you are hunting online for a pair of square-toed slides from Bottega Veneta, one of the most-hyped luxury brands of the moment. A new season pair can cost more than $550 from the brand’s website, an old-guard department store like Neiman Marcus or a newer e-commerce player like Net-a-Porter. But what if you chose to buy from Cettire, a website offering discounts of up to 30 percent on the latest fashion styles? You would be a player in the multibillion-dollar luxury “gray” market, a fast-growing sales sector that has…

Shen Yiqin, Party Historian, to Bring Depth to CCP Politburo

Chin@Strategy

Advertisement Emerging from the Guizhou Connect political faction, a southwestern China clique with many crossovers with the Zhijiang New Army, Shen Yiqin is the most obvious female candidate for promotion to the Politburo in 2022. Shen’s party-building experience and fast-track into provincial-level cadre leadership positions point to her ascending into the Politburo in 2022. Before 2002, there had been no women in the Chinese Communist Party (CCP) Politburo since the 1982 12th Central Committee, where Kang Keqing served on a then 29-member Politburo. Having at least one woman on the…

More Vaccine Mandates

Chin@Strategy

Fully endorsed The F.D.A. granted full approval to the Pfizer-BioNTech coronavirus shots for people 16 and older yesterday, the fastest vaccine approval in the agency’s history. (Although, perhaps, not fast enough.) President Biden seized on the moment. “If you’re a business leader, a nonprofit leader, a state or local leader, who has been waiting for full F.D.A. approval to require vaccinations, I call on you now to do that,” he said. “Require it.” It gives companies more cover to impose vaccine mandates and industry groups more ground to lobby local…