Trump asked the World Bank to stop lending money to China

The US president said that the World Bank (WB) should not lend to China because it has a lot of money.


“Why does the World Bank lend money to China? Is this possible? China has a lot of money and if it doesn’t, they will make one. Stop it!”, US President Donald Trump tweeted on December 6.

Trump’s statement came a day after the World Bank approved a plan to support China with $1-1.5 billion in annual low-interest loans through June 2020.

In the House Finance Committee, the US Treasury Secretary Steven Mnuchin said to MPs that the United States had objected to the World Bank’s new five-year framework of lending money to China as well as developing projects in the country. According to Mnuchin, lending to China needs to be limited because income in the country is growing.

The World Bank’s lending to China has decreased from US $ 2.4 billion in 2017 to US $1.3 billion this year. However, Mnuchin said he wanted to see the loan drop further, to less than $1 billion.

The United States is the largest shareholder of the World Bank, but it has no veto over lending to countries. World Bank activity in China has been under severe scrutiny in recent months after speculating that a $50 million loan in 2015 for an educational project was used to fund correctional institutions in Xinjiang. The World Bank in November said it found no evidence, but shrunk the project.

The statement of the President and the US Treasury Department came as Washington and Beijing were trying to reach a one-day trade deal in the next 10 days. Trump threatened to impose an additional tax on US $156 billion of Chinese imports on December 15 if the two sides failed to reach an agreement, a step that would strain and lead the US to tax all imports from China.

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China asks to close the casino in Southeast Asia

Southeast Asian countries abandon online casinos under pressure from China.


According to the Xinhua News Agency, Cambodia will not issue new licenses for online casinos and existing licenses will not be renewed further upon expiry. The Philippines also promised not to open a new online casino after a fierce statement from the Chinese Embassy in Manila.

It turns out that Southeast Asian online casinos are in great demand by the Chinese. Legally, casinos can only be played on Chinese territory in Macau. Therefore, for many gambling enthusiasts from China, online casinos are the only chance to try their luck. Absolutely no need for any additional technical means. Through personal computers, players can start online gambling sessions and the bet will be automatically debited from their e-wallet or virtual money will come in case of a win.

Economic reform has ensured stable and rapid growth for the Chinese economy, of course, contributing to improving the living standards of the people. But on the other hand, this growth has created the basis for the phenomenon of “casino culture”, based on the fact that everyone can make money quickly through speculative activities. More and more Chinese people see the rich every day in the media and in real life, their extravagant lives, so they want to get rich quick and easy, rather than the result of a long and hard working process. The problem is that only these ordinary citizens fall victim to “financial pyramids” and fraud scams, because they believe that anyone can win without having enough information.

In fact, Chinese Public Security Minister Zhao Kezhi recently talked about the issue, as Xinhua cited. According to him, it is necessary to solve the problem of cross-border gambling in online casinos as soon as possible. As the Chinese Embassy in Manila noted in its statement, a sharp increase in demand for online gambling among Chinese people led to an increase in crime and social unrest in China.

Another problem is the use of cryptocurrencies, including electronic wallets in online casinos that allow players to hide their identities. And this, in turn, provides opportunities for illegal money laundering and withdrawing activities to take out the country. The most notorious case was the $81 million “evaporation” theft in Bangladesh’s foreign exchange reserves, pulled out via an online casino in the Philippines. As stated by the Chinese Embassy in Manila: China is also concerned that hundreds of millions of yuan are withdrawn annually from the country in online casinos. Moreover, this capital flow out of China is illegal. Firstly, because it is ignoring currency control rules. And second, by law, Chinese citizens living on Chinese territory can only gamble in Macau.

But the question is: why are Southeast Asian countries willing to accept Chinese opinions? It seems that online casinos are a good engine for economic growth. In the Philippines alone, there are more than 50 such companies and their income is nearly 200 million dollars. However, the spread of gambling actually harms the real economy and threatens the social well-being of Southeast Asian citizens, Yang Baoyun, a professor at the Institute of International Relations at Peking University, told Sputnik.

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The British lined up to apply for Danish citizenship before Brexit

Of the more than 18,000 Britons living in Denmark, the number of people transferring citizenship to this Nordic country is increasing significantly – Sputnik reported.


The number of British citizens applying for Danish citizenship has been seeing a surge in the past two years, following the Brexit referendum in 2016.

Since 2017, the number of Britons who transferred their citizenship to Denmark under its nationality law has increased from 134 to 489, according to the Danish Ministry of Immigration Statistics.

“There has been a significant upward trend among British citizens applying for Danish citizenship. I believe the reason for this is Brexit”, said Minister of Immigration and Integration Mattias Tesfaye.

While affirming his pleasure in welcoming those who want to become Danish citizens, Mr. Tesfaye also emphasized that the country has laws ready for the possibility of an uncompleted Brexit. out.

“Through this, approximately 18,500 British citizens living in Denmark will be able to continue their lives here, regardless of whether they apply for Danish citizenship or not”, he said.

After British Parliament failed to approve Prime Minister Boris Johnson’s Brexit agreement, the European Union agreed to extend Britain’s withdrawal from the October 31 deadline to January 31, 2020.

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Brexit Party leader Nigel Farage said he would not run for the general election in December, but instead would promote a nationwide campaign against the agreement of Prime Minister Boris Johnson, bringing Britain out of the European Union (EU), also known as Brexit.

Brexit party leader declares that Prime Minister Johnson must either abandon the Brexit deal reached with the EU and agree to join a leaving coalition in early elections in December, or face an election. Very fierce competition in parliament. According to him, a coalition could signal the possibility that the pro-Brexit parties will prevail in the early election. He emphasized that the only way to implement Brexit was to form an “Exit” coalition and ensure that it won overwhelmingly in the upcoming election.

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Premier League changes the schedule for the 2022 World Cup

The Premier League has launched a plan to change the schedule of the 2021/20 season to match the 2022 World Cup finals held in Qatar.


The World Cup is the largest soccer tournament on the planet held every four years. World Cups in history all take place in the summer, after the end of the world leagues. However, the 2022 World Cup in Qatar will first take place in the winter due to the Arab nation’s summer climate, which is scheduled to open on November 21 and close on December 18.

This certainly caused the leagues in the world, including the Premier League, to be interrupted and affected quite a lot in arranging the schedule. Therefore, the organizers of the highest league in the country have started planning to prepare for the 2021/22 season schedule to match the schedule of the 2022 World Cup.

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Officials drafted proposals including matches in the Premier League and the Championship (English Premier League) until November 12, that means just 9 days before the 2022 World Cup in Qatar opened on November 21.

Another suggestion is that Boxing Day matches will return eight days after the 2022 World Cup final (December 18) to minimize disruptions. That means the Winter break that first appeared this season will be canceled in the 2021/22 season and will return in the following season. To allow the extra time needed, the top two leagues in England will start 1 week early and end 1 week later.

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In the event that this proposal is adopted, it may affect clubs in the Premier League. The national teams in the 2022 World Cup will want their players to return to the front of the tournament before the Premier League can take place without international stars.

Clubs have been aware of these proposals and are said to have received positive feedback. Plans will be discussed at the shareholder meeting next month. Meanwhile, the European Football Association (UEFA) said the Champions League and Europa League schedule for the 2021/22 season will not be released until 2021.

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How does Beijing escape from the world’s most polluted air group?

In 1998, Beijing declared war on air pollution. 20 years later, Beijing won the battle, escaping the most polluted group in the world.


Based on the national action plan, the Beijing city government, which is heavily influenced by pollution, sets out a detailed action plan.

According to the BBC, Beijing focuses on six main directions, including pollution control by motor vehicles, pollution control by fossil fuels such as coal, control of polluting industries, pollution control. smoke, recover polluted ecosystems, and apply new technologies to environmental protection.

For controlling emissions from vehicles, Beijing limits the number of vehicles to only 6 million in 2017. The city supports and establishes green transportation systems and prioritizes system development. public transport system, encouraging people to use public transport.

In order to control the number of vehicles through lottery numbers, the state raises emissions standards for vehicles, requires inspection and maintenance of vehicles that can cause frequent pollution, improving fuel quality, eliminate hundreds of thousands of old vehicles, increase driving costs, put into operation vehicles using clean energy, manage vehicles from other cities to the city.

In order to control coal burning pollution, the government encouraged the development of a project to use gas and clean fuels to replace coal, Beijing has closed coal thermal power plants and banned people in the areas. The surrounding area uses coal to heat, speeding up the elimination of highly polluted and backward industries.

To prevent dust, Beijing implemented to control the dust emitted at construction sites, sealing vehicles generating dust, increasing road sweeping or vacuuming.

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According to Chinadialogue, the above action plan has helped China in general and Beijing in particular to significantly improve air quality, the city of Beijing has reached its goal, the average PM2.5 is 58 microgram / m3 – 35% reduction.

With concrete measures and drastic government actions, air pollution has improved significantly, the blue sky has reappeared in Beijing and elsewhere.

In August 2019, the average PM 2.5 fine dust density in Beijing for the first time fell to a record low of 23 micrograms / m3 of air since China conducted its measurement to date.

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China wants to join the Arms Trade Treaty

China’s Foreign Ministry released a statement saying it had launched domestic legal procedures to join the Arms Trade Treaty.


The United Nations’ International Arms Trade Treaty (ATT), which came into effect on December 24, is considered to open a new chapter in efforts to control the global arms trade market.

“The signing of the Arms Trade Treaty (ATT) continues to be evidence of Beijing’s commitment to the protection of multilateralism”, Chinese Foreign Minister Wang Yi told the UN General Assembly in New York September 27. The Chinese Foreign Ministry later said it was trying to join the treaty as soon as possible.

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ATT was launched to adjust the flow of weapons into conflict areas. It requires Member States to maintain records of international arms transfers and prohibits cross-border shipments that can be used in human rights violations or civilian attacks.

130 countries have signed the treaty but only 104 have ratified and acceded, including powers such as France, Germany and Britain; There are no major arms sellers in the world, such as the United States, China and Russia. The Obama administration signed the treaty, but it was opposed by the National Rifle Association of America and other conservative groups and was not approved by the US Senate.

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President Trump said in April that he intended to withdraw the United States from the treaty. The White House assesses the ATT binding responsible countries while tolerating irresponsible arms dealers.

Foreign Minister Wang Yi said on Sept. 27 that any unilateral move to leave the treaty “would have a negative impact on many regions”, but did not directly mention the US.

Although China is one of the five largest arms suppliers in the world, its sales are dominated by the US, accounting for only 5.2% of the arms traded globally in 2014 – 2018, compared to 36% of the US. Chinese customers mainly come from Asia and Oceania.

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Influential sports in China and the world

When talking about China, people often think of famous martial arts, but now, the sports in this country are diverse, including those imported from abroad many centuries ago.


Now, some of China’s sports have flourished and achieved worldwide.

Volleyball

This is a sport the whole world must admire China. The volleyball team won the Olympic Gold Medals three times in 1984, 2004 and 2016. Volleyball flourished in China in the 1980s.

Table tennis

China has almost no competitors in the world in this sport. China’s men’s table tennis has won more than 60% of the world’s titles since 1959, and since 2005, no country has surpassed China in this sport.

Table tennis also played a major diplomatic role in China in 1972. It was a negotiation between the US-China delegation, which diplomats still call ping-pong diplomacy.

Meanwhile, China’s women’s table tennis team has a much worse record with 70% of the world’s title. For 20 years, the world finals of table tennis have been against China – China.

Shooting

Shooting officially developed in China since 1984, after athlete Xu Haifeng won the first Olympic Gold Medal for China in this sport, in Los Angeles, USA.

110m hurdles

China’s pride in the 110-meter hurdles sport appeared in 2004, when athlete Liu Xiang won the Olympic Gold Medal. Next, Liu Xiang himself broke the world record set by himself in 2006 with 12.88 seconds. Liu Xiang became an idol in this sport. Liu Xiang’s record was broken in 2008.

Basketball

Imported from the West, basketball flourished and became a popular sport in China, when giant basketball player Yao Ming appeared. Yao Ming is not only famous in China but also made many achievements in the American NBA professional basketball tournament.

Yao Ming is also China’s tallest basketball star in the 21st century with a height of 2.29 m. In 2006, Yao Ming was dubbed the influential athlete of all time. At present, basketball thrives in China, is considered a physical subject and every school has a basketball court.

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What do Chinese businesses benefit if the US company leaves?

Withdrawal of operations at Trump’s request, US businesses consider giving large-scale global growth opportunities to Chinese companies.


Last weekend, on his personal page, Mr. Trump asked American businesses to immediately look for alternatives to China and demand to bring the company home, made in the United States.

More importantly, the expert said that: “Such a move would create an unprecedented rift in trade and economic relations between the world’s two largest economies”. This uncertainty is detrimental to businesses of both countries. Mr. Jake Parke warned that leaving China is missing a large-scale global growth opportunity.

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“The only way to solve the challenges that US companies face when operating in China is that the two sides continue to negotiate, reach an agreement to abolish tariffs, put a relationship on a stable trajectory, predictable and constructive”, he said.

According to analysts, another consequence of trade tension may be that Chinese companies will gain greater market share. Data are showing that they are switching to buying agricultural products from other countries, especially Latin America. While investors are concerned about the effects of escalating trade tension with US corporations, Chinese businesses are beginning to look for many other business opportunities.

“In the short term, rising US tariffs will have a negative impact on the profits of Chinese businesses. In the long term, if trade tension continues to affect the structure of the global industrial chain. This forces local firms to change their production and transformation practices, upgrade operations”, said Wang Zhe, an economist at Caixin Insight.

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Mr. Trump focused on tariffs as the main tool in trade disputes, but it did not produce a clear effect on making China change attitudes. Meanwhile, the analysis from Chris Rogers, a researcher at Panjiva, of the S&P Global Market Intelligence, said that prices of some goods such as chemicals and Chinese furniture imported into the US are declining.

Mr. Wei Jianguo – former Vice Minister of China Ministry of Commerce, who is currently the vice president and deputy director of the Center for International Economic Exchange in Beijing, said that the country’s companies are suffering from tax costs but not much. Most of them are waiting for a solution from the negotiating results.

The same goes for American businesses, Mr. Parker said, some are shifting to other suppliers while others maintain supply chains and try to cut profits or shift costs to consumers as much as possible.

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The two largest economies in the world have plunged into the escalating trade conflict over the past year. The dispute initially focused on a large US trade deficit with China. Subsequently, disagreements extended to many other issues, including China’s broad market access opportunities, which the US considered unfair or as technology transfer.

The latest retaliation tax marks a reversal with what US President Donald Trump and Chinese President Xi Jinping agreed in late June, that the two countries will not levy more taxes on each other’s goods.

“Chinese leaders may not make a definitive decision to rule out a trade deal with Trump until after the US election. However, they are increasingly skeptical about the possibility of Trump. can be a negotiating partner and not willing to make significant concessions to appease him”, commented Michael Hirson – Eurasia Group expert.

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Opening a military base in Southeast Asia, Britain can tighten China

Democracy The UK plans to open a new military base in Southeast Asia is expected to broadcast hard signals to China and could put a strain on the cool-cold relationship between London and Beijing.


The plan to build a new military base in Southeast Asia was revealed by Defense Secretary Gavin Williamson in an interview with The Sunday Telegraph last week. Two locations that could be chosen by the UK to locate military bases are Singapore and Brunei.

Secretary Williamson said Britain will open two new military bases in the next few years, including a base in the Caribbean. The head of the British Ministry of Defense said the plan would help Britain regain the status of a true global factor after Britain’s departure from the European Union (EU).

“This is our most important moment as a nation since the end of the Second World War. This is the time when we can reshape ourselves in a completely different way. We can really play a role in the international arena as the world still expects us”, Williamson stressed.

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The opening of the new military base also marked a shift in British policy since it withdrew its military bases in Southeast Asia and the Persian Gulf in the 1960s.

Ni Lexiong, a naval expert at Shanghai University of Political Science and Law, said that the plan to open a military base continues to be further evidence that Britain and its key US allies are increasingly attached. more closely with President Donald Trump’s tough approach to China.

“This is a complementary step to the US-Pacific strategy of the US and Washington will be satisfied with this,” Ni said, referring to President Trump’s strategy to promote security commitments security and the US economy with the region.

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China has long viewed American increasing military moves in the South China Sea as a threat to regional stability and expressed concern over the India-Pacific strategy. Beijing sees it as part of Washington’s wider effort to curb China’s ambition to become a global superpower.

Xu Liping, a professor at the Institute of Asian and Pacific Studies at the Chinese Academy of Social Sciences, believes the United States is behind a plan to open a British military base in Southeast Asia in the context of growing Washington mind to maintain global leadership due to President Trump’s policy America is first.

“You especially increase your activity in the South China Sea at the time when the United States is concerned about direct confrontation with China in the region. This is clearly a move to show power to China and to show the increasingly stricter involvement of outside powers in the South China Sea dispute”, Xu said.

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Arsenal: Better attack with Ceballos and Pepe?

Dani Ceballos made his Arsenal debut, while Nicolas Pepe will arrive at Emirates Stadium after completing a medical examination. How improved is Arsenal’s power when this duo is present?


It is easy to recognize two of the drawbacks of the Emirates Stadium last season: the ability to exit pressing from the middle line to maintain the seamlessness in the gameplay, as well as the ball-making moves from the wing corridors.

Lack of people who do the above tasks well, it is easy to understand why Arsenal cannot deploy the football right away from the opponent’s field. Many times the Gunners’ defensive players have to choose a safe solution to pass to goalkeeper Bernd Leno, instead of boldly putting the ball into the opponent’s field early to defeat the organized defenses.

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Coach Unai Emery, Sports Director Raul Sanllehi and Edu Technical Director quickly recognized these problems and sought to complement by quality recruits. For central midfield position, Arsenal successfully borrowed Ceballos from Real Madrid. He moved to Emirates Stadium after giving his strength to help the Spanish Under-21 team to win the European U21 Championship. Ceballos has many similarities with Santi Cazorla, a countryman and has played for many years for Arsenal. The strength of this 22-year-old midfielder is the ability to handle the ball well, possesses great ball passes, as well as thinking ready to put the ball forward to break the opponent’s defense, instead of just pure selection. Choose a safe solution to push the ball to the nearest teammate.

This is the complete opposite of Granit Xhaka. The Swiss midfielder was slow, heavy, using his left foot with an excessive frequency, as well as a weak ability to play, making his play easy to capture. Both Cazorla and Ceballos have one thing in common: it doesn’t take too much time to handle the ball. On the contrary, Xhaka often slowed down the pace of the game because it needed time to handle the ball, making the opponent have enough time to approach or read his ball pass.

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Find mutations from wings with Pepe

Of course, Arsenal not only needs a Ceballos to perfect the middle. They need more attack options, especially at the border. Pepe was targeted by Emirates Stadium after they failed to recruit Wilfried Zaha from Crystal Palace. The Ivory Coast player just went well (averaging 2.7 times per game in the previous season), had a rather high goal contribution, when he was one of the two players in the top five leagues. Europe contributes more than 20 goals and 10 assists. Speed ​​and ability to break through enemy crafts is another strength of Pepe. His ball passes have clear intentions, plus a good technical background.

Before recruiting Pepe, Arsenal had a lot of difficulties in situations where the ball was deployed on both sides because wingers like Alex Iwobi were disappointed, while other options such as Henrikh Mkhitaryan and Mesut Oezil were good. Aaron Ramsey is just a temporary solution. Occasionally Pierre Emerick-Aubameyang also flocked to the wings, but this inadvertently limits the instinct to hunt the table of a Gabon striker.

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In the previous seasons, Arsenal frequently owned mutant winger like Theo Walcott or Alex Oxlade-Chamberlain, at a time when they had not been injured so badly that they had a negative impact on his career. Specialties gradually disappeared in the last years of Arsene Wenger dynasty. Emery realized that, but had to wait until this summer’s transfer window, Arsenal added a quality signature to raise the attack from the wings. Two rookies Ceballos and Pepe will definitely bring another image to Arsenal this season, instead of a previous season’s lack of vitality and lack of vitality.

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