2021 Summit for Democracy, Day Two - President Joe Biden's closing remarks

China recognizes Taiwan as an independent country in essence and it's non sense for Chinese unifying Taiwan

China bans Taiwan websites ending with .tw. I have tried to visit Taiwan websites from China. China bans free exchange of Chinese Yuan with Taiwan dollars. China regards those living or companies in Taiwan as non-residents for tax purposes. China uses different characters from Taiwanese in spite of some Taiwanese words being used for writing checks or bills of exchange. China blocks US PCAOB's access of audit documentation related to US listed companies with operation in China. Taiwan doesn't block US PCAOB's access of audit documentation related to US listed companies with operation in China, Hong Kong and Taiwan. 

Listed companies on Chinese stock exchange doesn't adopt International Financial Reporting Standards (IFRS). Listed companies on Taipei Exchange adopt IFRS (translated from English after alternatives reduction). In the Chinese Accounting Standards for Business Enterprises, said by China in convergent with IFRS, China intentionally didn't define enterprises under common control of state as not related parties and classified land use rights as intangibles rather right of use assets under the cirumstances that there are tremendous land use rights transactions for free or low cost and subsidies between state and state-owned entities and there are tremendous loan, mergers and acquisitions and underwriting transactions among state-owned entities. State owned financial institutions in China never disclosed themselves as related parties to the issuers when they underwrote or sold securities of other state-owned enterprises.

 China violates Constitution of Republic of China effective since 1947.

Taiwan follows Constitution of Taiwan effective since 1947 followed by modification made afterwards.

China recognizes Taiwan as an independent country in essence. 

Chinese military operation against Taiwan is aggression.

Considering that China neglected UN resolution on ceasing aggression in Korea in 1951, it's necessary for the International Community to take preemptive action against China to stop aggression or hold Chinese accountable to aggression in Korea for violating UN Resolution immediately.

9 December 2021 Covid19 is related to military bioweapon program of China; Genocide was Held to Be True by UK Tribunal and condemned by US Congress and Cash Flow to China was Cut off

 

(Picture source: Daily Mail)

Daily Signal: EXCLUSIVE: Chinese Virologist Says Communist Regime Targeted Her for Exposing COVID-19 Origin

BARRON: UYGHUR TRIBUNAL concluded that, despite the absence of large-scale mass killing, the People’s Republic of China has committed genocide on the ground of Article 2d of the UN General Convention

US Congress: Condemning the ongoing genocide and crimes against humanity being committed against Uyghurs and members of other religious and ethnic minority groups by the People's Republic of China.

BBC: China's detention camps: Held in chains for using WhatsApp

Financial Times: US to blacklist Chinese AI company SenseTime over Xinjiang ahead of IPO

Financial Times: Bitcoin mining nears record pace as industry shrugs off China clampdown

Financial Times: ‘Essentially dead’: China closes off foreign investors’ route into tech deals 

Le Canard républicain: Japan Health Ministry issues warning of potential heart problems from the Moderna and Pfizer vaccines.

Washington Times: Pentagon gets new reporting tasks for China. China linked to Facebook disinformation, Biden official acknowledges Taiwan

Suggestions to China government

Jinping Xi, the illegal president of China who violated the Constitution of the Republic of China (ROC,中华民国), shall step down immediately. 

China has only one legally valid constitution, the constitution of the Republic of China. All government agencies and related entities in mainland China should abide by the constitution of the Republic of China, refuse to implement the orders of the Communist Party of China（Chinese Communist Party,中国共产党） and the illegal president, and abolish the illegitimate and invalid Constitution of the People’s Republic of China (PRC，中华人民共和国).

Jinping Xi can openly admit that he violated the Constitution of the ROC. The Constitution of the ROC is the only legally valid constitution. General elections shall be held in accordance with the Constitution of the ROC.

8 December 2021 US Congress punishes China's Human Rights Abuses

 

(Picture source: WBUR)

Washington Times: Chinese diplomats have Twitter links to porn sites banned at home

Wall Street Jounal: China Increasingly Obscures True State of Its Economy to Outsiders

NIKKEI: China-Pakistan Belt and Road Initiative hits buffers

Disagreements, terrorism and COVID-19 stymie CPEC projects

The Hill: @SenTomCotton: "20 years after China entered the WTO, it's clear that China has betrayed our trust and is waging an economic war against us. We didn't seek out this conflict, but now that it's started, we have no choice but to finish it."

US Congress: Expressing the sense of the House of Representatives that the International Olympic Committee failed to adhere to its own human rights commitments

US Congress: H.R.1155Uyghur Forced Labor Prevention Act

Lude Media(GMT Morning): The three major themes of the Democracy Summit are "Fight against totalitarianism, combat corruption, and promote human rights protection." What do all the themes mean for the CCP? Australia announced that it will join the diplomatic boycott of the Beijing Winter Olympics.

Lude Media(GMT Afternoon): In response to Lude’s comment, the CCP’s press comment should not think that Xi Jinping can be hit with "face"; what signal is hidden in Biden Putin's 2-hour closed-door video conference? What is the code name of the Bayi hard drive owner in the United States? 

Amazon: All Chinese Communist Enterprises made Material Misstatements

China Increasingly Obscures True State of Its Economy to Outsiders

Is Chunhua Hu eligible to be a state leader? 胡春华有资格成为中共国家领导人吗？

 Before concluding whether Chunhua Hu(胡春华) is ineligible to be a state leader,it's recommended to let Chunhua Hu answer questions about some details during his tenure as Chair of Guangdong People's Congress.

（Picture source：voachinese）

1. What was the process of Chunhua Hu being elected as a People's Representatitve for chairing Guangdong People's Congress? When were blank votes issued? Any verification of ID of voter before casting a vote? How was the monitoring of voting? Any video recording of voting?

2. Is Chunzhou Hu(胡春舟) a related party to Chunhua Hu? Did Chunhua Hu avoid conflict of interest on recruiting Chunzhou Hu as a worker who received money from the office of Guangdong People's Congress (GPC)?

3.Why did GPC fail to transfer the East Building of GPC  valued at least CNY133 million from construction in progress to fixed assets in time after completing construction work of the East Building?

4. Why did GPC fail to obtain invoice before paying CNY201 thousand to experts in July 2017? Why did GPC accept illegal invoices before paying money?

5. Why didn't GPC pay contract consideration pursuant to requirement of the contracts?

6. Why did Chunhua Hu suppress the people in Wukan in Guangdong defending democracy in the village?

7. Doesn't the construction management of Shenzhen-Maoming High-speed Rail Project really have issues of forced demolition, environment destroying, bidding distortion and substandard project work or substandard project materials?  Did Chunhua Hu still think that issues of  Shenzhen-Maoming High-speed Rail Project could be covered up?

In order to cover up the corruption of the project and avoid being detected by the National Auditors' Office of the Xi Central Committee, he firstly found intermediaries for audit and then tried to cover it up. The audit fee for the intermediary is said to be the same included in the expenditure for the project cost. He did not intend to improve the internal control over project, but made a fuss from the surface of the documents and specifically asked the intermediary to list the numbers of problem contract, accounting entries, and work accept order.

8. Shouldn't Hunhua Hu be irresponsible to the widespread financial fraud in Guang Dong's state-owned entities?  A state-owned enterprise affiliated to Guangdong Province government paid tens of thousands of yuan in advance to a certain supplier, and the supplier shipped the goods to a customer of the state-owned enterprise that has an associated relationship with the supplier. The advance payment is not transferred to profit or loss and no account receivable is recognized. 

The managers of a subsidiary of a state-owned enterprise of Guangdong government lived in a rented house provided by the company on Zhongshan 1st Road and Miaoqianzhi Street. The management did not disclose the related party transaction in the financial statements. It is also possible that the related party transaction has not been declared in the company's annual related business transaction report made to tax authority.

The 2015 and 2016 financial statements of Guangdong Guangsheng Asset Management Co., Ltd., a state-owned enterprise by Guangdong Province government, concealed key management personnel remuneration related transactions, and concealed the bond issuance the event after reporting period in 2015. In 2016, it concealed the post-term event of the chairman's change and deceived the users of financial statements.

7 December 2021 Both Chinese vaccines and Chinese sanctions against Lithuania are ineffective

                                             (Picture source: Taiwan News)

Financial Times: A pact between Montevideo and Beijing would have broader consequences for Latin America

Financial Times: Evergrande bondholders yet to be paid as crucial debt deadline passes

Financial Times: Despite dispensing 2.5bn doses, recent outbreaks raise uncertainty over Sinovac and Sinopharm jabs of China

Hong Kong Free Press: Hong Kong leader backs Beijing critique of western democracy, claims ‘patriots only’ election has diversity

Hong Kong Free Press:Constitution Day: ‘Communist Party must be respected,’ says Beijing’s top man in Hong Kong

Hong Kong Free Press:Hong Kong threatens Wall St Journal over ‘incitement’ following editorial on upcoming poll

BBC: Beijing has lifted a four day block on Lithuanian exports crossing into China

Chinamoney: Cash flow from operations of Asian Infrastructure Investment Bank(亚洲基础设施投资银行), net outflow US$5 billion, is insufficient to pay debt interest in the year to 30 September 2021. Interest is paid with borrowing.

 

 

 

4/12/2021 闫博士全美巡讲第7站印第安纳波利斯震撼演讲，中文字幕！

CRRC unable to satisfy debt interest payment with net negative operating cash flow made material misstatements in 2020 financial statements

 On 6 Dec 2021 CRRC Corporation Limited(中国中车股份有限公司, CRRC), an enterprise controlled by the State Council of the People's Republic of China (CCP regime) under the CCP's leadership, published its 2021 3Q financial statements according to which operating cashflow both in 2021 and 2020, net negative, was unable to be used to pay debt interest and dividend. CCP regime and its associates are related parties to CRRC.  

The interest was incurred on the loans mainly from state-owned banks. As of 31 December 2020, among other things, it obtained credit facility respectively from China Development Bank, Bank of China, China Exim Bank and China Construction Bank for 25 billion, 18.25 billion, 13.4 billion and 13 billion, all of which share the same control of CCP regime as CRRC.

But CRRC failed to disclose the credit facility transactions as with related parties and corresponding pricing policies.

In 2020, CRRC had acquired land use rights accounted for as intangible assets and failed to account for land use rights as right of use assets. In China, state-owned entities often acquired land use rights at low price from CCP regime. But CRRC failed to disclose land use acquisition transaction as related party transactions and corresponding pricing policies. According to land use tax regulation of China, CRRC used at least 8.8 million square meters land.

China State Railway Group Co., Ltd, a state-owned enterprise, is the major customer of CRRC but failed to be disclosed as a related party and corresponding information of related party transactions failed to be disclosed.

6 December 2021 News China relied on borrowing to finance military expansionism

 

Sky：Taiwan’s Foreign Minister warns China’s military expansionism could lead to World War III

Rumble: Lawrence Sellin speaks about the "smoking gun" evidence of the laboratory origin of #COVID19, the toxic elements that may have been designed into #Covid_19 as a bioweapon and how they have been replicated in the #CovidVaccine

America Outloud: Strengthening the Biological Weapons Convention

Hudson: A New Era in America’s Fight Against Corruption? - by Casey Michel 

Zerohedge: US Officially Announces Diplomatic Boycott Of Beijing Winter Olympics

OANN：China threatens countermeasures if U.S. boycotts Beijing Olympics

The Wire China: Angela Huyue Zhang on How China Regulates

Fox: China may be eyeing its first military base on the Atlantic Ocean

Financial Times：China is faltering, but the world is not feeling the effects

Financial Times: Alibaba finance chief to step down in company restructuring

Financial Times:Honduras becomes new front in US-China struggle over Taiwan

Chinamoney: CRRC Corporation Limited‘s (CRRC is an entity owned by the State Council of the People's Republic of China ) net operating cash flow was outflow more than 1 billion insufficient to satisfy payment of interest and dividend 6 billion for the nine months to 30 Sep 2021. CRRC relied on borrowing to return old debts, pay interest and dividend, maintain operation and make new investments.

香港民主人士罗冠聪受美国总统拜登邀请，即将在12月10日的民主峰会上演讲

 

美国邀请了香港民主人士和台湾参加民主峰会，美国财政部本周将宣布制裁侵犯人权、民主的外国腐败分子、镇压官员。罗冠聪将在民主峰会声讨中华人民共和国政府在香港侵犯民主的恶劣行径，戳穿中华人民共和国民主白皮书上的谎言

5 December 2021 News

(Picture source: Alice Chan)

The Sun: 'China poisoned me with fried eggs after I tried to expose truth about Covid'

Financial Times: US defence chief warns of China ‘rehearsals’ for attack on Taiwan

National Pulse:‘Explode It’: ISIS Using China’s TikTok To Plot Terror Attacks In The West.

WSJ: Evidence grows that infections provide as much protection as vaccines, prompting some experts to suggest a nuanced approach to vaccine mandates 

Bloomberg: China Developer Sunshine 100 Defaults on $170 Million of Bonds

Reuters: China is 'knocking' on our door, Uganda president says

OANN: COVID-19 curbs China’s power in Indo-Pacific, risks of war ‘significant’ – report

Esnai: Central Bank,  Bank Insurance Supervision Commission and Securities Regulation Commission of Communist China responded to default of Evergrande's debt uniformly and said it was just an independence case.

RFI: The Lithuanian Jewish community strongly condemns China's attempt to manipulate the topic of the Holocaust

The Hill: Lawmakers from both sides of the political aisle mourned the loss of former Republican Sen. Bob Dole who died early Sunday at the age of 98.

Lude Media membership program releases key evidence on Chinese Communist regime's coverup of covid19 pandemic outbreak

 

Lude Media membership program releases key evidence on Chinese Communist regime's coverup of covid19 pandemic outbreak on 30 November 2021. In December 2019, the Wuhan CDC recommended emergency isolation measures. On 26 December 2019, the Wuhan CDC suggested that the WHO should be notified as soon as possible, but it was banned by the CCP. Why did the CCP try to conceal the real information about the covid19 in the first place? Pandemic won't cease without taking down Chinese Communist regime.

This picture below shows part of the dialogue between Wuhan CDC and Hangzhou Matridx Biotechnology Co.,Ltd. shown on the Lude Media program. Hangzhou Matridx Biotechnology Co Ltd is an enterprise which focuses on the molecular diagnosis of infectious diseases, with the headquarter  in Hangzhou, Zhejiang.It utilizes gene editing (CRISPR/Cas) and high-throughput sequencing (NGS) as the technology platforms and has already built Multi-level, high-quality product lines and service system in the area of diagnosis of infectious diseases. Its address: 4 th Floor Building 2-4, NO.2073, JinChang Road, LiangZhu Street, Hangzhou, Zhejiang, China, TEL: 0571-88980656, Email: alex@matridx.com. 

Twitter user lynnli@lynnli77091240 said that after the Wuhan Health Commission did issue red-head documents on 31 December 2019 stating that there was an atypical virus for unknown reasons, he or she saw this file plus some gossip from overseas forums before, and quickly placed an order to buy two boxes of N95 mask for family.