Internment camps make Uighurs’ life more colourful, says Xinjiang governor

China on defensive over camps where ex-prisoners have told of arbitrary detention, abuse and indoctrination A senior official in Xinjiang has described mass internment camps for Muslim minorities as training and boarding schools where residents receive vocational, legal, and language training as well as de-extremisation education. Beijing has faced growing…

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VietnamFeelsthe Ripples of the Yuan Rout

Think the latest yuan rout is over? Tell that to Vietnam. The slide in China’s currency paused this week after jawboning by the central bank, which told commercial lenders it has the tools to stabilize the market and urged them to avoid “herd behavior,” Bloomberg News reported Tuesday. But the ripples of…

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Republicans beware — Strong GDP growth isn’t sustainable and that’s bad news for the GOP in November

Video GDP grows 4.1 percent in second quarter FBN’s Stuart Varney says the GDP growth is a ‘big Trump win.’ The announcement Friday that America’s gross domestic product (GDP) grew at an annualized rate of 4.1 percent in the second quarter of this year was immediately seized on by President…

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Trump, Juncker Tout Deal Pulling Back From U.S.-EU Trade War

President Donald Trump and European Commission President Jean-Claude Juncker agreed to suspend new tariffs while negotiating over trade, pulling the U.S. and Europe back from the edge of a transatlantic trade war. The leaders pledged to expand European imports of U.S. liquefied natural gas and soybeans and both vowed to…

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China Begins to Question Whether Its Ready for a Trade War

Xi Jinping vowed to match fell below forecasts last month and economists warnings about a repeat of the market’s collapse in 2015, the last time China saw such open criticism of economic policymakers. “People are going to look back at this year as the pivot point when Xi Jinping overreached…

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Einstein’s Travel Diaries Have Just Been Published – And The Contents Are Upsetting

Albert Einstein famously called racism a “disease of white people”, but it appears it is a disease he himself wasn’t immune to, at least in his early life. Yes, the depressing truth is that the revered scientist responsible for E=mc2 and the theory of general relativity also expressed xenophobic views. The…

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Google is quietly formulating a new strategy for China

Google is slowing piecing together a strategy for China to ensure that it doesn’t miss out on the growth of technology in the world’s largest country. It’s been months in the making through a series of gradual plays, but further evidence of those plans comes today via a product launch. Files Go…

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This Stock’s 9,500% Rally Created a Town of Millionaires

At most big companies, it’s pretty clear who the millionaires are: top executives, rainmakers, science whizzes with PhDs. But at China’s Bloomberg. The previously unreported value of their holdings has ballooned as Sunny Optical’s shares surged more than 9,500 percent since June 2008, trouncing even Netflix Inc.’s 7,500 percent gain.…

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