中国Power !!!

[ChinaSux]

Chinese police arrest suspect four days after knife-attack killing of city official

PUBLISHED : Friday, 11 March, 2016, 12:15pm
UPDATED : Friday, 11 March, 2016, 2:12pm

Kathy Gao
[email protected]

A CCTV photograph taken in the city of Chifeng, in Inner Mongolia, reportedly showing Li Xiaopeng, who is a suspect in the case. Photo: Inner Mongolia Morning News

Police have arrested a man on suspicion of killing a Chinese city official in the northeast of the country, a mainland newspaper reports.

Sun Qingan, vice-chairman of the Liaoyuan city municipal committee of the Chinese People’s Political Consultative Conference, died on Sunday afternoon after being attacked by a man with a knife as he and his wife took a lift at his apartment block in Liaoyuan, in Jilin province, the Inner Mongolia Morning News reported on Friday.

It was unclear if Sun’s wife was injured, but the attacker escaped.

Jilin police later identified Li Xiaopeng, 38, also from Liaoyuan, as a suspect in the case.

Police from Chifeng city in Inner Mongolia – which is located close to Jilin province – were alerted after Li was spotted taking a taxi in the city, the report said.

On Thursday Chifeng police went to a rented property in the city and arrested Li. He has now been handed over to police in Jilin.

The newspaper said Li, who had worked as a driver for the local government, had lived in a house in Liaoyuan that had been demolished to make way for the development of an economic zone. It added that it was still unclear why Sun had been killed.

However, the Chinese news magazine Caijing reported that Sun had been the official in charge of Liaoyuan city’s economic development zone.

It also said residents living in homes knocked down to make way for the development of the economic zone had made complaints to the local government about the demolition.

The Caijing report did not say whether Sun was directly involved in the demolition of the properties.

 

[ChinaSux]

Landlord in China blocks entrance to old folks' home after tenants reject ‘illegal’ rent rise

Tenants have long-term lease until 2024, but landlord wanted higher rent rise than stipulated in contract. When they balked, he blocked the front gate with truckloads of soil

PUBLISHED : Sunday, 13 March, 2016, 4:22pm
UPDATED : Sunday, 13 March, 2016, 4:35pm

Stephen Chen
[email protected]

Residents of the elderly home stand behind the two truckloads of soil dumped at the gate by the landlord. Photo: 163.com

The landlord of an old folks' home in northern China has blocked the building’s entrance with two truckloads of soil because the tenants could not pay the increased rent, according to an online news site.

The Shuxin Home for the Elderly in Zhengzhou, Henan province had rented the four-storey premises from a villager since 2008 under a long-term lease until 2024, the portal 163.com reported.

This year, however, the landlord wanted to raise the rent higher than the terms stipulated in the contract and the home’s management rejected the request.

The management of the home said ambulances could not enter the home. Photo: 163.com.The landlord responded on Saturday by sending the two trucks loaded with soil that was dumped at the front gate to the home.

The management said the landlord’s behaviour had threatened the safety of the occupants because ambulances could not reach the building.

The local government said they would contact village cadres and the landlord to remove the blockade as soon as possible.

The landlord blocked the entrance to the home after the tenants refused to pay higher rent than stipulated in their lease. PhotoL 163.com

 

[ChinaSux]

China to crackdown on loans for property down payments to help cool overheating market, reduce risk of bad debts

PUBLISHED : Sunday, 13 March, 2016, 3:05am
UPDATED : Sunday, 13 March, 2016, 3:05am

Wendy Wu
[email protected]

People's Bank of China Governor Zhou Xiaochuan announces a crackdown on loans made for down payments for homes. Photo: Simon Song

A crackdown is to be launched on the mainland against offering loans to pay for down payments on property.

The move to stamp out the loans would help cool the property market and reduce financial risks.

The crackdown will form part of government curbs on finance companies operating on the internet, the officials said.

People’s Bank of China Governor Zhou Xiaochuan (周小川) told a press briefing on the sidelines of the National People’s Congress that borrowing money to place down payments on property was not allowed and he questioned the right of internet peer-to-peer lenders to carry out the business .

“Funds used for down payments cannot be borrowed” he said.

Abuse of the system led to banks later offering loans to homebuyers without a clear picture of their clients’ real financial situation, said Zhou.

Vice-governor Pan Gongsheng said the central bank and other government departments would crack down on all abuse which evaded housing credit policies, including offering down payment loans.

“Property agencies and developers are not qualified to conduct financial business. They are illegally doing financial business,” he said. “This business they are engaged in, and jointly with peer-to-peer lenders and down payment credit firms, has not only raised the leverage of residents’ house purchases, worn down the effectiveness of macro policy controls and added to financial risks, but has also increased risk in the property market.”

Zhou said the real estate sector was under great pressure to sell unsold flats.

Prices vary greatly in different areas of the country, but have surged in first and second-tier *cities.

Local governments should play a bigger role in assessing the situation in their areas and come up with policies to guide local markets, he said.

The amount of unsold finished apartments rose by over 15 per cent last year compared with 2014 to more than 700 million square metres, said Zhou.

Pan pointed out that 70 per cent of unsold apartments were in third and fourth-tier cities.

In contrast, first-tier cities have seen a frenzy in house purchases and soaring property prices in recent months.

“Commercial banks should also make their own judgements and get to know clients, including their solvency and financial risks. Meanwhile, they should also consider local changes to make credit policy and assess risks,” said Zhou.

Pan downplayed the risk to property loans, saying the ratio of bad loans in the sector stood at 0.38 per cent.

That is well below an overall ratio of bad loans lent out by all banks of 1.7 per cent, he said. Property lending accounts for 14 per cent of overall bank loans, he added.

The level of down payments for buying first homes in January was above 35 per cent and over 40 per cent for second homes, said Pan.

Minister of Housing and Urban-Rural Development Chen Zhenggao said earlier this month that the government was paying the utmost attention to skyrocketing property prices in the nation’s four top cities.

He said the ministry was in close contact with the governments of Beijing, Shanghai, Guangzhou and Shenzhen which are trying to rein in the overheated real estate market.

 

[ovxnscz]

scums are tiongs of the earth

 

[Kraftwerk]

Zhang recruited 10 men to pretend to be young women on WeChat, Momo, and other social media platforms. They would chat with men, and record their information, and economic status. Zhang would pick the best of the men to go on a “date” with one of the three or four beautiful women Zhang hired. The woman would insist on going to the cafe, where the men would be pressured to spend a small fortune and buy several bottles of thousand yuan wine.

The men who lured the dates in on WeChat received 10 to 15% of the profits as commission. The women who met up with the men would take 20 to 30%.

Zhang and his entire staff were arrested by Hangzhou police. Police found a total of 35 people involved in the scam. The cafe gang had cheated over 60 men while running their scam.

So troublesome when Prostitution is the easy way.

 

[NoLimit]

PUBLISHED : Sunday, 13 March, 2016, 10:31pm
UPDATED : Monday, 14 March, 2016, 12:31am

In China, Soviet-era ‘rank’ system is crippling reform

In a holdover from the central planning model, everything gets ranked for their ‘importance’. Some leading figures say it’s keeping the nation back

Wang Xiangwei
[email protected]

China’s universities, like Peking University seen above, are bureaucratically ranked, with the highest ranking accorded as a deputy government ministerial position. But not all school chiefs back the system. Photo: SCMP Pictures

Chinese officials enjoy being called “the people’s public servants”, but they waste no time pulling rank on the people or peers below them.

This has given rise to a popular saying that translates as “officials one rank higher can crush their subordinates”, illustrating the culture of the Mandarin system in which officials pursue their ranks above all else and only look up to their superiors.

Over the past 30-odd years of reforms and opening up, the mainland has expunged much of the Soviet-style central planning in a tremendous shift towards a market economy. But the complicated and rigid Stalinist bureaucratic rank mechanism has lived on and long become one of the biggest stumbling blocks towards further reforms.

Such a system has not only created lethargic government bureaucracy but also permeated almost all levels of social and cultural institutions. From primary schools to universities, from state-owned companies to hospitals, from sports bodies to cultural dance troupes to even temples where monks are supposed to be free of earthly pursuits, institutions – along with their managers – are assigned ranks equivalent to those in the bureaucracy, according to their size and influence and links with the government.

The official ranks will determine the levels of funding, salaries, medical and retirement benefits, access to housing and cars, and even seating arrangements at meetings and banquets.

As a result, they are run just like government bureaucracies with their managers focusing more on accommodating the directives from their superiors.
In a way, the official ranks have become a glaring sign of bureaucratic inertia and folly

In a way, the official ranks have become a glaring sign of bureaucratic inertia and folly. The mainland’s universities offer an interesting example.

At a time when the county is crying loudly for more innovation to boost productivity and lamenting the fact that its best students are going overseas for higher education, the country’s leading universities are still hobbled by massive bureaucracy. They should instead focus on recruiting the best talent to improve the quality of teaching and bolster their science and research.

Indeed, Chinese universities might join overseas universities to be ranked annually in their academic excellence. But for education officials, the bureaucratic ranks appear to be more important as they denote funding, resources and status.

Lin Jianhua (second right, back row), attends a graduation ceremony in 2014 at Zhejiang University, where he was president before taking over Peking University. He enjoys a rank equivalent to a deputy government minister, but thinks the system hinders the mission of education. Photo: Xinhua

China’s universities are bureaucratically ranked, with the highest ranking accorded as a deputy government ministerial position.

In recent years, authorities have made noises over giving more freedom to institutions like universities and hospitals and sports bodies, with a plan to remove their official ranks.
Even chiefs of the leading universities who enjoy very high government ranks are calling for the ranks to be removed

But there has been little progress. The latest state media reports have suggested that even chiefs of the leading universities who enjoy very high government ranks are calling for the ranks to be removed.

Lin Jianhua, the president of Peking University, one of the country’s best known universities, said last week on the sidelines of the annual sessions of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) that it was best for the ranks to be removed. That way the universities could focus on academic development.

Lin, himself an NPC delegate, enjoys a rank equivalent to a deputy government minister, which probably brings certain perks, including a chauffeured limousine, a free government apartment and access to better medical services, among other benefits.

NPC delegate Shi Yigong, a deputy president of Tsinghua University, another leading institution, also complained last week that professors and faculties spent too much time in meetings instead of on teaching and research. Shi, as a deputy president, is most likely to have a ranking equivalent to the director general of a government department, half a rank below a deputy minister level.

Ge Jianxiong, an outspoken professor at Fudan University in Shanghai and himself a CPPCC delegate, hit the nail on the head by saying the key obstacle is that too much power is concentrated in the education authorities which have tremendous control over funding and other resources. Ge’s rank is unknown.

How their comments will go down their superiors at the education authorities is anyone’s guess.

 

[ChinaSux]

http://www.scmp.com/news/china/policies-politics/article/1939413/china-set-massive-crackdown-illegal-fund-raising-after

 

[ChinaSux]

Police find monkeys in drug addict's house

Xinhua, April 27, 2016

Police in a south China city found 37 wild monkeys during a drug bust, according to local sources on Tuesday.

Police officers in southern Chinese city of Fangchenggang find 37 wild monkeys during a drug bust on Sunday, April 24, 2016. [Photo:legaldaily.com]

At about 3 a.m. Sunday, Dongxing City Police in Guangxi Zhuang Autonomous Region received a phone call from a woman, who told them her husband was with his mistress and taking drugs. When they arrived at the scene, the suspect, identified as Jiang, was armed with a knife. Police took him into custody and seized several grams of ice.

While they were searching the house, they were drawn to an unusual smell coming from a utility room. In the room there were 20 A-class protected slow lorises and 17 B-class protected macaques.

A police officer told Xinhua that the monkeys were listless as a result of being held in captivity for a long period of time, and many had scars on their bodies.

They also found dead monkeys in the trash.

Jiang said he knew nothing about the monkeys.

But police discovered several notebooks with sales records of wild animals, which allegedly show that the monkeys were mostly sold to Anhui in east China and Liaoning in the northeast, for several thousand yuan each.

The investigation continues.

 

[ChinaSux]

[url]http://www.scmp.com/news/china/policies-politics/article/1986667/why-13-unlucky-number-chinas-would-be-communist-party
[/URL]

​

 

[Asterix]

They should restore index futures trading in Shanghai and Shenzhen ASAP .............. it will dawn the mini-S&P in terms of liquidity and volatility = profit opportunities in no time .............. and with Chinese characteristics of course .................

[video=youtube;8RxFCF_JS30]https://www.youtube.com/watch?v=8RxFCF_JS30[/video]

 

[ChinaSux]

http://www.scmp.com/news/china/policies-politics/article/1988598/former-china-telecom-chairman-face-prosecution