Beijing pharmacy fined $ 434,530 for the price of the masks

BEIJING: A pharmacy in Beijing will receive a fine of 3 million yuan ($ 434,530) for raising the price of masks almost six times the price online in the middle of the coronavirus outbreak, the Beijing municipal market regulator said Wednesday.

The regulator issued an administrative sanction notice to Beijing Jimin Kangtai Pharmacy for dramatically increasing the price of N95 masks, it said in a statement on its website.

Jimin Kangtai increased the price of 3M brand masks to 850 yuan per box, while the price of the same type of masks sold online was 143 yuan per box, state television said.

The Beijing municipal regulator has intensified the monitoring of the prices of epidemic protection equipment and has punished illegal activities such as hoarding or manufacturing information on price increases. He has investigated 31 cases of price violations since January 23, he said.

The coronavirus outbreak, which began in the central city of Wuhan at the end of last year, killed 132 people and infected nearly 6,000 in China.

Comments

comments

.

image source

Pakistan, FATF officers proceed dialogues in Beijing

BEIJING: The officers of Pakistan and Monetary Motion Activity Pressure have continued dialogues in Beijing the place the implementation report of Islamabad was reviewed relating to the four-month progress on the FATF motion plan, citing sources, ARY Information reported on Wednesday.

Sources mentioned FATF officers had been briefed over four-month progress on the implementation of the motion plan by Pakistani officers. The briefing was given by Federal Minister for Financial Affairs Hammad Azhar which highlighted the efficient measures taken by the federal government for anti-money laundering (AML) and counter monetary terrorism (CFL).

The report submitted by the Pakistani officers was additionally reviewed by the FATF officers in Beijing.

Learn: Hammad Azhar says Pakistan to come back out of FATF’s gray record in February 2020

Hammad Azhar mentioned that strict ban has been imposed on outlawed outfits, whereas, the speed of case registration beneath terror-financing rises as much as 451 per cent and arrest made beneath the class will increase as much as 677 per cent.

He elaborated that the speed of penalties imposed in terror-financing circumstances has witnessed rise as much as 403 per cent, whereas, the involved establishments have seized Rs314.2 million.

Azhar, whereas offering statistics to the FATF officers, mentioned 827 circumstances had been registered beneath the class of terror-financing until December 2019 moreover 1,104 arrests throughout the nation. 196 out of 1,104 detained individuals have been pronounced sentences, whereas, 387 circumstances had been registered in Khyber Pakhtunkhwa (KP), sources mentioned.

Learn: FO condemns Indian Basic’s remarks on FATF, Kashmir

Sources mentioned FATF officers have expressed satisfaction over the implementation report throughout the ongoing dialogues which will probably be continued until Thursday (tomorrow).

A Pakistani delegation, headed by Minister for Financial Affairs Hammad Azhar, had arrived in China’s capital on January 20 to carry talks with the Monetary Motion Activity Pressure (FATF) Working Group.

The necessary three-day face-to-face talks with the worldwide cash laundering and terror financing watchdog commenced from January 21 and it’ll proceed until January 23.



The delegation includes representatives of the International Ministry, Inside Ministry, State Financial institution of Pakistan (SBP), Customs, Nationwide Counter Terrorism Authority (NACTA) and Monetary Monitoring Unit (FMU).

Learn: Pakistan submits implementation report of FATF motion plan: sources

Sources say Pakistan has already launched efforts, together with contacting FATF member nations, to get off the watchdog’s gray record.

Islamabad had despatched a 650-page assessment report back to the FATF on January eight in response to 150 questions raised by the watchdog.

The Pakistani delegation would put ahead particulars in regards to the measures the nation has to this point taken from Oct onward in gentle of the suggestions of the FATF Motion Plan.

The sources mentioned FATF’s plenary session slated for Feb 16 in Paris will consider Pakistan’s measures to fight terror financing and cash laundering as voting can even happen to contemplate the nation’s exit from the record.

Feedback

feedback



picture supply

Pakistani delegation lands in Beijing forward of essential talks with FATF

BEIJING: A Pakistani delegation, headed by Minister for Financial Affairs Hammad Azhar, has arrived in China’s capital to carry talks with the Monetary Motion Activity Power (FATF) Working Group, ARY Information reported.

The vital three-day face-to-face talks with the worldwide cash laundering and terror financing watchdog will begin on Jan 21 (tomorrow) and proceed till Jan 23.

Learn Extra: Pakistan to stay on FATF’s gray listing till Feb 2020

The delegation includes representatives of the International Ministry, Inside Ministry, State Financial institution of Pakistan (SBP), Customs, Nationwide Counter Terrorism Authority (NACTA) and Monetary Monitoring Unit (FMU).

Sources say Pakistan has already launched efforts, together with contacting FATF member international locations, to get off the watchdog’s gray listing.

Learn Extra: FO condemns Indian Normal’s remarks on FATF, Kashmir

Islamabad had despatched a 650-page evaluation report back to the FATF on January eight in response to 150 questions raised by the watchdog.

The Pakistani delegation would put ahead particulars in regards to the measures the nation has to date taken from Oct onward in mild of the suggestions of the FATF Motion Plan.

The sources mentioned FATF’s plenary session slated for Feb 16 in Paris will consider Pakistan’s measures to fight terror financing and cash laundering as voting will even happen to think about the nation’s exit from the listing.

Learn Extra: Hammad Azhar says Pakistan to come back out of FATF’s gray listing in February 2020

Feedback

feedback



picture supply

Tesla will get approval to start out manufacturing in China

SHANGHAI: Tesla was added to a authorities listing of permitted automotive producers, China’s business ministry stated on Thursday, because it granted the electric-vehicle maker a certificates it wants to start out manufacturing within the nation.

The listing was revealed by the Ministry of Trade and Info Expertise.

This implies “the inexperienced mild is totally given to Tesla for manufacturing in China,” stated Yale Zhang, head of the Shanghai-based consultancy Automotive Foresight. Tesla can begin manufacturing any time, he stated

Tesla didn’t instantly reply to an e-mailed request for remark. The $2 billion manufacturing facility it’s constructing within the jap Chinese language metropolis of Shanghai is its first automobile manufacturing website abroad.

Reuters reported earlier this month that Tesla plans to start out manufacturing at its China manufacturing facility this month. It’s unclear when it should meet year-end manufacturing targets due to uncertainties round orders, labour and suppliers.

Tesla intends to provide not less than 1,000 Mannequin 3s every week from the Shanghai manufacturing facility by the top of this yr, because it tries to spice up gross sales on the earth’s greatest auto market and keep away from larger import tariffs imposed on U.S. automobiles.

The manufacturing facility, China’s first totally foreign-owned automobile plant, additionally displays Beijing’s broader shift to open up its automobile market.

Shanghai authorities have provided Tesla help to hurry up building, and China excluded Tesla fashions from a 10% automobile buy tax on Aug. 30.

Feedback

feedback



picture supply

Beijing opens glitzy airport forward of China’s 70th anniversary

A futuristic new airport in Beijing, which is anticipated to turn into one of many busiest on this planet, was opened by President Xi Jinping on Wednesday.

Xi declared the starfish-shaped airport open briefly remarks at a ceremony inside the large terminal, days earlier than the nation holds a grand celebration to mark 70 years of Communist rule.

Situated 46 kilometres (29 miles) south of Tiananmen Sq., the Beijing Daxing Worldwide Airport will function at full capability in 2040, with eight runways and the potential to obtain 100 million passengers per yr.

The airport is seen as a becoming embodiment of the “Chinese language dream” Xi has provided his fellow residents.

Each overseas and home carriers have introduced plans to maneuver their operations to the brand new airport.

Inside ornament of Beijing’s new airport enters remaining stage

The inside ornament of the Beijing Daxing Worldwide Airport’s foremost terminal constructing has entered into the ultimate stage after greater than three years of development. Scheduled to open in September, it’s anticipated to be the world’s largest airport.

Posted by CGTN on Wednesday, April 10, 2019

British Airways, Cathay Pacific and Finnair have already introduced their new routes to Daxing to faucet the potential of the brand new aviation hub.

The SkyTeam alliance, which incorporates Delta, Air France and Royal Dutch Airways (KLM), was anticipated to maneuver over to the brand new airport, together with their companions Jap Airways and China Southern Airways.

However when contacted by AFP final week, Delta and Air France stated the choice whether or not to maneuver airports had not but been made.

The third largest Chinese language airline, Air China, is anticipated to maintain flying the majority of its flights from Beijing Capital Worldwide Airport.

“Switching airports could be a complicated resolution for airways,” stated aviation analyst John Strickland.

“Airways would like to see a brand new airport open and overcome teething issues earlier than shifting companies from one other nicely tried and examined airport.”

The maiden flight from the airport is scheduled at 3.30pm Beijing time (0730 GMT), in response to Chinese language flight monitoring app Umetrip.

Hovering progress

At 700,000 sq. metres (173 acres) — in regards to the dimension of 100 soccer pitches — the brand new construction might be one of many world’s largest airport terminals.

The constructing was designed by Iraqi-British architect Zaha Hadid, who died in 2016.

Inside, it stands out for its flowing, curved traces and use of pure mild that filters all the way down to the bottom ranges of the constructing by way of openings on the roof.

Beneath the terminal is a prepare station and metro line that may enable travellers to succeed in town centre in 20 minutes.

The mission value 120 billion yuan ($17.5 billion), or 400 billion yuan if rail and street hyperlinks are included.

At full capability, Daxing can be the world’s largest single terminal by way of traveller capability, in response to its designers.

Atlanta airport in the US — the world’s busiest airport — can obtain greater than 100 million passengers, however throughout two terminals.

The present Beijing Capital Worldwide Airport — the world’s second largest — is already overflowing, with simply over 100 million passengers yearly.

“Daxing is an extension of the exceptional progress of the aviation market in China,” stated Shukor Yusof, head of Malaysia-based aviation consultancy Endau Analytics.

Air transport is booming in China as dwelling requirements enhance together with peoples’ want to journey.

It’s anticipated to surpass the US to turn into the world’s largest aviation market by the mid-2020s, in response to the Worldwide Air Transport Affiliation.

By 2037 the nation may have 1.6 billion airplane journeys annually — a billion greater than in 2017, the organisation estimates.

Feedback

feedback



picture supply

China slams HK airport protesters, US ‘deeply involved’

Beijing on Wednesday slammed “terrorist-like” assaults on its residents by pro-democracy protesters in Hong Kong throughout a second day of chaos on the metropolis’s airport, as the USA expressed concern over obvious Chinese language troop actions on the border.

The rallies, which had paralysed one of many world’s busiest journey hubs, ended with ugly clashes on Tuesday night time that included protesters beating two males.

The Chinese language authorities instantly seized on the assaults to accentuate its drumbeat of anger and intimidation towards the protesters, who’ve staged 10 weeks of relentless rallies to demand better freedoms within the semi-autonomous metropolis.

“We categorical the strongest condemnation of those terrorist-like actions,” mentioned Xu Luying, spokeswoman on the Hong Kong and Macao Affairs workplace of the State Council, who known as the 2 males who had been overwhelmed “mainland China compatriots.”

It was the second time this week that China had sought to border the protests as “terrorism” — a part of a sample of more and more ominous warnings which have raised fears it might deploy power to quell the unrest.

China on Monday mentioned there have been indicators of “terrorism rising”, as state media printed a video of armoured personnel carriers driving in direction of the border with Hong Kong.

US President Donald Trump added to fears Beijing could stage a army intervention to finish the unrest, saying on Tuesday his intelligence had confirmed Chinese language troop actions towards the Hong Kong border.

“I hope it really works out for everyone together with China. I hope it really works out peacefully, no one will get damage, no one will get killed,” Trump mentioned.

On Wednesday, the US State Division mentioned it was “deeply involved” by the obvious troop actions, and known as on Beijing to “adhere to its commitments” to “permit Hong Kong to train a excessive diploma of autonomy.”

– Widespread help –

The folks energy motion, which has seen tens of millions take to Hong Kong’s streets, was sparked by opposition to a deliberate legislation that will have allowed extraditions to mainland China.

It shortly developed into a much wider marketing campaign for democratic freedoms.

Beneath a 1997 deal that noticed Hong Kong return to China from British colonial rule, the town is supposed to have far better liberties than these allowed on the mainland.

The protesters have loved widespread help all through most sectors of Hong Kong’s society.

However the beating of the 2 males on the airport on Tuesday, in addition to the blocking of passengers from boarding flights, might spark a backlash.

The motion has no public leaders, with protests organised anonymously over social media and chat apps.

One group sought Tuesday to handle the considerations that the airport rallies had gone too far.

“After months of extended resistance, we’re frightened, offended and exhausted. A few of us have grow to be simply agitated and over-reacted final night time,” the group mentioned in a press release.

“For this we really feel pained and dispirited and want to categorical our most honest apologies.”

Demonstrators turned on the 2 males, fuelled by suspicions inside their ranks about undercover police or spies.

The primary man was held for about two hours and assaulted earlier than being led away in an ambulance.

Riot police briefly deployed pepper spray and batons to subdue protesters whereas they escorted the car away.

One other man, carrying a yellow journalist vest, was surrounded, zip-tied after which overwhelmed by a small group who accused him of being a spy.

Hu Xijun, the editor of China’s state-controlled International Instances tabloid — which has vociferously condemned the protests — tweeted that the person was a journalist for the paper.

– ‘Pushed into an abyss’ –

In one other ugly scene, a bunch of protesters ganged up on a policeman and beat him. They stopped their assault when the policeman pulled his gun and pointed it at them, however didn’t fireplace.

On Wednesday, solely a handful of protesters rallied on the airport and plenty of flights had been working as scheduled.

Round 100 demonstrators later gathered within the metropolis’s working class Sham Shui Po neighbourhood, shining lasers at a police station. Officers used tear fuel to disperse them.

Hong Kong’s flag service Cathay Pacific — which has come beneath big stress from Beijing to clamp down on workers supportive of anti-government rallies — mentioned Wednesday it had sacked two pilots.

“One is at present concerned in authorized proceedings. The opposite misused firm data” a few flight, it mentioned.

The airline mentioned final week it had suspended a pilot accused of rioting after allegedly collaborating in protests.

It additionally mentioned it had fired two floor workers, with out specifying why. Native media reported that they had been accused of leaking journey particulars of a Hong Kong police soccer staff.

Town’s chief, Carrie Lam, warned Tuesday of harmful penalties if escalating violence continued and mentioned the hub was being “pushed into an abyss.”

Feedback

feedback



picture supply

Powered by google ai !