0x815 @ 0x815 @feddit.org

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This is somewhat related:

A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as against Russia over Ukraine, as the greatest geopolitical risk to their business

The report by the Swiss Bankers Association (SBA) and consultants zeb said on Thursday that Swiss policymakers should develop an approach to sanctions that ensures neutral Switzerland remains a safe haven for banks and their customers [..]

Shortly after Russia’s 2022 invasion of Ukraine, Switzerland decided to adopt EU sanctions against Moscow. One measure was to freeze assets belonging to sanctioned Russians.

August Benz, deputy head of the SBA, raised concerns about Switzerland’s rapid adoption of sanctions [...]

According to bankers, Switzerland’s clear stance on the Ukraine war has raised fears among foreign customers that it could support further Western sanctions in the future.

And:

Switzerland praises China-Brazil peace plan for Ukraine

Switzerland says its view on the Chinese plan has significantly changed in recent months Ukraine expresses disappointment in Swiss position

The Reuters report refers to the September data (read my comment on the September data above), and this is practically always lower than the data in August and particularly in July. And the September 2024 data is higher than the Sep 2023 data. As I wrote in my comment, intra-year data fluctuates. The comparison you make doesn't make sense, therefore.

Youth unemployment is rising in the long run, this is what the data shows.

@teft@lemmy.world

Here is the official release by the Canadian government:

Canada announces tariff remission process for Canadian businesses importing certain Chinese goods

Canadian workers, the auto sector, the steel and aluminum industries, and related critical manufacturing supply chains are threatened by unfair competition from Chinese producers, who benefit from China’s intentional, state-directed policy of overcapacity and oversupply, as well as its lack of rigorous labour and environmental standards. The federal government has recently implemented a suite of tariffs (also known as surtaxes) on certain Chinese imports to level the playing field and protect Canada’s workers and businesses from China’s unfair trade policies. These include:

[...] Today, the federal government launched the process for Canadian businesses to request remission of surtaxes on electric vehicles (EVs) and steel and aluminum imported from China. Remission would also be available for potential surtaxes on critical manufacturing sector products. To ensure that Canadian industry has sufficient time to adjust supply chains, remission will provide relief from the payment of surtaxes, or the refund of surtaxes already paid, under specific and exceptional circumstances.

This is up to you, it is the official Chinese data.

A brief update: Official Chinese youth unemployment rate for September -just released- is now 17.6% (according to the new methodology that does not include university students). It appears to follow the expected development as youth jobless figures in China tend to fluctuate over the year while reaching their peak in the summer (July and August data), when a large number of graduates enter the job market. The September data is a significant increase compared to January as well as year-on-year.

As an addition to that, the Canadians have different view:

Protecting Canadian workers: CLC welcomes tariffs on Chinese imports -- (Archived)

Canada’s unions are pleased with the government’s announcement to impose tariffs on Chinese imports, including a 100% tariff on electric vehicles and a 25% tariff on aluminum and steel, matching recent U.S. actions. Coming into force on October 22, this marks one of the most significant shifts in our supply chain in decades and it’s a necessary step in protecting Canada’s economy, our workers, and the investments we’ve already made in the electric vehicle (EV) industry.

I wrote, "Chinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights."

What has that to do with the EU?

Interesting BBC article. At the end, it says:

A BBC producer [at a polling station] heard a woman who had just dropped her ballot in the transparent box ask an election monitor where she would get paid.

Outside, we asked directly whether she had been offered cash to vote and she admitted it without qualms. She was angry that a man who had sent her to the polling station was no longer answering her calls. “He tricked me!” she said.

She would not reply when asked who she had voted for.

Addition: BBC finds evidence of vote-buying in Moldova [video, 1 min.]

Chinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights whatsoever.

I am wondering what the European automobile workers say about the slave-like working conditions of their peers in Xinjiang? The low prices of Chinese EVs are to a large extent possible because of such cheap forced labour, we must not forget that.

Das umstrittene Projekt Worldcoin ändert seinen Namen und will sich fortan darauf konzentrieren, Menschen in Zeiten von KI bei der Autentifizierung zu helfen.

Ist das eine echte Nachricht oder vom Postillon? :-)

The aggressor in this war is Russia that invaded Ukraine without any reason. This whataboutism is absolutely repugnant.

[Edit typo.]

UK: David Lammy must use China visit to challenge Beijing’s brutal suppression of human rights

‘The Government should ensure that talks on trade and security relations with China aren’t pursued at the expense of human rights’- Sacha Deshmukh, Amnesty International UK’s Chief Executive.

“Behind closed doors but also in public, David Lammy needs to tackle the Chinese government over its systematic, industrial-scale repression of ethnic minorities in Xinjiang and Tibet, its widespread imprisonment of peaceful activists and its completely unacceptable intimidation of students and campaigners here in the UK.

The Chinese authorities routinely target peaceful critics via pervasive online censorship, arbitrary arrest, detention and torture. Human rights defenders, pro-democracy activists and religious leaders and practitioners have been among those subjected to systematic persecution. The widespread repression of ethnic minorities in Xinjiang and Tibet has continued despite significant international criticism.

In Hong Kong, journalists, broadcasters and book publishers have been among those prosecuted and imprisoned under the territory’s notorious National Security Law and other repressive legislation, while civil society organisations both in Hong Kong and abroad have faced criminal charges or harassment for their legitimate activities. The long arm of Chinese state repression has meant that Chinese and Hong Kong communities in the UK, other parts of Europe and North America have all suffered various kinds of threats and intimidation, part of a sinister pattern of “transnational repression”.

@Mihies@programming.dev

Nothing new that China supports Russia and that the West is trying to leverage this against China because of economic and political competition. Yeah, it’s not about justice or anything like that, it’s just Western interests. Nothing else.

No one in Europe has any 'interests' in the war in Ukraine nor in any other war. This comment is disgusting.

Das läuft in allen Staaten so ...

Which sources are reliable for China news in general?

This is somewhat on topic:

Switzerland Won’t Implement the EU’s Russia Sanctions on Subsidiaries

Switzerland has decided not to fully implement the latest package of European Union sanctions against Russia, saying Swiss law already allows measures to prosecute subsidiaries of companies based in the country.

Chinese cars are cheaper because the makers get heavily subsidised

Yes, and don't forget forced labour, there are slave-like working conditions across the supply chain as there is no transparency.

It really helps of you read before posting. And don't forget to suggest sources you think are reliable.

Im Prinzip schon, aber ich habe den Vorspann vom Original genommen, weil der Origitnaltitel "Die rätselhafte Baku-Connection" nicht viel aussagt, finde ich. Damit kann man nicht viel anfangen, wenn man durch die Community scrollt.