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T. 27º/ 33º Air Quality Good MONDAY “ THE TIMES THEY ARE A-CHANGIN’ ” MOP 8.00

N.º 3569 06 Jul 2020 HKD 10.00

THE MONETARY AUTHORITY OF MACAO ICONIC BRANDS HOPE PUBLICITY IT’S THE BEGINNING OF THE END FOR HAS ASKED PAYMENT PLATFORM MPAY THE ERA OF MEGA-DAM BUILDING IN TO ‘SERIOUSLY REVIEW’ A SYSTEM FROM GOV’T PLATFORM WILL CHINA, AS SOLAR AND WIND POWER BREAKDOWN LAST MONTH HELP FIGHT COVID-19 SHOW SIGNS OF TAKING OVER P4 P4 P6

South China Sea The Philippine foreign secretary warned China of “the severest response” if ongoing Chinese military exercises in the disputed South China Sea spill over into Philippine territory. NEW LAW, NO NEED Lawyers and lawmakers say it is not necessary for Macau to revise its own national security law to match the much tougher version in Hong Kong

AP PHOTO P2-3 XINHUA

Thailand Authorities urged vigilance as the country celebrated its first long holiday weekend after lifting most restrictions imposed to fight the spread of the coronavirus. No new local infections have been reported in Thailand in more than a month.

Philippines President Rodrigo Duterte has signed a widely opposed anti-terror law which critics fear could be used against human rights defenders and to muzzle dissent. Opponents say they will question the constitutionality of the law in the Supreme Court. AP PHOTO

Japan Deep floodwaters and the risk of more mudslides that left at least 34 people confirmed or presumed dead hampered search and rescue operations yesterday in southern Japan, including at elderly home facilities where more than a dozen died and scores were still stranded. Helicopters and boats rescued more people from their homes in the Kumamoto region. More than 40,000 defense troops, the coast guard and fire brigades Slammed with were taking part in the operation. 6,000 pataca

Australia Finance Minister Mathias Cormann, one parking bill of Prime Minister Scott A resident was horrified to find the Morrison’s most senior Cabinet members, says he Quarantine waiver extends enormous bill waiting for him after is retiring from politics at completing a 14-day mandatory quarantine. the end of the year. to eight more Greater Bay Area cities ‘There was nothing I could do besides pay’ More on backpage P5 P5 page 2 www.macaudailytimes.com.mo MACAU 澳門 06.07.2020 mon

MACAU’S LEADING NEWSPAPER

Labour Affairs Bureau DANIEL BEITLER NATIONAL SECURITY receives 7,500 job requests HE introduction of The Labour Affairs Bureau (DSAL) has a stringent natio- registered 7,500 job applicants this year. nal security law in Of these, 3,000 applicants have been Hong Kong need not dismissed for six months, meaning they Lawyers say Macau need not copy Hong Kong’s draconian bill Trequire equally strict legisla- were likely affected by Covid-19, vice tion to be passed in Macau, ‘One Country, Two Systems’ for Administration and Justice A staunch defender of free director of the bureau Chan Un Tong according to lawyers and framework. Beijing and its André Cheong Weng Chon and speech, Menezes warned that revealed. Jobseekers can register their lawmakers contacted by Ma- pro-establishment proxies re- Secretary for Security Wong the new Hong Kong law “is a intent to find employment through the cau Daily Times, because the plied that ‘Two Systems’ could Sio Chak. great weapon to [suppress] Labour Affairs Bureau in order to use its job circumstances of the two spe- only be realized if ‘One Coun- According to Portuguese freedom of expression and cri- matching services. People looking for jobs cial administrative regions of daily Jornal Tribuna de Macau, minalize dissent.” are mainly from the construction, retail try’ was respected. China are completely different and catering industries. Fewer registrants Beijing finally lost its pa- the local government is alrea- “It may well be an old tale from one another. were recorded in May and June than in tience and decided that if dy preparing to legislate for a of totalitarian regimes: a ner- March and April. As of end-June, about The Central Government Hong Kong could not legislate new Beijing-led commission vous dictator concerned with 460 people have finished the job matching handed a controversial natio- on the matter, then national- in Macau to oversee the safe- keeping his seat at all costs, process after completing the bureau’s nal security bill to Hong Kong -level organs would do so on guarding of national security. and willing to go as far as it subsidized training. Meanwhile, a job fair last week on the occasion of its behalf. The new commission will mir- takes for his regime to survive. held by the Macao Federation of Trade the territory’s birthday, ho- Macau’s situation could not ror an institution being cra- If necessary, to the detriment Unions attracted the participation of 24 ping to end more than a year be more different. Macau pas- fted in Hong Kong, as stipu- of public interest and the in- companies and thousands of jobseekers. of crippling protests. sed its own national security lated under the new national ternational order,” he added. The bill is far stricter than bill more than a decade ago security bill. “Dictators are greedy. So, yes, Social welfare authority: anyone had anticipated and and to date nobody has ever “The signs aren’t good,” ad- it is possible that they’ll come has prompted international been prosecuted under the mitted Macau-based lawyer Jor- and knock on Macau’s door.” domestic violence condemnation and likely U.S. law. ge Menezes, when asked if Ma- “My conviction is that we do decreasing sanctions that could change Nevertheless, the situation cau should expect a more draco- not need to do more as long as In the first quarter of 2020, the Social the face of Hong Kong forever. has already prompted some nian update. “The Secretary for it is not required by social or Welfare Bureau received 649 reports Many saw it coming. For in Macau to hint at the 2009 Administration and Justice hin- political conditions. A revision relating to household conflicts, equating more than one year, Hong national security legislation ted that something more nee- is not needed since we don’t to a year-over-year rise of 12%. Kong protesters had deman- being brought in line with the ded to be done. […] The Macau have new threats in the Macau Excluding repeated reports, there have ded that Beijing halt its incur- more stringent provisions in government may copy the Hong SAR,” said lawyer Sérgio de been 445 unique cases or 3% increase sions into the local autonomy force in Hong Kong. Among Kong law or introduce a slightly Almeida Correia. “Compared from the first quarter of last year. Tang enjoyed by the city under the them are Macau’s Secretary milder version.” with Hong Kong, we had no Yuk Wa, vice director of the bureau, said that 320 of the reports were categorized as household conflicts, while six were categorized as domestic violence. Of the 320, two-thirds concerned violence With the road ra- the team. BSB is such between spouses and 6% between cing championship, a prestigious cham- other family members. Additionally, which McCormack pionship and the dep- 25% of domestic violence incidents usually participates th of field in the Su- involved children and 2.4% involved MARQUES RENATO in, ceasing this season, perbike class is second elderly people. Tang sees a decreasing McCormack’s team is to none really and I’m trend, though the number of reports now gearing up for his thrilled myself to be is on the rise. He also thinks that some return to BSB this year. part of it.” of the cases may have been caused by The last time he raced For Dunne, the ex- the pandemic. Professionals should be in this competition pectations are high approached when domestic problems was 2008. given the unprece- arise, Tang reminds. Commenting on dented conditions this his return, McCor- year. He noted that Lawmaker urges mack said, “I’m both they were preparing to upcoming bus contracts delighted and excited “raise a few eyebrows.” be disclosed about this opportuni- Besides McCorma- ty to get back on the ck, several well-known As the current bus service contracts expire BSB grid as it’s been 12 names from Macau’s at the end of this year and the government years since I raced the- Guia Circuit will also has not disclosed any details about the re last and the quality be on the field this new contracts so far, lawmaker Agnes MOTORSPORTS of the field of riders is year. These include Lam has called for more information as outstanding. With the 2017 winner Glenn “public bus services are part and parcel to the general land transport of Macau.” team I have this year, Irwin and three-time She pointed out that bus services and McCormack returns to BSB the sponsors I have Macau winner Pe- gambling concessions are different as behind me and the ter Hickman, among the former is non-competitive. Hence, group of people pro- others. Lam finds it unacceptable that the details with Roadhouse Macau viding race support, The 2020 BSB is of the contract are being kept from the we are going to enjoy composed of six rou- public. The lawmaker added that the new RENATO MARQUES The Irish rider, who BMW team. it and put in a good ef- nds, each one compri- contract should outline “a corresponding is often seen at the Originally postpo- fort.” sing of three races. The and scientific financial support and pricing ORMER Superbike Macau Grand Prix mo- ned due to Covid-19, Roadhouse Macau event will run from scheme.” Currently, bus fares can be Fand Supersport torcycle race, will have the 2020 BSB season by ON1 Racing BMW’s early August to mid- increased in a matter of months whenever champion Brian Mc- the continued support will take place at Do- team manager, John -October and the last the government deems necessary. She also Cormack is ready to of Roadhouse Macau nington Park in central Dunne, said, “This is three races will take recommended systems that allow bus cards take on the 2020 Ben- and will race with the England this August such a great opportu- place from October 16 to be tapped when boarding and alighting to netts British Superbike brand-new Roadhouse with a triple-header nity that has presen- to 18 at the historical improve the efficiency of bus services. Championship (BSB). Macau by ON1 Racing racing program. ted itself for Brian and Brands Hatch circuit.

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MACAU’S LEADING NEWSPAPER

NATIONAL SECURITY Lawyers say Macau need not copy Hong Kong’s draconian bill XINHUA

demonstrations, no insurrectio- Hong Kong. weekend that he believes there is tion or to allow Macau residen- to revise Macau’s national se- nary acts, no violence against “The circumstances in Macau no present need to tighten Ma- ts or foreigners to be trialed in curity law because the law is property or persons, and no and Hong Kong are very diffe- cau’s laws dealing with matters China according to Chinese cri- already serious enough for [our destruction of public property.” rent,” acknowledged lawyer José of national security. minal laws, as it is happening in situation],” said Ian. That is also “We should not follow Hong Álvares, before stressing that “In all these years, Macau has Hong Kong, because it would be the view of the general public, Kong just because it may look “laws are not immutable, and seen no significant social inci- a huge violation of the Macau he said, because “nobody wants nice in Beijing or just to please just because a law has not been dent, so I don’t see an urgency Basic law and of the Sino-Portu- to change the situation now.” the [Chinese Communist Party] used [to prosecute individuals], to tighten the National Security guese Joint Declaration.” “The Central Government will hardliners,” he said. that doesn’t mean that it shoul- Law in Macau,” said Chan, who The temperature in Hong observe the reaction of Hong Lawmaker Sulu Sou, one of dn’t be revised.” also sits on consultative bodies Kong has changed in the past Kong [to the new law] and pre- the most vocal democracy ad- “In the case of the week, and the pare the next step. […] I think in vocates in Macau, also belie- national security le- people of Macau the short-term, there will be no ves it “is totally unnecessary to gislation, I think that can sense this impact in Macau from the Hong change everything to match the the government is ”Some people want to too, even from Kong national security law, but Hong Kong version.” in the best situation across the Pearl in the long-term there may be an “Some people want to show to make a judgment show their political loyalty River estuary. effect in how it is interpreted.” their political loyalty to the Cen- about whether a re- to the Central Government As the June For Sulu Sou, the effects are tral Government [by arguing in vision is needed. Re- Fourth museum already being felt in Macau. favor of a revision],” he said, member that legis- [by arguing in favor of a was reportedly “There is some psychological “but even some pro-establish- lators need to think rushing to digi- or emotional impact on Ma- ment figures also see no need to ahead and consider revision], but even some talize its archives cau people now,” said Sou. “In change the law.” matters ahead of the pro-establishment figures this weekend, Macau, someone might shout Not all pro-establishment fi- arising issues,” said libraries and a slogan but know they are not gures agree. Álvares. also see no need to booksellers were violating the law. Today, in Hong The president of the Macau For lawmaker Pe- removing con- Kong, they might be arrested [for Lawyers Association (AAM), reira Coutinho, the change the law. troversial titles. saying the same thing]. People who last year expressed solida- national security le- SULU SOU Pro-democra- are now afraid that some beha- rity with anti-extradition bill gislation makes little LAWMAKER cy groups were vior might violate the new law.” protesters in Hong Kong, now difference. “I think being disbanded Asked if he was afraid of a says that the national security having or not having as ordinary peo- stricter interpretation of na- legislation will bring much-nee- [a revision of the law] is the on the mainland. “But it is the ple removed social media posts tional security in Macau, Sou ded stability to Hong Kong. Re- same,” he told Macau Daily Ti- government to decide after all.” that could land them in trouble. acknowledged that he and the marking on his confidence in mes. “Any revised version wou- Should the government de- Social commentator Johnson pro-democracy New Macau As- the rule of law, AAM President ld not make much difference in cide to update the national se- Ian said that nobody in Macau sociation would be “a potential Neto Valente suggested that Macau.” curity legislation, Correia hopes wants to see this climate cross target.” Still, he said, “we will Macau’s own legislation could Lawmaker Chan Chak Mo told “the revision […] will not be to the estuary. continue to do the same as we be toughened to match that in public broadcaster TDM over the take some books out of circula- “I don’t think there is a need have always done before.” page 4 www.macaudailytimes.com.mo MACAU 澳門 06.07.2020 mon

MACAU’S LEADING NEWSPAPER

Gov’t promotes Monetary Authority ‘Characteristic asks MPay to ‘seriously Stores’ as small review’ breakdown OBILE payment Mplatform MPay, businesses struggle operated by contactless payment card issuer Ma- cau Pass, was ordered by the Monetary Autho- rity of Macao (AMCM) to conduct a “serious review” of the system’s breakdown early last month. The mobile payment platform experienced a day-long outage. Users were unable to log in, let alone pay or receive or send funds to other peo- ple and businesses. According to a press release issued by the STAFF REPORTER Rua de Cinco de Outubro. Sam hopes to attract more at- AMCM, it has comple- About 90% of all Macau bu- tention and more people to vi- ted investigations on the HE Macau government sinesses are small or micro en- sit his store. incident and concluded Tpromoted the “Macau Cha- terprises. Many of them have A participant surnamed that the e-payment ser- racteristic Stores” scheme last experienced a significant loss Lei, a representative of Takaya vice provider “has not Friday, with an additional aim of business since the Covid-19 Japonês, expressed a similar analyzed and fully tested termined that Macau Pass had this year to support the city’s pandemic, with some suspen- opinion, saying, “I hope there its system based on the AMCM not appropriately supervised small and medium-sized enter- ding their activities. will be more enterprises par- guidelines.” the capacity of its system, pur- prises (SMEs). “There has been almost no ticipating in the program and As pointed out by the suant to two AMCM guideli- “The Macau government business [during the pande- forming a connection between AMCM, Macau Pass rolled nes. has successfully rolled out a se- mic], we only rely on frequent other characteristic stores.” out two new functions simul- The private company was ries of economic revitalization visitors,” said a retailer surna- The Macau government has taneously between late May not penalized because it has schemes targeting SMEs, and med Sam, who represented the rolled out a two-stage consu- and early June. The implemen- followed up with the affected we will continue to help SMEs Si Heung Nuts & Confectionery mer subsidy plan to help boost tation of the new functions users. Macau Pass has also to gradually ride out the storm,” brand. This store is one of the spending and support small overloaded the system, which conducted a system upgrade said Tai Kin Ip, Director of the participants of the “Macau businesses. In the first phase of ultimately led the system to which was originally delayed Macao Economic Bureau. Characteristic Stores” scheme. the plan, each registered Macau breakdown. by Covid-19. A total of 41 enterprises, in- “It is almost impossible for resident received a MOP3,000 Prior to releasing the new The AMCM has ordered Ma- cluding 24 from the catering in- us [small enterprises] to adver- voucher to be spent on or befo- functions, the private com- cau Pass to commission a cer- dustry and 17 from retail, have tise our products. Usually, it is re July 31. pany did not conduct a full tified third-party professional been certified during the first the government that helps us According to a mid-term stress test of its system, nor to assess the safety of its sys- phase of the scheme. Currently, do promotions,” Sam said. By report on the scheme, around did it make reasonable arran- tem, and execute the appro- most of them are located near participating in this scheme, 63% of spending went to SMEs. gements. The AMCM also de- priate enhancements. AL

Subscription for major Suspected money disaster insurance for SMEs laundering cases starts today drop 31%

RENATO MARQUES and commercial spaces loca- fits in the long run and will HE SAR govern- such cases from 966 the authorities. ted in low-lying areas of the receive discounts starting at Tment has recor- to 464, accounting The authorization PECIAL insurance speci- city. 20%, going up to 35% in the ded a drop of 31.2% for 49% of the total of the Financial In- Sfically designed to cover The insurance coverage in- fourth consecutive year they in the number of number of suspec- telligence Office has losses from major disasters cludes buildings, repairs and renew their insurance. suspected money ted money launde- been extended for such as typhoons is available upgrades, electrical applian- The annual premium is laundering cases, ring cases from Ja- two years, until Au- from today, the Monetary Au- ces, utensils, furniture, ma- set at 25% of the amount co- down to 947, during nuary to June. gust 2022. thority of Macao (AMCM) has chinery, electronic equip- vered by the insurance, whi- the first half of the Cases from fi- Inaugurated in informed. ment and product stock. ch offers coverage of up to year compared to nancial institutions 2006, the office is res- The insurance will provide All companies that have 100,000, 200,000 and 300,000 the same period last and insurance com- ponsible for “collec- small and medium-sized en- fewer than 100 workers are patacas. year. panies also dro- ting, analyzing and terprises (SMEs) with covera- eligible for this insurance, This year, the government Data from the Fi- pped to 332 repor- providing [to agen- ge against the consequences which has major differences will offer subscribers a spe- nancial Intelligence ts, making up just cies] intelligence re- of natural disasters, namely from regular insurance poli- cial benefit. Subscribers will Office shows that the 35% of all cases. The lated to money lau- the passage of severe tropi- cies on the market. For exam- receive a subsidy of up to decrease was main- other 151 reports ndering and terro- cal storms and storms that ple, there is no deductible 50% of the annual insurance ly due to the drop were received from rism financing.” The activate a typhoon signal 8 or percentage for every damage premium, going up to a maxi- in suspicious tran- other institutions. office was opened more, or a level 4 (red) storm or loss report, and the ceiling mum of 30,000 patacas. sactions reported by Institutions are to comply with in- surge or higher. amount for products and sto- Local establishments and the city’s casinos and obliged to report any ternational actions The AMCM said that the ck has been waived. commercial stores can buy finance sector. transactions equal against terrorism insurance is mostly designed Those who acquire the in- the insurance from today un- Gaming operators to or greater than and money launde- to protect the assets of stores surance will get special bene- til December 31. recorded a drop in 500,000 patacas to ring. LV www.macaudailytimes.com.mo page 5 mon 06.07.2020 澳門 MACAU

MACAU’S LEADING NEWSPAPER

Repatriated students Quarantine waiver extended across offer feedback on return mainland side of Greater Bay Area ANTHONY LAM seven days following the date of missions the approval. ELECTED Macau resi- Only essential travel, namely EVERAL returning stu- dents are now able to tra- for the purposes of public servi- Sdents have expressed vel more freely across the ce, business or other special rea- their thoughts on how the Greater Bay Area after a sons, is permitted and this will Squarantine waiver scheme pre- be strictly monitored, according government could have be- tter conducted repatriation viously applicable to just Zhuhai to the government. missions from Europe and was rolled out to cover eight Macau residents seeking qua- North America via Hong more mainland cities. rantine waivers need to meet se- Kong. From today, Macau residents veral other conditions. The comments were who do not have a Zhuhai Re- Firstly, they should not have made in an online video sidence Card can now apply for travelled to any other places show hosted by the Gene- quarantine-free travel to nine besides the mainland and the ral Association of Chinese cities in Guangdong Province, Macau SAR in the preceding two Students of Macao (AECM). the Novel Coronavirus Respon- weeks. Three students, who had re- se and Coordination Center an- Second, they should not have turned home through pre- nounced yesterday. any respiratory symptoms, such vious retrieval missions, Authorities began accepting as cough, shortness of breath or were invited onto the latest applications for the quarantine fever. episode of the show to dis- waiver for some Macau residen- Third, they need to hold a cuss the topic. ts in mid-June. The scheme be- Green Macau Health Code. One of the students, sur- gan with a quota of 1,000 people Finally, they should have a named Lei, recalled that per day and has recently been negative Covid-19 nucleic acid the hotel he stayed for the expanded to 3,000. test result. The requirement for 14-day quarantine period In the previous phase, appro- a nucleic acid test is to check if had two options for nucleic ved Macau residents could the individual is infected and acid testing – either naso- only remain in either Macau or the virus has been replicating at pharynx or throat swabs. Zhuhai. This meant that even a detectable level. These were separately col- though they could cross the bor- These four rules are in place lected by two teams. Lei der, they were only exempt from to lower the possibility of these A residential neighborhood in Guangzhou, capital of Guangdong Province, discovered that the teams quarantine in Zhuhai. Once they residents having coronavirus against the city’s iconic Canton Tower. did not communicate, cau- left Zhuhai, they would be qua- and transmitting the virus in the sing confusion among those rantined upon entering other community. ckpoints will result in residents card, their Macau and Zhuhai who were quarantined. cities in the province. Other special arrangemen- having their waivers cancelled. Health Code and their negative A second student, surna- However, approved Macau re- ts are also in place to decrease Twenty-four hours prior to Covid-19 test result. med Chan, said that over- sidents are now allowed to move the chances of an outbreak. For crossing the border, approved Although the quarantine wai- seas students had no family between Guangzhou, Shenzhen, example, Macau residents with Macau residents will also be ver approval is valid for seven support and direct access Zhuhai, Foshan, Huizhou, Don- approval must enter Zhuhai required to fill out a mainland days, approved Macau residen- to crucial information, cau- gguan, Zhongshan, Jiangmen through either the Hong Kong- health declaration on WeChat. ts are allowed to remain in the sing stress to these indivi- and Zhaoqing from today. Zhuhai-Macau Bridge or the Lo- At the border, approved Ma- city for longer. For the first two duals. Chan hopes people in Once approved, they will be tus Bridge, which connects Cotai cau residents must present their weeks, they must remain in the Macau will be more mindful able to move between the nine to Hengqin. mainland-entering card, more nine shortlisted cities. After, they of the needs of returning cities and the Macau Special The authorities said that en- commonly known as “the ho- will be allowed to move around students. AL Administrative Region for the tering through other border che- me-going card,” their Macau ID the province.

Returning resident shocked by 6,000 pataca parking bill

RENATO MARQUES “The officer seemed to be a bit there was some special arrange- confused, asking me where I was ment in place to help with that local resident, who recently coming from,” the resident told part since it was not a common Areturned to Macau from the Times. “He had to think a lot situation,” he said. “I did not park Hong Kong, was stunned to learn and ask someone on the radio my car there because I wanted to. MARQUES RENATO his car parking bill had grown to what to do with me.” I was told that was the only way.” nearly 6,000 patacas while he was The resident was told that he He was charged for over 15 completing the mandatory 14- should drive his vehicle and park days of parking. As explained in day quarantine. it in the HKZMB Macau Port the receipt by the company that The person, a permanent resi- parking lot before undergoing manages the parking lot, parking dent in both Special Administrati- medical observation procedures is charged at 15 patacas per hour ve Regions who requested not to and quarantine. for a total of 360 patacas per day. be identified, explained that he According to the source, the “There was nothing I could do was finally allowed to travel be- procedures went smoothly and a besides pay,” the resident told the tween Hong Kong and Macau for few hours later he was lodged in Times. He said the price was “bru- work following the reopening of one of the government designa- tally high” compared to the prices the Hong Kong–Zhuhai-Macau ted hotels for his 14-day quaran- of public car parks across the city. Bridge (HKZMB). tine. Not wanting to make his story Upon arriving by car at the Ma- After the two-week quarantine, a “protest,” the local resident said to Macau using private vehicles. te which is available by tender at cau border post, he was surprised he received a big surprise. that his purpose was to warn In order to drive through the 30,000 patacas. They also have to that the officer did not know what “I was pretty shocked when other people about what to ex- HKZMB, private vehicles have pay a toll of RMB150 (170 patacas) to do regarding his situation. I saw the parking bill. I thought pect in case they decide to travel to acquire a special license pla- per trip. page 6 www.macaudailytimes.com.mo CHINA 中國 06.07.2020 mon

MACAU’S LEADING NEWSPAPER BLOOMBERG

A satellite image of the Wudongde Dam in Yunnan Province China’s era of mega-dams is ending as solar and wind power rise T’S the beginning of the end for past two decades. After Baihetan the long-touted project to block dropower plants on earth. 3 gigawatt plants that would be Ithe era of mega-dam building in gears up to full capacity in late the Yangtze River at the base of the Pickings are about to get slim- signature projects in most other China. 2022, China will have completed Three Gorges, a series of narrow mer. Big hydropower plants requi- countries. So-called pumped- China Three Gorges Corp. last five of the world’s 10-biggest hy- passageways between mountains re large flows of water cascading -hydro projects can help store week turned on the first set of ge- dropower plants in just 10 years. that hem in China’s longest river. down a steep change in altitude intermittent renewable energy nerators at the massive Wudong- China’s dams generated more The project was unusually con- and China has tapped most of the for when it’s most needed. And it de hydropower plant, deep in the electricity in 2017 than the total troversial in China. Proponents best prospects that are easy to rea- does still have potential sites for mountains of Yunnan province. supply of every other country in touted the benefits of clean ener- ch. mega-dams, they just aren’t easy About 170 kilometers downstream the world besides the U.S. and In- gy, improved navigation and the After Wudongde and Baihetan, to get to. on the Jinsha River sits Baihetan, dia. chance to tame one of the nation’s there are no dams bigger than 10 The most prominent would be the last of its kind, scheduled to go Harnessing China’s rivers, whi- most flood-prone rivers. Oppo- gigawatts are under construction the Motuo dam on the Yarlung into operation next year. ch flow from the snowy peaks in nents focused on the million-plus or in planning or permitting sta- Tsangpo River in Tibet, which at At full run, the two sites will the west to the fertile deltas in people who would be forced to ges, according to Pavan Vyakara- one point was being eyed as a po- produce more electricity than the east, has always been a pri- resettle from the narrow strips of nam, senior power analyst at Glo- tential 38-gigawatt plant, nearly every power plant in The Phili- me concern of its leaders. More fertile orange groves along the ri- balData. double the size of Three Gorges. ppines combined. They’re the fi- than 4,000 years ago, the empe- ver’s edge to harsher environmen- “Although the country has a The Chinese government is still nal two mega-dams in a Chinese ror known as Yu the Great gained ts on higher ground, along with strong pipeline of mega hydro- researching the site’s feasibility, construction boom that goes back eternal fame by employing dikes, the loss of cultural and archaeolo- power projects, it has mostly according to a person familiar more than half a century, one that dams and canals to control floo- gical sites. exhausted its major potential si- with the studies, who asked not became increasingly mired in ding that plagued the ancient ci- Work began in 1994 and when tes and there is reduced scope for to be identified because the infor- controversy over the trade-off be- vilization. new announcements,” he mation isn’t public. tween the benefits of the renewa- The Communist Par- said. But such a development is ble energy and flood prevention ty used a disastrous flood Harnessing China’s A similar story happe- seen as unlikely by many analys- and the social and environmental in 1931 to argue that the ned in the U.S., where ts. Getting materials and workers costs. Kuomintang government rivers, which flow massive government dam to such a remote area would be Now, China’s hydro industry was a failure, and when from the snowy projects helped pull the enormously costly, as would is down-shifting toward smaller Mao Zedong took over in country out of the Great stringing the power lines needed projects and pumped storage. En- 1949 dam-building was a peaks in the west to Depression in the late to get the electricity to market. gineers have run out of the easiest priority. But construction 1930s, including the Hoo- And that doesn’t factor in the locations to power massive sets and engineering were of- the fertile deltas in ver Dam, the world’s lar- geopolitical issues around dam- of turbines and the falling cost of ten subpar, resulting in the east, has always gest at the time. By the end ming a conduit that feeds some of rival energy sources such as solar more disasters like the of World War II, hydroe- India’s major rivers, including the mean it isn’t worth moving on to Banqiao and Shimantan been a prime concern lectricity supplied more Brahmaputra. more challenging locations. dam collapses in 1975 that than a third of the nation’s As China’s dam builders pack “It’s so cheap developing re- killed as many as 240,000 of its leaders needs. up their tools at home, they are newables and coal-fired power, people. Construction peaked expanding overseas. China’s ma- why bother injecting huge sums As China emerged onto the the final generator was switched in the 1960s, then slowly ground jor development banks have fi- of money to develop hydro 2,000 global scene in the late 1990s, so on in 2012 it became the largest to a halt as utilities turned to nu- nanced nearly $44 billion worth of kilometers deep in the Tibetan too did its dam-building indus- hydropower plant in the world, clear power and opposition grew hydropower projects globally sin- plateau,” said Frank Yu, an analyst try. “Since the turn of the century, generating 22.5 gigawatts. Two from farmers, environmentalists ce 2000, according to researchers with Wood Mackenzie Ltd. “The the country has more than qua- more massive projects, the 6.4-gi- and Native Americans. Last year, at Boston University’s Global De- future of hydro is going to be drupled its installed capacity and gawatt Xiangjiaba and the 13.9-gi- hydroelectricity provided 6.6% of velopment Policy Center. pumped storage and is also going accounted for over half of global gawatt Xiluodu, were completed U.S. power supplies, according to “Chinese hydro companies to be smaller and smaller. hydropower growth,” said Samuel in 2014 on the Jinsha River, whi- the Energy Information Adminis- are investing heavily in other China’s dam-building era be- Law, an analyst for the Internatio- ch feeds into the Yangtze. Along tration. countries in South Asia, South gan in the 1950s, soon after the nal Hydropower Association. with Wudongde and Baihetan, the China hasn’t completely run East Asia, Africa and Latin Ame- Communist Party gained power, The modern mega-dam buil- 1,200-kilometer stretch of water out of space for hydro. There are rica,” said GlobalData’s Vyakara- but it reached a crescendo in the ding period began in earnest with will have five of the 10 largest hy- plenty of sites for smaller 1-to- nam. MDT/BLOOMBERG www.macaudailytimes.com.mo page 7 mon 06.07.2020 中國 CHINA

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advertorial White House considering next steps over Hong Kong law RESIDENT Donald Trump Toomey, who co-sponsored Phas yet to sign legislation the Senate version with De- that would impose sanctions mocrat Chris Van Hollen of on certain Chinese officials Maryland. over Hong Kong, but other mo- The Senate approved its bill ves against Beijing are possible by voice vote last week, but it before long. was modified slightly in the An administration official House and had to be passed told reporters early Saturday again by the Senate. that Trump is considering two The legislation provides for or three actions against China, sanctions against financial with a high probability some- institutions working with Chi- thing could be unveiled soon - nese officials who are determi- more likely in days than weeks. ned by the U.S. to be interfe- The official didn’t specify what ring in Hong Kong affairs. It re- the actions might be or provi- quires the State Department to de other details. report to Congress every year The Senate gave final appro- about officials who seek to un- val on Thursday for the Hong dermine the “one country, two Kong Autonomy Act, which systems” model that applies would impose sanctions on to Hong Kong. It gives the pre- Chinese officials cracking sident the power to seize the down on dissent in Hong Kong, assets of those individuals and after the House unanimously block their entry to the U.S. signed the bill on Wednesday. The law gives banks a kind Trump could sign or veto of year-long grace period to the bill; the White House hasn’t stop doing business with en- given a signal either way. tities and individuals the State The House and Senate mo- Department determines to be ved quickly to enact the legis- “primary offenders” when it lation after the Chinese gover- comes to undermining Hong nment imposed a new natio- Kong’s autonomy. After that nal security law in the territory period, the Treasury Depart- that critics say is aimed at ment can impose a variety squashing protests against the of penalties on those institu- government and could lead to, tions, including barring top in some cases, life imprison- executives from entering the ment. U.S. and restricting the ability The legislation has been to engage in U.S. dollar-deno- a high priority for members minated transactions, accor- of both parties, who’ve been ding to Toomey. joining forces on measures to The sanctions would apply pressure the government in to Chinese banks as well as Beijing on trade and human Chinese subsidiaries of U.S. rights. banks, Toomey said during a “I have no doubt that the conference call with reporters. president will sign it and I’m He indicated it would mostly confident that it will be pro- affect the largest Chinese len- perly enforced,” said Pennsyl- ders that do business with the vania Republican Senator Pat U.S. BLOOMBERG

Southern China braces for more storms wide swath of and the cities of recent days, the ne- A southern China Shanghai and Chon- twork said. is bracing for more gqing. Heavy to tor- Nationwide, floo- seasonal rains and rential rains were ding-related disas- flooding that state forecast into this af- ters have destroyed media said has al- ternoon. 17,000 homes, cau- ready left more than Footage on state sed 41.6 billion yuan 120 people dead or broadcaster CCTV (47 billion patacas) missing this year. showed flooded in economic losses The National Me- streets and far- and left 121 people teorological Center mland in Anhui pro- dead or missing so raised the weather vince. To the south far this year, the of- alert to yellow yes- in Jiangxi province, ficial People’s Daily terday morning, more than 8,000 newspaper said in the third highest of people have been a social media post, four warning levels, evacuated and 54 citing the Ministry for more than half houses collapsed of Emergency Ma- a dozen provinces after rainstorms in nagement. MDT/AP page 8 www.macaudailytimes.com.mo WORLD 國際 06.07.2020 mon

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AP PHOTO this day in history

1997 Mars buggy starts exploring Red Planet Nasa scientists have freed a robot from the space probe Mars Pathfinder, allowing it to begin its explora- tion of the Red Planet at last. The rover, known as Sojourner, has been stuck on Pa- thfinder since its successful landing on Mars two days ago. It is the first time a man-made craft has travelled over the surface of another planet. Pathfinder quickly sent back the evidence: an image of the Martian surface showing the tracks made by So- journer’s six studded titanium wheels. The problem began when a partially-deflated airbag blocked Sojourner’s way out of Pathfinder. Then the computers on board the probe and the rover failed to talk to each other. Finally, at 0646 BST (0546 GMT) there was a break- through. COVID-19 Flight director Chris Salvo announced to the waiting team at the Jet Propulsion Laboratory in California: “Six wheels on the ground.” There was an ecstatic cheer from the 70-strong team. But they will now have to wait another day for the first high-resolution pictures because an hour af- English pubs reopen but little ter the vehicle moved off the ramp, the sun went down and the rover was left parked until the next Martian morning. The Sojourner is a tiny robot, about the size of a brea- normal elsewhere in the world d-bin and weighing just 22 lbs (10 kg). It travels on six T least two U.S. se- WHO was imperfect and said responsibility.” He did not di- covered by the AP does not wheels, each of which can move independently to cope nators said yester- the U.N. health agency shou- rectly address the comments support the narrative of ei- with the uneven Martian terrain. day [Macau time] ld stand up more forcefully made by WHO officials in the ther China or the U.S., but Most of the power is provided by solar cells on the that China hid to powerful countries like recordings. instead portrays an agen- roof, and there is also a battery power pack for backup. dataA from the World Heal- China. Canadian Prime Minister cy urgently trying to solicit It is controlled remotely from California, millions of th Organization that could “I do think the WHO has Justin Trudeau said AP’s re- more data despite limited miles away. have altered the course of to be very careful in not porting raised critical issues authority. The Pathfinder probe had a near-perfect landing on 4 the coronavirus outbreak, being so conciliatory to Chi- about how the outbreak was In one internal meeting, July - America’s Independence Day - in the Ares Vallis, even as a Chinese official na,” he said. handled. the WHO’s top China repre- an ancient channel on Mars that may once have held denied delays in sharing in- Senator Rick Scott said “I think there are many sentative acknowledged the water. formation and said the go- that instead of exposing Chi- questions that need to country was only providing The first reading sent back was of the temperature - vernment acted openly and na’s failure to share informa- be asked about the World outbreak information with a freezing minus 93 degrees C. The probe has also sent back some astounding pic- transparently. tion, WHO officials praised Health Organization, about the U.N. health agency about tures of the barren, rock-strewn surface. They were referring to the country’s response to the China and other countries’ 15 minutes before it appea- It showed massive dust storms in the pink Martian an Associated Press investi- coronavirus. behaviors through this,” red on state-owned China sky, one raging just 600 miles (950 km) south of the gation published this week The AP found significant Trudeau said. “The World Central Television. landing site. delays by China in the ear- Health Organization re- Several British Conser- that found China stalled on The mission is being followed avidly by millions on the ly stages of the coronavirus mains a truly important vative politicians known for providing critical corona- internet through the official Mars Pathfinder website. virus information to WHO, outbreak that compromised ally...but there are many their hawkish views on Chi- There is particular interest in what it may find following which expressed conside- the WHO’s understanding of questions that need to be na also cited the AP story. the controversial announcement by Nasa last August rable frustration in private how the disease was sprea- answered going forward.” In a tweet, former Cabi- that it had found evidence of life in a Martian meteorite. even as it praised the country ding, according to internal At the White House, a se- net minister Owen Paterson in public. Politicians said the recordings of WHO mee- nior Trump administration tweeted called it a “shocking Courtesy BBC News report raised key questions, tings, documents and in- official maintained that Chi- report.” Paterson noted the and public health experts terviews. The AP uncovered na pressured the WHO to finding that in the week after said it shed light on a story evidence that China sat on mislead the world when the three Chinese government that has become highly po- releasing the genome of the virus first emerged. labs and one commercial lab liticized. virus for more than a week “The WHO’s complicity had all sequenced the virus In context At a press briefing on after three government labs with China to cover up the but could not share it publi- Wednesday, Zhao Lijian, a had fully decoded it. source of the virus violated cly, 600 more people were Although Sojourner was designed to operate for just spokesman for China’s Mi- The recordings of meetin- the organization’s own re- infected. one week, in fact it kept exploring Mars for nearly three nistry of Foreign Affairs, cal- gs throughout January ob- gulations,” the White House Suerie Moon, a global months. It covered more than 50,000 square yards (42,000 tained by the AP showed the staffer said. health academic at the Gra- led the AP report “seriously square metres) of territory around Pathfinder’s landing inconsistent with the facts.” WHO was kept largely in the The WHO declared the duate Institute of Internatio- site and sent back 550 images of the Martian surface. He read off a timeline of dark, while its public com- coronavirus outbreak to be a nal and Development Stu- Pathfinder itself also took thousands of pictures. events that did not contra- mendations of China were global emergency on January dies in Geneva, called the AP They revealed new information about geological fea- dict the AP’s findings and likely aimed at trying to coax 30, its highest level of alert. report “a huge public service tures on Mars and provided compelling evidence that the planet once contained liquid water and was warm more information out of offi- Numerous Western coun- in uncovering what happe- added that China had always and wet, like the Earth. maintained “close and good cials. tries, including the United ned in January.” The Mars Global Surveyor, which arrived in September communication and coope- Director-General Tedros States, did not make serious “It does show the Chine- 1997, was also a success, providing tantalising hints of ration with WHO.” Adhanom Ghebreyesus prai- preparations for the virus’ ar- se government is a powerful possible water beneath the surface. WHO officials refused to sed the Chinese response in rival for months. stakeholder in WHO,” said However, the next missions, Mars Climate Orbiter and the Mars Polar Lander in 1999, were costly failures, put- public as “very impressive, In recent weeks, U.S. Pre- Moon, who sat on an inde- answer repeated questions ting the future of Mars exploration in doubt. from international journa- and beyond words.” sident Donald Trump has pendent panel evaluating Then in 2001, the Mars Odyssey revived Nasa’s fortunes lists about the AP report, but Zhao said he was unfa- repeatedly blasted the WHO the WHO’s flawed response with a remarkable geological map of the planet which they did not question its ac- miliar with the internal in- for allegedly colluding with to the 2014-16 Ebola ou- transformed our knowledge of what Mars is made of. curacy. formation cited by AP. But China to hide the extent of tbreak in West Africa. The European Space Agency put the Mars Express into orbit around Mars in December 2003. he said “the facts and data the outbreak, saying the U.S. “I do think Tedros’ praise Ami Bera, chairman of the In 2004, Nasa’s Mars rovers, Spirit and Opportunity, U.S. House Foreign Affairs are in plain sight” and that would be cutting its ties with was excessive,” Moon said. discovered compelling evidence for the prolonged pres- subcommittee that focuses China acted “with openness, the organization. “But there was a clear objec- ence of water on the planet’s surface. on Asia, acknowledged that transparency and a sense of The new information un- tive behind it.” AP www.macaudailytimes.com.mo page 9 mon 06.07.2020 資訊／娛樂 INFOTAINMENT

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YOUR STARS The Born Loser by Chip Sansom

Aries Taurus

Mar. 21-Apr. 19 Apr. 20-May. 20 You have shown amazing Someone has been desperately patience with someone who trying to get your attention, but seems to be making the same you have been so busy focused on mistakes over and over again - other things that you haven’t slowed despite their promises that they down to notice them by the side of would stop. the road, trying to flag you down.

Gemini Cancer

May. 21-Jun. 21 Jun. 22-Jul. 22 This is a day that offers a lot of You have the ability to help the great starts and beginnings, but people you care most about today, there will be no follow through on so use it! And don’t worry - it any of them - you are going to be won’t be difficult to make some just too busy to help lead things major changes start happening into a formative phase. for others. SUDOKU WEATHER Leo Virgo MIN MAX CONDITION Jul. 23-Aug. 22 Aug. 23-Sep. 22 Easy Easy+ CHINA Today, teamwork will only be Everyone has two sides to their Beijing 30 cloudy effective if you put in your fair personality (at least), so today 18 share of ideas. Do not hide if someone is getting on your Harbin 12 23 thundershower behind the camouflage of other nerves, focus on the part of people, hoping their involvement their personality that is most Tianjin 20 28 cloudy will be enough to get things done. compatible with yours. Urumqi 22 33 cloudy Xi’an 37 clear Libra Scorpio 22 Lhasa 10 20 drizzle Sep.23-Oct. 22 Oct. 23-Nov. 21 Chengdu 19 34 cloudy It’s not universally true that There is some unpredictable Chongqing 21 33 clear opposites attract, but you’ve energy flying around your been noticing some hot magnetic environment today, so beware. Kunming 15 29 shower energy between two very Nothing is for certain, and Nanjing 28 moderate rain different (and very single) people nothing is going to be written in 22 in your life. stone. Shanghai 22 26 heavy rain Wuhan 23 31 drizzle Sagittarius Capricorn Medium Hard Hangzhou 22 25 heavy rain Nov. 22-Dec. 21 Dec. 22-Jan. 19 Taipei 25 30 drizzle Don’t worry about losing your One of your long lost friends is going Guangzhou 25 31 moderate rain edge of falling under the spell of to reappear on the scene very soon, your couch. Just because you’re and they will offer you a missing Hong Kong 28 32 cloudy not running around crossing link that will connect you to several things off your list doesn’t mean opportunities - including greater that you aren’t getting things done. wealth and a hotter romance. WORLD Aquarius Pisces Moscow 13 18 drizzle Frankfurt 9 18 drizzle Jan. 20-Feb. 18 Feb.19-Mar. 20 Paris 11 18 drizzle The best kind of wisdom comes Tiny details have lives of their from people who know you well, own, and if you don’t watch them London 9 19 drizzle so if you are feeling the urge to carefully, they’ll take you in all the start a new relationship with one wrong directions. Timing may be an New York 21 31 moderate rain of your old relatives, then you obstacle to overcome, so be aware shouldn’t wait to get started. that last minute delays are possible.

CROSSWORDS USEFUL TELEPHONE NUMBERS

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MACAU’S LEADING NEWSPAPER

ALFRED LIU

SBC Holdings Plc pledged to boost in- vestments in China to HSBC pledges more investments capture more wealth Hand retail clients even as politi- cal tension escalates after Beijing launched sweeping new security in China as tension escalates legislation to crack down on Hong nced in June the kick off of a long Kong. anticipated program called Weal- The bank, which has come AP PHOTO th Management Connect, which under fire over its support for the will allow residents in Hong Kong, legislation, has announced a new Macau and southern China to in- service to provide customers in vest across the border. mainland China with digital weal- HSBC’s push for wealthy clien- th and insurance planning servi- ts dovetails with Chief Executive ces. It will initially cover new cus- Noel Quinn’s plan to deploy more tomers in Guangzhou and Shan- resources into Asia as the group ghai, according to a statement. cuts jobs and underperforming The bank is also establishing a businesses in Europe and the U.S. fintech company to support its as part of a massive overhaul. business. In a statement on its official At a time of increasing political WeChat account last month, the turmoil, China’s rapidly growing London-based bank pledged to middle and upper class is still continue to invest and support the grand prize for banking gian- the Chinese economy after the ts across the world, with hou- local media reported that its seholds sitting on about 90 trillion layoff plan means that HSBC yuan in investable assets. Firms may put an end to its China bu- from UBS Group AG to Nomura siness. Holdings Inc. and Credit Suisse Earlier this year, HSBC com- Group AG have identified wealth pool and one of the world’s largest the world’s most populous nation. nese officials cracking down on bined its retail banking and management as a prime focus for insurance markets,” said Greg The bank last month endorsed dissent in Hong Kong. The bill wealth management, and pri- their onshore businesses amid a Hingston, HSBC’s head of wealth China’s new security law and is heads to President Donald Trump vate banking businesses with market opening. and personal banking in Asia-Pa- now drawing further criticism as for his signature or veto. $1.3 trillion in assets. Its pri- “These new investments mark cific, said in the statement. the broad scope of the legislation While authorities in Beijing are vate banking unit said in Mar- HSBC’s continued efforts to cap- London-based HSBC, which was unveiled this week. moving to quell dissent, they are ch that it targets to triple the ture high-growth opportunities makes a bulk of its revenue in Asia, The U.S. Senate last week gave also opening up more business in number of billionaire clients in in Asia, particularly in mainland is walking a political tightrope in final approval to legislation that Hong Kong. Regulators including Greater China in the next three China, the region’s biggest wealth its attempts to further push into would impose sanctions on Chi- the People’s Bank of China annou- years. BLOOMBERG

ad Trudeau suspends Hong Kong the extradition treaty on China law BUZZ Prime Minister Justin Trudeau is suspending Canada’s extra- risdictions around the world including the U.S., Europe and dition treaty with Hong Kong, making it the first country to Australia. break law enforcement links with the former British colony “Canada is a firm believer in the one country, two system fra- since China tightened its control over the territory. mework,” Trudeau told reporters near Ottawa. “We will con- Trudeau announced the measures at a press conference, tinue to support the many connections between Canada and joining allies in efforts to sanction China. Steps will include Hong Kong, while also standing up for its people.” a ban on the export of sensitive military equipment to Hong Trudeau said Canada will look at additional measures in the OPINION Kong and a new travel advisory warning of the impacts of new coming days and weeks, including around immigration. He security legislation. didn’t give details. Hong Kong is home to about 300,000 Ca- World Views Hong Kong has extradition pacts with 30 countries and ju- nadians. Noah Smith, Bloomberg

Balkanization is bad for Iran yesterday instituted Facebook’s business mandatory mask- wearing as fears mount AP PHOTO The internet, once a freewheeling global network, is over newly spiking becoming balkanized into national spheres of influen- reported deaths from the coronavirus, even ce. This could be bad for both cross-cultural communi- as its public increasingly cation and U.S. tech companies. shrugs off the danger of China has long protected its local internet, censoring the COVID-19 illness it speech behind what has become known as the Great causes. Firewall. The government blocks U.S.-based services such as Google, Facebook and Twitter, and closely monitors the local Chinese versions. Other authorita-

rian and quasi-authoritarian countries -- Iran, Turkey, AP PHOTO Pakistan, Vietnam, Ethiopia – do the same. And Russia recently passed a so-called sovereign internet law that makes it much easier for the government to monitor and control online content. Now democracies may be joining in. India just ban- ned 59 of China’s largest internet apps, including social Israel As scandal- video sharing service TikTok, reflecting rising tensions plagued Prime Minister between the two giant Asian countries. It has also shut Benjamin Netanyahu off internet to regions experiencing government crack- stands trial for downs or unrest, such as Jammu and Kashmir in 2019. corruption, his 28-year- In Europe, major rules such as the General Data Protec- old son, Yair Netanyahu, tion Regulation are forcing internet companies to ope- has emerged as a driving rate differently in different regions. Though this doesn’t force in a counterattack against critics and officially ban or censor U.S.-based sites like Facebook, the state institutions it does present an obstacle that could end up inhibiting prosecuting the longtime the flow of information. Israeli leader. This was probably inevitable. Different cultures per- Kanye West says he’s ceive concepts such as privacy differently. And as U.S. Turkey The death toll global hegemony gives way to a more multipolar world, from a massive explosion countries are going to assert their sovereignty by refu- running for president, in a fireworks factory in sing to play by U.S. rules. Further unrest, like the pro- Turkey has increased tests that rocked the world in 2019 or tensions between to six. The governor of countries such as China and India, are likely to accele- Twitter explodes Sakarya in northwest rate the trend towards digital division. Turkey announced two This could be tough on U.S. tech companies. Face- DEREK WALLBANK At the moment, West A week ago, Gap Inc. new deaths and said book, Twitter, Instagram and YouTube don’t owe their doesn’t appear to have fi- shares surged the most rescue teams were still profitability to superior technology, other than some ANYE West says he’s led forms with the Fede- in at least 40 years after searching for one more techniques for managing large amounts of user data. running for president. ral Election Commission it revealed a partnership person after Friday’s K explosion. They make money because they have a lot of eyeballs It’s not clear if the musi- to run for office, accor- agreement with the hea- to which they can deliver advertisements. cian is serious, or if this is ding to a Bloomberg re- d-turning rapper and And they have those eyeballs because of network ef- a publicity stunt for him- view of FEC data. designer. West, whose fects. It’s easy to make a Twitter clone -- Gab tried it a

self or a project unrelated West, 43, has talked AP PHOTO while ago, and a new entrant called Parler is trying it sneaker line with Adidas now. But it’s incredibly hard to get people to switch, to the presidency. about running for presi- AG routinely sells out, because the first people who make the jump will find West’s Saturday night dent for years, and last will work with the stru- themselves mostly alone, with everyone they know and Twitter post instantly year told an audience he’d ggling apparel company want to read still back on Twitter. Similarly, people use went viral, with more than run for president in 2024. on a new line for men, Facebook, Instagram, Snapchat, and other social me- 100,000 retweets within He and his wife, Kim women and kids called France Paris police dia services because everyone else does. the first hour. Yeezy Gap. blocked anti-racism Captive advertising targets translate into enormous West has Three days groups from leading a profits. Facebook, Inc., which dominates the social me- 29.4 million We must now later, Coty Inc., “de-colonial tour” of dia landscape, has a profit margin that typically ranges followers the owner of Paris on Sunday to call between 20% and 40%. Its market cap as of early July realize the promise of on Twitter. Max Factor and attention to monuments was about $647 billion, or 2.6% of the entire S&P 500. and streets honoring ‘Kanye’ qui- Covergirl, rea- Regional balkanization, though, slices through ne- America by trusting God, historical figures tied twork effects. If services like Facebook are banned in ckly became ched an agree- to the slave trade or some countries and heavily restricted in others, users the number unifying our vision and ment to buy colonial-era abuses. will have less company. Most people’s contacts and one trending building our future. I am a 20% stake friends will tend to be in the same country, but not all. term on Twit- in Kardashian US Baltimore protesters And outright bans will cut some services off entirely ter in the U.S. running for president West’s beauty pulled down a statue of from huge markets like China, while restrictions like If West is business for Christopher Columbus and threw it into the GDPR will force them to invest in expensive localiza- serious, the- of the United States ! $200 million city’s Inner Harbor on tion. re is a long #2020VISION - valuing the Saturday night. Protesters This is an unfortunate side effect of nationalism and list of hur- business at unrest. But it’s also reason to worry about a technolo- mobilized by the death dles toward — YE (@KANYEWEST) JULY 5, 2020 $1 billion. of George Floyd at the gy industry whose profitability stems mostly from ne- running that hands of police say twork effects, not know-how. Actual innovations, like West, who told the Italian explorer is Intel Corporation’s semiconductor manufacturing pro- would be nearly insur- Kardashian West, have Trump the Adidas deal mountable for most can- worked with President made him a billionaire, responsible for the cesses, Amazon.com, Inc.’s cloud computing systems, genocide and exploitation didates, including star- Donald Trump a num- also promptly crowned or Google LLC’s machine learning algorithms give the- of native peoples in the se companies some clout: if a country decides it doesn’t ting a campaign from ber of times including on his reality TV star wife Americas. want to buy Intel’s chips, it will suffer a real economic scratch in July of an elec- the release of prisoners. with the same status penalty. But if a country decides to create its own Face- tion year. He would need West donned a red “Make following the deal. Brazil President Jair book clone, it will lose little, while Facebook’s American to qualify for ballot ac- America Great Again” hat Tesla Inc. CEO Elon Bolsonaro attended a owners and workers will lose a lot. cess across 50 states and for a meeting with Trump Musk, who previously su- U.S. Independence Day A free and open global internet may one day ree- the District of Columbia, in the Oval Office in 2018. pported former Demo- celebration in Brazil’s merge. In the meantime, U.S. companies and policy capital Saturday at which as well as build a presi- Meanwhile, the re- cratic candidate Andrew makers should think about how to invest in products participants declined to dential-grade political or- tweets continue to pile whose value isn’t so subject to the whims of foreign au- Yang, quickly said he was wear face masks, one day thorities. ganization from scratch up, pointing to their in- on board. “You have my full after he vetoed obligatory without the support of a fluence both in entertain- support!” he responded to use of masks in private party infrastructure. ment and even business. West’s tweet. BLOOMBERG settings.