| HONG KONG EDITION Tuesday, August 11, 2020 | 3 TOP NEWS Leadership: Contributions Rushing waters Apps: Doubt of China witnessed by world raised about

From page 1 has made contributions to the financing to development of the world through The results moved China up 5 the Belt and Road Initiative, said points from Edelman’s annual Salah Adly, general secretary of buy TikTok Trust Barometer survey in January, the Egyptian Communist Party. which also ranked the country at From page 1 the top. The US finished next to last Way out of poverty with 48 percent. Under the leadership of the On Thursday, the White House China’s Foreign Ministry has said CPC, China’s path of socialism issued an executive order that that US officials’ attempt to drive a with Chinese characteristics has would bar people in the US from wedge between the Chinese people been the way out of poverty and transactions with TikTok’s owner, and to create a united front to curb backwardness for the 1.4 billion Beijing­based ByteDance, and with China will not succeed. Chinese people, and it has enabled the messaging service WeChat and State Councilor and Foreign Min­ the Chinese nation to make impor­ its owner, China’s Tencent Holdings. ister Wang Yi recently told Xinhua tant contributions to the progress The order is scheduled to take effect that the relationship between the of mankind. 45 days from Aug 6. CPC and the Chinese people is as China is the largest contributor of While a potential TikTok ban is close as between “fish and water” peacekeepers among the five per­ proving unpopular with many of its and between “soil and seed”. manent members of the United users, a WeChat ban likely would “Those who attempt to break this Nations Security Council and has have far more impact. strong bond are making themselves been contributing to the peaceful WeChat has more than 3 million enemies of the 1.4 billion Chinese settlement of the Korean Peninsula users in the US, mainly Chinese immi­ people,” he said. “We hope that the nuclear issue, the Iranian nuclear A helicopter flies over Hukou Waterfall on the Yellow River in Linfen, Shanxi province, on Sunday. grants of all ages who use it to com­ US will respect China’s social system issue and other regional and inter­ Hukou Waterfall reopened to tourists on Monday, after torrential rain hit the province that caused the municate with each other and with and the Chinese people’s choice and national hot spots, as well as the river to flood. ZHANG DAN / FOR CHINA DAILY people back home in China, where its give up its failed interventionism.” response to climate change and oth­ billion users there make the app “as er global challenges. powerful as , WhatsApp, and Own development path In recent years, it has contributed Facebook combined in the US”. China has made it clear that it over 30 percent of the world’s eco­ does not replicate any model from nomic growth, and was an impor­ Far more impact other countries, nor does it export tant player in the international Trump likely hasn’t considered the its own to others. It insists that response to the financial crisis in 11 in US sanctioned for effect a WeChat ban could have on his success of its development path is Asia and the global financial crisis. Chinese supporters, according to an not a blow and a threat to the All these facts have been wit­ opinion piece published on Saturday Western system and path as dif­ nessed by the world. Before the on influential tech website Wired. ferences in systems should not 99th anniversary of the founding “We Chinese supporters found lead to a zero­sum game, but of the CPC on July 1, more than Hong Kong meddling one another in 2016 mainly on should coexist peacefully. 100 foreign political parties sent WeChat,” said Jack Jia, a jewelry President Xi Jinping, who is their congratulations to Xi and the designer in New York and the also general secretary of the CPC CPC Central Committee, lauding Foreign Ministry spokesman calls on Hong Kong only targets very few founder and president of Chinese Central Committee, has said on its glorious history and China’s criminals who seriously under­ American Alliance for Trump, an various occasions that the Party’s great achievements. Washington to stop SAR interference mine national security and pro­ organization that mainly operates fundamental missions are to seek The European Left party said in tects the overwhelming majority, on WeChat. well­being for the people and real­ its congratulatory message that the By WANG QINGYUN President of Freedom House Mich­ which is Hong Kong residents who “I won’t vote for him again if he ize the great rejuvenation of the CPC has long secured peace and [email protected] ael J. Abramowitz. obey the law, said. bans WeChat,” said Cheng Zeng, Chinese nation. development and upheld people­ Hong Kong affairs are purely Referring to US Health Secretary who runs an agency serving interna­ China unswervingly sticks to the centered principles. China has decided to impose China’s domestic affairs, in which Alex Azar’s visit to Taiwan, Zhao tional students. “If he bans WeChat, path of peaceful development, Xi The Communist Party of France sanctions on 11 people in the Unit­ no foreign forces have a right to said on Monday that China has it’d be like he makes us Chinese said, and it has been and will be a said that China is now, under the ed States who have been behaving interfere, Zhao said at a daily news lodged solemn representations Americans blind and dumb.” champion of world peace, contrib­ leadership of the CPC, striving to egregiously on Hong Kong­related conference, urging the US to clear­ with the US over the visit. It isn’t clear what TikTok’s US utor of global development and achieve high­quality growth, build issues, in response to US sanctions ly understand the situation, correct The visit seriously violated the operations are worth, but estimates supporter of international order. a moderately prosperous society in on 11 Chinese officials, Foreign its wrongdoing and immediately commitment the US has made on run into the tens of billions of dol­ The CPC has not only sought to all respects and realize the aspira­ Ministry spokesman Zhao Lijian stop its meddling. the Taiwan question, which is the lars. That has raised questions over serve the Chinese people, but also tion of the people to live a better life. said on Monday. Since Hong Kong’s return to Chi­ most important and most sensitive how Twitter would finance such a The people targeted by China’s na, “one country, two systems” has issue in China­US ties, Zhao said. deal — Twitter’s market capitaliza­ sanctions include Senators Marco obtained universally acknowl­ The one­China principle is the tion is about $29 billion, while RIGHT TRACK Rubio, Ted Cruz, Josh Hawley, Tom edged success, and Hong Kong res­ political foundation of China­US Microsoft’s exceeds $1.6 trillion. Cotton and Pat Toomey and Repre­ idents have enjoyed democratic ties, Zhao said, urging the US to “Twitter will have a hard time put­ sentative Chris Smith. rights never seen before and fully observe the principle and the ting together enough financing to Also under sanctions are Presi­ exercised all kinds of freedoms, three China­US joint communi­ acquire even the US operations of China’s CPI rises 2.7% dent of the National Endowment Zhao said. ques, sever any kind of official TikTok. It doesn’t have enough bor­ for Democracy Carl Gershman, “This is a fact which anyone contact with the Taiwan region rowing capacity,” said Erik Gordon, President of the National Demo­ without bias cannot deny,” he said. and handle Taiwan­related issues a business professor at the Universi­ as nonfood prices stall cratic Institute Derek Mitchell, In the meantime, the Hong cautiously and properly to avoid ty of Michigan. President of the International Kong Special Administrative serious damage to China­US “If it (Twitter) tries to put together By ZHOU LANXU Growth in China’s CPI Republican Institute Daniel Twin­ Region saw rising national securi­ cooperation in important areas an investor group, the terms will be (y-o-y, %) [email protected] 5 ing, Executive Director of Human ty risks, Zhao said. and peace and stability across the tough. Twitter’s own shareholders 4.3 Rights Watch Kenneth Roth, and The National Security Law for Taiwan Straits. might prefer that management focus 4 China’s drop in nonfood infla­ 3.3 on its existing business,” he added. tion indicates a slow recovery in 2.7 Twitter has far less financial 3 2.4 2.5 demand from the COVID­19 pan­ might than other major tech play­ demic, underscoring the need for 2 Liaison office: HK’s future lies with the ers, though it does have high­pow­ Beijing to ramp up efforts to bol­ 1 ered investors such as private­ ster domestic demand, analysts equity firm Silver Lake, which is 0 said on Monday. March April May June July interested in helping fund a poten­ Their words came amid the latest nation under ‘one country, two systems’ tial deal, a source told . Growth in nonfood prices report calling for deepening and (y-o-y, %) Twitter, because of its relatively refining policies to boost domestic By GANG WEN in Hong Kong US wants Hong Kong to be as chaot­ recover from the pandemic and smaller size, also has privately 0.8 0.7 demand and consumption, deliv­ 0.7 [email protected] ic as possible and to profit from it. prosper with the nation, the spokes­ made a case that its bid would face ered by He Lifeng, minister of the 0.6 For the US, Hong Kong is “a beau­ person said. less regulatory scrutiny than Micro­ National Development and Reform 0.5 0.4 0.4 Hong Kong’s future is inextricably tiful sight to behold” only if it is The office also voiced support for soft’s and will not face pressure Commission, China’s top economic 0.4 0.3 linked with the motherland under mired in chronic social unrest like China’s sanctions against 11 US poli­ from China because it is not active regulator. 0.3 the “one country, two systems” prin­ Ukraine, Iraq, and Syria, the spokes­ ticians and organization heads with there, a source said. More policies will be released to 0.2 ciple, the central government’s liai­ person added. “egregious behavior” on issues con­ Acquiring TikTok also would be unleash consumption potential in 0.1 0 son office in the special The spokesperson called on the cerning the Hong Kong SAR, includ­ a turnabout by Twitter on video­ 0.0 the rural areas, boost new business March April May June July administrative region said on Mon­ public to review its stance on exter­ ing senators Marco Rubio and Ted sharing apps. In 2016, the compa­ models to spur household spend­ Source: National Bureau of Statistics CHINA DAILY day, as it expressed support for the nal interference in Hong Kong Cruz. ny closed Vine, an app that let ing and accelerate the construction Foreign Ministry’s decision to sanc­ affairs. Although Hong Kong is a The spokesperson said China’s users share short videos, as part of of new types of infrastructure, He The slow recovery in consumer tion 11 US politicians and public fig­ highly international city, it should sanctions are proportionate to the a cost­cutting effort. said in the report submitted to the demand came as people remained ures in retaliation. not take a vague stance on matters US move, and stressed that China With nearly 85 million followers, Standing Committee of the Nation­ cautious about going out due to the The US Department of Treasury concerning national interests, which will never yield on matters concern­ Trump is Twitter’s most prominent al People’s Congress, the country’s lingering risk of contagion, while imposed sanctions on 11 incumbent brook no ambiguity, the spokesper­ ing sovereignty, security and devel­ user but he has lately criticized the top legislature, on Saturday. worsened prospects for income and former Chinese officials, includ­ son said. opment interests. San Francisco­based company for The measures will be critical for growth also dampened spending ing Hong Kong Chief Executive Car­ China’s fast development has pro­ A spokesman for the Hong Kong labeling or restricting some of his China to sustain its economic capacity, analysts said. rie Lam Cheng Yuet­ngor, on Friday vided strong support and a broad SAR government said in a Monday posts that it says violate its policies. recovery, given that weak demand According to Tang, to facilitate in what it called a move to show the arena for the SAR to thrive, the statement that the sanctions against Trump and conservative politicians has become a major drag on the recovery in demand, China’s United States “stands with the peo­ spokesperson added. the US figures are necessary to safe­ have regularly argued that Silicon growth momentum, as shown by macro policy will focus on provid­ ple of Hong Kong”. By leveraging the advantages of guard the interests of the nation. Valley is biased against them. weakening nonfood prices, ana­ ing stronger and more accurate Decrying this claim as hypocriti­ the “one country, two systems” prin­ The SAR government fully sup­ Twitter also recently started label­ lysts said. support to companies and house­ cal and ridiculous, a spokesperson ciple and national strategies such as ports the move and will facilitate its ing Chinese media “state­affiliated”, The year­on­year growth in non­ holds in need for the rest of the for the liaison office stressed the the Guangdong­Hong Kong­Macao enforcement in accordance with the a move seen as influenced by the food prices dropped for the second year. recent events have proved that the Greater Bay Area, Hong Kong will law, the statement read. Trump administration’s campaign straight month in July to zero, ver­ He of the NDRC said that the to ratchet up pressure on China’s sus 0.3 percent in June, the Nation­ country’s fiscal policy will be more government. al Bureau of Statistics said on effective with a bigger round of tax And in a business decision that Monday. and fee cuts for companies, while Cooling demonstrates the appeal of TikTok, “The rise in nonfood prices has monetary policy will be more flexi­ off Facebook’s Instagram is launching narrowed to the lowest level since ble and prudent to ensure reasona­ its own version — Instagram Reels. 2010, signaling a sluggish recovery ble liquidity and to further lower A ring­tailed lemur “Instagram has put a lot of effort in consumption amid the fallout of corporate financing costs. enjoys an ice pop in into developing Reels and making the COVID­19 outbreak,” said Tang Despite weakness in nonfood the sweltering sum­ it attractive to TikTok users and the Jianwei, chief researcher at the prices, the consumer price index, a mer heat at Yantai creators who work on the app, but Financial Research Center of Bank main gauge of inflation, grew 2.7 Zoo in Shandong I’m not sure it can replace TikTok,” of Communications. percent year­on­year in July, up province on Monday. said Seattle­area eMarketer analyst Demand remained especially from 2.5 percent the previous TANG KE / FOR CHINA DAILY Debra Aho Williamson. weak for travel, cultural consump­ month, the NBS said. “Even if TikTok were to be tion, sports, entertainment and The acceleration in consumer banned in the US, which I think is outdoor activities, Tang said. inflation was mainly driven by high­ unlikely to happen, users would In July, prices in the tourism sec­ er food prices, the bureau said, as find a way to keep using it,” she tor contracted by 4.3 percent from floods in some provinces temporari­ said. “They are incredibly loyal and a year earlier, while prices in trans­ ly affected the supply of pork and protective of TikTok.” portation and communication vegetables. dropped by 4.4 percent, according Reuters and AP contributed to to the NBS. Li Xiang contributed to this story. this story.