Katyusha News Reference ——March 25, 2021

Ⅰ. The New Federal State of China News

1. U.S. Senator Marco Rubio (R-FL) introduced the Federal Acquisitions and Contracting Transparency (FACT) Act to require federal contractors to disclose any existing contracts with the Chinese Government and Communist Party, military, or Chinese state-controlled or -directed entity. Contractors would also be required to disclose any new contracts with entities of concern throughout the duration of their contract with the federal government.

2. U.S. Senator Marco Rubio (R-FL) reintroduced the Preventing SBA Assistance from Going to China Act, which would block all assistance offered by the Small Business Administration (SBA) from going to citizens of the People’s Republic of China (PRC).

3. A top official of Taiwan’s military acknowledged on Thursday that Taiwan has initiated mass production of long-range missiles capable of striking mainland China.

4. Chinese Communist authorities has announced retaliatory sanctions Friday on nine British individuals and four entities for “maliciously spreading lies and disinformation” about its Xinjiang region.

5. Public confidence in the state of Hong Kong’s democracy, rule of law and stability have fallen significantly in the past month, according to the latest findings of the Hong Kong Public Opinion Poll released Tuesday.

6. There is growing concern in India about the recently discovered double mutant of a CCV pathogen. A combination of the British variant and the South African variant is spreading across South Asian countries.This dual variant has been reported to be more infectious and, most importantly, resistant to most available vaccines.

7. Major dual-listed Chinese technology shares trading in Hong Kong were hammered on Thursday as fears some companies could be de-listed from U.S. stock exchanges resurfaced.

8. Turkish Foreign Minister Mevlut Cavusoglu said on Thursday he conveyed Turkey’s “sensitivity and thoughts” about Uighur Muslims to Wang Yi during talks in Ankara, amid protests in Istanbul.

9. The top diplomat for the nation of the Philippines, Foreign Affairs Secretary Teodoro Locsin, Jr., reportedly urged the country’s Senate on Wednesday to embrace a mutual defense treaty between the nation and the United States to involve the American military in its ongoing territorial conflict with China.

10. In a Thursday press conference at the Chinese embassy in Washington, Hua Chunying, deflected questions regarding recent boycotts on big name brands like Nike, Adidas and H&M after the U.S., under President Trump, banned cotton imports from Xinjiang in January, and defended itself on human rights by pointing to US history on slavery

11. China Mobile, the world’s largest telecommunications company by subscribers, said on Thursday it is studying the possibility of listing its shares on a mainland stock market, just weeks after it was delisted from the New York Stock Exchange.

12. CCP’s push to develop fuel for a new generation of nuclear power reactors will produce large amounts of materials that could be diverted to making nuclear weapons, non-proliferation experts said on Thursday.

13. CCP proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as monitoring and information sharing. The CCP appears to be vying for the right to have a say in the standards for the use of digital coins.

14. Australia’s ambassador to Beijing Graham Fletcher has reportedly described China as a “vindictive” and “unreliable” trading partner as Australian officials revealed steep declines in most exports to the nation’s most important market.

15. New satellite images obtained by The New York Times show that China has allowed the New Konk and similar tankers to use its infrastructure and territorial waters to smuggle oil into North Korea, undermining international sanctions. The U.N. Security Council asks member states to impound vessels within their territory that are believed to be involved in sanctions violations.

16.  88.2% of the respondents oppose the “one country, two systems” solution for Taiwan proposed by Beijing, according to a poll released by Taiwan’s Mainland Affairs Council on Thursday. More than 75.5% of respondents supported the government’s call for China to stop suppressing Hong Kong’s democratic freedoms.

II World News

1. The U.S. and Taiwan signed an agreement intended to boost cooperation between their coast guards, in a move to push back at China’s increasingly assertive maritime activities. The move marks the latest effort by the U.S. to counter China’s use of its coast guard and civilian fishing militias to assert its territorial claims.

2. North Korea has tested a new “tactical guided projectile” with a solid-fuel engine, state media said Friday after the nuclear-armed country carried out its first substantive provocation since US President Joe Biden’s inauguration.

3. After a day of “silent protests” in many cities in Myanmar, demonstrators took to the streets for demonstrations to continue their protest against the ruling military junta on Thursday.

4. Russia’s parliament passed a bill Wednesday allowing Vladimir Putin to run for president again when his current tenure expires in 2024, the Tass news agency reported.

Himalaya Moscow Katyusha(RU)YinHe

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