Elon Musk drew a stern rebuke from Taiwan’s Ministry of Foreign Affairs for asserting that Taiwan was an “integral part of China” and likening the self-ruling island to China’s Hawaii. Beijing’s policy “has been to reunite Taiwan with China,” he said in a live-streamed speech at the All-In Summit in Los Angeles earlier this week, adding that as an outsider of China, he “understand[s] China well,” having met with the “senior leadership at many levels of China for many years.” “From their standpoint, maybe it’s analogous to Hawaii or something like that, like an integral part of China that is arbitrarily not part of China mostly because the U.S. Pacific Fleet has stopped any sort of reunification effort by force.”...Read more https://www.theepochtimes.com/china/taiwan-hits-back-at-elon-musks-china-comments-says-island-not-for-sale-5491659
China’s recent property sector policy easing will likely generate demand, but the effect could wane within a few months as economic recovery struggles and homebuyers turn cautious, said Moody’s on Thursday, cutting the second-largest economy’s property sector outlook to negative from stable. “While the government has recently strengthened policy support for the sector, weaker economic growth prospects and concerns over on-time project completion and delivery will continue to weigh on homebuyers’ confidence and demand for the next 6–12 months,” according to the Moody’s report. Consequently, China’s property sector will continue to struggle, given that homebuyers’ lingering concerns have started reflecting renewed weakness in the residential property market....
While the Chinese Communist Party’s (CCP’s) military is conducting live-fire training drills, repeated remarks in military media reveal supreme commander Xi Jinping’s concern about the potential for mutiny and assassination by the armed forces once it is equipped with ammunition, political and military observers suggested. On Sept. 4, the People’s Liberation Army Daily (PLA Daily) published an article that said all military units are required to tighten the “safety valves” to secure the “safety foundation.” It quoted Mr. Xi as emphasizing that the “security and stability of the armed forces” is “a political task” and needs to “address conflicts at its roots” and “eliminate the pitfalls to the end.”...