Month: February 2019
Alipay, the country’s top mobile payment platform, announced on Tuesday a major anti-fraud u
pgrade on its application by teaming up with 26 public security departments nationwide.
The new function, dubbed “Security Guard”, allows users to set up related accounts among f
amily members or close friends. Should any abnormalities on transactions occur, the system would send
out alerts to all related accounts in order to prevent the fraud from materializing and minimize loss of funds.
“Security is the lifeline of Alipay, and we hope to fight fraud in a manner as harsh as dru
nk driving,” said Rui Xiongwen, vice-president of Ant Financial, Alipay’s parent company.
Alipay users can choose to delay payment for two hours or 24 hours and raise an alert
on the platform if they deem such transactions potentially misdirected or fraudulent.
The system has been linked to local public security authorities to help freeze any transaction
s in doubt. The money will be credited back to the user’s account if authorities determine fraud has been committed.
A number of local anti-fraud centers in cities like Beijing, Shanghai and Shenzhe
n also pledged to cooperate with Alipay on financial security education and anti-fraud alarming systems.
Sciences, a vaccine producer in Changchun, Jilin province, faked production records and used expired material for the production of rabies vaccines over the past four years.
The company was ordered to suspend production, and senior executives
were detained and face criminal charges. The company was ordered to pay fines of 9.1 bi
llion yuan ($1.3 billion) for violations, one of the heaviest fines imposed on a pharmaceutical company over the past few years.
Following the revelations, top officials vowed harsh penalties and reform of the vaccine super
vision system to eliminate loopholes. A new law on the management of vaccines was drafted for review.
Fang Laiying, former head of the Beijing Municipal Health Commission, said he has faith in the overall safety of drugs in Chi
na, but individual cases involving violations of the law can tarnish the image of the whole pharmaceutical sector.
“The government is intensifying its efforts in cases involving violations of drug safety laws, including severely puni
shing criminals and setting up strict accountability systems to improve supervision of the sector,” he said.
Gao, the CDC head, said major infectious diseases such as dengue fever and AIDS will continue to be the priority in disease prevention and control this year.
said Van Jackson, a former Defense Department official in the Obama administration.
”Historically, there have been many — I know of half a dozen instances myself personally — where senior North Korean officials were brought around and shown what capi
talist industrialism looks like. They were shown what the stock market floor looks like on the New York Stock Exchange, or they were brought out to so
me tech lab in Silicon Valley,” said Jackson, author of “On the Brink: Trump, Kim, and the Threat of Nuclear War.”
”We’ve shown them what capitalism looks like … the idea that they will see something in Vietn
am physically that triggers something different than what we’ve shown them before is kind of non
sense.”There’s something for both Washington and Pyongyang to like when studying the US-Vietnam relationship.
For North Korea, it’s an example of a single-party communist country that reformed its economy without democr
atizing. For the United States, it’s an example of how to redefine a relationship and make a buck at the same time.
In 1995 — the year Hanoi and Washington normalized relations — US exports to and imports from Vietnam were
worth just $252 million and $199 million respectively. However in the first 11 months of 2018, the US exported more th
an $8 billion worth of goods to Vietnam and imported goods worth $45 billion, according to US Census figures.
support a modern, progressive, global Britain that is very much a part of modern Europe. Cur
rently, both main say that they will deliver Brexit — albeit different versions of it. A new group in Parliament, free to vote and speak as they li
ke, can now make the case for a softer Brexit, or even a second vote, and do so in ways that could damage both the gove
rnment and the opposition.
But will they? That’s a crucial question. If the movement swells, it could create the mome
ntum for a second referendum and push one party or another (probably the Labour Party) to formally back such a vo
te. It could terrify Conservative Brexiteers into backing May on her deal. It could completely break the par
liamentary arithmetic and cause the UK to stumble into a no deal. It could force a general election in which all 11 los
e their seats. It’s very hard to tell.
But the main takeaway from this week is that these 11 MPs were so frustrated by t
heir own parties — for more reasons that just Brexit — that they needed to do something. And that it was now or never. T
hey were left with no good options because, right now, politics in the UK is spiraling out of control.