-------- Intense flooding batters southern China, forcing people to flee homes, crushing peoples’ livelihoods, and submerging farmlands. We spoke to locals about the situation.
The European Union is imposing significant tariffs on electric vehicles coming from China—with the rule taking effect this Friday. Meanwhile, Beijing is formulating trade rules against some key European exports in retaliation. The two sides are expected to hold talks amid the trade war.
Reports have emerged of Chinese authorities quietly shutting down some sellers of fentanyl precursors. Washington has been urging Beijing to do its part in curtailing the U.S. opioid epidemic.
Some foreign companies are reportedly considering pulling Taiwanese staff out of China. This comes after Beijing threatened the death penalty for anyone supporting Taiwanese independence.
00:00 Intro 00:58 Over 1 Million Affected by Severe Flooding in China 03:19 Southern China in Emergency Mode amid Flooding 04:07 Europe Slaps More Tariffs on Chinese Electric Cars 06:15 China Hints at Retaliation Against European Tariffs 07:16 Chinese EV's Made in Mexico Set to Flood The U.S. 07:50 Germany Blocks Sale of Turbine Business to China 09:02 China Closes Some Fentanyl Precursor Sellers: WSJ 10:14 Taiwan Reports More Chinese Military Activity 11:08 Firms Weigh Pulling Taiwan Staff Out of China -------- ⭕ Sign up for our NEWSLETTER and stay in touch: https://ept.ms/EpochTVNewsletter
Welcome to China In Focus. I'm Tiffany Meyer. Our top story. Intense flooding batters southern China,
forcing people to flee homes, crushing people's livelihoods and submerging farmlands. We spoke
to locals about the situation. The European Union is slapping significant tariffs on
electric vehicles coming from China. The rule takes effect today. Meanwhile, Beijing is
formulating trade rules against some key European exports in retaliation. The two sides are expected
to hold talks amid the trade war. Reports that Chinese authorities have quietly shut down some
sellers of fentanyl precursors. This as Washington demands Beijing to do its part
in curtailing the U.S. opioid epidemic. Southern China is still reeling from massive flooding.
Over 90 rivers have swelled above warning levels. Blood waters still rising. In one province alone,
over one million people have been affected. NTD heard from residents about their desperate
situation. Here's more. One county in Hunan province was hit especially hard. The worst
flooding in 70 years. Most of the county's districts have been affected. A large swath
of mountainous areas are now cut off from the outside world. Local residents told NTD they
suspect authorities opened a dam's floodgate to discharge waters without telling them.
We have distorted the residents' voices to protect their identities.
Why would the local river all of a sudden rise so high? The local dam must have discharged water
overnight. Our entire town has been submerged. A man was swept away by the floodwaters.
His body washed up this morning. Another resident said the power went out as soon as the floodwaters
hit the town. We live next to a river so our situation is even worse. The first floor of
the building has been submerged. We tried moving our stuff but it was no use. There wasn't enough
time. Authorities haven't announced the number of people killed by the floods. A local resident
telling the Epoch Times officials are censoring that type of information. In nearby Anhui province,
a million people have been affected. One resident said officials opened the floodgate of a local dam
without warning residents. After the floodgates were opened, those living downstream didn't have
enough time to evacuate. Our local county has been submerged by floodwaters. I heard people
have drowned. In Hunan, the water breached a dam floodwaters poured through submerging local
farmlands. Now we can only wait for the water to dry up and then rush to plant,
hoping to minimize the losses. Around 200 mu, 33 acres, could have been damaged.
If we had any floods in the past, they were usually small. Such severe flooding is rare.
For those living in the middle to lower reaches of the Yanzi River, the situation is grim. Weather
forecasts predicting water levels will stay elevated there for another 10 days. Here's a
close-up of one of the affected areas, a pagoda and a temple submerged in floodwaters. They're
located in Poyang Lake, the largest freshwater lake in China. Torrential rain has sent its water
exceeding the warning level by six feet, the highest in four years. Local authorities have
had the second highest level of flood control activated since Tuesday. Flooding has been
plaguing parts of southern China, especially in the lower and middle reaches of the Yangtze River.
One province issued flood alerts. Another activated the highest level flood response.
In Anhui province, over 250,000 have been forced to leave their homes for safety. Heavy rain is
expected in the coming days. Moving to Europe, the European Union is slapping tariffs up to 37%
on electric vehicles built in China starting today. It's Europe's biggest trade case against
Beijing yet. The introduction of tariffs is not an objective per se. It is a means to correct
an imbalance, an unfair competitive situation to the detriment of producers of electric vehicles
in the EU compared to those who are producing vehicles in China. Also worth noting, the tariffs
are provisional for four months. Beijing has threatened retaliations and called on the bloc
to cancel the tariffs. It's been in talks with Brussels since last week and is likely to continue.
The announcement is a blow to China, which is already in a trade war with Washington.
President Biden said he would quadruple tariffs on Chinese EVs to 100%.
The European Union is the largest overseas market for Chinese electric cars.
As for the EU, the new tariffs are up to 37.6%. That's on top of the 10% duty already in place.
The EU said the tariffs are to protect the domestic car industry. Because Chinese EVs
are backed by state subsidies, they're sold at a price far cheaper than their European counterparts.
Both Chinese EV makers and Western brands that are made in China
will be impacted by the tariffs, such as Tesla and BMW.
Spain's Minister of the Economy, Trade and Enterprise says the European Union must
stand its ground in negotiations with China. The minister said he is not looking to escalate the
trade conflicts with China. Spain is Europe's biggest port exporter and China is its biggest
buyer. China launched an anti-dumping probe into European pork last month,
putting Spain in a difficult position. But the minister said he believes Spanish pork
companies don't get state subsidies. He also disclosed Spain is working on increasing exports
to Japan or could even, quote, be a bit more self-centered to counter the trade challenges.
One day after the European Union's trade announcement, China dropped a hint about
how it may retaliate against the new EU tariffs on its electric vehicles. In two weeks,
the Chinese Minister of Commerce is set to discuss an ongoing investigation into
allegations European brandy was subsidized and sold below market value in China.
The Commerce Ministry said Friday it would hold a hearing to examine claims European
brandy producers are selling into the country at below market rates. Officials have also referred
to another probe into EU pork exports. Analysts say the targets were chosen to pressure Spain
and France, which have been among the strongest backers of the new levies. Reports in state-backed
media indicate other possible targets for retaliation. That could include dairy products
and luxury cars. The EU tariffs have also divided opinion in Europe. German automakers
have called for them to be scrapped, fearing they could be a target for Beijing's response.
Chinese EV brands are set to make a large number of their cars in Mexico. The idea is to take
advantage of North American trade rules, which could help China in the wake of fresh tariffs
on Chinese-made electric vehicles. The White House is set to impose a 100 percent tariff on
electric cars coming from China. But China could use the U.S.-Mexico-Canada agreement to get around
them. Under this policy, Mexico-made cars can enter the U.S. market duty-free with a very
small tariff. This also applies to cars made in Mexico by Chinese brands. On national security
grounds, Germany this week decided to block the plan of sale of a gas turbine business to China.
Some German politicians are concerned China may use the turbines to power warships.
German Vice Chancellor and Economy Minister Robert Habeck said while investments in Germany
were welcome in general, certain technologies must be protected.
The restriction we have to adhere to by law is that we protect the technologies which are relevant
to public order from information flow or if there is a danger to public security and order because
of the influence from countries which maybe not always have a friendly relationship with us.
MAN Energy Solutions, part of the Volkswagen Group, said in June 2023 that it planned to sell
its gas turbines business to a Chinese gas turbine company that belongs to a corporation that
dominates the Chinese shipbuilding industry. In 2022, Germany blocked the sale of one of
its semiconductor factories to a Chinese-owned tech company because of security concerns.
Fentanyl control. China is reportedly quietly taking steps to limit the availability of
fentanyl precursors in the country. It comes as drug-related deaths in the U.S. surge.
According to a Wall Street Journal report, Beijing has shut down some
sellers of opioid precursors and says it will soon impose regulations on three other chemicals.
The reported efforts come after President Biden met with Chinese leader Xi Jinping in San Francisco
last year. Most U.S.-bound fentanyl precursors are made in China. They are often sold to Mexican
cartels for further manufacturing before being smuggled into the United States.
The opioid epidemic has been a flashpoint in U.S.-China relations.
America records tens of thousands of deaths from fentanyl overdoses every year. Earlier this year,
a report by the House Select Committee on the CCP said Beijing is directly subsidizing the
industry through grants and tax rebates. Last September, Washington placed Beijing on a black
list of major drug-making countries, along with others like Mexico and Colombia.
Taiwan reporting more Chinese military activity off its coasts on Friday.
The Taiwanese government is now calling on Beijing not to escalate tensions
after its seizure of a Taiwanese fishing boat.
Taiwan's defense ministry said that just before 7 a.m. local time,
it detected 26 Chinese military aircraft carrying out a joint combat readiness patrol
with Chinese warships. The Chinese aircraft flew into airspace near the north,
center and southern part of Taiwan. Taiwan has detected at least 127 Chinese military
aircraft operating near the island since the start of this month. Earlier this week,
Chinese Coast Guard officers boarded and detained a Taiwanese fishing boat off China's
southeast coast. The Taiwan Coast Guard called the move from Beijing political
manipulation which undermines cross-strait relations. James Zimmerman, a lawyer based
in Beijing, says that several companies have asked him about risks facing their Taiwanese
personnel. Data shows around 180,000 Taiwanese were working in China in 2022,
some of them for multinationals. Some of their employers are worried about Beijing's vague
definition of pro-independence. It seems the guideline could be used to target people simply
for posting online about political issues in Taiwan or for voting for a particular Taiwanese
political party. But Chinese authorities say most Taiwanese don't need to worry about the new rule
and that people come to China, quote, in high spirits. Taiwan President Lai Ching-de has
denounced China's new guidelines. Taiwan also warned its people about the risks involved in
traveling to China. Last year, China detained at least eight retired Taiwanese officers and
academics on formal exchange programs. That's all for today's China In Focus on YouTube. We're now
sharing a shortened version of our program here after being demonetized for three years.
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Just click the link down below. Here's what to look out for in our second half.
The Philippines says it will hit back just as hard if China attacks again. What would this
mean for the U.S. as a Philippine defense treaty ally? Thanks for watching China In Focus. I'm
Tiffany Meyer. See you soon.