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Lebanese demand justice on 4th anniversary of Beirut port explosion

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      China

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      Lebanese demand justice on 4th anniversary of Beirut port explosion

      2024-08-05 21:14 Last Updated At:22:37

      Hundreds of protesters gathered near the Port of Beirut in Lebanon on Sunday to mark the fourth anniversary of a catastrophic explosion that devastated the capital, killing more than 200 people and leaving 6,000 others wounded.

      In downtown Beirut, the families of the victims demonstrated with the hundreds of Lebanese people to mark the fourth anniversary of the explosion. Demonstrators demanded justice as the investigation into the explosion was stalled.

      On Aug. 4, 2020, hundreds of tons of ammonium nitrate detonated in a Beirut Port warehouse. The gigantic blast tore through the Lebanese capital, and devastated large swaths of Beirut, causing tremendous damages.

      However, years of obstructions by top officials to dodge accountability and stall the probe have hampered people's hopes for justice.

      "Criminals have obstructed the investigation, so that they won't be held accountable. Does the criminal hold himself accountable? No. My son was about to get married. He wouldn't hurt an ant," said a father who lost his son in the Beirut Port explosion.

      "We only want justice. These are our demands. No home country without justice, nothing without justice, and since we are gathered here, everyone who demands his right and is not silent about it will reach justice," said a mother of a Beirut port explosion victim.

      On Aug. 4, 2020, Mariam Hijazi's life changed when the port explosion left her with injuries and a loss of an eye.

      "I would never imagine this would happen to our country. I was without an eye for a long time. I didn't accept myself and didn't want an artificial eye. I couldn't accept it. I used to look at myself and cry, but my children supported me to get by. That moment psychiatrists started visiting me," she said

      She blames Lebanese authorities for negligence and demands the truth and justice for those hurt in the explosion.

      "I want to know the truth and this is my right. This is the result of the state's negligence, and what did I gain out of their negligence? It's a state that has no justice. There are more than 50 people just like me. They just did the same as me and used an artificial eye," she said.

      Lebanese Caretaker Minister of Public Works and Transport Ali Hamieh said the reconstruction and development of Beirut Port will begin at the end of August.

      Lebanese demand justice on 4th anniversary of Beirut port explosion

      Lebanese demand justice on 4th anniversary of Beirut port explosion

      Lebanese demand justice on 4th anniversary of Beirut port explosion

      Lebanese demand justice on 4th anniversary of Beirut port explosion

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      Biomedical companies thrive under China's FDI policies

      2025-04-06 06:46 Last Updated At:07:27

      ⁠⁠⁠⁠⁠⁠⁠China's foreign investment policies are empowering biomedical enterprises to expand domestically and globally.

      The China Council for the Promotion of International Trade (CCPIT) held a Foreign Invested Enterprises Tour of south China's Guangdong Province on Wednesday, presenting business opportunities as well as the country's consistent policies for further opening up in a world wracked by economic uncertainty. 

      China continues to welcome foreign investment, and its biomedical sector, including pet healthcare, is set to grow and expand. 

      Joey Yeo is among hundreds of international business leaders on the tour. As the founder of two pet healthcare startups in Shanghai, Joey leverages China's pro-foreign direct investment (FDI) measures. 

      "I think the openness with the local government and the business district has been very fruitful," said Yeo, CEO of HEAL Management Group.

      With streamlined approvals and regulatory guidance, Yeo's company plans to scale operations across multiple cities. 

      "Not just Shanghai, but we used to see other cities as well coming to us and asking us, giving us more opportunities and more understanding how we can actually set a bigger landscape," he said. 

      Yeo's story reflects broader trends - China's FDI policies have reduced entry barriers, while banks like Bank of East Asia (BEA) offer tailored financial solutions. 

      "I don't think any multinational company or foreign investors can ignore the huge market capacity, the huge potential of greater China. So we are going through the fintech transformation and by adapting AI, big data, block chains - those kind of technology, we can better help those SMEs in need," said Bi Mingqiang, CEO of BEA(China).

      As China prioritizes openness, biomedical firms and financial institutions are forging a symbiotic growth model, proving resilient in a fragmented global economy.

      Biomedical companies thrive under China's FDI policies

      Biomedical companies thrive under China's FDI policies

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