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Widespread racism fuels recent riots in UK: anti-racism protester

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      China

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      Widespread racism fuels recent riots in UK: anti-racism protester

      2024-08-09 14:24 Last Updated At:18:17

      The widespread racism and anti-immigrant sentiment across the United Kingdom in the past decades have fueled the recent protests and riots across the country, said an anti-racism protester during a protest on Wednesday.

      Recently, large-scale protests against the government's immigration policy have erupted in many parts of UK since July 30, sparking riots in some areas. According to police, more than 480 have been arrested and over 100 charged since the riots broke out.

      Anti-racism protesters gathered in London on Wednesday to condemn the wave of violence brought by far-right groups, holding placards with messages in support of refugees and voicing their anger over the hate being spread by far-right extremists.

      "Racism that has been whipped up in this country over the last 14 years against asylum seekers and refugees has what's led us to what's been going on in the UK, particularly over the last week because the levels of racism have been so great and so appalling," said Cathy Cross, a local resident.

      Among the protests held at various locations on Wednesday evening, anti-racism protesters were in the majority. These protests largely remained peaceful and did not result in large-scale disturbances.

      The British government forecast more protests in the coming few days. To deter the exacerbation of the riots, Prime Minister Keir Starmer, who took office a little over a month ago, announced on Thursday to continue to deploy additional police forces and severely punish rioters.

      Widespread racism fuels recent riots in UK: anti-racism protester

      Widespread racism fuels recent riots in UK: anti-racism protester

      Widespread racism fuels recent riots in UK: anti-racism protester

      Widespread racism fuels recent riots in UK: anti-racism protester

      Widespread racism fuels recent riots in UK: anti-racism protester

      Widespread racism fuels recent riots in UK: anti-racism protester

      Widespread racism fuels recent riots in UK: anti-racism protester

      Widespread racism fuels recent riots in UK: anti-racism protester

      Next Article

      China issues first overseas RMB-denominated sovereign green bond in London

      2025-04-04 15:25 Last Updated At:15:37

      China issued its first-ever overseas RMB-denominated sovereign green bond in London on Wednesday, China's Ministry of Finance said on Thursday.

      The deal totals 6 billion yuan (about 833.33 million U.S. dollars), including 3 billion yuan for a three-year term with an interest rate of 1.88 percent, and 3 billion yuan for a five-year term at an interest rate of 1.93 percent. Both rates are lower than the yields on comparable treasury bonds in the Hong Kong Special Administrative Region secondary market.

      Notably, the London offering spurred strong demand from international investors -- drawing a diverse range of participants across various regions. Total subscriptions hit 41.58 billion yuan, 6.9 times the issuance value.

      "This is a green development. So that means, you know, the international investors have a huge confidence about the sustainable development of China, both in the green development and also digital transformation," said Liao Min, China's vice minister of finance, who attended the bond's launch ceremony held at the London Stock Exchange.

      China is the world's biggest producer of green technology. So it makes sense to invest in that space.

      The bonds could also offer some stability for markets on edge after U.S. President Donald Trump's tariff announcement.

      "We need signals that the financial markets are functioning well. And we need also signals and clear signs that, you know, sustainable finance continues to be well supported by the international financial community," said Bryan Pascoe, chief executive of the International Capital Market Association.

      China issues first overseas RMB-denominated sovereign green bond in London

      China issues first overseas RMB-denominated sovereign green bond in London

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