Subscribe to our free daily newsletters
  China News  




Subscribe to our free daily newsletters



SINO DAILY
Chinese police detain suspected pyramid scheme protesters
by Staff Writers
Beijing (AFP) July 27, 2017


Chinese police have detained dozens of members of a suspected pyramid scheme after many staged a rare demonstration in Beijing to protest a crackdown on the group.

Photos and videos circulating on social media showed hundreds of protesters in central Beijing on Monday, chanting slogans and holding red banners urging President Xi Jinping to stop the investigation into the group.

While the authenticity of the images could not be verified, Beijing police essentially confirmed that a protest was held in a statement saying that scores were detained following the "illegal gathering".

Sixty-three members of the pyramid scheme, known as Shanxinhui, were held for "harming social management order" and four more for "disrupting order in a public place," the Beijing police said in a statement on their official Weibo microblog.

An earlier statement by authorities said that the group's members "were incited by those with ulterior motives to illegally gather in Beijing, seriously disturbing the capital's social order," the official Xinhua news service reported.

Protests of such size are rare in Beijing, where authorities have little tolerance for public demonstrations.

On Friday, police had arrested Zhang Tianming, the group's founder, and several employees on charges of defrauding "a huge amount of property" from victims "under the guise of 'helping the poor and achieving common wealth,'" according to a police statement.

But banners carried by protesters at the protest claimed Shanxinhui was a legitimate platform that was being "persecuted".

Shanxinhui's official Weibo microblog account was blank on Thursday with no posts shown, and its website was not accessible.

A cached version of the website described the organisation as an equity investment group founded in 2013 that promotes causes such as forestry conservation and poverty alleviation.

Pyramid schemes have become more popular in China in recent years, with promotional material spreading rapidly on social media networks.

Police investigated 2,826 pyramid scheme cases in 2016, nearly 20 percent more than in 2015, according to the Ministry of Public Security.

From 2005 to 2015, 21,904 pyramid schemes were investigated and 990 million yuan ($140 million) was confiscated, the ministry said.

SINO DAILY
China anti-graft watchdog probes Politburo member
Beijing (AFP) July 24, 2017
The Chinese Communist Party's anti-graft watchdog has launched an investigation into a Politburo member once seen as a contender for a top leadership post, just months before a major political congress. The Central Commission for Discipline Inspection is investigating Sun Zhengcai, who some 10 days ago was ousted as party chief in the major city of Chongqing, for "serious discipline violatio ... read more

Related Links
China News from SinoDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SINO DAILY
China develops sea launches to boost space commerce

Chinese satellite Zhongxing-9A enters preset orbit

Chinese Space Program: From Setback, to Manned Flights, to the Moon

Chinese Rocket Fizzles Out, Puts Other Launches on Hold

SINO DAILY
China's Xi calls for more imports and more 'open economy'

S. Korea's growth slows in Q2 amid falling exports

China to change state-owned firms into corporations

China cashing out as mobile payment soars

SINO DAILY
SINO DAILY
On third MH17 anniversary, families unveil 'living memorial'

International talks set for Monday on Ukraine conflict

Moldova renews calls for Russian troop withdrawal

NATO, Jordan mark establishment of new cybersecurity team

SINO DAILY
Underwater robot probes inside Fukushima reactor

Finland's TVO claims partial win in Areva nuclear dispute

Laser-Armed Nuclear Icebreakers: What Russia Has in Store for Arctic

Britain must leave EU nuclear body: Verhofstadt

SINO DAILY
Major cyber-attack as costly as Hurricane Sandy: Lloyd's

'Oh, bother': Chinese censors can't bear Winnie the Pooh

Army opens cybersecurity research laboratory

Simplifying surveillance with social media

SINO DAILY
Underwater robot probes inside Fukushima reactor

Finland's TVO claims partial win in Areva nuclear dispute

Laser-Armed Nuclear Icebreakers: What Russia Has in Store for Arctic

Britain must leave EU nuclear body: Verhofstadt

SINO DAILY
ABB wins $30 million order to support integration of offshore wind energy in the UK

GE's renewables not enough to boost overall revenue

Unbalanced wind farm planning exacerbates fluctuations

Algeria seen as African leader for renewable energy




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement