One man was shot in the chest by police in Hong Kong on Tuesday during widespread and violent protests that coincided with celebrations across China marking 70 years of the Communist state. The incident marked the first time live fire was used by Hong Kong police in their attempts to quell unrest, which is now in its fifth month.
Speaking at a celebration and military parade in Beijing, Chinese President Xi Jinping said that China remains committed to "the strategy of peaceful reunification" and to "one country, two systems," the governing framework established after the Hong Kong handover in 1997.
"No force can ever undermine China's status, or stop the Chinese people and nation from marching forward," Xi said at the National Day ceremony in Tiananmen Square, adding that China will "maintain lasting prosperity and stability" in Hong Kong.
<i>A portrait of President Xi Jinping during a parade to commemorate the 70th anniversary of the founding of Communist China in Beijing. Photo Credit: Mark Schiefelbein/AP/Shutterstock</i>
Unrest in Hong Kong first broke out in June in opposition to legislation that would have permitted extraditions to mainland China. Residents, moreover, largely took to the streets to voice their objection to China's growing influence over the city's government and Hong Kong at large, which has enjoyed relative autonomy as a special administrative region. The unrest significantly escalated in August after anti-government protesters occupied the city's international airport and held large-scale demonstrations throughout Hong Kong, which has long been a major financial hub for global banking and commerce.
The extradition bill was suspended — and later fully withdrawn — but dramatic protests continued with Hong Kongers calling for democratic voting rights and independent investigations into widespread reports of police abuse.
In Hong Kong on Tuesday, thousands of demonstrators marched peacefully through the city's major thoroughfares to air their grievances and mar National Day celebrations in mainland China. Several violent clashes, however, erupted between protestors and police, which resulted in the shooting of the young activist, who was 18-years-old.
"HK police is celebrating the [People's Republic of China] national day by shooting a young activist," Nathan Law, a leading activist, said on Twitter. "Big prize to communist party? Disgusting. Shame on the police."
Hong Kong police confirmed that the victim was taken to the hospital and, according to local media, remains in critical condition. Throughout the day Tuesday, police condemned "rioters" for starting fires, damaging property, and instigating violence. Authorities also urged all residents to stay indoors and find safe spaces.
Joshua Wong, one of the most prominent pro-democracy activists and politicians, said on Twitter that "on China's National Day ... HK fallen into a de facto police state" and that "paramilitary security forces completely took over this city."
<i>Police clash with anti-government protesters in central Hong Kong. Photo Credit: Vincent Yu/AP/Shutterstock</i>
The unrest in the streets of Hong Kong were in stark contrast to the military procession in Beijing. Xinhua, China's state-run news agency, reported that the parade consisted of 15,000 personnel, 580 pieces of armament, over 160 aircrafts, and new, advanced intercontinental nuclear missiles. Fireworks later lit up the sky as entertainers performed for thousands of festival goers.
"At this very moment, Chinese people of all ethnic groups and all the sons and daughters of the Chinese nation at home and abroad take pride in and joyfully give our best wishes to our great motherland," Xi added in his remarks.
Carrie Lam, Hong Kong's embattled chief executive, was in Beijing to attend the National Day celebration.
By end of day Tuesday, over 180 people were arrested and 25 police officers were injured, the South China Morning Post reported citing police chief Stephen Lo. It has been “one of Hong Kong’s most violent and chaotic days," Lo said.
Mona Akhavi, CEO of Vrai, joins Cheddar Innovates to discuss the process of creating lab grown diamonds, why this industry is growing, and the latest trends in the jewelry and engagement ring space.
M&M's is rebranding its iconic chocolate candy characters with new looks and storylines highlighting the "progressive world" we live in today. Jane Hwang, global vice president of M&M's, joined Cheddar to talk about the company's rebrand. "M&M's is on a mission to create a world where everyone feels they belong," she said. The multi-colored, anthropomorphized candies will be getting an updated look and tone, according to Hwang, such as Green receiving a makeover that reflects more female empowerment and confidence.
The Department of Agriculture has officially unveiled its plan to fight catastrophic wildfires that have devastated parts of the West in the last few years. The department, along with the Forest Service will work to significantly increase fuels and forest health treatments to address the escalating crisis of wildfire danger. Executive Editor of Cipher, a publication by Breakthrough Energy, Amy Harder, joined Cheddar to discuss more.
A new report out on Linkedin says that Crypto-related job postings in the US surged to 395% between 2020 and 2021. Job titles which included titles containing "Bitcoin", "Ethereum", "Blockchain", and cryptocurrency, all outpaced jobs in the wider tech industry which saw a 98% increase in listings during the same time period. LinkedIn also notes that the most common crypto job postings were blockchain developers and engineers. CEO of Radkl, Ryan Sheftel, joined Cheddar to discuss more.
A new study has been causing a lot of buzz in the cannabis industry. Researchers from Oregon State University found that compounds in cannabis could prevent infection with COVID-19, but that doesn't mean smoking marijuana prevents people from getting infected. CV Sciences medical advisor Dr. Michael Lewis joined Cheddar News' Closing Bell to discuss.
Software company BigPanda recently raised $190 million in Series D funding, led by Advent International and Insight Partners. The funding round gives the company unicorn status with a $1.2 billion valuation. BigPanda develops A.I. software that detects and analyzes problems in I.T. systems. The company says it aims to be the solution for other companies that do not have enough manpower to manage their data, as more and more industries continue to build a broader digital presence. BigPanda co-founder and CEO Assaf Resnick joined Cheddar News' Closing Bell to discuss.
Amazon Prime announced the name of the highly anticipated Middle-Earth prequel streaming series to be called "The Rings of Power," premiering on September 2. The show takes place thousands of years before the stories set in "The Hobbit" and "The Lord of the Rings."
Sebastien Lagree, creator and founder of Lagree Fitness, joins Cheddar News to talk about the growth of Lagree Fitness and industry trends to watch in 2022.
We've all seen the headlines about a record number of Americans quitting their jobs in what's become known as the Great Resignation. However, new data on why people are leaving the workforce in droves suggests the bigger headline is Americans are simply burned out. Stephanie Aston, CEO of Black Girl Group, joined Cheddar News to break down why so many employees have reached their breaking points and what employers can do about it.
Nikhilesh De, managing editor of global regulation and policy at CoinDesk, joins Cheddar News to discuss Bitcoin's slump and corporations' growing interest in NFTs.