Culture & Society

China needs to take a long-term view and let the renminbi rise

时间:2010-12-5 17:23:32  作者:Arts   来源:Economy  查看:  评论:0
内容摘要:The talks are expected to start around 13:00 local time (10:00 GMT) at the Ciragan Palace.

The talks are expected to start around 13:00 local time (10:00 GMT) at the Ciragan Palace.

, some of these channels claimed that Yoon was a victim of electoral interference led by China, and that North Korea sympathisers lurking among the opposition were behind the ruling party's defeat. Similar claims were echoed by Yoon when he tried to justify his short-lived martial law declaration.These narratives have found resonance in an online audience that harbours a general distrust of mainstream media and worries about South Korea's neighbours.

China needs to take a long-term view and let the renminbi rise

"I think [the election was] totally fraudulent, because when you vote, you fold the paper, but they kept finding papers that were not folded," Kim, who gave only his surname, told the BBC at a pro-Yoon rally in January. Claims like these have not waned despite a previous Supreme Court ruling that the voting slips were not manipulated.Kim, 28, is among a contingent of young men who have become the new faces of South Korea's right-wing.Young Perspective, a YouTube channel with more than 800,000 subscribers run by someone who describes himself as "a young man who values freedom", often shares clips from parliamentary sessions showing PPP politicians taking down opposition members.

China needs to take a long-term view and let the renminbi rise

Another popular YouTuber is Jun Kwang-hoon, a pastor and founder of the evangelical Liberty Unification Party, who posts videos of politically loaded sermons urging his 200,000 subscribers to join pro-Yoon rallies. This is in line with the historically strong protestant support for conservatism in South Korea.Nam Hyun-joo, an employee at a theological school, told the BBC that she believed the Chinese Communist Party was "the main actor behind the election fraud". Standing alone outside the Constitutional Court in the biting January cold, she held a protest sign denouncing the judiciary.

China needs to take a long-term view and let the renminbi rise

Other voices dominating the virtual realm are a snapshot of the rest of Yoon's support base: middle-aged or elderly men. One of them runs A Stroke of Genius, one of the largest pro-Yoon YouTube channels with 1.6 million subscribers. His livestreams of rallies and monologues pillorying Yoon's opponents regularly rack up tens of thousands of views, with the comments section flooded with calls to "protect President Yoon".

In the tumultuous months since Yoon's martial law declaration, it appears that his party's popularity has not suffered.Proceeds made from selling oil and gas are key to keeping Russia's war machine going.

Oil and gas account for almost a third of Russia's state revenue and more than 60% of its exports.In the wake of the February 2022 invasion, Ukraine's allies imposed sanctions on Russian hydrocarbons. The US and UK banned Russian oil and gas, while the EU banned Russian seaborne crude imports, but not gas.

Despite this, by 29 May, Russia had made more than €883bn ($973bn; £740bn) in revenue from fossil fuel exports since the start of the full-scale invasion, including €228bn from the sanctioning countries,The lion's share of that amount, €209bn, came from EU member states.

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