Top China Buddhist leader quits in sex probe

Agencies
August 15, 2018

Beijing, Aug 15: The head of China's government-run Buddhist association quit his post on Wednesday amid an investigation into allegations that he coerced several nuns into having sex with him.

Xuecheng, a Communist Party member and abbot of the Beijing Longquan Monastery, is one of the most prominent figures to face accusations in China's growing #MeToo movement.

In a 95-page report that circulated online late last month, two monks accused Xuecheng of sending explicit text messages to at least six women, threatening or cajoling them to have sex with him.

China's top religious authority launched an investigation shortly after the allegations were made public.

Xuecheng stepped down at a meeting of the Buddhist Association of China on Wednesday.

"The council accepted Xuecheng's resignation as president of the Buddhist Association of China," said a statement posted on the association's website.

It was tucked into a long report detailing a council meeting which neither elaborated on the abbot's reasons for quitting nor referred to the recent probe.

The same statement was also posted by the State Administration for Religious Affairs, the government body overseeing religious groups.

A prominent personality in Chinese Buddhist life with a social media following of millions, Xuecheng's Twitter-like Weibo account has been silent since August 1, when he posted a statement rejecting allegations of sexual misconduct.

In their report, the two monks, who are no longer members of the monastery, said four women gave in to Xuecheng's demands.

One of the authors said on social media that he was compelled to speak out after the victims were ignored by authorities who said they could not investigate the matter.

The report and posts about it have been taken down or censored on social media.

There is no legal definition of sexual harassment in China and no national regulations on how to handle sexual assault cases in schools and workplaces.

The #MeToo movement ignited in China earlier this year with more women starting to open up about sexual assaults, especially on university campuses.

Unlike in the West, where #MeToo has forced resignations and sparked widespread public debate, authorities in China have sought to control the discussion, sometimes allowing and at other times censoring social media commentary.

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Agencies
March 6,2020

Up to 2,241 new cases of COVID-19 have been reported across the globe as of Thursday, bringing the total count to 95,333, according to the latest official data by the World Health Organization (WHO).

Five countries, territories and areas reported COVID-19 cases for the first time in the past 24 hours, the Xinhua news agency reported.

WHO Director-General Tedros Adhanom Ghebreyesus emphasised the importance of implementing a comprehensive approach to mitigate the impact of the virus in a briefing on Wednesday.

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Agencies
January 4,2020

Tel Aviv, Jan 4: Israeli Prime Minister Benjamin Netanyahu on Friday came out in the support of Trump administration for carrying out the strike near Baghdad's international airport which led to the killing of Iran's elite IRGC Qassem Soleimani, saying that "The US has the right of self-defence."

"Just as Israel has the right of self-defence, the United States has exactly the same right. Qassem Soleimani is responsible for the death of American citizens and many other innocent people. He was planning more such attacks," PM Benjamin Netanyahu wrote on Twitter.

In another tweet, Netanyahu also credited US President Donald Trump for acting decisively in the operation of Iraq that led to the killing of Qassem Soleimani -- a US-designated terrorist, along with six others.

"President Donald Trump deserves all the credit for acting swiftly, forcefully and decisively. Israel stands with the United States in its just struggle for peace, security and self-defence," he added.

Meanwhile, Iran on Friday vowed to take a "vigorous revenge" over the killing of General Qassem Soleimani, the head of Iran's elite IRGC.

The US had accused Soleimani of orchestrating several attacks on coalition bases in Iraq including the December 27 attack in which American and Iraqi personnel were killed. 

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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