Unrest in China's Xinjiang kills 21 people



BEIJING // Twenty-one people, including police officers and social workers, were killed in violent clashes in China's ethnically-divided western region of Xinjiang, a local official said today.

"Twenty-one persons were killed in all... including social workers and policemen," an official surnamed Cao from the provincial government's news office said of the incident, which, he added, occurred yesterday.

Gun fights broke out in Bachu county in the west of the province after police went to search the home of locals suspected of possessing guns, a report on Tianshan Net, a government-run news website, said.

It said 15 of those killed were either police or social workers, with 11 of them being members of China's Uighur ethnic minority, who live mainly in Xinjiang and are mostly Muslim.

A further six "gang members" were shot dead in the violence, while eight more were arrested, the report said, without giving their identities. The local official, Cao, identified them as Uighurs.

The report said an investigation showed that the gang members had been plotting to carry out "terrorist activities", and branded the fighting a "violent terror incident".

Xinjiang, a region about twice the size of Turkey, is home to around nine million ethnic Uighurs, many of whom complain of religious and cultural repression by Chinese authorities. The region is regularly hit by unrest.

Officials and state media blame the unrest on "terrorists" but some experts say the government has produced little evidence of an organised terrorist threat, adding the violence stems more from long-standing local resentment.

China has repeatedly accused ethnic Uighurs of carrying out terrorist activities in the province, where 20 men were jailed in March on terrorism charges, which a Uighur rights group branded "repressive."

Riots between Uighurs and members of China's Han ethnic majority in Xinjiang's capital Urumqi in 2009 killed around 200 people, leading the ruling Communist Party to tighten surveillance and boost investment in the region.

The province saw more than half of China's "endangering state security" trials last year, but is home to less than two percent of the country's population, suggesting "ethnic discrimination", the Dui Hua Foundation advocacy group said.

According to official figures, 46 per cent of Xinjiang's population is Uighur, while another 39 percent are Han Chinese, after millions moved to the area in recent decades.

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Sand storm

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Dust storm

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  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
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Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

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Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.