How Western corporations profit in Xinjiang surveillance

                                -Urumqi 2009

https://www.msn.com/en-us/news/world/chinese-muslims-forced-into-re-education-camps/vi-BBPW9XB

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Bloomberg even declared in April that “Foreigners Can’t Get Enough” of Hikvision’s stock thanks to the firm’s high profit margins, without expanding on exactly how such margins were attained.  A wide array of institutional funds representing millions of clients from firms like Vanguard, JPMorgan and Fidelity have also invested in the firms.  Since the trade link opened in 2016, Hikvision and Dahua’s stock prices are up 55 percent and almost 70 percent respectively.  And the firms’ exposure to global investors is only increasing.  Hikvision and Dahua were among the Chinese companies recently introduced on the widely followed MSCI Emerging Markets Index, compelling asset managers to weigh investing in them.

  Most funds credit the surveillance companies’ growth vaguely to market forces--a “strong demand across a wide range of industries,” as JPMorgan did last year for Hikvision.  But the role these companies play in the surveillance boom in Xinjiang is no secret.  Chinese analysts have published detailed reports on the growth prospects for surveillance firms offered by the Xinjiang security expansion, and a Deutsche Bank research note explicitly mentioned Dahua’s bid for the huge $686 million “safe county” project in Xinjiang as a main factor in its decision to give Dahua a “buy” rating.  The bank estimated that project alone could make up 4 to 12 percent of the company’s entire revenue.  (As of November 2017, one of Deutsche’s exchange-traded funds owns stock in both Dahua and Hikvision.  Deutsche Bank declined to comment.)

  Sarah Cook, a senior research analyst at Freedom House, raised concerns that people are inadvertently profiting off Hikvision and Dahua’s activities in Xinjiang thanks to the presence of these mainstream institutional funds….

  Dahua and Hikvision’s ties to the West aren’t just financial.  Both firms are working with companies like Intel and Nvidia to refine their artificial intelligence capabilities.  For example, Intel and Nvidia are both reportedly supplying Dahua with advanced hardware to build an AI-powered video recorder called DeepSense, which can perform a real-time comparison of 100,000 faces.  (Nvidia, which declined to comment for this article, is particularly keen on harnessing video surveillance data to promote “AI cities” across the globe.)

  American tech has helped build up Chinese surveillance systems in the past.  Cisco for example supplied Hikvision with key networking equipment for a huge video surveillance project in the city of Chongqing in 2011….

  In just the latest example Alibaba and Western investors have poured more than $1 billion in the Chinese facial-recognition firm SenseTime, a company that experts say derives much of its revenue from authorities, although its involvement in Xinjiang is unknown (SenseTime did not reply to a request for comment.)  https://eastturkistaninfo.com/2018/07/25/companies-cash-in-on-surveillance-program-that-targets-muslims/

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296.  Hiero-inspiration descends through a single basic condition.  Neither concentration nor command of the will but love for Hierarchy produces direct communion.  We do not know how better or more precisely to express the guiding law than as a flow of love.     -M:  Fiery World 1934

195.  it is impossible by any sort of compulsion to attain the construction of the temple of the heart.  Different ages and beliefs have not induced people to rally together for one exalted transport.     -M:  Aum 1936

131.  It is correct to say that a community of people represents a crown of achievement, but for a perfect community there must be refinement and unification of consciousness.  It is not a small task to unify consciousness in true collaboration.  In the higher spheres of the subtle world the soul begins to understand that collaboration brings power and success, but when people return to Earth they forget the value of reciprocity.  They also forget about our existence though they were aware of us in the subtle world, met our Brothers and understood the significance of the ethereal realm.    -M:  Supermundane 1, 1938

306.  Everyone in the purity of his own heart can commune with the Teacher.  Thus can Earth be filled with good aspirations.  Such people will not be left in solitude, for the ultimate goal of goodness will unify all seeking hearts.

337.  We do not criticize those who attempt to unify and intensify their thinking, for in their own way they act worthily.  But how much more intense would be their transmissions if each of them learned to love communion with us! 

                                                    -Morya:  Supermundane 2, 1938