Hong Kong - Water Floods Tanner Road After Water Pipe Bursts

On July 8 between 6 p.m. and 7 p.m., a pipe burst on Tanner Road, near North Point MTR Station, causing severe flooding. Traffic was disrupted and shops were flooded.

The explosion was so powerful that sections of the road were ripped up.

The 2nd floor of Island Place shopping mall was flooded, entrances to the mall were closed.

Crowds of curious passers-by gathered on the pavement, taking pictures of the flooded road.

This is only the last incident involving burst water pipes in Hong Kong. In January, a water pipe burst under Queen's Road East in Wan Chai, causing flooding near Three Pacific Place. In June 2014, a water pipe burst on the MTR East Rail line. A similar incident happened in September 2014, when a pipe burst at the junction of Canal Road West and Leighton Road.

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Rumours About Chinese Actress Fan Bingbing's Arrest Spread Online

Rumours about the arrest of Chinese model and actress Fan Bingbing on charges of tax evasion have spread on Chinese media.
As Apple Daily reports, celebrity Fan Bingbing and her younger brother Fan Chengcheng have allegedly been detained for taking part in a tax evasion scheme alongside her manager, Mu Xiaoguang.
Mu has also allegedly been charged with destroying incriminating evidence.

On May 28 TV anchor Cui Yongyuan posted on Weibo a contract that showed Fan Bingbing being paid $1.56 million (RMB10 million) for four days’ work on director Feng Xiaogang's film “Cell Phone 2.”

Later Cui released another contract worth $7.8 million (RMB50 million) for the same work. He alleged that Fan had declared to tax authorities only the first contract, thus avoiding to pay taxes on the second, larger amount.

Double-contracts for the purpose of tax evasion are known in China as "yin-yang contracts".

Although the Chinese government censored Cui's posts, in early June China's t…

Taipei Walking Tours - A Guide To Taipei In 6 Days

Taiwan is one of the most underrated tourist destinations in Asia. With about 10.74 million tourists in 2017, it lags behind Asian neighbours like Thailand (35 million), Hong Kong (58 million), Japan (28.7 million), or Indonesia (14 million).
Nevertheless, Taiwan is a great place to visit due to its amazing food, fascinating history, traditional Chinese culture, friendly atmosphere, safety, and natural attractions. Moreover, Taiwan has a very convenient visa policy. Citizens of many countries, including the United States and most European Union members, can travel to Taiwan without a visa and stay there for up to 90 days. You can literally buy a plane ticket and go to Taiwan without doing any paperwork.
If you travel to Taiwan, your first destination will probably be the capital and largest city: Taipei.

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Why Liberals Should Embrace Fair Trade, Debate Role Of Tariffs

On the latest episode of Last Week Tonight, comedian John Oliver made fun of Donald Trump's tariffs and mocked him for not understanding how free trade works.
Oliver noted that tariffs are paid by importers and typically passed along to US consumers, leading to higher prices. Tariffs could cost the US hundreds of thousands of jobs, Oliver argued.
Trade deficits "aren't actually always bad, and many economists believe, for very complex reasons involving savings rates and the dollar's special status as the world's reserve currency, that America's trade balance might be more or less where it should be," he said.
Oliver argued that "the overwhelming consensus among economists is that trade between countries generally speaking can create jobs, lower costs, and be a net benefit to both nations."
But is John Oliver right?

We shall argue that although Trump's tariffs lack a clear strategy and are therefore not the right path for the US, tariffs…

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