• Business

New US restrictions put China’s technology future in jeopardy

Insights 10/13/22, 15:16

The U.S. move to protect the semiconductor industry continues apace. This Tuesday, the Commerce Department ordered a ban on selling high-tech equipment to large Chinese semiconductor companies such as Yangtze River Storage, Changxin Storage, SMIC, and others. In addition, foreign residents in the United States will not be allowed to ...

Hong Kong gives away 500,000 free airline tickets to rescue tourism

Economy 10/12/22, 16:00

The Chinese Communist Party's (CCP) "zero-COVID" policy crippled tourism in Hong Kong. The Hong Kong authority now wants to give away 500,000 airline tickets to revive airlines and boost travel. However, the Hong Kong authority must wait for the CCP to ease restrictions. Fifty-six million tourists visited Hong Kong before the ...

Secret report: TikTok faces heavy losses

Economy 10/11/22, 17:54

China's ByteDance Ltd., the parent company of TikTok, communicated to its employees through a financial report that operating losses for the years 2020 and 2022 have tripled to more than $7 billion. Apparently, the company spent more than it earned. However, in the first quarter of 2022 it showed a small ...

Chinese rush to buy Russian milk powder, but deceived

Economy 10/08/22, 13:23

Because of the Russia-Ukraine war, many Russian products have received a lot of attention from Chinese consumers, who support Putin. Among them, Russian milk powder is one of the best-selling products. It attracts many netizens because of the low price. There are online stores and livestream sales platforms are recording ...

India’s plan to replace China as ‘the factory of the world’

Insights 10/06/22, 15:52

Indian President Narendra Modi's administration announces a mega investment and technology project seeking to attract international firms to India to set up their factories and operations centers.  The chips are being stacked in the new post-pandemic international context. The Chinese regime is suffering a major economic crisis and is at the ...

Challenge Xi Jinping? Li Keqiang mentions this three times a day

Trending 10/06/22, 14:20

At the time of the high-level transfer of power at the 20th National Congress of the CCP, Premier Li Keqiang in one day emphasized three times, "reform and opening-up" is the CCP's basic policy, attracting public attention. On September 30, Li reiterated the need for "reform and opening-up" during his speech ...

Taiwan prepares for possible trade blockade by the Chinese regime

Weapon/Army 10/05/22, 16:06

The tension between China and Taiwan has risen following Nancy Pelosi's visit to the island nation in August. International media closely followed Pelosi's trip and the People's Liberation Army movements. China responded with more military exercises, including rocket launches and air raids close to the median line dividing Chinese and ...

‘Stabilize the stock market’: CCP directs no large-scale trading

Trending 10/01/22, 16:38

The 20th National Congress of the CCP is approaching, and Chinese authorities have stepped up social controls in an effort to ensure "stability" before the congress. According to foreign media, regulators have privately told brokers and fund managers that they are not allowed to buy and sell stocks in large ...

Employment difficulty: Young Chinese have to pay to work

Social problem 10/01/22, 16:32

Official data shows that the unemployment rate for Chinese youth in July, especially those aged 16 to 24, hit 19.9%, the highest on record. Recently, there was a rumor that if you want to work at Hunan Television, you must pay a fee. In this regard, some netizens complained, "The ...

China’s currency crisis: regime urges banks to sell dollars, buy yuan

Trending 10/01/22, 12:55

In view of the deep fall of the yuan, the People's Bank of China has reportedly told the country's main state-owned banks to prepare to get rid of their dollar holdings and exchange them for offshore yuan. Official sources informed Reuters that the communist regime's banking authorities have taken the decision ...

E-Chinese yuan: Just another digital currency or a surveillance and control tool?

Tech 09/28/22, 16:17

China has recently witnessed unprecedented capital outflow including foreign investment and people's savings. The liquidity crisis is spreading across China, depositors' protests have become a hot topic despite repression from authorities. At this point, the digital yuan (e-CNY) is probably the Chinese Communist Party's perfect solution in preventing those customers ...

The ‘Made in China’ era is over!

Corruption 09/27/22, 16:55

"Made in China 2025" was first revealed in May 2015. It aimed to use regime subsidies, mobilize state-owned enterprises, and pursue intellectual property acquisition to catch up and surpass the West's technological prowess in advanced industries by 2049. However, about seven years after Beijing launched the plan, policymakers and security officials ...