Thousands seek legal action over stalled Wuhan property project

China 07/13/22, 23:15

Thousands of Wuhan property owners are sweating over their payment obligation over a deadlocked real estate project. One said they have poured their entire life savings into it but have seen nothing delivered. Chinese media outlet Daily Economic News reported on July 12 that the Hannan Times New City project in ...

Skyscrapers over 500 meters prohibited in mainland China

China 07/13/22, 23:11

China’s National Development and Reform Commission issued the “14th Five-Year New Urbanization Implementation Plan” on July 12. The plan opposes the future construction of tall foreign high-rise buildings reaching over 500 meters. The plan aims to optimize the urban spatial pattern and architectural style.  The layout of residential, industrial, commercial, transportation, and ...

The US consul general in Hong Kong and Macau slammed China’s regime

China 07/13/22, 22:31

The U.S. Consul General in Hong Kong and Macau, Hanscom Smith, in his farewell speech on July 11, criticized the National Security Law implemented by Beijing, saying it has weakened Hong Kong’s autonomy. Smith also pointed out that the vague definitions of the National Security law have created an atmosphere of ...

Sri Lanka: Fatal victim of the CCP’s ‘Belt and Road’

Sri Lanka 07/13/22, 16:36

Sri Lanka has been plunged into a deep economic and political crisis for some time now and reached its deepest point last Saturday, July 9, when President Gotabaya Rajapaksa fled his official residence in Colombo, the capital of the country, moments before thousands of protestors violently entered the presidential house in ...

Chinese Government efforts to force patriotism on Hong Kong citizens

Human Rights 07/13/22, 05:33

After the Anti-Extradition Hong Kong protests (2019-2020), recently, the Chinese regime started to brainwash Hong Kong citizens' liberal democratic ideology to reform and promote patriotism from secondary education onwards as a compulsory course. On July 7, the Hong Kong Education Bureau issued a list of 21 China mainland inspection itineraries for ...

Chaos at banks signals precursor to China’s financial collapse

Economy 07/13/22, 05:30

The saving accounts of 400,000 Chinese depositors in rural banks in Henan Province were cleared overnight, and the incident sparking protests and a violent response. On July 10, about 3,000 depositors protested outside the Zhengzhou branch of the People's Bank of China, or central bank. A bloody clash broke out between the protesters and the ...

Shanghai denies ‘hundred days of action’ lockdown rumors, people still panic

China 07/13/22, 05:28

Shanghai on Sunday reported its first locally transmitted infection of the Omicron subvariant BA.5. According to the Wall Street Journal, since then, the financial hub city has adopted two rounds of mass testing between Tuesday and Thursday in more than nine districts.  Under China's 'zero COVID' policy, Shanghai citizens are now ...

Upset with China, CEOs move factories back to the U.S.

China 07/13/22, 05:27

After two months of lockdown in Shanghai, leaving millions of dollars of designer perfume and cologne unsold, the CEO of a U.S. firm decided to break away from China and move its production line back to the U.S.  Jean Madar, founder and chairman of Inter Parfums Inc., told the Wall Street ...