Li Keqiang can’t command his subordinates

Insights 02/15/22, 19:50

Li Keqiang a top-level leader of the Chinese Communist Party (CCP) has become increasingly frustrated over their bureaucracy's negligence in recent years, according to Chinese-language media Da Ji Yuan.  The secretary of the Huangshan Municipal Party Committee of Anhui Province recently reported that officials have a mentality of lying flat and ...

Chinese rocket booster crashes into moon

Space 02/15/22, 19:15

Scientists have re-analyzed data and corrected that the previously reported space junk about to crash into the moon on March 4 was not a SpaceX rocket booster, but space junk left behind by a Chinese rocket launched in 2014. According to ArsTechnica, in early February, data analyst Bill Gray developed software ...

Why are Chinese naturalized athletes so sensitive about their nationality?

Insights 02/15/22, 19:01

The Chinese Communist Party (CCP) has selected 30 naturalized athletes with foreign ties (naturalized in China) to participate in the Winter Olympics, including 28 ice hockey athletes. Susan Brownell, professor of anthropology at the University of Missouri-St. Louis stated that the CCP had selected 30 naturalized athletes with foreign ties to ...

New York thug attacks Falun Gong truth-clarification center

New York 02/15/22, 18:48

On Feb. 10, a Chinese man with black tattoos on both arms, a black hat, and a black shirt began attacking the Falun Gong truth-clarification site in front of the Flushing Library in New York. He then moved to another location outside the Flushing Golden Mall, hitting, kicking, vandalizing, and ...

Evergrande’s funds gradually depleted

Economy 02/15/22, 18:36

Many of China Evergrande's projects' escrow accounts are slowly running out, making it impossible to resume construction, according to a source close to Evergrande Chinese-language media, Da Ji Yuan reported. It is usual for a project to have a shortage of several hundred million yuan. China Evergrande still has a vast ...

Rating agency Moody’s downgrades property giant Sunac China

Economy 02/15/22, 16:50

Shares in Hong Kong-listed Chinese real estate giant Sunac China tumbled on Feb. 14. Three days ago, Moody's, the international credit rating agency, downgraded Sunac's credit rating due to its limited financing channels and deteriorating liquidity, further reflecting the increased financial risk of Chinese real estate companies. According to MarketScreener, on ...

Chinese regime launches new crackdown on entertainment industry

Insights 02/15/22, 16:31

According to the South China Morning Post, following an outcry over an actress' $25 million pay, China has strengthened a prohibition on sky-high compensation for TV stars as part of its latest crackdown on celebrities.  The National Radio and Television Administration's plans for the next five years of TV programs have ...

India concerned about China’s trade retaliation against Australia

Australia & Oceania 02/15/22, 16:11

In an interview with the Sydney Morning Herald published on Feb. 14, India's Foreign Minister Subrahmanyam Jaishankar condemned China's economic moves toward Australia. He said that growth and prosperity over the previous 80 years resulted from a trading system "regulated by laws and not politically influenced." "You know that bit—if it ...

Ex-China Development Bank Executive arrested for 4 crimes

Economy 02/15/22, 15:49

He Xingxiang, a former member of the Party Committee and Vice President of the China Development Bank, was arrested for four crimes. He Xingxiang is the first "financial invisible hand," the unobservable market force that helps the demand and supply of goods in a free market to balance automatically, to ...

Animal feed price hikes throughout China

Economy 02/15/22, 15:33

Animal feed prices have increased in China as the price of raw materials rises, according to Apollo News. More than 30 animal feed companies across China announced price increases, including New Hope, Tongwei, Anyou, Tiankang, Datai Nong, Kuaida, Baiyi, Longfengtire, Dawang, and Liyuan. According to Guangzhou Feed Association, on Feb. 11, the ...

Chinese official features behind anti-corruption ‘Zero Tolerance’ documentary

Insights 02/15/22, 13:14

China broadcasts the state-produced documentary to celebrate the success of Chinese supreme leader Xi Jinping's signature anti-corruption campaign.  According to the "Zero Tolerance" documentary film, China has disciplined almost four million government staff since Xi Jinping came to power in November 2012. Zero Tolerance currently shows the eighth episode that the party ...

Corruption from previous Olympics and World Expo in China

Insights 02/15/22, 13:07

Former Hong Kong senior banker and finance writer Wu Mingde analyzed that this year's Beijing Winter Olympics' high spending would be a massive loss for China. It is not straight simple math; Wu discussed which groups of people will profit from this opportunity.  Initially, the Chinese government said the competition would ...

Huge profits revealed behind Chinese government’s nucleic acid testing

Economy 02/15/22, 12:32

As Xin Tang Ren reported on Feb 12th, Huang Wansheng's recording clip, a former Harvard Yenching Institute scholar and distinguished Professor at Tsinghua University, as well as a visiting professor at Xi'an Jiaotong University, talked about the dark secrets behind the Chinese government's "zero COVID" policy and how the interests ...

Taiwan closely watches China amid Ukraine crisis

China 02/15/22, 10:48

In response to the world's concern about the situation in the Taiwan Strait because of the impending war between Russia and Ukraine, the Taiwan presidential office issued a statement on Sat. 12, saying that it closely watched the situation in Ukraine and also increased the island's military combat readiness for ...

Beijing: Many Olympic competitions postponed due to weather

Insights 02/15/22, 10:29

AFP reported Californian-born Chinese Ailing Gu was planning to go for gold again on Sunday, but her freestyle slopestyle event was postponed until Monday due to weather. In addition, the freestyle women's aerials qualification round has been postponed, and the second training session for women's abseiling in alpine skiing has been ...