South African government sues Huawei

Economy 02/12/22, 13:14

According to Reuters, South Africa plans to fine the local unit of Huawei with 1.5 million rands (99,151 dollars) or 2% of the local firm's annual 2020 turnover. On Friday, the labor department said almost 90% of the company's employees were foreign nationals, violating the requirement to employ 60% South Africans ...

Argentina joins China’s Belt and Road Initiative

Economy 02/12/22, 13:10

Many world powers have evaded sending officials to the Winter Olympics in Beijing to protest China's atrocity crimes that many refer to as genocides. But not all would skip the Games, and some of those who attended the opening ceremony on February 4th turned out to be those with whom Beijing ...

China’s costly ‘minute-by-minute’ weather forecast for Winter Olympics

Insights 02/12/22, 13:01

China has invested heavily in developing "100-meter with minute-level" projects for the Winter Olympics. According to officials of the Beijing Meteorological Bureau, the resolution of the Communist Party of China (CCP)'s meteorological forecast has been increased to every 3 kilometers nationwide, hour-by-hour rolling forecasting. The forecast resolution in Beijing, Tianjin, and ...

Official data reveals China’s employment crisis can’t hide

Economy 02/12/22, 10:04

On Wednesday, Feb. 9, the Chinese newspaper "People's Daily" published an article in its overseas edition to encourage "flexible employment."  "Flexible employment" refers to those who are employed in flexible forms such as part-time, temporary, and flexible work. Flexible employment forms mainly include the following types: self-employed workers, family helpers, and ...

Nepalese government leaks report accusing China of invading territory

Insights 02/12/22, 09:56

On Tuesday, Feb. 8, BBC reported that they had obtained an internal Nepalese government report accusing China of encroaching on Nepalese territory along the border between the two countries. It was the first time official Nepalese claimed that China had occupied its territory. The border between Nepal and China, spanning nearly ...

US House proposes sanctions targeting Xi Jinping and CCP officials

China 02/12/22, 09:40

A number of U.S. House representatives have recently introduced The "Stop CCP Act." The bill intends to hold the Chinese Communist Party responsible for grave human rights violations. The legislative proposal formally sanctions thousands of CCP officials, including Chinese dictator Xi Jinping and his entire family. According to Breitbart News, on February ...

Taiwan lifts ban on Fukushima food, Beijing most unhappy, says analyst

China 02/12/22, 09:28

According to Chinese-language media Da Ji Yuan, Japan's "Sankei Shimbun" Taipei branch director Akio Yaita said that after Taiwan lifts the ban on Fukushima food imports, Taiwan-Japan relations will be more stable, and China is the only one left in the world to reject Japanese food. And the most unhappy ...

Olympics German gold medallist to comment on China after leaving

Human Rights 02/12/22, 09:05

German women's singles luge gold medallist Natalie Geisenberger, who has harshly criticized the Chinese authority ahead of her debut at the Beijing Winter Olympics, said she would wait until leaving China to comment on what happened. Reuters reported that the 34-year-old Natalie criticized China at test events in November 2021. At ...

Global freight rates drop 90% due to Winter Olympics: Expert

Economy 02/12/22, 04:52

At the end of January, Capesize spot prices fell to $5,826 per day, the lowest in 20 months and well below the 12-year record high of $80,000 per day in October 2021. Bulk carriers mainly carry iron ore, coal, grain, and cereals. Jun Huang, an economist now living in the U.S., ...

4 serious consequences of African countries’ cooperation with China

Insights 02/12/22, 04:32

As China's interests in Africa develop, the rest of the world is starting to notice that China's influence has spread to almost every corner of the continent. In some places, it is even allowed to do whatever it wants.  Researchers from African countries investigated the various ways China wields influence in ...

The financial industry must see through China’s ambitions: Expert

China 02/12/22, 03:54

As China has become more and more influential in the financial market, its goal behind this dominance is not that simple. James Gorrise, an expert about China and the author of The China Crisis, points out the Chinese regime's ambition to dominate the world via the financial industry. The value of ...

Guangzhou’s largest firm announces default on wealth management products

Economy 02/12/22, 03:37

Guangzhou's most significant private enterprise, Cedar Holdings, defaults on wealth management products. According to Caixin, Cedar Holdings could not repay its financial products obligation. In January 2022, Cedar Holdings' share of financial products is about $3.15 billion, with 8,000 investors. Cedar Holdings apologized to investors about the incident on Jan. 30. Cedar ...

Current Chinese stocks rebound is no natural, international expert explains

Economy 02/11/22, 21:25

According to recent reports from mainland media, Chinese stocks have recently staged a long-lost "big rebound." In addition to the collective increase of three Chinese e-commerce giants, Pinduoduo, JD.com, and Alibaba, other Chinese concept stocks also generally soared.  Dr. Xie Tian, ​​chair professor at the University of South Carolina Aiken School ...