Worse than Evergrande: High-ranking developer Shimao plunges into crisis

China 12/18/21, 15:42

A company with more significant problems than Evergrande has come to the forefront. Media outlets quoted industry insiders saying that the Shanghai Shimao Group's crisis was worse than Evergrande's default. According to Bloomberg, although Shimao Group's balance sheet is less than one-third of Evergrande and its sales rank only at 13th among Chinese ...

Lithuania withdraws all diplomats from China

China 12/18/21, 15:25

Lithuania hastily withdrew all staff from its embassy in China on Dec. 15 as tensions increased over the Taiwan issue.  Lithuanian officials on Dec. 14 said its embassy would work remotely.  Foreign Minister Landsbergis of the Baltic state said the diplomats were leaving for consultancy over changing the department's name. Reuters cited a diplomat ...

China hires US firm to promote 2022 Beijing Winter Olympics

China 12/18/21, 07:07

Under growing pressure to boycott the 2022 Beijing Winter Olympics, the Chinese regime has hired U.S. firm Vippi Media to promote the event scheduled to start on February 4th. According to Vision Times, many human rights groups have asked NBC and other U.S. television stations not to broadcast the event. Some ...

Haikou authorities take multiple Evergrande land lots without compensation

China 12/18/21, 06:45

Chinese property developer Evergrande has had many of its land lots confiscated by the Haikou authorities, according to The Epoch Times.  The Haikou City Planning and Resources Department explained in a notice on Dec. 13 that it was due to expired real estate ownership certificates. Haikou is the capital city of the ...

CCP uses climate as a weapon to attack the world’s economy

China 12/17/21, 16:15

The British nonprofit "Global Warming Policy Fund" released a report on Dec. 13, detailing the CCP's manipulation of international climate agreements. The regime has weaponized climate policies to defeat the West. The "Global Warming Policy Fund" report is titled "China's Energy Dream". The main body of the information has 13 pages, with ...

US accuses Chinese regime of trying to develop ‘brain control weapons’

China 12/17/21, 15:52

The U.S. Commerce Department, on Thursday, Dec. 16, denounced dozens of Chinese regime research institutes and other private technology companies who may be engaged in the development of 'brain control' weapons for use in China and abroad. On Thursday, the U.S. Commerce Department included a number of the regime's research institutes ...

The US investigates suspected corrupt Chinese officials

China 12/17/21, 05:00

U.S Treasury Secretary Janet Yellen, on Dec. 10, announced that the United States would step up efforts to investigate dirty money hidden in the United States by corrupt foreign officials, according to NTDTV. The Treasury Department will set up an anti-corruption fund to reward those who provide any information. Yellen said ...

A professor who returned to China for medical treatment dies after COVID isolation

China 12/17/21, 04:56

A female U.S. associate professor was returning to her homeland in China to obtain treatment for her terminal cancer. Still, she, unfortunately, died during her compulsory COVID-19 quarantine time, according to Sound of Hope. 46-year-old Xu Yaqiong of Vanderbilt University in Tennessee was diagnosed with rectal cancer. Doctors expected her to ...

Austrian officials stay away from Beijing Olympics for COVID-19

News 12/17/21, 04:51

Austrian Chancellor Karl Nehamme confirmed on Dec. 14 that no high-ranking officials from Austria would attend the 2022 Beijing Olympics, according to The Associated Press. Nehamme addressed it was not a diplomatic boycott. Instead, the officials were skipping the games because of China's strict COVID-19 protocols. He explained, "So there is no ...

Former Japan PM Abe warns of consequences if China attacks Taiwan

China 12/17/21, 03:39

Former Japanese Prime Minister Shinzo Abe said that Japan, the United States and Taiwan need to boost cooperation in various fields, including technology and information exchanges, amid the Chinese Communist Party’s aggression. Speaking at a security summit in Taipei on Dec. 14, Abe urged Taiwan to rise and spread its democracy ...