Made in China: Lawmakers seek to favor the CCP by urging Biden to eliminate tariffs
A group of Democratic and Republican lawmakers sent a letter to the U.S. Trade Representative asking her to eliminate tariffs on products that U.S. companies manufacture in China, arguing that these increase the cost of production, which ultimately impacts consumers' pocketbooks. However, there is no evidence of this. According to a ...
Worse than Evergrande: High-ranking developer Shimao plunges into crisis
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
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 ...
S&P warns China’s property loan rate could double in the second half of the year
In a report published on December 15th, Standard & Poor warned that the non-performing loan, or NPL, rate of the Chinese banking industry could double by the end of 2021. S&P expected the NPL ratio of the Chinese banking industry would climb 5.5% as December wraps up. The rate was 2.5% ...
China hires US firm to promote 2022 Beijing Winter Olympics
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 ...
Former DoD advisor: China declaring war on Taiwan will lead to severe food shortage
Dr. Evan Ellis, a former policymaking adviser to the U.S. Department of Defense, said that China could be vulnerable to a food shortage if it attacks Taiwan. Ellis, who is also a research professor of Latin American studies in the U.S. Army War College Strategic Studies Institute, said he was ...
Haikou authorities take multiple Evergrande land lots without compensation
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 ...
US regulates new law on cash transaction, exposing most of CCP officials have properties abroad
The U.S. has shown its determination to step up the global fight against corruption. The government highlights the importance of monitoring money laundering and illegal financial activities abroad. The U.S. government recently announced it would invest $424 million next year to support media freedom, deal with international corruption, promote technologies that ...
US lawmakers: Disney bows to China, removes ‘The Simpsons’ episode containing Tiananmen massacre content
Some Republican lawmakers in the U.S. Congress jointly signed a letter requesting an explanation from Disney for its removal of content involved in the Tiananmen massacre in its 'The Simpsons' episode. In the letter, the lawmakers led Rep. Jeff Duncan (R-S.C.), asked Disney CEO Bob Chapek to explain why The Simpsons' episode that ...
CCP uses climate as a weapon to attack the world’s economy
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 ...
Republican leaders repudiate ‘influencers’ who accept money from Chinese regime to promote Olympics
Leading Republican party figures have disowned social media influencers who have accepted money from the Chinese communist regime to promote the Beijing Olympics, accusing them of 'advocating' genocide. Some of the potential Republican candidates for the U.S. presidency in 2024 issued strong statements against those people with influence in the media ...
US accuses Chinese regime of trying to develop ‘brain control weapons’
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 ...
Why Apple censors words like ‘Falun Gong’ in China, Hong Kong and Taiwan, Congressmen demand answers
A group of Republican representatives sent a letter to Apple CEO Tim Cook asking why his company, which publicly claims to be a defender of human rights, censors words like 'Falun Gong,' 'Freedom of the Press' or 'Human Rights' on its products sold in China, Taiwan, and Hong Kong when even local ...
The US investigates suspected corrupt Chinese officials
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
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
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 ...
Japan Report: The CCP suppresses private enterprises and weakens China’s economic growth
A Japanese think tank has pointed out that the Chinese Communist Party's (CCP) actions to clamp down on private enterprises and other significant industries undermine the Chinese economy's ability to grow. On Dec. 15, the Japan Center for Economic Research (JCER) released the seventh issue of the Asia Medium-Term Economic Outlook ...
US: Lloyd Austin praises Lithuania for standing up to pressure from Beijing
U.S. Defense Secretary Lloyd Austin on Dec. 14 applauded Lithuania for refusing to be influenced by Beijing over the Taiwan issue. At the Pentagon on Dec. 14, Austin praised Lithuania as a beacon of democracy and an important example for other nations to look up to as it resisted Beijing's pressure. The ...
Chinese woman in kimono walks down Chinese street on Nanjing Massacre day
A Chinese woman walked down the streets of Haining city in Zhejiang province, China, on Dec. 13. Her outfit quickly sparked a fierce backlash, as Dec. 13 is the National Memorial Day for the Nanjing victims, who were slaughtered en mass and raped by Japanese troops 84 years ago. According to News ...
Former Japan PM Abe warns of consequences if China attacks Taiwan
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 ...
