China: Housing market embraces a harsh winter

China 12/13/21, 00:06

On Dec. 10, NTD News reported that China's housing market had entered a cold winter, according to the Mainland E-House Real Estate Research Institute.  The total quantity of new commercial housing in 100 cities by the end of November is 521.1 million square meters. It is the highest supply in the past a ...

Expert: China’s military is incredibly corrupt

Opinion 12/12/21, 23:58

Current affairs expert Wang Youqun wrote an op-ed in the Epoch Times about the significant degeneration of the Chinese army. Youqun alleged that more than 160 senior Chinese military officers had been investigated for corruption. This is much greater than the number of senior officers who have fallen in the Chinese ...

Trade between US and Taiwan increased significantly since US-China trade war

China 12/12/21, 23:40

Trade between the United States and Taiwan has been increasing significantly since the US-China trade war. Taiwan's exports to the United States hit a record $72 billion.According to the Wall Street Journal, the world's demand for chips is increasing, which has dramatically benefited Taiwan. In addition, the U.S.'s imposition of ...

Withdraw from China: Wal-Mart closes four stores a day, 80 stores closed in 4 years

China 12/12/21, 16:06

On Dec. 7, Walmart—an American multinational corporation and the world's largest retailer, closed four stores in China, including Shenzhen Honghu Store, Wuxi Taihu Store, Chongqing Beicheng Store Tianjie, and Taiyuan Sanqiang Road branch. Previously, on Dec. 3, Wal-Mart's Wujiaochang store located in the central business district in Shanghai announced that it ...

Does Xi Jinping want to take over China’s central bank?

China 12/12/21, 15:51

China's central bank has recently cut its required reserve ratio (RRR) to help save the dying real estate market, but the policy was reversed sharply.  The Wall Street Journal reported that the Communist Party of China (CCP) leader Xi Jinping has recently conducted a comprehensive inspection of financial and banking regulators ...

China sharply reduced investment in Africa amid debt trap criticism

China 12/12/21, 15:16

After more than a decade, the CCP's financial commitments to Africa were cut for the first time. At the triennial Forum on China-Africa Cooperation being held in Senegal, Chinese president Xi Jinping promised African nations US$40 billion of investments. This is 30% down from the $60 billion offered in 2018. Assistant professor ...

Uighur Tribunal concludes: Chinese regime commits genocide against Uighurs

China 12/12/21, 15:03

According to NTD, the Uighur Tribunal in the UK had ruled that the Chinese Communist Party (CCP) committed genocide against the Uighurs and other ethnic minorities in far west Xinjiang province, China. The Uighur Tribunal is a private court founded by lawyers and human rights experts. This Tribunal considered the testimony ...

Unexpected recent interactions between major powers, a reality check for China

China 12/12/21, 03:58

In the past two days, the situation of significant countries in the Indo-Pacific region has overwhelmed viewers, according to commentator Ding Dong. Russian President Vladimir Putin rarely leads a massive delegation for a quick visit to India. However, the two countries have signed several agreements on military technology cooperation; Russia-India relations ...

Does Beijing have self-contradictions in diplomacy toward the USA?

China 12/12/21, 03:24

China Communist Party diplomats have two different reactions on the same issue. When The White House announced its decision to boycott the Beijing Winter Olympics on the afternoon of Dec. 6. The CCP embassy in the United States responded before the CCP media reacted to the U.S. boycott. Yet, they contradict ...

China: Number of financial industry officials eliminated increases

China 12/12/21, 03:14

As of Dec. 8, 2021, at least 32 officials in Chinese Communist Party (CCP) financial institutions have been investigated, far exceeding the "nearly 20" number of people investigated in 2020, according to the Epoch Times. On Dec. 3, the CCP's Central Commission for Discipline Inspection announced that two senior officials in ...

Fraudulent data system controlled by CCP

China 12/12/21, 03:11

The Chinese Communist Party (CCP) continues to tighten its grip on data transmission outside China, The Wall Street Journal reported on Dec. 7. In addition, new privacy protection laws have made it harder for foreign companies and investors to obtain Chinese Information, including Sources and Financial Reporting Information. Stephen Nagy, a professor ...

China preys on overseas Chinese for political gain

China 12/12/21, 03:00

According to Harold Scott, the ambitious Chinese Communist Party (CCP) is using the Chinese communities in other countries to exploit political gain. Harold Scott is a Senior political scientist at the RAND Corporation. He told VOA News that the CCP forces people of Chinese descent in other nations to work for ...

Evergrande founder forced to sell $60 million in company shares

China 12/12/21, 02:46

Evergrande founder Xu Jiayin has been pressured to sell $60 million of his Evergrande shares as the Chinese Communist Party (CCP) stepped in to assist the real estate tyrant with its debt crisis. The Hong Kong Stock Exchange reported that $277.8 million Evergrande shares pledged by Evergrande Chairman Xu Jiayin and ...

US women’s basketball team supports Peng Shuai and WTA’s actions

Basketball 12/12/21, 02:04

The United States National Women's Basketball Association (WNBA), Atlanta Dream team—on Wednesday, Dec. 8, announced that it supported Chinese women's tennis player Peng Shuai and the International Women's Tennis Association. (WTA). On Nov. 2, Peng Shuai claimed that she was sexually assaulted by Zhang Gaoli, the former Vice Premier of China. ...