Extreme COVID control levels you only see in China

Social problem 09/01/22, 03:19

The pandemic in the mainland has become more serious and has spread to at least 29 provinces. Harsh containment policies have been implemented and even inhumane methods have been adopted. On August 26, a rural secretary in mainland China claimed on the village loudspeaker that if a case is found in ...

Swiss Credit Suisse investment bank to reconsider its business in China

Social problem 09/01/22, 02:58

According to Bloomberg, Credit Suisse will review its business in China in its next board meeting in Singapore. Insider sources told the news outlet that senior executives at the investment banking firm have questioned whether it should expand its existing securities business and wealth management unit in the country. The meeting will ...

TikTok is like drug: Wall Street analysts

Social problem 08/31/22, 19:18

Top Wall Street analysts said that TikTok has become so popular that people watch it like they're smoking crack cocaine. This could bring the media platforms more advertisers in the future. According to Business Insider, more than 1 billion people use TikTok, even though it has only been around for 5 ...

Hong Kong, Chinese firms flock to Switzerland to go public

Social problem 08/27/22, 16:29

Chinese A-share companies have started to list in Switzerland, while initial public offerings (IPOs) on the Hong Kong Stock Exchange (HKEX) reached a record low. This is the current trend. Chinese A-shares are listed on the two major Shanghai or Shenzhen stock markets. Only mainland Chinese citizens can trade A-shares. Chinese companies ...

Chinese borrow panda’s name to mock leader

Social problem 08/27/22, 13:45

Recently, the Chinese Communist Party's official media CCTV asked the public to name "Cui Cui's" panda and netizens left messages like "Qi Cui" (meaning "Pray for Cui Cui") in the comment section. The official media immediately deleted the comments and even blocked further comments. Some analysts believe the incident reflects ...

Mental hospitals widely used to persecute dissidents in China: report

Social problem 08/26/22, 16:34

In China, mental hospitals are used to persecute dissidents, notably Falun Gong practitioners. Safeguard Defenders is an NGO concerned with human rights in China. The non-profit recently produced an investigative report documenting how Chinese authorities had forcibly jailed dissidents for several years under the guise of "mental sickness."  The report says China's ...