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China holds World Internet Conference while tightening cyberspace censorship

Tech 11/12/22, 16:11

Chinese leader Xi Jinping congratulated the World Internet Conference (WIC) through an official statement on November 9. The conference was held at the Wuzhen Exhibition Center, which has hosted the event since 2014. Several U.S. tech executives virtually attended the event, including the CEOs of IBM, Intel, and Cisco. Invited guests, ...

Chinese regime has zero tolerance for unofficial religious activity

Social problem 11/12/22, 15:03

A call to prayer circulated last week among China's house churches to demand the release of two Christian missionaries who have been detained since July in Shandong province.  Pastor Qin Sifeng and Sister Su Minjun allegedly crossed some "red line" for the communist regime that aims to completely eradicate any kind ...

A Shanghai subway cars explode during rush hour

Disasters 11/12/22, 14:05

On the morning of November 11, an accident happened on subway line 11 in Shanghai, at rush hour. At the scene, smoke and fire rose and there was a loud explosion. There are still no reports of casualties. A video shows lots of explosion flashes and smoke coming from the subway, ...

Beijing relaxes strict COVID measures and markets respond

Trending 11/11/22, 17:00

Despite announcements of increased contagions in several regions of the country and strict COVID measures, the Chinese Communist Party is relaxing some of those restrictions. However, the "zero-COVID" policy remains in place throughout the country and a new dynamic will be adopted. The COVID-19 policy team reported the reduction of quarantine ...

Over 10 CCP members party after a woman died due to lockdown

Trending 11/11/22, 15:33

A few days ago, an apartment building in Hohhot city, Inner Mongolia, was sealed due to pandemic restrictions. As a result woman died after falling from the building because rescuers couldn't get to her in time. After the incident, some locals also caught over 10 local Party cadres gathering to ...

Foreign investors withdraw billions in October, China’s economy in difficulty

Trending 11/11/22, 15:08

On November 9, preliminary statistics from the Institute of International Finance (IIF) indicated that the size of foreign investment capital withdrawn from the Chinese market in October amounted to $8.8 billion. The association argues that the Chinese economy is facing internal and external troubles. According to IIF data, the equity capital ...

Another large-scale exodus in Zhengzhou

Trending 11/11/22, 14:19

On November 8, tens of thousands of students from the Huang He Academy of Science and Technology in Zhengzhou rushed out of school. It appears to be another large-scale exodus in Zhengzhou after tens of thousands of Foxconn employees fled. It was reported that the school approved the students leaving ...

China’s financial crisis: Bank stocks fall to historic lows

Trending 11/09/22, 18:23

The bad debts of China's largest banks continue to grow and the financial bubble seems to be on the verge of bursting. Pessimism and disbelief about the Chinese banking system fell to unparalleled levels, even below those recorded during the U.S. housing crisis in 2008. China's four largest financial institutions, including ...

The Chinese market’s big hole: 99% of stock funds lose

Trending 11/09/22, 15:43

Foreign investors continued to be pessimistic about China's economic outlook, and international investors accelerated selling yuan-denominated bonds. The U.S.-China Chamber of Commerce said that investment confidence in U.S. companies in China has fallen to a record low. In addition, the European Union is planning to follow the example of the ...

72 reporters and ‘second red generation’ latest victims of Chinese health app

Trending 11/09/22, 15:01

Beijing's "Health Kit" (or Jiankang Bao), a mini health app related to China's pandemic, was blamed for constantly sending "pop-up notifications," causing people trouble. Most recently, dozens of Beijing's central media reporters who traveled to Shanghai to cover the CIIE China International Import Expo were all sent "pop-up notifications." They ...

China should worry about US launch of B-21 stealth bomber

Weapon/Army 11/08/22, 15:55

The U.S. Air Force has confirmed that the next-generation stealth bomber is expected to be unveiled on December 2. Some analysis indicates that the B-21 will make the CCP feel very anxious. In an October 20 press release, the U.S. Air Force said it plans to unveil the bomber at ...