‘Wolf warrior’ given ‘cold water bath’ after bragging

Opinion 08/25/22, 13:07

Zhao Lijian, one of the representatives of Chinese foreign ministry’s "wolf warriors", was recently rumored to have bipolar disorder, and has beaten his wife in a domestic violence attack. Zhao had been silent for more than 10 days, and then recently his Twitter account went active again, posting regularly as ...

Sichuan: Grapes on the tree turn into raisins, people are in the dark all day

Economy 08/24/22, 16:22

Sichuan continues to suffer from the heat and droughts, leading to power shortages. Tencent newspaper on August 23 published an article titled "Dark shopping malls, subways, using generators, ice cubes to cool down, 10,000 types of anxiety after the power failure in Chongqing and Sichuan.” The article said that as the temperature ...

Beijing hires hackers to attack human rights organizations

Trending 08/24/22, 16:03

Massachusetts-based cybersecurity company Recorded Future recently released a report stating that a hacker group associated with the Chinese Communist Party has been targeting human rights organizations, think tanks, media agencies, and multinational government agencies. The group has carried out cyberattacks over the past three years. The hacker group RedAlpha targeted Amnesty ...

Local government out of money? Increased fines picking up the slack?

Trending 08/24/22, 15:52

The CCP's local finances are in a serious crisis. There are reports that they are using various forms of fines to make money, and people are complaining. The Chinese Communist Party's State Council recently asked local governments to "strictly prohibit the use of fines to generate revenue." Scholars believe that the ...

Chinese companies face many difficulties in the ‘South American lithium triangle’

Trending 08/24/22, 14:11

The "South American lithium triangle" region has become an important objective for Chinese Communist Party investment in recent years. It has the world's richest high-quality lithium resources. However, due to factors including consumption of water resources, environmental pollution, and local opposition to mineral privatization, Chinese companies have encountered challenges and ...

Rare poor quarterly earnings, two Chinese tech giants tightening their belts

Economy 08/23/22, 19:14

The two Chinese tech giants, Alibaba and Tencent are experiencing sluggish sales for the first time after regularly talking to investors about innovation and new products in Financial Report Announcement meetings. However, the meeting turned to another topic - how to reduce costs.  Recently, Alibaba and Tencent announced their second-quarter results. According ...

Warning: Chinese origin Fentanyl is quietly destroying American youth

Corruption 08/23/22, 17:53

Amid the tension between China and the U.S. recently, there's also friction over another issue—the illegal trade in synthetic drugs. The U.S. believes factory-produced opioids—powerful painkillers increasingly abused by U.S. citizens—are being made in and sold from China. One of the main ones is fentanyl—50 to 100 times stronger than morphine—which is ...

UN expert confirms forced labor camps in Xinjiang

Trending 08/23/22, 15:10

A chief expert for the U.N., Tomoya Obokata, a Japanese specialist in transnational organized crime, human trafficking, and modern slavery, issued a report last week accusing the Chinese Communist Party of enslaving members of the Uighur, Kazakh and other minorities in East Turkistan (Xinjiang) and use similar practices against the ...

Recent crackdowns reveal 4 paradoxes in China’s judicial system

Morality 08/23/22, 14:15

It is hard to imagine that the certificates of legal professional qualifications would be validated by criminals. But this is really happening in China. This is just one among thousands of absurd stories in China's judicial system, which can be summarized in the following four paradoxes. Paradox 1: When legal professional ...

Insurance money cannot be withdrawn, people confront Bank of Beijing

Economy 08/22/22, 15:22

On August 19, the Beijing Health Insurance Bureau issued a notice on adjusting health insurance for urban workers. It stated: “From September 1, 2022, the insured amount in the personal account will be used for special purposes and the insured person is not free to withdraw money,” which confused people. That ...

The US-China battle ‘in another dimension’ has decided winner and loser

Opinion 08/22/22, 15:04

Currently, the United States and China are conducting an all-round game. In addition to actual military exercises, electronic warfare is also going on. However, according to an expert's understanding, this "battle in another dimension" has decided the winner and the CCP has been completely defeated, and the military lamented that ...

What is behind the fall of Chinese property giants?

Trending 08/21/22, 15:37

Chinese developers left millions of pre-sold apartments unfinished. As a result, most Chinese banks are facing a halt to mortgage payments or in effect a “mortgage strike”—homebuyers are refuse to pay mortgages unless the developers resume construction. Amid the real estate debt crisis, the decrease in the number of Chinese developers ...

Warning: China’s economy in ‘self-destruct mode’

Economy 08/21/22, 14:13

The latest economic data released by Chinese authorities showed that economic activity slowed in July. A netizen has posted his conversations with people from different business sectors where he asked how their businesses are doing, and most answers confirmed they are “lying flat,” which keep people wondering given this instability ...

Property developers’ cash flow plummets 24% during China’s housing downturn

Economy 08/20/22, 16:09

https://www.epochtimes.com/b5/22/8/18/n13805108.htm According to analysis by Oxford Economics, the cash flow of Chinese property developers has shrunk significantly this year. As of July, it was down 24% year-on-year. Since cash flow is an important metric to gauge a company's ability to operate, this shows a risk of a difficult landing in ...