Chinese media is confident that Beijing will recover debts from Sri Lanka
Sri Lanka declared bankruptcy on July 5. The country once called the “Pearl of the Indian Ocean” is facing inflation exceeding 50%, foreign exchange reserves are dwindling, and people are lacking food, electricity, and fuel. This country of 22 million people is saddled with a debt of $51 billion. Among them, ...
Wealthy Chinese lining up to flee their country, but it is not easy
Shanghai's strict lockdown policy has led to chaos, An investment immigration consulting company estimates that around 10,000 high-net-worth individuals in China this year will find a way to take their assets worth a combined $48 billion out of the country. But the question is whether Xi will easily let them ...
China boosts exports of military equipment to Russia, going against the rest of the world
The Wall Street Journal reported that since Russia invaded Ukraine, China has significantly increased exports of microchips and other electronic components, raw materials, and other dual-use items to Russia. These goods can be used to produce weapons, allowing Moscow to maintain the pressure in its war with Ukraine. China’s action undermines efforts ...
Boycotted in the mainland, this Chinese actor makes name in Japan
Zhang Zhehan, a 31-year-old Chinese actor, has just won the Best Overseas Actor in Japan. Despite his popularity in the country, he is gasping for career survival in his hometown. Up Media reported that he topped the list of favorite overseas TV drama stars released by Japanese magazine SCREEN for his ...
Tension in the South China Sea: The trade route the Chinese regime seeks to monopolize
For several years, the Chinese communist regime (CCP) has been increasing its expansion illegally in the South China Sea. Although an international ruling handed down in 2016 invalidated all the Chinese regime's claims to the maritime zone, the Chinese regime did not accept the ruling and continued its expansion. Several neighboring countries ...
Sri Lanka stuck in its debt trap but still thirsty for China’s poison
After getting close to China, then being stuck in China’s debt trap, Sri Lanka is still thirsty for the Chinese regime’s sweet poison. On July 15, Bloomberg reported that Sri Lankan Acting President Ranil Wickremesinghe is seeking for the International Monetary Fund to provide financial support. Sri Lanka’s federal government owes global ...
Analysts expect China could end Australian coal ban to save the economy
Beijing Fuhua is a consultant for the steel industry. It said in a new research report that the ban on Australian coking coal has led to a sharp rise in coking coal prices in China, but there are "clear signs of thawing in the relationship between the two countries." Chinese analysts ...
After punishing Australia, Beijing tries to ‘remove the stone under its foot’
Chinese authorities are reconsidering bans on Australian imports in the near term after unilaterally "punishing" Australia. The Chinese Ministry of Foreign Affairs did not have an official response. However, the Chinese people scoffed, "does it hurt when you press on a stone under your own foot?" Today, July 14, Bloomberg reported ...
Beijing holds World Internet Conference: But nobody believes in the high ideals touted
According to the mouthpiece of the Chinese government, the People newspaper, the opening meeting of the World Internet Conference was held in Beijing on July 12. Chinese President Xi Jinping sent a congratulatory letter, hoping to build a more "open and inclusive" cyberspace. In his congratulatory letter, Xi Jinping stated that ...
Zha Lijian mocks Japan’s ‘Constitutional Amendment’, giving Xi Jinping trouble again
Despite the assassination of former Japanese Prime Minister Shinzo Abe on July 8, the Japanese parliamentary election on July 11 resulted in the big victory of the "Constitutional Amendment" introduced by the political party that Abe supported. Regarding this, Chinese Foreign Ministry spokesman Zhao Lijian retweeted an editorial by The Global ...
Sri Lanka: Fatal victim of the CCP’s ‘Belt and Road’
Sri Lanka has been plunged into a deep economic and political crisis for some time now and reached its deepest point last Saturday, July 9, when President Gotabaya Rajapaksa fled his official residence in Colombo, the capital of the country, moments before thousands of protestors violently entered the presidential house in ...
Over 500 Chinese speculators trapped in Japanese real estate project
Hundreds of Chinese investors have bought a real estate project in Japan, where the property and wealth are empty, and they risk losing millions of dollars of investment funds. According to Chinese state media, more than 500 people in Beijing, Shanghai, and other places purchased a project of Japan's Toyotomi Corporation ...
First time in 50 years: The actions of Taiwanese officials give Beijing ‘ants in pants’
On July 8, Former Japanese Prime Minister Shinzo Abe was assassinated while giving a speech on the street. This event shocked the world. His family will hold Abe's funeral on July 12. In harmony with the significant loss to Japan and the world, Taiwanese media reported that Taiwan's Vice President ...
Shinzo Abe: Slain former Japanese prime minister stood up to Chinese regime
Former Japanese Prime Minister Shinzo Abe was shot dead on Friday, July 8, while giving a speech in the town of Nara. The news shocked the world and quickly made the front pages of mainstream media. Abe was central in his country's politics during the last decades. Still, he also left ...
China’s debt-trapped victims: More countries likely to end up as Sri Lanka
AP News reported on July 7 that apart from Sri Lanka being the only country that has recently declared bankruptcy, there are still other economies which are in dire distress or at their greatest peril. Those countries are Afghanistan, Argentina, Pakistan, Egypt, Laos, Myanmar, Turkey, Zimbabwe, and Lebanon. All of them are ...
Communist Party is outlawed in Ukraine, China is still silent
A Ukrainian court on July 5 officially outlawed the Ukraine Communist Party and seized all of its assets, including the party’s facilities and state funds. Some analysts believe that the people of the former communist country realize the danger of communism. The court's ruling was in response to a lawsuit brought by ...
Chinese businesses and media celebrate Abe’s death
Japan’s former prime minister Shinzo Abe died in hospital after he was shot at a political campaign event on July 8. World leaders and politicians offered condolences to Japan over the loss. Amid historical, complicated, and fraught relationships between China and Japan, Chinese Foreign Ministry spokesman Zhao Lijian said his ...
‘Unfortunately It’s Not You’ quickly removed from social platforms after Abe’s assassination
Former Japanese Prime Minister Shinzo Abe died after being shot on July 8 while giving a campaign speech in Nara city, Japan. The news of the shooting assassination has quickly become the mainland's Weibo hot search list. Some Weibo netizens took advantage of the topic and added the #Unfortunately It's Not You# ...
Former Japanese intelligence official: The CCP sent 20,000 spies to infiltrate Japan
Masatoshi Fujitani, a former investigator and analyst of the Public Security Intelligence Agency of Japan, said in a television interview that: the CCP is estimated to have sent between 20.000 and 25.000 spies to infiltrate Japan, while the staff of the Public Security Intelligence Agency of Japan amounts to only 1700 people, ...
Ukraine’s new move is a major blow to the Chinese Communist Party
In the context of Russia's invasion of Ukraine, a Ukrainian court recently ordered a complete ban on the Communist Party of Ukraine and the confiscation of all its assets. The Chinese Communist Party (CCP), close to the Communist Party of Ukraine, has yet to give a response. Ukraine's Ukrinform newspaper reported that on ...
