China’s Central Bank progressively under Beijing dictates

China 12/20/21, 21:34

China's Central Bank is increasingly under Beijing's mandates and losing its special economic status as its policies become affected by political pressures, a Vision Times analysis published on Dec. 18 concluded.  To support that argument, the analysis brought about the recent example of contradictory mandatory reserve policies of the People's Bank ...

China audits Evergrande and Xu Jiayin assets

China 12/19/21, 04:13

The Chinese Communist Party (CCP) is auditing the assets of China Evergrande Group and Evergrande Chairman Xu Jiayin, according to Reuters. People familiar with the matter also said that Evergrande's liquidity is severely lacking. In addition, previous methods of restructuring state assets may not be suitable for Evergrande. Reuters reports that ...

China’s ‘Wolf warrior diplomacy’ comes to a halt, as budget curtailed and new hirings stagnated

China 12/18/21, 21:38

According to Apollo News, the Chinese regime's ‘Wolf warrior diplomacy’ has increasingly lost the world's sympathy for China. Many countries have "shunned" Beijing. ‘Wolf warrior diplomacy’ is an aggressive style of diplomacy adopted by Chinese diplomats in the 21st century under Xi Jinping's administration. The diplomacy's proponents loudly denounce any criticism ...

CCP uses climate as a weapon to attack the world’s economy

China 12/17/21, 16:15

The British nonprofit "Global Warming Policy Fund" released a report on Dec. 13, detailing the CCP's manipulation of international climate agreements. The regime has weaponized climate policies to defeat the West. The "Global Warming Policy Fund" report is titled "China's Energy Dream". The main body of the information has 13 pages, with ...

Beijing fines and requires Twitter-like giant Weibo to self-censor

China 12/16/21, 21:31

Beijing recently accused the Chinese Twitter-like social network Sina Weibo of repeatedly posting and transmitting illegal information. As a result, the authority has repeatedly fined Weibo and ordered the social media giant to correct and strengthen information censorship. After being fined, Sina Weibo's stock price fell to a new low at ...

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 ...

17 major Chinese real estate firms have stocks fall more than 50%

China 12/07/21, 15:22

More than a dozen major real estate firms in China have seen their stocks nosedive, according to a report. There are more than 30 real estate companies worth over $30 billion in China. 17 of them have had their stocks drop more than 50%, compared to the peak in 2018. Throughout this ...

Chinese tech suffers from the economic slowdown and government restrictions

China 12/05/21, 14:45

2021 has been a challenging year for tech companies in China. Some of China's biggest tech giants had weak revenue growth from July to September this year, and all eyes are on the macroeconomic slowdown and government restrictions, the Chinese Epoch Times reported. Tencent, a social media and video game tyrant in ...

COVID-19 Poll: Most Americans believe in lab leak theory

News 12/04/21, 16:19

Most Americans now no longer think the COVID-19 pandemic is a natural disaster as claimed by the region where it first emerged, China, according to a new poll this week. When asked about the lab-leak theory and whether the Chinese Communist Party (CCP) lied about the virus’ origin, 72% of the ...

EU demands proof of Peng Shuai’s condition

China 12/01/21, 02:16

On Tuesday, Nov. 30, the European Union demanded credible evidence that tennis star Peng Shuai is safe. "The EU requests the Chinese government to provide verifiable proof of Peng Shuai's safety, wellbeing and whereabouts," the EU's foreign service said in a statement, according to Reuters. Since disappearing on Nov. 2 after alleging that ...

China triggered as US invites Taiwan to democracy summit

Washington 11/25/21, 04:32

Beijing became agitated upon learning that the Biden administration has invited Taiwan to attend its virtual democracy summit scheduled next month.  The Summit for Democracy listed 110 world participants on Tuesday, Nov. 23, who would gather together on Dec. 9 and 10 to discuss authoritarian forces, corruption, and human rights issues.  China ...

Japan boosts record defense spending amid China’s growing hostility

China 11/21/21, 14:58

Japan passed an economic stimulus package on Friday, Nov. 19 that comprises a supplementary budget of more than 700 billion yen (US $6.12 billion) for defense only, according to Reuters.  The extra sum represents approximately 50% over the previous high, set in fiscal 2018, per Reuters. With this addition, the entire ...

Chinese coast guard attacks Philippine boats with water cannon

China 11/19/21, 01:03

Two Philippine boats were attacked with violent blasts of water by Chinese coast guard ships on Tuesday, Nov. 16, in the disputed Spratly Islands over the South China Sea shoal.  The ships were delivering food supplies to the Filipino military on the Second Thomas Shoal, also known as Ayungin Shoal, the ...

German Chancellor says Europe should not divorce from China

China 11/18/21, 15:04

German Chancellor Angela Merkel in an interview Wednesday, Nov. 17, said although intellectual property could be an issue, it is not time for Europe and Germany to stop cooperating with China yet. "Total decoupling wouldn’t be right in my view, it would be damaging for us," she told Reuters, while also ...

Biden and Xi agree to relax media controls in US and China

China 11/17/21, 15:37

News crews will be able to travel between the United States and China more easily, following a new deal between Washington and Beijing on Nov. 15. Joe Biden and Xi Jinping reached some common ground after holding a 3.5 hour-long virtual summit. Both nations will grant media workers multiple-entry visas that ...

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