Chinese companies

China 02/17/22, 04:55

VOA reported that more Chinese companies are gearing up for an initial public offering (IPO) on the New York Stock Exchange (NYSE) right after the Lunar New Year. This move perhaps indicates that some Chinese companies ignored the reminders and warnings of Chinese regulators last year when they forced Didi Global ...

China 01/02/22, 16:08

Besides the real estate sector, 2021 has also been an overwhelming year for Chinese tech companies.  On Dec. 29, Bloomberg reported that the total net worth of China's top 10 technology tycoons fell by nearly $80 billion, almost a quarter of their total assets. Colin Huang, the founder of the e-commerce company Pinduoduo, ...

China 12/28/21, 18:17

The state of Florida, led by Republican Governor Ron De Santis, announced that it will take action against Chinese communist regime companies and other "woke" firms that operate within the state and attempt to impose their leftist ideals on employees and customers through their products and services. The state will investigate ...

China 12/21/21, 20:32

The tire industry in mainland China is seeing a new wave of price increase this December.  According to CCTV Finance, this has been the tire industry's third round of concerted price hikes since the fourth quarter. Costs for tire products are rising at an estimated pace of 3%, and some companies ...

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 ...

China 12/14/21, 16:34

Since this year, Chinese Internet companies have started cutting wages and laying off employees in the most significant wave of unemployment in history. On Dec. 12, a user posted a video on social media stating that on the night of Dec. 7, an employee of ByteDance Hangzhou jumped from a ...

Middle East 12/14/21, 03:27

On Thursday, Dec. 9, it was reported from senior officials of the United Arab Emirates (UAE) that the UAE Government has just ordered the suspension of Chinese construction activities after hearing that the U.S. responded that Beijing is building new military facilities in the UAE. The UAE leader's diplomatic adviser and ...

China 12/12/21, 02:00

Last year, the FBI released a short film warning current and former U.S. officials not to be tricked into the Chinese regime’s espionage system. This year, the FBI is releasing another documentary: Made in Beijing—a plan for global market domination. This documentary exposed the four most common methods of how the ...

China 12/08/21, 15:42

The whereabouts of Jack Ma, the founder of Alibaba, continue to be a mystery to the public. The last time he was seen in public was a month ago in Europe. At the end of October this year, the Hong Kong press reported that Jack Ma had arrived in Hong Kong ...

China 12/07/21, 04:02

The U.S. Securities and Exchange Commission announced on Dec. 2, that companies listed in the United States must prove whether they were owned and controlled by government entities and provide evidence for an audit inspection. Bloomberg said the final plan of the "Foreign Corporate Liability Act" requires foreign companies to disclose ...

China 12/07/21, 03:45

Chinese billionaire Xu Jiayin, founder of Evergrande—China’s largest real estate developer, faces Evergrande’s bond defaults. Earlier, the media reported that the Chinese Communist Party asked Xu Jiayin to use his assets to ease Evergrande’s debt crisis. After selling much of his personal property in Hong Kong, Xu Jiayin continued to sell ...

China 12/06/21, 15:40

Chinese online ride-sharing company Didi Chuxing announced on Weibo on December 3rd that it has begun withdrawing from the US stock market. A Didi investor at its headquarters in Beijing told the Financial Times that it is unlikely that any significant shareholder would oppose the delisting. Major shareholders such as SoftBank, ...

China 12/06/21, 15:34

According to the EpochTimes commentator Li Muyang, on Dec. 3, China's Evergrande Group announced it had defaulted on a debt of up to $260 million. This announcement by Evergrande may result in Evergrande's bankruptcy. The impact of this incident will be huge. However, a spokesman for the China Banking and Insurance ...

U.S. 10/23/21, 15:44

The U.S. National Counterintelligence and Security Center has launched a campaign to raise awareness in the U.S. business community about the dangers of doing business with Chinese companies because of the close relationship they have with the intelligence services, the military, and the regime that forces them to give access ...

California 09/02/21, 20:32

Under current Governor Gavin Newsom, California's pension system invested billions of dollars in Chinese companies, some linked to the People's Liberation Army and sanctioned by former President Trump. Washington Free Beacon reported that the California Public Employees' Retirement System (CalPERS) had more than $3 billion invested in Chinese companies, including 14 ...

South America 12/02/20, 11:38

The U.S. Treasury Department on Monday, Nov. 30, sanctioned a defense company of Chinese origin operating in the United States accused of selling to the President Nicholás Maduro regime in Venezuela hardware equipment used to repress and persecute opponents of the communist regime.  The sanctioned company appears in the public records ...

U.S. 06/30/20, 12:34

Last week the U.S. Department of Defense released a list drawn up two decades ago of 20 Chinese companies operating in the United States which, according to the Pentagon, have links to the Chinese People's Liberation Army (PLA). In a letter dated June 24, the list of Chinese companies that could ...

U.S. 09/28/19, 12:54

The White House is mulling over delisting Chinese businesses from American stock exchanges in a broader effort to limit U.S. investors’ portfolio flows into China, some news media reported. Reuters cited one source saying President Trump’s administration is considering that move amid growing security concerns about Chinese companies’ activities. Bloomberg also reported ...

Politics 01/29/19, 08:52

Meng Wanzhou’s lawyer tells Reuters that client is being used as 'pawn' or 'hostage' in feud between Beijing and Washington