Chinese regime’s Belt and Road begins to be rejected

Economy 01/25/23, 18:10

The Belt and Road initiative, presented by Xi Jinping in 2013, is one of the projects that best represent the Chinese Communist Party (CCP)'s ambition on the world stage. The network of infrastructures aims to streamline trade to and from China. But, it needs a powerful propaganda tool to convince ...

China’s GDP growth is the Party’s new obsession

Trending 11/07/22, 19:09

The "zero-COVID" policy along with the real estate crisis, and restrictions from the United States and other countries, are hitting the Chinese economy hard. After the 20th Party Congress, the Chinese communist regime urgently needs to show positive economic growth results, however, it faces major obstacles. One of the most important ...

Vietnam imposes anti-dumping tariffs on unfair Chinese competition

Economy 10/13/22, 13:04

In order to protect its domestic industry, Vietnam's Ministry of Industry and Trade announced on October 4 that it would apply anti-dumping tariffs between 21.45% and 35.2% on certain furniture of Chinese origin. It would start mid-October and go on for four months. Reuters reported that imports of tables and ...

Shocking video of how Beijing gradually controls people’s assets

Economy 09/16/22, 15:08

Recently, a video titled "Everything is under control and cannot escape the devil's claws" has attracted attention on Chinese social media, where comments are closely monitored. In the video, a man shows how the CCP has gradually found the wealth of the rich at home and abroad over the past ...

China National Railway Corporation’s debt and losses are huge

Trending 09/04/22, 14:53

China National Railway Group Co., Ltd (hereinafter referred to as China Railway Group) had a total debt of 6 trillion yuan ($874.79 billion) and a net loss of 80.4 billion yuan ($11.72 billion) in the first half of this year, more than the total losses of the three major airlines ...

How critical is China’s budget shortage?

Economy 08/26/22, 17:19

The hidden debts of Chinese local governments has continuously broken records in recent times. Up to half of them have fallen into financial distress and are waiting for financial support from the central government. The banking system, as a matter of fact, has also fallen into crisis. It all stems ...

8 points show Chinese economy ‘in desperate situation’

Economy 08/25/22, 16:57

China's economy barely escaped contraction in the second quarter, according to analysts, as consumer and factory activity faltered in the face of repeated pandemic lockdowns. According to FT, the Chinese economy seems to be in a “desperate situation” with 8 points showed as follows: 1. Retail sales and industrial production rose ...

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 ...

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