Chinese expert worried about China’s 2 trillion dollars in overseas assets

Chinese expert worried about China’s 2 trillion dollars in overseas assets

Spotlight on China 2022-05-17 12:44:04

China’s aggressive behaviors against Taiwan and in the South China Sea raise concerns among financial experts about the country’s overseas assets. The sanctions imposed on Russia by the United States and its allies have given them a reference example.

US Congress pushes visa restrictions for Chinese connected with the Chinese communist regime

US Congress pushes visa restrictions for Chinese connected with the Chinese communist regime

Spotlight on China 2022-05-17 11:46:59

According to Chinese media outlet XiwangZhisheng, the U.S. Congress recently introduced two more blockbuster bills against Beijing. The bills aim to further restrict the visas of Chinese travelers to the U.S. and strengthen competitiveness against China.

13 countries proposed support Taiwan attending the World Health Assembly

13 countries proposed support Taiwan attending the World Health Assembly

Spotlight on China 2022-05-17 10:38:33

According to CNA, the World Health Organization (WHO) principal legal officer, Steven Solomon, confirmed that more than ten nations had submitted a proposal to invite Taiwan to attend the World Health Assembly (WHA) as an observer.

The 75th WHA is about to occur in Geneva, Switzerland, on May 22.

Shanghai neighborhood committee enjoys Swiss rolls while limits citizens to instant noodle

Shanghai neighborhood committee enjoys Swiss rolls while limits citizens to instant noodle

Spotlight on China 2022-05-17 09:07:53

Residents are demanding to disband a neighborhood committee in Shanghai after a video leaked online show its member enjoying high-quality food while limiting the residents to instant noodles.

Leaked audio reveals China’s military planning the invasion of Taiwan

Leaked audio reveals China’s military planning the invasion of Taiwan

Spotlight on China 2022-05-17 07:53:09

According to the GateWayPundit, leaked audio revealed that the Chinese military hosted a meeting in May 2022 to plan an invasion of Taiwan and the South China Sea.

Lockdown hits Shanghai airports, passenger traffic falls nearly 99% in April

Lockdown hits Shanghai airports, passenger traffic falls nearly 99% in April

Spotlight on China 2022-05-17 07:07:28

China's strict measures to contain the Covid outbreak have had a severe impact on the airline industry. In its financial hub of Shanghai, airports nearly froze due to its lockdown.

Mountain collapses in Guizhou, 3 elderly lose contact

Mountain collapses in Guizhou, 3 elderly lose contact

Spotlight on China 2022-05-17 06:13:04

Chinese mainland media The Paper reported a mountain collapse occurred in Zhijin County, Bijie City, Guizhou Province at about 12:00 on May 8.

People fear a prolonged lockdown after China withdraws from hosting Asian Cup

People fear a prolonged lockdown after China withdraws from hosting Asian Cup

Spotlight on China 2022-05-17 05:46:17

As Reuters reported, the Asian Football Confederation (AFC) announced China’s withdrawal from its hosting rights for the 2023 Asian Cup. The rationale behind this decision is the exceptional conditions caused by the Covid-19 outbreak.

As news of Shanghai’s reopening the city broke, people quickly pours into railway station

As news of Shanghai’s reopening the city broke, people quickly pours into railway station

Spotlight on China 2022-05-17 05:44:43

Shanghai- China’s financial hub, has announced its plans to gradually reopen. The state media reported on May 16 that Shanghai would roll out the opening in phases, and “normal life” will resume on June 1.

Economist: Current epidemic impacts China’s 2022 economy

Economist: Current epidemic impacts China’s 2022 economy

Spotlight on China 2022-05-17 04:52:34

According to Sina Finance, the 2022 Tsinghua Wudaokou Chief Economist Forum, “2022 in Turmoil—Global and Chinese Economic and Policy Outlook,” was held on May 14. According to Ting Lu, Chief Economist at Nomura Securities, the current epidemic’s economic impact in China is similar to the early stages of the outbreak in 2020.

Foreign lawyer in Shanghai: starving dogs and cats cry all night

Foreign lawyer in Shanghai: starving dogs and cats cry all night

Spotlight on China 2022-05-17 04:09:01

Jared T Nelson is an expat lawyer and the CEO of Pathway Compliance. He is spending his days in lockdown in Shanghai. Nelson often shares his miserable living situation, including the starvation of left-behind pets.

Sichuan hot pot restaurant sold nearly 50,000 pots of sewer oil in 2 years

Sichuan hot pot restaurant sold nearly 50,000 pots of sewer oil in 2 years

Spotlight on China 2022-05-17 03:44:38

Multiple Chinese media recently reported that a hot pot restaurant in Sichuan 四川 province was increasing its profits using gutter oil. Gutter oil is recycled waste oil, which comes with poorer quality and poses significant health risks for those who consume it.

Taiwan is stepping up measures to counter China's propaganda tricks

Taiwan is stepping up measures to counter China's propaganda tricks

Spotlight on China 2022-05-17 03:20:13

Taipei Times on May 16 cited a source saying that the Taiwan government is boosting measures to cope with China's cognitive warfare

IMF increases Chinese yuan's weight in the basket of top currencies

IMF increases Chinese yuan's weight in the basket of top currencies

Spotlight on China 2022-05-17 03:17:15

The proportion of major currencies in the SDR basket, an international reserve asset created by the IMF to supplement the official reserves of its member countries, was adjusted last Saturday, May 14, with dominant increases in the yuan and dollar.

Xi Jinping to resign speculations: How unlikely it is

Xi Jinping to resign speculations: How unlikely it is

Spotlight on China 2022-05-16 22:04:10

As rumors abound on social media that Chinese leader Xi Jinping is going to resign soon, the speech of a high-ranking military official appeared to have signaled a rebuttal to such a prospect.

Major routes of China's Belt and Road Initiative are in danger of collapse

Major routes of China's Belt and Road Initiative are in danger of collapse

Spotlight on China 2022-05-16 20:23:14

The railway corridor that crosses Eurasia has become an essential branch of the Belt and Road Initiative. It runs through Kazakhstan, Russia, and Belarus. Almost half of those routes pass through Russia.

Bankruptcy, job loss: Insiders share tragic stories under China’s lockdown-hit economy

Bankruptcy, job loss: Insiders share tragic stories under China’s lockdown-hit economy

Spotlight on China 2022-05-16 17:16:45

Zhihu is a Quora-like question-and-answer website in China. A user recently posted a question that attracted widespread attention amid the country's harshest ongoing lockdown.

Disinfectant tablets scattered on streets in Shanghai, affecting citizens' health

Disinfectant tablets scattered on streets in Shanghai, affecting citizens' health

Spotlight on China 2022-05-16 17:14:06

Shanghai (上海) health workers have been entering residents' homes to spray disinfectant. This practice follows China's rigorous "Zero-Covid" policy to curb the pandemic at all costs. Most recently, many areas in Shanghai have seen a large number of chlorine-containing disinfectant tablets. As a result, people and animals are now suffering symptoms of poisoning.

Shanghai to issue nearly $10 billion bonds following Covid lockdown

Shanghai to issue nearly $10 billion bonds following Covid lockdown

Spotlight on China 2022-05-16 14:08:50

After an over 6-week lockdown in Shanghai due to Covid outbreak, the Chinese financial hub plans to issue nearly 10 billion dollar bonds to supplement its financial resources.

Well-known economist claims China’s lockdown increases life expectancy by 10 days

Well-known economist claims China’s lockdown increases life expectancy by 10 days

Spotlight on China 2022-05-16 14:06:36

Beijing has launched severe control measures under the zero-epidemic policy, which has triggered public anger and caused business disruption.

At the 2022 Global and Chinese Economy and Policy Outlook conference on May 14, a well-known speaker presented a different view.

  • Chinese expert worried about China’s 2 trillion dollars in overseas assets

    Chinese expert worried about China’s 2 trillion dollars in overseas assets

  • US Congress pushes visa restrictions for Chinese connected with the Chinese communist regime

    US Congress pushes visa restrictions for Chinese connected with the Chinese communist regime

  • 13 countries proposed support Taiwan attending the World Health Assembly

    13 countries proposed support Taiwan attending the World Health Assembly

  • Shanghai neighborhood committee enjoys Swiss rolls while limits citizens to instant noodle

    Shanghai neighborhood committee enjoys Swiss rolls while limits citizens to instant noodle

  • Leaked audio reveals China’s military planning the invasion of Taiwan

    Leaked audio reveals China’s military planning the invasion of Taiwan

  • Lockdown hits Shanghai airports, passenger traffic falls nearly 99% in April

    Lockdown hits Shanghai airports, passenger traffic falls nearly 99% in April

  • Mountain collapses in Guizhou, 3 elderly lose contact

    Mountain collapses in Guizhou, 3 elderly lose contact

  • People fear a prolonged lockdown after China withdraws from hosting Asian Cup

    People fear a prolonged lockdown after China withdraws from hosting Asian Cup

  • As news of Shanghai’s reopening the city broke, people quickly pours into railway station

    As news of Shanghai’s reopening the city broke, people quickly pours into railway station

  • Economist: Current epidemic impacts China’s 2022 economy

    Economist: Current epidemic impacts China’s 2022 economy

  • Foreign lawyer in Shanghai: starving dogs and cats cry all night

    Foreign lawyer in Shanghai: starving dogs and cats cry all night

  • Sichuan hot pot restaurant sold nearly 50,000 pots of sewer oil in 2 years

    Sichuan hot pot restaurant sold nearly 50,000 pots of sewer oil in 2 years

  • Taiwan is stepping up measures to counter China's propaganda tricks

    Taiwan is stepping up measures to counter China's propaganda tricks

  • IMF increases Chinese yuan's weight in the basket of top currencies

    IMF increases Chinese yuan's weight in the basket of top currencies

  • Xi Jinping to resign speculations: How unlikely it is

    Xi Jinping to resign speculations: How unlikely it is

  • Major routes of China's Belt and Road Initiative are in danger of collapse

    Major routes of China's Belt and Road Initiative are in danger of collapse

  • Bankruptcy, job loss: Insiders share tragic stories under China’s lockdown-hit economy

    Bankruptcy, job loss: Insiders share tragic stories under China’s lockdown-hit economy

  • Disinfectant tablets scattered on streets in Shanghai, affecting citizens' health

    Disinfectant tablets scattered on streets in Shanghai, affecting citizens' health

  • Shanghai to issue nearly $10 billion bonds following Covid lockdown

    Shanghai to issue nearly $10 billion bonds following Covid lockdown

  • Well-known economist claims China’s lockdown increases life expectancy by 10 days

    Well-known economist claims China’s lockdown increases life expectancy by 10 days

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