Tag: Li Keqiang

Record Numbers of Chinese Graduates Enter Worst Job Market in Decades

BEIJING—Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job upon graduation, following four rounds of arduous interviews. But last month, the company told the students their contract offers were cancelled due to COVID-19 headwinds and the bad state of the economy in…


CCP Bans Officials and Their Families From Business Activities

China’s ruling communist party (CCP) has issued a new regulation in the name of anti-corruption banning high-ranking officials and their families from big business activities. Experts pointed out that it’s related to the CCP’s factional infighting and economic problems. According to the Chinese regime’s official media Xinhua, on June 19, the Central Committee of the CCP…


Fall of High-Level Party Official Who Faked Economic Data Triggers Concern Over China’s Economy

China’s top disciplinary watchdog announced on May 31 that it has removed a former top official in eastern Jiangsu Province from the Chinese Communist Party (CCP) and the regime’s public office. Zhang Jinghua, former deputy CCP chief of Jiangsu, was accused of “faking economic figures for personal promotion and meddling in market activities in violation…


Comic Artist Details ‘Hijacking Broadcast’ in China; 100,000 People Meeting to Rescue Economy in China

China’s second in command talks with 100,000 people over the failing economy. Is he splitting from Xi Jinping or simply doing his part? We analyze why COVID-19 is causing a diverging opinion among top leadership inside the Communist Party. I speak with comic artist Daxiong, who escaped China after the Chinese Communist Party began a…


China’s Industrial Profits Slump in April as COVID-19 Curbs Squeeze Firms

BEIJING—Profits at China’s industrial firms fell at their fastest pace in two years in April as high raw material prices and supply chain chaos caused by COVID-19 curbs squeezed margins and disrupted factory activity. Profits shrank 8.5 percent from a year earlier, swinging from a 12.2 percent gain in March, according to Reuters’ calculations based on…


China Holds Unprecedented Meeting as ‘Zero-COVID’ Crushes Economy

China’s premier Li Keqiang on May 25 presided over an meeting of over 100,000 officials to issue a stark warning about the “grim challenges” ahead for the country’s economy that has been battered by the communist regime’s COVID-19 policies. In a teleconference with representatives from provincial, city, and county levels of government, Li warned about…


Xi Jinping’s Deal With Li Keqiang and Xi’s Major Crises: China Expert

Chinese regime leader Xi Jinping mysteriously vanished from the front pages of China’s official media on May 17 and 18, while Prime Minister Li Keqiang appeared in the official headlines on May 17. It is noteworthy that three days earlier, on May 14, two CCP major mouthpieces published the full text of a speech delivered…


China Downgrades ‘Common Prosperity’

News Analysis A few months ago, Chinese leader Xi Jinping touted “common prosperity.” But in recent weeks, Beijing has barely mentioned it and instead began referring to a modified version of the policy, called “third distribution.” “Common prosperity” is broadly believed to be a method of “killing the rich to help the poor,” which means…


Hundreds of Millions of Chinese Need Jobs: Premier Li Keqiang

In 2022, 16 million Chinese people will join the workforce and need a job. At the same time, almost 300 million migrant workers will enter the cities, to earn money to feed their families in villages back home, Chinese Premier Li Keqiang said on March 11. In 2022, hundreds of thousands of veterans will leave…


China’s 2021 ‘Accomplishments’: What Chinese Premier Li Didn’t Mention in His Economic Report

News Analysis Watching the Chinese Communist Party’s (CCP) “democracy with Chinese characteristics” in action is illuminating, mind-boggling, and laughable. These also apply to formal presentations by Party officials to their rubber-stamp legislature, the National People’s Congress (NPC). Illuminating in the absurdity of the CCP’s ongoing efforts to insist that its version of “democracy” compares in…