The Chinese communist regime recently released a public security budget for 2023 with official numbers of some 208.972 billion yuan ($30.5 billion)—the first time its projected public security expenditure has exceeded 200 billion yuan. Human rights lawyer Wu Shaoping said the so-called “stability maintenance” expenditures of the Chinese Communist Party (CCP) are effectively a bottomless pit for…

China’s homegrown tech giants confront insurmountable obstacles when listing abroad, as the Communist Regime has stepped up efforts to control them, says a China expert. Li Hengqing, a scholar at the Washington Institute for Information and Strategy, said the proposed scrutiny of all offshore listings was aimed at stopping companies’ data, and more importantly, money…

On Feb. 24, The Hong Kong government announced a new budget for fiscal year 2021–2022, allocating HK$ 8 billion (US$ 1 billion) for the national security crackdown, despite facing a huge deficit. This is the first time that national security expenditures appeared in the Hong Kong government’s budget, following Beijing putting out and implementing the…

On Feb. 24, the Hong Kong government announced a new budget for fiscal year 2021–2022, allocating about $1 billion (HK$8 billion) for national security expenditures, despite facing a huge deficit. This is the first time that national security expenditures appeared in the Hong Kong government’s budget since Beijing implemented the national security law at the…