Category: China Business & Economy

Chinese Law Scholar Reveals Inside Information Behind the CCP’s Abrupt Easing of Zero-COVID Policy

For the past three years, the Chinese Communist Party (CCP) has been implementing harsh zero-COVID measures, which have created humanitarian disasters across the country and severely damaged the national economy. Starting in November this year, the CCP suddenly abandoned its tough stance on COVID-19, halted mandatory mass PCR testing, and allowed people with mild symptoms…


China’s $108 Billion Bond Sale Indicates Looming Economic Crisis: Experts

News Analysis Beijing announced on Dec. 9 the issuance of 750 billion yuan (about $108 billion) worth of special sovereign bonds aimed at stimulating the Chinese economy. Experts believe the move indicates that China faces a looming economic crisis, but it could give “local governments some breathing space” from their massive expenditures under the zero-COVID…


PREMIERING 7:30PM ET: Ashley Yablon: How I Exposed a CCP Tech Giant’s Elaborate Scheme to Evade US Sanctions

This episode will premiere on Thursday, Dec. 15, at 7:30 p.m. ET. “As I was scrolling through it, I saw a section of the contract that was titled, ‘How we will get around U.S. export laws’ … And I nearly fell out of my chair when I saw that, and I knew that I needed…


US Experts Worried About China Cornering Market for Old-Gen Chip Technology

With Chinese firms increasingly focusing on boosting the production of older generation chips, experts in the United States and the Western world more broadly, are worried about the development posing a significant international security threat. Older generation chips are still critical for various technologies. For instance, 28-nanometer chips have been in use since 2011 in…


CNY Mainly ‘Internationalized’ in Offshore Hong Kong

Commentary Recently, Xi Jinping of mainland China visited Saudi Arabia, arousing speculation of some new deals to be done. Specifically, some nationalists expect a substantial portion of Saudi oil exported to China to be settled in the Chinese Yuan (CNY) rather than the U.S. dollar. Such wishful thinking is obviously self-defeating by looking at the…


PREMIERING 12/15 at 7:30PM ET: Ashley Yablon: How I Exposed a CCP Tech Giant’s Elaborate Scheme to Evade US Sanctions

This episode will premiere on Thursday, Dec. 15, at 7:30 p.m. ET. “As I was scrolling through it, I saw a section of the contract that was titled, ‘How we will get around U.S. export laws’ … And I nearly fell out of my chair when I saw that, and I knew that I needed…


Chinese Billionaire Faces Extradition to US for Allegedly Bribing San Francisco Officials

A Chinese real estate mogul is battling extradition to the United States from the UK for his alleged role in bribing San Francisco city officials. Zhang Li, the billionaire co-founder and CEO of Guangzhou-based R&F Properties, is wanted in California for allegedly bribing public officials between 2015 and 2020. Zhang is accused of paying kickbacks…


Bipartisan Legislation Seeks to Ban ‘CCP Puppet Company’ TikTok from US

A bipartisan group of lawmakers is seeking to ban social media giant TikTok from operating in the United States. The effort follows extensive testimony from U.S. intelligence leaders that the app poses a threat to national security. Legislation seeking to ban the app was introduced into both houses of Congress on Dec. 13 by Sen….


UK Security Minister Tom Tugendhat Warns of CCP’s Influence on Youth Through TikTok

Britain’s Security Minister Tom Tugendhat has warned that in the run-up to the next general election large numbers of young voters will be getting their news from TikTok whose editorial board, he said, is comprised of members of the Chinese Communist Party (CCP). Giving a speech at the Policy Exchange think tank in London on…


UK Government Intervenes in Chinese Takeover of Shell Company Over Risks to National Grid

The UK has imposed restrictions on the Chinese takeover of a shell company worth £1, saying the move mitigates national security risks. In a notice of final order (pdf) published on Dec. 6, the Department for Business, Energy & Industrial Strategy (BEIS) said Business Secretary Grant Shapps considers the takeover of XRE Alpha Limited by China Power International Holding…