The foreign ministers of New Zealand and Australia have refused to respond to questions over Taiwan’s application to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Speaking at a joint press conference in Canberra, Australian Foreign Minister Penny Wong and NZ Foreign Minister Nanaia Mahuta both refused to answer questions about Taiwan’s upcoming application, instead…
NZ and Australia Refuse to Comment on Taiwan Application to Trade Deal
December 6, 2022
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Asia & PacificAustraliaBusiness & MarketsChinaChina Business & EconomyChina-Australia RelationsChinese RegimeCPTPPeconomic policiesInternationalInternational RelationsSpecial TopicsTaiwanWorld
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Tesla to Issue Software Updates for 435,000 Cars in China Over Marker Light Issue
SHANGHAI—Tesla Inc. will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision, a regulatory body said. The fix, which counts as a recall, will be issued by an over-the-air update. It covers 142,277 Model 3 cars and…
China’s Communist Cadres Warned Not to Gamble During World Cup Amid Capital Outflow Concerns
It’s not a secret that many Chinese Communist Party (CCP) officials are keen on gambling during the World Cup, and during this year’s FIFA tournament, China’s top disciplinary watchdog warned that gambling is ruining young cadres. A Nov. 24 article of the State Supervision Commission of the Central Discipline Inspection (CCDI) revealed several cases of…
Promoting China’s Economic Growth ‘At the Expense’ of Other Nations: A Jiang Zemin Legacy
December 2, 2022
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Business & MarketsChinaChina Business & EconomyChinese Regimeeconomic growthJiang ZeminUS-China relations
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News Analysis Immediately following the death of former Chinese Communist Party leader Jiang Zemin, numerous Western media outlets began to laud his efforts to open the Chinese economy to the outside world and create a “global economic juggernaut.” They cited rapid economic growth throughout a decade of his leadership in the post-Tiananmen era as evidence…
China Factory, Services Activities Slide to 7-Month Lows on COVID-19 Curbs
BEIJING—China’s manufacturing and services activities shrank further in November to seven-month lows, official data showed, stung by the country’s strict COVID-19 restrictions and rising infections that analysts said will hurt the economy well into 2023. As the coronavirus has spread in China, Beijing has imposed prolonged lockdowns in several places. The clampdowns have hit production…
Billionaire Brothers Under House Arrest in China for Suspected Financial Crimes
Paul Xiaoming Lee, (Li Xiaoming) the richest man in China’s Yunnan province, and a U.S. citizen, and his younger brother Li Xiaohua, reportedly a U.S. green card holder, are currently under residential surveillance by police in China. The path to wealth of the super-rich brothers is attracting a great deal of attention. Moreover, over the past…
Apple ‘Serving as Vassal for CCP’ Amid Anti-Authoritarian Protests, DeSantis Says
November 30, 2022
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Business & MarketsCCPChinaChina Business & EconomyChina Human RightsChinese RegimeCompaniesCOVID-19 protestsFinance & Business TiesFloridaInternational RelationsLocal NewsMedia & Big TechRegional-Local Newssocial controlSpecial TopicsTechUSUS News
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Amid intense and often chaotic protests in China over the regime’s authoritarian and punitive COVID-19 policies, California-based Apple Inc. is facing criticism for enforcing policies that make it harder for Chinese citizens to use certain Apple products to talk, text, and share content. Florida’s Gov. Ron DeSantis, who recently won reelection in his home state…
China Loans Growth Is ‘Lying Down’ With No Clear Answer to Its Financial Problems
Commentary The People’s Bank of China (PBoC) cut the required reserve ratio (RRR) by 25 basis points (bps) for all financial institutions. The mouthpiece claimed a release of 500 billion yuan (or over 70 billion U.S. dollars) in just one cut, but if this had been the case, then the trillion-debt crisis would have been…
Asia’s Richest Man: China Will Be ‘Increasingly Isolated’
November 29, 2022
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Asia & PacificBelt and RoadChinaChina Business & EconomyIndiaInternational RelationsIsraelSri LankaWorld
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Gautam Adani, Asia’s richest man, has stepped in to help countries escape economic hardship caused by China’s Belt and Road Initiative (BRI). Adani is part of a movement of increasing resistance to BRI. The Indian billionaire predicts that it will lead to growing isolation for China. As of Nov. 27, Adani was the richest person…
CCP Continues to Seek Capital From the West as China’s Economy Deteriorates: Expert
The Chinese Communist Party is continuing to seek capital from the West in the hopes of buttressing its domestic economy struggling with the ongoing effects of the regime’s strict zero-COVID policy, according to China expert retired Brigadier Gen. Robert Spalding. “There’s this competing effort happening where many of the Chinese proxies … are trying to help…
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