Category: China Business & Economy

The TikTok Trojan Horse and China’s Long Arm of Artificial Intelligence: Geoffrey Cain

 In this episode of American Thought Leaders, I sit down with Geoffrey Cain, an award-winning journalist, technologist, and author of “The Perfect Police State: An Undercover Odyssey into China’s Terrifying Surveillance Dystopia of the Future.” “Everybody was constantly being watched by an artificial intelligence system, which was called the IJOP,” says Cain, referring to a…


Chinese State-Run Media Disapproves of Italy’s Newly Elected Meloni

The coalition led by the Brothers of Italy won Italy’s general election on Sept. 25. The party’s leader Giorgia Meloni will become the country’s first female prime minister. The Chinese communist regime and its official media reacted to Meloni’s victory with a warning and negative prediction, as Meloni has expressed strong support for Taiwan and…


CCP Reselling Russian Gas to make Europe Reliant

The Chinese Communist Party (CCP) is reselling energy supplies from Russia to Europe in a bid to increase its influence. Since the Chinese and Russian leaders met at the Shanghai Cooperation Organization summit in early September, a series of moves show that Beijing and Moscow have strengthened their energy cooperation. Russian Energy Minister Alexander Novak…


PREMIERING 7:30PM ET: The TikTok Trojan Horse and China’s Long Arm of Artificial Intelligence: Geoffrey Cain

This episode will premiere on Thursday, Sept. 29, at 7:30 p.m. ET.  In this episode of American Thought Leaders, I sit down with Geoffrey Cain, an award-winning journalist, technologist, and author of “The Perfect Police State: An Undercover Odyssey into China’s Terrifying Surveillance Dystopia of the Future.” “Everybody was constantly being watched by an artificial…


‘Elon’s Fanboy’ Leo KoGuan Now Third Largest Individual Tesla Shareholder

Leo KoGuan, a wealthy Singapore-based Chinese businessman, updated his Telsa holdings several times in September and announced on Sept. 22 that his shares now totaled more than 22 million. KoGuan said via Twitter that he purchased 11,380 shares of Tesla stock at $288.82/share on that day, bringing his total to “22,750,000 shares of Tesla.” In a…


China’s Belt and Road Investment Is Losing Steam

News Analysis The Chinese economy is flagging while Belt and Road Initiative (BRI) countries deal with debt and inflation. In the first half of 2022, China’s overall BRI investment slowed, with zero money flowing into Russia. Launched in 2013, the BRI (also known as “One Belt, One Road”) is Chinese leader Xi Jinping’s plan to expand…


In China, Home Buyers Occupy Their ‘Rotting’, Unfinished Properties

GUILIN, China—For six months, home for Ms. Xu has been a room in a high-rise apartment in the southern Chinese city of Guilin that she bought three years ago, attracted by brochures touting its riverfront views and the city’s clean air. Her living conditions, however, are far from those promised: unpainted walls, holes where electric…


World Bank Cuts 2022 East Asia Growth Outlook, Cites China Slowdown

MANILA—Economic growth in East Asia and the Pacific will weaken sharply in 2022 due to China’s slowdown, but the pace of expansion will pick up next year, the World Bank said on Tuesday. The Washington-based lender said in a report it expected 2022 growth in the East Asia and Pacific region, which includes China, to…


China’s Yuan Ends at 28-month Low Despite Fresh Policy Step, Nears Daily Lower Limit

SHANGHAI—China’s yuan finished domestic trading session at a new 28-month low against the dollar on Monday, near its downside trading limit, despite the central bank taking steps to rein in the currency’s weakness. The People’s Bank of China (PBOC) said it would raise the foreign exchange risk reserves for financial institutions when purchasing FX through…


Freight Rates on US–China Routes Plunge Amid Rising Risk of Global Recession

With shipping prices falling at record rates, the number of container ships waiting offshore at the Port of Los Angeles–Long Beach has fallen to fewer than 10 from more than 100 in January. The risk of a global recession is rising, according to analysis from experts. According to Nomura Research Institute, in the first week…