Beijing on April 13 sanctioned U.S. House Foreign Affairs Committee Chairman Michael McCaul in retaliation over his recent visit to Taiwan, claiming that the move had sent a “seriously wrong signal.” The Texas Republican lawmaker last week led a bipartisan delegation to democratically-ruled Taiwan to discuss strengthening economic and defense ties in the face of…
‘Badge of Honor’: McCaul Pledges Undeterred Support for Taiwan After Chinese Sanction
April 13, 2023
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Asia & PacificChinaChinese RegimeMcCaulMichael McCaulsanctionSpecial TopicsTaiwanUSUS NewsUS-China relationsWorld
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McCaul Calls Being Sanctioned by China Over Taiwan a ‘Badge of Honor’
April 13, 2023
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Asia & PacificChinaChinese RegimeMcCaulMichael McCaulsanctionSpecial TopicsTaiwanUSUS NewsUS-China relationsWorld
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U.S. House Foreign Affairs Committee Chairman Michael McCaul (R-Texas) calls it a “badge of honor” that the regime in Beijing on April 13 sanctioned him in retaliation for his recent visit to Taiwan and asserted that his efforts send a “seriously wrong signal.” The Texas Republican lawmaker last week led a bipartisan delegation to democratically…
Women’s Tennis Tour Ends Peng Shuai-Inspired China Boycott
The women’s professional tennis tour will bring its events back to China later this year, announcing on Thursday, April 13, the end of a boycott instituted in late 2021 over concerns about the safety of former player Peng Shuai after she accused a high-ranking government official there of sexual assault. WTA Chairman and CEO Steve…
Chinese Tech Giants Tencent and Douyin New Partnership Possibly Facilitated by the CCP
The announcement of the partnership between Tencent and Douyin, the Chinese counterpart of TikTok, on April 7 sparked immediate concern in the market. As competitors in short and long video hosting services in China, Douyin and Tencent have been in court several times over copyright issues, leading to lengthy litigation. Some believe the Chinese Communist Party…
Share of Americans Who Describe China as ‘Enemy’ Rather Than ‘Competitor’ Surges: Poll
A growing number of Americans are increasingly viewing China as an “enemy” as opposed to a competitor or partner of the United States, according to a newly released Pew Research Center survey. Pew surveyed 3,576 adults from March 20 to March 26. The survey, which was published on April 12, is weighted to be representative of…
Sandstorms Shroud Beijing, Northern China
Sandstorms continue to wreak havoc in parts of China. Air dust covers most of the region north of the Yangtze River, causing air pollution in at least 18 provinces and cities. According to the latest three-day forecast, sandstorms will continue in North China from April 13 to 15. The sandstorm in the north is anticipated to continue…
BC Chinese Communities Tell Mendicino of Intimidation by Foreign Powers and Proxies
April 13, 2023
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CanadaChinaChinese Regimefederal electionforeign agent registryForeign interferenceintimidationWorld
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Federal Public Safety Minister Marco Mendicino says Chinese community members in Vancouver have told him of “intimidation, harassment and abuse” linked to foreign governments or their proxies, confirming the need for a foreign agent registry. Mendicino said he met Wednesday with a “robust cross-section” of people from the communities. The results, he said, reinforced the…
Why Can’t Inflation Escape the Fate of the Mid-1970s?
Commentary As the first round of the banking crisis fades, the market is refocusing on inflation and interest rate hike. Although U.S. inflation did come down, whether measured by consumer price index (CPI) or personal consumption expenditure (PCE), the year-over-year (YoY) downtrend was slow, and the month-over-month (MoM) decline was not persistent. For other advanced…
China’s ‘M&A King’ Bao Fan Vanished, Rocking Country’s Financial Sector
China’s “M&A King” Bao Fan has been missing for over 50 days, sending shockwaves throughout the country’s financial and political circles. On April 3, China Renaissance Group, the company Bao founded, announced a trading halt, suspending trading from 9:00 am that day. The release of its annual performance report for 2022 has also been deferred…
Driven to Desperation, Mainland Chinese Seek a New Life Elsewhere
Three years of extreme anti-COVID lockdown measures have resulted in many Chinese wanting to escape China, where they say there is little hope. Some have made it abroad successfully, while others are seeking opportunities. Despite the danger and an uncertain future, they share the same belief: Free air is worth it. “I had to escape…
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