News Analysis Banks in many places in China have reportedly introduced“heart-to-heart loans” that encourage unmarried couples to apply for home loans before they are married; and “centenary loans” that allow children to inherit their parents’ loan and extend the repayment period to 100 years. Experts believe that such relaxation of loan repayment time limits and borrower…
Chinese Banks Roll out ‘100 Year Loans,’ ‘Heart-to-Heart Loans,’ to Relieve Housing Price Pressure
US Blacklists 37 Companies, Including China’s BGI, Inspur
The Biden administration on Thursday added 37 companies to a trade, including units of Chinese genetics company BGI and Chinese cloud computing firm Inspur, in a move that promises to further ratchet up tensions with Beijing. The Commerce Department, which oversees export controls, added BGI Research and BGI Tech Solutions (Hongkong), over allegations that the…
Increasing Number of Chinese Rights Petitioners Disappear as State Meetings Commence
In the hope of having their grievances redressed, Chinese petitioners from all over China visit the state petitioning office in Beijing. This week, however, the annual “Two Sessions” meeting has seen increasing numbers of petitioners being detained in Beijing and across the country due to heightened security around the state meetings. The “Two Sessions” are…
Over 40 Chinese Vessels Swarm Philippine-Claimed Island Ahead of Talks
More than 40 Chinese vessels were spotted swarming Thitu Island, a contested Philippine-occupied island, on March 4 as negotiations on a code of conduct for the South China Sea set to resume this week. The Philippine Coast Guard (PCG) said that China’s navy ship, coast guard vessel, and 42 suspected Chinese maritime militia vessels anchored…
RCMP Investigating Media Leaks on Beijing Foreign Interference
A criminal investigation has been launched into the leaking of classified information to the media pertaining to Beijing’s foreign interference, the RCMP told The Epoch Times on March 6. The investigation relates to violations of the Security of Information Act, as several national security sources have leaked information of “secret” and “top secret” nature to…
Chinese Cranes at US Ports Trigger Spying Concerns
Cranes manufactured in China could be the latest security vulnerability facing the United States, with the equipment potentially offering Beijing a peek into import and export data. Shanghai Zhenhua Heavy Industries Co. (ZPMC) is a manufacturer of ship-to-shore cranes which are used to load and unload containers from ships to docks and vice versa. ZPMC,…
LIVE 9:44 AM ET: Defense Policy Changes in the Indo-Pacific in Response to Rising Tensions Over Taiwan: A GTI Event
The tension in the Taiwan strait and the surrounding area continuously escalated in 2022. Most of the attention was drawn to dangerous military operations made by the Chinese communist regime and responses from the United States in the area. Less was paid to the efforts that countries in the Indo-Pacific region have made. In a…
Defense Policy Changes in the Indo-Pacific in Response to Rising Tensions Over Taiwan: A GTI Event
The tension in the Taiwan strait and the surrounding area continuously escalated in 2022. Most of the attention was drawn to dangerous military operations made by the Chinese communist regime and responses from the United States in the area. Less was paid to the efforts that countries in the Indo-Pacific region have made. In a…
China Says It Will Not Deliver Weapons to Russia: German Chancellor
The Chinese regime has declared that it will not supply Russia with weapons to aid in its invasion of Ukraine, German Chancellor Olaf Scholz said on March 5. Scholz made the comments at a press conference at the German government retreat in Meseberg, north of Berlin on Sunday, where he was joined by European Commission President Ursula von…
54 British Parliament Members Petitioned for the Release of Hong Kong Former Legislative Council Member
It has been two years since the Hong Kong Government prosecuted 47 candidates at the pro-democracy primaries. Fifty-Four bipartisan members of the House of Commons and the British human rights group Hong Kong Watch urged the Foreign Office to step in and push for the release of the defendants. Bipartisan members, including former Hong Kong…
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