Category: private enterprises

‘After We Get Rich With Our Hard Work, the CCP Is There to Harvest:’ Former Chinese Millionaire

September 18, 2022
Asia & PacificChinaChina Business & EconomyChina Human RightsChinese RegimeextortionfurnitureGrassroots Resistanceprivate enterprisesSpecial Topicsthe CCPWorld
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Feng Zhenguo, former owner of a profitable wood furniture factory in China’s central Heibei province, experienced extortion from the environmental authorities and police, and was forced to sell his factory to Chinese police at a very low price. “The communist regime’s so-called reform and opening up is just to loosen the shackles around Chinese people’s…

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Beijing Reassures Support to Private Firms in a Bid to ‘Appease’ Public Amid Crackdown: Experts

September 9, 2021
ChinaChina Business & EconomyChinese RegimecrackdownLiu Heprivate enterprises
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Chinese Vice Premier Liu He announced this week that Beijing would stand by private enterprises. But experts say the Chinese regime is merely trying to “appease” the people and raise public confidence amid recent regulatory crackdowns on domestic businesses. On Sept. 6, Liu addressed a forum via video and stated, “Guidelines and policies for supporting the private…

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