Tag: China Business & Economy

CCP’s High-Tech Repression in Xinjiang Calls for Tougher Sanctions: Advocates

The Chinese regime’s aggressive rollout of new technologies to step up its repression of Uyghurs in western China calls for new responses on the part of allied nations outraged at the human rights abuses, said panelists at a recent virtual event hosted by The Brookings Institution think tank. Laura Rosenberger, senior director for China and…


Evergrande Sells 4 Projects to State-Owned Firms for $337 Million

HONG KONG—China Evergrande Group said on Friday it sold stakes and “right to debt” in four developments to two state-owned trust firms for 2.13 billion yuan ($337.35 million), in a move to ensure their construction goes ahead as well as delivery of its other projects. The world’s most indebted property developer is struggling to complete…


Chinese Communist Party Sends Mixed Signals on Russia Sanctions

The Chinese Communist Party (CCP) is sending mixed signals about its commitment to uphold international sanctions against Russia, following the latter’s invasion of Ukraine. The CCP regime has enacted some sanctions and lifted others. Two of China’s largest state-owned banks restricted financing for purchases of Russian commodities on Feb. 25, following an announcement of a…


The Historic US Opening to China: A Retrospective

News Analysis As the anniversary of President Richard Nixon’s historic visit to Beijing reaches the half-century mark, it is time to take stock. China’s state-controlled media unanimously praised the event. The 1972 photograph of Nixon’s deplaning from Air Force One, his wife wearing a symbolically bright red coat, was prominently reproduced in the media. His…


China’s Anti-Corruption Campaign Targeting Food System Reveals Food Shortage Crisis: Experts

China’s food system has recently been the target of the regime’s anti-corruption campaign. Nearly 40 officials have been investigated and sacked in recent months, and the issue of food security has once again attracted attention. Analysts believe that targeting corruption in the food system has highlighted the serious problem of food shortages in China. On…


House Republicans: Why Did US Not Review China Acquisition of Canadian Critical Minerals Firm?

A trio of House Republicans is challenging five top Biden administration cabinet secretaries to explain why a company controlled by the Chinese Communist Party (CCP) was able to buy Canada’s Neo Lithium Corp. with no review by Prime Minister Justin Trudeau’s government. “The Canadian mining company Neo Lithium Corp has recently been acquired by Chinese…


China’s ‘Belt and Road’ Brings Crime to Sihanoukville, Cambodia

News Analysis Chinese fraud cases have been rampant in Cambodia in recent years. Causes for Chinese fraudsters booming in Cambodia are complex, with some international media suggesting that China’s Belt and Road Initiative (BRI) plays an important role. In April 2015, Chinese Communist Party’s (CCP) leader Xi Jinping proposed strengthening infrastructure cooperation, when he met…


As China’s Trial of Digital Yuan at Olympics Ends, Experts Warn of Dangers of Digital Currency

As China’s debut of its digital currency draws to a close in tandem with the 2022 Winter Olympics, the regime’s crypto ambitions remain in place. Experts warned of the Chinese Communist Party’s centralized control, both at home and abroad. A digital currency will empower the regime’s control over its populace, especially dissenters, as all future…


China’s New Probe of Jack Ma’s Ant Group Flags the Return of More Regulatory Crackdowns

A reported comeback of Beijing-led regulatory crackdowns on Jack Ma’s Ant Group has sounded alarm bells for China’s fintech sector. Ant, the payment affiliate of Alibaba Group, is facing more state intrusion with Beijing asking banks and state-owned enterprises to conduct a fresh round of checks of their financial exposure and other links with the…


Push for Electrification to Reach Net Zero Means Large-Scale Mining, Greater Dependence on China: Experts

“Electrification” has become a watchword for the Biden administration, particularly as part of the push for net-zero emissions in the U.S. economy by 2050. In November 2021 remarks to GM CEO Mary Barra, for example, President Joe Biden credited General Motors with having “electrified the automobile industry”—a claim immediately questioned by Tesla Motors’ Elon Musk. The…