Tag: China Business & Economy

Beijing Pushes Monetary Easing Ahead of US Interest Rate Hike

As the U.S. Federal Reserve (the Fed) quickens its pace of tightening, the Chinese Communist Party (CCP) authorities unleashed a barrage of easing policies this month to stimulate China’s economy, with the two countries’ monetary policies apparently pointed in opposite directions. Some analysts believe that the early release of an easing policy by the People’s…


China’s Urban-Rural Income Gap Keeps Widening, Challenging Xi’s ‘Common Prosperity’

Recently, authorities and experts in China have acknowledged that income inequality between urban and rural areas is increasing and that it presents a tremendous challenge for achieving “common prosperity.” “Common Prosperity” is a propaganda slogan coined by Communist Party leader Xi Jinping. It promises economic stability to all Chinese citizens and is at the same…


China Tightens Its Grip on Free Capital

News Analysis As China struggles with a slowing rate of growth and unrestrained economic forces, the Chinese Communist Party (CCP) has continued its effort to consolidate direct control over capital allocation and markets. The tightening regulatory control is representative of the CCP’s recent drive to increase state intervention into markets. The People’s Bank of China…


Port Congestion Worsens as Omicron Variant Exacerbates Global Supply Chain Crisis

Omicron outbreaks have exacerbated shipping congestion across the globe, with major Chinese and U.S. ports affected. Experts forecast that supply chain bottlenecks will continue into at least the second half of this year. With a fresh wave of COVID-19 outbreaks spreading in China, Chinese Communist Party (CCP) officials have launched mass lockdowns and testing, driven…


Beijing’s Surveillance Olympics

News Analysis The Chinese Communist Party (CCP) hopes to pull off a problem-free Olympics in order to bolster China’s international standing. In practice, this means around 11,000 people from around the world will be subjected to invasive surveillance and an extreme testing and quarantine regime, loaded with political and security risks—which may negatively impact athletes’ performance. The Chinese…


Upcoming Live Q&A Webinar: With New Lockdowns, Is the CCP Reaching a Breaking Point?

The Chinese regime is bringing back new lockdowns for an alleged new outbreak of the CCP Virus. Videos have emerged of authorities welding shut the doors of housing complexes, locking people inside, and reports are increasingly emerging of people nearing starvation. These actions take place just ahead of the Beijing Olympics, and amid growing signs…


Xi Jinping Struggles to Control China’s Economy and Avoid Chaos

News Analysis While the U.S. Federal Reserve and other central banks in the developed world are preparing to curb high inflation by winding down pandemic stimulus and raising interest rates, Chinese leader Xi Jinping is attempting to stimulate China’s economy, as he fears public unrest. “Once economic and financial risks are mishandled, they can easily…


Debt Crisis Looms as China’s Housing Market Continues to Slump

The deepening debt crisis at Chinese developers like Evergrande Group, along with Beijing’s efforts to rein in property speculation, has stifled housing demand and hit the country’s economy. The output from the real estate sector fell 2.9 percent year-on-year in the fourth quarter, according to a supplemental report from the National Bureau of Statistics (NBS) on…


US Suspends 44 Flights by Chinese Carriers in Response to Beijing’s Cancellations

The U.S. Transportation Department said it’s going to suspend 44 China-bound flights by Chinese carriers after China suspended dozens of similar flights by U.S. carriers. Biden administration announced on Friday that the United States was to ground Xiamen Airlines’ scheduled flights from Los Angeles to Xiamen starting Jan. 30. In addition, the United States will…


US Suspends 44 US Flights by Chinese Carriers After China Action

WASHINGTON—The U.S. government said on Friday it would suspend 44 China-bound flights from the United States by four Chinese carriers in response to the Chinese government’s decision to suspend some U.S. carrier flights over COVID-19 concerns. The suspensions will begin on Jan. 30 with Xiamen Airlines’ scheduled Los Angeles-to-Xiamen flight and run through March 29,…