Australian Treasurer Jim Chalmers has downplayed threats of retaliation from Beijing as the country follows in the stead of other governments in imposing mandatory COVID-19 testing on Chinese travellers. The Chinese communist regime has condemned the measure introduced on Jan. 5 on travellers from China, Hong Kong, and Macau. “We believe that the entry restrictions…
Australian Treasurer Downplays Beijing’s Displeasure With COVID-19 Testing Requirements
January 3, 2023
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AustraliaCCP VirusChinaChina Business & EconomyChina-Australia RelationsCOVID-19InternationalInternational RelationsJim ChalmersWorld
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Incoming GOP China Committee Chair Calls Tiktok ‘Digital Fentanyl’
January 2, 2023
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Rep. Mike Gallagher (R-Wis.), the incoming chairman of a new House select committee on China, said the Chinese video-sharing app TikTok is an addictive drug that the Chinese regime is offering Americans. “It’s highly addictive and destructive, and we’re seeing troubling data about the corrosive impact of constant social media use, particularly on young men…
Taiwan’s Exports Down for Three Consecutive Months Amid Weakening Chinese Economy
Impacted by China’s weakening economy and falling demand from end-users, Taiwan’s Department of Statistics said that the country’s export orders plunged by 23.4 percent in November compared to the same month last year. The drop marked the third consecutive monthly year-on-year decline and the sharpest fall since March 2009. Experts said it is almost a foregone…
Honda to Recall 200,000 Hybrid Vehicles Made in China: Regulator
Honda will recall just over 200,000 hybrid vehicles due to issues with brake pedal sensors in some models, China’s State Administration for Market Regulation said in a statement on Thursday. A total of 105,608 hybrid vehicles produced between Oct. 8, 2018 and Sept. 7, 2020 by the Japanese carmaker’s venture with Dongfeng Motor Group Co….
CCP Now Scrambles to Save Economy After 3 Years of Extreme COVID-19 Restrictions Fail to Prevent Outbreak
December 29, 2022
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The Chinese Communist Party (CCP) held an economic work conference in Beijing a week after its sudden abandonment of “zero-COVID” amid exponentially increasing citizen reports of COVID-19 cases and deaths. During the meeting, Chinese leader Xi Jinping stressed the need to “vigorously boost market confidence” while expressing strong support for the country’s private sector. Beijing announced…
China’s Employment Outlook and Income Confidence Hit Record Lows: Survey
As the economic slump grew deeper this year, Chinese people’s trust in the labor market, their wages, and their interest in purchasing homes all plummeted to record low levels, a recent survey shows. The People’s Bank of China’s Employment Sentiment Index, representing residents’ prospects for jobs, fell to 33.1 in the fourth quarter of 2022,…
Tesla Shares Extend Losses on Demand Worries in China
Tesla Inc. shares fell 11.4 percent on Tuesday after a Reuters report that Tesla was planning to run a reduced production schedule in January at its Shanghai plant sparked worries of a drop in demand in the world’s biggest car market. The stock, which fell to its lowest in more than two years and had…
Carmakers Considering Cutting Ties With China Due to Persistent Supply-Chain Issues, Political Tensions
December 27, 2022
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automakersBusiness & MarketsChinaChina Business & Economychina supply chainCompaniesdependence on ChinaeconomyMade in ChinaMarketsStellantiszero covid restrictions
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After setting up shop in China to take advantage of its cheap, massive labor force, multiple carmakers are now planning to cut off ties with the Asian nation after concerns about supply chains arising from geopolitical tensions and COVID-19 disruptions. The decision by the automakers is driven by two factors. The first is worries about…
China to End Mandatory COVID Quarantine for International Travelers
December 27, 2022
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CCP VirusChinaChina Business & EconomyChinese RegimeInternationalNHCquarantineSpecial TopicsVisitorsWorld
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China further announced to scrap its years-long centralized quarantine rules for overseas passengers—a major step towards easing curbs on its borders amid the country’s mass reopening. Starting on Jan. 8, 2023, international visitors will be free to cross the Chinese border on the mainland and Macao carrying a negative P.C.R. test result within 48 hours…
Amid Surge in COVID-19 Cases, China Lifts Quarantine Rules for International Travel
December 27, 2022
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CCP VirusChinaChina Business & EconomyChinese RegimeInternationalNHCquarantineSpecial TopicsVisitorsWorld
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China announced it is scrapping its yearslong centralized quarantine rules for overseas passengers—a major step toward easing restrictions on border travel amid the country’s mass reopening. Starting on Jan. 8, 2023, international visitors will be free to cross the Chinese border on the mainland and Macao with a negative P.C.R. test result within 48 hours…
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