Tag: China Business & Economy

US Must Remove CCP from Society: Robert Spalding

December 22, 2022
CCPChinaChina Business & EconomydecoupleFinance & Business TiesSpaldingSpecial TopicsTech CompetitiontechnologyThreat from Communist ChinaUnrestricted WarfareUS-China relations
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A former U.S. general is sounding the alarm on the ties that bind China’s communist regime to the levers of American power. Retired U.S. Air Force Brig. Gen. Robert Spalding said that the Chinese Communist Party (CCP), which rules China as a single-party state, is seeking to undermine and ultimately displace the United States. To…

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Massive COVID Surge Across China Sparks Global Concern Over Virus Mutation, Supply Chain Breakdown

December 22, 2022
Asia & PacificCCP VirusChinaChina Business & EconomyChina Human RightsChinese RegimeCOVID surgeINSIDE CHINAInternational Relationspandemicsocial controlSpecial Topicssupply chainUSUS-China relationsvirus mutationWHOWorld
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As a mass wave of COVID infections sweeps through China, the World Health Organization (WHO) and governments around the world are anxious about the potential emergence of a dangerous new virus variant that could further drag down the global economy. With Beijing now gripped by the virus, the variant has also rapidly spread across China….

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World Bank Cuts China Growth Outlook on COVID-19, Property Woes

December 21, 2022
Business & MarketsChinaChina Business & EconomyeconomygrowthOutlook
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BEIJING—The World Bank has cut its China growth outlook for this year and next, citing the impact of the abrupt loosening of strict COVID-19 containment measures and persistent property sector weakness. The Washington-based lender, in a report released on Tuesday, said it expected China’s economy to grow 2.7 percent in 2022, before recovering to 4.3…

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Australian Foreign Minister Raises ‘Principled View’ on Human Rights With Beijing, More Trade Talks to Come

December 21, 2022
anthony albaneseAustraliaBusiness & Marketsccp economic coercionChinaChina Business & EconomyChina-Australia Relationseconomic policiesInternationalInternational RelationsPenny WongWang YiWorld
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Foreign Minister Penny Wong has set out Australia’s position on human rights, trade blockages, and global security during high-level talks with Chinese Foreign Minister Wang Yi in Beijing on Dec. 21. As the first official visit to Beijing from an Australian minister in three years with Wong’s trip signalling a potential thaw in Australia-China diplomatic…

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Virtual Currency Money Laundering Cases Mushroom Amid China’s Wealth Flight

December 21, 2022
blockchaincapital flightChinaChina Business & Economymoney launderingvirtual currency
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News Analysis Multiple virtual currency money laundering cases have been occurring in China recently, involving vast amounts of money. Some industry insiders say this has been the mainstream way of capital flight from China for several years. The public security bureau in Tongliao City, Inner Mongolia, has recently busted a money laundering ring that used…

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‘Ice Thaws’: Australia’s Foreign Minister in China for Talks

December 21, 2022
AustraliaBeijingChinaChina Business & EconomyChina-Australia RelationsInternationalInternational RelationsPenny WongWorld
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Penny Wong has met with Australia’s ambassador to China as she prepares to try to break a four-year diplomatic freeze during a visit to Beijing. The foreign minister met Graham Fletcher at the Diaoyutai State Guesthouse ahead of a meeting with Chinese Foreign Minister Wang Yi. “The ice thaws but slowly,” Senator Wong said as the…

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Kyle Bass: China’s Xi Intentionally Crashing Housing Market, Preparing for War

December 20, 2022
Business & MarketsChinaChina Business & EconomyInvestmentkyle bassSpecial TopicsTaiwan
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Dallas-based hedge fund manager Kyle Bass is predicting big economic issues for China throughout 2023, stemming from an overleveraged financial system, collapsing property market, and unsustainable birth rates. China, a nation accustomed to greater than 7 percent real GDP growth for the past 10 years, is seeing signs of economic sluggishness. “The volume of exports…

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Chinese Business Confidence Falls to Lowest in Almost a Decade on COVID-19

December 19, 2022
BusinessBusiness & MarketsChinaChina Business & EconomyChineseconfidenceeconomy
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BEIJING—China’s business confidence fell to its lowest since January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on economic activity with the abrupt lifting of many pandemic control measures. The index fell to 48.1 in December from 51.8 in November, showed the World Economics’ survey of sales…

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ZTE Whistleblower Who Defied the CCP: ‘Be Careful What You Wish For’

December 19, 2022
American Thought LeadersCCPChinaChina Business & EconomyEpochTVInternational RelationstechnologyThreat from Communist ChinaU.S.-China relationsUSUS NewsUS-China relationswhistleblowerZTE
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As an ambitious young lawyer, Ashley Yablon wanted nothing more than to become the general counsel for a large corporation, so when presented with his “dream job” opportunity by the Chinese telecom company ZTE, he took it, no questions asked. However, when he eventually realized that his dream job came at a price he wasn’t…

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TSMC Surpasses Tencent as Highest Value Company in Asia, as Top Chinese Firms Drop From Global 500 Ranking

December 19, 2022
AlibabaApple IncBusiness & MarketsChinaChina Business & EconomyeconomyFoxconnHurunHurun listInternationalInvestmentmarket capMarketsMediaTekstocksTaiwanTaiwanese companiesTencentTSMCvaluationWorld
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Top Chinese companies have tumbled in market cap, with 12 firms dropping out of the 2022 Hurun Global 500, a list of the 500 most-valued, non-state-owned firms in the world. According to the 2022 report released by the Shanghai-based Hurun Research Institute on Dec. 9, the United States leads the world with a total of 260…

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