Tag: China Business & Economy

China’s Exports Fall at Record Rate, Companies Sent Abroad to Attract Buyers

China’s manufacturing sector has significantly shrunk under the weight of strict zero-COVID policies and declining international demand. In November, exports, the main source of foreign exchange for the ruling communist regime, plummeted at a record rate year-on-year. China’s total exports fell by 8.7 percent to $296.1 billion in November compared to November last year, the largest…


International Investment Institutions Touting China’s Stock Market While Looking for More Takers

International investment institutions are saying that the current valuation of China’s stock market is attractive just when the Chinese Communist Party (CCP) announced that it is establishing a stock valuation system with “Chinese characteristics.” Many believe that international financial institutions are expressing optimism about the Chinese stock market in order to attract buyers to enter…


Taiwan Mulls Nationwide Ban on TikTok After Banning It From Government Devices

Taiwan is mulling a nationwide ban on the Chinese-owned video app TikTok after banning it from devices used in the public sector over national security concerns, according to a government official. Taiwan’s Minister of Digital Affairs, Audrey Tang, said on Dec. 9 that an inter-ministerial committee meeting will be held this month to discuss the…


In Rare Move, Health Body of Chinese City Publicly Criticizes ‘Zero-COVID’

The health body of a city in China’s central Henan Province published a post online on Dec. 6, blasting the last three years of “zero-COVID” measures for ruining China’s economy and Chinese people’s livelihoods. The Zhumadian municipal health committee wrote on its official Chinese social media account that there have been nine negative impacts from…


Germany Buckles Under Model Relying on China and Russia

Commentary Last month, German chancellor Olaf Scholz admitted to something every German knew but was afraid to say: the country’s business model is broken. Germany’s strategic national business model, predicated on globalization and interdependency, is backfiring. It’s the nation-building equivalent of putting all of your eggs in one basket. In this case, two baskets: Russia…


Ill-Prepared China May Face Wave of Infections, Millions of Deaths After Relaxing COVID Restrictions: Fauci

Outgoing U.S. NIAID director Dr. Anthony Fauci has warned that infections are set to surge in ill-prepared China as the central government lifts it’s draconian “zero-COVID” restrictions, saying that he expects the policy change to cause millions of death in the country this winter and contribute to the emergence of new strains of the virus….


China May Face Wave of Infections, New Variants After Relaxing COVID Restrictions: Fauci

Outgoing U.S. NIAID director Dr. Anthony Fauci has warned that infections are set to surge in ill-prepared China as the central government lifts it’s draconian “zero-COVID” restrictions, after a British analytics company forecast millions of death in China this winter from the policy change. The ruling communist regime in China abruptly relaxed some of its…


China May Face Wave of Infections, New Variants After Relaxing COVID Restrictions

COVID-19 infections might be poised to surge in ill-prepared China as the central government eases its draconian “zero-COVID” restrictions, after a UK analytics company forecast millions of death in China during the coming winter from the policy change. The ruling communist regime in China abruptly relaxed some of its COVID social controls on Dec. 7,…


Biden Admin Sanctions Chinese Fishing Companies for Human Rights Abuses

The Biden administration is imposing sanctions on several individuals and corporations related to what it describes as human rights abuses stemming from the Chinese regime’s illegal fishing. The Treasury Department announced on Dec. 9 that the measures would affect Chinese nationals Li Zhenyu and Zhuo Xinrong, as well as 10 entities linked to them, including Dalian…


A Beijing Crackdown on COVID Protests Could Have Same Economic Effect as Lockdowns on America: Expert

Beijing’s potential crackdown on COVID protests could have the same economic effect as the lockdowns on America, says Milton Ezrati, Chief Economist at the financial communications agency Vested. “The protests, especially if the [Chinese] government cracks down on them, are going to have, from an economic standpoint, the same effect as the lockdowns. They will interrupt…