The Chinese military is purchasing semiconductors designed by U.S. companies and manufactured in Taiwan and South Korea to fuel its advancements in artificial intelligence (AI), according to a new report. The People’s Liberation Army (PLA) is making “significant progress” in adapting AI to its combat and support technologies, according to the June report (pdf), which…
Chinese Military Using US Semiconductors to Train Combat AI: Report
July 18, 2022
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Zara’s Three Sister Brands Exit Chinese Market
The three sister brands of Spanish Fast Fashion brand ZARA: Bershka, Pull&Bear, and Stradivarius, recently announced they will officially withdraw from the Chinese market by the end of this month, joining an ongoing wave of international fashion giants withdrawing their operations from China. Bershka, Pull&Bear, and Stradivarius, under ZARA’s parent company Inditex, issued closure announcements in…
Ramping up ‘New Oil’ Race, China Buys Lithium Mines in Argentina
Due to the limited supply of domestic lithium resources, battery-related companies in China have stepped up their competition for outside lithium sources. Responding to a tweet on July 13 saying there is no security without energy independence, Tesla CEO Elon Musk wrote, “Absolutely. And lithium batteries are the new oil.” The production of this “new…
Chinese Regime Eases Pandemic Restrictions on Imported Non-Cold Chain Goods Amid Sharp Economic Downturn
July 17, 2022
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The Chinese Communist Party (CCP) has recently relaxed its pandemic control measures imposed on non-cold chain imports. On July 12, China’s top health body announced that nucleic acid swabs and disinfection would no longer be imposed on “low-risk non-cold chain imported goods,” but goods deemed high risk of transmission will still be disinfected. The announcement…
Returning Beijing Residents Asked to Wear COVID-19 Monitoring Bracelets, Triggering Public Outrage
July 17, 2022
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Asia & PacificBeijingCCP VirusChinaChina Business & EconomyChina Human RightsChinese RegimeINSIDE CHINAmonitoring braceletsocial controlSocial IssuesSpecial TopicssurveillanceWorld
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Beijing local authorities in some communities recently asked residents returning from domestic trips to wear COVID-19 monitoring bracelets. The orders drew wide criticism from the public over escalated government surveillance. According to mainland Chinese media Caixin, a female Beijing resident who returned from Guangdong on July 13 was told by the community office that she…
Alibaba Shares Post Worst Drop in a Month After China Data Probe Report
July 16, 2022
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SHANGHAI—Shares in Alibaba Group fell the most in a month on Friday, after the Wall Street Journal reported that the Chinese tech giant’s cloud division has been summoned by Shanghai authorities in connection with a theft of police data. An anonymous hacker had earlier this month claimed to have obtained personal information of more than…
Drastic Measures Reveal a Cratering Chinese Economy
China’s GDP likely shrank in the second quarter, contrary to official reports, as the country is seen making attempts on several fronts to desperately boost its ravaged economy. Beijing announced a 0.4 percent expansion in China’s GDP during the second quarter. It was the second weakest quarterly growth ever officially recorded. But private data paints…
China’s Q2 GDP Slows to 0.4 Percent as Lockdown Bites
The economic growth in China slowed sharply in the second quarter, underscoring the price of the regime’s zero-COVID policy and challenging Beijing’s whole-year target. Gross domestic product (GDP) grew 0.4 percent from a year earlier, the National Bureau of Statistics (NBS) said on July 15. The official figures marked the worst performance since the country…
Chinese Authorities Promise Repayments After Violently Crushing Bank Deposit Protestors
After more than three months of frozen accounts, rural bank depositors in Henan Province, China, held a large protest that was crushed with physical violence. The public was outraged with the police brutality and forced the officials to promise to repay qualified customers. On July 11, Henan provincial authorities promised they would repay some customers…
Over 40,000 Homebuyers in China Threaten to Boycott Mortgage Repayments for Stalled Projects
More than 40,000 homebuyers have threatened to cease paying their bank mortgages for pre-sold yet unfinished apartments unless developers resume construction. The distressed homebuyers have informed mortgagees of their decisions to boycott payments for stalled development projects via letters, some of which have been circulated online. The homebuyers said they have taken such measures after…
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