Special rapporteur David Johnston’s first report comments on some of the Chinese interference allegations that have been reported in media based on intelligence leaks. This includes allegations against MP Han Dong, former Ontario Liberal cabinet minister Michael Chan, and the Chinese consulate’s interference in past federal elections. Here’s what the report says on these key…
What Johnston’s Report Says on MP Han Dong, Michael Chan, and Key Interference Allegations
Energy Department Rescinds $200 Million Grant for Microvast
The Energy Department is pulling a $200 million grant from battery company Microvast—an action one lawmaker is calling “a win for U.S. taxpayers.” The company was found to have close links to Beijing and admitted that China influences its business. The grant project aims to foster battery-making here in the United States. Topics in this episode:…
World’s Largest Real Estate Market on the Brink of Collapse: Experts
May 23, 2023
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China Business & EconomyChina NewsChina real estate marketfinancial crisisGlobal Real Estatereal estatereal estate bubble
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Recent statistics from China’s central bank show that home buyers’ enthusiasm has fallen drastically. Despite price cuts and incentives, the world’s largest housing market continues to slump, and China’s banking sector is taking a hit on two fronts, as both defaults and prepayments rise. Meanwhile, China’s developers are starting to show the strain, with real…
Wearing a Wedding Dress for the First Time, 52 Elderly Couples Say, ‘I Do’ Again
Some 52 elderly couples who are all over 65 and have been married for more than 30 years chose to put on wedding dresses for the first time on May 20 and say, “I do” one more time under the vow of “…..for better, for worse…..in sickness and in health….” On May 20, Lutheran Church-Hong Kong…
British Lawmakers Call for Investigation Into Chinese Genomics Giant Over Pregnancy Test Data
A group of British lawmakers called for an urgent investigation into a Chinese company that sells pregnancy screening tests in the UK. The genomics company, BGI, had three of its subsidiaries blacklisted by the U.S. Commerce Department in March over their alleged involvement in military programs and the repression of ethnic minorities in China. Citing a Reuters report…
Texas Moves Forward With Bill to Combat Beijing’s Forced Organ Harvesting
May 23, 2023
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Texas House lawmakers have unanimously passed a measure to counter the Chinese Communist Party’s forced organ harvesting abuse, taking it one step closer to becoming law. Titled SB 1040, the bill aims to bar health insurance providers from sponsoring organ transplants originating in China or any other country known to have been involved in forced…
Chinese Banks See Surge in Bad Loans Amid Real Estate Woes
China’s major banks are grappling with a surge of non-performing loans (NPLs) since last year, largely driven by a weakening real estate sector. As of the end of 2022, the NPL balance of 40 listed Chinese banks climbed by 8.84 percent to 1.81 trillion yuan (approximately $262.3 billion), while the NPL ratio slightly slid by…
Former Tory Leader O’Toole Says Special Rapporteur Johnston Ignored Info He Gave on Election Interference
Former governor general David Johnston, whom Prime Minister Justin Trudeau appointed as special rapporteur to investigate foreign election interference, did not use any information given him by the previous Conservative Party leader Erin O’Toole to draft his forthcoming report on interference in Canada’s last two elections, according to O’Toole. O’Toole, who was the leader of the…
GOP Lawmaker Seeks to Block US Taxpayer Dollars From Funding CCP-Affiliated Entities
May 23, 2023
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A Republican lawmaker recently introduced a bill prohibiting U.S. taxpayer dollars from funding companies with ties to the Chinese Communist Party (CCP). The legislation from Rep. John James (R-Mich.), titled “No American Tax Dollars to CCP Act,” would bar taxpayer dollars from funding state-backed Chinese companies and forbids joint ventures or partnerships with “foreign entities…
CCP Little Pinkies Call for Nintendo Boycott; Accuse New Game Legend of Zelda of Supporting Anti-Extradition Protests, Insulting China
Launched on May 12, Nintendo’s new game was on the same day as the 15th anniversary of the Sichuan Earthquake in 2008. Angry mainland netizens accused the game manufacturer of carrying secret messages in the game’s dialogues. Since then, they have been actively calling for boycotts on Twitter and other social media channels. Legend of…
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