Henley & Partners, a British investment migration consultant company, has recently released the Private Wealth Migration Report 2023. The report predicts the upcoming global trend of the outflow and inflow of wealthy people. China will experience the most loss of wealthy people in the world in 2023, with a total outflow of 13,500 people. Meanwhile,…
Hong Kong Loses 1,000 Millionaires, China Bids Farewell to 13,500 High-Net-Worth Individuals: Report
Goldman Sachs Cuts China Growth Forecast While Experts Predict Beijing’s Stimulus Measures Will Be Ineffective
June 20, 2023
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Asia & PacificBusiness & MarketsChina Business & EconomyChina NewsChinese economyChinese RegimeGoldman Sachsinterest cutsstimulus measuresWorld
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Goldman Sachs has become the latest Wall Street bank to cut its growth forecast for China, as the world’s second-largest economy continues to lose momentum with persistently weak confidence. Experts believe the Chinese communist regime’s stimulus measures to remedy this won’t be effective due to macroeconomic issues. Goldman Sachs’s analysts lowered China’s 2023 gross domestic…
Hong Kong Tycoon Jimmy Lai Loses Appeal Against Phone Search
June 20, 2023
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Apple DailyChina NewsFreedom in Hong KongHK Current AffairsHong KongHong Kong National Security LawJimmy Lai
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HONG KONG—A Hong Kong appeal court on Monday blocked jailed media tycoon Jimmy Lai’s bid to challenge in the city’s highest court a warrant obtained by national security police to scrutinize the contents of his mobile phones. Lai, 75, is the founder of the now shut pro-democracy newspaper Apple Daily and is due to face…
US Trafficking in Persons Report Ranks Hong Kong as Tier 2, Still Below Minimum Standard
June 19, 2023
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2023 Trafficking in Persons ReportChina NewsHK Current AffairsHong KongHongkongTrafficking in PersonsTrafficking In Persons Report
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On June 15, the U.S. State Department released the 2023 Trafficking in Persons Report, upgrading Hong Kong from the Tier 2 Watch List to Tier 2. The report also mentioned last year’s scams to individuals traveling from Hong Kong to Southeast Asia. The report categorizes countries or regions around the world into different categories, including…
First Ever US Bill to Counter Beijing’s Forced Organ Harvesting Signed Into Law in Texas
June 19, 2023
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Business & MarketsChina Human RightsChina NewsFalun GongFalun Gong NewsFinance & Business Tiesforced organ harvestingOrgan HarvestingOrgan Harvesting in ChinapersecutionPolicies & ImpactsRegional & State Newsreligious freedomSpecial TopicsState NewsTexasUSUS NewsUS-China relations
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Texas has signed into law a bipartisan bill to combat the Chinese regime’s criminal practise of forced organ harvesting, making it the first U.S. state to counter the abuse through legal means. Under SB 1040, signed by state Gov. Greg Abbott on June 18 and taking force on Sept. 1, it will be illegal for…
Blinken Visits China in Hopes of Stabilizing Ties
U.S. Secretary of State Antony Blinken met with Chinese leader Xi Jinping on Monday, making him the highest-ranking U.S. official to visit China since President Joe Biden took office. Blinken hopes to maintain open dialogue with the regime to help avoid a worst-case scenario. But certain details of the visit have left some wondering whether…
‘Glory to Hong Kong’ Is Re-launched on the Shelves Including Spotify, Except Apple Music
Earlier in June, the Hong Kong government applied for an injunction to ban dissemination of the pro-democratic song “Glory to Hong Kong.” The piece was suddenly removed from multiple streaming platforms, including Apple Music and iTunes. On June 15, the composer and original composing team of “Glory to Hong Kong,” Dgx, posted on its Facebook…
Ultra-Processed Foods: A Stealthy Killer
In recent decades, ultra-processed foods (such as fast-food hamburgers, instant noodles, cakes, potato chips, etc.) have entered nearly every household. They taste good and are convenient and affordable. However, research shows that ultra-processed foods may cause serious health problems, and excessive consumption can increase the risk of death. Excessive Consumption of Ultra-Processed Foods Increases the Risk of…
Jailed Activist Joshua Wong: Embrace the Decision to Stay or Leave, Don’t Judge Right or Wrong
Since being remanded in December 2020, Joshua Wong, the former member of the Hong Kong political party Demosistō, shared his views on how people should approach the decision to stay or leave Hong Kong on his social media page on June 12. Wong believes the decision should not be judged as right or wrong and…
America’s Electric Grid Is Vulnerable Under Communist China’s Threat: Expert
June 19, 2023
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ChinaChina NewsDonald Trumpelectric gridJoe BidenNational SecurityThreat from Communist ChinaUSUS NewsUS-China relations
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America’s dependence on Chinese-made extra-high voltage transformers is making it easier for China’s communist regime to switch off the American power grid and throw the country into chaos, warned Tommy Waller, president of the Center for Security Policy. “Extra-high voltage transformer is what many experts consider to be the backbone of our modern grid,” Waller…
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