The German government intends to approve a China-based company’s acquisition of a chip production factory belonging to the Dortmund-based semiconductor company Elmos, despite the German intelligence agency warning against the move, according to German business daily Handelsblatt. Swedish company Silex Microsystems AB, which is a subsidiary of China’s Sai Microelectronics Group, is planning to acquire…
China Moves to Buy German Semiconductor Factory After New US Chip Ban
October 30, 2022
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Asia & PacificChinaChina Business & EconomyChinese RegimedortmundElmosEurope-China RelationsGermanGlobal ExpansionInternational RelationsSai MicroelectronicsSelixSpecial TopicsSwidishTech CompetitiontechnologyUS-China relationsWorld
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HK Banking System Balance Expected to Drop Below USD13 Billion Before Next Fed Meeting
October 30, 2022
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Asia & PacificChinaChina Business & EconomyChina Human RightsChinese RegimeFederal ReserveHK BusinessHong Konginterest raterate hikeWorld
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The U.S. Federal Reserve is expected to hike the rate again at its meeting Nov 1-2. In Hong Kong, the aggregate balance of the Hong Kong banking system is fast reducing to the HK$100 billion (US$13 billion) safety margin, and the Hong Kong dollar interest rate has risen for 13 consecutive days. Some analysts say…
HK Banking System Balance Expected to Drop Below US$13 Billion Before Next Fed Meeting
October 30, 2022
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Asia & PacificChinaChina Business & EconomyChina Human RightsChinese RegimeFederal ReserveHK BusinessHong Konginterest raterate hikeWorld
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The U.S. Federal Reserve is expected to hike the rate again at its meeting Nov 1-2. In Hong Kong, the aggregate balance of the Hong Kong banking system is fast reducing to the HK$100 billion (US$13 billion) safety margin, and the Hong Kong dollar interest rate has risen for 13 consecutive days. Some analysts say…
U.S. Congress, CECC, and Human Rights Groups Urge US Capital Giants to Boycott the Upcoming Global Investment Summit Hong Kong
October 30, 2022
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AmericasAsia & PacificChinaChina Business & EconomyChina Human RightsChinese RegimeHK BusinessHK Current AffairsHong KongJeff MerkleyRep. Jim McGovernThe Global Financial Leaders' Investment SummitWorld
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The upcoming Global Financial Leaders’ Investment Summit in Hong Kong will be held at the Four Seasons Hotel on Nov 2, and at Hong Kong HKEX Connect Hall on Nov 3. Some of the said attendees include senior executives of Goldman Sachs, Citigroup, and other U.S. financial institutions. The U.S. Congress and Congressional-Executive Commission on…
Investigative Reporter Reveals CCP’s Legacy of Environmental Destruction in China
October 29, 2022
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Asia & PacificChinaChina Human RightsChinese RegimeEnvironmentGrassroots ResistanceSanjiangyuanScienceSocial IssuesSpecial Topicswater resourcesWorldYangtze RiverYellow River
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During the Chinese Communist Party’s (CCP) 20th national congress, China’s ruling regime claimed that they have been more effective in managing the environment over the past decade, citing official data. However, a Chinese investigative journalist revealed that the deterioration of the environment in mainland China is shocking and may not recover for decades. Zhai Qing,…
PREMIERING NOW: Michael Pillsbury: How US Government Agencies Secretly Aided Communist China’s Rise
October 29, 2022
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American Thought LeadersCCPChinaChinese Communist PartyChinese RegimeEpochTVHudson InstituteLive VideosMichael PillsburyNational SecurityPolicies & Impactsthe hundred-year marathonThreat from Communist ChinaUSUS-China relationsVideo
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This episode will premiere on Saturday, Oct. 29, at 7:30 p.m. ET. “I fear they’re outsmarting us over and over again,” says China expert Michael Pillsbury, director for Chinese strategy at the Hudson Institute and author of “The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower.” Pillsbury played a key role…
Michael Pillsbury: How US Government Agencies Secretly Aided Communist China’s Rise
October 29, 2022
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American Thought LeadersCCPChinaChinese Communist PartyChinese RegimeEpochTVHudson InstituteLive VideosMichael PillsburyNational SecurityPolicies & Impactsthe hundred-year marathonThreat from Communist ChinaUSUS-China relationsVideo
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“I fear they’re outsmarting us over and over again,” says China expert Michael Pillsbury, director for Chinese strategy at the Hudson Institute and author of “The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower.” Pillsbury played a key role in the United States initiating military and intelligence ties with China,…
Unbearable Conditions for Foxconn Employees Isolated by COVID-19 Outbreak
Workers in the Foxconn electronics manufacturing factory in central China were hit hard by a recent outbreak of COVID-19. Under the Chinese regime’s zero-COVID measures, many workers at the plant in Zhengzhou City, the capital of Henan Province, are isolated in dormitories or makeshift quarantine facilities, and have been asking the outside world for help…
PREMIERING 7:30 PM ET: Michael Pillsbury: How US Government Agencies Secretly Aided Communist China’s Rise
October 29, 2022
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American Thought LeadersCCPChinaChinese Communist PartyChinese RegimeEpochTVHudson InstituteLive VideosMichael PillsburyNational SecurityPolicies & Impactsthe hundred-year marathonThreat from Communist ChinaUSUS-China relationsVideo
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This episode will premiere on Saturday, Oct. 29, at 7:30 p.m. ET. “I fear they’re outsmarting us over and over again,” says China expert Michael Pillsbury, director for Chinese strategy at the Hudson Institute and author of “The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower.” Pillsbury played a key role…
HK Billionaires Are Fleeing and Those in China Have Had Their Wealth Slashed by Tens of Billions of Dollars
October 29, 2022
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AlibabaAsia & PacificbillionairesChinaChina Business & EconomyChinese RegimeHK BusinessHK Current AffairsHong Kongtencent holdingsWorld
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Following the 20th National Congress of the Communist Party, Chinese stocks immediately witnessed a round of plummeting in value. Together with this deep drop in stock prices is a similar depletion of the wealth of China’s richest. According to statistics, the wealth of China’s richest people was slashed by a staggering US$35 billion in one…
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