45 views Sep 30, 2022 According to a Bloomberg September 27 report, China’s economy for September still looks gloomy. But the automobile and property sectors are showing some signs of recovery. Downside risks are increasing amid waning global demand and weaker business confidence.

105 views Sep 30, 2022 According to a Reuters report, the market for used luxury products is flourishing, thanks to the country’s unwelcoming economic weakness.

377 views Sep 30, 2022 The Ordos, located in Inner Mongolia, China, is rich in natural resources, especially coal and natural gas. It has a reserve of nearly 150 billion tons of coal. Therefore, 70% of Ordos' economic output is related to coal.

460 views Sep 30, 2022 China's former head of China's anti-corruption agency Liu Yanping was brought to court on Wednesday, September 28. He was a member of the "Sun Lijun Political Gang" and head of the State Security Ministry's branch of the Party's Central Commission for Discipline Inspection

216 views Sep 30, 2022 Taiwan’s digital minister, Audrey Tang, commented on September 14 that the island is analyzing alternatives for internet access, such as the Starlink satellite, which helped Ukraine to stay connected during the conflict with Russia. The island is taking precautions in case of an attack.

405 views Sep 30, 2022 With growing nationalism, shifts in supply chains, and technology constraints, China will feel increasingly isolated in the global economy.

138 views Sep 30, 2022 .Reuters reported that U.S. Vice President Kamala Harris visited Japan’s Yokosuka Naval Base on Wednesday, September 28, and delivered a speech mentioning China and Taiwan.

840 views Sep 30, 2022 China's central bank warned against betting on its currency after the yuan plunged to the record low since the 2008 global financial crisis.
The People's Bank of China (PBOC) said in a statement on Wednesday, "Do not bet on one-way appreciation or depreciation of the yuan, as losses will definitely be incurred in the long term."

743 views Sep 30, 2022 On the evening of September 28, many Zhengzhou University students gathered on campus to protest and call for an end to the prolonged lockdown.

The UK responded sharply to the Chinese regime after it mocked its expansion of relations with Japan, “to address the strategic threat posed by China,” announced in New York on the occasion of the 77th UN General Assembly.

A few days before the 20th National Congress of the Communist Party of China (CCP), the internal struggles between the factions fighting for power are ramping up. Xi Jinping’s side has just sentenced six members of the so-called “Sun Lijun political gang” to severe penalties. Three others, including the leader Sun Lijun, received suspended death sentences.

“Made in China 2025” was first revealed in May 2015. It aimed to use regime subsidies, mobilize state-owned enterprises, and pursue intellectual property acquisition to catch up and surpass the West’s technological prowess in advanced industries by 2049.

However, about seven years after Beijing launched the plan, policymakers and security officials in the United States and other developed countries became aware of China’s attempt to become the dominant player in the field of advanced technology as a matter of national security. Therefore, the term is almost no longer appearing publicly, according to Asia Nikkei. 

China has recently witnessed unprecedented capital outflow including foreign investment and people’s savings. The liquidity crisis is spreading across China, depositors’ protests have become a hot topic despite repression from authorities. At this point, the digital yuan (e-CNY) is probably the Chinese Communist Party’s perfect solution in preventing those customers from withdrawing and controlling capital flight.

In a recent TV interview, U.S. President Joe Biden declared that “the pandemic is over.” While in the West, countries are returning to a more normal lifestyle after more than 2 years of lockdowns and restrictions; in China, the communist regime continues to implement its “zero-COVID” policy without measuring too much the consequences on the population.

Recently, a hot search on Weibo said that 95% of the Jiangxi area is extremely dry. But then, this news was removed.

Searching on Baidu, we see that many Chinese articles report that 95% of the Jiangxi area is extremely dry, which is very serious.

The Beijing Daily reported that on September 23, the Jiangxi Provincial Climate Center issued a red warning about drought conditions. The article said that 95% of districts, counties, and cities in Jiangxi have reached extremely severe drought. It is expected that for the next 7 days the drought will continue. Urban and rural areas should pay attention to water conservation.

At a press conference on September 20, China's Ministry of Education pointed out that 80% of Chinese students studying abroad have chosen to return to China for development since 2013. In 2020, This number will increase by 33.9% compared with 2019.

On September 24, The Wall Street Journal also reported that more and more Chinese scientists and engineers have given up jobs in top universities such as Harvard, Princeton, and MIT to return to China.

According to New Tang Ren China, a locked-down university in Zhengzhou, Henan province, installed a high-voltage grid on the fence. At a closed school in Suining, Sichuan, elementary and middle school students were called up at 2 a.m. for nucleic acid testing.

According to Bloomberg, a senior Chinese official warns that weakening foreign demand for goods from China hurts the country's trade. Vice Commerce Minister Wang Shouwen said at a press conference Tuesday, September 27, in Beijing, "The slowdown in external demand is the biggest uncertainty faced by China's trade."

GOME Retail Holdings Ltd. is one of the largest privately owned appliance retailers in mainland China and Hong Kong. The company caught public attention when its founder was sentenced to 10 years for illegal business operations, insider trading, and bribery to weak business results and most recently, laying off employees and delaying wages.