• Business

‘Stabilize the stock market’: CCP directs no large-scale trading

Trending 10/01/22, 16:38

The 20th National Congress of the CCP is approaching, and Chinese authorities have stepped up social controls in an effort to ensure "stability" before the congress. According to foreign media, regulators have privately told brokers and fund managers that they are not allowed to buy and sell stocks in large ...

Employment difficulty: Young Chinese have to pay to work

Social problem 10/01/22, 16:32

Official data shows that the unemployment rate for Chinese youth in July, especially those aged 16 to 24, hit 19.9%, the highest on record. Recently, there was a rumor that if you want to work at Hunan Television, you must pay a fee. In this regard, some netizens complained, "The ...

China’s currency crisis: regime urges banks to sell dollars, buy yuan

Trending 10/01/22, 12:55

In view of the deep fall of the yuan, the People's Bank of China has reportedly told the country's main state-owned banks to prepare to get rid of their dollar holdings and exchange them for offshore yuan. Official sources informed Reuters that the communist regime's banking authorities have taken the decision ...

E-Chinese yuan: Just another digital currency or a surveillance and control tool?

Tech 09/28/22, 16:17

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 ...

The ‘Made in China’ era is over!

Corruption 09/27/22, 16:55

"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 ...

Truth about Beijing’s elimination of Africa debt revealed

Sri Lanka 09/20/22, 18:36

Not long ago, the actual situation of the Chinese regime's debt elimination for 23 loans from 17 African countries was revealed by research organizations. However, the total debt elimination is only about 1% of the total amount the Chinese regime lends to Africa. In recent years, more and more countries that ...

Russia and China use Ukraine war to challenge dollar dominance

Economy 09/19/22, 18:17

So far, the Russia-Ukraine war and the West's response have been evaluated as a gift to China. The successive sanctions that the West and the United States have targeted against Russia have isolated the country's financial system from the EU. Russia needs a solution for the financial sector. This is creating ...