Shanghai residents report false information spread by media outlet

Insights 05/21/22, 07:11

Shanghai authorities finally announced that all 16 districts had achieved “social zero” on May 17. They would gradually lift the lockdown and progressively return to everyday life. But many places still did not loosen the restrictions, causing people to question the authorities’ strategy. According to French media RFI, 2,500 of 10,000 ...

Xiaomi posts disappointing first-quarter result as China’s Covid measures hit

Economy 05/21/22, 04:34

Xiaomi posted its record low first-quarter revenue as China's covid measures across the nation and disrupted supply chain hit the company. According to Reuters, the company's revenue in the quarter fell to 10.85 billion dollars from 11.38 billion dollars a year earlier and below analyst expectations of 11 billion dollars. Xiaomi shipped ...

Shanghai eases lockdowns, waterways shipping struggle to revive

Economy 05/21/22, 04:27

Shanghai has said it would gradually reopen after weeks of city closure, but large shipping companies say it does not mean the global supply could recover instantly. As Bloomberg reported on May 18, Jeremy Nixon, Ocean Network Express's chief executive officer, said that a backlog of 130 ships has formed off ...

63 top leaders of Liaoning’s small and medium-sized banks investigated

China 05/21/22, 04:25

According to the China Banking and Insurance Regulatory Commission report, Liaoning authorities have investigated 63 top leaders of small and medium-sized banks. Apollo News reported that the province only has 76 banks of this size across the region. These alleged leaders all have a significant influence on Liaoning’s financial system. Apollo reported ...

China: 60,000 armed police enter Beijing amid COVID outbreak

Insights 05/21/22, 04:22

The highly contagious Omicron variant has triggered a Covid outbreak in Beijing. As a result, this impacts China's government and its citizens. According to Taiwanese media Sanlin TV on May 17, around 60,000 armed police officers have been stationed in Beijing within the past two weeks. The media’s commentators said the ...

British government funds London Police Academy to train Chinese police

China 05/21/22, 04:20

A British non-governmental organization on May 17 revealed that the British government indirectly funded the Chinese regime’s crackdown in Xinjiang. The British NGO ‘Freedom from Torture report pointed out that the London Police College (LPC) cooperates with eight Chinese police Academies. Many of these institutions are involved in implementing Beijing’s high-pressure ...

Canada bans China’s Huawei and ZTE 5G from its mobile networks

Tech 05/21/22, 04:18

Canada announced on Thursday that it would ban China’s Huawei and ZTE’s 5G technology from the country’s networks, citing national security concerns. Canadian Industry Minister François-Philippe Champagne said that companies that previously installed this 5G equipment will be required to stop and remove it by June 2024. Those companies installing 4G ...

Worrying about sanctions, China bars CCP elites from holding overseas assets

China 05/21/22, 04:03

China barred CCP elites from holding overseas assets after the West punished Russia with sanctions. The Chinese Communist Party (CCP) takes preventive measures to insulate its senior officials from potential sanctions from the U.S. and Europe. The Wall Street Journal, on May 19, citing sources, revealed that the CCP issued an internal ...

Beijing upgrades COVID control measures

China 05/21/22, 04:02

Despite China’s 'zero-COVID' policy, the pandemic continues to spread in Beijing. Since May 17, the capital city has upgraded the pandemic's management and control measures. The Beijing government announced that its prevention and control measures have been comprehensively upgraded since May 17. These measures include: strengthening the management of personnel and ...

State media vs reality: Shanghai residents enjoy lockdown easing

China 05/21/22, 03:50

While Chinese state media is reporting positive news about Shanghainese enjoying some lockdown easing, residents say they are going through the opposite. CCTV reported on May 16 that the pandemic in Shanghai has been under control, and the city would gradually lift restrictions. Xinhua News Agency on May 17, reported images ...

Chinese hospitals facing crisis due to low birth rates

China 05/21/22, 03:48

According to Apollo news, due to the decline in the birth rate, maternity hospitals in China are facing a crisis. Some private maternity hospitals have declared bankruptcy and closed business. China’s birth rate of newborns continues to decline sharply despite encouraging policies from the Chinese government. According to 2021 China’s population data, ...