Chinese-Canadian pop star Kris Wu sentenced to 13 years behind bars

Corruption 11/28/22, 18:15

Popular Chinese pop star Kris Wu has been sentenced to 13 years in jail after a Beijing court determined that he was guilty of sexual offenses, including rape. In an official Weibo account announced that on November 25, the Beijing Chaoyang Court convicted Wu of exploiting three drunken women at his ...

China is accelerating automation pace in manufacturing

Insights 11/28/22, 18:04

Last year, the number of robots installed in Chinese factories was almost as high as in other countries worldwide. According to the WSJ, shipments of industrial robots to China will increase by 45% in 2021 from the previous year. The country is currently the world's largest market for robot manufacturers. The shrinking ...

UK urges government buildings to remove Chinese security cameras in key areas

Social problem 11/28/22, 18:03

England, on November 24, directed government buildings to take off China-made surveillance systems as a precaution for security.  Chancellor of the Duchy of Lancaster Oliver Dowden wrote in a statement that the move followed a security review, which concluded that further restrictions are needed. Dowden said, “Since security considerations are always paramount ...

China still trying to maintain the zero-COVID policy, expert

Insights 11/28/22, 18:02

Some localities in China have been easing COVID-19 prevention measures, such as reducing the number of days of isolation or not requiring the presentation of a negative COVID-19 test certificate when visiting public places. However, the latest signal from the Chinese Communist Party (CCP) shows that the ruling power in China ...

China’s local authorities face intense pressure of debt maturity

In-depth Reports 11/28/22, 18:01

According to Bloomberg, there are growing signs that China’s local authorities are facing worrying debt burdens. Thirty-one provincial authorities in China now have outstanding debts close to the risk threshold of 120% of income from its Ministry of Finance. Those crossing that debt level will face more borrowing restrictions, limiting potential ...

JD.com to fire 10% low-performing executives after pledging to cut wages

Insights 11/28/22, 17:52

Chinese e-commerce giant JD.com is about to undergo significant leadership reshuffling as founder Richard Liu reportedly plans to let go of underperforming executives. According to mainland media Late Post, Liu delivered a three-hour-long speech to the mid-to senior-level managers on November 20 in a virtual meeting. He said that 10% of ...

Police violently suppress protest of Foxconn Zhengzhou’s employees

Morality 11/28/22, 17:51

On November 23, Zhengzhou Foxconn’s large-scale employee protests continued. Tens of thousands of employees confronted a large number of armed police. Many employees were beaten, some received severe head injuries. More than 40 employees were arrested. Multiple videos of police officers beating up protesting workers have been posted online. In one video, police ...

Taiwanese colonel accepts CCP money, signs letter of allegiance

China 11/28/22, 17:48

Taiwanese prosecutors are seeking a 12-year term against senior military officer Hsiang Te-en who not only accepted money to spy for China but also signed an alleged letter of surrender. According to Channel News Agency, Hsiang was recruited by a retired military officer, who is identified as Shao Weiqiang. The pair ...

China’s EV maker WM Motor cut wages 50% amid weak sales

Social problem 11/28/22, 17:47

WM Motor, once among the top four of China’s new electric vehicle (EV) startups, has recently sliced staff salaries by up to 50% amid weak sales and widening losses worsening its financial woes. Da Ji Yuan, citing an internal memo circulated online on November 22, reported that senior managers will receive ...