Philippines cancels award of million-dollar project to Chinese regime

  Backlink: THE BL The Philippine government has finally awarded a $11 billion airport project to a multinational consortium, which had previously been awarded to a Chinese state-owned company. On September 14, the provincial government of Cavite, south of the Philippine capital Manila, decided to award the Sangley Point International Airport (SPIA) construction project to […]

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Era of playing in the ‘funding paradise’ of the US by Chinese companies is over!

  Backlink: THE BL Larry Fink, CEO of BlackRock, the world’s largest money management company, said: “Markets don’t like uncertainty. Market likes actually totalitarian governments where you have an understanding of what’s out there…”       […]

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Over 3,000 China chip companies close: The path to autonomy full of thorns

  Backlink: THE BL According to statistics, in the first eight months of this year, up to 3,470 chip manufacturing companies in China closed and the number of bankruptcies reached a new high. Meanwhile, China’s integrated circuit (IC) output in August fell 24.7% year-on-year, also the largest monthly decline on record. This shows that under […]

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Joe Biden’s Taiwan Remarks “Severely Violate” US Policy, Says China

  Backlink: NDTV In an interview, President Biden was asked whether US troops would defend Taiwan, and replied “yes”, if it were “an unprecedented attack”. “The US remarks… severely violate the important commitment the US made not to support Taiwan independence, and send a seriously erroneous signal to Taiwanese separatist independence forces,” foreign ministry spokesperson […]

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The US limits Chinese imports: Fails to curb ‘dangerous’ investments in the country

  Backlink: THE BL For some years now, the United States and China have been engaged in a fierce trade war through which both seek to legitimize their economic power and make it clear to the world who is the world’s greatest power. Yet, curiously, the flow of Chinese capital to the United States, far […]

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Witnesses to China Telecom fire: There was an explosion, the fire spread very quicklyv

  Backlink: THE BL On the afternoon of September 16, a terrible fire destroyed skyscraper in the center of Changsha – the capital of Hunan province, where the office of the state telecommunications company China Telecom was located. Dozens of floors were engulfed in flames, looking like a giant torch. The scene was full of black smoke […]

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Avoiding conflict and begging for peace will lead to Taiwan Strait war

  Backlink: TAIWAN NEWS The Taiwanese have been listening to threats of military force for seventy-two years. Since the deaths of Chiang Kai-shek (蔣介石) and Chiang Ching-kuo (蔣經國), the Chinese have not heard any violent threats coming from Taiwan.       […]

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China at the brink of a financial crisis on the eve of the 20th Party Congress

  Backlink: THE BL Usually, housing bubble bursts are followed by defaults and financial crises. Foreign capital is fleeing China, and the country’s national currency is on the verge of catastrophic collapse. Economic and monetary data point to a financial crisis in China right before the 20th Party Congress.       […]

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Big investors are selling Chinese tech stocks, questions raised

  Backlink: THE BL In the latest development, a major shareholder sold Tencent shares worth $7.6 billion on the Hong Kong market. Prosus, a subsidiary of South African investment firm Naspers, said in a statement that it had transferred 192 million Tencent shares to Hong Kong’s clearing and settlement system and sold more than 1 million shares on […]

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Chinese Companies Lay Roots in Mexico to Evade US Tariffs

  Backlink: VISIONTIMES Mainland Chinese companies are laying down roots in Mexico in order to exploit a loophole around U.S. import tariffs. The issue came to light in a Sept. 13 Bloomberg article, which described the anecdote of a local real estate lawyer who turned a cattle ranch in Monterrey he inherited from his father into an […]

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Is the ship sinking? Big Tech begins to look for alternatives to ‘Made in China’

  Backlink: THE BL The announcement that Apple will start the production of its iPhone 14 in India at the end of October accelerated rumors that the company was looking to move its production out of China. Although it is not yet possible to cut off its dependence on the Asian giant, this first step could be […]

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CCP to increase cybersecurity personnel by 3.27 million: Rule through deception

  Backlink: THE BL The Ministry of Education of the Communist Party of China recently released a White Paper statement that said they would need to increase cybersecurity personnel by 3.27 million in the next five years. Analysis believes the CCP needs a large “cybersecurity army” to maintain internal stability and prepare for external cyber […]

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Lack of food and medicine in Xinjiang: Terrible consequences of Zero-Covid policy

  Backlink: THE BL Ili Kazakh prefecture, also known as Yili, in northern Xinjiang, with a population of more than 4 million people, has been under strict confinement since Aug. 11, when positive cases were detected in the region. Apparently, there have been no official announcements on closures. However, netizens have been repeatedly denouncing the […]

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