New home prices halved in 31 second-tier cities amid pandemic

  Backlink: THE BL According to data from the National Bureau of Statistics, the price of new houses in Harbin fell month-on-month, and second-hand homes fell by 9.5% year-on-year, reports New.qq.com on November 8. Statistics of the First Financial Reporter also said that among the 31 second-tier cities, 17 cities where new house prices fell year-on-year in the past […]

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The Chinese market’s big hole: 99% of stock funds lose

  Backlink: THE BL Foreign investors continued to be pessimistic about China’s economic outlook, and international investors accelerated selling yuan-denominated bonds. The U.S.-China Chamber of Commerce said that investment confidence in U.S. companies in China has fallen to a record low. In addition, the European Union is planning to follow the example of the United States and impose export […]

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China’s GDP growth is the Party’s new obsession

  Backlink: THE BL The “zero-COVID” policy along with the real estate crisis, and restrictions from the United States and other countries, are hitting the Chinese economy hard. After the 20th Party Congress, the Chinese communist regime urgently needs to show positive economic growth results, however, it faces major obstacles.       […]

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Central, Eastern Europe disappointed in love affair with China

  Backlink: THE BL China is losing friends in Central and Eastern Europe as a growing number of countries in the region continue to stay away from Beijing after China refused to denounce the Russian invasion of Ukraine. According to Nikkei Asia, the Central and Eastern European countries fell in love with China in the early […]

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China To Send Monkeys To Space To Study How They Reproduce There: Report

  Backlink: NDTV China is reportedly planning to send monkeys to its newly launched Tiangong space station in order to study how they grow and reproduce in a zero-gravity environment. Citing Chinese scientists Zhang Lu, who led scientific research for the space state, South China Morning Post reported that the experiment would be conducted in the space […]

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Confucius Institute new name? 19 countries set up China-controlled training classes

  Backlink: THE BL The Confucius Institutes have been closed down worldwide as many countries recognized the true purpose of Beijing’s social infiltration and propaganda spreading. As these institutes close, China has relied on another tool: China Luban Workshop. This is a training center aimed at helping train key talents for the Belt and Road […]

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The collapse of China’s richest village

  Backlink: THE BL Huaxi in east China, is a mysterious socialist town that once believed that the residents were entitled to extraordinary amenities, including free healthcare, education, luxurious homes, cars, and at least $250,000 in their bank accounts. The so-called richest village in China is now running into debt with villagers waiting in the […]

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