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 […]
Backlink: NDTV The Taiwanese tech giant’s plant in Zhengzhou has been hit by a mass outbreak, with the company saying it is testing employees daily and keeping them in a closed loop. […]
Read More… from Workers Flee China’s Largest iPhone Factory After Covid Lockdown
Backlink: THE BL Hsieh Chin-ho, chairman of Caixin Media, posted on Facebook that in the past few days, foreign media outlets have reported that after the CCP’s 20th National Congress, wealthy Chinese are selling their assets. Shanghai luxury homes plummeted by 40%. Hsieh believes that “it’s too late to seek cover after hearing the sound of gunfire.” Investment […]
Read More… from Chinese tycoons sell assets! Experts say it’s too late
Backlink: THE BL The COVID-19 pandemic in China has now spread to at least 29 provinces. Local governments have locked down areas under a “zero-COVID” policy and restricted people’s travel. Repots are that many train stations are on the verge of collapse, and scenes of crowded train stations have disappeared. […]
Read More… from Many train stations in China are on the verge of collapse
Backlink: THE BL Newstalk disclosed that the Irish government granted residency to over a thousand millionaires worldwide, and most applicants are Chinese citizens. Wealthy foreigners must meet certain investment conditions for permanent habitation and citizenship. According to the report, 1,400 global millionaires have invested in Ireland for immigration, of which 94 percent of the success […]
Read More… from Over a thousand global tycoons granted Irish residency, 94% of applicants from China
Backlink: THE BL Many of China’s military research institutes working on hypersonics and missiles are on a U.S. export blacklist, but they are still buying specialized American technology. According to a Washington Post investigation, some of this technology comes from companies that have received millions of dollars in grants and contracts from the Pentagon. […]
Read More… from US tech helps boosts China’s hypersonic missile program despite curbs
Backlink: THE BL A Chinese firm’s purchase of land in Florida to build a lab monkey breeding facility is drawing scrutiny over the company founders’ ties to the Chinese military. JOINN Laboratories CA Inc., the California subsidiary of a biotech firm headquartered in Beijing, in July purchased more than 1,400 acres of land for building a primate facility in Florida’s […]
Read More… from Chinese Lab’s Purchase of US Land for Primate Breeding Facility Draws Scrutiny
Backlink: THE BL Shanghai will construct an isolation facility on an area covering about 14ha on Fuxing Island. According to Bloomberg, the facility, located in the east of Shanghai’s business district, will have 3,250 beds after completion. According to a bid document posted on a government tendering platform, China Communications Construction, a state-owned company, was […]
Read More… from Shanghai to construct isolation facility with 3,250 beds
Backlink: THE BL COVID outbreaks have recently hit Zhengzhou, the capital of Henan. According to a government notice, except for COVID testing, Zhongyuan district required its almost 1 million residents to stay at home starting Monday. As a result, chaos has unfolded in Zhengzhou. On October 16, a series of videos uploaded on Youtube showed a […]
Backlink: THE BL In the first eight months of this year, the fiscal deficit of China’s 31 provincial-level administrative regions was 6.74 trillion yuan (about $948 billion), the largest deficit since 2012 when compared to local government statistics for the past 10 years, with Sichuan, Henan, Hunan and Guangdong having the deepest debts according […]
Read More… from Local fiscal deficit reaches $1 trillion, more pressure on China’s economy
Backlink: VISIONTIMES The Chinese Communist Party has ordered state-owned oil and gas companies to stop selling liquified natural gas to Europe in order to ensure China has enough domestic supply to make it through winter. […]
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Backlink: THE BL According to China Central Television Station (CCTV), on October 10, the State Administration for Market Regulation conducted random inspections and discovered a piece of women’s clothing exceeded the standard of a carcinogenic aromatic amine dye called “Benzidine.” […]
Backlink: THE EPOCH TIMES After it joined the World Trade Organization in 2000 and anchored the Chinese yuan (a.k.a. renminbi) to the U.S. dollar, China linked its economy to the United States. Enforcing a fixed exchange rate regime with strict capital controls, China benefited from large inflows and relatively low-interest rates due largely to […]
Read More… from The Biggest Problem China Faces Isn’t Real Estate
Backlink: THE BL When we imagine life in a Shaolin Buddhist temple, we think of a place far removed from contact with the mundane. Where the simple, quiet atmosphere of spiritual retreat combines with the arduous training of martial arts to help forge the minds and hearts of the monks in their orange robes […]
Read More… from The Shaolin Temple, less faith and more money
