Category: China Business & Economy

CCP’s Slave-Labor Practices Aided by West Turning Blind Eye, Says China Expert

Cotton from Xinjiang has brought to light the notorious concentration camps, forced labor, and the Chinese communist regime’s crime of genocide against Xinjiang’s Uyghur population. However, slave labor has been a feature of the regime’s prisons since the communist revolution ended in 1949, and sporadic reports on the issue have never received enough attention from…


US Appeasement Prolonging CCP’s Slave-Camp Manufacturing, Says China Expert

Cotton from Xinjiang has brought to light the notorious concentration camps, forced labor, and the Chinese communist regime’s crime of genocide against Xinjiang’s Uyghur population. However, slave labor has been a feature of the regime’s prisons since the communist revolution ended in 1949, and sporadic reports on the issue have never received enough attention from…


Experts Advocate Eventual End to Single-Use Plastics, but Composites May Be Safe

A Senate hearing on March 30 underscored the widespread concern about single-use plastics, as experts and lawmakers discussed plastics pollution, plastic recycling, and the potential hazards of outsourcing plastics production to China. Hota GangaRao, a composites specialist and professor at West Virginia University, and Chelsea Rochman, an ecologist and professor at the University of Toronto,…


‘Common Prosperity’ Fades as China’s Billionaires and Unemployed Poor Proliferate Simultaneously

News Analysis China is running counter to the goal of “common prosperity” proposed by its communist rulers, as it becomes further polarized between rich and poor, with a rise both in the number of billionaires and in the unemployed or non-earning populations. “Common prosperity” has been among China’s top buzzwords since 2021. The slogan was…


Trump-Era Trends Could Have Yielded 850 Million More Barrels Under Biden: Expert

The United States is producing millions fewer barrels of oil per day—and hundreds of millions fewer in total—than it could have if it had matched trends under President Trump, according to testimony from an energy expert before the House of Representatives. “Had the Biden administration simply mirrored the Trump administration’s production growth rate, daily oil…


Trump-Era Oil Trends Could Have Produced 850 Million More Barrels Under Biden: Expert

The United States is producing millions fewer barrels of oil per day—and hundreds of millions fewer in total—than it could have if it had matched trends under President Trump, according to testimony from an energy expert before the House of Representatives. “Had the Biden administration simply mirrored the Trump administration’s production growth rate, daily oil…


China Ditches US Dollars in New Brazil Agreement, Settles First LNG Trade in Yuan

China settled its first purchase of liquefied natural gas (LNG) in the yuan as the world’s second-largest economy continues to accelerate the currency’s presence in the international market. China National Offshore Oil Corporation (CNOOC), the country’s largest offshore oil and gas producer, acquired an LNG shipment from France’s TotalEnergies through the Shanghai Petroleum and Natural…


China’s E-Commerce Giant Alibaba to Be Broken Up as Founder Billionaire Jack Ma Returns to China

Chinese e-commerce giant Alibaba announced on March 28 that it will split into six units, as news emerged that its co-founder Chinese billionaire Jack Ma has returned to China per the communist party’s request, after spending more than a year overseas. China observers believe this shows that Beijing’s policy toward privately-owned large Chinese tech companies…


Texas Senators Hear Witness Testimonies on Organ Harvesting in China

The Texas Senate Health and Human Services Committee on Wednesday heard from witnesses who favor proposed legislation that would prohibit health benefit plans from paying for vital organs originating in China, where forced organ harvesting occurs. “Senate Bill 1040 is intended to combat the horrific practice of forced organ harvesting,” said Republican state Sen. Lois Kolkhorst,…


Texas Senators Hear Witness Testimonies on Forced Organ Harvesting in China

The Texas Senate Health and Human Services Committee on Wednesday heard from witnesses who favor proposed legislation that would prohibit health benefit plans from paying for vital organs originating in China, where forced organ harvesting occurs. “Senate Bill 1040 is intended to combat the horrific practice of forced organ harvesting,” said Republican state Sen. Lois Kolkhorst,…