The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
PREMIERING NOW: Troubled US Bank’s Ties to China Raise More Red Flags
Troubled US Bank’s Ties to China Raise More Red Flags
The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
PREMIERING at Mar. 22 10AM ET: Troubled US Bank’s Ties to China Raise More Red Flags
The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
Chinese Research Centres Recruiting British-Trained Tech Talent
Three state-funded Chinese institutes have posted job adverts this year targeting Chinese scientists in Britain in a bid to recruit high tech talent. The institutes, which advertised on the Chinese Embassy website, are looking for candidates for the National Natural Science Foundation’s (NSFC’s) Science Fund Programme for Distinguished Young Scholars (Overseas)—a recruitment and funding scheme similar…
A Mismanaged Silicon Valley Bank Failure Has Grave Consequences
Commentary This was undoubtedly the week that was. Silicon Valley Bank’s (SVB) failure sent the markets into the worst turmoil since the 2008 financial crisis. And, as I write this Friday morning, St. Patrick’s Day, there are “little fires everywhere” in regional banks that have unsettled markets. Most of them could have been avoided. What…
US-China Economic Gap Widens; China Misses Turning Point in Prosperity
News Analysis China’s economy is growing stagnant, with the GDP growth prediction for 2023 officially assessed as the lowest in 30 years, indicating a total economic decline after the COVID-19 outbreak. Such a slump means a widening gap with the United States and a reversal of previous projections by economists that the Chinese economy would…
Chinese Stocks React Negatively to Xi Jinping’s Third Term
News Analysis On the eve of the Chinese Communist Party’s (CCP) rubber stamp conferences that kicked off on March 3, Chinese A-shares instantly surged, fell in successive days, then hit a one-month low on March 10, the day Xi Jinping was announced as leader of communist China for a third term. On March 10, Shanghai…
China’s Quantitative Easing Will Help Little in Economic Recovery: Expert
Several Chinese state media recently said that the central bank’s extensive liquidity injection this year would inevitably result in significant inflation and a surge in home prices. They encourage people to consider buying a house, as real estate ownership can serve as an effective hedge against inflation. These outlets also stated that the property market…
China’s Exports to US Decline for 7 Straight Months
China’s exports to the United States have declined for seven consecutive months. Analyses show that this trend may continue as U.S.–China relations further deteriorate. Data released by China’s General Administration of Customs on March 7 showed the total trade value between the United States and China in the first two months of this year was…
Demand Plunges in China, Contradicting CCP’s Official Narrative About Economy
China’s imports are declining alongside domestic demand and a poor economy, which has dragged. Auto sales in China have started a price war but several Chinese state media outlets have recently continued to claimed that China will bring development opportunities to the entire world. On March 9, Chinese state media cited Eduardo Regalado, a China…
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