Stock markets of several Asian countries, including Japan, South Korea, Vietnam, and India, have surged, some reaching highs that have not been seen in years. However, the Chinese stock market has faced significant challenges, struggling to escape a bear market. Financial analysts suggest that this declining performance reflects investors’ attitudes towards the future economic outlook…
While Asian Stock Markets Soar, China’s Stock Market Suffers Losses
June 18, 2023
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CCP Manipulates AIIB and Spreads Toxic Culture: Former Executive
June 18, 2023
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A Canadian executive of the Asian Infrastructure Investment Bank (AIIB) resigned on June 14 while accusing the Chinese communist regime of manipulating AIIB and creating a toxic culture. Experts pointed out that the incident has again revealed the Chinese Communist Party’s (CCP) infiltration of international financial organizations, which should serve as another warning to the…
Canadian AIIB Executive’s Resignation Reveals CCP’s Manipulation of Investment Bank, Spread of Toxic Marxist Culture
June 18, 2023
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aiibAsia & PacificBRICanadaCanadianChina Business & EconomyChina NewsChinese RegimeFinance & Business TiesGlobal ExpansionInfiltrating the WestInternational RelationsPickardSpecial TopicsWorld
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A Canadian executive of the Asian Infrastructure Investment Bank (AIIB) resigned on June 14 while accusing the Chinese communist regime of manipulating AIIB and creating a toxic culture. Experts pointed out that the incident has again revealed China’s ruling Communist Party’s (CCP) infiltration in international financial organizations, which should serve as another warning to the…
CCP Manipulates AIIB and Spreads Toxic Culture of Marxism: Former Executive
June 18, 2023
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aiibAsia & PacificBRICanadaCanadianChina Business & EconomyChina NewsChinese RegimeFinance & Business TiesGlobal ExpansionInfiltrating the WestInternational RelationsPickardSpecial TopicsWorld
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A Canadian executive of the Asian Infrastructure Investment Bank (AIIB) resigned on June 14 while accusing the Chinese communist regime of manipulating AIIB and creating a toxic culture. Experts pointed out that the incident has again revealed China’s ruling Communist Party’s (CCP) infiltration in international financial organizations, which should serve as another warning to the…
Italy Restricts Chinese Company’s Sway Over Major Italian Manufacturer
June 17, 2023
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Italy has approved measures to limit the control of a Chinese state-owned shareholder over the Italian tiremaker Pirelli, citing reasons of national security. Rome’s decision comes after Sinochem, Pirelli’s largest shareholder with a 37 percent stake, notified the Italian government in March of plans to update an existing shareholder pact with Camfin, which is controlled…
China’s Economy Is in a ‘Silted’ Deflation With Industrial Growth Hampered by Global ‘De-Risking’
News Analysis China’s economy has been mired in a sort of “silted” deflation: on the one hand, the country’s industrial growth has been stagnant as a result of the G-7-led global “de-risking” strategy against the Chinese Communist Party (CCP); on the other hand, Beijing’s move to increase the money supply has failed to help boost…
China Invests $10 Billion in Canal, but Experts Say It Is Redundant
Pinglu Canal, the first canal built by the Chinese regime, is a 72.7 billion yuan ($10.18 billion) hydro project approved last August. China said it is the shortest, most economical, and most convenient land-sea passage for economic trade between Southwest China and members of the Association of Southeast Asian Nations (ASEAN). Chinese Officials said the…
China’s Economy Slows in May; Central Bank Cuts Interest Rate
June 16, 2023
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BEIJING—China’s economy stumbled in May with industrial output and retail sales growth missing forecasts. The economic rebound seen earlier this year has lost momentum in the second quarter, prompting China’s central bank to cut some key interest rates this week for the first time in nearly a year, with expectations of more to come. “The…
Thai Navy Under Pressure to Buy ‘Notoriously Loud’ Chinese Submarine Engine After Germany Embargo
Thai officials are scheduled to visit China this month to continue negotiations over a botched submarine deal, in which Beijing sold the Royal Thai Navy (RTN) submarines without engines. Sources at the Thai defense ministry told Asia Nikkei that Thailand is still considering a deal from China as Beijing attempts to save face after it failed…
Beijing on Notice as 6 Nations Band Together to Condemn Economic Coercion
June 14, 2023
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Beijing is on notice after six nations pledged to work together against economic coercion and non-market-oriented policies. In a joint declaration released on June 9, the United States, UK, Canada, Australia, Japan, and New Zealand followed on from the G7 and condemned practices that harm world trade. “Trade-related economic coercion and non-market policies and practices threaten…
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