China’s annual “Two Sessions” meetings began on March 4. During the yearly meetings of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) National Committee, China’s central government will deliver a progress report and set development targets for the upcoming period. This year’s session is expected to be particularly significant, coming on…
Multinational Companies Accelerate Moving Production Out of China, Reshaping Global Supply Chains
January 5, 2023
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Business & MarketsBusiness ColumnistsCCP VirusChinaChina Business & Economychina supply chainGlobal supply chain disruptionINSIDE CHINApandemic control measureSpecial Topics
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News Analysis Communist China’s two extreme ways of handling the pandemic—from implementing the previous zero-COVID policy to the current lifting of restrictions without a plan—pose major challenges to the global supply chains. Multinational companies have made concerted efforts to reduce reliance on China’s parts network. They now consider supply chain reliability and flexibility more significant…
CCP’s Zero COVID Policy Devastates the Chinese Economy, Millions Could Die If Policy Is Removed
The Chinese Communist Party’s (CCP) draconian zero-COVID policy is facing its biggest challenges now. In the face of rising protests, many cities have begun to relax their zero-COVID rules but at the same time are building large numbers of quarantine facilities. The CCP is facing a dilemma due to the low vaccination rate and the…
China’s Mass COVID Testing Helps Elite Groups Get Rich, While Depleting Medical Insurance Funds
Since the beginning of this year, a new round of virus outbreaks has swept across China, and many cities have adopted regular nucleic acid testing for all residents as a pandemic control measure. The Chinese authorities tell the public that large-scale testing in China is provided free of charge as a best example of how…
China’s Foreign Exchange Reserves Fell for 4 Consecutive Months, With Record Decline in April
June 2, 2022
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Asia & PacificBusiness & EconomyChinaChina Business & Economychina exportsCOVID-19 lockdownseconomypandemic control measureWorld
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In the first four months of this year, China’s foreign exchange reserves continued to decline by more than $100 billion. The decline in April was the biggest drop since November 2016 nearly five and a half years ago. According to the China Administration of Foreign Exchange, from the end of December last year to the…
Hong Kong’s GDP Shrinks by 4 Percent in Q1, Full-Year Economic Growth Forecast Halved
Hong Kong’s economy contracted by 4 percent in the first quarter, disrupting the growth trend of the previous four quarters. The Hong Kong government adjusted its full-year economic growth forecast to nearly half of the original forecast. The economic contraction coincided with a sharp rise in the unemployment rate to 5.4 percent, the highest level…
China’s Local Governments Have Financial Difficulties Following ‘Zero-COVID’ Policy
Chinese authorities admitted on Sept. 19 that outbreaks of new COVID-19 cases occurred in “multiple cities at the same time.” Although the Chinese Center for Disease Control and Prevention (China CDC) still claims that “Dynamic Zero-COVID” strategy suits the situation in China, analysts believe that this policy will make the already difficult local finances even more…
China’s Experts Discuss Ending ‘Zero-COVID’ Policy
February 27, 2022
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Asia & PacificBusiness & EconomyCCP VirusChinaeconomic policiesINSIDE CHINApandemic control measurethe CCP virusWorldzero-covid policy
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With the international community gradually relaxing COVID-19 restrictions and the Beijing Winter Olympics coming to an end, the Chinese Communist Party (CCP) has recently announced it may “change” its “zero-COVID” policy to align with international community. Observers say that the CCP’s “zero-COVID” policy has reached a dead end and that the party is now forced…
Physician Faces Losing License After Contradicting Mainstream Pandemic Narratives
A Georgia physician, who presented his comments about COVID-19 vaccines and masks in a local school board meeting last August, is now under investigation and could lose his emergency doctor certification. He joins a growing list of health experts who risk being censored and even losing their licenses if they publicly say what isn’t widely…
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