HONG KONG—China’s proposed cybersecurity rules for financial firms could pose risks to the operations of western companies by making their data vulnerable to hacking, among other things, according to a leading lobby group. The latest regulatory proposal comes at a time when a string of western investment banks and asset managers are expanding their presence…
China’s Draft Cybersecurity Rules Pose Risks for Financial Firms, Lobby Group Warns
‘Maverick’ Is Set to Buzz the CCP’s Tower, and It’s About Time.
May 29, 2022
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Commentary NEW YORK (May 27)—Recent news is that Tencent Pictures, a film distributor and production group owned by the Shenzhen-based Chinese technology giant, has dropped financing of “Top Gun: Maverick,” the widely anticipated sequel to the 1986 smash hit film about U.S. Navy aviators at the advanced Fighter Weapons School. Reports say that Tencent thought it was…
North Korea Makes China a Laughing Stock?; Hunter Biden’s Lawyer Spied on ‘My Son Hunter’ Producers
May 20, 2022
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Asia & PacificBeijingBurismaCCPCCP VirusChinaChina InsiderEpochTVFinance & Business TiesHunter BidenINSIDE CHINAJoe Bidenkevin morrisKim Jong Unlockdownmy son hunterNorth KoreaShanghaiSpecial TopicsUS-China relationsWorld
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Shanghai’s lockdown may be over soon. But as of now, officials are faking the reopen. We find out why. As Xi Jinping’s opposition grows discontent with his lockdown methods, will Xi compromise? This comes as North Korea faces its own virus outbreak, but will Kim Jong Un follow his “big brother” and lock down the…
Casino Mogul Steve Wynn Acted as Agent for China, US Says in Lawsuit
The U.S. Department of Justice on May 17 filed a civil lawsuit seeking to compel Las Vegas casino mogul Steve Wynn to register as an agent for the Chinese regime. The department alleged that Wynn lobbied then-President Donald Trump and his administration in 2017 on behalf of China, and Sun Lijun, a former vice minister…
Debt Trap: Beijing’s Role in Sri Lanka’s Crisis
May 13, 2022
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Asia & PacificBelt and Road Initiative (BRI)Chinachina-sri lankadebt trap diplomacyFinance & Business TiesGlobal ExpansionSpecial TopicsWorld
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Sri Lanka is in the grip of its worst economic and financial crisis since independence in 1948, plunging the country into chaos. In addition to the pandemic and the Russia-Ukraine war that have severely damaged the world’s second-largest tea exporter and major tourist destination, the country is also mired in the Chinese Communist Party (CCP)’s…
China’s State Media Claims De-Dollarization Improves RMB’s International Status
May 9, 2022
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ChinaChina Business & EconomyDe-DollarizationFinance & Business Tiesforeign exchange reservesoil RMBrmbSpecial Topicsyuan
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The U.S. dollar has long been recognized as the leading global reserve/fiat currency. But recent hardships posed by the pandemic, war, economic sanctions, dwindling food reserves, and energy shortages have motivated some countries to accelerate the diversification of their currencies. This emerging trend is referred to as de-dollarization. Official media of the Chinese Communist Party…
Getting Cut Off From Rest of World Is CCP’s ‘Greatest Fear’: Analyst
The “greatest fear” for the Chinese Communist Party leader Xi Jinping is getting the country cut off from the rest of the world. But this is occurring, according to Gordon Chang, author and a senior fellow of Gatestone Institute. Related CoverageGordon Chang: US-China ‘Most Dangerous Period in History’; Who Is Trying to Throw China Overboard?…
Florida Gov. DeSantis Blames Disney for Kowtowing to China Despite ‘Atrocities’
May 3, 2022
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CCPChinaChina Human RightsChinese RegimedisneyFinance & Business TiesFloridaFlorida Gov. Ron DeSantisLocal NewsPolicies & ImpactsRegional-Local NewsSpecial TopicsThreat from Communist ChinaUSUS-China relations
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Florida Gov. Ron DeSantis lashed out again at Disney for profiting off of China while ignoring its long-existing human rights abuses. “Disney has done a lot to partner with the Chinese Communist Party [CCP] and really has made a fortune over there without raising a peep about any of their atrocities,” DeSantis said on May…
DeSantis Calls out Disney for Partnering With China, Making a ‘Fortune’ There While Staying Silent on ‘Atrocities’
May 3, 2022
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CCPChinaChina Human RightsChinese RegimedisneyFinance & Business TiesFloridaFlorida Gov. Ron DeSantisLocal NewsPolicies & ImpactsRegional-Local NewsSpecial TopicsThreat from Communist ChinaUSUS-China relations
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Florida Gov. Ron DeSantis lashed out again at Disney for profiting off of China while ignoring its long-existing human rights abuses. “Disney has done a lot to partner with the Chinese Communist Party and really has made a fortune over there without raising a peep about any of their atrocities,” DeSantis said on May 2…
Apple’s App Store Censorship in China is ‘Disturbing’: FCC Commissioner
A top Federal Communications Commission (FCC) official has expressed concern over Apple’s censorship apparently to appease the Chinese Communist Party. Brendon Carr, the FCC commissioner, recently told NTD, an affiliate of The Epoch Times, that he is concerned about Apple’s App Store repeatedly blocking the Voice of America app in China, which he believes was…
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