The Women’s Tennis Association’s (WTA) pushback against China’s authoritarian disappearance of tennis player Peng Shuai could lead to cancellations of events beyond 2022. “We’re hopeful we get to the right place, but we are prepared if it continues as it is—which hasn’t been productive to date—that we will not be operating in the region,” Steve…
WTA: Loss of Tournaments in China Over Tennis Star Could Go Past 2022
December 2, 2021
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Business & EconomyChinaChina Business & EconomyChina Human RightsFinance & Business TiesInternationalInternational RelationsIOCMarketsPeng ShuaiSpecial TopicsThreat from Communist ChinaUS-China relationsWorldWTA
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Xi Jinping Purges Capital Market, Investigates Former CSRC Commissioner
December 2, 2021
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ChinaChina anti-corruption campaignChina Business & EconomyChina Securities Regulatory Commission (CSRC)Chinese RegimeFinance & Business TiesSpecial Topics
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Zhu Yi, a former member of the Issuance Appraisal Committee of China Securities Regulatory Commission (CSRC), has recently been investigated. The purge of the financial system by the CCP chief Xi Jinping has further intensified after the Party’s crucial mid-term congress (the 6th Plenary Session of the 19th CCP Central Committee) in early November. On…
China Factory Activity Rebounds in November, Slow Growth Pace Remains
November 30, 2021
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Business & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & Economyfactory activityFinance & Business Tiesnational bureau of statisticsPMISpecial Topics
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China’s factory activity picked up in November after two months of contraction, yet still the third lowest in about 20 months, despite the ease of mass power rationing and raw material price surges. China’s manufacturing purchasing managers’ index (PMI) for November was 50.1, up from 49.2 in October—the first time it exceeded the 50 mark…
China Regulator In Talks With US to Prevent Delisting of Chinese Firms
Chinese authorities are “working very hard” with U.S. counterparts to prevent Chinese firms from being delisted from U.S. stock exchanges, according to an official from China’s securities regulator, who warned that such delistings would be a setback for companies and relations with the United States. Discussions with U.S. counterparts on the delisting of Chinese firms…
Choose a Side: China Warns it Will Ban Taiwanese Businesses Over Political Stance
November 23, 2021
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ChinaChina Business & EconomyChinese RegimeFinance & Business TiesindependenceSpecial TopicsSubverting TaiwanTaiwanTaiwan Affairs Office
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Taiwanese businesses that support independence from mainland China will not be allowed to profit in China, a spokesperson for a Beijing agency said in a statement, as the Chinese regime punished a Taiwanese conglomerate for allegedly breaking the law. “The majority of Taiwanese businessmen and enterprises must distinguish right from wrong, stand firm, and draw…
Live Q&A Webinar: Will China’s Economic Crisis Impact the World?
November 17, 2021
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ChinaChinese Communist PartyChinese economyChinese RegimeCrossroadsEpochTVevergrandeFinance & Business Tiesglobal financial crisisInternational RelationsLive VideosSpecial TopicsUnmasking Communist ChinaVideoXi Jinping
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As Chinese real estate developer Evergrande hovers on the edge of collapse, questions are swirling about whether the fallout would cripple the Chinese economy, or spill over into the West to trigger a global financial crisis. Chinese leader Xi Jinping has also initiated a wave of clampdowns targeting everything from private tutoring to e-commerce to…
Upcoming Live Q&A Webinar: Will China’s Economic Crisis Impact the World?
November 12, 2021
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ChinaChinese Communist PartyChinese economyChinese RegimeCrossroadsEpochTVevergrandeFinance & Business Tiesglobal financial crisisInternational RelationsLive VideosSpecial TopicsUnmasking Communist ChinaVideoXi Jinping
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As Chinese real estate developer Evergrande hovers on the edge of collapse, questions are swirling about whether the fallout would cripple the Chinese economy, or spill over into the West to trigger a global financial crisis. Chinese leader Xi Jinping has also initiated a wave of clampdowns targeting everything from private tutoring to e-commerce to…
Goldman Sachs Buys Troubled Chinese Real Estate Debt
November 10, 2021
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Business & EconomyChinaChina Business & EconomyEconomiesFinance & Business TiesGoldman SachsMarket WatchSpecial TopicsWall Street
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Goldman Sachs is investing in Chinese real estate debt, despite being one of the most battered assets in the global financial markets today. The debt crisis and escalating default risks threatening China Evergrande Group, China Properties Group, and Sinic Holdings are creating enormous problems for the nation’s real estate sector. But the investment titan believes…
No More China Tech: 57 Million Credit Card Machines Likely Compromised
November 9, 2021
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News Analysis Americans and allies are too dependent on China tech, as demonstrated by recent revelations that our Chinese-manufactured credit card machines are sending data back to China for no good reason. The U.S. Treasury Department says that millions of Chinese point-of-sale (POS) devices, the credit card machines found at check-out counters, could be sending…
Yahoo Pulls Out of China Over ‘Increasingly Challenging’ Environment
November 2, 2021
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Asia & PacificBusiness & EconomyChinaChina Business & EconomyChinese RegimeCompaniesFinance & Business TiesSpecial TopicsTechTech NewstechnologyUSUS NewsUS-China relationsWorldYahoo!
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Yahoo has shut down its services in mainland China, becoming the second Western tech giant to pull the plug on China over the past month. The company stopped providing content for mainland Chinese users as of Nov. 1, according to a statement from its official website. “Products and services remain unaffected in all other global…
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