Luo Yulin, a former senior member of the Chinese Communist Party’s (CCP) state-owned assets watchdog, is under probe, according to an official notice published on May 17. Luo was a deputy ministerial-level official of the State-owned Assets Supervision and Administration Commission (or “State-owned Assets Commission”), and is suspected of “serious violations of discipline and law.”…
Xi Consolidates Power With Deliberately Contradictory Moves
Commentary Xi Jinping was, by the beginning of November 2022, trying to pull the Chinese Communist Party (CCP) and China out of the terminal velocity death spiral into which he had deliberately placed them in order to win total power. But blunting the velocity of the implosion—the hard landing—of China will prove less easy than…
Library and Archives Canada Purges Website Content It Deems ‘Offensive’
Canada’s chief archivist has ordered the purge of content deemed “offensive” on thousands of national archives webpages, according to internal documents obtained via Access to Information request by Blacklock’s Reporter. “Much of the content on the Library and Archives Canada website reflects the time at which it was written,” wrote chief archivist Leslie Weir in…
Why Did Xi Jinping Purge Jack Ma?
Commentary Jack Ma, now China’s fourth-richest man and the former CEO of Chinese e-commerce giant Alibaba, criticized China’s financial system policies at the Bund Summit 2020 in October. Since then, his enterprises have become the target of Xi Jinping. At first, the listing plan for Ant Group, an affiliate company of Alibaba, was halted on Nov. 3….
China Insider: Boyu Capital Flees to Singapore in Fear of CCP Purge
February 26, 2021
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On Feb. 22, the Wall Street Journal quoted insiders who said that China’s Boyu Capital, a private equity firm founded by former Chinese leader Jiang Zemin’s grandson, Jiang Zhicheng, has moved part of its business from its Hong Kong headquarters to Singapore. Two co-founders of the company have also relocated to Singapore. The transition was…
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