In recent years, several mainland Chinese banks have presented “withdrawal difficulties” and “unexpected account freezes,” causing concerns among the public. A recent investigation revealed that many Shenzhen bank branches are experiencing an influx of Hong Kong residents lining up to withdraw money. Banks have raised the difficulty level for cash withdrawals to discourage large withdrawals….
Hong Kong Residents Face Difficulties Withdrawing Money in Shenzhen, China
Shenzhen Becomes China’s Largest Industrial City as Shanghai Declines
For many years, China’s top three industrial cities were Shanghai, Shenzhen, and Suzhou, in that order. However, as Shanghai implemented Beijing’s draconian zero-COVID policy last year, the city’s GDP by industry fell, and Shenzhen overtook Shanghai to become the No. 1 industrial city in China. According to China’s recently released 2022 GDP ranking of the top…
Major US Investment Services Provider Lays Off Staff in China, Shifting Operations to Other Countries
November 11, 2022
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Morningstar, a leading global investment services provider, has significantly reduced its operations in China while shifting the bulk of its business activities to foreign locations. The Chicago-based firm has been in the Chinese market for nearly 20 years. The firm’s third-quarter financial report, released on Oct. 26, stated that it had “[begun] to incur costs from…
Chinese Activist Recounts Torture, Forced Medication During Detention at Psychiatric Hospital
October 16, 2022
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Asia & PacificChinaChina Human RightsChinese RegimeFalun GongGrassroots ResistanceShenzhenSocial IssuesSpecial TopicsWorld
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A desperate suicide attempt was the only thing that spared a Chinese rights defender from ongoing torture at a psychiatric hospital in China’s megacity of Shenzhen. Jie Lijian was in his 30s when he was forcefully hospitalized by police for the third time in 2018, suffering again at the hands of the Chinese regime for…
Rights Defender Describes Chinese Regime’s ‘Auschwitz Terror Concentration Camps’
October 16, 2022
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Asia & PacificChinaChina Human RightsChinese RegimeFalun GongGrassroots ResistanceShenzhenSocial IssuesSpecial TopicsWorld
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A desperate suicide attempt was the only thing that spared a Chinese rights defender from ongoing appalling torture at a psychiatric hospital in China’s megacity of Shenzhen. Jie Lijian was in his 30s when he was forcefully hospitalized by police for the third time in 2018, suffering again at the hands of the Chinese regime…
Statistics on China’s Amazing Population Density
According to Chinese public data, some 21 cities in China now have a population density of more than 1,000 people per square kilometer (0.386 square miles). Six cities are in Guangdong Province. Among them, Shenzhen is the most crowded city, with over 7,000 people per square kilometer. The 10 cities with the highest population density…
Anti-Lockdown Protest Turns Violent in China’s Shenzhen
September 28, 2022
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CCP VirusChinaGrassroots ResistanceINSIDE CHINAlockdownprotestShenzhensocial controlSocial IssuesSpecial Topics
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A large-scale protest erupted in Shenzhen early this week after the tech hub locked down three districts due to 10 new COVID-19 cases. The Shenzhen Health Commission announced seven symptomatic and three asymptomatic cases on Sept. 26, with four cases found in Luohu District, four cases in Futian District, and two cases in Longgang District,…
China Locks Down World Largest Electronics Market Under ‘Zero-COVID’ Policy
August 31, 2022
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Asia & PacificBusiness & MarketsCCP VirusChinaChina Business & EconomyChina Human RightsChinese RegimeeconomyElectronics MarketINSIDE CHINAlockdownMarketsShenzhensocial controlSpecial TopicsWorld
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China’s ruling communist party (CCP) has locked down the world’s largest electronics market and the urban districts in its megacity Shenzhen, which is China’s economic center. Meanwhile, a Chinese think tank warned of major risks to China’s economy, calling on the authorities to change the “zero-COVID” policy to help economy. After 11 local COVID-19 cases…
China’s Shenzhen Shuts Electronics Market Amid COVID-19 Outbreak
August 29, 2022
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CCP VirusChinaChina Business & EconomyCOVID outbreakElectronics MarketINSIDE CHINAShenzhenSpecial Topics
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SHENZHEN, China—Authorities in China’s southern city of Shenzhen shut the world’s largest electronics market of Huaqiangbei and suspended service at 24 subway stations on Monday in a bid to curb an outbreak of COVID-19. Three key buildings in the sprawling area, comprised of thousands of stalls selling microchips, telephone parts, and other components to manufacturers,…
Shenzhen Tasked to Find Residents Who Fled the Latest Lockdown
In the latest lockdown, approximately 12,000 residents immediately fled Baishizhou, an urban village of Shenzhen. Local authorities issued urgent notices to demand surrounding areas to not take in those who seek shelter. Baishizhou began a second lockdown on July 18. Local authorities adopted a 7-day closure of the communities, and residents started to flee the…
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