News Analysis The Chinese Communist Party (CCP) is reportedly conducting a “great investigation” into various areas of the state, including several provincial authorities and key ministries. Li Yanming, a U.S.-based expert on China, said this will result in a new round of political purges. “The so-called investigation campaign came after Xi Jinping secured his power…
Beijing Launches ‘Great Investigation’ Across Multiple Ministries, Provinces
Xi Jinping Accompanied by Top Military Official During His Visit to Xinjiang
Chinese leader Xi Jinping recently went to Xinjiang for an inspection, eight years after his last visit to this far-west China region. In addition to civilian officials, the entourage included the vice chairman of the Central Military Commission. This unusual occurrence could be a sign that Xi wants to warn and intimidate his political opponents….
Official Media Reports on Xi’s Visit to Hong Kong Fail to Mention Handover Leaders
Commentary Chinese Communist Party (CCP) leader Xi Jinping recently wrapped up his trip to Hong Kong marking the 25th anniversary of Britain handing the city over to China. Notably, both Xi and the official media avoided mentioning two key figures in the CCP takeover of Hong Kong, a rare occurrence in the past 25 years….
Xi’s Crackdown on China’s Financial Sector Reveals His Political Predicament
News Analysis Nearly 100 high-level Chinese officials in the financial sector have been investigated since the beginning of this year, ranging from banks, insurance companies, asset management companies, and financial regulatory agencies. The scope is unprecedented as previous disciplinary campaigns in China mostly targeted a small number of officials who were found suspicious. This aggressive…
After Evergrande, Another Chinese Developer Fantasia Missed Bond Payment
As the default of Chinese property developer Evergrande looms, with $300 billion in liabilities in question, Chinese real estate developer Fantasia has just missed a bond payment deadline. The company has one month to correct the default, which means it must repay the debt before Nov. 4, otherwise, all its overseas USD bonds will become…
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