China is selling its oil fields in the United States, Canada, and Britain due to fear of Western sanctions, according to a recent Reuters report. Experts say Beijing’s over-reliance on U.S. markets and technologies could be fatal in the case of being sanctioned or losing its overseas assets. China’s top offshore oil and gas producer,…
China’s Top Oil Gaint Reportedly Plans to Exit Western Markets in Fear of Sanctions, Returning to Domestic IPOs
April 21, 2022
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Papua New Guinea Could Be Next Target for Beijing Security Pact: Australian PM
April 20, 2022
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The Australian prime minister has hinted that neighbouring Pacific nation Papua New Guinea has faced similar “pressure” from Beijing to agree to a security agreement like the Solomon Islands. Prime Minister Scott Morrison has been busy defending Australia’s engagement with the South Pacific after the Chinese Foreign Ministry confirmed on April 19 that it had…
Beijing’s Long Arm Targets Shen Yun Artists in Upstate New York
CUDDEBACKVILLE, N.Y.—Dancers and musicians who have fled communist China and found a base in the serenity of rural upstate New York are now finding themselves the target of overseas operations by Beijing as well as an American national with close ties to China. An investigation by The Epoch Times, which reviewed thousands of pages of…
Hong Kong Saw Worst First-Quarter IPO Performance in Nearly A Decade, Falls From Top Five Global Ranking
The Hong Kong Stock Exchange (HKEX) saw its worst performance quarter in IPO fundraising since 2013, pushing the city out of the top five in the global IPO ranking. Analysts believe it is investor lack of confidence in Hong Kong’s capital market that led to the poor performance. Initial public offering (IPO) is the core…
EU Official Calls Summit With China a ‘Dialogue of the Deaf’
April 7, 2022
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Chinese leaders “did not want to talk about Ukraine” during Friday’s high-profile summit between the European Union and Beijing, the EU’s foreign policy chief said, describing the session as a “deaf dialogue.” “China wanted to set aside our difference on Ukraine,” Josep Borrell told a plenary session of the European Parliament on Tuesday evening. “They…
Zelenskyy Dismisses Russian Military Pullback; NIH Deleted Info from Wuhan Lab, Watchdog Finds | NTD News Today
No end in sight for the conflict in Ukraine after Tuesday’s peace talks. Ukraine and Western allies dismissing Russian claims of a military pullback. Russia and China have agreed to expand cooperation further. And a poll shows that a majority of Americans agree to sanctions against Beijing if it chooses to aid Moscow. Florida is…
‘Disgusting and Inhumane’: Sen. Scott Condemns CCP Over Death of Falun Gong Practitioner While in Custody
March 29, 2022
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Sen. Rick Scott (R-Fla) has condemned the Chinese communist regime for its persecution of a 66-year-old Falun Gong practitioner and mother, who died in custody after being arrested simply for practicing her religious belief. Ji Yunzhi died on March 21 after being tortured while in custody. The 66-year-old died 48 days after she was put…
The ‘Great Translation Movement’ Unveils CCP Domestic Propaganda, Faces Crackdown from Beijing
March 29, 2022
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The Chinese Communist Party’s (CCP) “Great Firewall” has long controlled public access to uncensored information on the internet and thus, opinion within China, imbuing its citizens with values that differ from the universal values. However, a new grassroots movement is pushing to unveil the CCP’s domestic propaganda to the Western world. A so-called “Great Translation…
California Court Seizes Illegal Bank Accounts Held by Chinese Nationals
March 22, 2022
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The U.S. Department of Justice on Feb. 16 filed a lawsuit in a California court seizing the funds of hundreds of Chinese nationals who held illegal U.S. bank accounts obtained through a criminal ring. As Beijing tightens the limit on capital leaving the country, many Chinese nationals seek other channels to move funds overseas. For…
DOJ Seeks Seizure of Bank Accounts Allegedly Illegally Held by Chinese Nationals
March 22, 2022
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Asia & PacificBank of AmericaBeijingChinaChina Business & EconomyChinese nationalsCrime and IncidentsJudiciaryLocal NewsNorthern CaliforniaPatriot ActRegional-Local NewsSouthern CaliforniaU.S. Department of JusticeUSUS NewsUS-China relationsWorld
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The U.S. Department of Justice on Feb. 16 filed a lawsuit in a California court seeking to seize the funds of hundreds of Chinese nationals who held illegal U.S. bank accounts obtained through a criminal ring. As Beijing tightens the limit on capital leaving the country, many Chinese nationals seek other channels to move funds…
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