Commentary Beijing is looking to resuscitate its technology sector growth in order to rescue its ailing economy. China’s more than two-year clampdown on its sprawling technology sector may finally be ending. And global investors have raced to snap up shares so far this year. The years-long campaign to rein in China’s internet platform companies is…
China Looks to Boost Tech to Make Up Growth
January 30, 2023
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Chinese Students Forced to Scramble Back to Australia as Beijing Shuts the Door on Online Study
January 30, 2023
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Tens of thousands of Chinese students will have to return to Australian campuses after a sudden ban on remote studying for overseas diplomas by the Chinese Education Ministry. On Jan. 28, the Chinese Service Center for Scholarly Exchange under the Education Ministry announced that from the first semester of 2023, the Center would no longer…
Guangzhou Retirees Stage Mass Protests Over Cuts to Medical Insurance Payments
January 29, 2023
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Asia & PacificChinaChina Business & EconomyChinese RegimeFinance & Business TiesGrassroots ResistanceGuangzhoupersonal medical insuranceprotestsRetireessocial controlSocial IssuesSpecial TopicsWorld
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Large crowds gathered on Jan. 11 outside a local human resource and social security bureau in Guangzhou, protesting against a sudden reduction in payments to their personal medical insurance accounts, according to a video of the protest posted online. This is the most recent protest in a series of mass rallies in the city, the…
Deteriorating Economy Sees China Adopt Softer Diplomatic Tone
January 29, 2023
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AnalysisChinaChina Business & EconomyChinese RegimediplomacyInternational RelationsOpinionQin GangUS-China relationsZhao Lijian
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News Analysis China’s new Foreign Minister Qin Gang is showcasing to the public a “soft” style of diplomacy that is starkly at odds with the hawkish tone of his recent predecessors. Critics say the sharp shift in the Chinese Communist Party’s (CCP’s) approach to foreign policy may be an attempt by Xi Jinping’s leadership to…
Republicans Introduce Bill to Strip China of Permanent Trade Status
January 27, 2023
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A group of Republican lawmakers is introducing legislation that would strip communist China of its special permanent trade status with the United States. The “China Trade Relations Act” was introduced on Jan. 27 by GOP Sens. Tom Cotton (Ark.), Rick Scott (Fla.), Ted Budd (N.C.), and J.D. Vance (Ohio). The legislation would end China’s permanent…
China Can No Longer Economically Surpass the United States: Experts
News Analysis China, the world’s most populous country, has reached a turning point in history as it recently announced its first population decline in 60 years. China analysts predict severe problems for the world’s second-largest economy owing in part to its shrinking population. According to Beijing critics, the Chinese Communist Party (CCP) has spent decades…
GOP Lawmakers Hawley, Buck Introduce Bills to Ban TikTok From All US Devices
January 25, 2023
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Sen. Josh Hawley (R-Mo.) on Jan. 25 introduced the “No TikTok on United States Devices Act” to prohibit the Chinese-based app from being downloaded on all U.S. devices and ban commercial transactions with ByteDance, TikTok’s parent company. Rep. Ken Buck (R-Colo.) has introduced a companion legislation in the House. In recent months, more than half…
Governments Warned Chinese Cellular Chips Pose Next Biggest Threat
January 25, 2023
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Using data collected in microchips, the Chinese Communist Party (CCP) could monitor activities all over the world in people’s homes as well as weapons deployment, a report warned. The report (pdf), written by British China researcher and former diplomat Charles Parton for Washington-based consultancy OODA, called on free and open countries to ban Chinese-manufactured IoT modules…
Beijing’s Loose Monetary Policy Fails to Boost China’s Economy
News Analysis The People’s Bank of China (PBOC) recently published that the amount of private financing declined in December 2022, which is lower than market predictions. Personal loans continued to slump while individual deposits exceeded 80 percent year over year. The growth curves of both categories of money supply M1 and money supply M2 have…
Sen. Josh Hawley to Introduce Bill Banning TikTok From US
January 24, 2023
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Sen. Josh Hawley (R-Mo.) is introducing legislation to ban social media app TikTok from distribution in the United States. Hawley announced the bill on Twitter early Jan. 24, saying that the app gives China’s communist regime a means of violating the privacy of Americans, including children. “TikTok is China’s backdoor into Americans’ lives,” Hawley said….
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