WASHINGTON—E-commerce billionaire Jack Ma will give up control of Ant Group, the leading Chinese financial technology provider he founded. In a statement posted Friday, Ant Group said that after an ownership restructuring, “no shareholder, alone, or with other parties” will have “control over Ant Group.” The company is an affiliate of e-commerce giant Alibaba, which…
Does Beijing Have Designs on Siberia?
Commentary Xi Jinping and Vladimir Putin met virtually on Dec. 30, touting the usual and expected bilateral economic and political engagement, cooperation, and development. But increasingly, one gets the sense that the marriage between Beijing and Moscow is one of convenience and necessity, not friendship. And Xi, the Chinese Communist Party chairman, may slowly be…
China Bulks Up Gold Reserves, Reduces US Treasury Bond Holdings
January 8, 2023
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Business & MarketsChinaChina Business & EconomyChinese RegimeGold and Commoditiesgold reservesMarketsTreasury Bonds
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China added 1.03 million ounces (32 tons) of gold to its reserves in November 2022, according to an official statement by China’s State Administration of Foreign Exchange (SAFE) on Dec. 7. Meanwhile, its holdings of U.S. treasury bonds fell to a 12-year low. Analysts speculate that while China augments its gold reserves to hedge against risk,…
PREMIERING 7:30PM ET: Gordon Chang on Virus Explosion in China, Xi Jinping Losing Control, and CCP Gearing Up for War
January 7, 2023
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American Thought LeadersCCP VirusChinaChina Business & EconomyChinese RegimeCOVID-19 protestsEpochTVGordon ChangInside CCP OfficialdomLive VideosSpecial TopicsTaiwanThreat from Communist ChinaUS-China relationsVideoXi Jinping
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Is Omicron the COVID-19 variant spreading in China? Or is it something else? And what does the explosion of the virus—and the associated real death toll in China—mean for Chinese leader Xi Jinping, the author of China’s draconian “zero-COVID” policies? We sit down again with China analyst Gordon Chang to discuss the complicated realities the…
PREMIERING NOW: Gordon Chang on Virus Explosion in China, Xi Jinping Losing Control, and CCP Gearing Up for War
January 7, 2023
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American Thought LeadersCCP VirusChinaChina Business & EconomyChinese RegimeCOVID-19 protestsEpochTVGordon ChangInside CCP OfficialdomLive VideosSpecial TopicsTaiwanThreat from Communist ChinaUS-China relationsVideoXi Jinping
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Is Omicron the COVID-19 variant spreading in China? Or is it something else? And what does the explosion of the virus—and the associated real death toll in China—mean for Chinese leader Xi Jinping, the author of China’s draconian “zero-COVID” policies? We sit down again with China analyst Gordon Chang to discuss the complicated realities the…
Gordon Chang on Virus Explosion in China, Xi Jinping Losing Control, and CCP Gearing Up for War
January 7, 2023
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American Thought LeadersCCP VirusChinaChina Business & EconomyChinese RegimeCOVID-19 protestsEpochTVGordon ChangInfiltrating the WestInside CCP OfficialdomLive VideosSpecial TopicsTaiwanThreat from Communist ChinaUS-China relationsVideoXi Jinping
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Is Omicron the COVID-19 variant spreading in China? Or is it something else? And what does the explosion of the virus—and the associated real death toll in China—mean for Chinese leader Xi Jinping, the author of China’s draconian “zero-COVID” policies? We sit down again with China analyst Gordon Chang to discuss the complicated realities the…
PREMIERING 1/7 at 7:30PM ET: Gordon Chang on Virus Explosion in China, Xi Jinping Losing Control, and CCP Gearing Up for War
January 6, 2023
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American Thought LeadersCCP VirusChinaChina Business & EconomyChinese RegimeCOVID-19 protestsEpochTVGordon ChangInside CCP OfficialdomLive VideosSpecial TopicsTaiwanThreat from Communist ChinaUS-China relationsVideoXi Jinping
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Is Omicron the COVID-19 variant spreading in China? Or is it something else? And what does the explosion of the virus—and the associated real death toll in China—mean for Chinese leader Xi Jinping, the author of China’s draconian “zero-COVID” policies? We sit down again with China analyst Gordon Chang to discuss the complicated realities the…
Multinational Companies Accelerate Moving Production Out of China, Reshaping Global Supply Chains
January 5, 2023
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Business & MarketsBusiness ColumnistsCCP VirusChinaChina Business & Economychina supply chainGlobal supply chain disruptionINSIDE CHINApandemic control measureSpecial Topics
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News Analysis Communist China’s two extreme ways of handling the pandemic—from implementing the previous zero-COVID policy to the current lifting of restrictions without a plan—pose major challenges to the global supply chains. Multinational companies have made concerted efforts to reduce reliance on China’s parts network. They now consider supply chain reliability and flexibility more significant…
New York Man Jailed for Plotting to Steal Trade Secrets for China
January 4, 2023
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ChinaChina Business & EconomyCrime and IncidentsGeneral ElectricLocal NewsNational SecurityNew YorkRegional-Local Newsthousand talentsThreat from Communist Chinatrade secretsUSUS NewsUS-China relations
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A New York man has been sentenced to two years in prison on Jan. 3 for conspiring to steal trade secrets from American multinational company General Electric (GE) to benefit the Chinese Communist Party (CCP). Xiaoqing Zheng, 59, of Niskayuna, New York, was convicted of conspiracy to commit economic espionage in March 2022, the Department of…
NY Man Sentenced for Plotting to Steal Trade Secrets for China
January 4, 2023
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ChinaChina Business & EconomyCrime and IncidentsGeneral ElectricInfiltrating the WestLocal NewsNational SecurityNew YorkRegional-Local NewsSpecial Topicsthousand talentsThreat from Communist Chinatrade secretsUSUS NewsUS-China relations
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A New York man was sentenced on Jan. 3 to two years in federal prison for conspiring to steal trade secrets from General Electric (GE) to benefit the Chinese Communist Party (CCP). Xiaoqing Zheng, 59, of Niskayuna, New York, was convicted of conspiracy to commit economic espionage following a four-week jury trial in March last year, the…
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