Stock prices for Chinese liquor brand Kweichow Moutai have fluctuated for four consecutive trading days, causing losses to its 100,000 shareholders. Meanwhile, Moutai and other liquor giants have recently given a large amount of their stock shares to local governments that are heavily in debt. These transactions have attracted attention from Chinese media outlets. Kweichow…
Chinese Liquor Giant’s Stock Falls as Free Handover of Shares to Local Government Draws Scrutiny
January 20, 2021
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BusinessCapital GroupChinaChina Business & EconomyChina SocietyChinese RegimeCompaniesgovernment debtGuizhouGujing GongjiuKweichow MoutaiLaobaiganjiuLuzhou LaojiaoMaotai baijiu
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Chinese Liquor Giant’s Stock Price Plummets After Free Handover of Shares to Local Government
January 20, 2021
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BusinessCapital GroupChinaChina Business & EconomyChina SocietyChinese RegimeCompaniesgovernment debtGuizhouGujing GongjiuKweichow MoutaiLaobaiganjiuLuzhou LaojiaoMaotai baijiu
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Stock prices for Chinese liquor brand Kweichow Moutai have fluctuated for four consecutive trading days, causing losses to its 100,000 shareholders. Meanwhile, Moutai and other liquor giants have recently given a large amount of their stock shares to local governments that are heavily in debt. These transactions have attracted attention from Chinese media outlets. Kweichow…
Strict Lockdown Measures Leave 300,000 Chinese Migrant Workers Stranded Outside Beijing
The COVID-19 outbreak in central Hebei Province continues to worsen. In order to prevent the spread of the disease into Beijing, 300,000 migrant workers living in the neighboring town of Yanjiao were recently banned from entering the capital city. Unable to go to work, these people are having a tough time trying to make ends…
Infographic: How the Global Pandemic Spread From China
For at least three weeks, Beijing knew about the severity of the CCP virus outbreak in the central Chinese city of Wuhan, but downplayed the crisis and suppressed any information at odds with the official narrative that the virus was containable. This coverup allowed the virus to spread beyond China’s borders, sparking a global pandemic….
2 More Chinese Cities Go Under Lockdown, as Beijing Mandates 4-Week Quarantine for Travelers
The Beijing city government issued more restrictions on travelers in an effort to prevent the CCP (Chinese Communist Party) virus from spreading. Two more cities in northeastern Jilin Province went under lockdown, as authorities in two villages in Heilongjiang Province culled all livestock—fearing that animals could also spread the virus. On Jan. 19, spokesman for…
Locals in Chinese City Claim Authorities Are Concealing the Severity of COVID-19 Outbreak
January 19, 2021
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The severity of the recent surge of COVID-19 infections in Qiqihar, the second largest city in China’s northeastern Heilongjiang Province, has been concealed by officials, locals say. The Epoch Times interviewed Qiqihar residents on Jan. 18 and learned that the city has been locked down since last week, and many residential buildings were sealed off…
Two More Chinese Cities Go under Lockdown, as Beijing Mandates Four-Week Quarantine for Travelers
The Beijing city government issued more restrictions on travelers in an effort to prevent the CCP (Chinese Communist Party) virus from spreading. Two more cities in northeastern Heilongjiang Province went under lockdown, as authorities in one village culled all livestock—fearing that animals could also spread the virus. On Jan. 19, spokesman for the Beijing city…
International Students Get Preferential Treatment at Local College in China’s Guangxi: Leaked Documents
In recent years, preferential treatment for foreign students by Chinese universities has repeatedly stirred up resentment among the domestic student population. The Epoch Times recently obtained internal documents from a trusted source that revealed a case of preferential treatment for international students at Liuzhou City Vocational College in Guangxi, a Chinese autonomous region bordering Vietnam….
China Insider: Defense Bill Orders U.S. Treasury to Probe Chinese Money Laundering
January 19, 2021
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2021bankcashChinaChina Business & EconomyChina InsiderChina SocietyChinese Regimecrimeeconomyfaking trade invoicefinancefinancialgamblingGraham Barrowlegal personmoney launderingNational Defense Authorization ActNDAANews VideosPolicyreal estateshadow companiessmugglingU.S. treasury departmentunderground bankUSVideovideo specialVoice of America
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2021bankcashChinaChina Business & EconomyChina InsiderChina SocietyChinese RegimecrimeEconomyfaking trade invoicefinancefinancialgamblingGraham Barrowlegal personmoney launderingNational Defense Authorization ActNDAANews VideosPolicyreal estateshadow companiessmugglingU.S. treasury departmentunderground bankUSVideovideo specialVoice of America
The U.S. Treasury Department will investigate the risks posed by China’s money laundering and develop a strategy to defend against it, as required by the National Defense Authorization Act of 2021.
China’s Food Prices Skyrocket as CCP Virus Outbreak Spreads to More Regions
Chinese authorities locked down more cities on Jan. 18 in an effort to curb the spread of the CCP virus. Several others were upgraded from medium to high-risk for virus spread—meaning residents were required to take nucleic acid tests for COVID-19, the disease caused by the (Chinese Communist Party) virus. Meanwhile, food prices have skyrocketed,…
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