Chinese leader Xi Jinping is all but certain to secure a third five-year term and rule China until at least 2028, after two senior Chinese Communist Party (CCP) officials were not named to the communist regime’s new leadership group. On Oct. 22, the Chinese regime’s 20th Party Congress, a twice-a-decade political event, came to a…
Xi Set to Secure Third Five-Year Term After Two Senior Officials Exit Leadership Group
Record Numbers of Chinese Graduates Enter Worst Job Market in Decades
June 24, 2022
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BEIJING—Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job upon graduation, following four rounds of arduous interviews. But last month, the company told the students their contract offers were cancelled due to COVID-19 headwinds and the bad state of the economy in…
CCP Bans Officials and Their Families From Business Activities
June 23, 2022
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Asia & PacificCCP 20th Party CongressCCP Central CommitteeChinaChina Business & EconomyChinese RegimeFinance & Business TiesInside CCP OfficialdomLi KeqiangSpecial TopicsWorldXi Jinping
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China’s ruling communist party (CCP) has issued a new regulation in the name of anti-corruption banning high-ranking officials and their families from big business activities. Experts pointed out that it’s related to the CCP’s factional infighting and economic problems. According to the Chinese regime’s official media Xinhua, on June 19, the Central Committee of the CCP…
Fall of High-Level Party Official Who Faked Economic Data Triggers Concern Over China’s Economy
June 6, 2022
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ChinaChina Business & EconomyChinese Regimeeconomyfake dataInside CCP OfficialdomLi KeqiangSpecial Topics
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China’s top disciplinary watchdog announced on May 31 that it has removed a former top official in eastern Jiangsu Province from the Chinese Communist Party (CCP) and the regime’s public office. Zhang Jinghua, former deputy CCP chief of Jiangsu, was accused of “faking economic figures for personal promotion and meddling in market activities in violation…
Comic Artist Details ‘Hijacking Broadcast’ in China; 100,000 People Meeting to Rescue Economy in China
June 2, 2022
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305ChinaChina Business & EconomyChina InsiderChinese economyChinese RegimeComicDaxiongEpochTVEternal SpringFalun Gonghijackjustice leagueLi Keqiangpersecutionreligionreligious freedomSpecial TopicsStar WarsThreat from Communist ChinaUS-China relationsXi Jinping
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China’s second in command talks with 100,000 people over the failing economy. Is he splitting from Xi Jinping or simply doing his part? We analyze why COVID-19 is causing a diverging opinion among top leadership inside the Communist Party. I speak with comic artist Daxiong, who escaped China after the Chinese Communist Party began a…
China’s Industrial Profits Slump in April as COVID-19 Curbs Squeeze Firms
May 28, 2022
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Business & EconomyChinaChina Business & Economychina's industrial firmsCOVID-19economyLi Keqiangraw material prices
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BEIJING—Profits at China’s industrial firms fell at their fastest pace in two years in April as high raw material prices and supply chain chaos caused by COVID-19 curbs squeezed margins and disrupted factory activity. Profits shrank 8.5 percent from a year earlier, swinging from a 12.2 percent gain in March, according to Reuters’ calculations based on…
China Holds Unprecedented Meeting as ‘Zero-COVID’ Crushes Economy
May 26, 2022
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Asia & PacificBusiness & EconomyCCP VirusChinaChina Business & EconomyCOVID-19economyLi KeqiangSpecial TopicsWorldzero-COVID
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China’s premier Li Keqiang on May 25 presided over an meeting of over 100,000 officials to issue a stark warning about the “grim challenges” ahead for the country’s economy that has been battered by the communist regime’s COVID-19 policies. In a teleconference with representatives from provincial, city, and county levels of government, Li warned about…
Xi Jinping’s Deal With Li Keqiang and Xi’s Major Crises: China Expert
Chinese regime leader Xi Jinping mysteriously vanished from the front pages of China’s official media on May 17 and 18, while Prime Minister Li Keqiang appeared in the official headlines on May 17. It is noteworthy that three days earlier, on May 14, two CCP major mouthpieces published the full text of a speech delivered…
China Downgrades ‘Common Prosperity’
March 18, 2022
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ChinaChina Business & EconomyChinese Regimecommon prosperityLi KeqiangOpinionThinking About ChinaXi Jinping
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News Analysis A few months ago, Chinese leader Xi Jinping touted “common prosperity.” But in recent weeks, Beijing has barely mentioned it and instead began referring to a modified version of the policy, called “third distribution.” “Common prosperity” is broadly believed to be a method of “killing the rich to help the poor,” which means…
Hundreds of Millions of Chinese Need Jobs: Premier Li Keqiang
In 2022, 16 million Chinese people will join the workforce and need a job. At the same time, almost 300 million migrant workers will enter the cities, to earn money to feed their families in villages back home, Chinese Premier Li Keqiang said on March 11. In 2022, hundreds of thousands of veterans will leave…
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