Tag: zero-COVID

Challenges Mount as China’s Xi Makes Bid For Third Term in Power This Fall: Author

As Chinese leader Xi Jinping seeks to secure an unprecedented third term in power at this fall’s 20th National Party Congress, his opponents within the Chinese Communist Party (CCP) will be leveraging the country’s internal troubles to undermine him, according to former diplomat and author Roger Garside. “There are tipping points … looming up in…


UK Shop Prices Growing at Fastest Rate in Over a Decade

Shop prices in the UK grew at the fastest rate in more than a decade in May, driven mainly by accelerating food inflation. According to the latest shop price index from the British Retail Consortium (BRC) and NielsenIQ, retail price inflation rose to 2.8 percent in May, the highest figure since July 2011. It said…


China Journal Slams ‘Another Central Committee’ for Undermining Party Leadership

News Analysis A Chinese Communist Party (CCP) publication recently published a commentary stressing the need for members to stay loyal to a “centralized and unified leadership”. The article in Red Flag Manuscript, a bimonthly political theory journal, also criticized some former chiefs for setting up another central government, a reference harking back to the Party’s earlier…


China Holds Unprecedented Meeting as ‘Zero-COVID’ Crushes Economy

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…


Hong Kong’s GDP Shrinks by 4 Percent in Q1, Full-Year Economic Growth Forecast Halved

Hong Kong’s economy contracted by 4 percent in the first quarter, disrupting the growth trend of the previous four quarters. The Hong Kong government adjusted its full-year economic growth forecast to nearly half of the original forecast. The economic contraction coincided with a sharp rise in the unemployment rate to 5.4 percent, the highest level…


Pony Ma’s Online Comment Ignites Discussion in Chinese Social Media

Chinese social media Weibo went wild when Pony Ma, Chinese tech heavyweight billionaire, posted a comment online. China watchers believe the staggered Chinese economy has finally pushed the famous low-profile Tencent Holdings CEO to voice his frustration. Ma commented, “This is a really vivid description,” quoting a partial statement of an online opinion piece which…


UBS, JPMorgan Slash China 2022 Growth Projections Over Regime’s ‘Zero-COVID’ Policy

UBS Group and JP Morgan Chase cut their forecasts for China’s overall growth domestic product (GDP growth this year as the country has been crippled by a series of lockdowns implemented by the regime’s strict ‘zero-COVID’ policy. UBS estimated China’s full-year economic growth would reach 3 percent, rather than 4.2 percent as earlier projected. Meanwhile,…


Contrary to China Media, CCP’s Zero-COVID Policy Slowing the Global Economy

The Chinese Communist Party (CCP) media continues to hype the “Zero-COVID” policy claiming it brings greater certainty to China and favorably contributes to the world economy. However, this contradicts the findings of international research firms that say, in combination with the Russia-Ukraine war, the CCP’s COVID policy has slowed global economic growth and pushed inflation…


Pandemic Lessons Learned: Deer Are Not Military Horses

Commentary Earlier this month, The Lancet published an article titled “Shanghai’s life-saving efforts against the current omicron wave of the COVID-19 pandemic” by three renowned scientists at Shanghai’s top universities: Wenhong Zhang, Xinxin Zhang, and Saijuan Chen. The article praised the Chinese Communist Party’s draconian lockdown policy in Shanghai as “life-saving.” Not long before that,…


China’s International Schools Hit by Exodus of Teachers Dejected by COVID-19 Curbs

SHANGHAI—After teaching for three years at an international school in Shanghai, Michael is preparing to break his contract and leave, worn down by stringent measures against the coronavirus. Following two years of nearly-shut borders, onerous health checks, and quarantine norms, a decision at the beginning of April to lock down China’s commercial centre proved the…