Commenting on China’s COVID quarantine, ex-NBA star is fined $1,400

Insights 12/06/22, 19:33

Former NBA star Jeremy Lin, who plays for the Guangzhou Loong Lions in the Chinese Basketball Association, was fined 10,000 yuan ($1,400) for his alleged complaints about the conditions of COVID quarantine facilities.  As The Associated Press reported on December 2, the China Basketball Association fined Lin for "inappropriate remarks about ...

Mass protest at Wuhan University, students demand to return home

Social problem 12/06/22, 14:38

Sources from the Chinese online community show that on the evening of December 4, many students from Wuhan University, Hubei province, protested on campus. About 2,000 students holding umbrellas gathered to protest, chanting the slogan: "Transparent information, open process!". The source said earlier when dozens of universities across China protested against ...

Moody’s: Property crisis fuels risks to China’s financial system

Insights 12/04/22, 18:14

On Friday, December 2, credit rating agency Moody's warned that China's financial system might face rising risks due to the ongoing property crisis, notably smaller banks. Reuters cited a report from Moody's, saying, "Some buffers protecting the financial system are eroding, which would pose risks if the property downturn becomes protracted."   The ...

China saw the number of marriages plummet to the lowest in 37 years

Insights 12/04/22, 17:41

The latest data shows that in 2021 there were 7.64 million marriage registrations in China—a record low for 37 years. The number of first marriages in China has decreased by 51.5% in the past eight years since it peaked in 2013 at 23.85 million annually. According to The Epoch Times China, on ...

Details of Chinese university president’s corruption: Is that strange?

Insights 12/04/22, 17:35

Sina reported that China’s anti-corruption agency released an announcement on December 1 on six corruption cases. One of them was the former deputy secretary of the Party committee and the president of Guangxi University of Science and Technology, Li Simin. He was arrested in June. According to the notice, Li accepted tokens ...

Lack of orders, Evergrande suspends mass production of electric cars

Insights 12/04/22, 17:31

China Evergrande Group has reportedly suspended mass production of electric vehicles (EVs) due to a shortage of new orders. Reuters, citing sources familiar with the matter, revealed on December 2 that Evergrande’s electric vehicle unit, Evergrande New Energy Vehicle Group, has paused production at its plant in Tianjin city. This unit started ...

Chinese people achieve initial victory over the communist regime

Insights 12/04/22, 17:22

Despite the negative impact on the economy and people’s lives for nearly three years, the Chinese communist regime remains steadfast in its “zero-COVID” policy. Under this policy people are having a hard time surviving. Accordingly, the Chinese, especially those living in urban centers, are increasingly agitated. Consequently, a wave of protests ...