China mistaken on comments from Japan’s Abe
The Guardian reported that China had reacted angrily to calls by Japan's former Prime Minister Shinzo Abe for Tokyo to consider hosting U.S. nuclear weapons. However, a famous Chinese commentator analyzes that China has made a mistake. According to Wang Wenbin, China Foreign Ministry Spokesperson, Japanese politicians have made false remarks ...
China’s first cloud computing firm lost $150 million in 2 years, wiping out 90% of its market cap
According to its 2021 financial report, Unique Technology Co. Ltd. (UCloud) experienced two consecutive bad years with accumulated losses of nearly 1 billion yuan ($150 million). The significant drop in its stock price has wiped out almost 90% of its market value. Total revenue has seen an upward trend since 2018 ...
U.S. Senator introduces bill to speed up arms sales to Taiwan, military training offer
Republican senator Marco Rubio on May 3 introduced a bill designed to strengthen Taiwan's military defense by providing it with critical technologies amid the current Russian invasion of Ukraine. The bill is titled Taiwan Peace Through Strength Act. It includes much military support for Taiwan, such as Washington's war plan for ...
Normalization becomes political movement and China becomes a giant prison: China expert
President Xi Jinping, on May 5, delivered a speech on epidemic prevention and control. An analysis shows that the regime is turning the zero-covid into a political movement and normalizing it. According to Xi Jinping, the CCP's prevention and control policy represents the party's nature and mission and preserves people's rights ...
North Korea fires ballistic missile ahead of China Vice President’s rare trip to Seoul
North Korea has just fired a missile on Saturday, May 7, one day after China announced it would send its second highest leader to the upcoming South Korea president's inauguration. South Korea’s Yonhap News Agency cited the country’s Joint Chiefs of Staff that its northern neighbor just fired a missile, likely ...
China’s Zero-covid oddly terrify, barbed wire and duct tape
To save Chinese people from a potentially deadly virus, blocking gateways with barbed wire or using duct tape to wrap people up alive is happening in China. Significant cities like Shanghai, Beijing, Zhengzhou, and Henan are under strict control, with the Omicron variant surging and the epidemic spreading across the country. ...
Beijing steps up restrictions on young users in a bid to crack down on tech industry
Young internet users in China have recently been prohibited from sending virtual gifts on Livestream platforms, and their allowed time on these platforms is to be restricted. The newly issued rules come as Chinese regulators ramp up their grip on the internet platforms. According to several government agencies' joint notice, Livestream ...
Chinese tech giants quietly quitting Russia
Chinese technology companies such as Lenovo and Xiaomi are quietly pulling their operations out of Russia following its invasion of Ukraine. According to Apollo News, these Chinese tech giants are worried about U.S. sanctions and under pressure from suppliers, although the Chinese government has called on them to resist overseas coercion. During ...
CIA director: China leaders consider ‘costs and consequences’ if invading Taiwan
According to SCMP, Director of Central Intelligence Agency (CIA) William Burns said on Saturday that China's leaders have to reconsider "the costs and consequences" if it wants to invade Taiwan. Burns said, "I think the Chinese leadership is looking very carefully at all this, at the costs and consequences of any ...
China’s forex reserves record the biggest drop in 5 years
China's State Administration of Foreign Exchange (SAFE) presented on May 7 that the country's foreign exchange reserves fell 68.2 billion dollars or 2.14% to 3.11 trillion dollars in April. This is the largest single-month decline since November 2016. As seen clearly from SAFE's data, China's foreign exchange reserves have experienced a ...
Blinken to put ‘China-Russia’ as ‘one-theater’ threat, affirm China as main U.S. rival: Source
State Secretary Antony Blinken had planned to have a speech on foreign policy toward China last Thursday, May 5. However, the plan was postponed because he tested positive for COVID. According to the Wall Street Journal, citing foreign-policy experts who consult with the administration, the U.S. is preparing to refresh the ...
‘A Ukraine Asia’: Japan calling for world concern of a Russia-alike in Indo-Pacific
Taiwan lives under the constant threat of invasion by Beijing; from talking to The Post during an interview in Washington on May 5, Japanese Defense Minister Nobuo Kishi said China had been carefully observing the current situation of Russia's aggression against Ukraine. He said, "If the international community somehow allows or ...
Reason logistics warehouse fires keep happening in China: Analysis
Recently, fires have continuously occurred in many logistics areas and logistics warehouses in China. Moreover, these incidents happen in different regions with close time frames. Fires broke out one after another from February to April. The following 3 caught fire on April 27, 25, and 10, respectively: A logistics park in Linyi ...
‘Children having nosebleed’: Changsha residents protest BYD factory’s pollution
According to Chinese media Da Ji Yuan, residents in Changsha city of Henan province have demonstrated in front of a BYD factory for days because of its environmental impact. Citizens have been protesting against the pungent paint smell emanating from the plant. It was so bad that they said it affected ...
China may be another reason for Opec’s hesitation to ease oil prices
The BBC published an article on May 4 explaining why OPEC refused to increase output to lower oil prices. Since the war outbreak between Russia and Ukraine, global oil prices have skyrocketed, surpassing 100 dollars a barrel, the highest mark in eight years. According to the BBC, President Biden has repeatedly asked ...
Chinese fighter crashed again, Beijing not able to help Russia military
Netizens in the past few days have been spreading a video showing a crashed Chinese fighter jet. The Sound of Hope said this fighter crash happened on April 23, in a wheat field in Caolou Village, Zhangji Town, Yucheng County, Henan Province. This is not the first time that Chinese fighters ...
53 killed in eight-floor building collapse in China, death toll could be higher
An eight-floor residential structure in Panshuwan, Changsha, Hunan province, suddenly collapsed at noon on April 29. According to the official report, the government completed the operation by 3:30 a.m. on May 6. The rescue team was able to find and rescue 10 survivors trapped under the debris, while 53 were found ...
French Polynesia military exercise to debut amid China’s growing presence in South Pacific region
The Marara 22 military exercise initiated by France will take place in French Polynesia in the South Pacific from May 8 to 19. The move came amid increased concerns over Chinese influence in the region. It is scheduled that 18 countries will send personnel to participate. This year's exercise will focus ...
China and Hong Kong urgently prepare for Russia-style sanctions
Since the West disconnected major Russian banks from SWIFT in March, China and Hong Kong have attempted to prepare a response plan for a similar situation. According to Asia Times, the Hong Kong Monetary Authority (HKMA) has prepared emergency plans if the U.S. sanctions Hong Kong or the mainland for supporting ...
U.S.-China’s recent comments regarding nuclear war threat
During May 6 press conference, China's foreign ministry spokesperson Zhao Lijian responded to Admiral Charles Richard's remarks. Previously, at a hearing on May 4, Richard said China was monitoring the war in Ukraine closely. He also stated that China would likely use nuclear coercion to their advantage in the future. Zhao ...
