• Opinion

Bank deposits are frozen, Japan media official says China runs out of cash

Opinion 06/27/22, 10:17

Recently, a lot of Chinese commercial banks have been displaying their own capital problems after depositors faced difficulties in withdrawing money from many rural and urban banks. The issues of frozen deposits have been found at lenders in Henan, Shanghai, Shenzhen, Liaoning and other places, triggering social protests.  In this regard, Yaita ...

CCP infighting: Expert says corruption is an excuse to purge political foes

Corruption 06/22/22, 06:56

A handful of Chinese officials have been purged recently as the infighting within the communist party (CCP) is getting fiercer ahead of its 20th National Congress. According to an independent news outlet, infighting has occurred between the incumbent President Xi Jinping's factions and his opponents, particularly those loyal to former leader ...

China’s Belt and Road Initiative will eventually fail: Expert

Opinion 06/21/22, 08:10

Commenting on the fate of China's Belt and Road Initiative, current affairs commentator Wang He told Chinese media Da Ji Yuan on June 17 that the Belt and Road Initiative project would eventually fail. Wang gave three reasons to support his statement. First, China's Belt and Road Initiative causes many problems ...

Chinese regime wants to steal two key oceans: Expert

Opinion 06/21/22, 07:39

Before the world could realize it, China has expanded its influence over the two most critical oceans globally, the Indian and the Pacific. As researcher and essayist John Mac Ghlionn stated in a column for Chinese media Da Ji Yuan, China has “stole[n] two of the world’s most important oceans.”  Like ...

China’s zero-Covid policy to extend into 2023: U.S. envoy

Opinion 06/18/22, 01:33

On Thursday, June 16, Nicholas Burns, the American envoy in Beijing, said that he expects Beijing's zero-Covid to persist into early 2023.  In an online event hosted by the Brookings Institution think-tank, the envoy said, "My own assumption is that we'll see the continuation of 'zero COVID' probably into the beginning ...

Taiwan need be heedful of China’s two recent moves: Japanese expert

Opinion 06/17/22, 01:17

Japan's "Sankei Shimbun" Taipei bureau chief Yaita Akio said in a Facebook post on Tuesday, June 14, that China has taken two recent measures that could have a big impact on Taiwan's future. The first is China's declaration to the world community that the Taiwan Strait is China's inland sea, and ...

70% of Hong Kong youth “lying flat” due to pressure: survey

Social problem 06/15/22, 00:28

According to Chinese overseas media, the Hong Kong Society for Community Organization and the New Youth Rights Concern Association conducted an online survey of 100 young people from February and May. They seek to find out the root cause behind the recent “lying flat” movement among the youth. The results show ...

Expert explained reasons China scared of Musk’s Starlink

Tech 06/11/22, 02:19

Brandon Weichert, a space expert was cited by ET on June 8, saying that Elon Musk's Starlink makes the Chinese Communist Party (CCP) "nervous." Starlink is a satellite internet constellation operated by Musk’s spacecraft company SpaceX. Currently, Starlink consists of over 2,400 satellites that orbit the earth at an altitude more ...

Zero-COVID undermines China’s lending push for economic growth, experts

Opinion 06/04/22, 02:16

To salvage the crippled economy, China has recently introduced a raft of measures, including a thrust for banks to increase lending. It has also encouraged banks to decrease mortgage rates and advocated for property financing to be stabilized. However, according to an analysis by Bloomberg, these elevations may not be sufficient ...