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CHINESE ECONOMY

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China Clamps Down on Starbucks, Tesla as It Encourages Boycotts of International Brands
By Tianzi Yang A report published on Dec. 14 described a Chinese reporter trying to expose food safety problems at a Starbucks in Wuxi, a city near Shanghai. News of the report was seen trending...
Weibo Fined for not Carrying Out Enough Censorship
China’s Twitter equivalent microblogging platform Weibo has been fined by the Chinese regime. The Cyberspace Administration of China (CAC) imposed a three-million yuan (US$471,165) fine on the social media network for posting “information forbidden by...
Chinese and Russian hackers pose a major security threat to the U.S. This photo taken on August 4, 2020 shows Prince, a member of the hacking group Red Hacker Alliance who refused to give his real name, using his computer at their office in Dongguan, China's southern Guangdong province.
Chinese Tech Giant Huawei Linked to Surveillance Operations and Intelligence Gathering: Report
An analysis by the Washington Post finds that Chinese telecommunications firm Huawei may have played a larger role in surveillance and software programs than previously acknowledged by both the company and the government.  The review...
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The Economic Scenario Beijing Fears Most Is Just Around the Corner
News analysis On Dec. 8 through Dec. 10, China held its annual Central Conference on the Economy in Beijing. The meeting is the highest level of economic analysis and decision-making of the Chinese Communist Party...
Chinese property giant Evergrande is said to have defaulted on repaying its debt.
Fitch: China’s Evergrande Finally Defaults On Debt
Real estate behemoth China Evergrande Group has been crippled with business issues and is struggling to meet its financial obligations. It has been declared as a defaulter for the first time after it failed to...
China is buying up huge volumes of feed grain.
China Procuring Massive Quantity of Feed Grain From France and Ukraine
China is the world’s top consumer of meat and grain. The country’s import of grains is swiftly rising. A major reason for this growth is the increase in demand for livestock feed resulting from excessive...
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Gambling Mogul Alvin Chau May Have Been Done In by Political Connections to Xi’s Rivals
News analysis In the early hours of Nov. 27, the Macau police arrested prominent local casino operator Alvin Chau and several others on charges of abetting cross-border gambling activities and money laundering. Days later, Chau,...
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Premier Li Keqiang Asks Officials to Avoid Communist-style ‘Bureaucratism’ as China’s Economic Crisis Worsens
News analysis At a recent meeting in Shanghai, China’s number two statesman provided provincial leaders with the latest instructions on economic policy and social development, while indicating the severity of the country’s economic situation.  Speaking...
Chinese tech firms like TikTok, Huawei, and Tencent have increased their lobbying budgets.
Douyin, Chinese Version of TikTok, Limits Kids to 40 Minutes a Day
Minors in China are now only allowed to use Douyin — the original, mainland Chinese version of video site TikTok — between the hours of 6 a.m. and 10 p.m. for 40 minutes a day,...