BUSINESS

Taiwan President Tsai Ing-wen
Future of Taiwan’s President Tsai Could Hinge on How She Handles a Vote on 4 Policies
While COVID-19 ravaged and devastated most of the world, Taiwan was praised and viewed as a model to follow in the way it kept the pandemic at bay, allowing its citizens to largely go about...
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Unsold Home Inventories in China Hit Five-Year High
In November, China’s unsold housing stock in its top 100 cities reached the highest number in five years according to a survey conducted by E-house China Research and Development Institution.  Demand in smaller centers also...
Beijing Allows Real Estate Firms to Issue Debts
Regulators in China have decided to allow real estate companies to issue debts in a move aimed to help the country’s struggling property firms. The money raised via such debts can be used to fund...
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How the CCP Creates Its Narrative: One Company Alone Builds Up a 100-strong ‘50 Cent Army’ Team
Early this year, international brands like Swedish clothing company H&M pledged not to use Xinjiang cotton picked through forced labor by Uyghurs. That statement triggered a “viral” Weibo post coordinated by the Chinese Communist Youth...
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US Using Export Control Tools to Sanction Chinese Company SenseTime Group
On Dec. 10, the White House released a “Joint Statement on the Export Controls and Human Rights Initiative” that commits “to use export control tools to prevent the proliferation of software and other technologies used to...
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Chinese Property Developers to Raise Funds Through Supply Chain Asset-Backed Securities
The Chinese real estate sector is going through tough times as many developers are facing financial troubles, and are unable to pay their suppliers or debt holders. To help deal with the issue, Chinese regulators...
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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,...
China’s Tech Industry Seeing Largest Round of Layoffs as Beijing’s Sweeping Crackdown Continues
As Chinese leader Xi Jinping’s crackdown on the country’s Big Tech sector continues, Beijing’s regulators are upping the heat on a heavily saturated internet sector, adding financial pressure to tech companies already impacted by profit...
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Disenchanting Black Friday Numbers Casts a Shadow on Future Earnings
Sales earnings were disappointing for this year’s Black Friday weekend due to COVID-19 fears, inflation, and supply chain constraints, foreshadowing even scantier earnings for the future. Such are the findings of a Sensormatic Solutions report...