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Tag: guangdong

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Shenzhen Civil Servants’ Pay Slashed as Chinese Government Sees Fiscal Shortages
China has seen pay cuts for civil servants in recent years. Since the second half of 2021, the more affluent provinces of Jiangsu, Zhejiang, Guangdong, Fujian, and the city of Shanghai have started to announce...
Beijing is encouraging banks to hand out more loans to property firms.
China Tells Banks to ‘Give Out More Property Loans’ While Easing M&A Rules
With China reeling under a property crisis and many real estate developers struggling to find funds to pay their dues, some are worried about the sector’s liquidity situation. There are fears that a few developers...
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French Co-Owner of China’s Taishan Nuclear Plant Recommends Shutdown
Electricite de France (EDF), the French company that co-owns China’s Taishan nuclear power plant, has indicated that it would shut down the plant if it was possible. A spokesperson from the company stated that though...
Republican Representatives Tom Tiffany and Scott Perry recently introduced legislation in the House seeking to end Washington’s recognition of the ‘One China’ policy.
Lawmakers Introduce Bill to Recognize Taiwan as a Sovereign State
Republican Representatives Tom Tiffany and Scott Perry recently introduced legislation in the House seeking to recognize Taiwan — officially called the Republic of China — as a separate country from the communist-run Chinese mainland. The...
Communist Policies Hurt China’s Coastal Economy as US Tariffs Loom
The Chinese private sector, having grown extensively in the last several decades, is now on the verge of collapse as China’s communist authorities squeeze companies for profits, and as Beijing maintains an unyielding stance in...