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Tag: zeng qinghong

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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,...
Evergrande Crisis Could Cause a Damaging Domino Effect While Powerful CCP Families Profit
On Sep 22, in an attempt to assure concerned western investors, the Evergrande Group announced that it will pay RMB$232 million (US$35.9 million) in interest on bonds due in September 2025 with a coupon rate...
Political Setback for Xi After Retired Party Leaders Make Appearances
Months of heated U.S.-China trade talks were derailed in early May when Beijing suddenly backtracked on much of what had been previously agreed to with the Trump administration. This prompted increased tariffs from Washington and...