China wants to use annual business gathering to attract more foreign investment but is opaque about which leader will attend.
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Beijing says Evergrande and its tycoon founder committed a $78 billion fraud. That would rank it as one of the biggest financial frauds ever.
Beijing has accused Evergrande of inflating revenue by $78 billion in 2019 and 2020.Regulatory authorities have fined Evergrande’s founder and banned him from the securities market for life.The …
Hong Kong Adopts Sweeping Security Laws, Bowing to Beijing
The legislation targets “external interference” and the theft of state secrets, with implications for businesses, journalists, civil servants and others.
China Is Growing Old Before It Gets Rich: Economist
Beijing’s sunny economic forecast this year belies the difficulty of escaping the middle-income trap, a Chinese analyst says.
Korean carriers expand routes to China as demand returns to pre-pandemic levels
The figure represents an increase of 867.9 percent from February of last year, when only 105,224 passengers flew the same route. The recovery rate from February 2019, before the onset of Covid-19, …
Taiwan Slams Russia’s Putin for Backing China’s Territorial Claim
Taiwan has slammed comments from Vladimir Putin supporting China’s territorial claims. In a statement that drew immediate backlash, the Russian president on March 18 endorsed China’s claims over …
Biggest fraud in Chinese history? Beijing accuses Evergrande of inflating revenues by $78 billion
Chinese regulators have accused Evergrande and its founder of inflating revenues by $78 billion, putting the insolvent property developer at the heart of the country’s biggest ever financial fraud …
A dissident in Europe is enraging Beijing. Now Chinese police are coming for his social media followers
Teacher Li” warned his 1.6 million followers on X that authorities are summoning his followers in China for questioning.
China’s Xi Congratulates Ally Putin on Reelection
Xi Jinping said China and Russia are developing their “comprehensive strategic partnership of coordination for a new era.” …
China’s Coast Guard Joins Navy and Air Force for Combined Drills
The Chinese Coast Guard combined forces with the People’s Liberation Army Navy and the Air Force near the Taiwan Strait in a rare show of force. The Chinese People’s Liberation Army (PLA) Eastern …
China’s stock watchdog fines property developer Evergrande, slaps lifetime ban on its chairman
Troubled property developer China Evergrande Group says Beijing’s stock watchdog has fined it 4.2 billion yuan ($333.4 million) for allegedly falsifying its revenue, among other violations, as it …
Blinken boosts U.S. ties to Philippines amid China maritime aggression
U.S. Secretary of State Antony Blinken discussed Chinese security risks on Tuesday with senior Philippine leaders, as Washington and Manila seek to bolster ties in the face of increasingly aggressive …
The disaster looming 1,000 times worse than China’s TikTok
Within the next decade, every American will have sensitive, private data stored using blockchain, which China is heavily investing in – posing a colossal security and privacy problem.
