Tag: communist party

New Bills Would Reveal Russian and Chinese Funding of US Groups | national

(The Center Square) — Recently introduced legislation would require think tanks and nonprofits to disclose whether they have significant funding from governments and political groups in Russia and China. U.S. Representative Lance Gooden, R-Texas, on Thursday introduced the “Think Tanks and Nonprofits Foreign Influence Disclosure Act,” which would require nonprofits and think tanks to disclose […]

Asia News Today | Chinese react to falling stocks, Thai nightlife could reopen

China’s top economic official stepped in to reassure investors, saying Beijing would take steps to support China’s economy and financial markets. The comments follow a sell-off that was partly fueled by the reaction to Russia’s invasion of Ukraine. Liu He, vice premier and economic adviser to the Communist Party executive, said the government would take […]

China seeks to calm markets with promise of economic support | Economic news

JOE McDONALD, AP Business Writer BEIJING (AP) — China’s government on Wednesday tried to reassure jittery investors by pledging support for its struggling real estate sector, internet companies and entrepreneurs after regulatory clampdowns sent stock prices plummeting. Regulators should issue market-friendly policies to ‘reinvigorate the economy’, officials told a Cabinet meeting chaired by Vice Premier […]

Chinese stocks listed in the United States fall on fears of possible delisting

U.S.-listed Chinese stocks had their worst day of trading since 2008 on Thursday, spurred on by fears of possible delisting from U.S. markets under a law requiring companies to hand over information. audit to US regulators. Repercussions were felt in Chinese markets on Friday, where many stocks saw steep declines. The Securities and Exchange Commission […]

Last war in Ukraine: EU agrees to host all war refugees

Chinese media coverage of the war in Ukraine has focused on claims presented by Russia without evidence that the United States was using Ukraine to research biological weapons, while concerns about China’s position on the conflict persist. Coverage of the situation in Ukraine on the front pages of People’s Daily, the Communist Party’s official newspaper, […]

New Books Allege Chinese Communist Influence Stains US Universities

The Chinese Communist Party is corrupting American higher education, claim two new books. Red-handed: How America’s elites get rich helping China win, by Peter Schweizer, reports that Chinese donations to the University of Pennsylvania soared after Joe Biden set up a center there. Biden worked at the center after serving as vice president of the […]

India bans Free Fire from Sea Ltd, ripple effect felt in Chinese stock market

New Delhi, March 2 (IANS): The Indian government’s recent ban on Sea Ltd’s flagship game, Garena Free Fire, among 53 other Chinese apps, sent its shares plummeting on the stock market. Sea’s stock fell 19% and lost $16 billion in New York on February 14, the biggest decline, although analysts believe India’s earnings could […]

For Chinese leaders, the Olympics were not the jackpot of 2022

BEIJING — The just-concluded Winter Olympics weren’t the big event of the year in China, at least internally. For the Communist Party, it will take place this fall in a major meeting that will likely cement Xi Jinping’s position as one of the country’s most powerful leaders during his seven decades of communist rule. The […]

For Chinese leaders, the Olympics were not the jackpot of 2022 | Sports

BEIJING (AP) — The just-concluded Winter Olympics weren’t the big event of the year in China — at least internally. For the Communist Party, it will take place this fall in a major meeting that will likely cement Xi Jinping’s position as one of the country’s most powerful leaders during his seven decades of communist […]

Xi Jinping is trying to remake the Chinese economy

LAST YEAR Zotye, a carmaker, used it to tackle weak sales, and Wuliangye, a distiller, to improve the quality of its baijiu; it helped Zheshang Bank to digitise its operations and catalysed the development of energy-saving technologies at China National Nuclear Power. “Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era” is, […]

Chinese economy: Beijing’s war on the credit boom

Like many small businesses across China, Zheng Weijun’s freight company had struggled to obtain credit from the state-dominated banking system. But in 2018 the 12-lorry business discovered Fincera, a peer-to-peer platform in Hebei province that collected money from retail investors starved of returns and channelled it to borrowers, mainly small trucking and logistics companies. “We […]

A Reckoning for the Chinese Economy

Many observers look at China and see its leadership playing a masterful game. They see China refusing to bend its policies to fit global norms and successfully going its own way. The reality is that Beijing has tried to bend repeatedly under President Xi Jinping but has almost broken each time and has had to […]

Analysis: China’s bubble Olympics kept reality at bay

Olympic workers in protective gear walk through the snow at a hotel inside the Olympic bubble during the 2022 Winter Olympics, Saturday, Feb. 12, 2022, in Zhangjiakou, China. (AP Photo/Kirsty Wigglesworth) Kirsty Wigglesworth PA BEIJING They did – it seems obvious. But what exactly did they do? China staged a logistically adept Olympics with very […]

New book makes Henry Kissinger an ‘agent of Chinese influence’

American elites have used their ties to China to enrich themselves – and in doing so, they have helped Beijing become more powerful, according to a new book. Why is this important: Limiting the political influence of the Chinese Communist Party in the United States and abroad requires a closer examination of the behavior of […]

New York Times accused of publishing Chinese ‘propaganda’ article for Xi Jinping ahead of Winter Olympics

Media headlines on January 25 In today’s media, Peter Doocy says Biden called his cellphone to ‘clear the air’, Whoopi Goldberg hits out at Bill Maher for his pandemic comments, and Sarah Palin tests positive for COVID delaying his libel case against the New York Times. NEWYou can now listen to Fox News articles! The […]

Xi himself is a risk to China’s economy: report

Highlighting the side effects of Chinese President Xi Jinping’s “brutal and extreme” policies, a report in a Japanese daily said Xi himself posed a risk to China’s economy. It comes as experts say weakening growth in the final months of 2021 could spell trouble as China grapples with a deepening housing slump, the latest Covid […]

China’s economy guided by a unique system of governance

During the sixth plenary session of the 19th Communist Party of China Central Committee, there was a review of the history and major achievements of the CCP over the past century. From 1921 to 2021, the CCP led China to create countless economic miracles and long-term social stability. China’s economic development began to transform in […]

China’s economy is caught in an abyss

Chinese modernization began with limited capital. Ironically, he has large foreign exchange reserves abroad and banking crises at home Since Deng Xiaoping’s reforms, it was clear that the class profile of Chinese society would change. A new bourgeoisie would emerge and the petty bourgeoisie would grow larger with more money in their pockets. The proletariat […]

China’s economy guided by a unique system of governance – world

A view of the skyscrapers of Beijing’s CBD district. [Photo by Sheng Peng/For China Daily] During the sixth plenary session of the 19th Communist Party of China Central Committee, there was a review of the history and major achievements of the CCP over the past century. From 1921 to 2021, the CCP led China to […]

Chinese economy could grow by 6% in 2022: former vice minister of commerce at annual GT forum

Experts and economists discuss China’s economic outlook for 2022 at the Global Times Annual Forum in Beijing on December 11, 2021. Photo: Li Hao / Global Times The Chinese economy could grow by around 6% in 2022, a year in which the economic calendar is expected to be punctuated with major events, including the Beijing […]

Five perspectives on the direction of the Chinese economy according to the thought of Xi_ 英语 频道 _ 央视 网 (cctv.com)

BEIJING, Dec. 9 (Xinhua) – At a time when the global economic landscape is rapidly changing, President Xi Jinping’s economic thinking offers a glimpse into the future of the world’s second-largest economy. Xi Jinping’s reflection on the socialist economy with Chinese characteristics for a new era, officially unveiled in 2017, is based on Xi’s new […]

View: Can the return to traditional communism help the struggling Chinese economy?

China is the world’s largest manufacturer of labor-intensive goods. It capitalizes on the cheap labor available in countries like the Philippines, Bangladesh and India. But recent changes in economic policies indicate China’s intention to align itself more closely with traditional Marxist economics. China’s rapid economic growth has been fueled by heavy investment and a borrowing […]

3 Chinese education stocks to buy amid rumors of new regulations

Chinese education stocks have seen an interesting move throughout 2021. And investors should keep a very close eye on this sector. Why? For-profit educational enterprises represent a significant part of the Chinese economy. However, due to Beijing’s crackdown on the area earlier this year, investors are reluctant to take the plunge. In recent months, the […]

China’s economy risks a bigger slowdown than markets realize

China’s economy is likely to slow faster than investors realize, as President Xi Jinping’s efforts to reduce his reliance on real estate and regulate tech education sectors combine with an electricity shortage and the pandemic. Bank of America Corp. and Citigroup Inc. are among those sounding the warning that the expansion will be less this […]

Chinese Economy Risks Slower Downturn Than Markets Realize | World news

China’s economy is likely to slow faster than investors realize, as President Xi Jinping’s efforts to reduce his reliance on real estate and regulate tech education sectors combine with an electricity shortage and the pandemic. Bank of America Corp. and Citigroup Inc. are among those sounding the warning that the expansion will be below the […]

Chinese cooking app Meituan leaps forward after $535 million fine

Fined half a billion dollars for harming its customers, shares of Chinese food delivery app Meituan (HK:3690) (MPNGF)… soared on Monday, raising the entire Hong Kong market. Shares of Meituan ended the day up 8.4% here in Hong Kong, driving gains in the Hang Seng Index. Hong Kong’s benchmark index posted the strongest performance in […]

5 lessons Evergrande taught us about the Chinese economy

Last week, global markets shuddered after a Chinese company named Evergrande fell into what looks like a downward spiral into oblivion. Evergrande is – or was – the second largest real estate company in China. A few years ago, it was the most valuable real estate stock in the world. He was also involved in […]

5 lessons Evergrande taught us about the Chinese economy: Planet Money: NPR

Global markets rocked last week after a Chinese company named Evergrande fell into what looks like a downward spiral into oblivion. Evergrande is – or was – the second largest real estate company in China. A few years ago, it was the most valuable real estate stock in the world. He’s also been involved in […]

Luxury depends heavily on the Chinese economy for its future growth

SIMON BROWN: I am now chatting with Peter Little, an investment analyst at Anchor Capital. Peter, I enjoy the early hours. you turn off a note last week on luxury and China. Right at the top there is a graphic (see below) that absolutely blew me away. I knew China was important, but if you […]

FEDU shares rise 35% as Chinese education companies overcome regulatory threats

Chinese education stocks have taken a hard hit this summer. The Chinese government is working to stimulate long-term economic growth. In doing so, he potentially seeks to force for-profit educational businesses to become non-profit organizations. This, of course, is killing the industry for investors and as a result stocks have fallen since. Some companies are […]

Chinese education company GSX to shut down preschool business and cut 30% of staff amid heightened regulatory pressure

Chinese online education platform GSX Techedu is closing its preschool education unit and cutting jobs as Beijing steps up a campaign against the country’s burgeoning out-of-school tutoring sector, multiple media reported. Bloomberg company spokeswoman Sandy Qin quoted as confirming that GSX’s decision to shut down its preschool education business for children ages 3 to 8 […]

Chinese education shares dip as Beijing announces it will help run private schools

Chinese educational institutions have seen a decline Stock price as Beijing announced that private schools should adhere to the leadership of the Communist Party under a new law. Experts believe that the regime plans to further erode the operational independence of the education system. The amended law on the promotion of private education highlights the […]

China’s economy grew as the US, Japan and Europe struggled with Covid-19

BEIJING — China’s economy grew 2.3% in 2020 as the recovery from the coronavirus pandemic gathered pace while the United States, Europe and Japan battled disease outbreaks. Growth in the three months to December rose to 6.5% from a year earlier, from 4.9% in the previous quarter, official data showed Monday. At the start of […]

Chinese education officers opt for UK over Australia after Covid

Australian universities and colleges risk sacrificing China’s market share as “mixed messages” over reopening borders compound the damage from an acrimonious bilateral relationship. A survey of 60 agents in China, Hong Kong and Taiwan suggests that Australia’s popularity with students and their educational advisers is plummeting, as rivals Canada and especially the UK Uni, reinforce […]

Chinese economy is recovering thanks to Australian stimulus packages

Canberra has spent billions on stimulus packages this year, but huge sums are going directly to China, helping its economy, not ours. In January, factories and workshops across China went eerily silent as Beijing sent most of its country into what was then the toughest and most widespread lockdown in modern history. A nation that […]

Xi sees less than 5% growth rate in new view of China’s economy

(Bloomberg) – President Xi Jinping reports that his long-term view of China’s economy likely requires it to grow at an average rate of less than 5% per year, well below the historic trend of the past 30 years . Xi told the Communist Party Central Committee last week that the economy could double in size […]

Coronavirus seems tamed, Chinese economy begins to recover

BEIJING – China has rekindled its factories after having largely brought the coronavirus epidemic under control within its borders. The question now is who will buy the products produced by these factories. Industrial production jumped in China last month more than twice as fast as most economists expected, official data released Friday by the country’s […]

Former track and field athlete reveals dark side of Chinese sport

The Chinese regime spotted Duan Daili’s exceptional athletic abilities at a young age. He was selected to start track and field training at the age of 13. In elementary school, he led the competition in one event by a wide margin. Duan competed at the municipal and provincial levels and eventually joined the National Sports […]

“I can live without basketball, but I cannot live without my homeland”

BEIJING – When Wu Xintong’s favorite team, the Los Angeles Lakers, faced the Brooklyn Nets in Shanghai on Thursday, they broke a more than 10-year viewing streak and deliberately missed the game. Until recently, the 20-year-old student from Northern Hebei Province religiously followed her idol, Kobe Bryant. She meticulously recorded in a notebook the details […]

Why the Chinese economy has stolen and India has just grown

Construction of the new Kangbashi district in Ordos, Inner Mongolia, China. Photographer: Nelson… [+] Ching / Bloomberg 2011 Bloomberg Finance LP The two countries have roughly the same population, similar average unemployment rates, and current GDP growth rates that are among the highest in the world. Yet China’s economy is almost five times the size […]

Education Minister terminates Chinese education program in schools

Education Minister Dominic Cardy is getting rid of a Chinese language and culture program in schools as teachers fear teachers will blacklist topics that cast a bad light on China and n ‘teach what the Chinese Communist Party approves. The non-profit Confucius Institute has a presence in 28 schools in New Brunswick, with more than […]

Slowing Chinese economy means more instability – The diplomat

Advertising At the end of the 19th National Congress of the Chinese Communist Party (CPC), “Xi Jinping’s Thought on Socialism with Chinese Characteristics for a New Era” was enshrined in the Party constitution. Included in Xi’s political theory was the declaration that “” Improving people’s livelihoods and well-being is the main goal of development. “ […]

The Paradox of Weakness and Strength in Chinese Education

China’s narrative is primarily about the rise and fall of China’s growth rate; its massive foreign exchange reserves; its high investment rate; its excellent infrastructure; how it became the manufacturing center of the world; how it sucks up oil and other natural resources from around the world; how it intimidates its neighbors around the South […]

‘Little Soldiers’ examines Chinese education system from the inside

Born in Philadelphia, raised in a Houston suburb, trained at Stanford and Columbia, journalist Lenora Chu has a CV that – at first glance – seems very American. But her “link with China came by birthright”: she is “a direct descendant of the founding emperor of the Ming dynasty”. The families of Chu’s parents fled […]

Is the Chinese economy about to fall off a cliff?

The Conference Board, an international economic research organization funded by corporate donations, came out with a new report claiming that China’s economic miracle is over and things are about to get sticky for what is now, by some measures, the world’s second-largest economy. Over the next few years, China is likely to face a period […]

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