Tomorrow Holdings, a financial empire that serves Chinese Communist Party’s top families, is broken up By Shawn Lin Tomorrow Holdings, the most secretive conglomerate in China’s capital markets, is facing dismantlement…
EditorT
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CHINA
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By By Naveen Athrappully The People’s Bank of China (PBOC) surprised markets by cutting a key interest rate for the second time in 2022 as the country’s economy struggles to grow. The central…
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By Kane Zhang The recent surge of Omicron infections in Xinjiang and Tibet since the beginning of August has prompted Chinese authorities to impose “zero-COVID” policies on several major cities in…
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By Nicole Hao The county of Dancheng in China’s central Henan province stopped its bus service on Aug. 12 after its drivers went without pay for several months. Local authorities forced…
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By Alex Wu China has put several more of its cities and tens of millions of residents under new lockdowns, including the world’s largest wholesale hub and port cities. Many travelers…
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By Jack Phillips A group of five U.S. lawmakers arrived in Taiwan on Aug. 14, about two weeks after House Speaker Nancy Pelosi (D-Calif.) visited the self-governing island, according to Taiwanese officials. A Twitter post…
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By Nicole Hao The State Department has debarred four persons for violating the Arms Export Control Act on Aug. 10. They were found guilty of unlawfully trafficking weapons with China. Ye Sang…
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By Reuters HONG KONG—Hong Kong’s economy contracted 1.3 percent in the second quarter from the same period a year earlier, government data showed on Friday, following a weak performance in external trade during…
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By Reuters PARIS—The European Space Agency (ESA) has begun preliminary technical discussions with Elon Musk’s SpaceX that could lead to the temporary use of its launchers after the Ukraine conflict blocked Western access…
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CHINA
CCP Military Expert Brags Chinese Military Drills Forced US Navy to ‘Back Away’ From Taiwan
by EditorTBy Sophia Lam On Aug. 5, the Chinese communist regime’s state-run central television (CCTV) boasted that the Chinese military exercises targeting Taiwan forced the USS Ronald Reagan Carrier Strike Group to…