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China

New U.S. Rules Further Enrage the CCP; Japan Also Tightens Export Controls on Chinese Companies

According to Voice of America, on September 29, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced new rules aimed at preventing blacklisted companies from using subsidiaries to circumvent U.S. sanctions. The U.S. Commerce Department stated that the new rules close loo

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Xi Threatens Again? Japanese Media: Beijing Strengthens Decapitation Operations Against Taiwan Presidential Office

China

The CCP has always combined propaganda with military intimidation against Taiwan, and currently the situation in the Taiwan Strait is becoming increasingly severe. According to an exclusive report by Japan’s Sankei Shimbun, satellite image analysis obtained by the Japan Institute for National Fundamentals indicates that, in preparation for an attack on Taiwan, the CCP has built a “mock Taiwan Presidential Office” at a training site in Inner Mongolia, next to which it has now constructed a mock Judicial Yuan in preparation for decapitation operations against Taiwan. The report further pointed o...

Li Qiang Undermines Dignity with U.S. Appeasement and “Married Couple” Comment

China

During his visit to New York for the United Nations General Assembly, Li Qiang made an incongruous statement, asserting that “China and the U.S. are like a married couple: they may quarrel but ultimately need each other.” The remark was jarring, for no one would seriously equate Sino-U.S. relations with those of a marital partnership....

Hair-on-Fire Urgency: State-Owned Enterprises Rush to Dump Properties, Wails All Around

China

China’s real estate market continues to slump. Housing prices in many first- and second-tier cities have plunged, causing the wealth of many middle-class families to shrink. A 2022 survey on Chinese household asset allocation by Peking University showed that real estate accounted for over 70% of household assets, and in some families over 90%. Asia Financial pointed out in July this year that if housing prices were to fall another 30%, over 90% of China’s middle class would be wiped out. Now, the fire has spread to state-owned enterprises....

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