China's economy is currently ensnared in a situation leading towards structural decline. The Communist Party has concentrated its efforts on manipulating superficial data, which may still give the illusion of positive growth, but the reality is starkly different. Domestic demand is contracting, the real estate sector continues to deteriorate, and public confidence is waning, creating a vicious cycle of pressure....
Chinese businesswoman Huang Le has utilised her connection with NVIDIA CEO Huang Renxun to assist affiliated companies in acquiring high-end chips. Since 2023, Huang Le's business network has facilitated transactions involving NVIDIA chips worth at least $7.5 billion, encompassing around 240,000 H100, H200, and A100 chips....
The Communist Party has recently initiated financial inspections at various local temples and Taoist temples, focusing on financial transactions, donation records, and account management. Numerous reports from mainland media indicate that over 30,000 temples and more than 9,000 Taoist temples have begun a comprehensive financial audit simultaneously....
