Xi’s China has become too risky for foreign businesses 习近平领导下的中国对于外国企业来说风险太大


https://thehill.com/opinion/finance/4156670-the-risks-of-chinas-uncertain-economy-arent-worth-the-rewards-of-its-business/ Recent moves, such as aggressive police raids against foreign businesses and the withholding of basic economic data are akin to putting up a “Do Not Enter” sign.  The harder the Chinese Communist Party clamps…

China’s Outdated And Abandoned EVs Are Piling Up 中国过时的和废弃的电动汽车正在堆积如山


https://jalopnik.com/china-s-outdated-and-abandoned-evs-are-piling-up-1850752078 The cars were likely deserted after the ride-hailing companies that owned them failed, or because they were about to become obsolete as automakers rolled out EV after EV with…

China Shadow Bank Crisis Sparks Protest by Angry Investors 中国影子银行危机引发愤怒投资者抗议


https://news.yahoo.com/china-shadow-bank-crisis-sparks-102709635.html Chinese investors protested outside the office of one of the country’s biggest shadow banks, in a rare show of public outrage after the firm skipped payments on dozens of…

China’s dilemma in trying to manage debt crisis 中国应对债务危机的困境


https://www.axios.com/2023/08/16/china-debt-crisis-stimulus-recession-risk That bubble finally seems to be bursting. Economic damage from China's zero-COVID policy, as well as heavy-handed government meddling in the tech sector and other major industries, have driven down growth. China's…

一如既往,中国再次展现了在中国经济泡沫和夸大数字的驱动下,政权与企业之间的黑暗勾结。Why This Company’s Financial Crisis Threatens China’s Economy


为什么这家公司的金融危机会威胁中国经济碧桂园是中国最大的房地产开发商 Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid bills. 中国房地产巨头碧桂园已损失数十亿美元,未付账单已达2000亿美元。 据估计,该公司有能力在中国数百个城市交付近一百万套公寓。 https://www.nytimes.com/2023/08/15/business/country-garden-china-property.html…

Beijing records heaviest rain in 140 years | Floods wreak havoc in China 北京迎来140年来最大降雨 | 洪水给中国造成严重破坏


https://www.youtube.com/live/RAIqI7JxYGY?feature=share Swathes of northern China are submerged in filthy floodwater after days of historic rainfall battered the capital city of Beijing and surrounding areas. Torrents of brown water swept tons…

Car drives off collapsed bridge in China 汽车从中国倒塌的桥梁上驶下


https://youtu.be/PtPWs6Mlryo Dashcam footage obtained by Reuters shows a car plunging off a Shangzhi bridge, which had collapsed due to the rains and floods brought on by the remnants of Typhoon…