The CCP curtains its failure to manage the devastating floods in China. 中共掩盖了其在管理中国毁灭性洪水方面的失败


https://twitter.com/That_isChina/status/1689573369262604288?s=20 On August 9, flood victims of Baoding City, Hebei Province went to the government to report their problems and were brutally beaten by the police. 8月9日,河北省保定市水灾灾民到政府反映问题,遭到警察残酷殴打。 https://twitter.com/That_isChina/status/1689539391151386624?s=20

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China’s Outdated And Abandoned EVs Are Piling Up 中国过时的和废弃的电动汽车正在堆积如山


https://jalopnik.com/china-s-outdated-and-abandoned-evs-are-piling-up-1850752078 The cars were likely deserted after the ride-hailing companies that owned them failed, or because they were about to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 property developer Evergrande files for bankruptcy protection in US 中国房地产开发商恒大在美国申请破产保护


The world's most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March. 世界上最负债最多的房地产开发商在2021年违约,并于3月宣布了一项离岸债务重组计划。 — Read on www.cnbc.com/2023/08/18/china-property-developer-evergrande-files-for-bankruptcy-protection-in-us.html

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…