Forwarded from China in Focus - NTD
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The pushback against #CriticalRaceTheory continues in the United States. A mom who fled #CommunistChina has a warning for her local school board—and America.
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The #Canadian prime minister is comparing fundamental differences between his country and #CommunistChina after the two sides quarreled at a UN meeting.
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Forwarded from 📡Guardians of Hong Kong
#Economy #CCP
#GeorgeSoros: Xi’s crackdown on private enterprise shows he does not understand the market economy
The following is an article written by George Soros, the chair and founder of #SorosFundManagement and the #OpenSocietyFoundations and was published in Financial Times.
//Xi Jinping, China’s leader, has collided with economic reality. His crackdown on private enterprise has been a significant drag on the economy.
The most vulnerable sector is real estate, particularly housing. China has enjoyed an extended property boom over the past two decades, but that is now coming to an end.
Evergrande, the largest real estate company, is over-indebted and in danger of default. This could cause a crash.
The crackdown by the Chinese government is real. Unnoticed by the financial markets, the Chinese government quietly took a stake and a board seat in TikTok owner ByteDance in April. The move gives Beijing one seat on a three-person board of directors and first-hand access to the inner workings of a company that has one of the world’s largest troves of personal data. The market is more aware that the Chinese government is taking influential stakes in Alibaba and its subsidiaries.
Xi does not understand how markets operate. As a consequence, the sell-off was allowed to go too far. It began to hurt China’s objectives in the world. Recognising this, Chinese financial authorities have gone out of their way to reassure foreign investors and markets have responded with a powerful rally. But that is a deception.
Xi regards all Chinese companies as instruments of a one-party state. Investors buying into the rally are facing a rude awakening. That includes not only those investors who are conscious of what they are doing, but also a much larger number of people who have exposure via pension funds and other retirement savings...//
Read the full article:
https://www.ft.com/content/ecf7de34-e595-4814-9cbd-4a5119187330
Source: Financial Times #Aug30
#Crackdown #PropertyMarket #CommunistChina #Birthrate #Tiktok #Alibaba #Evergrande
#GeorgeSoros: Xi’s crackdown on private enterprise shows he does not understand the market economy
The following is an article written by George Soros, the chair and founder of #SorosFundManagement and the #OpenSocietyFoundations and was published in Financial Times.
//Xi Jinping, China’s leader, has collided with economic reality. His crackdown on private enterprise has been a significant drag on the economy.
The most vulnerable sector is real estate, particularly housing. China has enjoyed an extended property boom over the past two decades, but that is now coming to an end.
Evergrande, the largest real estate company, is over-indebted and in danger of default. This could cause a crash.
The crackdown by the Chinese government is real. Unnoticed by the financial markets, the Chinese government quietly took a stake and a board seat in TikTok owner ByteDance in April. The move gives Beijing one seat on a three-person board of directors and first-hand access to the inner workings of a company that has one of the world’s largest troves of personal data. The market is more aware that the Chinese government is taking influential stakes in Alibaba and its subsidiaries.
Xi does not understand how markets operate. As a consequence, the sell-off was allowed to go too far. It began to hurt China’s objectives in the world. Recognising this, Chinese financial authorities have gone out of their way to reassure foreign investors and markets have responded with a powerful rally. But that is a deception.
Xi regards all Chinese companies as instruments of a one-party state. Investors buying into the rally are facing a rude awakening. That includes not only those investors who are conscious of what they are doing, but also a much larger number of people who have exposure via pension funds and other retirement savings...//
Read the full article:
https://www.ft.com/content/ecf7de34-e595-4814-9cbd-4a5119187330
Source: Financial Times #Aug30
#Crackdown #PropertyMarket #CommunistChina #Birthrate #Tiktok #Alibaba #Evergrande
Ft
George Soros: Investors in Xi’s China face a rude awakening
The leader’s crackdown on private enterprise shows he does not understand the market economy
Forwarded from China in Focus - NTD
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A new #SecurityDeal forms between the United States, the UK, and Australia, seemingly to counter #CommunistChina. Under it, Australia acquires nuclear-powered submarines.
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Forwarded from China in Focus - NTD
#CommunistChina is taking a massive toll on the #Environment—on land, in the air, and under water. In 2019, Beijing emitted more #GreenhouseGases than the entire developed world combined.
In this special report, we take a look at the magnitude in which China is harming planet Earth. And what can be done to stop it.
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In this special report, we take a look at the magnitude in which China is harming planet Earth. And what can be done to stop it.
⭕️ Watch the special report on @EpochTV👉https://ept.ms/ChinaHarmsEarth5
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www.theepochtimes.com
Examining Beijing's Role in Environmental Damages
Deforestation, air pollution, and overfishing are just a few issues at the forefront of many environmental concerns. As ...
Forwarded from China in Focus - NTD
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#NATO Secretary General Jens Stoltenberg says NATO is focusing on "vulnerabilities related to supply lines ... and also the importance of strengthening [its] resilience more in general," and that an important part of its plans will include countering threats from #CommunistChina.
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A China expert says the country's #HypersonicMissile test is a game-changer. But while he says it's not enough to awaken the United States to the threat of #CommunistChina, alert Americans will never give up.
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#Australia has set an example in fighting against #CommunistChina. And the European Union is planning to learn from it.
🔶 Watch the full episode👉https://youtu.be/yoaIoh08nrI
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#Australia has set an example in fighting against #CommunistChina. And the European Union is planning to learn from it.
🔶 Watch the full episode👉https://youtu.be/yoaIoh08nrI
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Taiwan just got a major #FighterJet upgrade, with help from the United States. This is vital for Taiwan to protect itself in the face of continuing threats from #CommunistChina.
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🔶Watch the full episode👉https://youtu.be/Cw2Zi7FOeh8
Forwarded from The Epoch Times
A Soviet Scam in the 1980s Left New Zealand Vulnerable to #CommunistChina Today
🔥CounterPunch👉 https://youtu.be/tGLHC9d4gX4
🔥CounterPunch👉 https://youtu.be/tGLHC9d4gX4
YouTube
A Soviet Scam in the 1980s Left New Zealand Vulnerable to Communist China Today|CLIP|CounterPunch
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In the 1980s, the Soviet Union tricked New Zealand into abandoning its military alliance with the United States…
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In the 1980s, the Soviet Union tricked New Zealand into abandoning its military alliance with the United States…
Forwarded from China in Focus - NTD
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At the International Institute for Strategic Studies, Richard Moore, the chief of Britain's Secret Intelligence Service, talked about "adapting to the changing nature of the threats faced by modern intelligence agencies," with a focus on #CommunistChina.
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For the first time ever, over half of all #Americans agree that one regime is the top threat for the United States: #CommunistChina—not Russia, nor any other country. That's a dramatic change in U.S. public opinion since 2018.
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#Florida Gov. Ron Desantis is moving to take back control of the state's massive pension fund from the hands of private asset managers who invest the money heavily in #CommunistChina.
🔶Watch the full episode👉https://youtu.be/wFbYvIgWkmM
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