Day: July 29, 2022

Nancy Pelosi suggests she might travel to Taiwan and China rages. Bill Gates is a smart guy, but he is really stupid when it comes to China. He’s paying tens of thousands of dollars to fund Chinese science in the name of “pandemic preparedness,” all while China is laughing at how it spread Covid to the world and got away with it almost scot-free. House Speaker Nancy Pelosi plans to visit Taiwan, which is predictably “angering China.” The CCP is targeting the Fed by trying to build up a network of spies insi

The debt crisis in China’s real estate industry has not only spawned a large number of unfinished buildings or rotten tail buildings as they’re called in China, but the crisis has also affected its upstream steel industry. People may have two general impressions of China’s steel industry. First is its size. It’s the world’s largest, scale-wise; second is its overcapacity. The latter is a headache for the world, as China floods the market with cheap steel it has shut down steel mills in other countries and

China’s Q2 GDP growth slows sharply to 0.4%; its GDP growth is only 2.5% in the first half of this year. The world’s 2nd largest economy is about to collapse! Systemic and structural problems in China’s economy are emerging, while its zero COVID policy have accelerated the deterioration of the economy even more. China’s National Bureau of Statistics (NBS) released data on July 15 that showed a preliminary estimate of gross domestic product (GDP) of 56.264 trillion yuan in the first half of the year, up 2.5%

US president Joe Biden held a telephonic conversation with his Chinese counterpart Xi Jinping during the two-hour long phone call. China has threatened US over Taiwan.