Author: Yong Ying

A banking crisis is brewing in China. While angry protestors have taken to the streets in large numbers, the Chinese government has rolled out tanks to scare them off. Does it remind you of a similar situation some years back in China. Well, for many, the visuals are similar to that of the Tiananmen Square massacre. But what is the Henan bank crisis which is wreaking havoc in China?

” 34.7 billion RMB, or about $5.14 billion US dollars” The waves of people halting payments on mortgages for unfinished buildings have spread to 25 provinces in China. As of July 16th, the number of developments that have been issued a “notice of being forced to stop mortgage payments by all homeowners” has expanded to 25 provinces and 286 residential projects across China. The China Banking Regulatory Commission responded by working with the construction sector and the Communist Party’s central bank to

Mike Baker joined ‘Kennedy’ to discuss former Secretary of State Henry Kissinger’s warning to President Biden about confronting China. #foxbusiness #kennedy

U.S. President Joe Biden plans to speak with his Chinese counterpart, Xi Jinping, by the end of the month at a moment of simmering tensions between the countries over Taiwan and trade.

Didi Global Inc. shares rose in the US session after Chinese regulators slapped it with a $1.2 billion fine after wrapping a year-long probe. The decision removes some uncertainty hanging over the ride-hailer and may be a sign that the worst is over for China’s tech sector. Catherine Ngai reports on Bloomberg Television.

In China, the country’s rich population is considering the unthinkable, they want to leave the country but why? Well, China’s zero Covid policy has scarred them, here’s our report. #China #ZeroCovidPolicy #WorldNews

CIA Director William Burns sits down with NBC’s Andrea Mitchell for a wide ranging conversation at the Aspen Security Forum. The CIA Director gives his assessment of China’s aspirations to control Taiwan following Russia’s invasion of Ukraine. “I wouldn’t underestimate, you know, President Xi’s determination to assert China’s control, the People’s Republic of China’s control, over Taiwan,” says Burns. “If there’s one lesson I think they may be drawing from Putin’s experience in Ukraine is you don’t achieve

Builders from the China State Construction Engineering Corporation are nearing completion of what will be the tallest building in Africa – the 78-storey Iconic Tower in Egypt’s yet to be named new capital. The skyscraper is part of a US$3 billion investment deal by China to build the central business district of a new “smart city”, which will eventually house 6.5 million people in Egypt’s new capital. It is the largest development project under China’s global infrastructure development strategy, the Belt an

CNBC’s Shep Smith reports on China issuing a warning to the U.S. over a potential trip to Taiwan by House Speaker Nancy Pelosi and other U.S. lawmaker

Gatestone Institute Senior fellow Gordon Chang weighs in on the Senate’s vote to move forward on the computer chip bill to compete with China on ‘Mornings with Maria.’ #foxbusiness

ui Shan, chief China economist at The Goldman Sachs Group Inc., discusses China’s property market, the labor market and the country’s growth target.

In China, the government is grappling with a property crisis that risks engulfing the country’s banks and middle-class homeowners. Enda Curran reports on Bloomberg Television.

Tenness

China said that the United States is playing with fire and will bear consequences of Pelosi’s visit. This comes after Washington approved military assistance worth $108 million to Taiwan.

Chinese organized crime is working with Mexican drug cartels to smuggle drugs into the US, and they’re reaping big profits in the process. President Trump got Xi Jinping to promise to crack down on illicit drug makers in China, and China did supposedly introduce the death penalty as punishment for drug making. But over time it became clear that the CCP wasn’t really interested in cracking down on the industry. In this episode of China Uncensored, we look at why the CCP supports China’s drug trade to the US,

This is a special episode on a piece of shocking news exposed by Yuan Hongbing, a Chinese dissident and former law professor at Peking University. According to him, former Japanese Prime Minister Abe’s assassination was conducted by the CCP’s secret member in Japan via the “special task program” initiated by the CCP’s International Liaison Department headed by Xi Jinping’s henchman Liu Jianchao. Liu has also produced a mass assassination list with 52 Taiwanese people’s names on it, including Vice Presiden

China is buying up American farmland around the world, and it could pose a threat US national security. In this episode of China Uncensored, we look at how much farmland China has bought in the US, why that number could be grossly under-reported, and why this presents a danger to the US and other countries China is buying farmland in.

The uproar over the disappearance of about 6 billion USD worth of deposits of more than 400,000 depositors in several village banks in Henan has lasted for more than two months, and depositors are still unable to take out their deposits. Thousands of Henan village bank victims from all over the country gathered in front of the People’s Bank of China in Zhengzhou, Henan, in the early hours of July 10 to protest. On July 11, in view of the pressure from various parties, the Henan Banking and Insurance Regulat

As of July 14, 2022, the number of real estate projects on which mortgage loan payments are stopped has increased to 180, including first-tier cities, and the potential value may reach $108 billion US. Since 2022, the problem of halted construction and uncompleted buildings has worsened across China. Many victims are trying to figure out what to do. Some of them have taken the step to unite and stop repaying their loans en masse. A vice president of a branch of a joint-stock bank said in an interview with

The Chinese Communist Party is recruiting college students as translators to help with its spying operations. However it’s not telling the students their job involves espionage. In this episode of China Uncensored, we look at why the state is doing that, how the CCP uses front companies to carry out its dirty work, and what the repercussions could be for students who get hired by one of these front companies.

Hundreds of thousands of people in China have lost access to their bank accounts, and it’s been going on since May. But when these penniless depositors tried to protest, they were crushed by police. After spewing vitriol about Japan for so many years, it shouldn’t be a surprise that China is now celebrating the death of pro-Taiwan MP and former Japanese Prime Minister Shinzo Abe. Biden may soon lift tariffs on Chinese goods coming into the US due to inflation. Watch this episode of China Uncensored for th

President Joe Biden pays the Middle East a visit. But there’s controversy surrounding his trip, which comes as Beijing works to boost its influence in the region. A successful hypersonic missile test was conducted off California’s coast, with more sophisticated testing coming later this year, as the United States and China race to develop the weapons systems. The secretary of defense meets his Australian counterpart. Both are stressing the need for “rules-based order” in the Pacific. Beijing is still neg

In China, a major financial crisis is unfolding. Chinese citizens in 86 cities are boycotting mortgage payments towards their homes. Chinese censors are erasing documents about this boycott. Palki Sharma tells you why.

It’s becoming less safe to deposit cash in China’s banks. The entire banking system, including the big four state-owned banks, are now restricting withdrawals or online transactions. China is likely to have a massive bank run which will collapse the banking and monetary system, thus further devastating the Chinese economy. This is Dandong, a city in Liaoning province, a major heavy industry province in northeast China, where people have been waiting in long lines at banks almost every day recently, hoping

Xi Van Fleet, a survivor of Mao’s revolution, on police beating crowds protesting China lockdowns.

Dewardric McNeal, Longview Global Managing Director & Senior Policy Analyst, joins ‘Fast Money’ to discuss why gaming stocks may struggle in the coming weeks, what the zero Covid policy in China means for those companies and more

Former DFAT Australia China Council scholar Andrew Phelan says China is attempting a “divide and conquer” strategy as it increases its presence in the Pacific region. Mr Phelan said China is “not going away” as it signs a security agreement with the Solomon Islands and strengthens its relationship with Kiribati.

On Sunday, over 1,000 protesters faced the wrath of the Chinese state. Unidentified security personnel broke up their protest violently. The protesters are victims of what could be one of the biggest financial scandals in China. Palki Sharma tells you more.

The U.S. strategy of applying pressure on China has not worked, and the Biden administration is now trying to do something different by holding meetings with their Chinese counterparts, says Kishore Mahbubani, a distinguished fellow at the National University of Singapore’s Asia Research Institute.

Chinese authorities violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their life savings back from banks that have run into a deepening cash crisis. CNN’s Steven Jiang reports.

Hundreds of people gathered in protest at the Zhengzhou branch of the People’s Bank of China after having their funds frozen since April 2022 (warning: distressing)

A large group of angry demonstrators faced off with the police and the staff on Sunday in the city of Zhengzhou. The protest is against the financial scandal that has now grabbed the attention of the entire nation. #China #Protests #WorldNews

Pakistan and China are staging joint naval drills off the Shanghai coast. What is Pakistan’s role in China’s Indo-Pacific military policy? How must India see the growing China-Pakistan military cooperation? Palki Sharma tells you.

China’s police were hacked, causing the data of one billion people to be put up for sale. Altho saying it was “hacked” is generous because the data was left pretty much unprotected. Did Xi Jinping get Covid? That’s what many are wondering after his first trip outside mainland China in almost 2.5 years. And when you cave to China, whether it be about climate change, cardinals or tariffs, they really respect you a lot and are grateful for everything you’ve given them! (NOT) His Female Bodyguards Couldn’t Hel