China Economy – GNEWS

Major Chinese State-owned Banks Show Pessimistic Projections

Major Chinese State-owned Banks Show Pessimistic Projections

Follow NFSC News on Gettr | Gnews on GettrTranslated by: MOS Translation Team – Xiequyuan According to a report on March 29, several largest commercial banks in Communist China said that state-owned banks will face multiple high-risk adverse factors this year. China Construction Bank (CCB), the second largest bank of the Communist Party of China, and Bank of China

Unpaid Wages, Layoffs and Bankruptcies Continues in Communist China

Unpaid Wages, Layoffs and Bankruptcies Continues in Communist China

Follow NFSC News on Gettr | Gnews on GettrTranslated by: MOS Gospel Team – Lilian H On March 28th, several media reported that the economy continues to decline in Communist China with defaulted migrant workers’ wages, frequent layoffs by industry giants, and several real estate companies declaring bankruptcy. On March 25th, a social media online post exposed that during

Broadcast|The CCP Incapable of Sustaining Its Politics and Economy

Broadcast|The CCP Incapable of Sustaining Its Politics and Economy

Miles Guo stated that the Chinese Communist Party (CCP) is unable to save itself in terms of its global political influence and its domestic politics and economy.

The CCP Incapable of Sustaining Its Politics and Economy

The CCP Incapable of Sustaining Its Politics and Economy

Translated by: MOS Translation Team – cosmo Miles Guo stated that the Chinese Communist Party (CCP) is unable to save itself in terms of its global political influence and its domestic politics and economy. All across the world, the CCP has slaughtered our compatriots in Hong Kong, committed genocide in Xinjiang, infiltrated the world with

Broadcast|After Huge Fine, Meituan Released its Worst Quarterly Report in Three Years

Broadcast|After Huge Fine, Meituan Released its Worst Quarterly Report in Three Years

According to foreign media news on November 26, since April this year Tencent’s investment in Meituan has been subject to an anti-monopoly investigation by the Chinese market regulator, and ended last month with a fine of 3% of its 2020 revenue, or 3.4 billion yuan.

After Huge Fine, Meituan Released its Worst Quarterly Report in Three Years

After Huge Fine, Meituan Released its Worst Quarterly Report in Three Years

Translated by: MOS Translation Team – Kayla According to foreign media news on November 26, since April this year Tencent’s investment in Meituan has been subject to an anti-monopoly investigation by the Chinese market regulator, and ended last month with a fine of 3% of its 2020 revenue, or 3.4 billion yuan. The quarterly report

Sales Data of Alibaba “Double 11” are Unknown This Year

Sales Data of Alibaba “Double 11” are Unknown This Year

As in previous years, the money flow for Alibaba Tmall Double 11 Shopping Festival remains high, but Alibaba did not release a snapshot of sales in the early hours of the 11th this year

Alipay spins off its loan business. User data will be controlled by state-owned enterprises

Alipay spins off its loan business. User data will be controlled by state-owned enterprises

According to a report from the Financial Times on September 12, CCP requires Alipay to detach its loan business, create an independent application, and transfer relevant user data to a joint venture for management. Once the news came out, it became clear that the rectification measures proposed by the CCP to defer Ant Group listing in April of this year are almost completed.

The U.S. is Launching an Investigation into Chinese Industrial Subsidies, Possibly Leading to New Sanctions

The U.S. is Launching an Investigation into Chinese Industrial Subsidies, Possibly Leading to New Sanctions

For a long time, the Chinese Communist Party government has provided trading subsidies for the strategic industries in China to ensure the competitive strength of the country. The Biden administration claims that the Chinese policy of trading subsidies has skewed the market competition, and plans to launch an investigation on whether to sanction China.

The Local Government Debt is the Financial Nuclear Bomb to the CCP

The Local Government Debt is the Financial Nuclear Bomb to the CCP

The real figure of accumulated local government debt exceeds 107 trillion RMB, approximately 15 trillion USD, e.g. the Bank of Kunlun holds the local government bond up to 400 billion RMB.

Miles’ COVID-19 Vaccine Symposium Starts on August 23 at 8:30 A.M. EST on GTV

Miles’ COVID-19 Vaccine Symposium Starts on August 23 at 8:30 A.M. EST on GTV

GETTR Today @Miles – August 22, 2021

*ST HNA – „König der Verluste“ am A-Aktienmarkt

*ST HNA – „König der Verluste“ am A-Aktienmarkt

Übersetzen：Yiban / Korrektur：Miegongbiejijun Nach Angaben der Securities Times vom 30. April betrug der kombinierte Umsatz der 13 börsennotierten Unternehmen von HNA 442,709 Mrd. Yuan (RMB, siehe unten) und der kombinierte Nettoverlust erreichte 94,773 Mrd. Yuan (die Daten der Unternehmen in Hongkong wurden umgerechnet). Unter ihnen, ST HNA, ST Foundation, ST Daji, Bohai Leasing, HNA Technology,

Huaxi County: A Microcosm Of The Communist China Economy

Huaxi County: A Microcosm Of The Communist China Economy

Translator: Chinadoll Editor: 搬山 Huaxi, the richest rural village community in Communist China, is reportedly 40 billion yuan in debt. It is shocking to hear that Huaxia has run out of money. How come this once rich village with more than 200 private enterprises has went bankrupt? What does this tell us about the overall

Life Inside The Wall

Life Inside The Wall

I clearly felt a sense of despair in the community, and it is like a volcano that is about to erupt, where the hot flow of magma is flowing underneath the mountain body, and about to gush out at any time as the temperature and pressure keep rising. Original article Translator: rosabona Editor: XO酱 Publisher:

12/2/2020 Miles Guo: CCP’s governments at all levels are preparing for the U.S. economic war; economy and banking in CCP China is collapsing

12/2/2020 Miles Guo: CCP’s governments at all levels are preparing for the U.S. economic war; economy and banking in CCP China is collapsing

Miles Guo: Americans and the West still use the same old thinking and logic while they evaluated the CCP’s intelligence, and they didn’t realize it’s already Meng (Jianzhu), Wang (Qishan) and Xi (Jinping)’s time; Meng Jianzhu’s illegitimate son Jho Low together with his family control 50% of the Malaysia’s GDP, its military, intelligence, oil and ects.; CCP’s governments at all levels are preparing for the U.S. economic war; economy and banking in CCP China is collapsing