Communist China Prepares for Evergrande’s Collapse
The Chinese Communist government has instructed local governments to "prepare for a potential storm" due to collapse of debt-ridden Evergrande.
Guinean President Condé Collapses, The CCP’s Iron Ore Dream May Be Shattered
On September 5, a military coup occurred in Guinea, and President Condé was detained. Since coming to power on November 7, 2010, Condé has actively embraced the CCP’s "One Belt, One Road" colonial policy and has developed close economic cooperation with the CCP. Guinea has many mineral resources, large reserves, wide distribution, and great potential for mining value. Now, The CCP’s iron ore dream may be shattered.