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The former securities regulator’s downfall reflects Xi Jinping’s drive to tighten control over China’s financial sector and dismantle rival networks.
Despite weakening credit demand, Beijing continues to pressure state-owned banks to increase lending.
Officers are reluctant to sign directives and orders because of fear caused by Xi’s purges as many positions are left vacant, according to sources.
A resident said people and vehicles were swept into rivers as extreme rainfall flooded homes, shops, roads, and farmland across Guangdong.
An expert told The Epoch Times that the language appeared to describe a situation that is ’more serious than the “sporadic outbreak.”’
Scholars say China’s low rural pension payments leave millions struggling in retirement, exposing a widening gap between rural and urban residents.
Leaked documents and a graduate’s account allege Xinjiang Agricultural University sent students to factories while shifting workplace risks onto them.
The China-founded retailer disclosed mounting legal and regulatory pressure as it pursued a Hong Kong IPO after stalled U.S. and London plans.
New rules tax offshore trusts at multiple stages and require some holders to disclose previously unpaid taxes within 90 days.
Chinese AI developers say internet censorship and political controls block access to overseas models and research despite Xi’s calls for AI openness.
Residents sued, raised money, and won local offices as Illinois paid the China-linked battery company $165 million.
Chinese made routers can identify connected devices and track certain access records, according to a Chinese technician.
His remarks come days after Chinese state media published a video that Manila said contained racist and dehumanizing portrayals of Filipinos.
Analysts say the probe reflects Xi Jinping’s growing emphasis on political loyalty over market expertise as Beijing reshapes its economic leadership.
A resident displaced by reservoir failures said people remain without permanent housing as farmland, homes, and livelihoods lie in ruins.
Beijing uses infiltration, subsidized trips, and digital influence campaigns to weaken Taiwan people’s trust in the U.S. and shape voting behavior: officials.
The Chinese regime is accused of launching three aggressive maritime incidents against the Philippines in the disputed waterway within a week in July.
Xi associate becomes the latest senior financial official targeted in Beijing’s anti-corruption campaign.
‘If you go abroad for a transplant to China, someone may be killed for their organs,’ human rights lawyer David Matas said.
