Floods have affected over 54 million people in China and caused damage to the tune of US$20 billion. Rather than comforting the citizens in their worst times, the authorities seem to have decided that silence is the best way to deal with the flood victims. This could easily be categorized as one of the worst ...
On July 14, Changsha on the Palm under the Changsha Evening News reported that China Judgments Online recently published the verdict of Guan Chengshan, a controller at the Shandong Shengong Haite Electronic Technology Co. Ltd. on bribery charges. Guang received a 3.5-year sentence with a 2-year suspension. Guan’s conviction was in relation to paying US$480,000 ...
In China, rubber stamps (also known as chops) are very important for business transactions. The rubber stamp represents the identity and legal evidence of the company’s decisions. Despite advancing technologically, the importance of rubber stamps in business communication has remained strong. There have also been numerous instances of the misuse of rubber stamps. Chinese companies ...
China is receiving the second-highest rainfall in over five decades and the results have been devastating. Large areas around the Yangtze basin and its tributaries have borne the brunt of the floods. The Three Gorges Dam was constructed in 2006 to control floods and has proven to be ineffective. And some are apprehensive about whether ...
China is the worst polluter in the world. Given its huge population and export industry, this shouldn’t come as a surprise. According to estimates, almost 30 percent of global air pollution is accounted for by China. In fact, just five Chinese provinces combined emit more carbon dioxide than any single country in the world! Such ...
China has been using its economic might to bully or coerce many countries in Asia, Africa, and South America to accept its demands and side with its ideologies. When a conflict between China and Australia arose, Beijing might have calculated that Australia will eventually take a step back since the Asian nation is a major ...
Following the bankruptcy of Lehman Brothers and the Financial Crisis of 2008, the popularity of cryptocurrencies started to surge. Unlike regular state-backed currencies, cryptocurrencies are decentralized in nature, meaning that no one has any absolute control over the production and distribution of such currencies. Soon, Bitcoin emerged to be the leading digital currency in the ...
An 86-page internal report with contributions by former UK Secret Intelligence Service MI6 operatives reveals that China is running a campaign to influence Britain society at its highest levels, including the country’s politicians, institutions, academics, thinkers, and businessmen. Though it was not made public, a few MPs and media outlets were allowed accesses. Influencing politics and ...
Intelligence experts from the UK are warning that the Chinese Communist Party (CCP) is extending its influence into all areas of British society, putting themselves in a position to determine the course of the country by infiltrating British society. This is at a time when the UK has banned Chinese company Huawei from setting up ...
As of April 2020, China held about US$1.07 trillion in U.S. debt, which amounted to almost 15 percent of American bonds, treasuries, and notes held by foreign nations. China is the second-biggest owner of U.S. debt, following Japan in the first place. The increasing conflict between the United States and China is making people wonder ...
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