Bloomberg in its article on July 18 pointed out that Trump’s offensive trade regulation behavior could possibly spark a Chinese debt crisis due to its credit bubble bursting as an unavoidable side effect of the dollar tightening. According to the general insight, it seems that “the whole Chinese economy is a Ponzi scheme economy.” This ...
A group of U.S. lawmakers have called for a tough global response to the ongoing human rights crisis in China’s far west Xinjiang region. Led by Senator Marco Rubio and Representative Chris Smith, the bipartisan Congressional-Executive Commission asked U.S. Secretary of State Mike Pompeo and Treasury Secretary Steve Mnuchin to sanction Chinese officials and entities ...
When U.S. President Trump initiated his trade war with China, the Communist Party officials in Beijing were confident in meeting the U.S. challenge. Fast forward a few months and many Chinese leaders are now worried about the potentially devastating implications from the trade war. Chinese officials insecure over trade war Beijing’s confidence in its ability ...
Though China has been aggressively pursuing investment opportunities in Southeast Asia, it is seeing an increasing resistance from the countries in the region over its One Belt, One Road initiative. And one of the main concerns of Southeast Asian nations is the terrible reputation that Chinese investments have. The Chinese are known to provide loans ...
U.S. tech companies like Google and Facebook are increasingly courting Beijing in a bid to break into the Chinese market. But the cost of entry requires them to accept censorship and be a partner to grievous human rights violations, actions that will have dire consequences even in the United States. Kneeling before censorship Google pulled ...
Not only is the Keelung Ghost Festival (雞籠中元祭), also known as the Keelung Chung Yuan Festival (基隆中元節), an important festive event for those who live in northern Taiwan’s Keelung City, but it is also the first festival to be designated a part of Taiwan’s intangible cultural heritage by the Taiwanese government and is one of 12 ...
Electrically charged volcanic ash short-circuited the Earth’s atmosphere in 1815, causing global poor weather and Napoleon’s defeat, says new research. Historians know that rainy and muddy conditions helped the Allied army defeat the French Emperor Napoleon Bonaparte at the Battle of Waterloo. The June 1815 event changed the course of European history. Two months prior, ...
In the series Tainted History, Nspirement focuses on stories about the fates of famous Chinese people around 1949, at a time when the Communist Party occupied China after winning the civil war. Before the Republic of China retreated to Taiwan, President Chiang Kai Shek took a tremendous effort to rescue scholars and social elites. We ...
In China, during the Cultural Revolution, much damage was done to both the Chinese people and China’s traditional culture. Temples were looted. Relics, temples, scrolls, and books containing vast amounts of cultural heritage were burned and destroyed under the red gaze of the Cultural Revolution. What many people don’t know is that the Cultural Revolution ...
Zhang Zhixin is known for her brave influence and free will during the time of the Cultural Revolution in China. She became famous for “criticizing the idolization of Mao Zedong and the ultra-left.” Zhang Zhixin was born on December 5, 1930, to a university music teacher family in Tianjin. After graduating from the Renmin University ...
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