As the trade war between China and the U.S. heats up, Beijing has started spreading propaganda against the United States. State broadcaster CCTV has removed all Hollywood movies from its schedule and is instead showcasing anti-American war movies. Movie propaganda One of the movies being repeatedly shown by CCTV-6 is Battle of Shangganling Mountain. Produced ...
An important part of Beijing’s “Made In China 2025” plan is dominating the automobile sector. Despite being a global manufacturing hub, China has failed to produce a single car brand that is popular worldwide. This is largely because Chinese cars seem to suffer from some serious quality issues that make consumers wary. Cars made in ...
When you think of things to celebrate in May, it’s likely that Mother’s Day and Memorial Day spring to mind. But there’s another event, celebrated annually in May, that recently drew close to 10,000 people to New York from around the world: World Falun Dafa Day. The Chinese spiritual discipline Falun Gong, also known as Falun ...
The Chinese yuan is currently trading just below the psychologically important level of 7 against the U.S. dollar. It peaked at 6.92 per dollar in May and has been largely kept below that level by the efforts of the People’s Bank of China (PBOC). Falling yuan The PBOC has been using its usual methods to ...
In the wake of the 2008 financial crisis, the U.S. Federal Reserve embarked on a never-before-seen quantitative easing (QE) program that pumped billions of dollars into the American economy. While this had a positive effect on the markets early on, some experts feel that we might now have to suffer the negative consequences of such ...
After recent talks between the U.S. and China failed to offer any sort of end to the ongoing trade war, market experts are worried that the conflict might last longer than expected. Post the talks, America increased tariffs on US$200 billion worth of Chinese imports to 25 percent. Meanwhile, China has announced that it would increase ...
The Tiananmen Square Massacre of 1989 is one of the bloodiest assaults on a student movement. Hundreds of unarmed civilians were brutally attacked by the People’s Liberation Army (PLA) when the protestors asked for their nation to be a democracy. The Chinese Communist Party (CCP) has censored the topic to such an extent that not ...
New satellite images of the Jiangnan shipyard in Shanghai have revealed that China may be constructing its third aircraft carrier. If true, this might well be the first full-sized carrier of the Chinese military and is expected to weigh around 85,000 tons once completed. The images were taken by ChinaPower, a unit of the Center ...
U.S. Secretary of State Mike Pompeo has asked the UK government to give priority to the interests of the nation and its allies when dealing with Huawei. He warned that allowing the company to build Britain’s 5G network could compromise the country’s telecommunication network and affect intelligence sharing with the United States. The warning “Why ...
One of the most influential schools of thought in Chinese culture has been Huang-Lao, which literally translates as “Yellow Emperor Old Master.” The ideology was very popular during the early Han period of the 2nd century B.C. Huang-Lao Huang-Lao is derived from multiple philosophies that blend together to create a practical framework on how to live ...
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