Chinese Billionaire (CCP) Second Largest “Owner” of US Land – Almost 200K Acres Oregon

Chinese billionaire Chen Tianqiao, an alleged CCP member, reportedly owns 198,000 acres of Oregon timberland, the Daily Mail reports.  According to the outlet, the $85 million purchase makes Tianqiao the second-largest foreign owner of American land. “The sale went through in 2015, but only became widespread knowledge on Monday after Oregon tax …

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Chinese Outbound Tourism Recovery Falls Short: A Staggering Reality for Global Travel and Economies

Staggering how abysmal the Chinese Outbound Tourism Recovery has been this far. Take Thailand International Visitor Arrivals for instance, and looking at the top 5 countries from where tourists flock to Thailand: – China is still 70% below 2019 levels– While Malaysia is up 3%… pic.twitter.com/4Uys596tB8 — Smartkarma (@smartkarma) January …

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Chinese GDP Growth Mirage: Debt-Fueled Construction of Ghost Cities Fails to Translate into Corporate Profits…

Anybody surprised that „GDP growth“ based on debt fueled construction of ghost cities, idle airports and vacant skyscrapers doesn’t translate into corporate profits? — Michael A. Arouet (@MichaelAArouet) January 1, 2024 The End Phase of High Levels of Chinese Growth. In the 1980s until about 2000, China led the world …

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Chinese Spy Balloon… Used U.S. Internet Provider for Communication with Burst Transmissions, Reveals Assessment

by Ed Driscoll Chinese spy balloon linked to U.S. company used for communication, potentially sending burst transmissions. Biden admin sought secretive court order. THE CALLS ARE COMING FROM INSIDE THE HOUSE! Report: Chinese Spy Balloon Used U.S. Internet Provider. The balloon connected to a U.S.-based company, according to the assessment, to send and …

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Chinese Shadow Banking Contagion

by Chris Black Last summer, I wrote a brief article about how China’s property sector is, structurally, a bubble. And as with all bubbles, policymakers are equipped with a toolkit limited to delaying,… Continue reading by subscribing.

German energy policy consequences: Shift away from cheap energy impacts competitiveness, factories close, dependence on Chinese steel rises.

Insane German energy policy has consequences. If you put radical left wing socialists and Green (communist) parties in control of your govt, this is what happens. They shut down all cheap energy and then your factories are no longer competitive and they close. Without cheap… https://t.co/Hcp1I64ufY — Wall Street Mav …

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Chinese Equities Plummet to 5-Year Low Amid Growing Doubts About Decades of Economic Growth

https://twitter.com/WinfieldSmart/status/1736936139418661091 Chinese equities hit 5-year low as doubts grow about decades of stunning growth. Post-COVID recovery disappoints, challenging Beijing to choose between more debt or slower growth in 2024 and beyond. Contrary to expectations, consumers save, foreign investment declines, factories struggle, and property markets face instability, raising concerns about China’s …

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Chinese banks speed up bad loan sales amid economic recovery. NPL-backed securities rise 40%, real estate slump. 30% pay cuts, 5% home price decline wipes trillions.

Chinese banks accelerate bad loan sales amid rising consumer defaults in the post-COVID economic recovery. Record issuance of non-performing loan-backed securities, up 40%. Real estate meltdown hits middle-class wealth, with 30% pay cuts, stock and property losses. Households reassess money priorities, facing the impact of a 5% decline in home …

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Trade War: Chinese state entities in at least 8 provinces are directing employees to use local brands, escalating efforts to promote domestic products over foreign ones.

Multiple 🇨🇳 state firms and government departments across at least 8 provinces — including the prosperous coast — instructed employees in the past month or two to start carrying local brands. That’s a major step-up from around September, when a small number of agencies in… pic.twitter.com/5j3Ngci7aE — Byron Wan (@Byron_Wan) …

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Chinese Largest Group To Rent American Wombs

In July, researchers using data from the Society for Assisted Reproductive Technology Clinic Outcome Reporting System found that Chinese nationals make up the largest percentage of foreign surrogacy contracts in the United States. This report — in the journal Fertility and Sterility, which is published on behalf of the American …

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The crisis in China has caused a lot of borrowers to default. Evergrande started this snowball.

Chinese borrowers default in record numbers as economic crisis deepensMore than 8mn people are blacklisted by authorities after missed payments on mortgages and business loans. Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus… pic.twitter.com/SOXOR3tX01 — floridanow1 (@floridanow1) December 13, 2023 China's Real …

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Young Chinese spurn traditional investments in favor of gold

Reuters (via MSN) Gold buyers in China are getting younger, as a property market downturn, weakening stocks and currency and low bank deposit interest rates have left them with dwindling options to save for rainy days in a sputtering economy. The trend underscores heightening uncertainty about growth prospects in the …

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Why are there Chinese BioLabs in the US, and how is it possible that we didn’t know or, even worse, knew and did nothing?

EXCLUSIVE VIDEO: OMG goes undercover in Fresno to report on Chinese funded Bio Lab Daniel Sepulveda, US Congressional staffer to Jim Costa admits the illegal Chinese biolab poses a grave risk to public health and national security. Asked if his boss, thinks the lab endangered… pic.twitter.com/7XB7V4BsGM — James O'Keefe (@JamesOKeefeIII) …

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Chinese have a workaround for the US government’s newly imposed export rules — modified NVIDIA RTX 4090 cards serve as great AI accelerators

The US government recently imposed export rules preventing chipmakers like NVIDIA from shipping chips to China (including the GeForce RTX 4090), citing AI safety concerns. However, the US government highlighted that the move wasn’t designed to run down China’s economy, further indicating that it was a safety measure to prevent using the chips in …

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A looming crisis threatens Chinese birth rates.

via Nikkei: BEIJING — China is struggling to reverse its declining births, with some estimates expecting drops of more than 10% this year to below 9 million, as young people remain wary of their economic prospects even after the end of the country’s stringent zero-COVID restrictions. “China’s newborns have declined …

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Repo Rates Soar: Chinese Banks Navigate Unprecedented Debt Issuance Amidst PBOC’s Conflicting Signals; Smaller Banks in Distress as Mainstream Narratives Fall Short

The financial landscape is in tumult as repo rates soar, with banks heavily borrowing to address liquidity concerns and a looming specter of potential economic deflation. Adding to the complexity, Chinese banks have entered the scene, issuing an extraordinary volume of short-term debt at penalty rates, coinciding with unusual activities …

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The founder of Chinese property developer Evergrande — who was once Asia’s second-richest person — is no longer a billionaire

Hui Ka Yan, the founder and chairman of embattled Chinese property developer Evergrande, was once Asia’s second-richest person worth $42 billion in 2017. But the tycoon has fallen far from his perch. Hui — who is now under police surveillance — recently lost his billionaire status after his fortune plunged …

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