Inside China Today – Ten thousand businesses in strife as Wenzhou enters economic downturn
Due to a range of influential factors such as escalating raw material costs, and unexpected Renminbi exchange rate trends, the most prosperous city in Zhejiang province, Wenzhou, has entered an economic downturn. Approximately twenty percent of businesses have ceased production, or have reduced production by half. Bookmark It Hide Sites $$(‘div.d1684′).each( function(e) { e.visualEffect(‘slide_up’,{duration:0.5}) });
Breaking News – Dangers lurk in Chinese real estate bubble
The rise of the real estate market in China has caught the Central Government’s attention over the past two years. In late two thousand and seven, the State Council passed a series of legislation to suppress intentional manipulation of the real estate market, which saw a subsequent fall in property prices. The market currently faces [...]
Breaking News – Redundant Guizhou tobacco employees drink poison in protest
On June 30, a group of redundant tobacco employees struggling to live after their factory collapsed have participated in a mass protest after years of appeals falling on deaf ears. The group gathered at a meeting of local officials asking for assistance, but were dispelled with force by officials. 7 of the protestors drank pesticide [...]
Breaking News – Taiwan businessmen complain over limited power in Yangtze River
Taiwan businessmen in Zhejiang Mainland China say that Jiashan will prepare to limit power supplies in July, however, the Taiwan-funded enterprises will increase the cost of production. Bookmark It Hide Sites $$(‘div.d1652′).each( function(e) { e.visualEffect(‘slide_up’,{duration:0.5}) });
Breaking News – Communist system continues to harm the economy
In connection with the recent deterioration of the economy situation in mainland, stock and real estate downturn, many industry analysts believe that this related to the Chinese Communist long-standing macroeconomic regulation, control and government intervention. Bookmark It Hide Sites $$(‘div.d1612′).each( function(e) { e.visualEffect(‘slide_up’,{duration:0.5}) });
Breaking News – News of 300 share traders trashing the Shanghai Stock Exchange blocked by Chinese officials
According to SOH sources, in the afternoon of June 17, over 300 angry share traders in Huangpu, Shanghai trashed computers, monitors and vehicles at the Shanghai Stock Exchange (SSE) after 10 consecutive losses. The situation was controlled by military police but reports of the incident have been taken off most websites. Bookmark It Hide Sites [...]
Breaking News – Victims from Wenchuan County, urgently need to be resettled elsewhere
The victims from Wenchuan County (the Sichuan hardest hit disaster area) recently asked the Government for emergency help to resettle them elsewhere, within the request they had referred that the county has no conditions for living, the vast majority of housing are uninhabitable and the mud-rock flows, threaten hill landslides. All facilities were also devastatingly [...]
Breaking News – Communist authorities withhold severity of the disaster and rural areas are left out of rescue and relief actions
According to local residents in Mianyang (a Sichuan earthquake stricken area) up to now some areas have received no relief. The authorities deliberately conceal the casualties of the disaster from the outside world and survivors from the mountainous regions claim their houses are all caved-in, and they have to rely on self-rescue and relief. Virtually [...]
Breaking News – Chinese Communists’ large-scale nuclear base exposed
The Chinese communists’s large-scale 58 medium-range nuclear missile base with a range of up to Russia and India in the northern part of Qinghai Province was recently discovered by an American researcher. His discovery provides the first public glimpse into the CCP operation of mobile ballistic missiles. Bookmark It Hide Sites $$(‘div.d1596′).each( function(e) { e.visualEffect(‘slide_up’,{duration:0.5}) [...]
Breaking News – No account of earthquake responsibilities by CCP
Recently, more than ten thousand mainland Chinese people have petitioned to interrogate the Chinese Communist regime’s responsibilities for deaths in the recent Sichuan earthquake. Petitioners expressed that the reason for compiling the ten thousand signature petition to the government, at the face of the national catastrophe, is that under the Chinese Communist Party (CCP) the [...]
