The Epoch Times

BEIJING—The slump in Chinese industrial firms’ profits deepened in the first two months of 2023, weighed by lackluster demand and stubbornly high costs as China struggled to fully shake the long-term effects of COVID-19. The sharp 22.9 percent contraction followed…

The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are…

America is currently in no position to shake dependency on China and Russia for key minerals needed to manufacture much of the technology powering modern civilization, the chief executive of a global mining company said. The push to rapidly reduce…

The year-on-year decline in Hong Kong’s foreign trade extended into January, recording its biggest monthly decline in 70 years; an expert says it’s evidence that “mainland China is slowly decoupling from the world.” Exports fell 36.7 percent and imports fell…

New Analysis U.S. stocks have made 10 times more gains in the past decade than China’s domestic stocks. In preventing further capital outflow, Beijing banned new investors in mainland China from speculating in foreign exchange markets. Experts suggest the regime…

The Chinese-owned video-sharing app TikTok has been banned in the two biggest policy-making institutions of the European Union over concerns about cybersecurity and promotion of Beijing’s agenda overseas. TikTok, which is owned by Chinese company ByteDance, has been widely criticized…

News Analysis China’s economy is moving into a downward spiral in the medium-to-long term due to demographic headwinds and declining productivity after it slowed down substantially in 2022 with GDP growth reaching its second lowest since 1977. The International Monetary…