Research, editing : Gan Yung Chyan, KUCINTA SETIA
News on CCP, U.S., South Korea
News (1) to (5) / Editor : Wen Hui / https://www.ntdtv.com/gb/2023/08/16/a103767784.html, https://www.ntdtv.com/gb/2023/08/13/a103766295.html
News (1)
Zhongnanhai reveals that death squads conspired for a coup d'état, the people behind the scenes are exposed
Left bellow : Zisu, a retired lecturer at the Yunnan Provincial Party School, Right: Zi Su won the "Oscar for Freedom and Human Rights" in February 2020. (Twitter image synthesis)
The Chinese Communist Party’s “National Anti-Spies” campaign is intensifying. The Ministry of State Security issued a document on15 August 2023 stating that a retired cadre recruited death squads and conspired to “subvert the state power.” The retired cadre was accused of being Zi Su, a retired lecturer at the Yunnan Party School. He was suppressed and sentenced by the authorities for calling on Xi Jinping to step down.
The Ministry of State Security of the Communist Party of China announced on 15 August 2023 that a retired cadre from a school in Yunnan who had long-term "reactionary remarks" contacted overseas organizations in 2016, planned to purchase weapons from abroad, and recruited "death squads" in CCP China to plot "violent subversion". state power", but when the case was in the planning stage, the national security arrested all those involved.
The article claims that for a long time, various hostile forces have been trying to create a "colour revolution" in China, in an attempt to subvert the leadership of the Communist Party of China and the socialist system of the Communist Party of China.
The Ministry of State Security of the Communist Party of China did not explain the specific situation of the retired cadre and how he overthrew the state power but Zhou Fengsuo, the leader of the June 4th student movement and the chairman of the "Humane China" who is currently living overseas, revealed on Twitter that the retired cadre's name is Zi Su, and the actual reason for the arrest was to call for Xi Jinping to step down.
Zhou Fengsuo said, "The CCP hypes up the armed riot case of domestic pro-democracy activist Zi Su, and tries to divert people's attention by making enemies when they are surrounded by enemies. Zi Suyuan is a member of the system, because 8964 took the path of dissent and resistance. The actual reason for his arrest last time was to call for Xi Jinping to step down."
News (2)
Zi Su first arrested in Chengdu in 2019
Zi Su is a retired lecturer at the Party School of the Yunnan Provincial Party Committee. He was arrested by the Chengdu authorities on "suspected of instigating the top" after he called on the Central Committee of the Communist Party of China to implement democratic elections within the party and directly elected the General Secretary of the Communist Party of China. On 15 April 2019, he was charged and sentenced to four years in prison for the crime of inciting subversion of state power.
In February 2020, Zi Su won the "Oscar Freedom and Human Rights Award". The award was initiated by overseas democracy activists to honor those who have made outstanding contributions to the cause of democracy, freedom and human rights in mainland China.
News (3)
Zi Su's case shows the domestic power effect on the CCP
After the Ministry of State Security of the Communist Party of China disclosed the news that the death squads were conspiring to "subvert the state power", it immediately aroused public attention and was pushed to the hot search list on Weibo. A netizen posted, "The United States is a country without freedom! Don't we know which country has no freedom?"
There are also many netizens discussing on Twitter: "Announcing this matter may have a great counterproductive effect. It turns out that an uprising can be made." Not some foreign power, but a domestic power."
News (4)
Replacing Xi Jinping will not solve power struggles in China
There are also netizens who believe that replacing Xi Jinping will not solve the fundamental problem. Twitter user @Elena27785044 said, "In fact, it does not make much sense to ask Xi Jinping to step down and replace Xi Jinping to power. There will be no government leaders who are not elected by the people and not supervised by the people. Essentially, people from all walks of life are aiming for money interests and struggling to survive in the struggle, and this is how the mutual harm mode started.”
News (5)
Anti-espionage activities intensified, CCP China has returned to an absurd era
Since the implementation of the new version of the "Anti-espionage Law" last month, China has intensified public anti-espionage propaganda and called on the whole people to join the fight against espionage and anti-espionage, encouraging the public to report to each other. In response, senior Japanese media person Akio Yata lamented in a post on Facebook: "More than 50 years have passed. China has once again returned to an absurd era."
News (6)
Zhongnanhai is in trouble again, and the explosion of central enterprises caused panic, with a scale of 350 billion
Image : The CCP’s central enterprise Zhongrong Trust was shocked by rumours that the payment of 350 billion RMB of trust products had been suspended, causing a new round of market panic. (VCG/VCG via Getty Images)
When Communist China’s economy fell into a full-blown crisis, the Central Enterprise Zhongrong International Trust (hereinafter referred to as Zhongrong Trust) was shocked. At present, it is rumored that the payment of trust products worth 350 billion yuan has been suspended. , setting off a new round of market panic.
News (7)
At least three listed companies exposed "crisis"
As of the evening of 11 August 2023, at least three Chinese listed companies disclosed that the purchased Zhongrong Trust products failed to recover the principal and income on schedule. Among them, Jinbo shares announced on the 11th that it purchased the trust products of Zhongrong Trust, with a total principal of 60 million RMB and investment income of 4.26 million RMB.
On the same day, Narada Property issued an announcement saying that the 30 million RMB Zhongrong Trust’s trust products it purchased could not be paid in time after maturity, and there was a risk that the principal and interest could not be recovered in full. It is reported that the product period is from 9 February 2023 to 8 August 2023.
A few days ago, the listed company Xianheng International issued an announcement saying that the three trust products it purchased were facing a redemption crisis, and one of the products was the Zhongrong Trust product Zhongrong "Fengying No. 176".
News (8)
Investors panic, self-organized rights protection
The news about the "Suspension of Payment of Zhongrong Trust Products" has recently spread on the mainland's online media, and has been continuously fermented in various WeChat groups, causing a new round of panic among investors. They spontaneously organized a number of rights protection groups.
The Financial Associated Press learned from a number of former investors and some former employees of Zhongrong Fortune that some products of Zhongrong Trust have indeed stopped cashing. A former employee of Zhongrong Wealth said that the scale of products whose payment is currently suspended is about 350 billion RMB, but does not include Zhongrong Trust’s self-operated pipeline products, because the latter “cannot be counted”.
A former employee of Datang Fortune stated that, as far as he knows, the payment of certain financial products related to specific companies issued by the four major wealth companies has been suspended, and the payment of Zhongrong Trust Portfolio Investment Products sold by the four major wealth companies has also been suspended. On the self-operated channel, some portfolio investment products sold by Zhongrong Trust Wealth Center stopped raising and stopped cashing. In addition, there are some cash management plan products, because of the huge redemption clauses involved, the redemption is suspended.
News (9)
Internal record exposure "repaying debt with property"
On 11 August 2023, an investor who purchased Zhongrong Trust products from the channels of the four major wealth companies provided Lu Media with a recording of a person in charge of Zhongrong Trust’s direct sales team.
The content of the recording shows that the person in charge said that the current trust combination products are all in one-to-one correspondence. Find out the sequence of assets and disposal when necessary. Some assets were originally intended to be auctioned, but now they have to be "paid in kind."
According to public information, Zhongrong Trust is a central enterprise, controlled by central enterprise Jingwei Textile Machinery Company, with a shareholding ratio of 37.47%. However, the private Zhongzhi Enterprise Group also holds 32.99% of the shares, which has a great influence on Zhongrong Trust.
The main reason for Zhongrong Trust's thunderstorm is believed to be directly related to the failure of real estate investment. In recent years, the proportion of Zhongrong Trust's real estate business has continued to grow. According to data quoted by "Shenzhen Business Daily", from 2017 to 2020, the proportion of trust assets invested in real estate was 6.61%, 10.99%, 17.65%, and 18%, respectively.
As of the end of June 2022, Zhongrong Trust's existing real estate business scale was 79.3 billion RMB, and some real estate-related projects have been postponed. In particular, China's real estate industry has been suppressed by the authorities in recent years, and the debt crisis is difficult to solve. One of the main reasons for the explosion of financial trust.
News (10) to (18) / Reporter : Luo Tingting / Editor : Wen Hui / https://www.ntdtv.com/gb/2023/08/10/a103764466.html
News (10)
China's economy will return to 30 years ago? Watch the five major crises at once
Image below : China's latest economic data has turned red again, and the outside world estimates that China has fallen into a deflationary crisis. According to expert analysis, China is experiencing an economic plague and is facing five major crises. The picture shows an unfinished real estate in Ningbo, Zhejiang on June 2, 2023. (Hector Retamal/AFP via Getty Images)
[NTD Times, Beijing time, August 10, 2023] China’s latest economic data has turned red again. The outside world estimates that China has fallen into a crisis of deflation, which is similar to the situation of the Great Recession in Japan 30 years ago. According to expert analysis, China is facing an "economic plague" and is facing five major crises.
News (11)
Economic data flashes red light as CCP China slips into deflation
In the past two days, the economic data officially released by the CCP once again disappointed the outside world. On August 8, data released by the General Administration of Customs of the Communist Party of China showed that in US dollars, China's total import and export volume in July was 482.92 billion US dollars, an annual decrease of 13.6%.
Among them, exports fell by 14.5%, a drop of 2.1% more than that in June, lower than the 12.5% expected by the market, and the fastest decline since the outbreak of the epidemic in 2020.
Imports fell 12.4%, a 5.6% decline that was worse than market expectations of 5%.
On August 9, the National Bureau of Statistics of the Communist Party of China released data that the consumer price index (CPI) in July decreased by 0.3% year-on-year, a drop of 0.3 percentage points from June, which is another negative growth since February 2021.
At the same time, the producer price index (PPI) decreased by 4.4% year-on-year, the tenth consecutive month of decline, and the first simultaneous decline in China's CPI and PPI since November 2020.
Reuters analysis said that these data mean that China has fallen into deflation.
News (12)
Deflation crisis, China's economy in a vicious circle
Deflation is considered to be a signal of economic recession and lack of confidence. People are afraid to spend money at will, which leads to a decrease in demand. Manufacturers reduce production and lay off workers due to the decline in demand, which worsens the employment situation and increases the unemployment rate. As jobs are harder to find and incomes fall, people are more cautious about spending money and demand continues to fall, creating a thorny vicious circle.
Economists said that the situation of China's economy falling into a vicious circle is similar to the situation of the Great Recession of the Japanese economy in the 1990s, and the overall environmental conditions are very unfavorable.
Koo Chao-ming, Chief Economist of Japan's Nomura General Research Institute, once used the concept of "balance sheet recession" to explain Japan's bubble economy. He believes that the Chinese people are worried about asset prices and economic growth prospects, so they no longer borrow money, and try to reduce debts, similar to Japan's Great Recession 30 years ago.
News (13)
The CCP broke its word and private enterprises lost confidence in the Communist Party
In order to save the economy, the National Development and Reform Commission of the State Council of the Communist Party of China launched "31 Articles for the Private Economy" on July 19, hoping to boost investment confidence in the private economy.
On July 24, the Political Bureau of the CPC Central Committee held another meeting to study economic problems and countermeasures. Xi Jinping personally presided over this "economic emergency meeting."
However, the CCP has been dishonest for a long time, saying one thing and doing another, promoting the policy of advancing the state and retreating from the private sector, and closing the country to the outside world, which has crushed the confidence of private enterprises. The "Tacitus Trap" in political science has emerged, and no one believes what the government does. Private enterprises privately ridiculed the CCP’s words, “Ghosts believe it!”
News (14)
Record-breaking youth unemployment threatens political crisis
China's economic downturn has led to record-breaking youth unemployment. The authorities were at their wits' end, resorting to the Mao Zedong-era routine of "going to the mountains and going to the countryside" to lure college students to go to the countryside to endure hardships, which aroused criticism from the public.
Liu Yuanchun, a Chinese economist and president of Shanghai University of Finance and Economics, and other experts warned in a report that if China's youth unemployment problem is not handled properly, it will cause other social problems outside the economic field, and even trigger political problems.
News (15)
Real estate industry is facing a collapse, the debt crisis is difficult to solve
China's real estate industry is facing a collapse. A senior executive of a Chinese real estate company told the BBC that the debt problem is a serious problem, and many real estate companies do not have the confidence to survive the difficulties. He said, "In the past, it was said that confidence is more important than gold, but now there is no gold, and even less confidence."
Following the explosion of Evergrande Group, Country Garden also fell into a debt crisis. On August 6, it failed to pay the due bond interest, and sales fell sharply, and liquidity problems occurred.
The Wall Street Journal stated that Country Garden's debt explosion represented a new phase of China's real estate crisis.
On 31 July 2023, Crane Real Estate Research released a report showing that the sales of China's top 100 real estate companies in July decreased by 33.5% month-on-month and 33.1% year-on-year, and the cumulative performance decreased by 4.7% year-on-year.
Zheng Xuguang, an economist based in the United States, told NTDTV that if the authorities do not take urgent and major measures, real estate may be about to explode.
News (16)
The central and local governments are heavily indebted and unable to stimulate the economy
The outside world is calling on the Chinese authorities to launch a more aggressive fiscal spending plan to stimulate the economy. However, the huge debts of the CCP, especially local governments, make this proposal difficult to realize.
Current Communist Party officials have signaled a reluctance to undertake large-scale economic stimulus, preferring a "piecemeal" approach to avoid accumulating too much debt.
Moody's Analytics economist Harry Murphy Cruise said in a note to clients that China's economic recovery was moving from a "bad situation" to a "worse situation." For China, 2023 looks more and more like a "lack year".
News (17)
The tide of salary cuts spreads, experts: the CCP has "no way to go"
China's economy is in recession, fiscal revenue has plummeted, and the wave of salary cuts continues to spread. From the central government to the local government, from state-owned enterprises to private enterprises, from civil servants to medical staff, there have been substantial salary cuts.
Caixin.com reported on June 29 that civil servants in Guangdong, Zhejiang, Jiangsu and other provinces had cut salaries and canceled all kinds of self-imposed incentive subsidies.
In Shenzhen and Yantai Development Zone, Shandong, teachers' salaries have been cut by 30%. Teachers in Yantai Development Zone once went on strike collectively and gathered a crowd to protest but they were violently suppressed by the police.
In May, employees of Shanghai Pudong Development Bank went on strike collectively due to dissatisfaction with the salary cut. In June, the hospital system also reported that a wide range of medical staff had been cut wages.
Xie Tian, a professor at the Aiken School of Business at the University of South Carolina in the United States, told Voice of America on 27 July 2023 that in some places in China, wage cuts are no longer an issue, and now wages are simply suspended. "This is a comprehensive, universal problem, very serious."
Xie Tian believes that the CCP is indeed "out of control" now, "the people have no confidence, no confidence in the CCP, and foreign capital has no confidence. In fact, the CCP itself has no confidence."
News (18)
Tang Hao: Five major symptoms in CCP China's "Economic Plague"
Tang Hao, the host of "Crossroads", said that if the confidence of Chinese private consumption and business investment cannot be boosted, it will only fall into a vicious circle of economic recession. So deflation is a more difficult economic disease to deal with than inflation.
He believes that today's Communist China is experiencing a large-scale "economic plague" with five major symptoms:
First, sluggish domestic demand, falling income, and weak consumption;
Second, the lack of high-end technology makes industrial upgrading and transformation difficult;
Third, private enterprises suffer setbacks and lose confidence in investment;
Fourth, housing market recession, local debt expansion, financial risk upgrade;
Fifth, unemployment is serious, people are returning to poverty, and the middle class is disappearing.
He said that these five major diseases are mutually causal and interlocking. First of all, the CCP’s extreme epidemic prevention and wolf-warrior diplomacy have led to business closures, foreign companies fleeing, and technology supply and blockade, leading to an industrial crisis.
Then, there was a crisis in the industry, layoffs, salary cuts or bankruptcy, leading to an unemployment crisis. Unemployment also causes people's income to decrease, people dare not spend, and cannot afford houses or repay loans, which leads to a housing market crisis.
The crisis in the housing market has left business owners short of income and their debts repaid, thus transmitting the pressure of bad debts to financial institutions. Moreover, builders no longer buy land from local governments, resulting in reduced government revenue and unpaid debts, which will eventually be transmitted to financial institutions and finally detonate a systemic financial crisis.
Tang Hao believes that the five major diseases of China's economy, like infectious diseases, continue to spread in the country, resulting in these five major crises, which are completely paralyzing the Chinese economy.
News (19) to (21) / Reporter : Shang Jing / https://www.ntdtv.com/gb/2023/08/16/a103767738.html
News (19)
In the post-epidemic era, more Chinese people "enjoy" going abroad
After the outbreak of the epidemic, the number of Chinese immigrant applications did not decrease but increased. According to statistics from the U.S. Department of Homeland Security, in fiscal year 2022, CCP China is the third largest source of immigrants to the United States, with a total of 68,100 people receiving legal residence permits, second only to Mexico and India.
However, The Paper reported last week that the Shanghai Municipal Public Security Bureau stated that He Mou, the head of one of the largest immigration agencies in Shanghai, "Wailian Go Abroad", was criminally detained on suspicion of illegal business operations.
In the post-covid era, after the rise of the "money" trend in China, there have been more and more discussions about how immigrants transfer money abroad through middlemen or institutions.
News (20)
U.S. cyber officials "severe warning" of China's possible infrastructure attack
A few days ago, Jen Easterly, director of the US Cybersecurity and Infrastructure Agency, said, "I hope that people take seriously a very stern warning that in the event of a conflict in the Taiwan Strait, China (the Chinese Communist Party) has the potential to use its very powerful capability to attack our critical infrastructure."
Easterly's comments echo warnings raised this year about the potential for destructive cyberattacks by China. In May, Microsoft warned that China-linked hackers were targeting critical U.S. infrastructure.
News (21)
Yoon Suk-yoel praises new Japan-South Korea relationship, slams communist hypocrisy
South Korean President Yoon Suk-yeol: "The US-Japan-South Korea summit to be held at Camp David in three days' time will set a new milestone for trilateral cooperation and contribute to peace and prosperity on the Korean Peninsula and the Indo-Pacific region."
He reminded that at present, those "anti-state forces that blindly follow communist totalitarianism, distort, incite and manipulate speech, and disrupt society are still rampant."
The leaders of the U.S., Japan and South Korea are expected to announce expanded military cooperation on ballistic missile defense and technology development, as well as a wide range of joint initiatives, sources said.
News (22)
Xi Jinping has been invisible for half a month, Ding Xuexiang speaks on Xi's behalf, China's economy is fully warning
Reporter : Tang Zheng / Editor : Li Quan / https://www.ntdtv.com/gb/2023/08/16/a103767741.html / Image : Ding Xuexiang, Executive Vice Premier of the State Council of the Communist Party of China. (Lintao Zhang/Getty Images)
A few days ago, Vice Premier Ding Xuexiang of the State Council of the Communist Party of China attended the event and conveyed Xi Jinping's instructions. Since 1 August 2023, Xi Jinping has disappeared for half a month. During this period, various indicators in China show that the Chinese economy has declined across the board.
The CCP’s official media Xinhua News Agency reported on 15 August 15 that on the 15th, the mainland’s first National Ecological Day home event was held in the city of Huzhou, Zhejiang Province. Ding Xuexiang attended the opening ceremony of the event, conveyed Xi Jinping's instructions and delivered a speech.
Xi Jinping's last public appearance was on July 31, when he conferred the rank of general on the same day on the newly appointed Rocket Force commander Wang Houbin and Rocket Force political commissar Xu Xisheng. Since then, Xi Jinping has not shown up again.
At present, the domestic and foreign affairs of the CCP are in chaos, and natural and man-made disasters continue. Recently, Qin Gang, a confidant of Xi Jinping and the foreign minister of the Communist Party of China, was dismissed; the high-level personnel of the Rocket Army were purged; Beijing, Tianjin, Hebei and other places were flooded, and people complained; a 5.5-magnitude earthquake in Pingyuan County, Shandong Province was felt in Hebei and Beijing.
The biggest problem facing the CCP today is the domestic economy. Recently, Country Garden, Evergrande, and Sino-Ocean Group have exploded one after another. China's real estate crisis is accelerating. Trust companies closely related to real estate, Zhongzhixi and Zhongrong Trust, have also declared that they are unable to continue their turnover, involving hundreds of billions of RMB in funds.
On 15 August 2023, the CCP released a series of economic data for July. The retail sales of consumer goods, industrial output, and investment growth were all lower than expected, which shows that China’s economic growth is facing downward pressure.
As China's youth unemployment rate soared to the highest level in history, on 15 August 2023, Fu Linghui, spokesperson of the National Bureau of Statistics of the Communist Party of China, announced at a press conference that it would suspend the publication of relevant data from this month.
This policy immediately aroused the attention of global public opinion. According to the "Wall Street Journal" report, in the context of the continuous decline in China's economic conditions, investors, economists and companies have missed another key data about China's economy.
The unexpected move is a continuation of measures the CCP has already taken to limit access to various data on the domestic economy and business conditions, the report said.
According to the report, the data for July highlighted the difficulty of finding a growth engine for the economy as the country grapples with emerging economic difficulties at home and abroad.
Meanwhile, China's central bank unexpectedly cut a series of key interest rates. The emergency move by the central bank is aimed at reviving growth after the latest data showed China's economy sank deeper into trouble in July.
The report mentioned that US companies in industries such as chemicals and heavy machinery have warned that sales in China have been disappointing, and the prospects for this long-large and reliable market are bleak.
Current affairs commentator Qin Peng said in the "Qin Peng Observation" program on the 16th that the latest data from the Bureau of Statistics shows that the decline in China's consumption, investment, and import and export has exceeded expectations, and it indicates that the rest of the year will The month is also bad.
Qin Peng said that the authorities are still pretending to be ostriches and stuffing their heads in the sand, and they don't want to release relevant data at all. You can also imagine what a terrible number the real unemployment rate in China is.
Liu Yuanchun, a Chinese economist and president of Shanghai University of Finance and Economics, and other experts warned in a report that if China's youth unemployment problem is not handled properly, it will cause other social problems outside the economic field, and even trigger political problems.
The British "Financial Times" recently reported that this year's Beidaihe meeting is the first since Xi Jinping became the leader of the Communist Party of China for an unprecedented third time in October last year, but the meeting may be clouded by economic recession and intensified hostilities with the West .
The report quoted Victor Shih, a professor of Chinese political economy at the University of California, San Diego, as saying that although Xi Jinping's government is "desperately trying to revive the economy," the CCP leaders who gathered in Beidaihe were forced to put party-state interests ahead of economic growth. on the limit.
Wang Dan, the leader of the June 4th pro-democracy movement, believes that the Xi Jinping regime appears to be stable in power, but in fact it is in danger. He told the Voice of America that economic, domestic and foreign issues should all be discussed in Beidaihe, but it is not clear that the authorities have any better tactics to resolve the crisis.
News (23)
Pretending not to hear and know, the CCP no longer announces the youth unemployment rate
Reporter : Lin Yi / https://www.ntdtv.com/gb/2023/08/16/a103767629.html
After CCP China’s youth unemployment rate continued to rise for several months, on 15 August 2023, the CCP authorities suddenly announced that they would suspend the release of this data, making the outside world even more worried about the real situation of China’s economy.
On 15 August, the National Bureau of Statistics of the Communist Party of China suddenly announced that it would suspend the release of the unemployment rate for young people and other age groups starting in August. There are different views in various parts of society, and further research is needed."
Current affairs commentator Yokogawa: "The reasons given by the CCP are not reasons at all. Demographic statistics, unemployment rate statistics, and whether school students are included in the labor force statistics are all very mature methods, not only in Western countries. Even in China, it has been used for at least several decades, and these are standard.”
According to the official data of the CCP, the youth unemployment rate has been rising month by month since January 2023, reaching 21.3% in June, a new high since 2018.
Yokogawa: "Even this 21% is likely to be underestimated. In this case, if the authorities continue to announce the figures, too high will cause social panic, and too low will not match the feelings of ordinary people, and it will even cause social panic. dissatisfied, so it simply did not announce it, and pretended to be stupid.”
Xie Tian, a professor at the Aiken School of Business at the University of South Carolina in the United States: "So it seems that the CCP is afraid to disclose it anymore. Now it basically wants to bury its head in the sand like an ostrich, thinking that this problem does not exist. "
At present, the three horse-drawn carriages of China's economy have stalled one after another, and the real estate, technology and education industries have also been hit hard.
However, the number of college graduates this year has hit a record high, and graduates are therefore facing "the most difficult job hunting season in history."
Yokogawa: "The unemployment of Chinese youth is the epitome of the entire Chinese society, and the contradictions in Chinese society come from the rule of the CCP. The CCP refused to carry out political system reforms in order to protect its own regime, which led to a dead end in the economy."
"Moistening" out of China's "dead end" has become the first choice of many Chinese people after the epidemic, but for many people who cannot "moisten" out, what else can they do?
Xie Tian: "If there is really nothing to do, and if you can't escape this predicament, then you might as well use this time to reflect on your life, think about the meaning of life, and if you can overcome the wall, try to obtain information from the outside world. This time to enrich yourself may be the only way."
Yokogawa: "It is very difficult for individuals in this social environment. The only way out is to get rid of the CCP and abandon the CCP."
News (24)
The timing is sensitive, Trump was indicted four times, suspected of being politically motivated
Reporter : Yi Jing / https://www.ntdtv.com/gb/2023/08/16/a103767623.html
Former U.S. President Trump was formally indicted by a Georgia grand jury on the evening of Monday (14 August 2023). This is Trump's fourth indictment in five months.
On Monday night, a Georgia grand jury formally indicted former President Trump.
The 98-page indictment lists 41 felony counts against former President Trump and 18 co-defendants. Among them, Trump was charged with 13 counts.
Fulton County, Georgia District Attorney Willis: "Defendants engaged in a criminal racketeering scheme to overturn Georgia's presidential election results."
Reporter Melina Wisecup: "(In addition to Trump) there are 18 defendants in this case, some of Trump's closest allies, who were on the front line in Georgia in January 2020, investigating what they called "election fraud."
After the indictment was released, Trump immediately accused the accusation on "truth social media" as a "witch hunt" aimed at interfering with his presidential campaign.
Former U.S. president and Republican presidential candidate Trump: "They knew they couldn't beat me in a fair vote, so they weaponized the justice system to try to beat me."
Many Republicans, including Speaker of the House of Representatives McCarthy and senior Senator Ted Cruz, have voiced their support for Trump, saying that this lawsuit is another way for Democrats to weaponize the judiciary to attack political opponents.
This is the fourth criminal indictment against Trump in just five months. The timing of these prosecutions has aroused many doubts from the outside world.
William A Jacobson, a professor at Cornell Law School: "These charges are based on behavior that happened three years ago, and they could have brought the case to the table a year ago, and then they could have a trial and get the corresponding results. , so it wouldn’t affect the Republican primary. That’s another place where this lawsuit has a very political flavor.”
Despite Trump's lawsuits, recent polls show that Trump still leads the Republican presidential candidates by a wide margin.
Fulton County District Attorney Willis said the case will be tried within the next six months and has ordered Trump and other defendants to surrender by next Friday.
Willis, Fulton County District Attorney, Georgia: "I will give the defendants the opportunity to turn themselves in no later than noon on August 25, 2023."
Trump, however, plans to release a robust report on the charges next Monday in New Jersey, saying that charges should be dropped against all of them. Therefore, whether Trump will appear in court in Georgia by then is still unknown.
News (25)
The CCP wants to do bad things and the U.S. has a new way to avoid war
Editor : Li Hong / https://www.ntdtv.com/gb/2023/08/16/a103767666.html, https://www.ganjing.com/zh-TW/channel/1eiqjdnq7go6RiWa3FrJpLhhe10c0c
Today's focus: What bad things does the CCP want to do? old way! Economic issues are politicized! Does the United States have a new way to dismantle bombs? Remove the CCP's totalitarianism on Chinese soil? The Expansion of Social Platforms Threatens Democracy! The Cold War is not about belligerence, but about avoiding war!
The CCP’s official economic, trade and financial data for July is even more ugly. Is the CCP’s Lehman moment coming? Some analysts believe that Zhongnanhai is quietly carrying out an alternative "flood release" covering the whole of China, releasing the flood of real estate crisis, corporate thunderstorms, and financial crisis to the low-altitude areas of power, and looting people's assets in disguise.
Biden described the CCP's economy as a "ticking time bomb" that could endanger the world. The United States has saved the life of the CCP at least three times in history. Will the United States save the fourth time? How to interpret Biden's investment ban on CCP China?
During the US-Soviet Cold War, did the free camp make a deal with the devil? Now in response to the CCP’s new Cold War, can defensive democracy, economic and trade NATO help us not to repeat the same mistakes?
Taiwan's Vice President Lai Ching-teh passed through New York and shouted "Taiwan is safe, the world is safe". Why is the CCP making intensive moves to obstruct interference?
What is the CCP afraid of? Lai Ching-te in New York calls Taiwan safe and the world safe
Whenever the economic and financial risks of the CCP rise, Taiwan first pays attention to the exposure, which has been shifted over the past few years, and the exposure to China has been greatly reduced. Taiwan and the United States are moving towards FTA (Free Trade Agreement). Lai Qingde, vice president of the Republic of China and Taiwan, visited Paraguay on the 12th, passing through New York and San Francisco in the United States; the CCP’s large and small schemes on the stage will be staged in the Eastern Navy for three days starting from the 12th; coincidentally, the United States, Japan, India and Australia QUAD The military exercise will be held in the Pacific Ocean for 10 days for the first time starting from the 11th. It is not uncommon for Taiwanese politicians to transit the United States. Why does the CCP want to waste money and raise tensions between the United States and China?
The CCP also mobilized Hongtong groups and gangsters to harass Taiwan and the United States; overseas Chinese went to welcome it and opposed the annexation of Taiwan.
Lai Ching-te made a closed-door speech in July in response to the speech of his supporters, saying that the president of Taiwan "must have the ambition to enter the White House." In fact, Taiwan is not part of the People's Republic of China, and the Republic of China and the People's Republic of China are not affiliated to each other."
►Li Zhongzhi has long been concerned about the relationship between the United States and Taiwan in North America. The legislative process of the "Taiwan Travel Act" reflects the changes in the international situation. He observed Lai Qingde's transit in New York and said "walking into the White House".
►Wu Jialong observed that the Chinese Communist Party's East China Sea exercise, "Lai Ching-te's transit in the United States" is just a superficial excuse. It may be that Xi Jinping used this to seize military power after cleaning up the Rocket Army. Biden said that the CCP has become a time bomb due to economic challenges, and bad people may do bad things. Wu believes that the old method of the CCP is to "politicize economic issues" and use political means to deal with them, such as the "wartime economic system", which can cover the economy to a certain extent. Prevent people from questioning; it may also be based on misjudging the determination of the United States and Japan to expand externally and cause trouble.
China's Lehman moment? Stock and bond exchange triple kill? Earn money, spend money, borrow money and pay back money?
Is the CCP’s version of the “Lehman moment” coming? China's real estate company Country Garden exploded, and Evergrande announced huge losses, which are expected to impact the financial system.
The Zhongzhi Financial Holding Group, known as the "Chinese version of Blackstone", has been rumored to be unable to withstand it. Its subsidiary "Zhongrong International Trust" (30% owned by the Central Committee of the Communist Party of China) has exploded. Due to investment in real estate, it has at least 350 billion yuan (approximately NT$1.54 trillion) of trust products have been suspended; on the 11th, there were rumors in the market that three other trust companies had suspended payments.
Some commentators said that the four directions of the CCP’s economic cycle: earning money for employment, spending money for consumption, borrowing money, and repaying money, all collapsed together; decline.
►Wu Jialong observes, is the CCP version of the "Lehman moment" coming? Is the risk of China's financial and fiscal system about to explode in a row at almost any time? Wu Jialong believes that from the spread of the real estate crisis, or the domino effect, one will drive the other, and one will detonate the other; it is estimated that the CCP will then seek a "Chinese version of the debt restructuring plan" and only repay 10% or 20% of the debt, hoping to last for a long time Time, but in the end it won't last, and the financial and financial fields will explode; the multiple problems the CCP has accumulated face erupt at the same time, and the CCP has no way to deal with it.
The CCP’s New Cold War Asymmetric Erosion Inspires Defensive Democracy and Economic and Trade NATO?
How to deal with the free market economy and free speech market in the free camp countries when they are exploited by authoritarian totalitarianism? After Germany experienced the lessons of the Nazis, it emphasized defensive democratic theory in its constitution and banned Nazi speeches. Taiwan also banned communism.
Around 1990, the Communist Party of the Soviet Union and the ten communist regimes in Eastern Europe disintegrated, and the Cold War between the United States and the Soviet Union ended. Europe, the United States, and Asia all relaxed. The penetration of "society", sharp power, cognitive warfare, and the issue of democratic defense have attracted more attention; the community platforms of multinational technology giants and the social responsibility of the technology industry are also important links.
In terms of free (and fair) trade and the international industrial division of labor, there were very big problems after the CCP joined the WTO in 2001 and refused to fulfill its commitments; there was a trade war, the "de-risking" of the G7 and the EU, and a similar "economic NATO" was being constructed. "Defense structure.
►Li Zhongzhi observed, defensive democracy and freedom of speech, the responsibilities of tech giants and social media platforms, such as the issue of the Section 230 Amendment to the Communications Decency Act (Communication Decency Act).
Biden threw a bad guy time bomb and said! The United States will save the CCP three times, but will it no longer save the CCP from self-destruction?
On 9 August 2023, Biden signed a ban on investment in China in the high-tech field, and then Biden publicly stated that the CCP is like a time bomb because of its economic challenges, which will endanger the world; he also said that bad people will do bad things in times of difficulty.
The United States has rescued the CCP at least three times. In the 1940s, it mistrusted the CCP’s promises during the civil war between the Kuomintang and the Communist Party; since the late Cultural Revolution in the 1970s, it supported the CCP to contain the Soviet Communist Party; in 2000, it helped the CCP join the WTO and saved unemployment and industries; what about this time?
►Wu Jialong's interpretation, (1) The intention of Biden's actions and words. The United States saved the CCP three times in a disguised form, which happens to be a 30-year cycle. It is expected that the United States will save China for the fourth time, and it will not be to save the CCP. One of the reasons is that the CCP may not last until then; the United States may follow the experience of assisting Germany and Japan , After removing the CCP's totalitarian and authoritarian system, assist in rebuilding a democratic and free China.
(2) Has the Biden administration thought about "how to dismantle the bomb"? Or let foreign capital pull away, keep a distance, and watch the CCP blew itself up? Wu Jialong believes that Biden mentioned that "bad people will do bad things when they are in trouble." Recruiting and dismantling bombs, through high-ranking officials' visits to China, and intelligence warfare means to spread important information on the CCP's Rocket Army and Navy, forcing Xi Jinping to return to defense, rectify and cleanse the Communist Army, take over military power, and influence the Communist Army to invade Taiwan.
The US-Soviet Cold War deal with the communist devil? Will the new Cold War between the United States and China not follow the red haze?
In Professor Li Zhongzhi's new book "The America You Didn't Read", the last chapter is "The Devil's Deal of the Cold War Soviet". The Cold War in the United States and the West has never stopped. Many people describe it as a "new cold war", but the two major economies of the United States and China "have me in you, and you in me". The threat of the CCP is more difficult to deal with than the Soviet Communist Party.
From Crimea to the Ukrainian-Russian War, corresponding to the prelude to the European War of World War II - the Nazis annexed the Sudetenland to Poland, and compared to today's Taiwan, the top US military officials publicly stated that they would deter the outbreak of World War III.
►Li Zhongzhi observed that compared with the Cold War between the Soviet Union and the Communist Party of the United States, the West has changed its strategy towards China from reflection to transformation in the past few years; he believes that the Cold War is not a war, but to avoid war. Yes, it is slowly formed by a series of misjudgments, a series of corrections, and then a series of facts; avoid direct conflicts, rely on slow-motion evolution, hope to produce better results, and avoid repeating the mistakes of history.
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