Business

As the Economy Slides, Chinese Communist Party Seeks ‘Stability’

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The Central Economic Work Conference, the Chinese Communist Party’s annual event where top officials discuss economic priorities for the next year, concluded on Dec. 10. The meeting was highly anticipated as China faces significant economic headwinds going into 2022. The phrase “stability” emerged as the key theme of this meeting, with the word being mentioned … Read more

Former Ambassador Calls on Advertisers to Boycott China Olympics: ‘Don’t Just Listen to Dollars’

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A former U.S ambassador has called on top American advertisers to boycott the Winter Olympic games in Beijing over the Chinese Communist Party’s many human rights abuses. Olympic sponsors should “listen to their hearts”—not dollars—and stand up to boycott the upcoming Beijing Winter Olympics, said Sam Brownback, former U.S. Ambassador-at-Large for International Religious Freedom. “China … Read more

USPS Preparing to Ship 12 Billion Items This Holiday Season

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The U.S. Postal Service (USPS) has revealed in its latest forecasts that it is preparing to process, ship, and deliver billions of items this Christmas. According to the independent government agency, 12 billion letters, cards, and packages will be sent across the country this holiday season, with more than two-thirds being packages. Although this is … Read more

Communist China Cuts Banks’ Reserve Requirements in Effort to Stimulate Slowing Economy

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The Chinese Communist Party’s central bank has announced it will cut the amount of cash that banks must hold in reserve, according to reports. The move will unlock $188 billion in long-term liquidity to shore up slowing economic growth. The People’s Bank of China (PBOC) said on its website on Dec. 6 that it would lower … Read more

Communist China Extends Global Mining Dominance, Begins Processing Key Resources

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The Chinese Communist Party (CCP) is launching a rare earth metal company as it seeks to extend China’s global dominance in mining. The CCP has approved the creation of the “China Rare Earth Group” that will oversee the nation’s processing of key resources. The government corporation could launch by the end of the year, according … Read more