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Volkswagen May Close German Plants as Cheap Chinese Cars Flood Europe

Germany-based Volkswagen is considering closing factories in the country as European Union automakers struggle with a flood of cheap Chinese-made cars that are taking up an increasing share of auto sales on the continent. “The situation in the European auto industry is very tough and serious,” Volkswagen Group CEO Oliver Blume said on Monday, suggesting […]

Nets closing in on adding Chinese sharpshooter Yongxi Cui

Nets owner Joe Tsai has previously said he wants to add Chinese players to his Brooklyn team. He may be getting his wish. According to multiple reports out of China, and now the U.S., the Nets are on the verge of acquiring Yonxi “Jackie” Cui on a two-way contract. The Nets are reportedly acquiring Jónsi […]

Why is Apple promoting Chinese spyware apps?

Chinese espionage has infiltrated our communications networks through telecommunications companies such as Huawei and ZTE, and by selling cheap routers with bugs that have yet to be fixed. VulnerabilityBut none is more pervasive than China's weaponization of our mobile devices through apps. TikTok is a clear example. Congress has almost unanimously heeded warnings from the […]

Dozens Killed in Pakistan Terror Attacks Allegedly Targeting Chinese Colonization

Pakistan's Prime Minister Nawaz Sharif said on Tuesday that more than 70 people had been killed in attacks in Balochistan by separatist militants seeking to “sabotage CPEC and development projects”. CPEC is the China-Pakistan Economic Corridor, a large-scale Chinese infrastructure construction project in Pakistan. Sharif said The prime minister told the Cabinet meeting that the […]

Chinese gang jailed for operating £55m money-laundering ring | London

Seven people have been jailed for running a £55 million clandestine money laundering ring that targeted international students trying to circumvent limits on the amount of cash they could take out of China. Four people – three men and one woman – were found guilty of various money laundering offences at Snaresbrook Crown Court on […]

Chinese Central Bank President Suddenly Resigns for ‘Personal Reasons’

Bank of China (BOC) Vice Chairman and Governor Liu Jin resigned without notice on Sunday, just five months after being reappointed to the role. The bank issued a cryptic statement saying Liu had resigned for “personal reasons” and declined to comment further. Liu teeth Quite young Born in 1967, he was China’s oldest top executive, […]