Sunday, December 22

Tag: ccp

Xi Jinping Says Happy New Year
2Jan By adminNo Comments
Business

Xi Jinping Says Happy New Year

China’s Supreme Leader Xi Jinping offered his traditional New Year’s greeting Monday with a warning. “The reunification of the motherland is a historical inevitability,” Mr. Xi said, according to the Chinese-language version documented by various news sources.“Compatriots on both sides of the Taiwan Strait should be bound by a common sense of purpose and share in the glory of the rejuvenation of the Chinese nation,” he added. The official English translation wrote “all Chinese” rather than “compatriots,” according to a Reuters dispatch.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Don’t Count on Economic Woes to Deter China
28Nov By adminNo Comments
Health

Don’t Count on Economic Woes to Deter China

Nov. 28, 2023 12:54 pm ETDuring his September trip to Vietnam, President Biden dismissed a reporter who asked for his thoughts on the threat the Chinese Communist Party poses to Taiwan. “I think China has a difficult economic problem right now,” Mr. Biden said. “I don’t think it’s going to cause China to invade Taiwan. And matter of fact, the opposite—it probably doesn’t have the same capacity that it had before.”Mr. Biden’s response perhaps explains why his administration’s China policy has veered away from competition and toward accommodation. The hope is that Beijing’s economic woes will make it more conciliatory. But that assumption badly misunderstands the power-hungry nature of the Chinese Communist Party and the lessons of history.Copyright ©2023 Dow Jones & Company, Inc. All R...
Read More
Chinese Companies and Your Tax Dollars
21Oct By adminNo Comments
Business

Chinese Companies and Your Tax Dollars

It isn’t easy luring corporations to Illinois these days, so Gov. J.B. Pritzker celebrated when the state landed a big electric-vehicle battery plant in September. The real winner, however, is Gotion, the Chinese company that is collecting taxpayer financing to subsidize its EV manufacturing. Mr. Pritzker boasted that the new $2 billion factory would bring 2,600 green jobs to the Land of Lincoln and represents “the most significant new manufacturing investment in Illinois in decades.” The company’s decision was helped by a $536 million Illinois subsidy package, including $213 million in tax benefits, a 30-year property tax freeze and $125 million from the state-lending program Invest in Illinois. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b...
Read More