China Immigration Boom Continues as Trump Sanctions Against Communist China Intensify
Since 2020, U.S.-China relations have fallen to an all-time freezing point, and the Trump administration has ratcheted up sanctions against the Chinese Communist Party. However, the China International Migration Report 2020, researched and prepared by the China Globalization Think Tank and the Development Research Institute of Southwest University of Finance and Economics, and published by Social Science Literature Press on December 22, shows that more than 10 million people in China still migrated overseas in the past year. The top three main migration destinations are still the United States, Japan and Canada. And there is an increasing trend of younger Chinese immigrants.
The top reason for Chinese migration, according to the report, continues to be the search for education overseas. 2018 to 2019 academic year, China remains the largest source of international students in the United States and the United Kingdom. And the number of Chinese students attending high school in the U.S. has surged nearly 100-fold in the last 10 years, with a significant trend toward studying at a younger age. Immigration of Chinese immediate family members has also surpassed investment immigration as the mainstay, with family immigration more common.
Guo Jin, a New York immigration lawyer, told Radio Free Asia that there is a particularly high demand for young students from China going abroad. Parents plan early for their children, and the Chinese Communist Party’s brainwashing education is not accepted by everyone.
Alibaba is under investigation and Jack Ma has been told not to leave the country
In the morning of December 24, Xinhua News said that the General Administration of Market Supervision (GAM) has opened an investigation into Alibaba Group Holdings Ltd. for alleged monopolistic practices such as “choosing one over the other”, according to a report.
Alibaba affiliate Ant Group responded that it received the notice of interview from the regulator today, “We will seriously study and strictly comply with the requirements of the regulator and do a good job of implementing the relevant work without compromise.”
Watch China exclusively broke the news that Ant Group’s dramatic suspension stemmed from Jack Ma‘s “bad words” at the Bund Financial Summit in Shanghai in October. Ma did piss off Xi Jinping.
Sources disclosed that Ma learned of the rejection of the IPO plan long before the summit, and presumably let loose at the meeting in order to find a way to get out of it. After the Ant Group’s listing plan was called off, Ma was deeply upset, and in addition to actively admitting fault to the authorities and constantly releasing goodwill, the group’s top management was constantly trying to find ways to break out and public relations upward.
The source also said that Ma also foresaw the crisis is not trivial, Ma has been temporarily side control in late October. The crisis is not simply solved by money, Xi Jinping pressed the nuclear button at the last second, knocking the forces behind Ma Yun’s meaning is very obvious.
Xi Jinping was “power coup”? A senior Taiwanese media figure reveals the mystery
Recently, a “power shortage” has swept across the north and south of China, with power cuts and restrictions all over the country, not only seriously affecting the operations of factories and enterprises, but also affecting the lives of residents, causing much discontent among the people.
On December 23, Taiwan‘s “Sanli News” quoted veteran media personality Huang Chuangxia as saying that a “power coup” may be taking place in mainland China.
He said, this wave of power outages, many people intuitively think that because China lacks coal from Australia, thermal power plants can not move, resulting in the “dark age”. He believes this is a deliberate exaggeration of the impact of the “China-Australia war”. China is the world’s largest coal producer, producing more than half of global demand annually. The impact of Australian coal is not much.
Huang Chuangxia said, this blackout, but reminiscent of the 2015 Chinese stock market. It is also a “financial coup” against Xi Jinping. The purpose of the financial coup is that since Xi has all the power, it will deliberately cause chaos, so that Xi is responsible for solving, the more chaos, the more people are afraid, the more evil can be done to Xi, I hope Xi to stop when appropriate.
He said, in fact, in addition to the “power coup”, Xi Jinping may also face other kinds of “coup”, so Xi anxious. And all the signs can see the treacherous storm Xi is facing, is definitely beyond the imagination and understanding of the general public.
The capital market is short of money and domestic demand is not enough, the Chinese Communist Party is eyeing the residents’ savings
The Chinese Communist Party’s Securities Regulatory Commission met on December 22 to set the focus of the capital market in 2021, requiring the enhancement of wealth management functions to promote the transformation of residents’ savings to investment, as a boost to expand domestic demand.
In response to the CCP’s policy signal of promoting residents’ savings to enter the capital market, Chinese independent financial commentator “Wishing to speak” wrote an article titled “Residents’ savings are being targeted again” on Dec. 23, saying that China’s domestic demand, stock market, real estate and investment, I wonder how many other burning eyes have targeted residents’ savings?
The average person will not spend all the money they earn, but will save some of it, either for future living expenses, or to prevent unexpected risks, or to earn interest, and so on, that is savings.
By the column want to say, the future life security degree is low, you have to save more money; sudden risk security degree is low, you have to save more money; investment channels are not developed, you have no other investment channels, you can only save more money. Therefore, the savings rate in China is naturally higher.
However, China is currently buying houses and leverage, over-consumption has become popular, 500 million people have no savings, 600 million people earn less than a thousand a month, and the high savings rate makes people feel doubtful.
According to the column, Chinese residents have been buying houses for nearly a decade, pushing up their debts and decorating the residential savings rate data, causing the data to be fat, and once the credit contraction phase is entered, the debt contraction will drive the savings down in parallel, and the residential savings data will dive.
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