【Epoch Times, May 28, 2026】
1.
Why did the CCP suddenly crack down on Chinese investing in overseas stock markets?
The number of Chinese people investing in overseas stock markets has been increasing. Last year, an estimated total of $1 trillion bypassed CCP regulations and fled overseas, prompting the CCP to crack down on offshore trading platforms such as Tiger and Futu to control capital outflows. This has caused unease among securities firms and investors, potentially reshaping the ways Chinese people enter overseas markets.
2.
Earthquakes hit Puyang, Henan, and Puer, Yunnan, consecutively – Residents startled in the middle of the night
In the early morning of May 27, a magnitude 3.2 earthquake shook Puyang, Henan, causing many residents to feel significant shaking late at night. Just the previous evening, a magnitude 3.1 earthquake hit Puer, Yunnan. Since both earthquakes occurred at night, many people were startled awake from their sleep, sparking discussions online.
3.
Extreme high humidity weather hits Wuhan – Residents describe it as living in a water curtain hole
Recently, Wuhan, Hubei Province, has experienced rare extreme high humidity weather. Residents were shocked to find out that the air humidity reached 100% at one point. Describing it as “living in a water curtain hole,” residents not only struggled with the hot and humid conditions but also faced issues such as slippery underground areas, damp and smelly clothes left outside, and students reporting water dripping from dormitory doors. At the same time, Wuhan is experiencing continuous heavy rainfall.
4.
CCP’s fiscal data for the first four months show increasing local government debt
The latest fiscal data released by the CCP’s Ministry of Finance for the period of January to April 2026 shows that while overall fiscal revenue is growing, a breakdown of detailed indicators reveals a stark contrast. Stock market trading activity has boosted stamp duty revenue, but the real estate sector continues to burden local finances, corporate profits have not significantly improved, and the pressure of local government debt has further intensified.
5.
Workers at an electronics factory in Dalian go on strike and protest against unfair compensation
In late May, a series of worker strikes and protests in the mainland manufacturing industry emerged. About 600 workers at Lom Electronics in Dalian, Liaoning, protested against the unfair compensation scheme following the acquisition of a Japanese-owned company by a Chinese firm; workers at Ai Ma Auto Industry in Qingtian, Zhejiang, went on a collective strike to protest wage deductions.
6.
U.S. advances the “Lobito Corridor” to counter CCP’s African influence
The U.S. and the West are rapidly advancing the construction of the “Lobito Corridor,” aiming to create a key mining transportation route connecting Angola, the Democratic Republic of Congo, and Zambia. It is widely believed that this move is intended to reshape the supply chain landscape in Africa, weaken the CCP’s dominant position in Africa’s “Belt and Road” initiative and mineral supply chains, and escalate the resource and geopolitical competition between the U.S. and China in Africa.
7.
More than a decade of anti-corruption efforts by the CCP – Analysis: The deeper one digs, the more local corruption is found
The CCP’s efforts to cleanse the officialdom continue. Authorities reported that in April this year, a total of 21,889 related problems were investigated, and 27,852 individuals were criticized, educated, or dealt with. The report shows that there were 20,485 cases of problems involving officials at the county level and below, accounting for 93.6% of all cases handled. Some analysts believe that systemic corruption within the CCP is the real source of corruption, and the crackdown on the officialdom is merely aimed at political deterrence rather than truly eradicating the root causes of corruption.
8.
Chemical tank rupture at a factory in Washington State results in multiple casualties
Officials stated that on Tuesday morning, a chemical tank at a factory in Washington State ruptured, causing multiple fatalities and serious injuries. The exact number of casualties is still unclear.
9.
Taiwan’s Ministry of Foreign Affairs refutes China-Pakistan joint statement as baseless and fallacious
The Ministry of Foreign Affairs of the Republic of China (Taiwan) strongly rebuked the Chinese Ministry of Foreign Affairs for issuing a joint statement between the People’s Republic of China and the Islamic Republic of Pakistan that denigrated Taiwan’s sovereignty with baseless and fallacious claims.
10.
The worst mining accident in 17 years occurs in China – Analysis: Highlights systemic issues
In recent days, China experienced its most severe mining accident in 17 years, with hundreds confirmed dead or injured. As rescue and investigation efforts progress, more details about the accidents and underlying issues are gradually being revealed. On May 25, several experts and scholars who have long observed China’s issues appeared on the “News Talk” program on New Tang Dynasty Television, analyzing the systemic problems exposed by this mining accident based on the information currently available to the public.
11.
Heavy rain hits Dawu County, Hubei – Bridge collapse leading to car plunging into the river
On May 25, Dawu County in Hubei Province experienced heavy rainfall. A partial collapse of a bridge in Chenwan Village, Yangping Town, caused a private car to fall into the river and be washed away by the strong currents.
12.
U.S. Trade Representative: Tariffs on China may remain at high levels in the long term
U.S. Trade Representative Jamieson Greer stated that Washington has recognized that under CCP rule, the political and economic systems in China are unlikely to undergo fundamental changes, thus necessitating a strategy of “managed trade.” He emphasized that tariffs on Chinese goods by the U.S. will likely remain higher than those levied on other countries in the long term, stating that maintaining tariffs on China is a “great thing.”
13.
Chongqing hit by mudslides – Houses and people washed away, victims express grievances
Floods have struck multiple areas in China. Flooding combined with mudslides in Yongchuan District, Chongqing, has caused significant casualties. Several residents lamented through videos, describing how their houses were destroyed and family members swept away by the floods, with some families losing five members. Victims expressed their grievances.
14.
Zhou Xiaohui: Fire in the backyard of the Serbian President may lead to resignation – CCP’s curse strikes again
According to reports from CCP state media, shortly after Serbian President Vucic arrived in Beijing, on the next day, May 25, he held a meeting with the CCP leader. Just as the two were about to engage in meaningful discussions about Sino-Serbian friendship, a fire broke out in the backyard of Vucic.
15.
Analysis: the CCP’s high-profile grain aid to Cuba and its political ambitions
As the Chinese domestic economy slumps and concerns about food shortages increase, the Beijing authorities recently announced a large-scale food aid package to Cuba. This action, described as the “largest in recent years” by official sources, has sparked external skepticism regarding the CCP’s prioritization of political agendas over addressing domestic livelihood issues.