Recently, there have been intriguing new developments in Beijing.
Former Deputy Chairman of the China Securities Regulatory Commission, Fang Xinghai, was suddenly investigated after being retired for two years, attracting attention. Many people speculate on the true reason for Fang Xinghai’s investigation – is it related to corruption? Or is it because of a disagreement with Xi Jinping’s ideology? Some even analyze that as a returned Chinese overseas student, Fang Xinghai being investigated may indicate that more overseas returnees serving as officials will become targets of the authorities in the future.
In recent years, China’s economy has been continuously declining, with the government facing financial difficulties, making it one of the most pressing issues for officials at all levels to figure out how to increase revenue. Recently, the Chinese Communist Party has quietly introduced new regulations to strengthen the supervision of overseas assets, bringing offshore trusts into the tax collection scope.
Furthermore, two Chinese mathematicians have recently been awarded the Fields Medal, often referred to as the “Nobel Prize in Mathematics”. This should have been a great piece of news for the Chinese academic community. However, while Chinese media heavily promoted the “Chinese cultivation” aspect, the remarks made by the awardees about their experiences studying at Peking University have left the university feeling embarrassed. What’s the story behind this? Stay tuned as we delve into the details for you.
Alright, without further ado, let’s begin the program.
Production Team of “Moments of Good News”