economics

Chinese Communist Party Engages in Widespread Plundering as Land Finance Faces Cliff-like Collapse

Bill SnyderMay 9, 2026May 9, 202615 mins

The local finances of the Chinese Communist Party have long been relying on land sales revenue. Now, nationwide land sales…

Paul PriceMay 8, 202610 mins

Iran used to export 3.2 million barrels of crude oil per day. However, with the ongoing blockade by the US…

Lynn ModiseMay 8, 2026May 9, 20265 mins

Recently, an interesting trend has emerged in the second-hand car market in China: in offline markets, there is a scarcity…

Tomikazu WatanabeMay 8, 2026May 8, 20267 mins

China’s economy continues to slump, with local finances under increasing pressure, leading to delays in salary payments, cuts in subsidies,…

Jesse HanMay 8, 2026May 8, 202614 mins

In April, during the Chinese Communist Party’s Political Bureau meeting, a signal of “debt restructuring to prevent risks” was released,…

Nick LiMay 8, 2026May 8, 20266 mins

【Epoch Times May 8, 2026】Zhongzhi Enterprise Group Co., Ltd. (Zhongzhi Group) announced that 316 of its affiliated companies have been…

Nick LiMay 7, 20266 mins

The Iran war has led to disruptions in oil transportation, triggering a plastic shortage crisis in Asia. Manufacturers in various…

Lynn ModiseMay 7, 20265 mins

The news report from Epoch Times on May 8, 2026 states that President Trump is unhappy with the high ticket…

Erin DohertyMay 7, 20264 mins

U.S. President Trump and Brazilian President Luiz Inacio Lula da Silva met at the White House on Thursday (May 7)….

Paul WilkinsMay 7, 2026May 8, 20265 mins

On Wednesday, May 6th, Bloomberg quoted sources as saying that the Chinese financial regulatory authority has proposed that domestic large…