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Party Publications Are Just Junk

A report published by Toutiao, a Chinese news and information content platform, revealed that nobody reads the Chinese Communist Party’s (CCP’s) publications. However, this report, titled, “The Party Newspaper and Party Publications, How Long Can You Survive?” is no longer available due to the CCP’s Internet control.

The article reported a case in which a local postal office signed an agreement with an institution. The agreement was that the post office would stop delivering the party’s newspaper and publications to which that institution had subscribed. Instead, the post office would just keep them in its storage area and after a certain time, sell them as old paper (in China authorities pay a little money for old paper and books for recycling). The postal service would then give the institution the money, including the proceeds from selling the party publications and the cost savings from the delivery service.

In China, the CCP forces government offices and institutions to subscribe to many party newspapers and publications. In some places it even requires individual party members or school teachers to subscribe to party publications using their own money.

Source: Epoch Times, June 18, 2023
https://www.epochtimes.com/gb/23/6/18/n14018188.htm

Briefings | | |   Government/Politics

China’s Hope to Rescue the Housing Market Burst

An Epoch Times article listed five points that suggest that China’s dream to rescue its real estate industry is only an illusion:

  1. The funding for real estate development keeps sliding. According to China’s National Bureau of Statistics, investment in the real estate industry was 13.289 trillion Yuan (US$1.85 trillion) in 2022, 10 percent down from a year ago. Investment in the period of January to May this year was 45.7 trillion yuan, down 7.2 percent from the same period last year. More and more people are selling their homes. Shanghai has an inventory of 200,000 pre-owned homes for sale. It sold 16,000 homes in May, which was  one-third lower than the sales volume in March.  In May, over 100 cities saw the largest price drop  since 2022.
  2. There has been a big jump in the number of foreclosed homes. There were 606,000 foreclosed homes in 2022, but only 118,000 were sold.
  3. The “Guaranteed Delivery” effort did not work. Due to a lack of funding, China put in 500 billion Yuan in July 2022 to help real estate builders to complete their pending housing construction projects . A year has passed. South China and the south China regions completed 56 percent and 46 percent of their housing projects, respectively. Southwest China and the central China regions completed only 15 percent and 16 percent.
  4. Real estate companies are struggling. The total profits of 69 publicly-traded real estate companies dropped in 2021. In 2022, the proceeds even became negative. More than 20 companies have been suspended from trading (they even face the risk of being delisted).
  5. Seven companies had been traded below 1 yuan for over 20 days and thus are likely to be delisted.

Source: Epoch Times, June 19, 2023
http://cn.epochtimes.com/gb/23/6/19/n14019226.htm.

Briefings | | |   Economy/Resources

Reduction of China’s Buying Is Likely to Cause Price Drop in the World’s Grain Market

Nikkei Chinese reported that, according to the U.S. Department of Agriculture (USDA), China’s effort to increase its domestic soybean and corn production will drive down the global market price of grain.  China has cancelled orders of a cumulative 1.1 million tons of U.S. corn that were scheduled to be imported from late April to mid-May, or 7.4 percent of the U.S. annual exports to China.

China’s reduction of purchases and the expected U.S. harvest took the futures price of corn  on the Chicago Mercantile Exchange down to around $5 per bushel in mid-May. This was the lowest point since October 2021 and 30 percent down from the peak price in the spring of 2022.

Soybean’s price also fell similarly as China also canceled deals.

Among agricultural products, China can roughly stay self-reliant on rice and wheat, but it has to import other products. Bejing is the world’s largest importer of soybeans and corn. It imports 59 percent of the global import volume and 14 percent of corn.

Source: Nikkei Chinese, June 12, 2023
https://zh.cn.nikkei.com/politicsaeconomy/commodity/52591-2023-06-12-05-01-11.html

Briefings | | |   Economy/Resources

Cross-Region Fiscal Transfer Puts Poor Regions In More Debt

An article by a Chinese author was circulating on the Internet. The article pointed out that. although China implemented a cross-region fiscal transfer mechanism, the better developed regions provide a large amount of financial aid to the underdeveloped regions to help them develop their economy. This system does not make the poor region prosperous but rather, it puts them in more debt.

The article used Qinghai Province as an example. Qinghai received a “fiscal transfer” (aid) of 147 billion yuan (US$ 21 billion) in 2022, 7.6 times what it received in 2010. However, its disposable income per capita was 27,000 yuan in 2022, only 3.1 times the amount in 2010. This indicates that the “transferred” money didn’t directly get into people’s wallets. The reason was because the receiving regions spent the money on large projects instead, which may not directly lead to improving people’s livelihoods or may cause unnecessary waste. In the meantime, the receiving regions also borrowed additional money to finance those projects (the transferred money was not enough). As a result, the more the “transfer” money comes, the more the receiving region is in debt.

Source: China Digital Times, May 16, 2023
https://chinadigitaltimes.net/chinese/696035.html?utm_source=dlvr.it&utm_medium=twitter

Briefings | | |   Economy/Resources Government/Politics

China’s Police Shared Experiences on Conducting Operations Overseas

Recently overseas media reported that Chinese police from Qingtian County, Zhejiang Province published their “successful” experiences in conducting operations in other countries. The article was published in the second issue of the Zhejiang Police College Publication in 2019.

There are 330,000 Chinese from Qingtian County who live in 128 foreign countries and regions. These diasporas have established 314 diasporas associations.

The police experience article talked about their work of combining “one concept, two overall plannings, three collaborations, four major mechanisms, and five areas of governance.”

“Two overall plannings” included the planning for domestic and overseas,words, two battlefields. Domestic planning – visit the relatives (inside China) of the overseas “stability maintenance” targets (usually the political activists/dissidents whom the Chinese Communist Party (CCP) views as a threat to its rule in China). Overseas planning – send working groups abroad to meet with the Chinese diasporas.

“Three collaborations”: One is to collaborate with Chinese embassies and consulates and  them to reach out to local Chinese diaspora groups. Two is to collaborate with the leaders of diaspora associations – Qingtian police has established regular collaborative mechanism with 230 Chinese diaspora associations and maintained regular contacts with 150 influential diaspora leaders. Three is to collaborate with the people who were the former police officers or relatives of former police officers.

The article also talked about strengthening the party’s leadership, including expanding the party organization’s reach to the overseas Chinese diaspora associations and establishing a party structure inside the Chinese diaspora associations via the party organs at China’s embassies and consulates.

The Qingtian police created a “Police-Diaspora Station” service center. Its online system started operation in 2018. The Qingtian police led the efforts, with Chinese diaspora associations participating in and providing offices. The service center has organized video conferences, information sharing sessions, regular meetings, and timely service. It created 15 sub-centers in 11 countries including Spain, Italy, and France.

The “four major mechanisms” includes establishing a “grid-management” mechanism, with larger diaspora associations as the base, and diaspora leaders, diasporas who are party members, and overseas police liaisons as the expanding points, to manage the diaspora communities. It has “successfully” handled 15 cases of a few diasporas’ protests against the CCP or its leader’s visit.

The “five areas of governance” listed anti-Falun Gong as its first area. It quoted that Qingtian police guided the “World Chinese Diaspora Anti-Cult Association in Spain” to protest the Shen Yun performance held in Barcelona in 2014.

Source: Epoch Times, May 25, 2023
http://cn.epochtimes.com/gb/23/5/25/n14003947.htm

Briefings | | |   @CS Geo-Strategic Trend Government/Politics US-China Relations

China’s New Cognitive War against Taiwan

Epoch Times reported that Beijing has adopted new cognitive warfare tactics against Taiwan. In the past it used to directly or indirectly buy Taiwan’s major media including newspaper, television, and radios to spread its message. Now, however, it has switched to using Internet media, such as TikTok, YouTube, and influential webcast hosts.

One tactic is to release fake news via its controlled Taiwanese media, causing other Taiwanese media who want to keep up on news reporting but do not verify the validity of news to follow up on the fake topic. China has established a “Public Opinion Control Center” inside its military and has a 2 million strong “Internet army” (people who monitor the Internet posting and post propaganda or fake news on the Internet). This can stir up issues or debates in Taiwan media that can lead to conflicts and divisions among the Taiwanese people.

Beijing also provides scripts to people who have their own (news or other topic) channels on the Internet. Those people will replace those words commonly used in the mainland but which are uncommon in Taiwan with those commonly used in Taiwan, to make it appear to have been “created in Taiwan.”

For webcasts, China’s “Public Opinion Control Center” can arrange a mass Chinese “Internet Army” (say 100,000 people) to listen to a Taiwanese webcaster and each to pay the webcaster a small amount of money to influence the webasterc. Collectively however, the webcaster receives a large amount of money and it is hard to trace the money source.

Source: Epoch Times, June 7, 2023
https://www.epochtimes.com/gb/23/6/7/n14011845.htm

Reports | | |   @CS Defense/Military Geo-Strategic Trend

Xi’s Speech Revealed Beijing Is Preparing for the Possibility of Being Excluded from the International Market

Xinhua reported Xi Jinping’s visit to Inner Mongolia from June 6 to 9. In one speech he gave, Xi stated that China’s talk of domestic economic circulation (focusing on the domestic economy) is the strategy when China is excluded from the international market, indicating that the top Chinese leaders are discussing and preparing for such a possibility.

The Xinhua report said:

In the midst of various foreseeable and unforeseeable “storms” and “turbulent waves,” the most important thing for us is to do well is our own thing. General Secretary Xi Jinping gave important words to use: “To build a new (economic) development pattern, the first thing is to get the major domestic circulation right, which is the fundamental solution. (Talking about a) ‘double circulation’ economy (business with other countries and business within China) is not to close the door (of China), but rather when others do not open the door to us, we can still live and live better. We open our door. Whoever comes to cooperate with us is welcome.”

General Secretary Xi Jinping talked about the road to (China’s) rejuvenation under the new situation: “Some countries want to do hegemony; they want to do monopoly, and want us to follow them as their vassals. Our Chinese nation must revive! We must continue to overcome difficulties and go to the next level!”

Source: China’s Government Site, June 10, 2023
https://www.gov.cn/yaowen/liebiao/202306/content_6885568.htm

Briefings | | |   Economy/Resources Government/Politics