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Pandemic: China’s “Zero” COVID Policy Hands Companies Huge Profits

A video of the talk by Huang Wansheng during a private gathering was spread on the Internet. Huang is a scholar at the Yenching Institute of Harvard University and a distinguished Professor at Tsinghua University in China.

Huang said that the Chinese Communist Party (CCP) paid $27,000 to buy a one-way ticket for him in July 2020 to go to Beijing to lead a technological pandemic prevention project “that Xi Jinping himself led directly.”

Huang said that China’s “Zero” COVID policy was driven by the CCP’s elite group to collect money. A company in China made 670 billion yuan (US $106 billion) from nucleic acid testing. Whenever a city has one or a few COVID-19 cases, the interest-vested CCP group orders the whole city to be tested so that they can make a huge profit by selling the testing kits. Forcing people to take multiple vaccine shots  serves the same purpose.

Source: Epoch Times, February 9, 2022
https://www.epochtimes.com/gb/22/2/9/n13565066.htm

China’s Biotech Companies Operating in the U.S.

Epoch Times published an article  pointing out that a growing number of biotech, genomics, and med-tech firms that have ties to the Chinese Communist Party (CCP) are operating in the United States, raising security concerns about American citizens’ medical and genetic data.

The article listed several Chinese companies as examples:

  • China’s Lepu Biopharma Co. 0pened its U.S. branch Innocube Bioscience, Inc. in Texas. Beijing’s sovereign wealth fund, the State Development and Investment Corporation (SDIC), heavily invests in Lepu.
  • BeiGene, a Chinese pharmaceutical and research firm located in San Mateo, California, conducts research on targeted molecular agents related to gene sequencing. The company’s research center in China has received significant local government funding.
  • The PLA-linked BGI Group purchased Complete Genomics, a California-based company that holds the genetic information of U.S. citizens. Several of China’s sovereign wealth funds have invested in the company.
  • The Chinese firm WuXi Pharma Tech acquired U.S. genomic information company NextCODE Health in 2015.
  • Also In 2015, IuXi Biologics, bought a stake in an American DNA testing company, 23andMe. WuXi Biologics now has locations in Massachusetts and New Jersey. Its drug plant in Delaware was built with a Chinese government grant.
  • WuXi Advanced Therapies (WuXi ATU) announced the opening of a cell and gene therapy testing facility in the Philadelphia Navy Yard in November 2021.

The article also said that U.S. money has aided the CCP’s infiltration of the U.S. bio and medical industries. Last month, Chinese firm Andon Health Co. received a $1.28 billion contract from the U.S. Army Contracting Command to supply COVID-19 self-test kits. A subsidiary of Andon, iHealth Labs, signed a contract with the New York State Department of Health in December for $120 million worth of self-test kits.

Source: Epoch Times, February 7, 2022
https://www.theepochtimes.com/ccp-investment-in-us-biopharm-and-genomics-companies-raises-security-concerns_4259581.html

Transitioning from Forced Abortions to Forced Births?

As China’s population crisis worsens, the Communist regime announced that it will intervene in the area of abortions among unmarried people.

The China Family Planning Association under the Chinese Communist Party of China released a directive titled, “China Family Planning Association’s Priorities for 2022.” It requires the development of special actions for abortion intervention among unmarried people to reduce unintended pregnancies and abortions among adolescents. In the past, the family planning agency enforced the one-child policy by forcing abortions.

According to media reports, the number of China’s annual abortions has hovered around 9.5 million over the past five years. This number came from an article published in 2021 in the Chinese Journal of Practical Gynecology and Obstetrics.

Separately, the Institute of Science and Technology under China’s National Health Commission conducted a survey in 2021 of 39,820 women who had abortions. Women under 25 who had abortions accounted for 47.5 percent. Other studies have shown that women under 20 who have abortions are becoming a significant portion  of those women who have abortions.

This comes as China is facing a demographic crisis after its birthrate has fallen for the fifth consecutive year.  Fewer babies were born in 2021 than during the Great Famine between 1959 and 1961. Beijing has directed governments at all levels to find ways to stop the population problem from worsening. The priorities issued by the China Family Planning Association have sparked concerns that women may be forced to give birth. It is estimated that there were 400 to 600 million abortions during the one-child policy between 1980 and 2015.

Sources:
1.) The China Family Planning Association, January 28, 2022
https://www.chinafpa.org.cn/tzgg/202201/t20220128_45623.html

2.)The Paper, February 9, 2022
https://www.thepaper.cn/newsDetail_forward_16629651

Reference News: U.S. Eased Trump-Era Steel Tariffs on Japan

Reference News, a well-known branch of Xinhua, recently reported that the United States said it had agreed to lift the import tariffs it had imposed on Japanese steel under the Trump administration. It was a further move after the United States reached a similar agreement with the European Union last October. This showed that the Biden administration is stepping up its efforts to strengthen economic ties with Asia-Pacific countries to counter China’s growing influence.The Biden administration officials told reporters that the deal would allow Japan to export up to 1.25 million tons of steel annually to the United States duty-free. This is similar to the level of exports in 2018 and 2019. Such arrangements will help reduce the cost for U.S. steel importers. At the same time, it will maintain tariffs that exceed the protocol levels of steel to prevent the imports from increasing. The American Iron and Steel Institute welcomed the government’s announcement. U.S. Trade Representative Katherine Tai said the deal would “level the playing field against China.” However, the current 10 percent tariff on Japanese aluminum will remain in place, while the new tariffs cover less steel than the 1.8 million tons of steel the U.S. imported from Japan in 2017, according to U.S. Commerce Department statistics. The World Steel Association’s data shows that Japan and the United States are among the world’s top steel producers behind China, the European Union and India.

Source: Reference News, February 10, 2022
http://www.cankaoxiaoxi.com/finance/20220210/2468694.shtml

CNA: Taiwan Ranked 8th in the Global Democracy Index

Primary Taiwanese news agency Central News Agency (CNA) recently reported that the Economist Intelligence Unit (EIU) just released its Global Democracy Index 2021 Report. According to the Report, Taiwan ranked 8th out of 167 countries and regions, and is the only “full democracy” regime in Asia to hold a spot in the top 10. According to the Report, the top 10 are Norway, New Zealand, Finland, Sweden, Iceland, Denmark, Ireland and Taiwan, with Australia and Switzerland tied for the ninth place. Many European and American democracies, including Germany, the United Kingdom, France, Spain, Italy, the United States, Canada, and others did not rank as high as Taiwan. Among them, France is 22nd, Spain is 24th, the United States is 26th, and Italy is 31st. They are in the “flawed democracy” category. Canada, Germany and the United Kingdom fall outside the top 10, although they are in the same “full democracy” category as Taiwan. South Korea and Japan are ranked 16th and 17th respectively. China is classified as “authoritarian” and ranked 148th. More than a third of the world’s population lives in authoritarian countries, a large number of which are in China. EIU noted that, “China has become richer, but not more democratic. On the contrary, China has become less free.” Afghanistan, Myanmar and North Korea are the three least democratic countries in the world.

Source: CNA, February 10, 2022
https://www.cna.com.tw/news/aopl/202202100357.aspx

China Times: Number of U.S. Viewers Tuned In to the Beijing Olympics Declined Sharply

Major Taiwanese news network China Times recently reported that the opening ceremony of the Beijing Winter Olympics received 16 million viewers in the United States on the NBC network. This includes the counts across all NBC platforms, including the USA Network, the NBC Sports app and the Peacock streaming service. The program was first broadcast live at 6:30 am ET and rebroadcasted during the evening highlights. This is being compared with the 2018 Pyeong Chang Winter Olympics in South Korea, when the opening ceremony attracted 28.3 million viewers on the NBC network. The Prime-time broadcast then alone attracted 27.9 million U.S. viewers to watch in front of their TVs. This year’s viewership represents a 43 percent drop from four years ago. The International Olympic Committee has been trying to save the ratings among young people for the games for years now. They have added breakdancing, skateboarding, surfing, sports climbing and other events that young people may like. They have also been adjusting the rules of some events to speed up the pace of the competition, hoping to improve the visibility of the event. NBC paid $7.65 billion for the U.S. regional broadcasting rights of the Olympics. NBC is authorized to broadcast the Olympics until the year 2032.

Source: China Times, February 6, 2022
https://www.chinatimes.com/realtimenews/20220206001996-260403?chdtv

China’s Top 100 Real Estate Companies Suffered Poor Sales in January

Jiemian News, the online news site under the Shanghai United Media Group, recently reported that in January, the sales of China’s top 100 real estate companies fell  by 40 percent year-over-year. The real estate market is still experiencing a low performance. In the meantime, top revenue segments are shrinking in size. According to data from the China Index Academy, in January, 2022, there were only 15 housing companies with sales exceeding RMB 10 billion (around US$1.57 billion), a decrease of 14 from the number in the same period last year. Only 22 housing companies had sales exceeding RMB 5 billion (around US$787 million), a decrease of 31 from the same period last year. The third camp (RMB 3 – 5 billion, US$472 – 787 million) fell the fastest. With only 20 left, with the average sales growth rate was at -33.8 percent. In January, the Chinese real estate market got off to a bad start with a sharp decline in supply and demand. In 29 key monitored cities, for the commercial housing market, supply decreased by 43 percent year-over-year, and sales decreased by 46 percent year-over-year. In the first-tier cities, the sales of commercial housing in Beijing and Guangzhou were sluggish, with a year-over-year drop of nearly half. And in Shenzhen, the decline was as high as 60 percent. Industry insiders expressed the belief that the intensified downward pressure on the market and the strong wait-and-see mood of home buyers are the main reasons for the decline in many cities. It is expected that the supply will shrink in February due to the Chinese New Year holiday and sales may continue to decline. A number of research institutions pointed out that the financing environment for housing companies in 2022 remains discouraging, and the debt repayment pressure on these companies will remain heavy in the short term.

Source: Jiemian News, February 7, 2022
https://www.jiemian.com/article/7078670.html

Chinese Student Association at George Washington University Attempted to Silence Criticism of the CCP

The Chinese Student and Scholar Association (CSSA) at George Washington University (GWU), located in Washington, DC, dragged the school into a political controversy. Some students posted an Olympic Game-themed cartoon drawing created by cartoonist Ba Duicao, a China-born Australian citizen, to show the Chinese Communist Party’s (CCP’s) human rights violations. For example, a skier dressed in China’s red national flag was shooting a person wearing an East Turkestan flag.

The Chinese Student and Scholar Association and the Chinese Culture Association at GWU protested to the school, claiming these posters spread racial discrimination and hatred and that the Chinese students felt they were insulted.

GWU President Mark Wrighton replied to the two groups in an email, saying that he would take action to find out the people who posted the posters and hold them accountable.

However, soon Mr. Wrighton realized that the CSSA had misled him. He published a statement to admit that he made a mistake in responding too quickly without knowing the full details. He concluded that the posters were a political statement but not racial in nature and so the school would not take any action against the student who posted them. He stated that he supports freedom of speech.

The U.S.-China Economic and Security Review Commission pointed out in its 2018 annual report that the CSSA’s at U.S. universities have close ties with China’s embassies or consulates in the United States and receive funding from them as well. For example, the GWU CSSA introduced itself as the “only official Chinese student association” that is “dually accredited” by the Chinese Embassy in the United States and George Washington University.

Source: Radio Free Asia, February 7, 2022
https://www.rfa.org/mandarin/yataibaodao/junshiwaijiao/rc-02072022101053.html