China

China Accuses Congress of Banditry Over TikTok Bill – HotAir

China seems to be gearing up for a fight to preserve its effective control of TikTok. Yesterday a Chinese foreign ministry spokesman compared Congress to bandits. At a news conference in Beijing on Thursday, Chinese foreign ministry spokesman Wang Wenbin said the vote on the bill “runs contrary to the principles of fair competition and […]

I Want to Make TikTok American Again – HotAir

This sounds like a script out of Hollywood — one that Steve Mnuchin himself might have produced. Here’s the pitch: A multi-billionaire with too much time on his hands decides to buy out a social-media platform to save free expression and civil rights in America. Along the way, he meets zany characters like, er, Chinese […]

Another Major Chinese Property Developer Is In Trouble – HotAir

First it was Evergrande, then it was Country Garden, now China’s #2 property developer by sales volume is in trouble. On Monday, Vanke’s was downgraded to junk status by Moody’s. Moody’s said on Monday it withdrew Vanke’s ‘Baa3’ rating which is the lowest of Moody’s investment grade ratings, and assigned ‘Ba1’ corporate family rating (CFR). […]