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SinoInsight 1 Recent news about China’s property sector hint at coming property bubble troubles. On July 6, a spokesperson from the China Banking and Insurance Regulatory Commission said that China’s balance of property trust assets totaled 3.15 trillion yuan, or 14 percent of the total trust assets balance. The spokesperson added that the property trust …

Read moreThe CCP’s trade war and economic growth rhetoric betray hidden risks; tightening property controls could cause business failure

SinoInsight 1 The July 14 homepage of Xinhua.com featured several noteworthy articles: Lead article: “Xi Jinping Tells a Story | Youyu: A 70-Year Green Relay” (习近平讲述的故事 | 右玉：绿色接力70年); Second article in the important news stories column (leftmost on homepage): “‘Do Not Forget the Original Mission’ Topic: Learn from Problems to Rectify, Implement, and Genuinely Get …

Read moreAmerica’s human rights moves and the CCP’s fears; how Xi reasserts authority through political messaging

SinoInsight 1 On July 9, Xi Jinping addressed a high-level work meeting on Party building in central Party and state institutions. Xi made the following points: Xi emphasized the Party’s leadership and the need to “strictly govern the Party” (從嚴治黨); Cadres must adhere to the guidance of “Xi Jinping Thought”; Cadres in key organs must …

Read moreThe ‘dead’ Hong Kong extradition bill and the CCP factional struggle; Xi’s boosts his authority before Beidaihe

SinoInsight 1 On July 6, the Renmin University of China hosted the 2019 International Monetary Forum. In a keynote speech at the forum, Zhou Yueqiu, director of the Industrial Finance Institute of the Industrial and Commercial Bank of China, said that it is necessary to guard against major financial risks pertaining to local government debt. …

Read moreThe CCP, not China, is an enemy of the US and the world; Xinhua unveils a new rhetorical line on ‘structural reform’

SinoInsight 1 On July 5, Xi Jinping chaired a meeting on “consolidating the achievements in the reform of Party and state institutions.” Aside from Chinese People’s Political Consultative Conference chairman Wang Yang, the rest of the Politburo Standing Committee were in attendance. Xi gave a speech where he made the following noteworthy points: Xi stressed …

Read moreXi again ‘signals a left to turn right’; China’s banking sector shows more signs of risk

SinoInsight 1 In recent weeks, various bits of information have surfaced which indicates that China’s economy has continued to worsen. Chinese finance minister Liu Kun delivered a report on China’s final accounts for 2018 during a plenary meeting of the National People’s Congress on June 26. In his presentation, Liu said that local governments cannot …

Read moreG20 ‘loser’ Xi faces increased political risks at home; Trump-Kim DMZ meeting opens door for N. Korea denuke resolution