China 2021 Outlook: The CCP’s ‘Berlin Wall’ Moment Beckons
◎ Presenting our China 2021 outlook.
SOCIAL WATCH

Risk Watch: Tax Probe of China’s Entertainment Industry Could See Shakeup of Film Stars
◎ Xi now appears to be closing in on the entertainment industry.

Society Watch: Fan Bingbing Tax Evasion Probe and China’s Political Situation
◎ Fan Bingbing’s alleged “yin-yang contracts” have stirred a huge uproar in China.

Risk Watch: China’s Banking Regulator Plans to Supervise Financial Data
◎ On March 16, the CBRC issued a document soliciting views on guidelines for its governance of financial institution data.

Focus Watch: Decoding Mainland Chinese Media’s Unusual Reporting on Military Veteran Murder Case
◎ Social anger towards the authorities has resulted in fatalities.

Risk Watch: China’s Social Security Ministry in Deficit, Has Less than a Year of Pension Funds in 13 Regions
◎ The HRSS pension fund deficit is a ticking time bomb for the Chinese authorities.

Political Risk Watch: Xi Slams Bureaucratism After Beijing Residents Protest
◎ Over a hundred residents of Beijing Chaoyang District’s Feijia Village marched in the streets on Dec. 10 to protest the Beijing municipal government’s forced eviction of the “low-end population” from the city.

Political Risk Watch: Chinese Netizens Liken Beijing Migrant Eviction to ‘Anti-Chinese’ Discrimination Abroad
◎ Eviction campaigns like the one in Beijing will exacerbate the already very intense social conflicts and heighten political risk across China’s provinces.

New York Stock Exchange-listed Chinese Education Group Faces Allegations of Child Sexual Abuse
◎ Mainland Chinese press has been carrying reports of child abuse by a kindergarten run by RYB Education since Nov. 22.

Legal Watch: Falun Gong Adherent Acquitted in Spiritual Practice’s Birthplace
◎ How the Xi administration handles the Falun Gong issue will be an important benchmark of his dedication to legal reform.