China in Focus (Nov. 10): Hundreds of Chinese Companies in Trouble: Report

NTD Newsroom
By NTD Newsroom
November 10, 2020China in Focus
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Hundreds of million-dollar Chinese companies are in severe debt and filing for bankruptcy, due to the economic fallout caused by the CCP (Chinese Communist Party) virus pandemic.

Over 300 million Chinese people have quit the CCP and its affiliated organizations online. And Slovakia recently passed a law defining the Communist Party as a criminal organization. It’s the sixth country from the former Communist Bloc in East Europe to take action of this kind.

Confucius Institutes are part of the “United Front” network of the CCP, which has infiltrated every level of U.S. society.

The United States is fighting back, imposing sanctions on four more Chinese officials in Hong Kong.

And who will win the U.S. presidential election? This will have a major impact on China’s fate.

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