China in Focus (Nov. 24): China Corporate Default Crisis Deepens

NTD Newsroom
By NTD Newsroom
November 24, 2020China in Focus
share

More and more companies and banks in China cannot pay their million-dollar debts and interests. Are they too big to fail?

A Chinese green card holder proudly believes China is ruining the United States, even though he got his sociology doctorate after graduating from a U.S. college.

A severe traffic accident in northern China. Over 40 vehicles collided, including a 34-ton methanol tanker. More than 10 cars caught on fire.

Chinese state-run media paid U.S. media outlets millions to run pro-Beijing content. Some of them stopped running such inserts earlier this year.

And three countries joined the U.S. initiative “Clean Network,” making the total number now exceed 50. The initiative is to purge Chinese companies from 5G networks across the world.

Subscribe to our YouTube channel for more first-hand news from China.
For more news and videos, please visit our website and Twitter.

China in Focus Weekly Newsletter
Find out what's really going on in China
By registering for the newsletter, you agree to the Privacy Policy.
Comments