China in Focus: China’s Finance Model Likened to Fraud Scams


Source: theepochtimes.com theepochtimes.com

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Print China ’s vice president spoke of the Ponzi scheme, not referring to private companies, but to the country’s whole financial system. China’s internet censorship blocks websites most people in the West can’t imagine going without. That even includes Wikipedia. Chinese police took one netizen into custody after they caught him browsing the site in his home. China is threatening war with Taiwan and the U.S. But China’s Ministry of National Defense says otherwise. Taiwan updated its law to say no to China’s sand dredgers. And China will finally pay the price for sand theft from Taiwan seas. And Chinese...