Must-see for climbing over the wall: High-speed collapse, cars fall and stack up burning.

【Epoch Times, May 2, 2024】Epoch Times compiles essential articles for readers to scale the wall every day:

Collapse of Guangdong Expressway, Scene Tragic, Media Personalities Express Sadness and Indignation

Around 2:10 am on May 1, a section of the Meilong Expressway in Guangdong province suddenly collapsed. The collapsed road surface was approximately 17.9 meters long with an area of about 184.3 square meters. Numerous vehicles fell off the road, some exploding and catching fire, creating a scene of dark smoke billowing, flames shooting up, and many cars burnt to husks. The number of casualties from the accident continues to soar.

Beijing and Tianjin Lift Purchase Restrictions, Analysis: Running Out of Tricks, Prices Must Fall

China’s economy currently faces multiple challenges such as a real estate crisis, overcapacity, and weak consumption. Recently, after a decision by senior Chinese Communist Party officials, both Beijing and Tianjin relaxed restrictions on the property market. Many believe this move confirms the overcapacity in the Chinese real estate market and the stagnant property sales. Experts and industry insiders agree that the authorities have exhausted their tricks and any new policies will not stop the downward trend in the property market.

After Three Days of Protests, Virologist Zhang Yongzhen Temporarily Returns to Shanghai Laboratory

Recently, the forced closure of renowned Chinese virologist Zhang Yongzhen’s laboratory in Shanghai caused a stir. Zhang Yongzhen and his team managed to return to the laboratory temporarily after three days of protests.

Li Jingyu: ‘The Turmoil of Soaring Gas Fees’ Reflects Fundamental Issues in China

For the majority of people around the world, trust in gas, water, electricity fees, and phone bills should be common sense in daily life, unless there are anomalies. Few people would meticulously analyze various utility fees every month.

Second-Hand Housing Prices in 100 Chinese Cities Continue to Drop for 24 Consecutive Months, Market Continues with Price Reductions to Boost Sales

The Chinese real estate market remains sluggish. Latest data shows that second-hand housing prices in 100 cities have fallen for 24 consecutive months, with a year-on-year decline of 5.38%.

Pew Research Finds Increasing Number of Americans View Communist China as an Enemy

A survey by the Pew Research Center indicates that an increasing number of Americans see China (the CCP) as an enemy and believe that constraining Beijing’s hegemony and influence should be a top priority in US foreign policy.

Canadian Intelligence Chief: CCP Increasing Efforts to Steal Technology

David Vigneault, Director of the Canadian Security Intelligence Service (CSIS), warned that the activities of the Chinese Communist regime to steal technology in Canada have expanded from targeting government agencies to increasingly focusing on academia and the private sector.

US Bans Certification of Wireless Equipment from Huawei and ZTE

Officials from the Federal Communications Commission (FCC) informed Reuters on Wednesday, May 1, that the commission is taking action to prevent foreign companies believed to pose a threat to US national security, such as Huawei and ZTE, from certifying wireless equipment in the US.

Analysis: Several Things the CCP Most Fears if Trump Returns to the White House

Sources familiar with the thinking of senior Chinese officials reveal that Chinese officials are quietly preparing for Trump’s (Donald Trump) potential return to the White House and potential new twists in US-China relations.

10.

Military Industry High-Level Reshuffle Before the Third Plenary Session of the 20th Central Committee of the CCP

At the meeting of the Central Political Bureau of the CCP on April 30, it was announced that the long-delayed Third Plenary Session of the 20th Central Committee is scheduled to be held in July. On the same day, Cheng Fubo took office as the new Chairman of China Ordnance Industries Group, while the previous Chairman, Liu Shiquan’s whereabouts are unknown. Recently, there have been changes in the top officials of several military industrial enterprises implicated in the ballistic missile base case.

11.

Wang He: The Hazards Behind China’s Broad Money Exceeding 30 Trillion

Unintentionally, the Chinese Communist Party has once again set a global record in the financial sector: according to central bank data, by the end of March, China’s broad money supply (M2) balance reached 304.8 trillion yuan, making China the only country in the world with a broad money supply exceeding 30 trillion.

12.

TikTok Employees Questioned Separately When Entering the US

Recently, TikTok employees attempting to enter the US were singled out for questioning by US Customs, asked if they had access to sensitive US data and if they were members of the Chinese Communist Party. Many of these employees are Chinese.

13.

Security Details for Upcoming Visit of CCP Leader to Hungary Leaked in Advance

CCP leader Xi Jinping, on a trip to Europe from May 5 to 10, will visit France, Serbia, and Hungary. The pro-CCP Hungarian government is making extensive preparations for Xi’s visit. Despite the permission for Chinese police to patrol in the country, reports from the area indicate that Budapest will be closed due to Xi’s visit. Security for Xi’s trip is becoming increasingly stringent.

14.

Chinese Diamond Market Sluggish, Diar Group’s Performance Plummets, Massive Store Closures

The Chinese diamond consumer market continues to decline, with the well-known diamond ring brand DR (Darry Ring) parent company, Diar Group, recently reporting a 90% drop in net profit in 2023, leading to the closure of 184 stores. As the market remains depressed in the first quarter of this year, the company continues to shut down stores.

15.

As the Economy Dips, Saving Partnerships Become a Trend Among Chinese Women

The bleak economy and high unemployment rates in China have left people anxious about the future. “Saving partnerships” have emerged on social media platforms, where individuals join groups to encourage each other, reduce consumption, and save together with strangers. The high savings rate will become a major challenge for the CCP to revitalize the economy.