Daily Great Epoch news on January 24, 2025:
Amid the economic downturn in mainland China, saving money during the Lunar New Year has become a hot topic. During the annual holiday travel rush, there have been reports of crowded hard-seat train carriages while high-speed train compartments remain empty.
Five years after Wuhan was locked down at the origin of the COVID-19 pandemic on January 23, 2020, the collective trauma of Wuhan residents is being remembered and reflected upon.
Renowned Chinese artist and retired teacher from Sichuan Fine Arts Institute, Ye Yongqing, was accused of plagiarism by Belgian artist Christian Silvain in 2019. After losing the lawsuit in August 2023, Ye was ordered to cease infringement, issue a public apology, and pay a fine of 5 million RMB. Ye appealed to the highest court, but the verdict was upheld recently.
Continuing the turbulence within Communist Party military industrial establishments, former top official of China Ordnance Industry Group Harbin First Machinery Group Co., Ltd., Xue Jiangguo, has been investigated.
Headquartered in Beijing, leading children’s programming company and listed corporation Tong Cheng Tong Mei has reportedly vacated its premises, closing down nine campuses in Zhengzhou.
Residents living near Shenzhen’s Huanggang Port have been disturbed by late-night border crossings, leading to online complaints and suggestions to cancel 24-hour operations.
Recent announcements from Chinese semiconductor companies listed on the A-share market indicate that 57 firms are projecting decreased performance or potential losses for the previous year due to declining market demand and intense competition, with 30 of them expecting continued losses.
China’s lithium industry leader, Tianqi Lithium Industry, anticipated an unprecedented net loss of up to 8.2 billion RMB in 2024, marking a significant downturn in their financial performance.
The sudden appointment of Shi Haoyong as Secretary of the Political and Legal Affairs Committee of the Fujian Provincial Party Committee has raised concerns about potential covert operations against Taiwan, given Fujian’s strategic location on the frontlines of cross-strait relations.
As Beijing announces plans to inject insurance funds into the stock market, experts caution investors to exit quickly, citing the inherently conflicting nature of safe funds like social security and pension being used in high-risk stock investments to prop up the economy.
On January 20, a “Communist Virus Five-Year Anniversary Protest” was held in front of the Chinese Consulate in San Francisco to commemorate the outbreak of COVID-19 and Martin Luther King Jr. Day, organized by the Chinese Democratic Party and China Democratic Education Foundation.
Despite official claims of injecting billions of RMB as long-term capital into A-shares annually, market response remains lackluster as China’s economy falters.
Following the report from the Central Commission for Discipline Inspection on the investigation of former Chairman of the Tibet Autonomous Region, Qizhala, rumors have surfaced about the detainment of his son, with signs of his downfall dating back to 2021.
A recent paper by a mainland Chinese avian flu expert on H5N1 bird flu from ten years ago has mysteriously disappeared after being briefly introduced on social media. Industry insiders have revealed the existence of H5N1 patients in the current wave of epidemics in mainland China, in addition to officially reported H1N1 subtype cases.
The deep cleansing of the government in Ji’an City, Jiangxi Province has seen a string of high-ranking officials surrendering themselves, including the Deputy Director of the Standing Committee of the People’s Congress Xiao Bing, former director of the Finance Bureau Jin Qiang, Deputy Director of the Public Security Bureau Luo Minqiang, and Director of the State-owned Assets Supervision and Administration Commission Lou Zhiwen.