RESCUERS dug through rubble for a second freezing day today after overnight temperatures plunged well below zero, with the death toll in China’s deadliest earthquake in years rising to 131.

State broadcaster CCTV said at least 113 people were killed in north-western Gansu province and 18 more in neighbouring Qinghai after a shallow tremor on Monday night damaged thousands of buildings.

State media characterised the rescue effort as a “race against time” because of a cold wave sweeping across China. The high-altitude area where the earthquake hit reported temperatures of -14C on Tuesday morning.

“Based on past rescues, the biggest difficulty of this operation is the local low temperature,” said Wang Duo, a team leader from the Gansu Houtian disaster rescue centre, according to China News Weekly.

The death toll rose on Tuesday morning as rescuers reached affected areas. Gansu authorities said 113 people had died in the province, with 397 people injured. Qinghai reported 13 dead, 182 injured, and 20 still missing.

It is the deadliest earthquake in China since the 2010 Yushu quake hit Gansu and Qinghai, which measured 6.9 and killed at least 2,698 people.

prudentinvestor, you are welcome to open any forum topic that you are interested in.

Cold weather is hampering rescue efforts after an earthquake in China’s Gansu and Qinghai provinces that killed at least 126 people and injured more than 500.

The strong shallow earthquake struck shortly before midnight on Monday, sending residents fleeing outside into below-freezing temperatures. Thousands of houses have been reported damaged, and state media said public infrastructure had been damaged “to varying degrees”.

China earthquake: rescue efforts hampered by cold weather
Officials say at least 126 killed and more than 500 injured after 6.2-magnitude quake in Gansu and Qinghai provinces

I was only suggesting to you that if you don't want to hear different voice it is better for you to read only The People Daily and visit CCP website. For sure there is no different voice.

Nobody stopping you posting any information that mentioned by you. You could also post People Daily news as and when you like.

China’s Gansu and Qinghai provinces earthquake linked to DPP is real power crazy silly dog.

Deadly Earthquake Kills More than 120, Injures Over 700

https://youtu.be/8eH3fL4VG3k?si=eo8a6RDxlga9w0Wt

https://www.youtube.com/live/G8hb0Z1pDb8?si=u2zwuDs8IdXTTaqJ

China Earthquake 2023 Live | Earthquake Of Magnitude 6.2 Hits Northern China Kills 100 People | N18V

https://www.youtube.com/live/G8hb0Z1pDb8?si=u2zwuDs8IdXTTaqJ

Houses collapse after 6.2-magnitude earthquake hit China

https://youtu.be/UCZxucQqYk8?si=RffsgWPtAYLR_sjl

Deadly earthquake hits China's Gansu province

https://youtu.be/urlASLAf_EE?si=DmZCNE8Jb-K9-uqR

Cold weather is hampering rescue efforts after an earthquake in China’s Gansu and Qinghai provinces that killed at least 118 people and injured more than 500.

The strong shallow earthquake struck shortly before midnight on Monday, sending residents fleeing outside into below-freezing temperatures. Thousands of houses have been reported damaged, and state media said public infrastructure had been damaged “to varying degrees”.

The death toll rose on Tuesday morning as rescuers reached affected areas. Gansu authorities said 105 people had died in the province, with 397 people injured. Qinghai reported 13 dead, 182 injured, and 20 still missing.

From the real estate bubble to banking crisis, only the CCP could make it worse than third-world nations.

China's Hywin hits record low over missed payments amid property woes

BEIJING/NEW YORK, Dec 15 (Reuters) - Shares of Chinese wealth manager Hywin Holdings Ltd. fell by nearly 18% to a record low on Friday after it said that it has been unable to promptly fulfill client redemption requests.

While Hywin is a small player with total assets of 2.37 billion yuan ($328 million) as of the end of June, company documents showed, its troubles show how China's faltering property sector is causing strain throughout the financial system.

Hywin, whose products are primarily invested into real estate, announced on Thursday that asset managers for some products the company distributes were unable to reach an agreement with "relevant clients" to defer their redemption requests. Failure to resolve these redemption issues could "materially and adversely" impair its reputation, client relationship, business, financial condition and prospects, Hywin said.

Posted by foongsh > 2 hours ago | Report Abuse

Let the ministers go "disappearing" as long as Xi's mad tyranny of power remains in place without any trial.

It has proven that CCP member life is not important.

Any CCP minister life has no value. CCP country of practising of "disappearing"

still better than pity cheap Missing Chinese Foreign Minister Died by Suicide or Torture without trial. It was proven that CCP life has no value.

still better than pity cheap Missing Chinese Foreign Minister Died by Suicide or Torture without trial. It was proven that CCP life has no value.

Shanghai Composite 2,932.39

CCP was so useless and blamed Jimmy Lai causing the Shanghai Composite 10 year low. Lol

Hong Kong is dead due to silly Xi brought the country to wrong direction.

Jimmy Lai's trial has begun. However, the former Chinese Foreign Minister perished from torture or suicide before a trial, CCP life is worthless at all. If qqq stays in CCP, he will be treated like a spy because he was unable to master his own mother language. He's going to vanish. Lol.

Jimmy Lai's trial has begun. However, the former Chinese Foreign Minister perished from torture or suicide before a trial, CCP life is worthless at all. If qqq stays in CCP, he will be treated like a spy because he was unable to master his own mother language. He's going to vanish. Lol.

China banks step up sales of bad loans as consumer defaults rise

SHANGHAI/SINGAPORE (Reuters) - Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising consumer defaults during an ailing post-COVID economic recovery.

Issuance this year of securities backed by non-performing loans (NPLs) is set to jump about 40% from a year ago to a record, data from a ratings agency showed, as lenders rush to offload distressed assets linked to mortgage, credit card and consumer borrowings.

This week alone, six banks including China Everbright (OTC:CHFFF) Bank and Bank of Jiangsu plan to issue 1.5 billion yuan ($210.49 million) worth of asset-backed securities (ABS) based on bad loans, according to sales prospectuses reviewed by Reuters.

Both parties establish a rare consensus thanks to CCP's remarkable achievement. Lol.

"The USW welcomes today’s report and the Select Committee’s efforts to find bipartisan solutions to the Chinese Communist Party’s (CCP) ongoing economic aggression. USW members can compete against anyone on a level playing field, but too often they instead face the CCP’s illegal trade practices. Our union applauds the committee’s work to safeguard domestic industries, and in particular its acknowledgment that Permanent Normal Trade Relations with China negatively impacts American workers. The USW further welcomes the committee’s clear prioritization of common-sense enforcement tools like the Leveling the Playing Field Act 2.0, as well as reforms to the Generalized System of Preferences and renewal for Section 421 of our nation’s trade code. As workers grapple with the consequences of unfair trade, Congress must restore their access to Trade Adjustment Assistance so they can gain new skills and quickly reenter the workforce," said United Steelworkers International President David McCall. "More than 84,000 workers are waiting for their TAA petitions to be heard since the program lapsed in 2022, and we also welcome its inclusion in this report. As the committee continues to confront the CCP, the USW urges caution on a number of fronts, including any potential amendments to Section 232 tariffs, which serve as a vital part of protecting our domestic industries. While it’s not possible for the USW to endorse all of the 150 policy recommendations in the report, our union thanks the committee for its work to hold the CCP accountable and protect American workers. We look forward to working with Congress to make many of these recommendations reality."

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

Lee KY very happy to take note CCP corrupted money flowing into Singapore after America.

Don't insult Lee KY by the name of power crazy dictator evil Xi.

Ke Lingling, ex-wife of Xi, divorced and moved to UK.
Xi Mingze , daugter of Xi, studied in US and migrated there
Qi Qiaoqiao, sister of Xi, Canada resident
Deng Jiagui, brother in-law, Canada resident
Xi Yuanping, younger brother of Xi, Australia resident
Daniel Foa, nephew-in-law of Xi, British

All silly Xi immediate family are pro-Westerns.

What they're saying about the Select Committee's report:


"The Select Committee made a bipartisan finding that giving China most favored nation treatment for trade 23 years ago was a tragic mistake. The committee calling for new higher tariffs on China is an historic event," said Ambassador Robert Lighthizer, Former United States Trade Representative. "The failed policy of the past cost millions of American workers their jobs and the country trillions of dollars of wealth. It crippled many communities and put our national security at risk. I hope the committees of jurisdiction act quickly to implement these findings and set America on a course of greater prosperity and security for all working families."

Both parties establish a rare consensus thanks to CCP's remarkable achievement. Lol.

BUILD: Invest in Technological Leadership and Build Collective Economic Resilience in Concert with Allies

PREVENT: Stem the Flow of U.S. Capital and Technology Fueling the People's Republic of China's Military Modernization and Human Rights Abuses

RESET: Reset the Terms of Our Economic Relationship with the People's Republic of China.

Select Committee Adopts Proposal to Reset Economic Relationship with The People's Republic of China

WASHINGTON, DC – The House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, led by Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL), adopted nearly 150 policy recommendations in a bipartisan report that outlines a strategy to fundamentally reset the United States' economic and technological competition with the People's Republic of China. After the adoption of the policy recommendations on an overwhelmingly bipartisan basis, Chairman Gallagher and Ranking Member Krishnamoorthi said, “With this report, the Select Committee has shown that the bipartisan will exists to meet the call of history. It embraces the clear reality that our current economic relationship with the People's Republic of China needs to be reset in order to serve the economic and national security interests of the United States, while offering nearly 150 bipartisan recommendations for Congress to legislate. Collectively, these recommendations will reset the terms of our relationship with the PRC, prevent the flow of American capital and technology from supporting its military advances and human rights abuses, and build collective economic resilience in concert with our allies and partners while ensuring American leadership for decades to come." Members of the Select Committee spent the past year investigating the CCP's decades-long campaign of economic and technological warfare. The members define three key pillars that inform each recommendation and the United States' path to correct 30 years of misguided policy: RESET: Reset the Terms of Our Economic Relationship with the People's Republic of China. PREVENT: Stem the Flow of U.S. Capital and Technology Fueling the People's Republic of China's Military Modernization and Human Rights Abuses BUILD: Invest in Technological Leadership and Build Collective Economic Resilience in Concert with Allies

Both parties establish a rare consensus thanks to CCP's remarkable achievement. Lol.

WASHINGTON, DC – The House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, led by Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL), adopted nearly 150 policy recommendations in a bipartisan report that outlines a strategy to fundamentally reset the United States' economic and technological competition with the People's Republic of China.


After the adoption of the policy recommendations on an overwhelmingly bipartisan basis, Chairman Gallagher and Ranking Member Krishnamoorthi said, “With this report, the Select Committee has shown that the bipartisan will exists to meet the call of history. It embraces the clear reality that our current economic relationship with the People's Republic of China needs to be reset in order to serve the economic and national security interests of the United States, while offering nearly 150 bipartisan recommendations for Congress to legislate. Collectively, these recommendations will reset the terms of our relationship with the PRC, prevent the flow of American capital and technology from supporting its military advances and human rights abuses, and build collective economic resilience in concert with our allies and partners while ensuring American leadership for decades to come."


Members of the Select Committee spent the past year investigating the CCP's decades-long campaign of economic and technological warfare. The members define three key pillars that inform each recommendation and the United States' path to correct 30 years of misguided policy:


RESET: Reset the Terms of Our Economic Relationship with the People's Republic of China.

PREVENT: Stem the Flow of U.S. Capital and Technology Fueling the People's Republic of China's Military Modernization and Human Rights Abuses

BUILD: Invest in Technological Leadership and Build Collective Economic Resilience in Concert with Allies

Bravo, HSI back to 1997. Lol.

Xi tells Biden that China has no plans for military action against Taiwan ‘in coming years’

China doesn’t have immediate plans of military action against Taiwan in the coming years, a US official told reporters of remarks by Chinese president Xi Jinping to Joe Biden on Wednesday during a meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in California.

Be a good boy listen to what Xi said. Lol.

S&P 500 : 4,707.09

Dow 30: 37,090.24

Philadelphia Semiconductor Index (SOX): 3,991.0

US stocks breaking new high. CCP silly stocks are bottomless. Don't go against the smart money, be a smart investor regardless what race you are.

A typical power crazy dictatorship evil. Lol.

Xiong An is one of the biggest white elephant ghost city, no wonder Moody's downgrade the local governments.

CCP ghost cities infra without proper retention ponds and drainage system. Pig also don't want stay there.

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

Most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Westerns.

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

Most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Westerns.

Posted by IDQWE001 > 1 day ago | Report Abuse

India set to overtake Hong Kong as seventh largest stock exchange – Daily Market Update – Equity 11 Dec 2023
India’s stock market is set to surpass Hong Kong to become the world’s seventh-largest, underscoring the optimism surrounding the economic potential of the world’s most populous nation. The total market capitalization of all listed companies in India stood at $3.7 trillion at the end of October, slightly trailing Hong Kong’s $3.9 trillion, according to data from the World Federation of Exchanges, a trade body.

Smart money always following market moving towards correct direction and not following CCP wrong direction.

Posted by foongsh > 1 hour ago | Report Abuse

Silly evil dictator Xi meet up with anyone also got useless due to his arrogant dictatorship.

This arrogant dictator Xi pushing all his neighbouring countries forming alliance against CCP. Bravo, well done evil.

Silly evil Xi making neighbouring countries forming alliance against CCP.

Posted by foongsh > 46 minutes ago | Report Abuse

Warren Buffett Is Turning His Asian Focus to Japan and Away From China

The God of Investment looking at the real business that generating income and not money game.

No to white elephant and bubble.