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[China Watch] Collapse of China’s Land-Dependent Fiscal Model: Self-Sufficiency Drops to 56%, Tax Shortfalls Squeezed from Corporate Coffers
[Land Revenues Plunge 31.5%, PMIs Shrink Across the Board; 80 Listed Companies Hit with 6 Billion Yuan in Back Taxes]The financial lifelines of China’s local governments are drying up. In the first half of this year, local government revenues reached only 6.8807 trillion yuan against expenditures of 12.2111 trillion yuan. Meanwhile, land sale revenues—which historically offset such shortfalls—plunged by 31.5%. Amid mounting fisc...
2026-08-05 추부길
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Has Mojtaba’s Hideout Been Tracked? Trump: “Last Chance for Iran Before Decapitation”
[Trump: “This is truly the last chance”… US and Israel highlight Iran’s three critical vulnerabilities]US President Donald Trump has issued a virtual ultimatum to Iran, calling it their "last chance". Coincidentally, sensitive intelligence regarding the survival status of the in-hiding Mojtaba Khamenei, Iran’s remaining inventory of ballistic missiles, and the operation status of the underground nuclear facility at ...
2026-08-05 추부길
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"South Korea is a Dagger Aimed at China's Heart"—Beijing Left Reeling
[Le Monde: "Humphreys' Transformation… From Anti-North Korea Defense Line to Strategic Outpost Against China"]“South Korea is a dagger plunged into the heart of Asia.”Beijing was left reeling by this single remark from General Xavier Brunson, Commander of United States Forces Korea (USFK) and the United Nations Command (UNC). China strongly protested, asserting that the United States is attempting to utilize South Korea not...
2026-08-04 추부길
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Batterred Iran Eventually Abandoned Hamas… Signing the Disarmament Document Was a 'Surrender of Frustration'!
[Hamas Finally Surrenders… The Real Reason for Laying Down Arms Is 'Iran's Collapse']Hamas has finally signed a document accepting disarmament for the first time since its founding. It has voluntarily laid down the path of armed struggle, which served as the group's raison d'être for decades. However, the essence of this signing is not a resolution toward peace, but rather a "surrender of frustration"—an adm...
2026-08-04 추부길
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Iran Bows Down Just Before US Airstrikes… "Continuing the War Endangers Even Regime Survival"
[Trump: "Canceled strikes at Iran's request"... Iran's desperate choice]Just before large-scale US and Israeli airstrikes were executed, Iran returned to the negotiation table. US President Donald Trump stated that Iran and several Middle Eastern nations requested a suspension of attacks, claiming a "broad framework for a deal" had been established, and that he subsequently called off the scheduled military operation for now. The core con...
2026-08-03 추부길
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[China Watch] Recorded and Tracked Upon Arrival in China?… Shocking 12,000-Foreigner ‘Surveillance Net’
[Passports, Facial Recognition, Movements, and Even Social Networks… The Chinese Police’s Foreign Surveillance System]Upon entering China, it is not merely foreigners' passports and faces that are recorded. Where they live, whom they travel with, which shopping malls and restaurants they visit, and even their religious affiliations and hospital medical records are integrated into a single public security dashboard. Discovered in ...
2026-08-03 추부길
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[China Watch] What Xi Jinping Fears Most: “It Has Finally Erupted!”
[North China Groundwater, South-to-North Water Diversion, and Food Import Reliance Pressuring China's Heartlands]The true threat that the Xi Jinping regime should fear is not merely military tension in the Taiwan Strait or the U.S. high-tech containment. It is the fact that China's entire industrial and agricultural heartland in North China—including Beijing, home to the Communist Party of China (CPC) leadership and the People's...
2026-08-02 추부길
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Ukraine Strikes One of Russia’s Largest Refineries Again… Flares of War Engulf Deep Rear Facilities
[From Oil Refineries to E-Commerce Logistics: Ukraine Expands Deep Rear Operations]Ukraine's long-range drones have targeted two vital arteries sustaining Russia's war economy simultaneously. Following a massive fire at the Volgograd Oil Refinery—one of the largest in southern Russia—drone warnings and explosions shook Tatarstan, where major logistics hubs for Wildberries and Ozon are concentrated. The targets lie up to $1,300...
2026-08-02 추부길
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[World at a Glance] 6 Key Issues in the First Week of August 2026: "Why We Need a Global View Has Never Been Clearer!"
A potential ceasefire surfaced in the Gaza Strip, while tensions flared in the Red Sea over vital energy transit routes. Global stock markets pinned their hopes on artificial intelligence once again, yet AI revealed its dual nature as both an engine of economic growth and a new security threat. Meanwhile, warning lights flashed for the Chinese economy yet again. Here is a glance at the six key issues that shaped the world in the first week of Aug...
2026-08-01 추부길
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"Accursed August" Approaches… Putin Faces Worst Crisis in His 26-Year Rule
[Largest Drop in Approval Ratings, Consecutive Strikes on Russian Mainland, Allegations of Kremlin Defections]Ahead of August, which Russians refer to as the "accursed month," President Vladimir Putin's 26-year regime is coming under unusual pressure. With even pro-Kremlin opinion polls recording the largest weekly drop in approval ratings since the full-scale invasion of Ukraine, Ukrainian strikes targeting oil refineries and logistics netwo...
2026-08-01 추부길
