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Chronicle TIMELINE

A chronological, causal record of the resistance, major political crises, and contemporary truth.

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Baoshang Bank Went Bankrupt After Being Taken Over in 2019; Over 150 Billion Yuan Occupied by the Tomorrow Group Was Essentially All Lost

2019.05.24 ·Verified ·Importance IV ·Sources 3 ·China

After being taken over in 2019, Baoshang Bank announced bankruptcy. The top cause of death was that more than 150 billion yuan occupied by Tomorrow Group shareholders was essentially all lost; personal deposits were fully protected, large interbank claims were covered at an average of about 90 percent, and 6.5 billion yuan in Tier 2 capital bonds was written down in full.

US Places Huawei on Entity List

2019.05.15 ·Reported ·Importance V ·Sources 2 ·United States

On May 15, 2019 (US Eastern Time), the US Department of Commerce added Huawei and 70 subsidiaries to the Entity List; HiSilicon president He Tingbo subsequently sent an internal letter saying that the "backup" had "become primary."

US FCC Rejects China Mobile's Application to Operate in the US

2019.05.09 ·Verified ·Importance IV ·Sources 2 ·United States

The US Federal Communications Commission rejected China Mobile International Limited's application to operate in the United States, citing concerns that China Mobile is susceptible to exploitation, influence, and control by the CCP.