Blizzard in Midsummer China; No more credit card for HK officials; Xi’s Marxism

Joshua Philipp

Joshua Philipp is senior investigative reporter and host of “Crossroads” at The Epoch Times. As an award-winning journalist and documentary filmmaker, his works include “The Real Story of January 6” (2022), “The Final War: The 100 Year Plot to Defeat America” (2022), and “Tracking Down the Origin of Wuhan Coronavirus” (2020).

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August 18, 2020Updated: August 31, 2020

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In Gansu Province, the floods reached three stories high, and the wooden homes of many villagers collapsed. The province is among the hardest hit by the floods along the Yangtze River, which is already seeing a fifth wave of the floods, despite the fourth wave still not being over.

Meanwhile, the chairman of the China Banking Regulatory Commission, Guo Shuqing, is warning of a potential global financial crisis and is blaming the United States for impacting the US dollar through a Federal Reserve stimulus, and for blacklisting Chinese companies and entities.

And in a recent article, Xi Jinping, the head of the communist party in China, said “The foundation of China’s political economy can only be a Marxist political economy, and not be based on other economic theories.

These stories and more in this episode of Crossroads.

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