President Joe Biden expressed that either he or the military may be opposed to a reported trip by House Speaker Nancy Pelosi to Taiwan, the self-ruled island that Beijing views as its own. “Well, I—I think that—the military thinks [that] it’s not a good idea right now, but I don’t know what the status of…
Biden Says Pelosi’s Taiwan Visit ‘Not a Good Idea,’ One Day After China Issues Threat
Biden Says Pelosi’s Taiwan Visit ‘Not a Good Idea,’ 1 Day After China Issues Threat
President Joe Biden expressed that either he or the military may be opposed to a reported trip by House Speaker Nancy Pelosi to Taiwan, the self-ruled island that Beijing views as its own. “Well, I think that—the military thinks it’s not a good idea right now, but I don’t know what the status of it…
Chinese-Made Vehicle GPS Tracker Has ‘Severe Vulnerabilities’: Report
A popular Chinese-made automotive GPS tracker used in 169 countries has “severe vulnerabilities,” posing a potential danger to highway safety, national security, and supply chains, according to new research by a Boston-based cybersecurity firm. BitSight said in a press release it discovered six “severe” flaws in the MV720 GPS tracker, a hardwired device manufactured by Chinese company…
Senate to Vote on Semiconductor Bill Aimed at China Competition
News Analysis The U.S. Senate aims to pass legislation this week to boost the United States’ domestic semiconductor industry and improve competitiveness with China amid a global supply chain crisis. “We need to move quickly,” said Senate Majority Leader Chuck Schumer (D-N.Y.) on July 18. “Without these incentives from Congress, the capital investment required for…
House Democrats Block Legislative Amendment to Prevent US Oil Sales to China
House Democrats have blocked a Republican effort to prevent the Biden administration from selling oil from the United States’ strategic reserve to entities with ties to the Chinese Communist Party. Rep. David Valadao (R-Calif.) offered an amendment as a motion during a House floor debate on July 20, to recommit a legislative spending package (H.R.8294)…
US Must Defend Taiwan From China’s ‘Evil Dictatorship’: Rep. McCarthy
Members of the Congressional China Task Force met with Taiwan’s ambassador July 20 to discuss how the United States could best prevent an invasion of the island by Chinese Communist Party (CCP) forces. Republican leadership took the opportunity to underscore the threat posed to the United States by the CCP’s authoritarianism, and to outline why…
$50 Billion: Wealthy Chinese Want to Leave China; More Banks Freeze Withdrawals in China
Wealthy Chinese are leaving China—or at least planning on leaving—as they cannot stand the draconian COVID measures. But will Chinese leader Xi Jinping allow it to happen if that means billions of dollars in cash go out of China amid the contractions and poor economy? Meanwhile, more banks in China suspend bank withdrawals using various…
‘Pure Evil’: Lawmakers Demand End to Chinese Regime’s 23-Year-Long Persecution of Falun Gong
The Chinese regime’s unrelenting campaign to eradicate Falun Gong is “pure evil” and must end, according to Rep. Scott Perry (R-Pa.). “The Chinese Communist Party’s decades-long persecution of the Falun Gong, which includes targeted organ harvesting of its people, is pure evil and we must do everything we can to stop it,” Perry said in…
Where in the World Is China’s Military? Part 2
News Analysis Part one of this two-part series discussed the known and possible locations where the Chinese Communist Party’s (CCP) People’s Liberation Army (PLA) is building bases. This article will examine indicators of future PLA basing locations and look at CCP/PLA quasi-military groups that operate outside the mainland. Agreements A fully operational base is the clearest…
SEC Chief Says It’s Unknown If China Can Avoid Its Companies Being Delisted From US Markets
U.S. Securities and Exchange Commission Chairman Gary Gensler said he’s unclear about the prospect of reaching a deal with Beijing to prevent the mass delisting of Chinese companies whose shares are traded on American stock exchanges. In a July 19 interview with Bloomberg, Gensler said the authorities in China are the ones who will ultimately…
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