Category: US-China relations

Exiled Chinese Businessman Guo Wengui Arrested on $1 Billion Fraud Charges

March 15, 2023
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NEW YORK—U.S. prosecutors have arrested exiled Chinese businessman Guo Wengui, accusing him of orchestrating a scheme to defraud over $1 billion from his online followers. Guo, also known as Miles Guo, faces an 11-count indictment charging him with wire fraud, securities fraud, bank fraud, and money laundering, according to a Justice Department statement. U.S. authorities…

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‘Subordinate to the US’: Former PM Savages Labor Government Over AUKUS Deal

March 15, 2023
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Former Prime Minister Paul Keating has savaged senior Labor Party ministers for continuing with the AUKUS deal while claiming it will make the country “subordinate to the United States.” The former leader of the nation launched multiple salvos during an address to the National Press Club just a day after details of AUKUS were unveiled…

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Don’t Fear Central Bank Digital Currency, Embrace It Instead

March 15, 2023
Business & MarketsBusiness ColumnistsCBDCcentral bank digital currencyChinaChinese RegimecryptocurrenciescryptocurrencyCryptose-CNYeconomic policiesEditorialsEpochTV ReviewsInvestmentMarketsOpinionSocial IssuestechnologyThreat from Communist ChinaUncategorizedUS-China relations
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Commentary Last week, South Dakota Republican governor Kristi Noem rejected a bill (HB1193) to update the Uniform Commercial Code (UCC) with her own unique “brand” of veto. The veto came because Noem opposed the bill’s language outlawing Bitcoin and other cryptocurrencies, but allowing a central bank digital currency (CBDC), which is issued by governments. Noem…

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Trump’s Competitors Seek to Set Themselves Apart Without Scorning MAGA

March 15, 2023
2024 electionAMERICACCP VirusChinacongressCPACdesantisExecutive BranchNational SecurityPolicies & ImpactsPoliticsPompeoRepublicansSocial IssuesThreat from Communist ChinaTrumpUSUS FeaturesUS NewsUS-China relationsVaccines & Safety
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News Analysis As more Republicans challenge Donald Trump in the race for the party’s 2024 presidential nomination, the former president’s dramatic impact on the GOP is becoming clearer. Everyone from Nikki Haley to Vivek Ramaswamy has sought to link themselves to “America First,” as they court Trump’s Make America Great Again (MAGA) movement. Those Republicans hopefuls…

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Former Transportation Committee Chairman Warns China Could ‘Weaponize’ Dominance Over Shipping

March 15, 2023
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Former House Transportation Committee Chairman Peter DeFazio has sounded the alarm over China’s control of the shipping industry, warning that the Asian superpower could “weaponize” its dominance against the United States. Currently, China controls a vast proportion of shipping vessels and equipment, while the United States has lagged behind in its control of shipping. Speaking…

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CCP Doing Nothing to Stop Drug-Precursor Sales to the US

March 14, 2023
cartelsChinaDan NewhouseFentanyl TraffickingMexican governmentopen bordersOpinionprecursor chemicalsSocial Issuesthe Chinese Communist Party (CCP)Thinking About ChinaThreat from Communist Chinatodd robinsontranqUS-China relations
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Commentary Roughly 90 percent of fentanyl deaths in the United States can be traced back to China, with Mexican drug cartels turning Chinese precursor materials into finished products. However, the Chinese Communist Party (CCP) is doing nothing to stop the sale of Chinese chemicals to the cartels. “At the very top of this lethal food…

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China ‘Sanction Proofing’ its Economy From US: Expert

March 14, 2023
ChinaChina Business & EconomyChinese Communist PartyChinese RegimeTaiwanTemuTikTokUS-China relations
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According to Anders Corr, publisher of the Journal of Political Risk, China is ‘sanction proofing’ its economy from the United States in preparation for the potential invasion of Taiwan. After the 14th National People’s Congress, the nation’s top legislature, closed its first session on March 13, China’s premier Li Qiang said that China would align…

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Britain’s National Cyber Security Centre Assessing TikTok, Security Minister Says

March 14, 2023
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Security minister Tom Tugendhat on Tuesday confirmed he has asked the National Cyber Security Centre (NCSC) to assess the “challenges” posed by apps such as TikTok. It comes one day after Prime Minister Rishi Sunak told the BBC that ministers “take security of devices seriously” and are looking at “what our allies are doing” with regard to the Chinese…

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China’s Imports and Exports Fell in January-February, Manufacturing Exports Fell Across the Board

March 14, 2023
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China’s General Administration of Customs released import and export figures for the first two months of 2023 on March 7, admitting that imports and exports had fallen year on year (YOY) and manufacturing exports had fallen across the board. According to the official data, China’s exports fell 6.8 percent from a year earlier to $506.3…

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Checking the CCP’s Power Is a More Vital US Interest Than Helping Ukraine: DeSantis

March 14, 2023
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Gov. Ron DeSantis (R-Fla.) said Monday that checking the Chinese Communist Party’s (CCP’s) power is a more vital U.S. national interest than helping Ukraine in its conflict with Russia. His comments were echoed by some of his fellow potential 2024 GOP presidential nominees. DeSantis has not officially announced his 2024 candidacy, but he made his foreign…

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