U.S. companies were involved in at least 37 percent of the total investment transactions in China’s artificial intelligence (AI) sector between 2015 and 2021, according to a new report. The report (pdf), published by the Georgetown University Center for Security and Emerging Technology, found that $40.2 billion in investment transactions into Chinese AI companies had…
US Firms Investing Billions in China’s AI Sector: Report
February 2, 2023
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AIBusiness & MarketsCCPChinaChina Business & EconomyeconomyFinance & Business TiesInternational RelationsNational SecuritySpecial TopicsTechTech CompetitiontechnologyThreat from Communist ChinaUSUS-China relations
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US Firms Investing Billions of Dollars in China’s AI Sector: Report
February 2, 2023
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AIBusiness & MarketsCCPChinaChina Business & EconomyeconomyFinance & Business TiesInternational RelationsNational SecuritySpecial TopicsTechTech CompetitiontechnologyThreat from Communist ChinaUSUS-China relations
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U.S. companies were involved in at least 37 percent of the total investment transactions in China’s artificial intelligence (AI) sector between 2015 and 2021, according to a new report. The report (pdf), published by the Georgetown University Center for Security and Emerging Technology, found that $40.2 billion in investment transactions into Chinese AI companies had…
US Expands Access to Philippines Military Bases, Boosting Deterrence Against China
February 2, 2023
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Asia & PacificCCPChinaGlobal ExpansionInternational RelationsmilitaryNational SecurityPhilippinesSpecial TopicsThreat from Communist ChinaUSUS NewsUS-China relationsWorld
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The United States has secured a deal that will expand America’s military presence in the Philippines through access to four more military bases in the Southeast Asian nation. The move, announced on Feb. 1, will shore up a critical weakness in U.S. defensive preparations for potential hostilities in the region from China’s communist regime. The agreement is…
US Secures Access to Philippines Military Bases, Improving Deterrence Against China
February 2, 2023
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Asia & PacificCCPChinaGlobal ExpansionInternational RelationsmilitaryNational SecurityPhilippinesSpecial TopicsThreat from Communist ChinaUSUS NewsUS-China relationsWorld
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The United States has secured a deal that will grant it access to four military bases in the Philippines. The move will shore up a critical weakness in the United States’ defensive preparations for potential hostilities in the region from China’s communist regime. The deal is an expansion of the Enhanced Defense Cooperation Agreement (EDCA),…
Australian Police Smashes Chinese Money-Laundering Operation, Seizing $150M Haul
February 2, 2023
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Police have smashed an organised Chinese-Australian crime syndicate and seized a record $150 million (US$107 million) of assets, including mansions, property, cash, cryptocurrency, designer handbags, and other luxury items. The Australian Federal Police (AFP) alleged the group, a global operation headquartered in Sydney, enabled multiple transnational organised crime groups to launder funds derived from criminal…
Australian Trade Minister Confident China Will Back Down on Trade Bans Amidst Thawing Relations
February 1, 2023
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In a rare move, the Chinese Communist Party appears to be backing away from its hard-line attitude towards Australia with a bilateral video conference between trade ministers scheduled for next Wednesday. This will be the first meeting between the two countries’ trade officials in three years, with the Australian Labor government confident that China is…
Australian Foreign Minister Calls on Britain to Confront Its ‘Colonial Past’
February 1, 2023
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AustraliaChinaChina-Australia RelationscolonialismEurope-China RelationsInternationalInternational RelationsPenny WongRichard MarlesSocial IssuesUKUSWorld
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The United Kingdom must deal with its colonial past so that it can strengthen ties with countries in the Indo-Pacific region, says Australia’s Foreign Minister Penny Wong. As part of her visit to the UK, the centre-left Wong delivered a speech to the King’s College in London where she spoke of how Australia eventually developed…
‘I Don’t Think China Can Tell Me Where to Go’: McCarthy Responds to CCP Warning About Potential Taiwan Visit
February 1, 2023
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CCPChinaChina Human RightscongressInternational RelationsMcCarthyNational SecurityPoliticsRepublicansSpecial TopicsTaiwanThreat from Communist ChinaUSUS NewsUS-China relations
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House Speaker Kevin McCarthy (R-Calif.) has fired back after the Chinese Communist Party (CCP) warned him not to visit Taiwan amid reports of a potential trip to the democratic island. When asked about the communist regime’s warnings that he should not visit Taiwan the way that former speaker Nancy Pelosi did, McCarthy gave a resolute…
Democrats Announce House China Panel Nominations, With Rep. Krishnamoorthi as Ranking Member
February 1, 2023
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CCPChinacongressDemocratsInternational RelationsNational SecurityPoliticsThreat from Communist ChinaUSUS NewsUS-China relations
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House Democrats have unveiled their nominations for members to sit on the House Select Committee on Strategic Competition between the United States and the Chinese Communist Party (CCP). House Minority Leader Hakeem Jeffries (D-N.Y.) announced the 11 members in a prepared statement on Feb. 1, saying that the selection of lawmakers would bring a diverse…
Asked on Beijing Allegedly Funding Candidates, Feds Say Intel Must Be Protected
The Liberal government wouldn’t say in a document tabled in the House of Commons on Jan. 30 whether the Privy Council Office (PCO) or the Prime Minister’s Office received information on the funding of federal candidates by Beijing, citing secrecy. The government filed an official response after Conservative MP Arnold Viersen submitted a written question…
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