News Analysis News that Chinese communist leader Xi Jinping would assume a third term in power sent markets into a dive on Oct. 24, marking a broader pessimism that the leader’s policies will have negative consequences for the global economy. Investors in the Chinese market wiped nearly 10 percent off the value of internet giants…
Chinese Markets Fall as Xi Stacks CCP With Loyalists
October 24, 2022
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Business & MarketsCCPChinaChina Business & EconomyChinese RegimeeconomyFinance & Business TiesInside CCP OfficialdomInternational RelationsMarketsSpecial TopicsXiXi Jinping
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Thorium Innovators Vie for Success
October 23, 2022
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Business & MarketsChinaChina Business & EconomyClimate PolicieseconomyenergyEnvironmentEuropeGold and CommoditiesInternational RelationsMarketsNuclearSandiaScienceScience NewsSpecial TopicsTech CompetitiontechnologythoriumThreat from Communist ChinaUSUS FeaturesUS NewsUS-China relationsWorld
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More than half a century after physicist Alvin Weinberg first demonstrated a thorium molten-salt reactor at Oak Ridge National Laboratory, a global thorium renaissance may be underway. At least that’s what the Thorium Energy Alliance (TEA) hopes. TEA’s eleventh conference, held in Albuquerque, New Mexico, brought together engineers, entrepreneurs, and enthusiasts who believe thorium reactors…
Shanghai Spends Big Money Constructing Makeshift Quarantine Facilities, Tightens COVID-19 Curbs
Shanghai plans to invest over one billion yuan ( about $138 million ) to build a quarantine facility on an islet near the city center, according to a tendering document released on Oct. 13. The construction project, titled “Fuxing Island Preparatory Makeshift Hospital and Isolation Site of Close Contacts,” was awarded to state-owned builder China…
CCP Seeks to Use TikTok Data Against Americans: Former Pentagon Official
October 21, 2022
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CCPChinaChina Business & EconomyChinese RegimeInfiltrating the WestInternational Relationssocial controlSpecial TopicsTechTech CompetitiontechnologyThreat from Communist ChinaTikTokUSUS-China relations
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China’s communist regime is in a cold war with the United States and seeks to use data gathered by companies like TikTok against American interests, according to a former Pentagon official. The Chinese Communist Party (CCP) will use apps like TikTok as weapons of mass manipulation and misinformation, according to Nicolas Chaillan, former chief software…
Indian Court Refuses to Unfreeze Assets of Chinese Smartphone Maker Xiaomi
October 21, 2022
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Asia & PacificBusiness & MarketsChinaChina Business & EconomyChinese appsCompaniesIndiaMarketstax evasionTechWorld
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On Oct. 6, an Indian High Court declined to lift a freeze on $676 million of Xiaomi’s assets, dealing a blow to the company’s operations in India. The company, the world’s third-largest smartphone manufacturer, said the court’s move had “effectively halted” its operations in the Indian market, according to a Reuters report. The move comes…
EU Leaders Harden Position on China, Move to Break Technology Dependency
October 21, 2022
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CCPChinaChina Business & EconomyEUEuropeFinance & Business TiesGlobal ExpansionInfiltrating the WestInternational RelationsSpecial TopicsTechTech CompetitiontechnologyThreat from Communist ChinaUS-China relationsWorld
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Leaders from the European Union jointly expressed trepidation this week about Europe’s increasing economic dependence on China. The foreign policy service of the EU said in a prepared statement that China’s communist leadership should be considered a competitor promoting “an alternative vision of the world order.” The hardening stance of European leaders against China comes…
Chinese Lab’s Purchase of US Land for Primate Breeding Facility Draws Scrutiny
October 20, 2022
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Asia & PacificBusiness & MarketsChinaChina Business & EconomyCompaniesFloridalandLocal NewsmonkeyprimateRegional-Local NewsUSUS NewsUS-China relationsWorld
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A Chinese firm’s purchase of land in Florida to build a lab monkey breeding facility is drawing scrutiny over the company founders’ ties to the Chinese military. JOINN Laboratories CA Inc., the California subsidiary of a biotech firm headquartered in Beijing, in July purchased more than 1,400 acres of land for building a primate facility…
CCP States It Will Continue Opening Up During Party Congress, But Experts Skeptical
October 20, 2022
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Asia & PacificChinaChina Business & EconomyChinese Regimedual circulationInternational Relationsopening upParty CongresssecludedUS-China relationsWorld
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Chinese Communist Party (CCP) authorities stated during the party congress that China would open up more in the future. However, experts have expressed skepticism. On Oct. 17, Zhao Chenxin, deputy director of the National Development and Reform Commission (NDRC) of the regime, said at a press conference that it’s a misconception that China would be…
German Foreign Minister Urges Caution Toward Communist China
October 19, 2022
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belt and road initiativeChinaChina Business & EconomyEuropeEurope-China RelationsInternational RelationsWorld
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Germany must avoid repeating with China the mistakes that it made in its relationship with Russia over recent years, the German foreign minister said on Oct. 18. “We must first of all learn from the mistakes of our Russia policy of recent decades,” Annalena Baerbock said at a foreign policy forum in Berlin organized by…
Biden Administration’s Semiconductor Export Controls Face Mounting Hurdles
October 19, 2022
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bidenChinaChina Business & Economyexport controlsFinance & Business TiesGlobal ExpansionInternational RelationsNational SecurityPolicies & ImpactssemiconductorsSpecial TopicsTech CompetitionThreat from Communist ChinaUSUS NewsUS-China relations
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The Biden administration’s recent move to limit semiconductor exports to China is facing several hurdles that could negatively impact the effort and place additional strain on international supply chains. The administration issued sweeping new export controls on Oct. 7 in an effort to hamstring the Chinese Communist Party’s (CCP’s) military modernization. Among those rules is a…
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