Category: China

Harris Announces $100 Million in Aid to Ghana During Meeting with Akufo-Addo

March 28, 2023
AfricaChinaExecutive BranchGhanaGhana President Nana Akufo-AddoInternational RelationsKamala HarrisPolicies & ImpactsPoliticsUSUS NewsUS-China relations
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Praising Ghana as “a beacon of democracy,” Vice President Kamala Harris announced that the United States will give $100 million in aid to “help address the threats of violent extremism and instability” in the west African nation and four other countries on the continent. Benin, Guinea, Cote d’Ivoire, and Togo are the other nations that…

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Joint Venture Brands Amid Price Reduction Frenzy in China’s Auto Market

March 27, 2023
ChinaChina Business & EconomyChina car salesjoint venture
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In recent years, the Chinese car market has witnessed intense competition. In less than three months of 2023, the competition has intensified further, with several joint-venture brands joining a price reduction war. In early March, Chinese car maker Dongfeng Group, with the support of Hubei provincial authority’s subsidies, cut prices of several types of vehicles,…

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House Advances Bill Calling for Strategy to Defend, Retain Control of Subsea Cables

March 27, 2023
ChinaChina Business & Economycyber threatsDefending AmericaeconomyFeatured Topicsglobal securityNational SecurityPolicies & ImpactsPoliticsSpecial TopicsTech CompetitiontechnologyThreat from Communist Chinaundersea cablesUSUS NewsUS-China relationsWorld
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Among the challenges presented by the decade-long military modernization and expansion of China’s ruling Communist Party (CCP) is a “robust space program” potentially targeting more than 9,000 American-owned satellites orbiting the Earth. Space will be a battleground, Pentagon officials have repeatedly warned in Congressional hearings since February regarding President Joe Biden’s $863 billion Fiscal Year 2024…

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The Famous ‘g–r’ Matters in Banking Crisis

March 27, 2023
banking crisisBusiness & MarketsBusiness ColumnistsChinaHong KongOpinionViewpoints
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Commentary The market experienced a complete change of landscape in March from a very bullish outlook of no recession to a severe crisis within two to three weeks. While a particular bank run is often unpredictable, the backdrop that causes it is not. Two weeks ago, I argued that this time was not a specific…

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Economists Expect US Recession, Inflation Above Fed Target This Year

March 27, 2023
Business & MarketsChinadebt ceilingeconomic policieseconomyinflationMarketsPolicies & ImpactsrecessionstocksUS
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Economists predict that the United States will likely enter a recession by the end of this year, with high inflation extending well into 2024, according to a recent semiannual survey. The March 2023 National Association for Business Economics (NABE) Economic Policy Survey published the responses of 217 members of the organization in a March 27 report….

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Millions in Ads: China Runs Propaganda in Major US Newspapers

March 27, 2023
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The Chinese regime is pouring money into pumping out propaganda. It’s medium is legacy U.S. media, disguised as opinion pieces. China Daily’s ad inserts trace back to the Chinese Communist Party. Reports point to the millions spent ahead of U.S. elections, aiming to sway public opinion. Those ads highlight instances of China’s success in other…

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Capitol Report: Grand Jury Hearing Trump Case Reportedly Back to Work; House Votes on CCP Organ Harvesting Bill

March 27, 2023
bankingCapitol ReportChinaEpochTVforced organ harvestinggas stovesGun ControlinflationNASHVILLETrumpUSUS News
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The Manhattan grand jury investigating former President Donald Trump is reportedly back at work. Meanwhile, new national polls show Trump enjoying strong leads for his 2024 bid. President Joe Biden is renewing calls for gun control after a school shooting in Nashville left six people dead. Lawmakers on Capitol Hill are shining a spotlight on…

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House Unanimously Passes Bill Stripping China of ‘Developing Nation’ Status

March 27, 2023
Business & MarketsChinaChina Business & EconomycongressDeveloping Nationeconomic policieseconomyhouseInternational RelationsNational SecurityPoliticsUSUS NewsUS-China relations
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The House of Representatives has passed a bipartisan bill to strip communist China of its international status as a developing nation, thereby limiting the regime’s access to certain aid from the United States and other nations. H.R. 1107, colloquially referred to as the “PRC is Not a Developing Country Act,” aims to ensure that China’s…

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California Losing Software Dominance to Communist China

March 27, 2023
CaliforniaChinainnovationNorthern CaliforniaOpinionRegional & State NewsSilicon ValleySouthern CaliforniaState NewsUSViewpoints
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Commentary Something I’ve long dreaded finally is happening: Wokeness and other foolishness by the U.S. and California governments is stifling this state’s innovation machine—leading to Communist China assuming software dominance. The successes of Apple, Google, Facebook, and other Silicon Valley companies dazzle us, preventing us from seeing what’s really happening. Tech icon Steve Jobs died…

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House Overwhelmingly Passes First Ever US Bill to Punish CCP’s Forced Organ Harvesting

March 27, 2023
ChinaChina Human RightsChris SmithcongressFalun Gongforced organ harvestinghouseOrgan Harvesting in ChinaPoliticsUS
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The House on March 27 overwhelmingly passed a bill to punish communist China for its forced organ harvesting from prisoners of conscience. The move marked the first non-symbolic legislative measure in the United States to counter the atrocity. H.R. 1154, dubbed the Stop Forced Organ Harvesting Act of 2023, passed by a vote of 413…

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