Category: Finance & Business Ties

Saudi Arabia Gets Closer to China While Moving Away From US: Gregory Copley

December 21, 2022
Abraham Peace AccordsChinaFinance & Business TiesInternational RelationsMiddle EastSaudi ArabiaSpecial TopicsUSUS NewsWorldXi Jinping
0 Comment

With the growing closeness between China and Saudi Arabia, the U.S. sees the deterioration in its relationship with the Gulf country, according to Gregory Copley, President of the International Strategic Studies Association. “It is the most significant setback which the United States and the West has seen since perhaps the middle of the Cold War…

Read More

Saudi Arabia Gets Closer to China While Moving Away From US: Expert

December 21, 2022
Abraham Peace AccordsChinaFinance & Business TiesInternational RelationsMiddle EastSaudi ArabiaSpecial TopicsUSUS NewsWorldXi Jinping
0 Comment

With the growing closeness between China and Saudi Arabia, the U.S. sees the deterioration in its relationship with the Gulf country, according to Gregory Copley, president of the International Strategic Studies Association. “It is the most significant setback which the United States and the West has seen since perhaps the middle of the Cold War…

Read More

TikTok Ban Included in Congressional Omnibus Bill

December 20, 2022
banBusiness & MarketsChinaCompaniescongressFinance & Business TiesInfiltrating the WestInternational RelationsNational SecurityomnibusPoliticssocial controlSpecial TopicstechnologyThreat from Communist ChinaTikTokUSUS NewsUS-China relations
0 Comment

A Congressional omnibus bill introduced this week includes legislation that would ban the social media app TikTok from government devices due to national security concerns. The $1.65 trillion spending bill (pdf) introduced on Dec. 20 includes a measure that would ban TikTok from all devices in the executive branch, and closely resembles bans on the…

Read More

TikTok Ban on Government Devices Included in Omnibus Bill

December 20, 2022
banBusiness & MarketsChinaCompaniescongressFinance & Business TiesInfiltrating the WestInternational RelationsNational SecurityomnibusPoliticssocial controlSpecial TopicstechnologyThreat from Communist ChinaTikTokUSUS NewsUS-China relations
0 Comment

A Congressional omnibus bill introduced this week includes legislation that would ban the social media app TikTok from government devices due to national security concerns. The $1.65 trillion spending bill (pdf) introduced on Dec. 20 includes a measure that would ban TikTok from all devices in the executive branch, and closely resembles bans on the…

Read More

‘Borrowed Swords’: China’s Military Is Built With US Technology

December 17, 2022
arms raceCCPChinaChinese RegimeFinance & Business TiesInfiltrating the WestmilitaryPLASpecial TopicsTech CompetitiontechnologyThreat from Communist ChinaUS-China relations
0 Comment

News Analysis In California, a former U.S. Army pilot sells classified aviation research to China’s communist regime. In Kentucky, leaders of a defense contracting company allegedly conspire to sell technical drawings to China and illicitly introduce Chinese parts into the Pentagon’s supply Chain. In Illinois, a China-based company allegedly bribes workers to steal proprietary communications…

Read More

Biden Administration Blacklists 21 China-Based AI Chip Makers

December 15, 2022
AIbiden administrationCCPChinaChina Business & EconomyFinance & Business TiesInternational RelationsNational SecuritysemiconductorsSpecial TopicsTech CompetitiontechnologyThreat from Communist ChinaUSUS-China relations
0 Comment

The Biden administration is adding 22 Chinese chipmakers to a trade blacklist, widening its crackdown on China-based semiconductor manufacturers. The Commerce Department added YMTC and 21 “major” Chinese entities working in the domain of artificial intelligence chips to a trade blacklist, broadening its crackdown on China’s chip industry. YMTC was added to the list over…

Read More

Biden Administration Blacklists 21 China-Based AI Chipmakers

December 15, 2022
AIbiden administrationCCPChinaChina Business & EconomyFinance & Business TiesInternational RelationsNational SecuritysemiconductorsSpecial TopicsTech CompetitiontechnologyThreat from Communist ChinaUSUS-China relations
0 Comment

The Biden administration is adding 22 Chinese chipmakers to a trade blacklist, widening its crackdown on China-based semiconductor manufacturers. The Commerce Department added Yangtze Memory Technologies Corp (YMTC) and 21 “major” Chinese entities working in the domain of artificial intelligence chips to the blacklist. YMTC was added to the list over concerns it could divert…

Read More

US Receives ‘Full Access’ to China Accounting Firms for First Time Ever

December 15, 2022
auditBusiness & MarketsChinaChina Business & EconomycommerceCompaniesFinance & Business TiesInternational RelationsPCAOBSpecial TopicsUSUS NewsUS-China relations
0 Comment

The United States is receiving full access to inspect and investigate accounting firms in China for the first time, according to the nation’s top auditor. The U.S. Public Company Accounting Oversight Board (PCAOB) announced on Dec. 15 that it obtained full access to inspect and investigate firms in China after years of refusals by the…

Read More

US Receives ‘Full Access’ to China Accounting Firms for First Time

December 15, 2022
auditBusiness & MarketsChinaChina Business & EconomycommerceCompaniesFinance & Business TiesInternational RelationsPCAOBSpecial TopicsUSUS NewsUS-China relations
0 Comment

The United States is receiving full access to inspect and investigate accounting firms in China for the first time, according to the nation’s top auditor. The U.S. Public Company Accounting Oversight Board (PCAOB) said on Dec. 15 that it obtained full access to firms in China after years of refusals by the Chinese Communist Party…

Read More

Chinese Billionaire Faces Extradition to US for Allegedly Bribing San Francisco Officials

December 14, 2022
ChinaChina Business & EconomyChinese RegimecorruptioncrimeCrime and IncidentsFinance & Business TiesInternational RelationsSpecial TopicsUSUS-China relationsZhang Li
0 Comment

A Chinese real estate mogul is battling extradition to the United States from the UK for his alleged role in bribing San Francisco city officials. Zhang Li, the billionaire co-founder and CEO of Guangzhou-based R&F Properties, is wanted in California for allegedly bribing public officials between 2015 and 2020. Zhang is accused of paying kickbacks…

Read More