The Chairman of the House Armed Services Committee is vowing to expel all Chinese goods and materials from the United States’s defense supply chains. Chairman Mike Rogers (R-Ala.) said that he would lead the effort to expunge China-sourced goods during a Feb. 8 hearing of the committee on the subject of defense-industrial base security. “The…
Rogers Vows to Expel All Chinese Goods from Defense Supply Chains
February 8, 2023
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Business & MarketsChinaChina Business & EconomycongressdefenseDemocratseconomyFinance & Business TiesInternational RelationsmilitaryNational SecurityPoliticsRepublicansRogersSpecial Topicssupply chainsThreat from Communist ChinaUSUS-China relations
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Communist China Seeks to ‘Replace’ US as World Tech Leader: Rep. Rodgers
February 2, 2023
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CCPChinaChinese RegimecommunismFinance & Business TiesInternational RelationsNational SecurityPoliticsRepublicanssocial controlSpecial TopicsTechTech CompetitiontechnologyThreat from Communist ChinaUSUS-China relations
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Communist China is seeking to replace the United States as the world’s economic and technological leader, according to one Congresswoman. Rep. Cathy McMorris Rodgers (R-Wash.) said the Chinese Communist Party (CCP) was aiming to undermine and eventually displace the United States as a world power, during a Feb. 1 hearing of the Innovation, Data, and…
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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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 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…
‘China Changed Capitalism’: Sens. Rubio and Warner Sound Alarm on CCP’s Economic Threat
January 30, 2023
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capitalismChinaChina Business & EconomyeconomyFinance & Business TiesGlobal ExpansionInternational RelationsNational SecurityPoliticsRepublicansRubioSpecial TopicsThreat from Communist ChinaUSUS NewsUS-China relationswarner
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A bipartisan duo of lawmakers is calling for greater efforts to curb the malign influence of China’s communist regime through protectionist measures. Sens. Marco Rubio (R-Fla.) and Mark Warner (D-Va.) appeared together for a joint interview on Jan. 29, where the two sounded the alarm on the Chinese Communist Party’s (CCP) efforts to undermine U.S….
Guangzhou Retirees Stage Mass Protests Over Cuts to Medical Insurance Payments
January 29, 2023
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Asia & PacificChinaChina Business & EconomyChinese RegimeFinance & Business TiesGrassroots ResistanceGuangzhoupersonal medical insuranceprotestsRetireessocial controlSocial IssuesSpecial TopicsWorld
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Large crowds gathered on Jan. 11 outside a local human resource and social security bureau in Guangzhou, protesting against a sudden reduction in payments to their personal medical insurance accounts, according to a video of the protest posted online. This is the most recent protest in a series of mass rallies in the city, the…
Republicans Introduce Bill to Strip China of Permanent Trade Status
January 27, 2023
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CCPChinaChina Business & EconomycongresseconomyFinance & Business TiesInternational RelationsPoliticsRepublicansSpecial TopicsThreat from Communist ChinatradeUSUS NewsUS-China relations
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A group of Republican lawmakers is introducing legislation that would strip communist China of its special permanent trade status with the United States. The “China Trade Relations Act” was introduced on Jan. 27 by GOP Sens. Tom Cotton (Ark.), Rick Scott (Fla.), Ted Budd (N.C.), and J.D. Vance (Ohio). The legislation would end China’s permanent…
Sen. Josh Hawley to Introduce Bill Banning TikTok From US
January 24, 2023
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banChinaChina Business & EconomycongressFinance & Business TiesHawleyInfiltrating the WestInternational RelationsNational SecurityPoliticsRepublicansSpecial TopicstechnologyThreat from Communist ChinaTikTokUSUS NewsUS-China relations
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Sen. Josh Hawley (R-Mo.) is introducing legislation to ban social media app TikTok from distribution in the United States. Hawley announced the bill on Twitter early Jan. 24, saying that the app gives China’s communist regime a means of violating the privacy of Americans, including children. “TikTok is China’s backdoor into Americans’ lives,” Hawley said….
Yellen and Liu Meet, Agree to Enhance Communication Amid China-US Tensions
January 18, 2023
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CCPChinaChina Business & EconomyChinese RegimeFinance & Business TiesInternational RelationsLiuSpecial TopicsUSUS NewsUS-China relationsyellen
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Officials from the United States and communist China met in Switzerland on Jan. 18, where they pledged to manage their differences and prevent ongoing competition between the two nations from spiraling into conflict. U.S. Treasury Secretary Janet Yellen met with Chinese Vice Premier Liu He in Zurich for the highest-ranking meeting between the United States…
China’s Solar Energy Tycoon Detained by Authorities: Reports
January 16, 2023
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Asia & PacificBusiness & MarketsChinaChina Business & EconomyCompaniesdefaultFinance & Business TiesHanergyLi HejunSocial Issuessolar energySpecial TopicsWorld
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Li Hejun, the founder of China’s solar energy giant Hanergy Thin Film Power Group, was taken away by police in China’s northeastern Liaoning Province on Dec. 17, according to Caixin, a major Chinese financial news portal. Li was detained by police to “assist investigators” and hadn’t been seen as of the time of reporting, Caixin…
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