Jilin Province in China has announced that efforts will continue to ensure that spring plowing continues despite a province-wide COVID-19 lockdown. However, online videos showed police interrupting farmers working in the fields throughout China. Fearing the delay in spring plowing could lead to a food shortage, analysts say the crisis is beyond fallow fields, viable…
Decoupling from China’s Economy ‘Is The Future’: Analyst
April 10, 2022
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ChinaChina Business & EconomydemocracyeconomyFinance & Business TiesGlobal ExpansionInternational RelationsSpecial TopicsTech CompetitiontechnologyUS-China relations
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U.S. political leadership must work with the private sector to decouple critical technology development from mainland China, according to one expert. “One of the key vulnerabilities that we’re becoming more and more aware of is the degree to which Wall Street firms and American banks and investment companies continue to see China as this great…
China’s Lockdowns May Be Partly a Ploy to Tamper With Supply Chains, Highlight US Dependence: Expert
April 9, 2022
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CCPCCP VirusChinaChina Business & EconomyChinese RegimeINSIDE CHINAInternationalUnited StatesUS-China relationsWorld
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The extremely strict lockdown that Beijing officials have imposed on Shanghai and other cities in recent weeks may be aimed at sending a message to the United States and aligned powers about their dependence on Chinese supply chains, said Brian McCarthy, chief strategist at investment firm Macrolens LLC. The two-phased lockdown in Shanghai began to…
China Insiders Steal Billions From US Investors
April 8, 2022
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News Analysis China’s corporate insiders are cheating small American investors of billions of dollars through advance information that enables lucrative trades just before the stock price falls. The total losses that insiders of Chinese companies listed on American exchanges have avoided by selling prior to price drops are at least $10 billion between 2016 and…
GOP Senators Demand Biden’s Federal Pension Board Nominees Pledge Not to Invest in Chinese Firms
April 7, 2022
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BusinessCCPChinaChina Business & EconomyChinese RegimeFinance & Business TiesInternationalSpecial TopicsUnited StatesUS-China relations
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President Joe Biden’s nominees to serve on the Federal Thrift Retirement Investment Board (FTRIB)—the main pension fund for federal government employees— should pledge not to invest funds into China-based companies that undermine U.S. national security, three Republican senators said on April 6 in a letter to the nominees. “We are deeply concerned by the Federal…
Lockdown of Shanghai and Shenzhen Exacerbates Supply Chain Crisis and Inflationary Pressure
April 7, 2022
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CCP VirusCCP Virus OutbreakCCP virus restrictionsChinaChina Business & EconomyINSIDE CHINAShanghaiShenzhen
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As Shenzhen and Shanghai, two of China’s largest cities and major ports, impose lockdown measures to curb recent COVID spikes, financial experts express concern that it will aggravate global supply chains and inflationary pressures. Shenzhen’s 17.5 million residents were placed under a citywide lockdown from March 14 to 20. One week after Shenzhen emerged from…
China Lockdowns Exacerbate Supply Chain Crisis, Inflationary Pressures: Experts
April 7, 2022
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CCP VirusCCP Virus OutbreakCCP virus restrictionsChinaChina Business & EconomyINSIDE CHINAShanghaiShenzhen
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As Shenzhen and Shanghai, two of China’s largest cities and major ports, impose lockdown measures to curb recent COVID spikes, financial experts express concern that it will aggravate global supply chains and inflationary pressures. Shenzhen’s 17.5 million residents were placed under a citywide lockdown from March 14 to 20. One week after Shenzhen emerged from…
The CCP Controlling Everything Is the Root Cause of Chinese Economic Problems: Experts
Chinese leader Xi Jinping reportedly intends to have a confidant he’s known for decades become the country’s next vice premier, while Xi himself expects to enter his third tenure during the 20th national congress of the Chinese Communist Party (CCP) that occurs later this year. On March 11, Chinese Premier Li Keqiang revealed at a…
UK Lords Challenge Government Over Chinese Takeover of Semiconductor Firm
April 7, 2022
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Boris JohnsonChinaChina Business & EconomyChinese RegimeHouse of LordsHuaweiLord AltonNewport Wafer FabNexperiatechnologyUKWingtechWorld
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Members of the upper house of the British parliament have questioned the government over the planned Chinese takeover of one of the UK’s biggest microchip factories, warning that the deal could threaten the UK’s “national resilience.” Newport Wafer Fab (NWF), based in Wales, specialises in manufacturing the more advanced compound semiconductors, which is the key…
Hunter Biden Asked Father to Write College Recommendation Letter for Chinese Business Associate’s Son: Leaked Emails
President Joe Biden, at Hunter Bidens’ request in 2017, wrote a college recommendation letter for the son of a Chinese executive whom Hunter did business with, leaked emails suggest. The emails purportedly from Hunter Biden’s laptop, obtained by Fox News, show exchanges in early 2017 between Hunter Biden, his business partners at Rosemont Seneca, and…
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