3 U.S. firms suspended allegedly for illegally exporting defense products to China
The U.S. Department of Commerce, Bureau of Industry and Security, announced on June 8 that it had suspended three American companies for allegedly illegally exporting satellite and sensitive military prototypes to China. Those products are subject to strict U.S. export controls because of their sensitivity and importance to U.S. national security. The ...
Corporate flight continues after strict controls by the Chinese regime
In recent years, several large U.S. companies have left China in search of better conditions. Prolonged shutdowns due to Covid-19, cost increases, intense regulatory repression, strict controls by the Chinese Communist Party (CCP), and imposed laws limiting data sharing and on the privacy of customers on the networks, are some ...
Didi announces its delisting from Wall Street
China’s ride-hailing giant Didi Chuxing will say goodbye to the U.S. stock market in June, just one year after its public debut on Wall Street. According to Apollo News, Didi announced that it officially applied to the U.S. Securities and Exchange Commission on June 2. Ten days later, the company would ...
U.S. lifts tariffs on solar panel imports for some countries but not China
The White House announced on June 6 that the U.S. would lift import tariffs on solar panels for two years from Southeast Asia but not for China. The U.S. removes tariffs on solar panel imports from Cambodia, Malaysia, Thailand, and Vietnam to "ensure the U.S. has access to a sufficient supply ...
Former Pentagon official: China-Russia cyberattack will leave US without ‘fighting chance’
Foreigners could seriously disable U.S. information technology networks, even if America used every available resource to defend itself. This is the dire conclusion a former defense expert reached after reviewing the nation’s cyber security protections. Nicolas Chaillan is deeply concerned hackers could force the United States to its knees. The former ...
China plans to destroy Elon Musk’s Starlink
Tesla CEO Elon Musk's SpaceX Starlink satellite can transmit super-fast internet data anywhere on Earth, and it also has potential military applications. Chinese military researchers have been developing a plan to destroy thousands of Starlink satellites. According to Business Insider, in an article from Modern Defense Technology magazine published in China ...
US would be willing to use force to defend Taiwan: Joe Biden
According to Reuters, U.S. President Joe Biden said the U.S. would be willing to use force to defend Taiwan in a joint news conference with the Japanese leader on May 23. A reporter asked Biden if the U.S. would defend Taiwan if it were attacked. The U.S. President answered in the ...
An American citizen and four Chinese national security officers charged with espionage
The U.S. Department of Justice has charged Wang Shujun, an American citizen of Chinese origin, and four Chinese Ministry of State Security (MSS) members with conspiracy, espionage, transnational persecution, and other crimes. The May 17 indictment, received in federal court in Brooklyn, New York, alleges the five spied on prominent pro-democracy ...
Biden’s move to prevent Beijing from allegedly stealing American data
According to Reuters, the Biden administration has drafted an executive order to empower the Department of Justice to block foreign opponents like China and Russia from accessing Americans' data. China's BGI purchased U.S. genomic sequencing firm Complete Genomics in 2013, and in 2015, Chinese WuXi Pharma Tech acquired U.S. firm NextCODE ...
The U.S. criticizes Russia and China for opposing U.N. sanctions against North Korea
On Wednesday (May 11), the U.S. criticized China and Russia for rejecting the implementation of additional U.N. pressure against North Korea, warning that the Security Council cannot stay silent and needs to take action as Pyongyang prepares for its seventh nuclear test. The U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, ...
Relations with the US are Beijing’s biggest challenge: Dean of Schwarzman University
The Dean of China's Schwarzman University, Professor Xue Lan, believes that the biggest challenge for the Chinese regime in the future is China-U.S. relations. The second challenge is the problem of population decline and aging. The third one is energy, food security, and financial debt. The fourth one is the gap ...
Doctor Strange 2 to be banned in China due to a surprising detail
According to Comic Book Resources (CBR), on April 29th, Chinese box office analyst and reporter Oliver Chen confirmed that the long-awaited Doctor Strange sequel has been officially banned in China. No official reason has been provided. However, according to CBR, Doctor Strange in the Multiverse of Madness drew some heavy criticism ...
Strong dollar might cause big changes: Caixin Media chairman
Xie Jinhe, chairman of Caixin Media, posted on Facebook on May 3 that with a strong dollar, there must be major events in the world. He said that the market preference for the U.S. currency would cause serious damage to vulnerable emerging economies. Besides, the global economy will certainly face ...
U.S.-China new battleground: China eyes global strategic choke point
The recently signed security agreement between the Solomon Islands and China has alarmed the US and its allies, bringing concerns about China's military facility in the Solomon Islands. US-China tensions over a strategic choke point in the South Pacific Islands are part of a new tug of war between the ...
The Chinese communist regime infiltrates Hollywood transforming the entertainment industry
The Chinese communist regime, like any authoritarian model, seeks to homogenize the way its citizens think and act. Therefore, everything must happen as designed by the Chinese Communist Party (CCP), which was the method used to perpetuate itself during the last decades. Western art, fashion, and ideals of freedom have always ...
The U.S. has provided Chinese firms with about $1.8 billion in subsidies
According to the watchdog Good Jobs First, which tracks companies receiving subsidies from the U.S., from 1991 to 2020, Chinese companies have received $1.8 billion from U.S. government bodies. The subsidies provided were tax credits, tax rebates, grants, loans, and property tax abatement. While most of the support came from the ...
