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China Launches Probe Into Intel, Cites National Security Risks Amid Trade Tensions With US
Thursday, October 17, 2024 - 10:29am | 533In the ongoing trade tensions between the U.S. and China, the Cybersecurity Association of China (CSAC) has called for a security review of products from Intel Corporation (NASDAQ:INTC), citing potential threats to national security. What Happened: CSAC has raised concerns over alleged flaws in...
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'Don't Fight The Fed And...China,' Says Wealth Manager As Global Markets Rise
Monday, September 30, 2024 - 9:23am | 479Keith Lerner, the Co-Chief Investment Officer at Truist Wealth, has a word of advice for investors: “Don’t fight the trend and don’t fight the Fed.” What Happened: Lerner emphasized that the global markets are currently reaching 52-week highs due to the actions of central...
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Setback For Xi Jinping's Military Ambitions? China's Newest Nuclear-Powered Submarine Reportedly Sank Earlier This Year, Says US Official
Friday, September 27, 2024 - 10:17am | 498A senior U.S. defense official revealed on Thursday that China’s latest nuclear-powered attack submarine sank earlier this year. The incident reportedly occurred between May and June. What Happened: The submarine, described as first-in-class, reportedly sank while docked at a pier. The cause...
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Mostly Chinese Americans Feel Team Biden Fails To Tackle Discrimination Amid Heightened Tension Between China And US: Survey
Thursday, September 26, 2024 - 5:02am | 621A majority of Chinese Americans believe Washington is not adequately addressing discrimination, as revealed by a survey. What Happened: The survey, conducted by the non-profit Committee of 100 in collaboration with the University of Chicago's National Opinion Research Centre, gathered data from 504...
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US Lagging Behind China In War Preparedness, Congressional Panels Warn
Thursday, September 19, 2024 - 7:43am | 637The United States is rapidly falling behind China in preparing for potential conflict, as revealed in recent hearings at the Pentagon. What Happened: Two key congressional panels heard that the Pentagon’s outdated procedures and a crisis-driven public are significant obstacles. Lawmakers...
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China Frees US Pastor After 18 Years In Jail: 'No Words Can Express The Joy,' Says Daughter
Monday, September 16, 2024 - 3:58am | 433In a surprising turn of events, China has released David Lin, a U.S. pastor who has been in custody since 2006, despite the U.S. claiming his imprisonment was unjust. What Happened: The U.S. State Department confirmed Lin’s release on Sunday, Reuters reported on Monday. Lin, who was serving a...
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House GOP Advances Bills To Reinstate Justice Department's 'China Initiative' Despite White House Disapproval
Thursday, September 12, 2024 - 8:25am | 460In a recent development, the U.S. House of Representatives has approved two Republican bills that seek to reestablish the U.S. Justice Department’s “China Initiative” and intensify the examination of Chinese property acquisitions, despite the White House’s objections. What...
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Trump 'Sold Us Out' With China Tariff Policy, Says Harris In Heated Presidential Debate
Wednesday, September 11, 2024 - 7:08am | 638Donald Trump and Kamala Harris sparred over China policy during the presidential debate hosted by ABC News on Tuesday night. What Happened:Harris criticized Trump’s tariff policy, labeling it a “Trump sales tax” that would impose a 20% tax on everyday goods, affecting middle-...
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US Set To Approve Multiple Bills Targeting Chinese Biotech, EV Companies And More
Monday, September 9, 2024 - 9:53am | 554The U.S. House of Representatives is set to vote on a series of bills aimed at China, including one that would prevent federal contractors from working with Chinese biotech firms. What Happened: The U.S. lawmakers are pushing forward with a number of bills targeting China, as Congress reconvenes...
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This Alabama Native Waged War Against Chinese Trade Practices At Least 2 Decades Before Trump Or Biden's Restrictions On China: Report
Monday, September 9, 2024 - 7:32am | 496M&B Hangers’ owner, Milton Magnus, has been combating perceived inequitable trade practices from Chinese companies for over 22 years. His ongoing struggle epitomizes the hurdles encountered by numerous American manufacturers, particularly those producing lower-end goods. What Happened: 72...
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Former Treasury Secretary Warns Against Excessive Trade Restrictions On China: 'Politicians Will Go Beyond Reasonable Boundaries'
Thursday, September 5, 2024 - 9:14am | 505The former U.S. Treasury Secretary, Robert Rubin, has warned U.S. lawmakers about the potential risks of imposing excessive trade restrictions and tariffs on China. What Happened: Speaking at the Bund Summit in Shanghai via video link, Rubin urged for a cautious approach to tariffs, warning against...
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Joe Biden And Xi Jinping Set To Talk, Says White House, Following Top US Security Advisor's China Trip
Thursday, August 29, 2024 - 3:39am | 626The stage is set for a high-level dialogue between U.S. President Joe Biden and Chinese President Xi Jinping, following U.S. National Security Advisor Jake Sullivan‘s visit to China. What Happened: As per a White House announcement on Wednesday, Sullivan had a meeting with Chinese Communist...
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Xi Jinping-Biden Meeting 'Highly Likely,' Says Expert, As US National Security Adviser Heads To Beijing
Tuesday, August 27, 2024 - 7:53am | 520In a significant development, Jake Sullivan, the U.S. National Security Adviser, landed in Beijing, sparking speculation of a potential summit between U.S. President Joe Biden and his Chinese counterpart Xi Jinping. This news comes despite the prevailing low expectations and heightened tensions...
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DOJ Indicts New York Resident For Allegedly Spying On Pro-Democracy Activists For Chinese Government
Thursday, August 22, 2024 - 6:49am | 463In a recent development, the U.S. Department of Justice (DOJ) has indicted a New York resident, accusing him of acting as an illegal agent for the Chinese government and spying on Chinese pro-democracy activists and dissidents. What Happened: The DOJ has charged Yuanjun Tang, 67, with operating as...
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Xi Jinping's Mouthpiece Blasts Joe Biden's New Nuclear Strategy: 'Finding Excuses To Seek Strategic Advantages'
Thursday, August 22, 2024 - 5:10am | 553Xi Jinping’s mouthpiece, the Chinese state media, and the foreign ministry have expressed criticism over the U.S.’s revised nuclear strategy under President Joe Biden, which appears to be primarily focused on China’s growing nuclear capabilities. What Happened: President Biden has...