Small businesses seeking to increase their overseas sales are supposed to be the primary beneficiaries of loan guarantees by the U.S. Export-Import Bank (Ex-Im), although a new analysis by a nonprofit government watchdog finds most of the funds are going to corporate giants and corrupt foreign regimes. “Small businesses, supposedly the intended beneficiary of the…
Billions Meant for US Small Businesses Go to China, Russia: Watchdog
August 4, 2022
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China’s Minister of Industry and Information Technology Removed as CCP Infighting Intensifies
August 3, 2022
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Aluminum Corporation of ChinaChinaChina Business & EconomyChinese RegimeFinance & Business TiesInside CCP Officialdomminister of Industry and Information TechnologySpecial TopicsXiao Yaqing
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The Chinese communist regime’s minister of Industry and Information Technology was suddenly removed from office. Multiple news outlets said that before he was taken away for investigation, he tried to commit suicide, and his sudden removal from post might have something to do with different corruption cases. On July 28, the regime’s Central Commission for…
Mark McCloskey: ‘The Media Runs Everything’
August 2, 2022
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2022 Midterm ElectionsBusiness & MarketsChinaChinese RegimecongresseconomyenergyEric GreitensFinance & Business TiesGlobal ExpansionMark McCloskeymediaPoliticsRepublicanRepublicansSpecial TopicsThreat from Communist ChinaUSUS NewsUS-China relations
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More than two years ago, Mark McCloskey and his wife took up arms to protect their West End home in St. Louis during the George Floyd protests and riots of 2020. He knows their lives will never return to normal—in part because of the unceasing, mostly negative attention they received from the legacy media. “The…
Chinese Internet Giant Could Be Kicked Off US Stock Exchange After SEC Adds Firm to Delisting Watchlist
Shares of Chinese e-commerce giant Alibaba (NYSE: BABA) tumbled 10 percent on July 29 after the U.S. Securities and Exchange Commission (SEC) added the firm to a list of companies that could face delisting. The U.S.-listed Chinese company is among the more than 150 companies named by the SEC that could be booted from U.S. exchanges…
How the Abraham Accords Reshaped the Middle East; Israel’s Role in the US–China Competition
July 29, 2022
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We speak with Aryeh Lightstone, author of “Let My People Know,” which takes a look behind the scenes at what it took to realize the Abraham Accords—a peace deal between Israel and Muslim nations in the Middle East. He says we cannot defeat China in the U.S.–China competition without key allies in the Middle East….
From Sponsorship to Coercion: Senate’s Report Tells How the CCP Traps Fed Reserves Officials to Spy
July 29, 2022
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The Federal Reserve economists have been targets of the Chinese Communist Party (CCP) for years, a report (pdf) made available on July 26 by the Senate Committee on Homeland Security and Governmental Affairs indicates. “China considers financial knowledge and economic capability to be a lynchpin to its military modernization efforts,” the report said. The report revealed…
Fed Under Attack by CCP Foreign Ops; 6 Million Barrels of Strategic Reserve Oil Sold to China
July 28, 2022
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CCPChinaChina InsiderEpochTVFedFederal ReserveFinance & Business TiesGlobal ExpansionHuaweiInfiltrating the WestInternational RelationsSpecial TopicsStrategic Oil Reservetechnologythe fedThreat from Communist ChinaTikTokus farm landUS-China relations
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China is attacking the United States on all fronts. This week, warnings come about the threat from China in agriculture, while top Republicans sound the alarm on China’s infiltration into the Federal Reserve—and not to mention the role TikTok plays in spying on Americans. We discuss how China has been attacking us. Plus, I speak…
Rep. Comer Demands Answers From Hunter Biden’s Financial Adviser
July 28, 2022
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The top Republican on the House Oversight Committee is pressing financial adviser Edward Prewitt on Hunter Biden’s allegedly suspicious foreign activities that have been flagged by U.S. banks. “More than 150 transactions from the Bidens’ business dealings have been flagged by U.S. banks through filings of Suspicious Activity Reports (SARs) to the Financial Crimes Enforcement…
EXCLUSIVE: US Oil Sales to China Could Be ‘Unlawful Activity,’ GOP Lawmakers Tell Biden
July 26, 2022
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Republican lawmakers are pressing President Joe Biden to make clear whether he had a role in auctioning off oil from U.S. emergency reserves to a Chinese entity that has been previously linked to his younger son. Rep. Ralph Norman (R-S.C.) on July 26 led a letter flagging the sale of U.S. strategic oil reserves worth…
Chinese State-Owned Firm Won Nearly 6 Million Barrels of US Oil Reserves Through Auction Sale, Records Show
July 25, 2022
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Asia & PacificbidenBusiness & MarketsChinaChina Business & EconomyChinese RegimeeconomyenergyExecutive BranchFinance & Business TiesNational Securityoil reservePolicies & ImpactsPoliticsSinopecSpecial TopicsStrategic Petroleum ReserveunipecUSUS NewsWorld
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The Biden administration has sold nearly 6 million barrels of oil from the U.S. strategic reserve to an entity tied with the Chinese Communist Party, records show. From September 2021 to July, the Department of Energy (DOE) has awarded three crude oil contracts with a combined value of roughly $464 million to Unipec America, the…
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