The Biden administration’s move to sell nearly 1 million barrels of oil reserves to China “defies all common sense” and is benefiting U.S. adversaries at the cost of national interests, said Republican lawmakers, with some calling the action “impeachable.” The Department of Energy in April sold 950,000 barrels of Strategic Petroleum Reserve to Unipec America,…
Biden’s Selling of Oil From Reserve to Hunter Biden-Tied Chinese Firm ‘Impeachable’: Republicans
Russian Energy a Dangerous Opportunity for China Amid Ukraine War: Experts
China’s communist leadership is pursuing opportunities to increase imports of Russian coal, oil, and gas amid the ongoing war in Ukraine. Experts say the move could help stabilize China’s continuing energy woes, but could also backfire by drawing international sanctions on itself. With Western countries weighing stricter sanctions on Russian energy exports in the months…
Laos in Debt Crisis After Joint Venture with China
Analysis Laos, in the hope of expanding exports and attracting tourists, built the joint venture Laos-China Railway with China, its most important export market and trading partner. The construction took five years and the railway officially opened at the end of 2021. But as China’s economy currently appears to stall, Laos finds itself in a…
Inflation: How China Is Making It Worse; Stopping the CCP’s Propaganda on Twitter and Facebook
Biden weighs removing tariffs on China. Is that a good plan to fight inflation? We discuss how China actually contributes to prices rising everywhere. What is the better approach? I also speak with Aron Solomon about his thoughts on dealing with Chinese officials on social media, while American politicians are banned on Chinese social media;…
US Intelligence Warns State and Local Leaders to Be Wary of China’s Influence Activities
The Office of the Director of National Intelligence released a document on July 6 warning state, local, and business leaders to be on the lookout for malign influence operations conducted by China’s ruling communist regime. “For decades, a broad range of entities in China have forged ties with government and business leaders at the state…
Top House Republican Presses Yellen to Share Records of Hunter Biden’s Foreign Business Dealings
A top House Republican is demanding Treasury Secretary Janet Yellen release records on Hunter Biden’s foreign business activities, alleging that the Biden administration’s reluctance to release such details suggest an effort to shield the Biden family from scrutiny. In a letter on July 6, Rep. James Comer (R-Ky.), a ranking member on the House Committee…
Top House Republican Presses Yellen for Records on Hunter Biden’s Foreign Business Dealings
A top House Republican is demanding Treasury Secretary Janet Yellen release records on Hunter Biden’s foreign business activities, alleging that the Biden administration’s reluctance to release such details suggest an effort to shield the Biden family from scrutiny. In a letter on July 6, Rep. James Comer (R-Ky.), a ranking member on the House Committee…
Chinese Communist Party Threat Is ‘Massive’: FBI and MI5 Directors
Leaders from the British and American domestic intelligence agencies delivered a rare joint statement on July 6, warning that the Chinese Communist Party (CCP) is the greatest threat to the international order. “The most game-changing challenge we face comes from the Chinese Communist Party,” said MI5 Director General Ken McCallum. “It’s covertly applying pressure across the…
Burma’s Military Junta Agrees to Expedite China’s Belt and Road Projects
China sent its top diplomat to Burma for talks with the military junta, which overthrew the elected government of Aung San Suu Kyi last year, as Beijing seeks to increase bilateral ties in the region. Chinese Foreign Minister Wang Yi met with Burmese counterpart U Wunna Maung Lwin on the sidelines of the seventh Lancang-Mekong…
CCP Bans Officials and Their Families From Business Activities
China’s ruling communist party (CCP) has issued a new regulation in the name of anti-corruption banning high-ranking officials and their families from big business activities. Experts pointed out that it’s related to the CCP’s factional infighting and economic problems. According to the Chinese regime’s official media Xinhua, on June 19, the Central Committee of the CCP…
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