The U.S. Senate unanimously approved a bill on July 14 that would block the import of all products from China’s northwestern region, where at least 1 million Uyghurs and ethnic minorities are being held in secretive “political reeducation” camps. The Uyghur Forced Labor Prevention Act, a bipartisan measure, would create a “rebuttable presumption” assuming goods…
US Senate Passes Bill to Ban All Xinjiang Goods Over CCP’s Rights Abuses
July 15, 2021
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Xi Signals “Impossible” for Tech Giants to Seek Overseas Listing, Says Expert
July 13, 2021
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China’s homegrown tech giants confront insurmountable obstacles when listing abroad, as the Communist Regime has stepped up efforts to control them, says a China expert. Li Hengqing, a scholar at the Washington Institute for Information and Strategy, said the proposed scrutiny of all offshore listings was aimed at stopping companies’ data, and more importantly, money…
Australian Treasurer: National Interest Over Trade With China
July 11, 2021
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Australian Treasurer Josh Frydenberg said on July 7 during an interview with Australia’s Sky News that, “While the economic relationship with China is very important, we have a clear sense of our national interests.” Frydenberg was referring to Australia’s response to Beijing’s retaliatory trade sanctions. “All of the measures we are taking have been designed…
Kyle Bass: The ‘Cancer’ of China’s New Digital Currency
July 10, 2021
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American Thought LeadersCheating Wall StreetChinaChinese Communist PartyEpoch TVFinance & Business TiesGlobal ExpansionInfiltrating the Westkyle bassSpecial TopicsUS-China relations
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“Imagine a currency that almost has a mind of its own … It knows your account data, knows your birthday, your social security number, where you live” and exactly what you like to buy. And all of this knowledge would be sitting in the hands of the Chinese Communist Party. In this episode, Kyle Bass,…
US Investors Ambushed By Beijing After Didi IPO
July 6, 2021
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WASHINGTON—American investors were steamrolled again by Beijing as the ride-hailing giant Didi Chuxing became the latest target of a clampdown by the communist regime just days after its debut on the New York Stock Exchange. A Chinese cybersecurity regulator on July 2 announced that it was conducting a review on Didi. The officials banned the ride-hailing platform from…
UK’s Biggest Semiconductor Plant Acquired by Chinese Owned Company
July 6, 2021
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A Chinese-owned company said on Monday that it had acquired the UK’s largest manufacturer of silicone and semiconductor. The deal has triggered warnings from MPs. Nexperia, a Dutch-based semiconductor manufacturer wholly owned by China’s Wingtech Technology, confirmed on Monday that it had obtained 100 percent ownership of Welsh semiconductor plant Newport Wafer Fab (NWF), and will rename it…
US, Australia Guarding Against China’s Infiltration of Undersea Cable Projects: Australian Former Diplomat
July 5, 2021
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In June, it was reported that a round of bidding for a World Bank-led undersea communication cable project was effectively scuttled due to security concerns over a bid from Chinese firm HMN Technologies, formerly known as Huawei Marine Networks. The project, known as the East Micronesia Cable system, is intended to facilitate communications between the…
Chinese Regulator Attempts to Calm Housing Bubble Before US Raises Interest Rates
July 5, 2021
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News Analysis Following a recent warning from China’s top banking regulator about a possible bubble in the Chinese housing market, mainland Chinese media company ARCHINA published an editorial emphasizing the communist regime’s concerns and the need to enforce tighter regulations. The move comes after U.S. policymakers announced raising interest rates by the end of 2023….
China Orders Didi App Downloads Suspended Over Data Violation
The Chinese regime’s cyberspace regulator said on July 4 that it had ordered smartphone app stores to stop offering Didi Global Inc’s app after finding that the ride-hailing giant had illegally collected users’ personal data. The Cyberspace Administration of China (CAC) said it had told Didi to make changes to comply with Chinese data protection…
France Probes Fashion Retailers for Concealing ‘Crimes Against Humanity’ in Xinjiang
July 2, 2021
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PARIS—French prosecutors have opened an investigation into four fashion retailers suspected of concealing “crimes against humanity” in China’s Xinjiang region, a judicial source said on Thursday. The procedure is linked to accusations against China over its treatment of minority Muslim Uyghurs in the region, including the use of forced labour, the source said. China denies…
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