Long time Democratic power broker Tony Podesta has earned $1 million over the past half year lobbying the Biden White House at the behest of a blacklisted Chinese tech giant, recent federal disclosures show. Huawei, which was placed under trade sanctions during the Trump administration, paid Podesta $500,000 in the fourth quarter of 2021 in…
Tony Podesta Paid $1 Million Lobbying White House for China’s Huawei
China’s Huawei Pays Tony Podesta $1 Million for White House Lobbying
Long time Democratic power broker Tony Podesta has earned $1 million over the past half year lobbying the Biden White House at the behest of a blacklisted Chinese tech giant, recent federal disclosures show. Huawei, which was placed under trade sanctions during the Trump administration, paid Podesta $500,000 in the fourth quarter of 2021 in…
Huawei’s Frequent Investments in Chip Companies Fails Amid China’s Chip Making Campaign
News Analysis Huawei has been ramping up investments in chip companies in the past three years as a part of China’s chip manufacturing movement, yet the state-backed tactic is likely headed toward failure. Just one month before the United States imposed sanctions on Huawei, the Chinese high-tech giant established on April 23, 2019, its wholly-owned…
Canada’s Next China Ambassador Must Be a ‘Professional Diplomat,’ O’Toole Says
Conservative Leader Erin O’Toole says Canada’s next ambassador to China must be a “professional diplomat” who is capable of safeguarding Canadian interests and standing up to the Chinese communist regime. “I think we need a professional diplomat that can be in Beijing to assert our interests, to make sure that our voice is heard, and that…
China ‘Will Use You, and Then Shove You Aside,’ Expert Warns Tesla as It Tries to Capture Chinese Market
Beijing’s national strategy of forced technology transfer means that Tesla will eventually be squeezed out of the Chinese market, just like the fate suffered by other Western companies in the past, said Robert Atkinson, president of Washington-based nonprofit Information Technology and Innovation Foundation (ITIF). “At the end of the day, the strategy for China is…
How Long Until China Controls Cuba?
Commentary China’s Belt and Road Initiative (BRI) has hidden risks. It’s a debt trap. Not to mention a data trap. The dangers of the BRI have been well documented by many authors, myself included. Nevertheless, 142 countries around the world have signed up to the dangerous initiative. In December 2021, Cuba became the latest country…
Huawei’s Chipmaker Suffers Production Stoppage and Cuts Due to Successive US Sanctions
News Analysis Huawei, after being plagued by U.S. sanctions for two and a half years, has seen its chipmaker also in distress—not only has its high-end chip production has been halted, but also shipments of its mobile application processors (AP) have shrunk. Shipments for Huawei chipmaker HiSilicon’s smartphone APs declined 96 percent in the third…
Sanction-Hit Huawei Says Revenue Down Nearly 30 Percent in 2021
Chinese telecom giant Huawei said on Dec. 31 its annual revenue is expected to have declined nearly 30 percent in 2021, as the company continued to be weighed by U.S. sanctions. Revenue is expected to hit 634 billion yuan ($99 billion) for 2021, the company said on Friday. The figure represented a 29 percent drop…
Chinese Telecommunications Company Forced to Leave Canada Due to Security Concerns
A Chinese telecommunications company will cease its operations in Canada on Jan. 5 to comply with a federal government order based on security considerations. State-owned China Mobile’s service CMLink recently announced its departure to its customers. The company, which has the most subscribers in the world at 942 million, offered mobile plans in Canada but…
Special Panel: Canada’s Experts Weigh In on the Response to China and Relationship With the US
What is Canada’s role as a democratic nation alongside the United States? In the recent hostage exchange involving two Canadians and Huawei’s CFO, how have Canadians and Americans learned about China’s ruthless aggression? Plus, as Beijing aims to kick off the Winter Olympics next year, how can free democratic nations respond? Meanwhile, the unspoken border…
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