U.S. companies were involved in at least 37 percent of the total investment transactions in China’s artificial intelligence (AI) sector between 2015 and 2021, according to a new report. The report (pdf), published by the Georgetown University Center for Security and Emerging Technology, found that $40.2 billion in investment transactions into Chinese AI companies had…
US Firms Investing Billions in China’s AI Sector: Report
February 2, 2023
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US Firms Investing Billions of Dollars in China’s AI Sector: Report
February 2, 2023
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U.S. companies were involved in at least 37 percent of the total investment transactions in China’s artificial intelligence (AI) sector between 2015 and 2021, according to a new report. The report (pdf), published by the Georgetown University Center for Security and Emerging Technology, found that $40.2 billion in investment transactions into Chinese AI companies had…
Apple and Google Asked to Ban TikTok From App Stores
February 2, 2023
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Sen. Michael Bennet (D-Colo.) has called on Apple and Google to remove TikTok from their respective app stores, arguing that no company subject to “dictates” by the Chinese Communist Party (CCP) should be allowed such broad access to American audiences or harvest their data. Bennet made the appeal in a Feb. 1 letter to Google…
Sen. Bennet Asks Apple and Google to Ban TikTok From App Stores
February 2, 2023
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appleBig Tech, Censorship, and SocialismBusiness & MarketsChinaChina Business & EconomyCompaniescongressDemocratsFeatured TopicsGoogleInfiltrating the WestMedia & Big TechNational SecurityPoliticsSpecial TopicstechnologyTikTokUSUS NewsUS-China relations
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Sen. Michael Bennet (D-Colo.) has called on Apple and Google to remove TikTok from their respective app stores, arguing that no company subject to “dictates” by the Chinese Communist Party (CCP) should be allowed such broad access to American audiences or harvest their data. Bennet made the appeal in a Feb. 1 letter to Google…
China is Largest Provider of Counterfeit and Pirated Goods to US: Government Report
Communist China leads the world in the creation of counterfeit and pirated goods, according to a new report by the Office of the United States Trade Representative (USTR). Some 75 percent of the value of all counterfeit and pirated goods seized by U.S. customs in 2022 originated in China, according to the USTR’s “2022 Review…
South Korean Prosecutors Indict 6 For Leaking National Core Technology to China
January 31, 2023
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Six South Korean nationals were indicted for leaking the country’s national core technology to China. The stolen technologies pertain to the Chemical Mechanical Polishing (CMP) used in manufacturing semiconductor wafers. The Technology and Design Police Division of the Korean Intellectual Property Office (KIPO) and the Daejeon District Prosecutors’ Office said on Jan. 26 that they…
Beijing Stock Exchange Is a Losing Venture: Financial Expert
The Beijing Stock Exchange (BSE) may become another “rotten tail” venture under the Xi Jinping administration, a senior financial expert says. The Chinese catchphrase refers to a failed or unfinished task, usually as a result of ill-conceived planning or poor execution. Trading volume on the BSE continued to decline in 2023, with daily turnover of…
Car Wars—Yet Another Threat From Beijing
Commentary Early this month it was reported that a security sweep discovered hidden inside a British government vehicle used to transport senior officials and diplomats a SIM card that can track and transmit long-term movements; the device was located within a sealed part imported from China. Due to warranty terms and commercial agreements the parts…
‘China Changed Capitalism’: Sens. Rubio and Warner Sound Alarm on CCP’s Economic Threat
January 30, 2023
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A bipartisan duo of lawmakers is calling for greater efforts to curb the malign influence of China’s communist regime through protectionist measures. Sens. Marco Rubio (R-Fla.) and Mark Warner (D-Va.) appeared together for a joint interview on Jan. 29, where the two sounded the alarm on the Chinese Communist Party’s (CCP) efforts to undermine U.S….
Nuclear Lab in China Procured US Chips Despite Ban
January 30, 2023
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A Chinese nuclear research and development lab has gained access to U.S.-made semiconductors even though such institutions have been banned from making similar technological procurements for more than two decades. China Academy of Engineering Physics (CAEP), a state-run institution that focuses on the testing, development, and research of nuclear weapons and related sciences, has successfully…
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