The chairs of the bipartisan Congressional-Executive Commission on China (CECC) on Tuesday urged the president of the National Basketball Players Association (NBPA) to end endorsement deals with Chinese sportswear firms linked to forced labor. Sen. Jeff Merkley (D-Ore.) and Rep. Jim McGovern (D-Mass.) in a letter expressed concern over contracts that more than a dozen NBA…
NBA Stars Urged to End Endorsement Deals With Chinese Firms Complicit in Forced Labor
June 2, 2021
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Tesla Establishes Data Center in China, With All Data to Be Kept in China
Tesla has established a data center in China, the company said last week, and data generated by all cars sold in the country will be stored domestically. A May 25 post on the Weibo social media site said that the data center has already been built and the company plans on expanding its data network…
Designed to Rival GPS, The CCP’s BeiDou Has Been Exported to Over 120 Countries and Regions
June 1, 2021
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The sales volume of ‘Made in China’ BeiDou chips has exceeded 100 million and related products have been exported to more than 120 countries and regions, according to China’s official report, which also said BeiDou’s role in countering U.S. rival GPS, as well as its significance for China’s national defense strategy, is “beyond description.” According…
Despite Opposition, Cornell Approves Partnership With CCP-Controlled Peking University
June 1, 2021
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Cornell University is going to move forward with a proposed dual-degree program between its prestigious hotel school and China’s Peking University (PKU), despite calls to reconsider partnering with a state-run institution that has a poor record of academic freedom and human rights. The proposed two-year graduate program, designed for executive professionals residing in China, would…
Loophole Allows China Firms to Misuse Green Financing – Research
SHANGHAI—Loopholes in China’s green financing rules could allow big state-owned firms to use proceeds from “carbon-neutral bonds” to fund day-to-day operations including coal-fired power plants, according to research published on Tuesday. The Institute for Energy Economics and Financial Analysis (IEEFA) examined the first batch of yuan-denominated carbon-neutral bonds issued this year by giant state-owned energy…
Fallout from John Cena’s Apology Is Chance to Turn Tide on Hollywood’s Kowtow to CCP: Movie Executive
Hollywood executive Chris Fenton said John Cena’s controversial apology to China after he called Taiwan a country during a promotional interview for “Fast & Furious 9” alienated both his fans in the West and in China, inadvertently providing the star with an opportunity to lead the charge against Chinese Communist Party (CCP) censorship of the U.S….
Polish Trial Begins in Huawei-Linked China Espionage Case
WARSAW—An espionage trial involving a former Polish secret services agent and an ex-employee of Huawei begins in a Warsaw court on Tuesday as some European states consider whether to exclude the Chinese group’s equipment from their 5G telecom networks. Poland arrested the two men in January 2019 on suspicion of spying for China, in a…
CCP Mouthpiece Says Beijing Needs More Nuclear Weapons After Trade Talks
China’s hawkish state-run media Global Times said Beijing should increase its build-up of nuclear weapons after recent Sino-U.S. trade talks. U.S. Trade Representative Katherine Tai and Chinese Vice Premier Liu He held an online meeting on May 26, the first trade talks for both countries since U.S. President Joe Biden took office in January. Both sides…
US Continued China Policy Reflects Broader Global Pushback Against CCP
The global pushback against the Chinese Communist Party (CCP) has prompted the Biden administration to adjust its China policy, a China expert said, following recent remarks by Biden’s deputy assistant Kurt Campbell on China-U.S. relations. “The period that was broadly described as engagements has come to an end,” Campbell said at an event hosted by…
Wanda Group Fully Withdraws From AMC in Nearly $1.5 Billion Stock Liquidation
Chinese investment firm Wanda Group has sold off the majority of its stake in AMC Theatres, exiting the U.S. movie theatre business. Dalian Wanda Group, owned by former Chinese Tycoon Wang Jianling, announced on its official website that, as of May, it has officially liquidated all its assets in AMC Entertainment Holdings Inc. and resigned…
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