The Senate on Wednesday advanced its annual defense policy bill after Senate Majority Leader Chuck Schumer (D-N.Y.) dropped efforts to merge it with legislation to boost U.S. technology competitiveness with China and semiconductor manufacturing. Late on Wednesday, the Senate voted 84–15 to advance debate on the National Defense Authorization Act, which could begin as soon…
Senate Advances Defense Bill After Dispute Over US–China Competition Bill
November 18, 2021
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Chinacongressdefense billNancy PelosiNational Defense Authorization ActNational SecurityNDAAPoliticsSchumerSenateUSUS NewsUS-ChinaUS-China relations
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US House Passes National Defense Bill, Including Support for Taiwan’s Defense
September 26, 2021
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Asia & PacificChinamilitaryNational Defense Authorization ActNational GuardPacific RimSpecial TopicsSubverting TaiwanTaiwanUS-China relationsWorld
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The U.S. House of Representatives on Thursday passed the National Defense Authorization Act (NDAA) for the fiscal year of 2022 with 316 votes in favor and 113 votes against. The content of the bill includes the U.S. Congress’s recommending the Department of Defense to invite Taiwan to participate in the 2022 Pacific Rim Military Exercise…
House Passes $768 Billion Defense Spending Bill
The Democratic-controlled House of Representatives on Thursday passed its version of a $768 billion defense policy bill for the 2022 fiscal year. The vote was 316 to 113 in favor of the National Defense Authorization Act, or NDAA, which sets policy for the Pentagon on a number of areas including from how many rifles and…
Military Budgeting Portends Pivot Towards Great-Power Conflicts
Details emerging from the 2022 military budgeting process suggest that the United States will refocus from the Middle East towards China and other perceived emerging threats against America. Previewing the Sept. 1 House Armed Services Committee’s (HASC) markup of the 2022 National Defense Authorization Act (NDAA)—the annual congressional allotment to the Department of Defense and…
China Insider: Defense Bill Orders U.S. Treasury to Probe Chinese Money Laundering
January 19, 2021
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2021bankcashChinaChina Business & EconomyChina InsiderChina SocietyChinese Regimecrimeeconomyfaking trade invoicefinancefinancialgamblingGraham Barrowlegal personmoney launderingNational Defense Authorization ActNDAANews VideosPolicyreal estateshadow companiessmugglingU.S. treasury departmentunderground bankUSVideovideo specialVoice of America
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2021bankcashChinaChina Business & EconomyChina InsiderChina SocietyChinese RegimecrimeEconomyfaking trade invoicefinancefinancialgamblingGraham Barrowlegal personmoney launderingNational Defense Authorization ActNDAANews VideosPolicyreal estateshadow companiessmugglingU.S. treasury departmentunderground bankUSVideovideo specialVoice of America
The U.S. Treasury Department will investigate the risks posed by China’s money laundering and develop a strategy to defend against it, as required by the National Defense Authorization Act of 2021.
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