Tag: US China Tech War

DOE Pulls Plug on Chinese-Owned Company’s Grant Application Months After Alarm Raised

The U.S. Department of Energy (DOE) was never quite clear on why it allowed a Texas subsidiary of a Chinese-owned battery manufacturer to qualify as a grant applicant, even after the company’s links to the Chinese Communist Party (CCP) were revealed during the department’s own vetting process. The DOE was equally opaque in curtly announcing…


Nuclear Lab in China Procured US Chips Despite Ban

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…


Average 401(k) Down $34,000 This Year: Economists; Kanye West to Buy Social Media Parler | NTD Business

American retirement accounts are losing tens of thousands of dollars on average since the start of the year—thanks to inflation and a bear market. Rapper Kanye West agrees to buy social media platform Parler after he was kicked off two other platforms. Chinese leader Xi Jinping tightens his reign over the country and says he is determined…


Average 401(k) Down $34K This Year: Economists; Kanye West to Buy Social Media Parler | NTD Business

American retirement accounts losing tens of thousands of dollars on average since the start of the year—thanks to inflation and a bear market. Rapper Kanye West agrees to buy social media platform Parler after he was kicked off two other platforms. Chinese leader Xi Jinping tightens his reign over the country and says he is determined to…


Biden Releases More Oil From Reserves; China Lags Behind the U.S. in Tech War? | NTD Business

President Biden responds to the OPEC+ production cuts: He’s doubling down on renewable energy and releasing more oil from the Strategic Petroleum Reserves, which is now at historically low levels. Billionaire Elon Musk says he wants to create an “everything app” — and Twitter could speed that up. But what exactly is he talking about? Which…


Biden Releases More Oil From Reserves; China Lags Behind the US in Tech War? | NTD Business

President Joe Biden responds to the OPEC+ production cuts: He’s doubling down on renewable energy and releasing more oil from the Strategic Petroleum Reserves, which is now at historically low levels. Billionaire Elon Musk says he wants to create an “everything app”—and Twitter could speed that up. But what exactly is he talking about? Which country…


Americans Should Play ‘Game of Chess,’ Not Game of Money, in Competition with China: Reagan Admin Official

What was a conceptual cornerstone of President Ronald Reagan’s Strategic Defense Initiative is needed now in America more than ever in the face of rising threats from the Chinese Communist Party, a former Reagan administration official warns. Michael Sekora, director of the once-classified Project Socrates, says the project was meant to find out what was…