Archive For The “China” Category

World Government: Red China may block Disney-Fox Deal in USA

By |

Although already given a green light by shareholders and the U.S. Department of Justice, the Disney-Fox deal requires antitrust approval from a number of national regulators around the world. And the growth of China’s massive marketplace gives Beijing’s voice, in particular, considerable sway. American chipmaker Qualcomm, for example, saw its $44 billion acquisition of a Dutch semiconductor company go bust in July when China declined to rule on the transaction.

https://www.hollywoodreporter.com/news/will-china-try-block-disney-fox-deal-1152832

Read more »

China Is Working to Remove President Donald Trump, Mike Pence Warns

By |

“Beijing has mobilized covert actors, front groups and propaganda outlets to shift Americans’ perception of Chinese policies,” the vice president will say, according to prepared remarks seen by the Journal. “As a senior career member of our intelligence community recently told me, what the Russians are doing pales in comparison to what China is doing across this country.”

https://www.newsweek.com/china-working-remove-president-trump-mike-pence-warns-1152677

Read more »

The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies

By |

Nested on the servers’ motherboards, the testers found a tiny microchip, not much bigger than a grain of rice, that wasn’t part of the boards’ original design. Amazon reported the discovery to U.S. authorities, sending a shudder through the intelligence community. Elemental’s servers could be found in Department of Defense data centers, the CIA’s drone operations, and the onboard networks of Navy warships.

https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies?srnd=premium

Read more »

U.S. actively considering waivers on Iran oil sanctions | Reuters

By |

The comments followed news that India, Iran’s No. 2 oil customer after China, will buy 9 million barrels of Iranian oil in November. It was an indication that India will continue purchasing crude from Iran, despite the Trump administration’s push to get countries to stop their purchases.

https://www.reuters.com/article/us-usa-iran-sanctions/u-s-actively-considering-waivers-on-iran-oil-sanctions-idUSKCN1MF2JO

Read more »

Head of Interpol missing in China

By |

Hong Kong newspaper South China Morning Post reported that the 64-year-old had been “taken away” for questioning by Chinese authorities “as soon as he landed in China” last week, citing an anonymous source. It reported that it was not clear why he was being investigated or where he was being held.

https://www.dw.com/en/head-of-interpol-meng-hongwei-missing-after-china-trip/a-45766942

Read more »

Photos show how close Chinese warship came to colliding with US destroyer – CNNPolitics

By |

https://www.cnn.com/2018/10/02/politics/us-china-destroyers-confrontation-south-china-sea-intl/index.html

Read more »

China may soon regret slapping 25% tariffs on US soybeans

By |

“There simply aren’t enough soybeans in the world to satisfy Chinese demand” if you take out US supplies, said Michael Magdovitz, a commodities analyst at investment bank Rabobank in London.

https://www.cnn.com/2018/10/01/economy/china-soybeans-trade-war/index.html

Read more »

China strikes back by going after America’s energy companies – CNN

By |

“If China buys less, someone else will buy more,” said Pavel Molchanov, an energy analyst at Raymond James. “It doesn’t matter if it’s a Chinese buyer, a European buyer or a Latin American buyer. Revenue is revenue.”

https://www.cnn.com/2018/09/27/business/china-lng-tariffs-trade-war/index.html

Read more »

Attention WalMart Shoppers: U.S. and China Are Canceling Port Visits

By |

This has happened before, but relations always improved and the visits continued. This time however America’s attitude towards China is hardening and China—particularly leader Xi Jinping—is in no mood to show weakness by acquiescing. Washington hasn’t seen this kind of rapid erosion of ties with a near-peer power since Stalinist Russia and the onset of the Cold War.

https://foxtrotalpha.jalopnik.com/the-u-s-and-china-are-canceling-one-another-s-port-vis-1829333220

Read more »

China slashes steel, textile, wood, paper, mineral, and gemstone tariffs in response to pressure from President Trump

By |

““Reducing tariffs is conducive to promoting the balanced development of foreign trade and promoting a higher level of opening up to the outside world,” the finance ministry said.”

https://www.washingtonexaminer.com/news/white-house/china-slashes-steel-textile-tariffs-as-trump-ratchets-up-pressure

Read more »