Archive For The “China” Category

Alexandria Ocasio-Cortez: New Yorkers “Outraged” over 25,000 new jobs in NY and VA….

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“The 29-year-old former waitress ran on a deeply progressive platform characterized by expansive social benefits including medicare-for-all and tuition-free higher education but has not yet detailed exactly how she will raise sufficient revenue to fund her policies.

Asked about the $32.6 trillion price tag recently placed on Sanders’ Medicare-for-all plan, Ocasio-Cortez has fallen back on the savings that would result from eliminating out-of-pocket cost to the consumer at the point of care.”

https://www.nationalreview.com/news/ocasio-cortez-claims-new-yorkers-are-outraged-over-opening-of-new-amazon-headquarters/

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With new indictment, U.S. launches aggressive campaign to thwart China’s economic attacks – The Washington Post

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““This was,” said U.S. Attorney for the Northern District of California Alex Tse, “some of the most advanced semiconductor technology in the world.”

If convicted, the defendants face up to 14 years in prison and $5 million in fines. The two companies, United Microelectronics and Jinhua, could face fines worth more than $20 billion. The three men charged Thursday are in China, U.S. officials said.”

https://www.washingtonpost.com/world/national-security/with-new-indictments-us-launches-aggressive-campaign-to-thwart-chinas-economic-attacks/2018/11/01/70dc5572-dd78-11e8-b732-3c72cbf131f2_story.html

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

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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

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

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“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

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

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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

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

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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

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Head of Interpol missing in China

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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

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

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

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China may soon regret slapping 25% tariffs on US soybeans

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“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

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

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“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

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