President Joe Biden has issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base. The order forces the divestment of property operated as a crypto mining facility near the Francis E. Warren Air Force Base. It also forces the removal of certain equipment owned by MineOne Partners Ltd., a firm that is partly owned by the Chinese state. This comes as the US is slated on Tuesday to issue major new tariffs on electric vehicles, semiconductors, solar equipment, and medical supplies imported from China, according to a US official and another person familiar with the plan. The divestment order was made in coordination with the US Committee on Foreign Investment in the United States a little-known but potentially powerful government agency tasked with investigating corporate deals for national security concerns that holds power to force the company to change. A 2018 law granted CFIUS the authority to review real estate ...
The impact on Chinese industries, however, is expected to be limited
It was 7 a.m. on a recent Friday when Wang Gang, a 36-year-old Chinese immigrant, jostled for a day job in New York City's Flushing neighbourhood. When a potential employer pulled up near the street corner, Wang and dozens of other men swarmed around the car. They were hoping to be picked for work on a construction site, at a farm, as a mover anything that would pay. Wang had no luck, even as he waited for two more hours. It would be another day without a job since he crossed the southern US border illegally in February. The daily struggle of Chinese immigrants in Flushing is a far cry from the picture former President Donald Trump and other Republicans have sought to paint of them as a coordinated group of military-age men who have come to the United States to build an army and attack America. Since the start of the year, as the Chinese newcomers adjust to life in the US, Trump has alluded to fighting age or military age Chinese men at least six times and suggested at least twice
Since September 2020, China has intensified its use of 'grey zone tactics' by operating more military aircraft and naval ships near Taiwan
Specific sectors were also set to include semiconductors and solar equipment, according to one of the people
Shipments from China grew 1.5% year-on-year last month
China's military budget had hit a historic low in the 1990s, falling lower than even Taiwan's, till a US bomb strike became a wake-up call for Beijing
Users of the Meta Platforms Inc. service in Beijing and Shanghai, who normally employ workarounds like a virtual private network to get on the service, are using it normally
Huawei's resurgence in the high-end smartphone market after four years of US sanctions is being widely watched
China's military criticized a U.S. destroyer's passage through the Taiwan Strait, which occurred less than two weeks before the island's new president takes office and while Washington and Beijing are making uneven efforts to restore regular military exchanges. Navy Senior Capt. Li Xi, spokesman for the Eastern Theater Command, accused the U.S. of having publicly hyped the passage of the USS Halsey on Wednesday. In a statement, Li said the command, which oversees operations around the strait, organized naval and air forces to monitor" the ship's transit and handle matters in accordance with laws and regulations. The Navy's 7th Fleet said the Halsey conducted a routine Taiwan Strait transit on May 8 through waters where high-seas freedoms of navigation and overflight apply in accordance with international law." The Arleigh Burke-class guided-missile destroyer transited through a corridor in the Strait that is beyond the territorial sea of any coastal state, the fleet's statement ...
The White House said in February the Commerce probe was being opened because vehicles "collect large amounts of sensitive data on their drivers and passengers
The US agrees that China has more missiles, more ships and more men, but it has a plan to counter Beijing's quantitative military edge
TikTok's Beijing-based parent, ByteDance Ltd, is refusing to share information with the US lawyers about its platforms in China and other countries, saying it's not relevant to the ongoing litigation
The United States is a country of immigrants, the White House has said, defending President Joe Biden's remarks calling two of his QUAD partners -- India and Japan -- as well as Russia and China "xenophobic" nations, asserting that none of these countries, unlike the US, welcome immigrants. Responding to a question about the remarks made by Biden at an election fundraiser on Wednesday, White House Press Secretary Karine Jean-Pierre said that the president was making a "broader point". He was making a broader point. Our allies and partners know very well that how much this president respects them," Jean-Pierre told reporters at her daily news conference on Thursday. "As you know, in regard to Japan, they were just here for the state visit. The US-Japan relationship is an important relationship. It's a deep, enduring alliance, she said. "He (Biden) was making a more broad comment, speaking about this country and speaking about how important it is to be a country of immigrants and ho
GoPro's complaint said Insta360's products, which include action and 360-degree cameras and systems and associated mounting systems and frame, infringe GoPro patents
More than 40 per cent of Americans now label China as an enemy, up from a quarter two years ago and reaching the highest level in five years, according to an annual Pew Research Center survey released Wednesday. Half of Americans think of China as a competitor, and only 6 per cent consider the country a partner, according to the report. The findings come as the Biden administration is seeking to stabilise US-China relations to avoid miscalculations that could result in clashes, while still trying to counter the world's second-largest economy on issues from Russia's war in Ukraine to Taiwan and human rights. Secretary of State Antony Blinken and Treasury Secretary Janet Yellen have both recently visited China in the administration's latest effort to responsibly manage the competition with Beijing. Despite those overtures, President Joe Biden has been competing with former President Donald Trump, the presumptive Republican nominee in November's election, on being tough on China. The
The US now appears to be moving away from an open internet with unrestricted data flows and towards selected fragmentation based on national security concerns
Subtle shifts in the texture of Sino-US ties
Xi Jinping noted some progress since his meeting with US President Joe Biden, but stressed on continued efforts and addressing outstanding concerns
The United States and China butted heads over a number of contentious bilateral, regional and global issues as U.S. Secretary of State Antony Blinken met Friday with senior Chinese officials and warned of the dangers of misunderstandings and miscalculations. Blinken's discussions started with Chinese Foreign Minister Wang Yi and then Public Security Minister Wang Xiaohong, who said Blinken would also see President Xi Jinping a meeting that had been expected but not previously announced by either said. A State Department official confirmed that Blinken would meet the president before leaving the country late Friday. Talks between the two sides have increased in recent months, even as differences have grown. Blinken and Wang underscored the importance of keeping lines of communication open, but they also lamented that divisions were becoming more serious in nature. They each underscored the importance of keeping lines of communication open but they also lamented persistent and ...