Treasury Secretary Janet Yellen is in Beijing. She’s the first of her post to visit China in five years, and her trip is surrounded by new action from the Chinese regime, rattling American businesses in the country. How big of an impact will the visit have on the spiraling relations?
U.S. Treasury Secretary Janet Yellen is in China, but how difficult will it be for her to mend bridges? We bring you an overview of what’s straining U.S.-China ties. Two packages labeled as beauty products were full of drugs from China and headed for Washington, D.C. Border Patrol says officers seized the covert shipment on […]
Washington “does not seek to decouple from China, nor does it seek technological decoupling from China,” said U.S. Commerce Secretary Gina Raimondo on March 10 during her visit to India, which could become a key supplier of electronic parts and hardware for the United States.
The newest Republican presidential candidate is calling for a harsher stance on China. Biotech entrepreneur Vivek Ramaswamy—who declared his candidacy—posted this on Twitter: “I’m calling for a Declaration of Independence from China. Total decoupling. Xi Jinping shot China’s economy last year as part of his egomaniacal quest for a 3rd term. This gives us a […]
The Justice Department is suing Steve Wynn. The former CEO of Wynn Resorts is accused of acting as a Chinese agent, and lobbying then-President Donald Trump. Shanghai’s lockdown is causing a drug supply shortage in the United States. The Chinese city’s production has slowed to a halt as workers isolate at home. A lobby group […]
Is the Chinese Communist Party willing to decouple from the U.S.? Chinese premier Li Keqiang says no. He said on Friday, that China and the U.S. should step up communications while managing their differences reasonably and constructively.
Chinese companies listed on U.S. stock exchanges have a combined market capitalization of over half a trillion dollars. But they don’t comply with American financial regulations, because Beijing restricts access to full audits. Congressional members on both sides of the aisle have demanded more transparency, and the Trump administration has made moves to stop U.S. […]
House Republicans unveiled a new committee on May 7 to combat threats from the Chinese Communist Party (CCP) as the regime’s role in the CCP virus’s global spread comes under scrutiny. “China’s coverup directly led to this crisis,” House Minority Leader Kevin McCarthy said in a press briefing announcing the initiative. “It follows the same […]
