Tag Archives: China

Biden Family Opened More Than 20 Shell Companies To Launder Money

The Biden family opened more than 20 shell companies to hide payments and launder money, House Oversight Committee Chair James Comer (R-KY) said Sunday.

The committee revealed the Biden family business over the course of several years received over $10 million from business schemes in Romania and China in return for what appears to be influence peddling.

Read More:  Breitbart

China Restricts Export of Chipmaking Metals in Clash With US

China imposed restrictions on exporting two metals that are crucial to parts of the semiconductor, telecommunications and electric-vehicle industries in an escalation of the country’s tit-for-tat trade war on technology with the US and Europe.

Gallium and germanium, along with their chemical compounds, will be subject to export controls meant to protect Chinese national security starting Aug. 1, China’s Ministry of Commerce said in a statement Monday.

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France’s Macron Seeks Invite To BRICS Summit

French President Emmanuel Macron reportedly asked South African President Cyril Ramaphosa to invite him to the BRICS summit in Johannesburg this August, in a June 3 phone conversation that was made public this week.

The core members of BRICS are Brazil, Russia, India, and China, with South Africa added in 2011. The general goal of BRICS is to create an alternative to the G7 that is aligned more closely with the interests of developing nations – a role China still claims, even as it has become one of the world’s largest economies.

Read More:  Breitbart