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

Chinese Hackers Spy On Critical U.S. Infrastructure

A state-sponsored Chinese hacking group has been spying on a wide range of U.S. critical infrastructure organizations, from telecommunications to transportation hubs, Western intelligence agencies and Microsoft said on Wednesday.

While China and the United States routinely spy on each other, analysts say this is one of the largest known Chinese cyber-espionage campaigns against American critical infrastructure.

Read More:  Newsmax

Biden Admin Terminates Grant To Chinese Linked Energy Firm

The Biden administration informed lawmakers Monday that it will no longer award a $200 million grant to a Chinese-linked energy technology firm in an unexpected reversal.

Microvast, a Texas-based maker of technology for electric vehicle batteries, won’t receive the lucrative grant which had been earmarked under the 2021 infrastructure package. Republican lawmakers have for months called on the agency to rescind the grant after its Chinese ties were revealed last year.

Read More:  Fox News