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☆ U.S. curbs on China to rise as 'decoupling is really in full force,' expert warns, amid possible TikTok ban
▼ + stars: | 2024-03-12 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

"The question is to what extent and how broad will it be," Okun told CNBC's "Street Signs Asia" on Monday. House Speaker Mike Johnson told reporters the TikTok divesture bill will be on the floor on Wednesday. The Committee wants a "reset," with China Okun said. It is going to apply certainly into biotech – I think this is the sector you want to watch next." The U.S. Senate voted earlier this month to approve a bill that could restrict business with Chinese biotech firms, such as WuXi AppTec and BGI, on national security concerns.

Persons: Steven Okun, Okun, CNBC's, Mike Johnson, China Okun Organizations: APAC Advisors, ByteDance, Chinese Communist Party, U.S, Senate Locations: China, America, U.S, WuXi

☆ The proposed TikTok ban has been deemed unconstitutional by some, but framing around national security could help advance it
▼ + stars: | 2024-03-12 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

Read previewThe widely-popular social media app TikTok is once again facing a possible ban in the United States over concerns about its links to China. "It is targeted to address the national security threat that we believe these apps, like TikTok, pose to the United States because of its ownership by a foreign adversary." "The First Amendment protects Americans' right to access social media platforms of their choosing," Krishnan said. Former President Donald Trump in Tulsa, Okla. AP Photo/Sue OgrockiTrump once supported a TikTok ban, but is now against itMeanwhile, Trump — whose administration tried to ban TikTok in the US — but was blocked from doing so in court after TikTok sued — has now come out against a ban for the app. "If you get rid of TikTok, Facebook and Zuckerschmuck will double their business," Trump argued on his social media platform, Truth Social, in a dig at Meta CEO and Facebook founder Mark Zuckerberg.

Persons: —, Donald Trump, Sarah Kreps, TikTok's, weaponize, Steve Scalise, Cathy McMorris Rodgers, McMorris Rodgers, Kreps, ByteDance, Krishnan, TikTok, Sue Ogrocki Trump, Trump, Zuckerschmuck, Mark Zuckerberg, Jenna Leventoff, Leventoff Organizations: Service, Business, Tech, Institute, New York's Cornell University, Foreign, ByteDance Ltd, Republican, GOP, House Energy, Commerce Committee, Fox Business, Columbia University, Columbia Law School, Chinese Communist Party, AP, Facebook, Meta, Commerce, American Civil Liberties Union, Center for Democracy and Technology Locations: United States, China, TikTok's Beijing, New York, Tulsa, Okla, TikTok

☆ Former U.S. official's work for Chinese client stirs concern over disclosure loopholes
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: +4 min

Advocating for foreign clients is legal and U.S. law includes a public disclosure exemption for lawyers. The Paul, Weiss law firm declined to comment on the letter, and Lynch did not respond to Reuters emails. The U.S. Treasury and Commerce departments say DJI supported biometric surveillance and tracking of Muslim Uyghur minorities in China. "It is appalling that former senior U.S. officials use their connections to serve the interests of U.S. adversaries," Risch said. Others argue that stricter FARA rules on disclosure could give authoritarian countries like Russia and China cover for their own stifling of free speech.

Persons: Loretta Lynch, Obama, Lynch, Paul, Weiss, DJI, FARA, Jim Risch, Risch, Jonathan Turley, Turley Organizations: U.S, senior Defense Department, SZ DJI Technology Co, U.S . Department of Justice, Reuters, Department of Defense, China's Communist Party, U.S . Treasury, Commerce, The Defense Department, Pentagon, Justice, Republican, Senate Foreign Relations, American Civil Liberties Union, Justice Department, George Washington University Locations: FARA, U.S, China, WuXi, Russia

☆ Problems in China have US intelligence worried the rising military power may become 'even more aggressive and unpredictable'
▼ + stars: | 2024-03-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

China may act "even more" aggressively and unpredictably thanks to its domestic problems, US intel said. China's demographic issues, as well as economic challenges, put its leadership and military in difficult positions. US intel suggested China's global leadership and military ambitions are meeting resistance. AdvertisementAs China grapples with mounting domestic challenges, its already concerning behavior on the world stage may become even more aggressive and unpredictable, according to US intelligence. "China's serious demographic and economic challenges may make it an even more aggressive and unpredictable global actor," the threat assessment said.

Persons: —, Xi Jinping, Yang Jie, That's Organizations: intel, Service, US Intelligence Community, National Intelligence, Pentagon, People's Liberation Army Navy, Getty, Democratic Progressive Party's, East China, East China Seas, Liberation Army, Chinese Communist Party, CCP, Force Locations: China, United States, China's, Zhanjiang, Guangdong Province, Xinhua, Taiwan, Beijing, South, East, East China Seas, Philippine, PRC, People's Republic of China, Hefei, Anhui province, COVID

☆ Analysis: As Putin sails to re-election, Russia’s leader has a succession problem
▼ + stars: | 2024-03-11 | by ( Nathan Hodge | ) edition.cnn.com time to read: +7 min

CNN —Russian President Vladimir Putin is widely expected to sail to re-election in a nationwide vote that begins on March 15, securing a fifth term in office and a full third decade as Russia’s paramount leader. As Kremlin chairman, Russian Prime Minister Mikhail Mishustin would become the country's leader temporarily if Putin were to die or be incarcerated while in office. In 2008, Putin reached the end of his second presidential term, and stepped aside for a handpicked placeholder, Dmitry Medvedev. Some Russian political observers speculate that the real competition to succeed Putin is not likely until the 2030s, when Putin reaches his sixth term. Even the former president Medvedev, who lost the number two slot in 2020 when he stepped down in a government shakeup, may still have aspirations.

Persons: Vladimir Putin, Alexey Navalny, Joseph Stalin, Putin, Dmitry Peskov, Putin “, Joe Biden, Putin’s, …, ”, Andreas Umland, “ Putin, ” Umland, Wagner, Yevgeny Prigozhin –, “ It’s, Umland, Mikhail Mishustin, Gleb Schelkunov, Dmitry Medvedev, Medvedev, Irina Buzhor, Leonid Brezhnev, Alexander Lukashenko, Xi Jinping, Nursultan Nazarbayev, Nazarbayev, President Kassym, Tokayev, Andrey Pertsev Organizations: CNN, Stockholm Centre, Eastern European Studies, Russian, Russian Federation, Soviet, Air Force One, United Russia, Russian Security Council, AP, Chinese Communist Party, country’s Security, Kremlin Locations: Soviet, Ukraine, Moscow, Russia, Russian, Belarusian, Kazakhstan

☆ Tighter control and high-tech push: Key takeaways from China’s biggest annual political event
▼ + stars: | 2024-03-11 | by ( Simone Mccarthy | Nectar Gan | ) edition.cnn.com time to read: +6 min

The event, held largely without Covid restrictions for the first time in years, is a rare chance for the world to glimpse into an increasingly opaque political system under Xi. Here are the major takeaways from the gathering:Tightening controlThe closing day of the National People’s Congress legislature on Monday was missing a key event – a press conference conducted by the Chinese premier. High-tech pushAn overarching theme of the gathering was a push to focus China’s economic model on technology innovation and transform the country into a high-tech powerhouse. That included a boost to China’s annual budget for science and technology by 10% to an unprecedented 370.8 billion yuan ($51.6 billion). Two high-ranking posts in China’s cabinet previously occupied by Li and Qin remain open.

Persons: Xi Jinping, Mao Zedong’s, Xi, Li, ”, Washington, Wang Yi, who’d, Qin Gang, Li Shangfu, Qin Organizations: Hong Kong CNN, of, National People’s, State Council, Observers, Chinese Communist Party, ”, National People’s Congress, Foreign Locations: China, Beijing, Hong Kong, United States

☆ China's annual parliamentary meeting has ended. Here are the key takeaways
▼ + stars: | 2024-03-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — China's weeklong annual parliamentary meetings ended on Monday and for the first time in decades, the Chinese premier did not host a press conference. Such press conferences were a rare instance of press interaction with the highest levels of China's government. To be clear, the annual gathering of the top leadership is typically ceremonial in nature. The real power lies with the ruling Communist Party, which is headed by Xi, who is general secretary of the party and president of China. Here are some highlights of what was announced at this year's week-long parliamentary meeting, which started Tuesday last week and ended Monday.

Persons: Xi Jinping, Xi Organizations: of, Initiative, People's Congress, National People's, Communist Party Locations: Beijing, China, BEIJING

☆ House GOP pushes ahead with TikTok bill despite Trump opposition
▼ + stars: | 2024-03-11 | by ( Melanie Zanona | Haley Talbot | ) edition.cnn.com time to read: +6 min

And he recognized that TikTok was a national security threat, and we are proceeding, because that threat continues today,” she said. Nowhere in the bill does it say Tiktok,” Pence told CNN. The measure’s fate, however, is less certain in the Senate, but Scalise told CNN he’s had conversations with senators who are “interested” in the legislation. While many senators told CNN they were still reviewing the legislation Monday night, there is a core group of senators who have expressed support or openness to the House bill. “He’s wrong,” Roy, a House Freedom Caucus member, told CNN.

Persons: Donald Trump, Cathy McMorris Rodgers, TikTok, ”, “ I’m, there’s, McMorris Rodgers, “, Morgan Griffith, doesn’t, Jeff Duncan, CNN he’s, we’ve, ByteDance, ” Duncan, “ We’ve, Greg Pence, Bill, can’t, ’, ” Pence, Steve Scalise, Scalise, Shou Chew, Chew, Mariannette Miller, Meeks, Chip Roy, ” Roy, it’s, Tik Tok, Bob Good, Troy Nehls, Trump, ” Nehls, CNN’s Sam Fossum, Manu Raju, Lauren Fox Organizations: CNN — House Republicans, House Energy, Republican, GOP, of Justice, Energy, Commerce, ”, Caucus, CNN, Chinese Communist Party, South Carolina Republican, Republicans, Punchbowl News, Trump, Rep, Iowa Republican, Texas Republican, Communist, Texas Rep Locations: United States, Virginia, Indiana, Texas, China

☆ China Passes Law Granting Communist Party More Control Over Cabinet
▼ + stars: | 2024-03-11 | by ( March | At A.M. | ) www.usnews.com time to read: 1 min

Health News Bulletin Stay informed on the latest news on health and COVID-19 from the editors at U.S. News & World Report. Sign Up Sign in to manage your newsletters »Sign up to receive the latest updates from U.S News & World Report and our trusted partners and sponsors. By clicking submit, you are agreeing to our Terms and Conditions & Privacy Policy.

Organizations: U.S . News, U.S News

☆ Former U.S. ambassador to Singapore says Chinese military action is 'very unlikely'
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer U.S. ambassador to Singapore says Chinese military action is 'very unlikely'David Adelman, a former U.S. ambassador to Singapore, says that's because it would "undermine the Communist Party's desire for stability and the People's Republic of China's interest in stability."

Persons: David Adelman Organizations: Former U.S Locations: Singapore, U.S, People's Republic

BEIJING (AP) — China’s national congress is wrapping up its annual session Monday with the usual show of near-unanimous support for plans designed to carry out ruling Communist Party leader Xi Jinping's vision for the nation. This year's weeklong event, replete with meetings carefully scripted to allow no surprises, has highlighted how China’s politics have become ever more calibrated to elevate Xi. A key item due to be put for a ritual vote on Monday are revisions of the “Organic Law of the State Council,” China's version of a cabinet, that direct it to follow Xi's vision. The Organic Law of the State Council is being revised for the first time since it was adopted in 1982. The revision calls for the State Council, above all, to “uphold the leadership of the Communist Party of China."

Persons: Xi, —, Li Qiang, ” Neil Thomas, ” Thomas, Wang Yi, Qin Gang, Mao Zedong, ” Organizations: BEIJING, —, Communist Party, State Council, Asia Society Policy Institute, Communist Party of China Locations: China, China's, U.S

☆ He was once hailed as the pride of China. Now nationalists are coming for this Nobel laureate
▼ + stars: | 2024-03-11 | by ( Nectar Gan | ) edition.cnn.com time to read: +9 min

Now, some of China’s most zealous online nationalists have a new target in their crosshairs: the country’s first officially recognized Nobel laureate. Mo Yan receives the 2012 Nobel Literature Prize from King Carl Gustaf of Sweden during an award ceremony on December 10, 2012 in Stockholm. He accused Wu of creating a publicity stunt by “maliciously framing” the Nobel laureate and taking his words out of context. In 2011, he was named the vice chairman of the state-run Chinese Writers Association – an appointment that could not have been made without the blessing of the party. In 2022, Sima Nan, a nationalist pundit known for his inflammatory criticism of the United States, famously accused Mo’s Nobel win of being a Western effort to smear China.

Persons: Hong Kong CNN — They’ve, Mo Yan, Xi Jinping, Xi, Wu Wanzheng, Mao Xinghuo, Wu, Guan Moye, –, Mo, King Carl Gustaf of Sweden, Jonathan Nackstrand, ” Zhang Yongsheng, Hu Xijin, Hu, ”, Murong Xuecun, “ Xi, Mao, Writers Association –, Liu Xiaobo, Liu, caricaturize, “, doesn’t, Sima Nan, Mo’s Nobel, ” Murong Organizations: Hong Kong CNN, Communist Party, Communist, Getty, Red Guards, Tongji University, Global Times, Writers Association, Chinese Writers Association Locations: China, Hong Kong, Mo, Weibo, Stockholm, AFP, Shanghai, Beijing, Shandong, United States

☆ Analysis: China worried about return of Trump, but also sees opportunities if he wins 2024 election
▼ + stars: | 2024-03-10 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +15 min

Then-US President Donald Trump and his wife Melania with Chinese leader Xi Jinping and his wife Peng Liyuan at Beijing's Forbidden City in 2017. “If this decoupling is carried out by Trump 2.0 in a very forceful way, the impact on China is going to be very severe. But experts say China’s business and official sectors are likely already considering contingency plans. Chinese leader Xi Jinping and Russian President Vladimir Putin leave a reception following talks at the Kremlin in March 2023. “Whoever wins – the structure of (US) confrontation, competition, pressure to China are still there,” he said.

Persons: Joe Biden, Xi, Donald Trump, didn’t, –, Biden, Wang Yi, Trump, He’s, Trump’s, Brian Wong, ” Wong, Lintao Zhang, Obama, Melania, “, Xi Jinping, Peng Liyuan, Xie Huanchi, he’s, ”, Bala Ramasamy, Shen Dingli, Premier Li Qiang, Ronald Reagan, “ Biden, Shen, ” Trump, skeptically, Vladimir Putin, Putin, Pavel Byrkin, Wong, it’s, Wang Yiwei Organizations: Beijing CNN —, Communist Party, Biden, Senior, Trump’s “, University of Hong Kong’s, Contemporary, House, oceanside, Trump, of, Forbidden, Huawei, Oxford Economics, China Europe International Business School, Premier, American, South Korea Navy, Asia –, Russia’s, NATO, Europe, Kremlin, Getty, South Korea –, White House, Renmin University Locations: China, Beijing, State, US, Russia, Communist, Contemporary China, Taiwan, Lago, City, Xinhua, Shanghai, Southeast Asia, Latin America, Europe, China's Qingdao Port, –, Asia, Seoul, Tokyo, Ukraine, United States, AFP, Japan, South Korea, America, Washington, Hong Kong, South China

☆ Inside a Michigan Town's War Over a Chinese-Owned Battery Plant
▼ + stars: | 2024-03-10 | by ( Brent Crane | ) www.businessinsider.com time to read: +24 min

This was nothing short of a communist invasion, in his eyes, and the patriots of Green Charter needed to rise up and confront the Red Peril. But the backlash in Green Charter represents something seldom seen since the Red Scare: a quasi-militant, homegrown resistance to the perceived threat of communism at home. But as the war over Gotion began to consume Green Charter, Riebow began to feel that the township board was behaving "too secretly." It's easy to dismiss what's happened in Green Charter as yet another sign of America's descent into dangerous incivility. Asked about Gotion's plans in Green Charter, Panetta replied, "I don't think there's any question that they are going to take advantage of that situation."

Persons: Jeff Peticolas, Sam Peticolas, He'd, Peticolas, Gos, Green, Matt Harrison Clough, Jim Chapman, I've, Chapman, freaked, Rush Doshi, Joe Biden's, Doshi, Donald Trump, Sen, Katie Britt, Lori Brock, Kristina Karamo, Lana Theis, John Moolenaar, it's, Gotion, John Holdsworth, I'm, Tracy Ruell, Ruell, Carlleen Rose, she'd, Suzi, Tim Hahn, Hahn, texted Hahn, Jeff, Corri Riebow, She'd, Riebow, Breitbart, Gretchen Whitmer, —, we've, Holdsworth, Jason Kruse, Kruse, that's, Kruse demurred, Hahn's, we're, We're, what's, William Evanina, Leon Panetta, Barack Obama's, Panetta, Brent Crane Organizations: Imperial, Pacific, Nikon, Ferris State University, Tech, Green Charter, BI Green Charter, Michigan, United States, Chinese Communist Party, Michigan Republican Party, Michigan GOP, WE, Republican, Republicans, Gotion, Treasury Department, BI, CCP politburo, Party, Communist Party of China, SAIC, Nexteer Automotive, Facebook, Big Rapids, Local, Moolenaar, Fox News, Daily Mail, Gov, Green Charter's, Ferris State, Big, FBI Locations: Pearl, He'd, Imperial Japan, Vietnam, Mecosta County , Michigan, American, Green Charter, Green, China, Green Charter's, Montana, Beijing, Arkansas, Reedley , California, Manteno , Illinois, Washington, America, United, United States, Biden's State, Alabama, Mecosta County, Michigan, Sweden, Big Rapids, enervated, Gotion, Northern Michigan, USA, Filipino, Charter, San Diego

☆ Opinion: The world’s dangerous place has only gotten more dangerous
▼ + stars: | 2024-03-10 | by ( Fareed Zakaria | ) edition.cnn.com time to read: +5 min

Editor’s Note: Fareed Zakaria is the host of Fareed Zakaria GPS, airing at 10 a.m. and 1 p.m. ET and PT tonight on CNN, Fareed’s latest special report, “Taiwan: Unfinished Business,” will examine the complicated history and present dangers surrounding Taiwan. The backdrop to the tensions over Taiwan is, of course, the expanding geopolitical rivalry between China and the United States. Washington has been willing to accept China’s claims on Taiwan as long as it did not use coercion to achieve them. This is one place on Earth where there should be little room for macho rhetoric and provocative actions.

Persons: Fareed Zakaria, Fareed, Read, Fareed’s, ”, —, Xi Jinping, Donald Trump, Graham Allison, “, Joe Biden, Brendan Smialowski, Mao Zedong Organizations: CNN, Fareed’s, Unfinished, Harvard, Economic Cooperation, APEC, Getty, America Locations: Taiwan, China, United States, Soviet, Asia, Woodside , Calif, AFP, Soviet Union, Pakistan, India, People’s Republic of China, Communist China, Washington, Beijing

☆ Article 23: Hong Kong unveils its second national security law, aligning city more closely with mainland China
▼ + stars: | 2024-03-08 | by ( Chris Lau | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Hong Kong’s government unveiled a new suite of powerful national security laws on Friday that critics and foreign governments warn could deepen the ongoing crackdown in the city and further undermine its reputation as an international business hub. They point to the application of national security laws in mainland China as well as in Hong Kong where a Beijing-imposed national security law has already transformed the once outspoken city since 2020, silencing almost all dissent and jailing dozens of political opponents. The new draft Hong Kong law – known locally as Article 23 – is aimed at “filling the loopholes” left by the Beijing-imposed version enacted in 2020, according to the Hong Kong government. But the atmosphere in Hong Kong this time around is very different. Many of the city’s leading pro-democracy figures are in jail either convicted or facing charges under the 2020 national security law.

Persons: ”, Hong Kong’s, –, John Lee –, “ Organizations: Hong Kong CNN, Hong, China’s Communist Party, Chinese Communist Party, Authorities, Security, US Department of State Locations: Hong Kong, China, Beijing, Hong, United States

☆ Biden says he'll ban TikTok if Congress passes bill, but he's campaigning on it until then
▼ + stars: | 2024-03-08 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

Nathan Howard | ReutersSince Biden's playful intro post, his campaign's TikTok account has notched over 222,000 followers and over 2.4 million likes. The Biden campaign didn't immediately respond to a request for comment. On the app, users were greeted with a screenshot warning them that Congress was "planning a total ban of TikTok." TikTok goes to WashingtonU.S. political campaigns more broadly are trying to figure out how best to utilize TikTok. Last April, for instance, the White House said it was enlisting a squad of volunteer TikTok and Instagram influencers to help spread awareness of the Biden campaign.

Persons: Jaap Arriens, Joe Biden, TikTok, Maggie Macdonald, Biden, Kansas City Chiefs —, Macdonald, China's ByteDance, Troy Balderson, Shou Zi Chew, Nathan Howard, Donald Trump, Aaron Earls, Biden's, Karine Jean, Pierre, didn't, influencers, it's, Kennedy, Earls, Marilyn Monroe, Joe DiMaggio, Anupam Chander, —, Vivek Ramaswamy, wouldn't, We've, we'll, Anish Mohanty, Mohanty, that's Organizations: Nurphoto, Kansas City Chiefs, University of Kentucky, Washington , D.C, U.S, Chinese Communist Party, CCP, CNBC, U.S . Capitol, Reuters, Republican, Democratic, Senate, White, Biden, Washington U.S, Facebook, Democratic National Committee, Climate Power, Georgetown University Law Center, Congress, Trump, TikTok, Republican Party Locations: Australia, Singapore, Mexico, Washington ,, U.S, Ohio, Washington , U.S, Washington, China, Gaza

☆ Congressional probe finds communications gear in Chinese cranes, raising spying concerns
▼ + stars: | 2024-03-07 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

CNN —Some Chinese-made cranes used at US ports contain communications equipment with no clear purpose or record of their installation, according to a new congressional investigation that will heighten US concerns that the cranes could be used for surveillance or sabotage. It comes amid heightened US-China tensions over national security and as the Coast Guard last month ordered the ports to better secure the Chinese-made cranes. The modems were found “on more than one occasion” on the ZPMC cranes, the aide said. Chinese-made cranes account for nearly 80% of the cranes used at US ports, according to the Coast Guard. Having modems embedded in cranes’ operational systems “physically bypasses” the ports’ traditional IT security defenses, Ayala told CNN.

Persons: Mark Green, ZPMC, “, Liu Pengyu, ” Liu, John Vann, ” Cary Davis, ”, Biden, Marco Ayala, Ayala Organizations: CNN, Homeland Security, Coast Guard, CCP, Chinese Communist Party, ”, House Homeland Security, “, Embassy, Street Journal, Coast Guard Cyber Command, American Association of Port Authorities, U.S . Coast Guard, InfraGard National, Alliance Locations: China, Washington ,, Houston

☆ TikTok: House panel unanimously approves bill that could ban app from US app stores
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

If enacted, the bill would give ByteDance 165 days, or a little more than five months, to sell TikTok. The legislation also has the support of the White House and House Speaker Mike Johnson. House lawmakers voted unanimously in the same session Thursday to advance a second bill, one that would limit US companies’ ability to sell Americans’ personal information to foreign adversaries. Speaking to reporters on the Capitol steps Thursday, Gallagher rejected characterizations of the bill as a TikTok ban. A legislative factsheet from the sponsors of the House bill claims the proposal does not censor speech.

Persons: ”, TikTok, Shou Chew, Cathy McMorris Rodgers, Frank Pallone, “, ” Pallone, Shou Zi Chew, Jose Luis Magana, Mike Gallagher, Raja Krishnamoorthi, Mike Johnson, Steve Scalise, Washington Sen, Maria Cantwell, ” Cantwell, Gallagher, “ It’s, Dan Crenshaw, It’s, ” Crenshaw, snoop, ByteDance, Trump, Tom Williams, —, “ We’re, Jenna Leventoff, Stephanie Joyce, ” CNN’s Haley Talbot, Melanie Zanona Organizations: Washington CNN, TikTok, House Energy, Commerce, Apple, Google, “, Washington Republican, New, New Jersey Rep, Capitol, Wisconsin Republican, Illinois Democratic Rep, White, Senate, Democratic, Washington, CNN, Chinese Communist Party, Texas Republican, Oracle, American Civil Liberties Union, ACLU, Computer and Communications Industry Association, Foreign Locations: China, New Jersey, Washington, United States, Beijing, State, Rayburn, Montana

Chinese Foreign Minister Wang Yi in 2019. Mark Kauzlarich | ReutersBEIJING — China's top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing's support for peaceful resolutions to the Israel-Palestine and Russia-Ukraine conflicts. Wang said the U.S. has been devising "new ways to suppress China," saying U.S. accusations against China had reached an "unbelievable degree." While he said he sees a way forward for both countries, Wang said communication between both countries may only continue by respecting and recognizing differences. After the unexplained dismissal of Qin Gang as foreign minister in July last year, Wang reassumed the role.

Persons: Wang Yi, Mark Kauzlarich, Joe Biden's, Biden, Joe Biden, Xi Jinping, Wang, Qin, Wang reassumed, hasn't, Xi's, Lai Ching Organizations: Reuters, Reuters BEIJING —, China -, CNBC, Communist Party of, Qin Gang, United Nations, Democratic Progressive Party Locations: Reuters BEIJING, Israel, Palestine, Russia, Ukraine, China, China - U.S, San Francisco, South China, U.S, Gaza, Beijing, Taiwan, South

☆ In post-Covid China, the masks are off, but Xi’s tight control is here to stay
▼ + stars: | 2024-03-07 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

2 official, who is charged with running its economy – and one more move for Xi to cement his control over the official narrative. China's Premier Li Qiang speaks during a press conference after the closing session of the National People's Congress in Beijing on March 13, 2023. He used his first and likely last press conference last year to highlight the prominence of the Communist Party over the state government. The axing of the premier’s press conference came alongside a shortening of the “two sessions” overall – first imposed during the pandemic to prevent the spread of Covid. Traffic slowed due to checkpoints on surrounding streets, with security officials even stopping and checking IDs of some cyclists riding on a major throughfare along the square.

Persons: Xi Jinping, Xi, ”, Liu Dongshu, Jinping, Li Qiang, Greg Baker, Premier Li Keqiang, Xi protégé Li Qiang, Li, “, ” Li, Liu, ” Changhao Wei, Paul Tsai, presser, Tatan Organizations: Beijing CNN, of, National People’s Congress, City University of Hong, National People's Congress, Premier, Communist Party, Paul Tsai China Center of Yale Law School, National People's, AP, Communist Locations: Beijing, Communist, China, City University of Hong Kong, AFP, Hong Kong, Tiananmen

☆ Australia and Vietnam upgrade relations, to begin talks on critical minerals
▼ + stars: | 2024-03-07 | by ( ) www.cnbc.com time to read: +2 min

Vietnam Prime Minister Pham Minh Chinh and his wife Tran (R) stand with Australian Prime Minister Anthony Albanese (2nd L) and his fiancee Jodie Haydon (L) during an official welcoming ceremony at Parliament House in Canberra on March 7, 2024. "Elevating our ties to a comprehensive strategic partnership today places Australia and Vietnam among each other's significant partners," Albanese told a news conference in Canberra. Albanese and Chinh on Thursday also witnessed the exchanges of 12 cooperation documents on areas including energy, minerals, agriculture, banking and finance, according to the Vietnamese government. Australia is a major producer of critical minerals that are used in everything from smartphones to automobiles, while Vietnam has some of the largest untapped deposits in the world. "An annual ministerial dialogue on energy and minerals will drive cooperation in our energy and resources sectors, including critical minerals supply chains," the statement said.

Persons: Pham Minh Chinh, Tran, Anthony Albanese, Jodie Haydon, Albanese, Chinh Organizations: Vietnam, Australian, House, Communist, Mutual, Vietnam News Agency Locations: Canberra, Vietnam, China, Australia

☆ House committee unanimously supports forcing TikTok divestiture
▼ + stars: | 2024-03-07 | by ( Emily Wilkins | ) www.cnbc.com time to read: +3 min

A bipartisan panel of lawmakers unanimously approved a controversial bill on Thursday that could lead to TikTok being blocked in the U.S. if it doesn't break with Chinese parent ByteDance. The committee voted 50-0 to advance the bill to the full House or Representatives. On the app, they were greeted with a screenshot warning them that Congress was "planning a total ban of TikTok." "Today, it's about our bill and it's about intimidating members considering that bill," said Rep. Mike Gallagher, R-Wi., chair of the Select Committee on the Chinese Communist Party. WATCH: Biden campaign joins TikTok despite ban of app on government phones

Persons: TikTok, Cathy McMorris Rodgers, Mike Johnson, Joe Biden, Lawmakers, Mike Gallagher, Biden Organizations: U.S, Lawmakers, Energy, Commerce Committee, National Security, American Civil Liberties Union, Computer & Communications Industry Association, Center for Democracy & Technology, CNBC, Chinese Communist Party Locations: U.S, ByteDance, China

☆ Labor unions, domestic manufacturing groups launch coalition to reform de minimis import loophole
▼ + stars: | 2024-03-06 | by ( Chelsey Cox | ) www.cnbc.com time to read: +4 min

-WASHINGTON — Labor unions, domestic manufacturers, business associations and other interest organizations on Wednesday announced a bipartisan coalition to target an import loophole allowing billions of un-taxed goods into the U.S."The coalition we have assembled is a testament to the mounting pressure to close the de minimis loophole," Rep. Earl Blumenauer, D-Ore., said. The ranking member of the House Ways and Means Subcommittee on Trade is working in conjunction with the new Coalition to Close the De Minimis Loophole. CBP said it processed over 1 billion de minimis shipments in FY '23, according to a report last modified on March 1. The company has been valued at over $66 billion according to a November report, while PDD reported third-quarter revenue of $9.44 billion that month. "Our industry has lost astonishingly 10 plants in five months as a result of the de minimis loophole," Glas told reporters.

Persons: Rep, Earl Blumenauer, minimis, Blumenauer, Mike Gallagher, Gallagher, Neal Dunn, Sherrod Brown, Marco Rubio, Dunn, Dan Bishop, Rosa DeLauro, Conn, Shein, PDD, Kim Glas, Glas Organizations: Port, WASHINGTON — Labor, Wednesday, Trade, Coalition, Chinese Communist Party, U.S . Customs, CBP, CNBC, House CCP Committee, PDD Holdings, National Council of Textile Organizations, AFL, Alliance for American Manufacturing, Coalition for, Prosperous Locations: China, Port of Los Angeles, Long Beach , California, U.S, United States, Sens, Ohio, Singapore, Prosperous America

☆ U.S. lawmakers push for ByteDance to divest TikTok or face ban
▼ + stars: | 2024-03-06 | by ( ) www.cnbc.com time to read: +3 min

A bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give China's ByteDance about six months to divest popular short video app TikTok or face a U.S. ban, seeking to tackle national security concerns about its Chinese ownership. Sopa Images | Lightrocket | Getty ImagesA bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give China's ByteDance about six months to divest popular short video app TikTok or face a U.S. ban, seeking to tackle national security concerns about its Chinese ownership. The bill is the first significant legislative move in nearly a year toward banning or forcing ByteDance to divest the popular app, after senate legislation to ban it stalled in Congress last year in the face of heavy lobbying by TikTok. The bill would give ByteDance 165 days to divest TikTok, which is used by more than 170 million Americans, or make it unlawful for app stores run by Apple , Google and others to offer TikTok or provide web hosting services to apps controlled by ByteDance. "This bill is an outright ban of TikTok, no matter how much the authors try to disguise it," a company spokesperson said on Tuesday.

Persons: ByteDance, Mike Gallagher, Raja Krishnamoorthi, Gallagher, Biden, TikTok, Cathy McMorris Rodgers Organizations: Representatives, Chinese Communist Party, Apple, Google, National Security, American Civil Liberties Union, Energy, Commerce Locations: U.S, China, United States, TikTok

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