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☆ Chinese Marines are becoming more like US Marines, while the USMC returns to its roots
▼ + stars: | 2024-11-23 | by ( ) www.businessinsider.com time to read: +7 min

AdvertisementBack to their rootsUS Marine amphibious assault vehicles approach the USS Wasp during a 2020 ship-to-shore exercise. This is transforming the US Marine Corps into "an archipelagic maneuver force designed to conduct littoral, sea-denial operations," Tangredi said. Ironically, the US Marine Corps is returning to its historical roots. This is what the US Marine Corps did for most of its history since its founding in 1775. AdvertisementAs for Chinese marines, their historical purpose was to storm Taiwan, not garrison tiny atolls on behalf of the navy.

Persons: Sam Tangredi, Tangredi, Lance Cpl, Jacqueline Parsons, Rudyard Kipling, Michael Peck Organizations: US Marine Corps, US, China's, Corps, Chinese Communist Party, CCP, China Maritime Studies, US Naval, PLA, People's, Army, PLAN, People's Liberation Army Navy, People's Liberation Army Navy Marine Corps, Nationalist, War College's Institute for Future Warfare, Marine, USS, US Navy, senior Marine, USMC, US Army, 3rd Littoral Regiment, South China, Marines, Navy, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Taiwan, United States, South China, of Africa, East, South, Roman, Vietnam, Iraq, Afghanistan, Pacific, America, Forbes

☆ Space vacations and retiring on Mars: SpaceX COO shares 3 visions for the company's future
▼ + stars: | 2024-11-22 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

I'm not interested in Mars," Gwynne Shotwell, the SpaceX president and COO told Baron Capital founder Ron Baron at his firm's annual investment conference last week. "I don't like camping, and I think it will be a long time before Mars is nice enough — probably not in my lifetime." Nevertheless, like her boss, Shotwell's visions for SpaceX remain stratospheric: accessible space travel for all, global proliferation for satellite internet, and yes, eventually, interplanetary travel and living. SpaceX, unlike Tesla, is not traded as a public stock, and is therefore not required to post financial results. But Baron assured his investors — who can own SpaceX exposure through some of the firm's mutual funds — it has been a profitable play.

Persons: Gwynne Shotwell, Elon Musk, Elon, I'm, Ron Baron, Baron, —, Shotwell Organizations: Space Exploration Technologies Corp, SpaceX, NASA, Program, CCP, Mars, Baron Capital Locations: Hawthorne , California, U.S, —

☆ SpaceX president says 'there is plenty of room for competition,' as Starlink nears 5 million customers
▼ + stars: | 2024-11-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

SpaceX President and Chief Operation Officer Gwynne Shotwell speaks during the NASA Commercial Crew Program (CCP) astronaut visit at the SpaceX headquarters in Hawthorne, California, U.S., on Monday, Aug. 13, 2018. … It keeps us tight; it keeps us very focused," SpaceX President and COO Gwynne Shotwell said, speaking at the 2024 Baron Investment Conference in New York. The next closest U.S. rocket company, Rocket Lab , has launched to orbit 12 times this year, with others in the single digits. And SpaceX's Starlink satellite internet network is now serving almost 5 million customers, Shotwell said. With nearly 7,000 Starlink satellites in orbit, SpaceX has expanded Starlink's product offerings from consumers into enterprise markets such as aviation and maritime.

Persons: Gwynne Shotwell, SpaceX's, Shotwell, Starlink Organizations: SpaceX, NASA, Program, CCP, Elon, Baron Investment Conference, Rocket, Department of Defense, U.S, International Locations: Hawthorne , California, U.S, New York

☆ TikTok and its owner ramped up their hiring from China, even as Congress raised national security concerns
▼ + stars: | 2024-11-12 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

669 of the 1,089 approved US H-1B hires for TikTok and ByteDance in that fiscal year were from China. The hiring occurred as US officials raised concerns about TikTok's ties to China. Only 12% of all approved fiscal year 2023 H-1B applications were for Chinese nationals, compared to 61% of TikTok and ByteDance's approved applications. AdvertisementEven as TikTok has taken steps to downplay its association with China, its owner, ByteDance, continues to operate in the US. The company has also used TikTok's Chinese sister app, Douyin, as a testing ground for features that ultimately end up on TikTok.

Persons: —, ByteDance, US Sen, Tom Cotton, Cotton, Alejandro Mayorkas, ByteDance's, China TikTok, TikTok, Trump Organizations: TikTok, Service, Companies, Citizenship, Immigration Services, Business, US Data Security, Chinese Communist Party, US, Homeland, India, National Intelligence Locations: China, Beijing, ByteDance, California, Taiwan, Canada, Vietnam

☆ Chinese influence operation targets U.S. down-ballot races, Microsoft says
▼ + stars: | 2024-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

An army of Chinese-controlled social media bots is attempting to influence voters in Alabama, Texas and Tennessee while denigrating Sen. Marco Rubio of Florida, according to research published Wednesday by Microsoft. The troll network has “parroted antisemitic messages, amplified accusations of corruption and promoted opposition candidates,” according to Microsoft. The bots amplified support for Blackburn’s election rival while spreading claims that she took money from pharmaceutical companies. Moore, McCaul and Blackburn are all running for re-election next month. The Microsoft researchers found the influence effort did not result “in high levels of engagement.” The report did not provide any metrics for how many Americans viewed the relevant social media posts.

Persons: denigrating Sen, Marco Rubio, Barry Moore of, Michael McCaul of, Sen, Marsha Blackburn of, Rubio, China “, Moore, McCaul, ”, Madison Green, Israel, —, China — Organizations: Microsoft, China’s Public Security Ministry, Embassy, Blackburn, Senate Intelligence Committee, Moore, Chinese Communist Party, CCP, National Intelligence, Reuters Locations: Alabama , Texas, Tennessee, Marco Rubio of Florida, Barry Moore of Alabama, Michael McCaul of Texas, Marsha Blackburn of Tennessee, Washington, China, U.S, Israel, Russia, Iran

☆ TSMC chips reportedly ended up at Huawei. It raises concerns about 'shadow networks' bypassing US sanctions.
▼ + stars: | 2024-10-24 | by ( Huileng Tan | Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

TSMC halted shipments to a client after its chips were found in Huawei products, per reports. Min-yen Chiang, a researcher, told BI it raises the questions about a "shadow network" of chip supply. TSMC, Huawei, and the Commerce Department did not immediately respond to Business Insider's requests for comments. Related storiesA 'shadow network' of chipsThe report adds to US concerns that Huawei is potentially obtaining advanced chips despite being blacklisted since 2020. "This question is slightly different than whether Huawei got restricted chips from TSMC through illegal channels," she told GZERO Media, a subsidiary of the Eurasia Group.

Persons: Chiang, —, TSMC, John Moolenaar, Moolenaar, Kate Leaman, Leaman, JW Kuo, Xiaomeng Lu, Lu Organizations: Huawei, Service, Taiwan Semiconductor Manufacturing Company, Huawei Technologies, AFP, Bloomberg, Chinese Communist Party, CCP, BIS, Commerce Department, US Commerce Department, Apple, Nvidia, Export, US Commerce, agency's Bureau of Industry, Security, Eurasia Group, GZERO Media Locations: Taipei

☆ ‘Impossible’ for Communist China to be our motherland as we’re older, Taiwan’s president says
▼ + stars: | 2024-10-07 | by ( Nectar Gan | ) edition.cnn.com time to read: +5 min

CNN —It is “absolutely impossible” for Communist China to become Taiwan’s motherland because the island’s government is older, Taiwan’s president has said in a carefully timed speech that underscores the intense historical rivalry between the two. Despite having never controlled Taiwan, China’s ruling Communist Party has vowed to “reunify” with the self-governing democracy, by force if necessary. But many people on the island view themselves as distinctly Taiwanese and have no desire to be part of the People’s Republic of China. In Beijing, the CCP took power and founded the People’s Republic of China (PRC) on October 1, 1949. They later joined Taiwan’s evolution into a democracy and have made significant ideological transformations, including favoring closer ties with Communist China.

Persons: Lai Ching, China’s, “, Lai, Mao Zedong’s, Xi, ” Lai, Lai’s, Republic of China ’, ’, Ling Tao, ” Xi, ” Organizations: CNN, Communist Party, CCP, ROC, Nationalist, Kuomintang, KMT, Democratic Progressive Party, Facebook, Nationalists, Communist China, of, People, Xinhua, “ Locations: Communist China, Taiwan, People’s Republic of China, Beijing, Republic of China, ROC, China, Nationalist, Japanese, Imperial Japan, Mao Zedong’s Communist, Taipei, Taiwan’s, Taiwan Strait, “ Taiwan

☆ Despite Stock Market Hopes, China's Stimulus Plan Won't Fix Economy
▼ + stars: | 2024-09-29 | by ( Linette Lopez | ) www.businessinsider.com time to read: +7 min

Homebuyers can also now put less money down on their purchases — an attempt to breathe life into China's moribund property market. Since the pandemic, China's leader, Xi Jinping, has done little to stop the bleeding in the country's property market or to get China's ailing consumers to start spending money again. Xi's Beijing lacks the will and the power to turn China's economy around. At the heart of its problems is a lack of consumer demand and a property market going through a deep, slow-moving correction. Plus, there's Xi, who seems fairly uninterested in restructuring the property market.

Persons: Gongsheng, Wall, Xi Jinping, China —, Goldman Sachs, —, Sam Altman, Genéralé, Michael Pettis, Xi doesn't, Friedrich Hayek, Xi Organizations: Beijing, People's Bank of China, People's Bank, Shanghai, Chinese Communist Party, Nasdaq, CCP, Peking University, Carnegie Endowment, European Union Locations: China's, China, Beijing, Austrian

☆ American Companies' China Profits Are Declining; Increased War Chance
▼ + stars: | 2024-09-22 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Without the promise of profits, American firms are also becoming less willing to go to bat for China — to reinforce the idea that China's market is crucial to the success of their futures. No demandAfter pandemic lockdowns ended in 2023, the Chinese economy experienced what is known on Wall Street as a "dead cat bounce." What money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. Related storiesWhat money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. It gives corporations, already under financial pressure as China's economy declines, even less reason to act as interlocutors encouraging stability between Washington and Beijing.

Persons: Washington —, Xi Jinping, Lee Miller, lockdowns, They're, Xi, Yi Gang, Michael Pettis, Tesla, Elon Musk, it's, Ball, Jamie Dimon, It's, China's, Goldman Sachs, Ray Dalio, seeping, Miller, Kamala Harris, Donald Trump, Harris, —, Trump, Biden, we're, Cordell Hull Organizations: Apple, Nike, Chinese Communist Party, People's Bank of, Carnegie Endowment, China Business Council, Starbucks, Street, Bridgewater Associates, Beijing, East Asia State Department, CCP, Trump, State Department, Republicans, Financial, Broadcom, Nvidia, Biden Administration Locations: China, America, Beijing, Washington, American, South China, Taiwan, People's Bank of China, Shanghai

☆ TikTok says it's not spreading Chinese propaganda. The U.S. says there's a real risk. What's the truth?
▼ + stars: | 2024-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dilanianmug.Jpg | Ken Dilanian | ) www.nbcnews.com time to read: +11 min

Is TikTok trying to secretly influence Americans at the behest of the Chinese government? And an analysis of the ownership structure of TikTok parent company ByteDance, obtained by NBC News, argues that the company is deeply entangled with some of China’s major government propaganda organs. The most recent one, published last month, found that TikTok suppresses anti-China content compared to YouTube and other social media platforms. In recent years, according to media reports, Chinese government entities have increasingly taken golden shares in technology companies. “This report establishes that TikTok algorithms actively suppress content critical of the Chinese Communist Party (CCP) while simultaneously boosting pro-China propaganda and promoting distracting, irrelevant content,” the researchers wrote.

Persons: —, TikTok’s, China —, ’, TikTok, ” Democratic Sen, Mark Warner, — Casey Blackburn, National Intelligence —, ”, ByteDance, Blackburn, Strider, ” Strider, Wu Shugang, “ Organizations: Congress, D.C, Justice Department, NBC News, Network, Research, Rutgers University, YouTube, Department, U.S ., Appeals, District of Columbia, Supreme, Strider Technologies, Communist Party of China, ” Democratic, U.S, of Economic Security, Emerging Technology, National Intelligence, TikTok, Chinese Communist Party, CCP, Net Investment, Technology, Communist Party, China Central Radio, Television Station, Beijing State, Administration, Investment, China’s Ministry of Education Locations: United States, Washington, U.S, China, Tibet, TikTok, People’s Republic of China, Tiananmen, Hong Kong, ”, Xinjiang, Beijing

☆ David Lin: An American pastor held in a Chinese jail for nearly two decades is finally home
▼ + stars: | 2024-09-16 | by ( Jennifer Hansler | Nectar Gan | ) edition.cnn.com time to read: +3 min

David Lin, 68, was detained in China in 2006 after helping to construct an unapproved church building. Lin was one of three Americans deemed by the US State Department to have been wrongfully detained in China. “We welcome David Lin’s release from prison in the People’s Republic of China,” a spokesperson for the US State Department said in a statement Sunday. While in prison, Lin received several sentence reductions and was scheduled to be released in 2029, according to the Dui Hua Foundation. “I am extremely glad to hear David Lin was freed,” Rep. Michael McCaul said Sunday in a statement on social media.

Persons: Biden, David Lin, Lin, Kai Li, Mark Swidan, David Lin’s, ”, Antony Blinken, Jake Sullivan, Joe Biden, Xi Jinping, “, Michael McCaul, — Organizations: CNN, State Department, US State Department, National Security, Communist Party, Hua Foundation Locations: United States, Beijing, China, People’s Republic of China, San Fransisco, US, San Francisco

☆ During ‘China Week,’ House GOP revived surveillance program. Asian Americans are slamming it.
▼ + stars: | 2024-09-13 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +5 min

Asian American groups are sounding the alarm after the House this week passed a bill seeking to revive the highly controversial, Trump-era surveillance program the China Initiative. “Originally a Trump-era initiative sold as a national security measure, the China Initiative instead turned out to be a witch hunt,” leaders from civil rights groups Asian Americans Advancing Justice | AAJC, Stop AAPI Hate, and the Asian American Scholar Forum said in a joint statement. The groups added that the initiative devastated families and impeded the United States’ ability to retain and attract academic talent. Asian American advocacy groups have long been warning of the security program’s “chilling” effects. He said that he “concluded that this initiative is not the right approach.”For more from NBC Asian America, sign up for our weekly newsletter.

Persons: Lance Gooden, ”, Mike Johnson, Jeff Sessions, Gang Chen, Chen, ” Chen, “, Anming Hu, University of Tennessee —, China Initiative —, ” Hu, Biden, Matthew Olsen Organizations: China Initiative, Lawmakers, Trump, Justice, American, Forum, NBC News, Chinese Communist Party, ”, MIT, U.S . Capitol, Nanotechnology, University of Tennessee, White, of Justice, George Mason University, National Security Division, DOJ, NBC Asian Locations: China, U.S, States, Texas, NBC Asian America

☆ Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
▼ + stars: | 2024-09-13 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

The committee made the estimate after launching investigations into Shein and Temu more than a year ago. "If the de minimis exemption is removed, then the cost of products from marketplaces like Shein and Temu will rise. They will still be cheap marketplaces but they won't have quite the competitive edge on price that they do now," Saunders told CNBC in an email. On Friday morning, the Biden administration announced plans to bar overseas shipments of products that are subject to U.S.-China tariffs from being eligible for the de minimis exemption. Both Shein and Temu declined to tell CNBC if they will raise prices due the proposed changes.

Persons: Biden, Neil Saunders, GlobalData, Saunders, that's, Shein Organizations: Republican, Chinese Communist Party, CNBC, CCP, U.S . Customs Locations: U.S, China, United States

☆ A top New York official was paid off by China with salted ducks, a job for her cousin, and millions to her husband's business: DOJ
▼ + stars: | 2024-09-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Sun, 40, is accused of blocking Taiwanese officials' access to the New York governor's office and changing public messages from both governors to boost China's talking points, among other acts. According to the Justice Department, she also sent messages informing the Chinese consulate about Taiwan's requests to the governor's office. AdvertisementProsecutors said that during this time, Sun would use bogus invitation letters to set up meetings for Chinese officials with New York authorities. Hu has been charged by the Justice Department too, and is accused of laundering money and opening bank accounts with a relative's driver's license photo. AdvertisementA spokesperson for Hochul told Business Insider that the New York governor's office hired Sun more than 10 years ago.

Persons: —, Linda Sun, Kathy Hochul, Andrew Cuomo, Cuomo, Sun, Curtis, Chris Hu, Hu, that's, Hochul, Liu Pengyu, Jarrod Schaeffer, Sun's, Schaeffer Organizations: Service, New, Gov, Business, Justice Department, Queens, Hochul, New York Labor Department, Prosecutors, PRC, CCP, Chinese Communist Party, Sun, Ferrari Locations: China, Nanjing, York, New York, Honolulu, Jiangsu, Manhasset , New York, Washington

☆ Exiled Chinese businessman stole millions from followers, US prosecutor says
▼ + stars: | 2024-07-10 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Guo Wengui (also known as Miles Kwok) holds a news conference with Steve Bannon in New York, New York, U.S., November 20, 2018. Finkel showed jurors videos of Guo wearing sunglasses and standing on the deck of a yacht pitching investments. "Was Miles Guo targeted by the CCP? Prosecutors say Guo used multiple aliases, including Miles Guo and Miles Kwok. Guo paid Bannon $1 million as part of a consulting contract designed to lend legitimacy to his anti Chinese Communist Party movement, Finkel said.

Persons: Guo Wengui, Miles Kwok, Steve Bannon, Carlo Allegri, Ryan Finkel, Guo, Finkel, Miles Guo, Donald Trump, Bannon, Luc Cohen, Noeleen Walder, Leslie Adler Organizations: REUTERS, Lamborghini, CCP, Chinese Communist Party, Prosecutors, Thomson Locations: New York , New York, U.S, Manhattan, Connecticut, China, New York

☆ China’s ‘military readiness’ questioned with dramatic downfall of two defense ministers
▼ + stars: | 2024-07-01 | by ( Nectar Gan | ) edition.cnn.com time to read: +9 min

At the height of their careers, former defense ministers Li and Wei often struck a tough tone before the world’s top military officials. Former Defense Ministers Li Shangfu and his predecessor Wei Fenghe have both been expelled from the Communist Party over corruption allegations. Most of the generals dismissed or disappeared without explanation last year were linked to the Rocket Force or military equipment, including Li and Wei. An engineer by training, the 66-year-old spent decades launching rockets and satellites in southwest China before being promoted to the PLA headquarters to deal with military equipment procurement. “The gun barrel must always be held in the hands of those who are loyal and reliable to the party,” Xi told the PLA elites.

Persons: Hong Kong CNN —, Xi, Li Shangfu, Wei Fenghe, Xi Jinping, Li, Wei, “, James Char, ”, Former Defense Ministers Li Shangfu, Wei’s, Joel Wuthnow, ” Wuthnow, ” Char, Weidong, Char, Jason Lee, Xu Caihou, Guo Boxiong, Xu, Guo, Wuthnow, Jiang Zemin, haven’t, ” Wei, Li “, Bill Bishop, ” Xi Organizations: Hong Kong CNN, Communist Party, People’s Liberation Army, PLA, Rajaratnam, of International Studies, Former Defense Ministers, AP, Reuters, Rocket Force, Development Department, Second Artillery Corps, Pentagon, National Defense University, CCP, China’s Naval University of Engineering, Central Military Commission, Military, People's, CMC, Communist Locations: China, Hong Kong, Taiwan, United States, Singapore, People's Republic of China, Beijing, Yan’an

☆ China expels ousted defense chiefs in corruption crackdown
▼ + stars: | 2024-06-28 | by ( Yuliya Talmazan | ) www.cnbc.com time to read: +2 min

China expelled two former defense ministers from the ruling Communist Party over alleged corruption Thursday, the latest sign of a secretive crackdown sweeping the country's elite. China expelled two former defense ministers from the ruling Communist Party over alleged corruption Thursday, the latest sign of a secretive crackdown sweeping the country's elite. The two former defense ministers, Li and Wei, were expelled by the party's leadership for "serious violation of party discipline and the law," Chinese state news agencies announced early Thursday. Li was also stripped of his title as state councilor at the time, a rare move — officials from the inner circle of the ruling Communist Party are seldom axed. Wei, who preceded Li as defense minister, was similarly accused Thursday of "accepting money and gifts in violation of relevant rules."

Persons: Li Shangfu, Wei Fenghe, Li, Xi Jinping, Wei, Xi Organizations: Communist Party, National Congress, Chinese Communist Party, CCP, Political, CCP Central Committee Locations: China, Beijing, United States, Taiwan, Xinhua

☆ U.S. and China hold first informal nuclear talks in 5 years, eyeing Taiwan
▼ + stars: | 2024-06-21 | by ( ) www.cnbc.com time to read: +3 min

The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing's representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing's representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The Chinese representatives offered reassurances after their U.S. interlocutors raised concerns that China might use, or threaten to use, nuclear weapons if it faced defeat in a conflict over Taiwan. The two countries briefly resumed Track One talks over nuclear arms in November but those negotiations have since stalled, with a top U.S. official publicly expressing frustration at China's responsiveness. The Pentagon, which estimates that Beijing's nuclear arsenal increased by more than 20% between 2021 and 2023, said in October that China "would also consider nuclear use to restore deterrence if a conventional military defeat in Taiwan" threatened CCP rule.

Persons: interlocutors, David Santoro Organizations: The, Reuters, People's Liberation Army, State Department, U.S, Pentagon Locations: States, China, Taiwan, The United States, Beijing, Taipei, U.S, Washington, Shanghai

☆ Chinese citizens grapple with Florida law that bars them from buying property
▼ + stars: | 2024-06-17 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

It’s just purchasing property,” Bian, who is originally form Nanjing, China, said. Bian and other Florida residents told CNN that the rules have fostered uneasiness and confusion among ethnic Chinese people living in the state. Some say the law has damaged their businesses, while others say they are considering abandoning Florida altogether. Ever since Florida Senate Bill 264 went into effect on July 1, 2023, Chinese citizens without green cards face a felony charge and possible prison time if they purchase property in the state. For Chinese citizens without the permanent right to live in the US, specifically, the law goes a step further, barring the group from purchasing any property in the state.

Persons: CNN —, Jin Bian, Bian, “, Ron DeSantis, isn’t, Bill 264, Sellers, ”, Echo King, ” DeSantis, Clay Zhu, ” Zhu, Susan Li, Li, TikTok, Glenn Youngkin, Teresa Jin, ” Jin Organizations: CNN, Echo, Florida Asian American Justice Alliance, United, Chinese Communist Party, CCP, American Civil Liberties Union, US, US Department of Agriculture, Virginia Republican Locations: Tampa , Florida, Nanjing, China, Florida, Russia, Iran, North Korea, Cuba, Venezuela, Syria, “ Florida, United States, People’s Republic of China, Orlando , Florida, Montana, Virginia, California

☆ Inside China's plan for AI: shape reality and enforce its power
▼ + stars: | 2024-06-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at China's strict approach to overseeing its AI development and the threat it poses to the world. The country's history of censorship and surveillance is extending to its approach to AI , writes Business Insider's Linette Lopez. AdvertisementThe CCP's plan for AI is about shaping reality and enforcing its power, according to internal documents. What to do ahead of May's jobs report. Permabull Tom Lee said it's a great time to buy stocks — shocking — with a new jobs report set to drop on Friday.

Persons: —, Kiran Ridley, Stringer, Getty, Tyler Le, Insider's Linette Lopez, Linette, chatbots, Jinping, Xie Huanchi, we've, Ken Griffin's, Permabull Tom Lee, it's, Stocks, Keith Gill, It's, Amazon's, Alyssa Powell, boomer, Gen, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett, Annie Smith Organizations: Service, Harvard, Business, Chinese Communist Party, of, People, Getty, Citadel Securities, BI, GameStop, Cloud, Prime, Apple, American Express, Research, Boomers Locations: China, Beijing, Xinhua, New York, London, Chicago

☆ China, Xi Jinping's Plan for AI Will Wreak Havoc on the World Economy
▼ + stars: | 2024-06-02 | by ( Linette Lopez | ) www.businessinsider.com time to read: +18 min

According to the CCP's plan, by 2020, China was supposed to have "achieved iconic advances in AI models and methods, core devices, high-end equipment, and foundational software." Censorship requirements may slow China's AI development and limit the commercialization of domestic models, but they will not stop Beijing from benefiting from AI where it sees fit. We're not seeing a huge gap between the models Chinese companies have been able to roll out. The current price war is a race to the bottom, similar to what we've seen in the Chinese technology space before. A race to the bottom may simply beggar China's AI ecosystem.

Persons: Xi Jinping, China doesn't, there's, Beijing's, Reva Goujon, We're, It's, ChatGPT, Xie Huanchi, couldn't, you'll, —, Kenneth DeWoskin, it's, Matt Sheehan, they're, chatbot, Sheehan, Ernie Bot, There's, Alibaba, ByteDance's, Paul Triolo, Albright, we've, haven't, DeWoskin, Sam Altman, Elon Musk Organizations: Chinese Communist Party, CCP, Intelligence, Cyberspace Administration, Getty, Freedom, University of Michigan, Deloitte, CAC, Carnegie Endowment, International Peace, Baidu, Bloomberg, Companies, Brookings Institution, Beijing, The Commerce Department Locations: China, Beijing, China's, Hong Kong, Xinhua, , Washington, Brussels, Berlin, Taiwan, US, Xinjiang

☆ Zhongnanhai: The scenic garden that became China’s secretive seat of power
▼ + stars: | 2024-05-25 | by ( Jonathan Chatwin | ) edition.cnn.com time to read: +18 min

As the seat of power, Zhongnanhai is often thought of as China’s equivalent to the White House, or the Kremlin. Architectural changesThere have been serious revisions to the architecture of Zhongnanhai since the end of imperial rule in 1912. Having re-established Zhongnanhai as a center of political power in the new China, Mao set about rebuilding the compound according to his tastes. “It was here,” noted Aldrich, “with the background trappings of a scholar, that he met Nixon and Kissinger in 1972.”Most subsequent leaders have preferred to keep a house outside the Zhongnanhai compound. However, the compound hasn’t always been so forbidden for the masses following the collapse of China’s imperial dynasty.

Persons: Jonathan Chatwin, “, Deng Xiaoping, Leung Chun, Xi Jinping, Simon Song, Xi Jinping’s, Ming, Geremie Barmé, Qianlong, Feng Li, ” Linda Jaivin, ”, Dowager Cixi, Zhongnanhai, Cixi, Dowager, M, Aldrich, Mao Zedong, ” Aldrich, China’s, Yuan Shikai, Yuan Shikai ‘, William Lewisohn, Xinhuamen, William Cooper, —, Qianlong Emperor, Yuan, Invincible Mao, — Mao, Kangxi, Mao, Zhou Enlai, Chen Yi, Zhang Wentian, Nikita Khrushchev, Khrushchev, Nixon, Kissinger, Hu Jintao, Jiang Zemin, Newscom Aldrich, Mao’s, Li Zhisui, Xi, Chicago's Walter, Hu Yaobang, Gong, “ Heck Organizations: CNN, Bell, Communist Party, CCP, White, Hong, China Morning, University of Bristol Library, Great Communist Party of China, ”, Shuangqing Villa, Alamy, State Council, China’s Politburo, Huairen, Chicago's Walter Payton College Preparatory, New York Times, Zhongnanhai, Bloomberg Locations: Modern China, Prospect, Tiananmen, Hong Kong, Zhongnanhai, City, China, Beijing, “, People’s Republic, New China, Arlington, Peking, Xinjiang, Russian, Beihai, Beijing’s, Huairen, Qinzheng Hall

☆ China's military is surrounding Taiwan, sending its new president an unmistakable message
▼ + stars: | 2024-05-23 | by ( Ella Sherman | Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewThe Chinese armed forces began conducting large-scale military exercises around Taiwan on Thursday, just days after the island's newly elected president Lai Ching-te took office. Taiwan's defense ministry posted a video condemning Chinese actions, as well as showing the various locations around it where Chinese forces are operating. The CCP’s military exercises, which highlight its hegemony mindset, have undermined regional peace and stability. An outdoor screen shows a news coverage of China's military drills around Taiwan, in Beijing on May 23, 2024. Taiwanese soldiers stand guard as flares are fired during a Taiwanese military live-fire drill, after Beijing increased its military exercises near Taiwan, in Pingtung, Taiwan, 6 September 2022.

Persons: —, Lai Ching, It's Organizations: Service, Business, Coast Guard, Navy, ROC Armed Forces, 國防部 Ministry of National Defense Locations: Taiwan, China, Beijing, Taiwan's

☆ China has launched new drills encircling Taiwan. Why now?
▼ + stars: | 2024-05-23 | by ( Jessie Yeung | Nectar Gan | ) edition.cnn.com time to read: +8 min

CNN —Tensions are once again ratcheting up in the Taiwan Strait, with China launching military drills encircling Taiwan just days after the democracy swore in a new leader long loathed by Beijing. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan early Thursday morning. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. The Chinese guided missile frigate Nantong, one of the vessels in the series of military drills around Taiwan. The defeated Nationalist Party fled to Taiwan, moving the seat of their Republic of China (ROC) government from the mainland to Taipei.

Persons: ”, Lai Ching, China’s, Xi Jinping, Li Xi, Lai, Wu Mei, Carlos Garcia Rawlins, Tsai Ing, Tsai –, Mike Gallagher Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, People's Liberation Army, Weibo, Taiwan’s Defense Ministry, Democratic Progressive Party, DPP, Chinese Communist Party, CCP, Nationalist Party, US, Communist, Beijing, Tuesday Locations: Taiwan, China, Beijing, Kinmen, Taipei, People’s Republic of China, Republic of China, Xi, Washington

☆ TikTok employees are reportedly being asked by US border patrol agents if they're part of the Chinese Communist Party
▼ + stars: | 2024-04-30 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

US border patrol agents have interrogated more than 30 ByteDance and TikTok employees, per Forbes. They're being asked about ties to the CCP, and the security of American user data. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS Customs and Border Protection (CBP) agents have interrogated more than 30 ByteDance and TikTok employees traveling to the US from China, according to a report by Forbes.

Persons: They're, Shou Zi Chew, — Organizations: Forbes, CCP, Service, Border Protection, Forbes . Employees, Chinese Communist Party, Business Locations: China

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