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August 10, 2020
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CNBC Business

Trump’s ban of Chinese apps has lots of precedent in other countries, and Apple and Google comply

CNBC
CNBC – For more and to sign up click here Sundar Pichai and Tim Cook Source: Reuters; Apple President Donald Trump issued an executive order on Thursday ordering U.S. firms to stop doing business with popular Chinese apps TikTok, owned by ByteDance, and WeChat, owned by Tencent.  This comes after Secretary......
CNBC Business

Trump advisors urge delisting of U.S.-listed Chinese firms that fail to meet audit standards

CNBC
CNBC – For more and to sign up click here U.S. Secretary of the Treasury Steven Mnuchin testifies with Jovita Carranza, Administrator U.S. Small Business Administration during the Senate Small Business and Entrepreneurship Hearings to examine implementation of Title I of the CARES Act on Capitol Hill on June 10,......
CNBC Business

U.S. sanctions Hong Kong leader Carrie Lam for carrying out Chinese ‘policies of suppression’

CNBC
CNBC – For more and to sign up click here Hong Kong Chief Executive Carrie Lam leaves at the end of a press conference at the government headquarters in Hong Kong on July 31, 2020. Anthony Wallace | AFP | Getty Images WASHINGTON — The Trump administration will impose a fresh......
BBC - Business

Trump administration plans Chinese tech crackdown

BBC
https://www.bbc.co.uk/news/business-53674620 Image copyright Reuters US Secretary of State Mike Pompeo has outlined the steps he wants US companies to take to deal with “untrusted Chinese apps”. The measures go far beyond President Donald Trump’s current push to force the sale of TikTok to an American firm. Mr Pompeo says apps......
CNBC Business

Trump administration wants to see ‘untrusted’ Chinese apps like TikTok and WeChat removed from U.S. app stores, Pompeo says

CNBC
CNBC – For more and to sign up click here Pompeo: ‘untrusted’ Chinese apps should be removed from U.S. stores SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

Tesla’s Chinese rival Xpeng raises $400 million ahead of U.S. IPO, sources say

CNBC
CNBC – For more and to sign up click here Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese electric car maker Xpeng Motors has raised $400 million ahead of an initial public offering (IPO) in the U.S., two sources familiar with the matter told CNBC.  The......
CNBC Business

Chinese state media slams U.S. as a ‘rogue country’ for its planned ‘smash and grab’ of TikTok

CNBC
CNBC – For more and to sign up click here TikTok Microsoft deal: State media says China could retaliate SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CBS US News

Microsoft in talks to purchase TikTok from its Chinese parent company

CBS News
CBS News – For more and to sign up click here President Trump says the popular social media app TikTok, which is owned by a Chinese company, will be shut down in the U.S. next month unless it’s purchased by an American company. Tech giant Microsoft is eying an acquisition.......
New York Times - World

‘Clean Up This Mess’: The Chinese Thinkers Behind Xi’s Hard Line

New York Times
New York Times – For more and to sign up click here HONG KONG — When Tian Feilong first arrived in Hong Kong as demands for free elections were on the rise, he said he felt sympathetic toward a society that seemed to reflect the liberal political ideas he had......
BBC USA

Trump ‘to act on Chinese software in coming days’

BBC
Image copyright EPA Image caption Secretary of State Mike Pompeo said Mr Trump would take action “in the coming days” US President Donald Trump will take action “in the coming days” against Chinese-owned software that he believes pose a national security risk, Secretary of State Mike Pompeo said. Mr Pompeo......
CNBC Business

Trump to take action on Chinese software firms in the coming days: Pompeo

CNBC
CNBC – For more and to sign up click here The logo of the TikTok application on a screen in this picture illustration taken February 21, 2019. Danish Siddiqui | Reuters President Donald Trump will announce new action “in the coming days” related to Chinese software companies that his administration......
CNBC Business

Shares of U.S.-listed Chinese search engine Sogou pop 48% after Tencent’s takeover offer

CNBC
CNBC – For more and to sign up click here A man visits Sogou booth on day one of the 2019 China Digital Entertainment Expo & Conference (ChinaJoy) at Shanghai New International Expo Center on August 2, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Shares......
BBC USA

Overseas Chinese students targeted in kidnap scam

BBC
Image copyright NSW POLICE Image caption Pictures of the staged kidnappings were provided to police Chinese students in Sydney are being targeted in a kidnapping scam forcing them to pay massive ransoms to fraudsters, Australian police say. In many cases, blackmailed students were forced to stage their own kidnapping and......
CNBC Business

Singaporean pleads guilty in U.S. to acting as Chinese intelligence agent: Justice Department

CNBC
CNBC – For more and to sign up click here A Chinese and U.S. flag at a booth during the first China International Import Expo in Shanghai, November 6, 2018. Johannes Eisele | AFP | Getty Images A Singaporean man who set up a fake consulting site to solicit information......
CNBC Business

FBI arrests Chinese researcher for visa fraud after she hid at consulate in San Francisco

CNBC
CNBC – For more and to sign up click here The flag of the People’s Republic of China flies in the wind above the Consulate General of the People’s Republic of China in San Francisco, California on July 23, 2020. Philip Pacheco | AFP via Getty Images WASHINGTON — A......

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