What does it mean for China that American companies take over the operation rights of the Panama Canal?

WASHINGTON —  Last week, BlackRock, an American asset management giant, led a deal with Cheung Kong Hutchison Holdings, owned by Hong Kong’s richest man, Li Ka-shing, to acquire 43 ports in 23 countries around the world, including the ports of Balboa and Cristóbal at both ends of the Panama Canal. The deal was made after … Read more

US clears remaining migrants from Guantanamo Bay

Pentagon-  The United States has cleared the last of its detained immigrants from the Guantanamo Bay Naval Base in Cuba and sent them back to the U.S. mainland to await deportation. Two U.S. defense officials told VOA on Wednesday that 40 detainees, including 23 “high-risk illegal immigrants” held at the base’s detention center, were sent … Read more

If Missouri wins the lawsuit against China over the COVID-19 pandemic, will it get more than $24 billion in compensation?

WASHINGTON —  On the fifth anniversary of the outbreak of the COVID-19 pandemic, a federal judge in Missouri ruled that the Chinese government should be held accountable for covering up the truth and hoarding protective materials in the early stages of the pandemic, and that it should pay Missouri more than $24 billion in compensation. … Read more

Reuters: TSMC proposes to Nvidia, AMD and Broadcom to jointly operate Intel’s foundry division

Reuters reported on Wednesday (March 12) that Taiwanese chip giant TSMC has proposed to U.S. chip design companies Nvidia, AMD, Broadcom and Qualcomm to take stakes in a joint venture that would operate Intel’s foundry division. According to reports, sources said that under the proposal, TSMC would be responsible for the operation of Intel’s wafer … Read more

Trump halts doubling of tariffs on Canadian steel, aluminum after Ontario halts electricity rate hike

U.S. President Donald Trump’s warning Tuesday that he would double planned tariffs on Canadian steel and aluminum to 50% from 25% has caused the Ontario government to suspend plans to impose a surcharge on electricity sold to the United States. As a result, White House trade adviser Peter Navarro said Trump withdrew his plan to … Read more

The U.S. House of Representatives passed two bills to restrict the Department of Homeland Security from purchasing Chinese-made batteries and set up a working group to respond to the CCP threat

WASHINGTON —  The U.S. House of Representatives unanimously passed two bills involving China, which will restrict the Department of Homeland Security from purchasing batteries made by Chinese companies and set up a working group in the Department of Homeland Security to monitor and respond to threats from China. The bills will now await consideration by … Read more

Senate passes stopgap spending bill to avert government shutdown

The US Senate passed a stopgap spending bill on Friday evening, averting a partial government shutdown and overcoming Democratic opposition to the measure. The bill was passed by 54 votes to 46 after the Senate passed a procedural vote with a 60-vote threshold to end debate on the bill. The Republican-controlled House of Representatives passed the … Read more

U.S. House Republicans propose the “Blocking Chinese Visas Act” to ban Chinese citizens from obtaining student visas

WASHINGTON —  Several Republicans in the U.S. House of Representatives have jointly proposed legislation aimed at completely stopping the issuance of student visas to Chinese citizens. The bill proposers said they are concerned that the Chinese government may use international students to steal U.S. intellectual property and threaten national security. Republican Congressman Riley Moore from … Read more