« previous next »
Pages: 1 [2] 3 4 ... 10

Author Topic: China Chinese Penetration and Invasion of America  (Read 64119 times)

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
China is at war with us
« Reply #50 on: January 26, 2021, 07:12:58 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Re: Chinese penetration of America
« Reply #51 on: January 27, 2021, 10:05:35 AM »
I'm seeing that this thread is missing the Biden opening of our power grid to China.
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Biden lets China into our power grid
« Reply #52 on: January 29, 2021, 01:15:32 PM »
Biden allows Communist China back into US power grid ...
Search domain opentheword.org/2021/01/24/biden-allows-communist-china-back-into-us-power-grid/https://opentheword.org/2021/01/24/biden-allows-communist-china-back-into-us-power-grid/

According to reports, US President Joe Biden signed an executive order that would effectively allow Communist China to be involved in America's power grid. The order rescinded an executive order by Former US President Donald Trump forbidding the Communist Regime's involvement.

Did Joe Biden Just Make Our Power Grid Vulnerable to ...
Search domain pjmedia.com/news-and-politics/matt-margolis/2021/01/23/did-joe-biden-just-make-our-power-grid-vulnerable-to-foreign-adversaries-again-n1406749https://pjmedia.com/news-and-politics/matt-margolis/2021/01/23/did-joe-biden-just-make-our-power-grid-vulnerable-to-foreign-adversaries-again-n1406749

In December, former U.S. Secretary of Energy Dan Brouillette issued a prohibition order "designed to reduce the risks that entities associated with the People's Republic of China pose to the...

Biden Rescinds Trump Order Banning Chinese Communist ...
Search domain channel411news.com/2021/01/23/biden-rescinds-trump-order-banning-chinese-communist-involvement-in-us-power-grid/https://channel411news.com/2021/01/23/biden-rescinds-trump-order-banning-chinese-communist-involvement-in-us-power-grid/

By Natalie Winters | The National Pulse President Biden has revoked a Trump-era executive order that sought to keep foreign countries and companies out of America's bulk power systems - principally entities associated with the Chinese Communist Party - as part of his "Executive Order on Protecting Public Health and the Environment and Restoring Science […]

Biden suspends Trump executive order, opens door for China ...
Search domain ussanews.com/News1/2021/01/23/biden-suspends-trump-executive-order-opens-door-for-china-to-influence-our-electric-grid/https://ussanews.com/News1/2021/01/23/biden-suspends-trump-executive-order-opens-door-for-china-to-influence-our-electric-grid/

WASHINGTON, DC- In yet another indication that Biden plans on selling the United States down the river to China, the overmatched Biden quietly revoked an executive order issued by President Trump
Biden Suspends Another Key Trump Executive Order, It Was ...

Search domain www.chicksonright.com/blog/2021/01/25/biden-suspends-another-key-trump-executive-order-it-was-keeping-china-out-of-american-power-grid/https://www.chicksonright.com/blog/2021/01/25/biden-suspends-another-key-trump-executive-order-it-was-keeping-china-out-of-american-power-grid/

President Joe Biden's efforts to use executive authority to wipe away the impacts of former President Donald Trump came one swipe of the pen that impacts China's ability to gain a foothold in America's power grid, according to The Western Journal. "Executive Order 13920 of May 1, 2020 (Securing the United States Bulk-Power System), is hereby suspended for 90 days.

Biden Rescinds Trump Order Keeping China Out of American ...
Search domain thedailycoin.org/2021/01/24/biden-rescinds-trump-order-keeping-china-out-of-american-power-grid/https://thedailycoin.org/2021/01/24/biden-rescinds-trump-order-keeping-china-out-of-american-power-grid/

Biden Rescinds Trump Order Keeping China Out of American Power Grid By Jack Davis for Western Journal Amid President Joe Biden's wholesale efforts to use executive authority to wipe away the impacts of former President Donald Trump came one swipe of the pen that impacts China's ability to gain a foothold in America's power grid.

Biden pauses Trump order blocking Communist Chinese ...
Search domain americanmilitarynews.com/2021/01/biden-pauses-trump-order-blocking-communist-chinese-infiltration-of-us-power-grid/https://americanmilitarynews.com/2021/01/biden-pauses-trump-order-blocking-communist-chinese-infiltration-of-us-power-grid/

January 25, 2021 Ryan Morgan On President Joe Biden's first day in office, he signed an executive order that, among other things, suspended for 90 days a Trump-era order that blocked Chinese involvement in the U.S. power grid.
Huh? Biden rescinds order banning CCP involvement in US ...

Search domain www.independentsentinel.com/huh-biden-rescinds-order-banning-ccp-involvement-in-us-power-grid/https://www.independentsentinel.com/huh-biden-rescinds-order-banning-ccp-involvement-in-us-power-grid/

#NotMyPresident Biden has rescinded the Trump order to ban Chinese Communists from involvement in our power grid. Isn't that nice of him. He did it in the same executive action that ended the KeystoneXL Pipeline, the National Pulse reports.

Biden revokes Trump order that shielded U.S. power grid ...
Search domain disrn.com/news/biden-reverses-trump-ban-on-chinese-communist-involvement-in-us-power-gridhttps://disrn.com/news/biden-reverses-trump-ban-on-chinese-communist-involvement-in-us-power-grid

President Joe Biden has rescinded an executive order of former President Donald Trump that was designed to prevent foreign countries meddling with the U.S. power grid. Trump's order specifically prohibited "any acquisition, importation, transfer, or installation" of bulk-power system (BPS) electrical equipment by "foreign adversaries."

Trump issues executive order to protect power grid from ...
Search domain thehill.com/policy/cybersecurity/495711-trump-issues-executive-order-to-protect-us-power-grid-from-attackhttps://thehill.com/policy/cybersecurity/495711-trump-issues-executive-order-to-protect-us-power-grid-from-attack

The executive order bans the use of equipment for the power grid that was manufactured by a company under the control of a foreign adversary, or the buying of any equipment that poses a national...
« Last Edit: February 26, 2021, 11:07:54 AM by Crafty_Dog »
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
Re: Chinese penetration of America
« Reply #53 on: January 29, 2021, 04:34:21 PM »
Think of all the money the PRC saved in military expenses by just buying the Biden crime family and the other dems.


Quote from: Crafty_Dog on January 29, 2021, 01:15:32 PM
Biden allows Communist China back into US power grid ...
Search domain opentheword.org/2021/01/24/biden-allows-communist-china-back-into-us-power-grid/https://opentheword.org/2021/01/24/biden-allows-communist-china-back-into-us-power-grid/

According to reports, US President Joe Biden signed an executive order that would effectively allow Communist China to be involved in America's power grid. The order rescinded an executive order by Former US President Donald Trump forbidding the Communist Regime's involvement.

Did Joe Biden Just Make Our Power Grid Vulnerable to ...
Search domain pjmedia.com/news-and-politics/matt-margolis/2021/01/23/did-joe-biden-just-make-our-power-grid-vulnerable-to-foreign-adversaries-again-n1406749https://pjmedia.com/news-and-politics/matt-margolis/2021/01/23/did-joe-biden-just-make-our-power-grid-vulnerable-to-foreign-adversaries-again-n1406749

In December, former U.S. Secretary of Energy Dan Brouillette issued a prohibition order "designed to reduce the risks that entities associated with the People's Republic of China pose to the...

Biden Rescinds Trump Order Banning Chinese Communist ...
Search domain channel411news.com/2021/01/23/biden-rescinds-trump-order-banning-chinese-communist-involvement-in-us-power-grid/https://channel411news.com/2021/01/23/biden-rescinds-trump-order-banning-chinese-communist-involvement-in-us-power-grid/

By Natalie Winters | The National Pulse President Biden has revoked a Trump-era executive order that sought to keep foreign countries and companies out of America's bulk power systems - principally entities associated with the Chinese Communist Party - as part of his "Executive Order on Protecting Public Health and the Environment and Restoring Science […]

Biden suspends Trump executive order, opens door for China ...
Search domain ussanews.com/News1/2021/01/23/biden-suspends-trump-executive-order-opens-door-for-china-to-influence-our-electric-grid/https://ussanews.com/News1/2021/01/23/biden-suspends-trump-executive-order-opens-door-for-china-to-influence-our-electric-grid/

WASHINGTON, DC- In yet another indication that Biden plans on selling the United States down the river to China, the overmatched Biden quietly revoked an executive order issued by President Trump
Biden Suspends Another Key Trump Executive Order, It Was ...

Search domain www.chicksonright.com/blog/2021/01/25/biden-suspends-another-key-trump-executive-order-it-was-keeping-china-out-of-american-power-grid/https://www.chicksonright.com/blog/2021/01/25/biden-suspends-another-key-trump-executive-order-it-was-keeping-china-out-of-american-power-grid/

President Joe Biden's efforts to use executive authority to wipe away the impacts of former President Donald Trump came one swipe of the pen that impacts China's ability to gain a foothold in America's power grid, according to The Western Journal. "Executive Order 13920 of May 1, 2020 (Securing the United States Bulk-Power System), is hereby suspended for 90 days.

Biden Rescinds Trump Order Keeping China Out of American ...
Search domain thedailycoin.org/2021/01/24/biden-rescinds-trump-order-keeping-china-out-of-american-power-grid/https://thedailycoin.org/2021/01/24/biden-rescinds-trump-order-keeping-china-out-of-american-power-grid/

Biden Rescinds Trump Order Keeping China Out of American Power Grid By Jack Davis for Western Journal Amid President Joe Biden's wholesale efforts to use executive authority to wipe away the impacts of former President Donald Trump came one swipe of the pen that impacts China's ability to gain a foothold in America's power grid.

Biden pauses Trump order blocking Communist Chinese ...
Search domain americanmilitarynews.com/2021/01/biden-pauses-trump-order-blocking-communist-chinese-infiltration-of-us-power-grid/https://americanmilitarynews.com/2021/01/biden-pauses-trump-order-blocking-communist-chinese-infiltration-of-us-power-grid/

January 25, 2021 Ryan Morgan On President Joe Biden's first day in office, he signed an executive order that, among other things, suspended for 90 days a Trump-era order that blocked Chinese involvement in the U.S. power grid.
Huh? Biden rescinds order banning CCP involvement in US ...

Search domain www.independentsentinel.com/huh-biden-rescinds-order-banning-ccp-involvement-in-us-power-grid/https://www.independentsentinel.com/huh-biden-rescinds-order-banning-ccp-involvement-in-us-power-grid/

#NotMyPresident Biden has rescinded the Trump order to ban Chinese Communists from involvement in our power grid. Isn't that nice of him. He did it in the same executive action that ended the KeystoneXL Pipeline, the National Pulse reports.

Biden revokes Trump order that shielded U.S. power grid ...
Search domain disrn.com/news/biden-reverses-trump-ban-on-chinese-communist-involvement-in-us-power-gridhttps://disrn.com/news/biden-reverses-trump-ban-on-chinese-communist-involvement-in-us-power-grid

President Joe Biden has rescinded an executive order of former President Donald Trump that was designed to prevent foreign countries meddling with the U.S. power grid. Trump's order specifically prohibited "any acquisition, importation, transfer, or installation" of bulk-power system (BPS) electrical equipment by "foreign adversaries."

Trump issues executive order to protect power grid from ...
Search domain thehill.com/policy/cybersecurity/495711-trump-issues-executive-order-to-protect-us-power-grid-from-attackhttps://thehill.com/policy/cybersecurity/495711-trump-issues-executive-order-to-protect-us-power-grid-from-attack

The executive order bans the use of equipment for the power grid that was manufactured by a company under the control of a foreign adversary, or the buying of any equipment that poses a national...
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Youtube kowtows to China, demonitizes Epoch Times
« Reply #54 on: January 30, 2021, 05:21:48 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Re: Chinese penetration of America
« Reply #55 on: January 31, 2021, 04:52:13 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
The Chinese Model for how to penetrate America
« Reply #56 on: February 04, 2021, 11:08:36 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Hunter still in bed with Chinese
« Reply #57 on: February 06, 2021, 08:02:35 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Via FB, Chinese are deciding what America can see
« Reply #58 on: February 09, 2021, 02:15:17 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Biden's CIA pick on the take too
« Reply #59 on: February 09, 2021, 06:28:54 PM »
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
Re: Biden's CIA pick on the take too
« Reply #60 on: February 09, 2021, 06:35:07 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Manchurian Joe lets China in our universities unnoticed
« Reply #61 on: February 11, 2021, 06:30:50 AM »
Logged

DougMacG

  • Power User
  • ***
  • Posts: 19476
    • View Profile
Re: Manchurian Joe lets China in our universities unnoticed
« Reply #62 on: February 11, 2021, 08:12:25 AM »
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
We have always been an ally of EastAsia
« Reply #63 on: February 11, 2021, 12:32:09 PM »
https://mobile.twitter.com/SaraGonzalesTX/status/1359906563201392640

Buying the Biden Crime Family was the best money the CCP ever spent!
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Gordon Chang: Time to decouple
« Reply #64 on: February 11, 2021, 01:05:19 PM »
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
Re: Gordon Chang: Time to decouple
« Reply #65 on: February 11, 2021, 01:24:52 PM »
Quote from: Crafty_Dog on February 11, 2021, 01:05:19 PM
https://www.patreon.com/posts/47403406

Does he know who cheated their way into the white house? We are now the PRC's vassal state. The left sees China as a model to be emulated.
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
From Oct 2020: Hunter's emails
« Reply #66 on: February 11, 2021, 02:09:44 PM »
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
Biden scraps mandate for Universities to report PRC dealings
« Reply #67 on: February 13, 2021, 09:06:50 PM »
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
Re: Biden scraps mandate for Universities to report PRC dealings
« Reply #68 on: February 13, 2021, 11:11:30 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Manchurian Joe lets China into our power grid 2.0
« Reply #69 on: February 17, 2021, 12:32:25 PM »
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
Zhou Bie-Den literally repeating PRC talking points on HK, Taiwan and Uighurs
« Reply #70 on: February 17, 2021, 05:31:29 PM »
Logged

DougMacG

  • Power User
  • ***
  • Posts: 19476
    • View Profile
Re: Zhou Bie-Den literally repeating PRC talking points on HK, Taiwan and Uighurs
« Reply #71 on: February 17, 2021, 07:26:20 PM »
Quote from: G M on February 17, 2021, 05:31:29 PM
http://ace.mu.nu/archives/392771.php

But NO MEAN TWEETS!

They penetrated the highest office. 

Strange that slow Joe knows exactly what they have done wrong, genocide of Uighurs, totalitarian takeover of Hong Kong and impending military invasion of Taiwan, or he couldn't be so specifically their lead apologist.
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
Re: Zhou Bie-Den literally repeating PRC talking points on HK, Taiwan and Uighurs
« Reply #72 on: February 17, 2021, 08:29:15 PM »
https://pjmedia.com/instapundit/wp-content/uploads/2021/02/6DB161CB-1F7F-4D4D-ADF6-C1F5420DC6F0.jpeg



Quote from: DougMacG on February 17, 2021, 07:26:20 PM
Quote from: G M on February 17, 2021, 05:31:29 PM
http://ace.mu.nu/archives/392771.php

But NO MEAN TWEETS!

They penetrated the highest office. 

Strange that slow Joe knows exactly what they have done wrong, genocide of Uighurs, totalitarian takeover of Hong Kong and impending military invasion of Taiwan, or he couldn't be so specifically their lead apologist.
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Re: Chinese penetration of America
« Reply #73 on: February 18, 2021, 04:50:56 AM »
Strange formatting.  Is there a URL for that?
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
Re: Chinese penetration of America
« Reply #74 on: February 18, 2021, 09:14:03 AM »
Logged

G M

  • Power User
  • ***
  • Posts: 26643
    • View Profile
Good thing that can't happen here!
« Reply #75 on: February 18, 2021, 09:19:18 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Manchurian Joe's unity with Chi Com genocide
« Reply #76 on: February 19, 2021, 07:25:17 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Re: Chinese penetration of America
« Reply #77 on: February 22, 2021, 09:04:06 AM »
Logged

ccp

  • Power User
  • ***
  • Posts: 19802
    • View Profile
Re: Chinese penetration of America
« Reply #78 on: February 22, 2021, 12:52:32 PM »
"DOJ: China Military Member Lied to Secure J-1 Visa, Conduct Research at Stanford University"

looks like a sweet innocent school girl to me

oh come on she is so cute...........

not possible...........

God are we so naive
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Biden enables Wall Street to finance the Chi Coms
« Reply #79 on: February 25, 2021, 08:29:32 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
A whole new meaning to the name of this thread
« Reply #80 on: February 25, 2021, 07:37:45 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Schweizer: US arming China
« Reply #81 on: February 26, 2021, 04:10:32 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Founder of Chinese Front Group spoke at CIA nominee's foundation
« Reply #82 on: February 26, 2021, 01:14:48 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Good news? Biden keeping Trump EO?
« Reply #83 on: February 28, 2021, 12:40:27 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
FCC on Chinese penetration of American comms
« Reply #84 on: March 15, 2021, 03:05:16 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Cornell profs protest joint program with China
« Reply #85 on: March 16, 2021, 07:21:56 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Good news?
« Reply #86 on: March 19, 2021, 07:45:53 AM »
U.S., China: FCC and Commerce Department Take Action Against Chinese Telecom Firms
2 MIN READMar 18, 2021 | 21:31 GMT





What Happened: U.S. Commerce Department launched subpoenas against a number of unnamed Chinese telecommunications companies, as the U.S. Federal Communications Commission (FCC) also voted to continue processes for revoking the operating licenses of China Unicom Americas and ComNet, a subsidiary of Pacific Networks, due to national security concerns, the South China Morning Post reported March 17.

Why It Matters: U.S. regulators are pushing Chinese telecom firms to prove their independence from Beijing. This signals that the administration of U.S. President Joe Biden is continuing its predecessor’s scrutiny on major Chinese firms’ connections to the Chinese government, especially in fields sensitive to national security like telecommunications. Amid ongoing U.S.-China talks in Alaska and a bevy of U.S. actions against China over the past week, the FCC and Commerce Department announcements will only further ensure that the Biden administration’s initial talks with Beijing are contentious and more about positioning than negotiating.

Stratfor
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
GPF: Better late than never
« Reply #87 on: April 09, 2021, 01:50:21 PM »
Tech trade. The U.S. on Thursday imposed new restrictions on trade with several Chinese supercomputing centers. This came a day after the Washington Post published a blockbuster report purportedly showing how U.S. and Taiwanese technology was facilitating Chinese development of hypersonic missiles.
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Chinese penetration of NYT/POTH
« Reply #88 on: April 11, 2021, 01:25:49 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Chinese compromise US scientists
« Reply #89 on: April 24, 2021, 10:02:50 AM »
Logged

ccp

  • Power User
  • ***
  • Posts: 19802
    • View Profile
Re: Chinese penetration of America
« Reply #90 on: April 25, 2021, 08:20:32 AM »
https://thepostmillennial.com/hundreds-of-us-scientists-accused-of-chinese-industrial-espionage

Even Coca Cola :

https://populist.press/former-coca-cola-employee-convicted-of-stealing-120-million-worth-of-trade-secrets-to-sell-in-china_3788504-html/

Dems don't care
Bushes never cared

We spend the money doing research   - it only costs them the price of the bribe to then walk off with it.


   
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Chinese penetration of Canada
« Reply #91 on: April 27, 2021, 03:38:34 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Record level of Chinese IPOs in America
« Reply #92 on: May 03, 2021, 07:48:40 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Can America fight China's unrestricted warfare?
« Reply #93 on: May 03, 2021, 08:15:08 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Re: Chinese penetration of America
« Reply #94 on: May 07, 2021, 07:50:01 PM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Chinese penetration of Bloomberg
« Reply #95 on: May 18, 2021, 08:11:42 AM »
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Sen. Tuberville on his bill to block investing TSP funds in Chinese companies
« Reply #96 on: May 18, 2021, 08:27:30 AM »
If I walked into Byron’s Smokehouse in Auburn, Ala., and asked folks if they’d want their retirement savings invested in Chinese companies, I’d get laughed out of the restaurant. So why would we allow the federal Thrift Savings Plan, which serves approximately six million government employees and retirees, including military veterans, to do just that?

The board that governs the TSP wants to invest a considerable portion of its more than $700 billion in assets in companies with direct ties to the Chinese Communist Party. President Trump stopped that move from going into effect last year, but with a new president in office, the order blocking the board’s decision no longer carries weight.

Congressional action is needed to provide a permanent solution, rather than relying on the whims of executive action. That’s why I am introducing the Prohibiting TSP Investment in China Act. This bill would bar TSP funds from being invested in any security of an entity based in China or in a subsidiary that is owned or operated by a Chinese company.

Blocking investment of federal retirement savings in Chinese companies is good for U.S. national security and good for investors. We shouldn’t be funneling capital to firms that routinely violate U.S. sanctions laws and actively enable the Chinese Communist Party’s military expansion and persecution of religious minorities. Chinese companies have a long history of putting investors at serious risk by manipulating financial reporting statements and failing to comply with basic audit standards to artificially inflate their performance.


The Luckin Coffee incident is a prime example. The Securities and Exchange Commission found that Luckin, the largest coffee chain in China, defrauded U.S. investors by lying about the firm’s performance and inflating retail sales by more than $300 million. Luckin settled with the SEC by agreeing to pay a $180 million fine, but Americans who invested their retirement savings in funds exposed to Luckin’s deception lost millions.


China-based companies whose stock is traded on U.S. exchanges are prohibited by Beijing from complying with U.S. securities and financial-reporting standards. The Chinese government also blocks U.S. regulators at the Public Company Accounting Oversight Board from conducting standard inspections of the Chinese offices of international audit firms. Congress put investor protections in place for a reason. If a company is not in compliance, investors are at risk.

China’s refusal to allow its companies to comply with basic investor safeguards is cause enough to prohibit the investment of government-employee retirement funds in Chinese firms, but there are additional reasons to take pause.

Chinese contractors are supplying Beijing’s military buildup, enabling aggressive action in the South China Sea and toward land-based neighbors like Vietnam and India. These firms also supply the Chinese government with equipment used to spy on its citizens and commit genocide against religious minorities, like the Uyghurs of Xinjiang province. Not a single U.S. dollar should contribute to the Communist Party’s continuing human-rights abuses.

The American people recognize the economic and military threat China poses to the U.S. The Prohibiting TSP Investment in China Act would advance our national-security interests and restrict funds from flowing to firms beholden to China’s communist regime.

Mr. Tuberville, a Republican, is a U.S. senator from Alabama.
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Biden delays revamp of China investment ban
« Reply #97 on: May 22, 2021, 10:50:41 AM »
Admittedly the given reason is not without plausibility, but we are dealing with Manchurian Joe here so let's keep our eye out for skullduggery.

https://www.msn.com/en-us/news/politics/biden-administratiolpto-delay-revamp-of-trump-era-china-investment-ban-bloomberg/ar-BB1gSjBW
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
The headline reads better than the article
« Reply #98 on: June 04, 2021, 09:01:51 PM »

The headline sounds good, but as we read the article, not so much , , ,

The move of authority from DoD to Treasury reminds me of President Clinton moving a similar authority from State Dept to Dept of Commerce for the purpose of facility technology to China.  IIRC Bernie Schwarz of Loral Satellites gave Bill $345,000 to make the move so he could continue to help the Chinese with their rocket technology so they could buy more of his satellites.

https://www.theepochtimes.com/mkt_morningbrief/biden-orders-ban-on-59-chinese-defense-and-tech-firms_3843645.html?utm_source=Morningbrief&utm_medium=email&utm_campaign=mb-2021-06-04&mktids=45f0bea289e396d3587938fd13ae3df3&est=EGn9pzbTnBrE5VqJF%2F%2FmJM3bgR7Bs8hUWK0jOSPY3RfwC1KWfcnc%2BKfU7j6E7Qmz98%2Fm
Logged

Crafty_Dog

  • Administrator
  • Power User
  • *****
  • Posts: 72433
    • View Profile
Oh Magoo! You've done it again!
« Reply #99 on: June 23, 2021, 10:16:42 AM »
Logged
Pages: 1 [2] 3 4 ... 10
« previous next »