Senate passes bill to boost US tech industry, counter rivals
The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China.
Gov. DeSantis seeks to shield Florida’s universities from Chinese espionage, theft
Florida’s Republican Gov. Ron DeSantis signed a bill on Tuesday to protect higher education institutions in the state from espionage and intellectual property theft carried out by China’s Communist Party.
Tesla's China vehicle deliveries bounce back in May
According to data from China's Passenger Car Association, Tesla sold 33,463 total vehicles in China in May. Approximately 21,936 vehicles were delivered in China, while 11,527 were exported to Europe. The delivery figures mark a 29% improvement from April, when the company sold about 26,000 electric vehicles made in China, down from roughly 36,000 in March.
US report found it plausible COVID-19 leaked from Wuhan lab
A report on the origins of Covid-19 by a U.S. government national laboratory concluded that the hypothesis claiming the virus leaked from a Chinese lab in Wuhan is plausible and deserves further investigation, according to people familiar with the classified document.
Microsoft Bing image search results for Tiananmen Square 'Tank Man' empty, raising censorship questions
Users searching on Microsoft-created search engine Bing for an image of the “Tank Man” from the Tiananmen Square protests in 1989 are finding no results generating concerns about censorship.
'Woke' corporations hit for 'bowing to China while snubbing America' as they ignore Chinese Uyghur genocide
Republican politicians and activists are slamming "woke" business leaders who've become more inclined to make domestic political statements in recent years yet still do business with China, which is ruled by the brutal Chinese Communist Party.
Biden widens list of Chinese firms off-limits for investment
President Biden has nearly doubled the list of Chinese companies whose shares are off-limits to U.S. investors in the latest sign he is not softening Washington's stance toward Beijing.
Biden’s electric vehicle metals import plan ‘not viable’: USA Rare Earth CEO
USA Rare Earth CEO Pini Althaus pushed back on the Biden administration's plan to rely on other countries to produce metals for electric vehicles and other American-made technology on FOX Business' "Mornings with Maria."
Nikki Haley: US corporations need to shed their China hypocrisy, practice what they preach to Americans
Corporate America’s leaders have a choice to make: support horrible wrongs or do what’s right.
Gold medalist skater on Beijing Olympics boycott calls: Team USA should go, focus on 'purity of sport'
Olympic gold medalist and retired speed skating athlete Apolo Ohno told "Varney & Co." Wednesday the United States should compete in the Beijing Winter Olympics next year in response to growing calls to skip it.
China says trade envoy talks with US treasury secretary
China’s chief trade envoy talked with Treasury Secretary Janet Yellen on Wednesday, the Chinese government said, but gave no indication when negotiations on ending their tariff war might resume.
Biden focuses on China in $715B defense budget request
President Biden on Friday submitted his 2022 defense budget to Congress, which included additional investments in systems intended to help the U.S. out-compete China.
Hong Kong tycoon gets 14-month jail term over 2019 protest
Hong Kong media tycoon and outspoken pro-democracy activist Jimmy Lai was sentenced to more jail time Friday over his role in an anti-government protest in 2019.
Biden easing China sanctions 'can't be justified': Ex-Reagan director of intl. economic affairs
Roger Robinson Jr. warns against a potential "fundamental shift" on China policy in the Biden administration.
Steve Wynn may face Justice Department action for role in China’s push to expel businessman
The Justice Department has told casino mogul Steve Wynn to register as a lobbyist in connection with his 2017 efforts to obtain a diplomatic favor long sought by Chinese authorities, and is preparing to go to court to force him to comply.
US trade chief Tai says U.S. faces 'very large challenges' on China
U.S. Trade Representative Katherine Tai said on Wednesday that the United States still faces "very large challenges" in its trade and economic relationship with China that require the Biden administration's attention across the board.
HSBC to sell US retail bank branches
HSBC Holdings PLC will exit from its U.S. retail and small-business banking operations as the bank shifts its focus to wealth management and international banking, especially in Asia.
Varney: John Cena's apology to China for calling Taiwan a country is 'all about money'
FOX Business' Stuart Varney slams actor John Cena's apology video to China and suggests it was a monetary move in his latest "My Take" on "Varney & Co."
China making loans to other countries gives them 'enormous' global power: Dick Bove
Odeon Capital Group chief financial strategist Dick Bove discusses China’s strategy for gaining influence and power by lending countries money.
Biden's solar ambitions collide with China labor complaints
The Biden administration’s solar power ambitions are colliding with complaints the global industry depends on Chinese raw materials that might be produced by forced labor.