A consumer group has warned a bipartisan group of governors against investing state pension funds in BlackRock, one of the world’s largest money management corporations, because of its close links to China. Consumers’ Research sent a letter Thursday to the governors of the top 10 states investing public pension funds in BlackRock. The letter refers…
Given the low expectations each side brought to the virtual summit between President Joe Biden and Chinese President Xi Jinping on Monday, it is not surprising that little appears to have been achieved in the course of the three and a half hour meeting. No agreements were planned or emerged. Indeed, a number of topics…
Nike, Coca-Cola, and American Airlines are just a few of the companies Consumers’ Research is targeting over their woke business practices. Consumers’ Research, an educational organization seeking to highlight issues concerning to consumers, now has a new target: American investment firm BlackRock and its ties to the Chinese Communist Party. “Where [is BlackRock] investing your…
China has reportedly tested a new strategic weapon: a fractional orbital bombardment system armed with a hypersonic glide vehicle. What exactly does this weapon do and what is the threat to the United States? Peter Brookes, a senior research fellow focusing on weapons of mass destruction and counterproliferation at The Heritage Foundation, joins “The Daily…
BlackRock Inc., the largest money management corporation not only in America but the world, has emerged as a big promoter of social and environmental investing and of sending billions of U.S. dollars to China. A consumer advocacy group asserts that New York-based BlackRock’s push for investing in “environmental, social, and governance” issues, known as ESG,…
The Pentagon’s annual report on China’s military capabilities confirms that Beijing’s days of maintaining a minimum nuclear deterrent are over. Along with several other concerning military developments, the report makes clear that China is headed toward becoming a nuclear peer (or surpassing) the United States and Russia—a state of affairs for which U.S. nuclear forces…
From Oct. 1 to Oct. 10, the world witnessed the full extent of the divergent paths China and Taiwan are on. Those 10 days saw differing understandings of Chinese history and national values communicated in speeches, op-eds, ceremonies, and military incursions. If the gravity of the situation in the Taiwan Strait wasn’t clear before, it…
The Chinese Communist Party’s system of mass surveillance is like something out of a dystopian sci-fi novel, destroying any semblance of privacy in the country for both individuals and businesses. In a recent international incident, popular job networking site LinkedIn shut down operations in China after the strain of working with the authoritarian government became…
It’s a bird! It’s a plane! No, no—it’s a Chinese fractional orbital bombardment system. A what?! Yes, a Chinese fractional orbital bombardment system—armed with a hypersonic glide vehicle. It was revealed in mid-October that China has conducted two tests of this new strategic weapon system during the summer—a development that should seriously concern U.S. defense…
The Financial Times recently reported that China had combined two advanced missile technologies in a test of a new nuclear capability. The test featured a so-called Fractional Orbital Bombardment System, which is launched into space and can orbit the globe before releasing a missile at its target. The Fractional Orbital Bombardment System was reportedly armed with a nuclear-capable hypersonic glide vehicle, which can…
It was reported last week that a Bible app and a Quran app had been removed from Apple’s App Store in China amid pressure from the Chinese government. That’s hardly surprising behavior from the Chinese Communist Party. But now, an American company has been enlisted to do Beijing’s dirty work. The watchdog group Apple Censorship was the…
LinkedIn, a wholly owned subsidiary of Microsoft, announced on Thursday a sunset of its localized version of its platform in China that currently has over 50 million users. The platform had recently been criticized for blocking several U.S. journalists for the use of “prohibited content” in light of a crackdown by Chinese authorities earlier this…
Chinese military activity around Taiwan has risen to unprecedented levels over the last few months. Chinese warplanes have breached Taiwan’s air defense zone more than 150 times in just this last week. Given the stakes, and rather ambiguous assurances from the U.S. regarding Taiwan’s security, what happens when Beijing tries to test U.S. resolve? The current Taiwan Relations Act does not provide…
In an attempt to lay out the Biden administration’s approach to charting the course of the U.S.-China economic relationship, U.S. Trade Representative Katherine Tai underscored that the bilateral relationship is “complex and competitive.” More importantly, Tai noted, “In recent years, Beijing has doubled down on its state-centered economic system. It is increasingly clear that China’s…
A pair of top House Republicans demanded information from several progressive organizations on their ties to the Chinese Communist Party. Rep. Cathy McMorris Rodgers of Washington, ranking member on the Energy and Commerce Committee, and Rep. Morgan Griffith of Virginia, ranking member on the oversight and investigations subcommittee, wrote letters Sunday to four left-wing climate-focused groups with a series of…
After a summer of extraordinarily bad news on the exponential growth of China’s strategic nuclear forces, recent public statements by U.S. government officials indicate Beijing isn’t only building out its nuclear forces, but also diversifying it, by considering new, nontraditional weapons, as well as possibly reconsidering its nuclear deterrent doctrine. That’s an awful lot of…
In some cases, the answers were surprising. In other cases, the answers were surprising only in hearing top U.S. military leaders state publicly what already was suspected. The Senate Armed Services Committee got some answers Tuesday from Defense Secretary Lloyd Austin; Army Gen. Mark Milley, chairman of the Joint Chiefs of Staff; and Marine Gen….
Amid an already concerning “common prosperity” drive and crackdowns on a growing list of industries, Beijing recently released new rules to strengthen the government’s ideological oversight of the entertainment sector. Shortly thereafter, a post by a hitherto-obscure blogger claimed these developments constituted to a “profound revolution” against capitalists, the “worship” of Western culture, and “sissy-boy”…
In the rarified atmosphere of Washington, the debacle unfolding in Afghanistan has led as much to questions of how China might exploit this as it has analysis and discussion of what is ongoing in Kabul. One regularly asked question is whether Beijing will feel emboldened to invade Taiwan, either because the U.S. is preoccupied with…
In Singapore on Tuesday, Vice President Kamala Harris scolded China for trying to bully its neighbors in the South China Sea region. The vice president said that China “continues to coerce, to intimidate, and to make claims to the vast majority of the South China Sea.” “Beijing’s actions continue to undermine the rules-based order and…