US - China (Cold War)

Re: US - China (Cold War)

Postby winston » Tue May 12, 2020 10:03 am

Trump orders federal retirement money invested in Chinese equities to be pulled

by Blake Burman

President Trump is moving to cut investment ties between U.S. federal retirement funds and Chinese equities, FOX Business has learned in a move that is tied to the handling of COVID 19.

In the first letter written Monday, obtained exclusively by FOX Business, national security adviser Robert O’Brien and National Economic Council Chair Larry Kudlow, write to U.S. Labor Secretary Eugene Scalia stating that the White House does not want the Thrift Savings Plan, which is a federal employee retirement fund, to have money invested in Chinese equities.

It says the Federal Retirement Thrift Investment Board is “Departing from the Board’s established index for the International Stock Investment Fund (I Fund) to track one that maintains Chinese equities is risky and unjustified."

The letter directly links China’s handling of COVID-19 as one of several reasons why investment in Chinese companies should not occur.

In the second letter, Scalia writes to Michael Kennedy, the chairman of the Federal Retirement Thrift Investment Board, sharing the Kudlow/O’Brien letter noting the two have “grave concerns with the planned investment on grounds of both investment risk and national security.”

It concludes by saying that moving the assets out of a certain fund is "at the direction of President Trump."

Scalia wants a response by Wednesday.

The move is likely to rachet up tensions between the U.S. and China as the terms of their Phase One trade deal come under scrutiny.

Source: Fox Business

https://finance.yahoo.com/news/trump-or ... 41546.html
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Re: US - China (Cold War)

Postby behappyalways » Tue May 12, 2020 3:49 pm

2020.05.09【文茜世界周報】美國「甩鍋」疫情責任 型塑全球反華浪潮
https://www.youtube.com/watch?v=grFEAfgEc5w


2020.05.09【文茜世界周報】兩岸訪談防疫 川普卸責怪中國怪通俄案
https://www.youtube.com/watch?v=yXawxZO6xb0
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Re: US - China (Cold War)

Postby behappyalways » Sun May 17, 2020 6:35 pm

US targets Huawei with tighter chip export rules
https://www.bbc.com/news/business-52681414
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Re: US - China (Cold War)

Postby behappyalways » Mon May 18, 2020 4:59 pm

2020.05.17【文茜世界周報】520前美中角力升級 川普揚言斷絕與中國的關係
https://www.youtube.com/watch?v=DNDzFlF3pos
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Re: US - China (Cold War)

Postby behappyalways » Wed May 20, 2020 5:32 pm

八点最热报 19/05/2020 美国扩大限制华为 动用国家力量切断芯片厂联系
https://www.youtube.com/watch?v=vyXFqsN7HBA
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Re: US - China (Cold War)

Postby winston » Wed May 20, 2020 7:40 pm

Senate may vote on bill that could delist Chinese companies from U.S. stock exchanges

By Chris Matthews

The Holding Foreign Companies Accountable Act would force Chinese companies to adhere to U.S. securities law

The law would require Chinese companies to establish they are not owned or controlled by a foreign government.

Furthermore, they would be required to submit to an audit that can be reviewed by the Public Company Accounting Oversight Board, the nonprofit body that oversees audits of all U.S. companies that seek to raise money in public markets.

China has refused to allow its companies to follow U.S. securities law, arguing that Chinese law bars auditors’ work from being transferred out of the country.

The U.S.-China Economic and Security Review Commission compiled a list in 2019 of more than 600 Chinese companies that are listed on U.S. stock exchanges, including Alibaba Group Holding Ltd. , Baidu Inc. BIDU, and JD.com Inc. all of which could be at risk of being delisted if this legislation were to pass.


Source: Market Watch

https://www.marketwatch.com/story/senat ... 2020-05-19
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Re: US - China (Cold War)

Postby behappyalways » Fri May 22, 2020 2:25 pm

U.S.-China tensions are flaring on a new front: the financial markets
https://www.cnbc.com/2020/05/22/stock-m ... rkets.html
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Re: US - China (Cold War)

Postby behappyalways » Sat May 23, 2020 6:27 pm

Noose is tightening as US election looms...


Dozens of Chinese companies added to U.S. blacklist in latest Beijing rebuke
https://www.cnbc.com/2020/05/23/chinese ... ebuke.html
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Re: US - China (Cold War)

Postby behappyalways » Sun May 24, 2020 6:07 pm

2020.05.23【文茜世界周報】川普槓世衛 德法歐盟領袖站在世衛身邊
https://www.youtube.com/watch?v=YjqSUQinraw


2020.05.23【文茜世界周報】疫情引致權力真空 美中爭奪領導者地位
https://www.youtube.com/watch?v=pB1Ngfz6DB4
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Re: US - China (Cold War)

Postby behappyalways » Mon May 25, 2020 4:49 pm

Chinese Foreign Minister Accuses U.S. Politicians of Pushing for a ‘New Cold War’
https://time.com/5842147/china-warning-new-cold-war/
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