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Chinese state media slammed U.S. secretary of state Mike Pompeo on Monday after Pompeo repeated allegations that the coronavirus accidentally escaped from a lab in Wuhan. Pompeo is “one of the worst secretaries of the state in American history,” the Xinhua state news agency said in a translation by the Wall Street Journal. The similarly state-run Global …
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A Chinese intelligence report warned President Xi Jinping and other Communist Party leaders that Beijing is facing the highest level of hostility since the 1989 Tiananmen Square protest, sources with knowledge of the report told Reuters. The report, composed by the China Institutes of Contemporary International Relations (CICIR), a state-backed think tank associated with China’s …
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Republican members of the House Oversight Committee on Monday announced a probe into Chinese funding of programs at American universities and colleges. In a letter to the U.S. Department of Education, the representatives requested “information, documents, and communications” pertaining to “acceptance or reporting of foreign gifts” by university professors and departments. “This joint inquiry is …
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New orders for US-made goods suffered a record decline in March and could sink further as disruptions from the novel coronavirus fracture supply chains and depress exports. The report from the Commerce Department on Monday was the latest in a series of increasingly bleak economic data. It also bolstered analysts’ views that the economy would …
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The Trump administration is “turbocharging” an initiative to remove the US from dependency on a China-based supply chain and weighing imposing new tariffs to punish the Communist Party in Beijing for its response to the coronavirus pandemic, according to a report on Monday. The economic damage and death toll from the COVID-19 outbreak has prompted …
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The Trump administration is stepping up an effort to reduce dependence on Chinese manufacturing following the Wuhan coronavirus pandemic, including possible new incentives for companies to shift supply chains, such as tax benefits and subsidies. “We’ve been working on [reducing the reliance of our supply chains in China] over the last few years but we …
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China hid the scope of the country’s coronavirus outbreak as well as information on how contagious the illness is in order to have time to stock up on medical supplies, according to an intelligence report from the Department of Homeland Security. The Chinese government “intentionally concealed the severity” of the outbreak in January and neglected …
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US stocks dropped Monday as the coronavirus crisis stoked fresh US-China tensions and struggling airlines suffered another blow. The Dow Jones industrial average fell as much as 362.53 points, or 1.5 percent, to 23,361.16 as the Trump administration’s efforts to blame China for the pandemic sparked fears of a new trade war. The S&P 500 …
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Jamie Metzl, a member of the World Health Organization’s International Advisory Committee on Human Genome Editing, has speculated that the coronavirus originated in a lab in Wuhan, China. “When they have outbreaks in China, the zoonotic jump [of the virus from animal to humans] tends to happen in the south in Guangdong or Yunnan Province, …
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China officially denied President Trump’s assertion on Wednesday that it wants Joe Biden to defeat him in November. But read between the lines, and a very different picture emerges. Take what the highly influential editor of China’s state-controlled Global Times newspaper is saying. Hu Xijin is a mouthpiece, adviser, and sounding board for the regime. …