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Trump Effect: More Than 50 Companies — Including Apple — Rush To Pull Production Out Of China

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More than 50 global companies including Apple, Nintendo and Dell are rushing to pull production out of China amid the country’s trade war with the United States. U.S., Japanese, Taiwanese and even Chinese manufacturers are moving out of the country in fear of a prolonged trade conflict, including those who make personal computers, smartphones and other electronics, Nikkei Asian Review ...

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China Appears Very Interested In Facebook’s New Cryptocurrency

China came in first place for the highest number of Google searches for Facebook’s new cryptocurrency plan, Libra, since the company published its white paper on June 18. The country reached Google’s maximum value of search interest at a query popularity rate of 100 for Libra over the last month, according to Thursday data from Google Trends. The cryptosystem, which ...

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Facebook’s Former Security Chief Says It’s ‘Reasonable’ To Assume China Is Infiltrating Google

Facebook’s former security chief Alex Stamos suggested Tuesday that it is very possible that China and Russia have subverted Google’s employees. “It is completely reasonable to assume that MSS and SVR have subverted employees at all the major tech companies,” Stamos said in a Twitter thread Tuesday, noting tech billionaire Peter Thiel’s accusations that China’s Ministry of Security “likely” infiltrated ...

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Trump Touts Effect Of US Tariffs On China

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President Donald Trump touted the effects of his tariffs on China Monday morning as the country’s economic growth dropped to its lowest point in 26 years. “China’s [second] Quarter growth is the slowest it has been in more than 27 years. The United States Tariffs are having a major effect on companies wanting to leave China for non-tariffed countries. Thousands ...

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Peter Thiel Blasts ‘Treasonous’ Google For Choosing China Over US Military

Tech billionaire Peter Thiel said Sunday that the FBI and CIA should investigate Google for allegedly cooperating with the Chinese military over U.S. interests. Thiel, one of the most high-profile Trump supporters in the tech industry, criticized Google’s work with the Chinese during a speech to the inaugural National Conservatism Conference Sunday evening in Washington, D.C., Axios reported. “How many ...

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China’s Factories Are Getting ‘Desperate’ Amid Trade Tensions With The US

The largest supplier of consumer goods in the world said Wednesday that China’s factories are becoming “desperate” as they struggle with the consequences of U.S. tariffs. Li & Fung Ltd, which designs and transports products for stores like Walmart, Kohl’s and Nike, is trying to move out of China as quickly as possible at the request of its American retailers, ...

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Leaked Huawei Resumes Reveal Extensive Ties To Chinese Intel Agencies

New study reveals troubling links between Huawei engineers and China’s massive military agency responsible for conducting cyber espionage. Researchers issue dire warning after analysis of hundreds of leaked resumes reveals surprising amount of collaboration between Huawei engineers and China’s military. President Donald Trump’s decision to ease up on Huawei restrictions will be scrutinized after new study reveals ties between the ...

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China is Losing the Trade War with Trump

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China’s state-owned media might talk tough, but major tech companies are fleeing the country due to Beijing’s unfair trade practices, national security concerns, continued economic warfare with the United States and rising labor costs. The Nikkei Asian Review reported Wednesday that HP, Dell and Microsoft are joining Amazon, Google, Apple and other tech giants in moving production out of China. ...

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China Calls Hong Kong Protestors ‘Extremists’ Who Committed ‘Serious Illegal Acts’

The Chinese government issued warning statements to Hong Kong protesters Tuesday. The country condemned protestors who vandalized the city’s main legislative building Monday in retaliation of Hong Kong’s extradition bill. China also issued a warning to foreign countries to stop “interfering” in the matter. Beijing issued a warning Tuesday to Hong Kong after protesters stormed past police and into the ...

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China, America And Europe See Market Growth After Trump Reaches Trade Deal With Xi, Huawei

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Chinese tech giant Huawei and its American suppliers saw their shares rise significantly on Monday following trade talks between Chinese President Xi Jinping and U.S. President Donald Trump. Shares for Foxconn, a manufacturing company that makes smartphones for disgraced technology company Huawei, jumped 1.6% Monday in Taiwan. Foxconn Industrial Internet, a subsidiary that partners with Huawei, rose to the maximum ...

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Universities Push Back On FBI Request To Monitor Chinese-Sponsored Students

FBI officials have advised at least 10 American universities since 2018 to monitor certain Chinese nationals amid fears that Chinese propaganda is seeping into U.S. academia. But administrators of the institutions the FBI briefed, which are member schools of the Association of American Universities (AAU), have pushed back on the FBI’s non-mandatory advice due to their skepticism of the threat ...

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Confirmed: Massive Cybersecurity Vulnerabilities Embedded Within Huawei Devices

Numerous instances of backdoor access vulnerabilitiesHuawei devices were shown to have a very high number of known security vulnerabilitiesDespite claims of investing in security, Huawei engineers were found to have routinely made poor security decisionsHuawei devices have substantially worse security than similar devices from other vendors. An Internet of Things (IoT) device intelligence company issued results from a large-scale study it conducted ...

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US Cuts Supply Of Parts To Five Chinese Supercomputer Developers

Citing concerns of national security, the United States has restricted the sale of certain technological products to Chinese groups involved in military-related supercomputing. The U.S. Commerce Department has added Sugon, the Wuxi Jiangnan Institute of Computing Technology, Higon, Chengdu Haiguang Integrated Circuit and Chengdu Haiguang Microelectronics Technology to an “Entity List,” preventing them from purchasing certain U.S. products without government ...

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Sen. Hawley Moves To Prevent China From Infiltrating American Universities

Sen. Josh Hawley introduced legislation Tuesday morning preventing American research projects from using technologies developed by Chinese big tech companies. Universities are “key targets of espionage and intellectual property theft by not only China, but Russia and Iran,” the Missouri Republican said in a statement announcing the bill. “For too long, these countries have sent students to our universities to ...

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