Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

U.S. House panel holds hearing on policy toward China

Published

on

Lawmakers are sounding off over China’s aggressive tactics in recent years

U.S. officials from the State Department, along with several other agencies testified on combatting Chinese Communist Party aggression.

The hearing on the grave threat that China poses to the United States, its national security—and the world took place before the House Foreign Affairs Committee.

“From using a spy balloon to survey all some of America’s most sensitive military sites to their theft of upwards of $600 billion of American IP every year – much of which goes into their military – to their continue military aggression and expansion in the Indo Pacific,” the panel’s chair, Representative Michael McCaul said about China.

“Now, CIA Director Burns has recently stated U.S. intelligence has reason to believe China is considering sending weapons – lethal weapons to Russia,” he said.

Chinese President Xi Jinping and Russian President Vladimir Putin are set to meet next week.

The hearing comes after the U.S. Department of Energy reportedly joined the FBI in concluding the pandemic most likely originated from a lab leak in Wuhan China.

In a statement, China called the finding a U.S. smear campaign.

But one of the witnesses, Daniel Kritenbrink, U.S. Assistant Secretary of State for East Asian and Pacific Affairs criticised the Communist nation’s lack of cooperation.

“On the issue of Covid, we have long stated that China needs to do a better job of being transparent,” Kritenbrink said.

House lawmakers are sounding off over China’s aggressive tactics in recent years – especially Beijing’s alleged cover-up of the origins of the Covid pandemic.

More hearings on the threat from the Chinese Communist Party are scheduled to take place on Capitol Hill.

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

Continue Reading

News

The EV transformation expands to legacy vehicles

Published

on

This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

Continue Reading

News

The degree dilemma, income shifts, debt, and dream homes

Published

on

As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

Continue Reading

News

President Biden signs TikTok bill – what’s next?

Published

on

TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now