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Wall Street increasingly sees China as uninvestable 

“All of our clients are asking that question. Given how cheap China looks, people will inevitably say, did we ignore the worst news?” Sharmin Mossavar Rahmani, chief investment officer of Goldman Sachs’ wealth management business, spoke on Bloomberg TV earlier this month to highlight questions investors around the world are asking these days. Then she […]

China Hoping to Annihilate U.S. Auto Industry in ‘Bloodbath’ on Biden’s Watch

Industry officials agree with former President Donald Trump’s suggestion that China is looking to decimate U.S. auto manufacturing on President Joe Biden’s watch. In a speech in Ohio on Saturday, President Trump told Chinese President Xi Jinping that if President Xi Jinping is re-elected in November, China’s major automakers will be able to buy cheap […]

Can China catch the US in the AI race?

XPRIZE Foundation Founder and Executive Chairman Peter Diamandis discusses the pros and cons of AI on The Claman Countdown. The United States and China are both significantly improving their artificial intelligence capabilities as rival superpowers scramble to harness rapidly evolving technologies for economic and military advantage. The conventional wisdom is that the United States is […]

Electric vehicle tax credits help China

Are Chinese automakers benefiting from Inflation Control Act tax credits for new electric vehicle purchases? Deputy Treasurer Wally Adeyemo said no. “What we’re seeing so far is that the companies using this technology are American companies making the investments necessary to build the cars of the future, which are electric cars. ” Adeyemo said. He […]

Hunter Biden Tried to Help CEFC China Co. Purchase U.S. Maker of Nuke Reactors

Hunter Biden tried to help the Chinese Communist Party (CCP) affiliate CEFC China Energy buy a U.S. nuclear reactor manufacturer in 2016, according to strategy memos and testimony in the House impeachment inquiry. CEFC is It has close ties to the Chinese Communist Party. CEFC’s chairman is Jianming Ye, who paid Hunter $1 million for […]

U.S. Risks Being ‘Largely Reliant’ on China for Syringes, Senators Warn

The United States has doubled in its reliance on imports of needles and syringes from China and other countries in the past six years, even though President Joe Biden has recently touted efforts to manufacture products in the United States. and more than that, putting Americans at risk. According to Sens. Pete Ricketts (R-Nebraska) and […]

Senators signal bipartisan backing for TikTok divestment from China

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