Mike Pompeo: "The single rule is this: We don’t want American data in the hands of the Chinese Communist Party…It will end up in the hands of their MSS, their security apparatus, their military, their civil-military fusion programs." state.gov/secretary-mich…
Pompeo: "The transaction around TikTok, I’ve seen the outlines of it…This deal…will ensure that no American’s data has any access to anyone in China that has any capacity to move this to a place we don’t want it. We will ensure…that firewall is real." bit.ly/2FLEqye
Pompeo: "Whether there is still some Chinese ownership or they still collect a royalty check from the benefits of the business, there will be an American headquarters…controlled by Americans. And the data…will be in a place that we have confidence." bit.ly/2FLEqye
Pompeo: "I used to do oil deals all the time. I didn’t have any access to the company’s information. I just got a royalty check…That’s the situation, just a passive shareholder who collects money…No access to the company, no decision-making authority." bit.ly/2FLEqye
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China’s Stock Market Fever Breaks as Authorities Disappoint—Expectations for a flood of stimulus had run high before a Tuesday morning press conference by Beijing’s economic planner
@RebeccaYFeng @wsj_douglasj wsj.com/finance/stocks… wsj.com/finance/stocks…
An epic Chinese stock market rally lost steam Tuesday after a press conference by the country’s economic planning agency disappointed hopes for more fiscal stimulus measures and raised questions about whether Beijing has more to offer the ailing economy. wsj.com/finance/stocks…
The letdown dampened a wave of euphoria that had gripped investors in China in recent weeks, as hopes for large-scale Chinese government support for the world’s second-largest economy propelled stock prices on one of their giddiest runs in recent memory. wsj.com/finance/stocks…
U.S. Wiretap Systems Targeted in China-Linked Hack—AT&T, Verizon are among broadband providers breached in China-linked ‘Salt Typhoon’ hack
@bysarahkrouse @dnvolz @aviswanatha @bobmcmillan wsj.com/tech/cybersecu… wsj.com/tech/cybersecu…
A cyberattack tied to the Chinese government penetrated the networks of a wide swath of U.S. broadband providers, potentially accessing information from systems the federal government uses for court-authorized network wiretapping requests. wsj.com/tech/cybersecu…
For months or longer, the hackers may have held access to network infrastructure used to cooperate with lawful U.S. requests for communications data, say people familiar with the matter. They also had access to other more generic internet traffic. wsj.com/tech/cybersecu…
An economist at a top Chinese think tank was placed under investigation, detained and removed from his posts after he allegedly criticized Xi Jinping’s management of the economy in a private chat group.
@ByChunHan @Lingling_Wei
The investigation of Zhu Hengpeng, who for the past decade was deputy director of the Institute of Economics at the state-run Chinese Academy of Social Sciences, comes amid efforts to suppress negative commentary about China’s economic health. wsj.com/world/china/to…
Beijing has struggled to revitalize a sluggish economy weighed down by a real estate slump—weaknesses that, some economists say, have been exacerbated by Xi’s efforts to boost the state sector and protect China against perceived foreign threats. wsj.com/world/china/to…
Beijing and Moscow Go From ‘No Limits’ Friendship to Frenemies in Russia’s Backyard—Central Asia moves further into China’s orbit as Ukraine war loosens Russia’s grip on former Soviet republics
@shashamimi
@shashamimi When Vladimir Putin visited Tashkent on a recent tour of central Asia, Uzbek officials decorated the boulevards with posters of the Russian leader’s face. But beneath the posters were signs of Moscow’s dwindling heft: More BYDs and Geelys, fewer Ladas. wsj.com/world/beijing-…
@shashamimi Relations are at a high as China and Russia band together to confront what they see as a Western campaign to hem them in. But in Central Asia, which Moscow sees as its backyard, the “no limits” friendship is colliding with Beijing’s global ambitions. wsj.com/world/beijing-…
Historic Moon Mission Gets China One Small Step Ahead in Space Race—Outlines of a lunar iron curtain are starting to emerge as the U.S. and China vie to build bases at the lunar south pole
@stuwoo @hwclarence @MicahMaidenberg
There is a new space race, this time between the U.S. and China. On Tuesday, China took an important step forward. wsj.com/world/asia/his…
A Chinese spacecraft touched down in Inner Mongolia, carrying the first-ever rock samples from the far side of the moon. A scientific breakthrough in itself, the success advances plan to put people on the moon by 2030 and build a lunar base by 2035. wsj.com/world/asia/his…
Taiwan Wants a Drone Army—but China Makes the Drones It Wants. Small, cheap drones are helping Ukraine hold off a better-equipped Russian army. For Taiwan, replicating that strategy risks relying on Chinese suppliers.
@joyuwang
As drones transform warfare, Taiwan is accelerating efforts to build them. But it has a problem: The vast majority of the small, inexpensive drones that are having the greatest impact on battlefields are made in China, the very source of the threat. wsj.com/world/taiwan-d…
The importance of affordable drones has been demonstrated most vividly in Ukraine, where the Ukrainian army has deployed waves of them to spy on enemy movements and deliver explosives, helping it to hold off Russia’s much larger and better-equipped army. wsj.com/world/taiwan-d…