US Treasury Issues Sanctions Targeting China-Backed Fentanyl Entities, IndividualsThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Oct. 3 sanctions against 28 individuals and entities involved in a network that sends foreign fentanyl over the nation’s borders. The Justice Department (DOJ) also unsealed eight indictments against China-based chemical manufacturing companies and employees involved in fentanyl production. Sanctions The 14 entities and 14 individuals are responsible for manufacturing and distributing fentanyl, methamphetamine, and ingredients used to make MDMA, as well as trafficking potent drugs often mixed with fentanyl and other drugs. The majority of those sanctioned are in China. Two entities and one individual were based in Canada....

Read more

ANALYSIS: New US-China Working Groups Hope to Prevent China's 'Lehman Moment'The U.S. Treasury Department has recently forged working groups with China on economic and financial matters. A China affairs observer believes the move is designed to minimize the risk of a significant shock to the United States and the world in the event of a Chinese economic collapse. The U.S. Department of Treasury announced Sept. 22 that one of the groups will focus on economic topics, working with China’s Ministry of Finance, and the other on financial topics, partnering with China’s Central Bank (the People’s Bank of China). The establishment of the working groups could be seen as a result of discussions by U.S. diplomats with their Chinese counterparts during visits to China this summer. Those efforts included a July talk between U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng, as well as a late August dialogue between Commerce Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao....

Read more

CCP Has No Right to Stick Their Nose Into Australian Diplomatic Trips to TaiwanCommentary Delegations of Australian parliamentarians have been visiting Taiwan for decades. Apart from the COVID years, the visits have been regular and frequent, involving Members of Parliament (MPs) from the major political parties. State parliamentarians have also visited the country from time to time. I was privileged to journey to Taiwan a year after being elected in 1991. I returned, on a semi-regular basis, over the next three decades, observing the progress of the country and meeting with its leadership. Most recently, I travelled to Taipei to address a regional security dialogue last year. Former Prime Minister Tony Abbott has also visited, as will former Prime Minister Scott Morrison in October....

Read more

House GOP Seeks DOD, FBI Answers on Chinese Efforts to Infiltrate US Military BasesHouse Oversight Committee Chair James Comer (R-Ky.) announced a new investigation on Monday into the apparent efforts of Chinese operatives to infiltrate the U.S. military. Mr. Comer and Rep. Glenn Grothman (R-Wis.)—who chairs the Oversight subcommittee on National Security, the Border, and Foreign Affairs—sent a letter (pdf) to Defense Secretary Lloyd Austin and FBI Director Chris Wray on Monday, raising alarm about repeated instances of Chinese nationals rushing through the security gates at U.S. military bases. The Republican lawmakers called on Mr. Austin and Mr. Wray to brief Congress about these security incidents by Oct. 16. Last month, The Wall Street Journal first reported that a joint review by the Department of Defense (DOD), FBI, and other U.S. agencies found more than a hundred instances of Chinese nationals attempting to force their way onto U.S. military bases and other sensitive facilities in recent years. The multi-agency review reportedly found that in many cases, these Chinese nationals came dressed as tourists, and sped through security gates before being detained, criminally cited, and escorted off base. The review allegedly dubbed these Chinese nationals “gate crashers.”...

Read more

More Articles …