House Homeland Security Committee Chairman Mark Green (R-Tenn.) is reintroducing a bill on Thursday that would require the federal government to detail any funding flowing to companies in communist China, The Epoch Times has learned. The bill, named “Our Money in China Transparency Act,” is the latest effort to track U.S. investment in China amid rising concerns about the Chinese Communist Party’s (CCP) espionage efforts against the United States and its citizens. “The CCP is a national security threat; it’s time we act like it. And this means knowing every cent the federal government is sending to China,” Mr. Green of Tennessee said in a statement to The Epoch Times. “While Xi Jinping is busy scheming, we must be proactive instead of reactive.”...
Recent reports from official Chinese media have highlighted a rapid spread of respiratory infections, initially identified as mycoplasma pneumonia, particularly affecting children across various regions of China. Alarmingly, signs of a similar outbreak have emerged in South Korea, intensifying public concern. However, a Chinese doctor has revealed this surge in infections is a variant of the novel coronavirus (COVID-19) rather than mycoplasma pneumonia, a perspective shared by some experts. According to an announcement made on Nov. 11 by the Korean Disease Management Agency, the number of patients hospitalized for mycoplasma pneumonia from Oct. 29 to Nov. 4 tripled compared to the same period last year, reaching 168 cases....
A main federal retirement fund will not invest in the Hong Kong stock market, as the risks of Chinese securities are increasing amid U.S. efforts to counter the communist regime. The Federal Thrift Retirement Investment Board (FTRIB), a government agency that manages the federal retirement plan, voted unanimously to adjust the benchmark index it uses for its international stock investment fund, excluding all investment in Hong Kong, the board said in a Nov. 14 statement. The fund doesn’t invest in mainland China, and its previous plan to invest in Chinese stocks was halted amid strong opposition in Washington. The decision comes as tensions between the world’s two largest economies remain high, including over the U.S. investment restrictions and export ban on sensitive technologies that could be used to help the Chinese Communist Party’s military modernization or undermine American national security....
For decades, Canada has been one of the top three worldwide destinations for people emigrating from Hong Kong. It’s also a country that has been persistently infiltrated on all levels and from all sides by the Chinese Communist Party (CCP). Due to vested interests, Canada’s ruling party, the Liberal Party of Canada, has been slow to respond and has so far been unwilling to pass the Foreign Agents Registration Act. However, with all opposition parties determined to unite to support its passage, there’s an optimistic view about the legislation getting through Parliament in 2024. In 1949, Mao Zedong proclaimed the establishment of the People’s Republic of China. Since then, the Chinese Communist Party (CCP) has governed China and has had sole control over the People’s Liberation Army (PLA)....