The growing tensions between Washington and Beijing are posing new challenges for American small businesses and investors even as the two nations keep talking about limiting their policy misunderstanding and easing the tech barriers, according to experts. U.S. founders and investors say that when money is scarce, the new constraints on investments in advanced technology in both nations are exacerbating a slump in deals between small- and medium-sized enterprises in the world’s top two economies. “There is nothing bigger than the current trade tensions between the U.S. and China [for a U.S. investor], Gary Dugan, chief investment officer at the UAE-based Dalma Capital, a global alternative investment platform and an avid China investor, told The Epoch Times....Read more https://www.theepochtimes.com/china/us-china-tech-freeze-worries-us-investors-startups-5485973
In recent weeks, Yunnan Province has witnessed a significant outbreak of Dengue fever, leaving hospitals overwhelmed and reports of fatalities. However, the local authorities have not made any official announcements or updates on the situation. Even a pest control campaign in Mile City, conducted over 18 days, only vaguely alludes to “vector organisms,” without mentioning Dengue fever explicitly. On Aug. 30, a report from China National Radio Network shed light on Mile City’s extensive pest control operation, covering an area of 30.7 square kilometers within the urban region. The operation was scheduled to run from Aug. 29 to Sept. 15, yet it offered no clear reasons for the large-scale intervention, leaving the public puzzled....
U.S. Commerce Secretary Gina Raimondo admitted there were “legitimate concerns” about Chinese investments in the United States and insisted that the Biden administration “will not compromise” on China-related semiconductor restrictions. “We have to be real about those concerns,” Ms. Raimondo said in an interview with CNN. “So to the extent that Chinese investors, buying farmland, buying U.S. businesses, erodes our national security, then we should stop it.” Though a certain amount of investment is good for commerce, the Biden administration is being “vigilant about not allowing Chinese investment in the U.S. that we think hurts our national security,” she added....
Corpse have been found floating amid severe flooding in Hebei, northern China, according to local reports. Residents of Zhuozhou city said the casualties were so heavy that armed police had taken over the area to prevent news of the situation from spreading. Typhoon Doksuri hit much of northern China with heavy rainfall, especially the Beijing-Tianjin-Hebei region, from July 28 to Aug. 2. This, combined with water discharge efforts by officials, has triggered severe flooding, affecting many people’s properties and crops. On Aug. 24, a video of “floating bodies after the flood” was posted on Douyin, the Chinese version of TikTok, with the location shown as Shigou village in Bazhou city, Hebei Province. At the time, over 20 days had passed since flood discharge in the village began in early August....