The House Select Committee on the Chinese Communist Party (CCP) has urged the treasury secretary to implement President Joe Biden’s executive order on outbound U.S. investment restrictions in key technology areas in China. In a letter dated Oct. 30 to Treasury Secretary Janet Yellen, Reps. Mike Gallagher (R-Wis.), and Raja Krishnamoorthi (D-Ill.), made a number of recommendations needed to prevent American capital from flowing into restricted Chinese firms. “As Treasury deliberates on the definitions and scope to be issued in these guidelines, the Chinese Communist Party (CCP) is developing advanced technologies, with the help of American capital and know-how,” they said in the letter, urging Ms. Yellen to issue rules and guidelines so that U.S. firms can be aware of what investment restrictions to avoid....Read more https://www.theepochtimes.com/us/house-committee-calls-on-yellen-to-accelerate-investment-restrictions-on-ccp-linked-firms-5521157
Lionel Messi’s soccer exhibition tour with Inter Miam FC to China has been called off, according to the club. Inter Miami FC released a statement on Nov. 1, announcing that its tour to China was canceled “due to unforeseen circumstances in China” after receiving information from the tour promoter. The promoter, Never Say Never (NSN), provided more specific details, saying the cancellation of the highly expected tour was “due to the death of former Chinese Premier Li Keqiang.” According to China’s state media, Mr. Li, once China’s No. 2, suffered a “sudden heart attack” on Oct. 26, while he was visiting Shanghai. After “all rescue measures failed,” he died early on Oct. 27. He was 68.... 
Former Chinese Premier Li Keqiang recently died of a sudden heart attack after swimming in Shanghai’s Dongjiao State Guest Hotel, putting the hotel in the spotlight. CCTV, a state media network, said Mr. Li had been “resting in Shanghai recently” and had died of a heart attack at 0:10 a.m. on Oct.27 after an “all-out effort” to revive him. The 68-year-old former Prime Minister was in good health and enjoyed swimming. Radio Free Asia quoted a medical professional in Shanghai saying that Mr. Li arrived in the city on Oct.26 and had lodged at the Shanghai Dongjiao State Guest Hotel. “In that late afternoon, [Li Keqiang] suffered a sudden heart attack while swimming in the hotel,” the report said....
Descendants of veteran high-ranking Chinese Communist Party (CCP) officials are scrambling to move their assets out of China amid tensions among political factions, according to members of prominent families. Opting to use an alias for fear of reprisals, Fang Ming, a CCP princeling now living in New York, told the Chinese language edition of The Epoch Times on Oct. 25 that Party head Xi Jinping’s anti-corruption campaign is encroaching on the interests of the Party’s privileged descendants, raising concerns about safeguarding the substantial wealth they’ve amassed in China. “We are trying to move money out of China to prevent our assets from falling prey to CCP exploitation,” Mr. Fang said....