With China Attempting to Take 5G Lead, Trump Weighs Telecom Equipment Ban

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(Photo Credit: PxHere)

 

Congress was told this week that the U.S. stands to lose millions of jobs and its competitiveness if China is allowed to take the lead on next-generation technology.

Following a congressional hearing in which it was warned that the U.S. could lose millions of jobs if China gains the lead in 5G mobile technology development, President Donald Trump is reportedly weighing an executive order to ban all Chinese telecom equipment. Continue reading

Chinese Spies Engaged in Massive Theft of U.S. Technology

Chinese President Xi Jinping

Chinese President Xi Jinping / Getty Images

 

Obama weakened counterintelligence against foreign spies, Congress told

China is engaged in large-scale theft of American research and technology from universities, using spies, students, and researchers as collectors, experts told Congress on Wednesday.

Compounding the technology theft, the administration of President Barack Obama weakened U.S. counterintelligence efforts against foreign spies by curbing national-level counterspy efforts, a former counterintelligence official disclosed during a House hearing. Continue reading

Report: Documents show U.S. has approved sale of Chicago Stock Exchange to Chinese firm

The sale was approved despite the objections of several U.S. lawmakers. /Getty Images

 

The sale was approved by the Committee on Foreign Investment in the United States (CFIUS) to a Chinese group led by Chongqing Casin Enterprise Group despite the objections of several U.S. lawmakers who cited concerns about the level of influence the Chinese state might gain over the Chicago exchange, Reuters reported. Continue reading