WASHINGTON (AP) — U.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors. This comes as high-profile deals involving foreign investment in the U.S. — like Chinese firm ByteDance’s ownership of popular social media app TikTok and Japanese firm Nippon Steel’s bid […]

BEIJING (AP) — U.S. Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries. Here’s a look at what she tried to accomplish, what was achieved, and where things stand for the world’s two largest economies: UNFAIR TRADE […]

NEW YORK (AP) — The Federal Trade Commission is investigating TikTok over its data and security practices, a probe that could lead to a settlement or a lawsuit against the company, according to a person familiar with the matter.  The investigation is the latest battle in Washington for the social media company, which is already […]

LONDON (AP) — The U.S. and British governments on Monday announced sanctions against a company and two people linked to the Chinese government over a string of malicious cyberactivity targeting the U.K.’s election watchdog and lawmakers in both countries.  Officials said those sanctioned are responsible for a hack that may have gained access to information […]

It’s “extremely appropriate” that two scientists who lost their jobs due to dealings with China remain under investigation, Health Minister Mark Holland said Wednesday. The National Microbiology Laboratory researchers were fired in early 2021 after their security clearances were revoked over questions about their loyalty and the potential for coercion by China. Records tabled in […]

WASHINGTON (AP) — President Joe Biden on Friday endorsed legislation that could lead to the popular video-sharing app TikTok being banned in the United States, a move that comes amid growing concern in Washington about keeping Americans’ data out of China’s hands. The legislation that passed through the U.S. House Energy and Commerce Committee unanimously […]

BEIJING (AP) — The hotel was spacious. It was upscale. It had a karaoke bar. The perfect venue, the CEO of the Chinese hacking company thought, to hold a Lunar New Year banquet currying favor with government officials. There was just one drawback, his top deputy said. “Who goes there?” the deputy wrote. “The girls […]

WASHINGTON (AP) — Citing potential national security risks, the Biden administration says it will investigate Chinese-made “smart cars” that can gather sensitive information about Americans driving them.  The probe could lead to new regulations aimed at preventing China from using sophisticated technology in electric vehicles and other so-called connected vehicles to track drivers and their […]

WASHINGTON (AP) — U.S. officials said Wednesday they disrupted a state-backed Chinese effort to plant malware that could be used to damage civilian infrastructure, as the head of the FBI warned that Beijing is positioning itself to disrupt the daily lives of Americans if the United States and China ever go to war. The operation, […]