Restricted Chinese Firms Rebrand as American: Report

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27d ago 23:39

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U.S. public pensions have poured over $60 billion into China. But some states are rolling out laws to buck the trend.

Some Chinese companies are putting on American shells after U.S. regulators accused them of aiding Beijing. Experts say one goal is to keep their U.S. operations running, while some say that allowing them to exposes loopholes in U.S. enforcement.

Top officials warn more sanctions on China are coming from both the United States and NATO, as concerns loom over China’s support for Russia’s war in Ukraine.

U.S. officials say they arrested a Chinese national for allegedly running the “largest ever” malware network. The botnet is believed to have stolen billions from COVID-19 relief funds.

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