ExclusiveNew Law Lets China Seize Western Business Assets in Wartime | China in Focus

A change in Chinese law could allow Beijing to seize certain Western business assets during wartime. The move is part of broader preparations aimed at enabling Chinese society and the economy to rapidly shift into a wartime footing if needed.

Leaders at the 18th BRICS Summit called for greater use of local currencies in trade among member states. The latest agreement in New Delhi could reduce reliance on the U.S. dollar and has implications for Washington as the BRICS bloc seeks to deepen financial cooperation.

The controversy surrounding artificial intelligence continues. Leading researchers warn that super-intelligent AI could pose an existential threat to humanity. President Donald Trump, meanwhile, has focused on China and its growing role in the development of advanced AI.

China is again expressing anger over Taiwan as Panamanian lawmakers strengthen ties with the island. Panama ended diplomatic relations with Taiwan nine years ago in favor of Beijing, but lawmakers there are now moving closer to Taipei. A Taiwanese official cited the shared values upheld by Panama and Taiwan.

00:00 Intro
01:09 Analyst: China's New Law 'Wake-Up Call' for Pentagon
01:37 Expert: Revision Allows China to Seize Western Business Assets
02:13 Analyst: China Increases Resilience to Deal With Long War
02:56 Global South Pushes for Local Currency Trade
04:17 Trump Weighs Risks: China, Self-Improving AI
06:49 Anthropic: CCP Uses AI to Target, Surveil Dissidents
09:23 Lawmakers Weigh Legislation to Address AI Threat
11:19 Trump Responds to Allegation of China–Iran Cooperation
12:43 Panamanian Lawmakers Growing Closer to Taiwan
14:11 Putin Declares European Forces in Ukraine Targets If Sent