Probing US Cash Flow to China’s Military | China In Focus 2024-01-19 02:30

welcome to China INF Focus I'm Tiffany Meyer our top story American money is flowing into China's military lawmakers said they have the power to limit exports to China and block US dollars from helping beijing's military but is it enough a house panel breaks it down scientists saying stop the madness reports of China's new research on a mutant covid-19 strain sparking concerns among experts and officials tick Tok getting sued again Iowa is the latest US state to face off against the social media app more on the allegations officials are bringing and 18 Chinese fighter jets soaring near Taiwan marking the first major military activity by Beijing following taiwan's presidential election what's the [Music] message from Hypersonic missiles to surveillance tools and Telecommunications Tech did American dollars make China's War fighting capabilities possible lawmakers on Capitol Hill are looking for a change as they investigate how American money flows to China's military at a house Foreign Affairs meeting on Wednesday they pointed out that Congress can enforce export controls hampering China's access to critical technology but export controls have limits export controls alone don't provide a tool to prevent an American venture capitalist from saying you know what that's an interesting opportunity I might not be able to sip ship a tool over to China but I could invest $20 million in this upstart Chinese firm that's trying to build that same tool Peter harell is a fellow at the Carnegie Endowment for International Peace he said Congress can't control American investors and that they may invest money in Chinese companies which could ultimately benefit China's military a previous report found that from January to March 2022 the US Ed 92% of licensed applications for blacklisted Chinese companies examples include Chinese Tech Giant Huawei and smic one of China's largest semiconductor makers both are tied to the Chinese military and are sanctioned by Washington Harold said that giving money to any Chinese company could potentially benefit China's military he noted there's no corporate Independence in China and companies are obligated to help the Communist Party achieve its goals even if those goals involved the alleged genocide of weaker Muslims and forced Oregon harvesting from religious minorities lawmakers brought up that giving money to China's military is especially dangerous right now with China openly showing signs of aggression war is on Sig jinping's mind less than a year ago China held its annual uh two meetings what they call them theang cin ping gave four addresses to those uh to to delegates to those two meetings all four of them uh had the common theme of the need for China to prepare for war Matthew pottinger served as Deputy National Security adviser to former president Trump he's now the China program chairman at the foundation for defense of democracies speaking to the committee he proposed what he called a sectoral approach to restricting Capital flowing to the Chinese military that means instead of targeting individual companies investing in China the US should apply new rules to entire sectors of the economy since Chinese firms often Dodge us regulations with their subsidiaries when asked about which approach is more vital Congressman Cory Mills told ntid that it's important to Target both the entities and their sectors I think that it's really critical for us to look at why we shouldn't advance and things like Hypersonic ballistic Technologies with China that can utilize against us but I also think that we should be targeting it on independent uh entities as well who are intentionally investing these areas to strengthen our adversaries lawmakers say Beijing is currently developing advanced technology that's on top of building military mobilization offices across the country air raid shelters across from Taiwan and military hospitals that infrastructure could also pose serious risks for America Safety in the event of a Taiwan Invasion news about China's research on mutant covid-19 virus strain is sparking concerns The Strain called GX p2v is similar to a strain of virus that causes covid-19 Chinese researchers tested it on mice and within 8 days they had died specifically the virus attacked the brains of the mice and their brains had been engineered to reflect human genetic makeup though it remains unclear how the virus would affect humans an epidemiology expert at University College London described the Chinese research as quote scientifically totally pointless adding he could see how much stuff might go wrong a former professor of medicine at Stanford posted the research on X writing this madness Must Be Stopped before it's too late risky tests aside new information on beijing's pandemic cover up is gaining traction The Wall Street Journal reported that two weeks before told the world about Co they knew Co was happening and they stayed silent they banned travel within China yet allowed it continued internationally the report noted that when Chinese officials described the virus outbreak in Wuhan as caused by an unknown pneumonia information about the virus was already available in China a Chinese researcher uploaded a near complete sequence of the virus's structure to a us-run database in December 2019 vus sequencing is key to deciphering a strain Beijing only shared that information with the World Health Organization two weeks later this two-e window could have helped the world better respond to the pandemic Switching gears to social media are your kids or grandkids using Tik Tok the state of Iowa is accusing the platform of misleading parents about their children's access to inappropriate content the state's attorney general is now suing the app and it's china-owned parent company Bank dance Iowa Attorney General Brena bird alleges that Tik Tok lied about the prevalence of content including drugs nudity alcohol and profanity on its platform bird says Tik Tok has kept parents in the dark adding its time to show what kids are exposed to while scrolling the AG is alleging Consumer Fraud in Wednesday's lawsuit she's seeking Financial penalties and an order barring Tik Tok from engaging in De deceptive and unfair conduct this is the latest of various lawsuits by a US State against Tik Tok Montana is still trying to implement a firstof its kind State ban on using the app and in related news an appeals court Wednesday looked at the case of a 10-year-old girl who died after attempting a Tik Tock challenge the Pennsylvania girl died in 2021 after attempting the Blackout Challenge which encouraged people to choke themselves a lower court previously ruled that a law known as section 230 protects Tik Tok in this case the law says internet companies are not responsible for content posted by users the family is now appealing the decision their lawyer says that Tik Tok didn't just host a deadly content but recommended it to users through algorithms how did China's economy grow so fast in the past experts say it's largely because of mass theft stealing in technology and information from various sectors especially from the United States among the industries impacted Aviation drug makers computer processing even farming are all on the list here's what Witnesses told Congress in a senate Banking Committee hearing Thursday China has built its economy on stealing American and Allied intellectual property millions and billions of dollars in total of American research and development dollars walk out the back door to China every year that research development money is critically important to our ability to ultimately succeed in the larger economic political and Military conflict with China we won't win on steel we won't win on population we will only win if we out innovate China and outwork China I'm I'm a farmer self-driving tractors have been around for about 15 years I finally got to a point where I was going to buy a piece of equipment that would allow that tractor to drive with me sitting in the cab every company I called was Chinese and the people I were talking to was in mainland China and finally I I found an American company and you know what he told me he said I told him what I just told you guys and he said yeah they stole our equipment remanufactured it we got to do something about this and we got to remove the stupidity that's going on over at the house experts say billions of dollars in American Research are walking out the back door to China every year lawmakers are concerned about how this impacts emerging Technologies such as artificial intelligence and DNA data the future of healthcare may involve combining artificial intelligence with DNA data experts worry that all future therapies may come from China because of this it's authoritarian government collects highly personal DNA data from its citizens this does not happen in the United States China State media caught giving false information earlier Chinese cgtv quoted the Irish Prime Minister as saying he would always support the one China principle The Leader later clarified that Ireland supports the one China policy on Taiwan which is distinct from beijing's one China principle here's the difference the West has long agreed to maintain strategic ambiguity on the Taiwan issue recognizing that there is only one China but never stating that Beijing has the right to rule Taiwan the US government was first to employ the China policy to toward Taiwan and it was soon accepted by the Western World at the same time Beijing has been threatening to take control of Taiwan by force if necessary one factor deterring it from invading the island is the military support it gets from Washington Taiwan is an island situated on the first island chain holding strategic geopolitical value for the US it dominates the semiconductor manufacturing field producing almost all of the world's most advanced microchips the Taiwanese government has sought to maintain the status quo with China the former government of China the guing dong moved to Taiwan after World War II when the Communists took control there they formed the Republic of China the Taiwan we know today China has ordered its first major military activity following taiwan's presidential election Beijing flew 18 Chinese fighter jets near Taiwan Wednesday the war planes carried out joint drills with warships and Waters around Taiwan Beijing regularly sends Jets near Taiwan as a way to intimidate the island the Chinese regime claims Taiwan as its own despite never having controlled it it also vowed to take it over by force if necessary the regime framed taiwan's presidential election as a choice between peace and War Taiwan elected William lie who was not favored by Beijing back to China's warplanes Taiwan sent its own forces to monitor the situation Washington is also watching closely the state department recently urged Beijing to not use taiwan's election as a pretext for escalation next we'd like to take a moment to share some of your comments about our show one viewer ja crypto wrote it's good that entity is still calling it The CCP virus so that the world would know what entity caused an epidemic to become a pandemic reports show that in late 2019 the CCP virus which causes covid-19 was allowed to Surge due to the Chinese regime's lack of transparency and refusal to share information about the danger with the rest of the world the Chinese Communist party has a history of covering up virus data due to China's information blockade the country's real pandemic death toll could also be much higher don't forget to tell us what you think of today's show thanks for watching that's all for today's China InFocus on YouTube we're now sharing a shortened version of our program here after being demonetized for more than two years if you'd like to support us consider donating find us at donorbox.org china-- Focus or subscribe to our partner platform epic TV where you can watch our full episodes here's what to look out for in our second half in a landmark decision the European Union Parliament is taking a Resolute stand against the persecution of the spiritual practice following gong in China the UK's top defense official warning of a possible World War II he's sending a message to Britain and its allies that they must enhance their defensibility and Washington lends Japan a hand with a major defense deal how will the agreement shake up power in East Asia more on that after the break here on China in Focus thanks for watching China and focus I'm Tiffany Meyer see you tomorrow [Music]