Taiwan’s move will not only boost U.S. defence jobs, but will also help defend Taiwan from any external aggression. In a comment aimed at countering Chinese influence, Taiwan has stated it will continue to buy U.S. arms. The purchases will boost U.S employment in at least 6 states and narrow the bilateral trade gap. In…
Chinese companies are seeing the Great Wall of the United States in the form of CFIUS. With tightening regulatory scrutiny in the United States, Chinese companies are flocking to Israel to invest in its tech sector. In 2016, Chinese investment into Israel touched a $16.5 billion with Chinese companies parking their funds into Israel’s buzzing…
Distrusted due to its close ties with China, Foxconn has to tread carefully and bridge its American business ties with its Communist friends. Less than two weeks after Terry Gou, the CEO of the world’s largest contract electronic manufacturer went to the White House to discuss boosting its investment plans in the U.S., Chinese Premier…
This is a significant achievement for China since it wants to put to use Syngenta’s top tier Chemicals and patent-protected seeds to improve its agricultural output. In a significant development, ChemChina has managed to win enough support from Syngenta’s shareholders to approve its $43 billion takeover bid. With this strategic move, China has secured a…
With China’s communist party’s leadership not bringing forth bold policies vis-à-vis electric vehicles has forced Ford to take a more cautious approach to the electric and hybrid-plugin car market in China. Despite a headlong plunge into the plugin-hybrid and electric vehicle markets by carmakers, Ford Motor Co has stated it prefers a more tepid approach…
In recent years, LeEco has grown so fantastically that it faced financial issues. Its founder termed these issues as the “big company disease.” LeEco, a recent Chinese tech company with global ambition whose businesses have ranged from electric vehicles to smartphones, has been forced to abandon its proposed $2 billion acquisition of Vizio, a U.S.…
Japan and the U.S. are coordinating to prevent the Chinese from acquiring it. The Japanese government and the Trump administration are coordinating to ensure that Toshiba Corp’s Westinghouse Electric Co bankruptcy does not lead to U.S. technology secrets and infrastructure falling into the hands of Chinese. Last month, Toshiba’s Westinghouse had filed a bankruptcy having…
Here is how Ford aims to strategically capture China’s burgeoning vehicle market. Ford Motor Co has disclosed in 2018, it plans on launching a new plug-in hybrid car in China followed by the launch of an electric sport-utility vehicle to China in the next five years. Ford plans on electrifying its entire vehicle lineup. In…
Yahoo had identified the some of the hackers as having the backing of a state. As a result 26 individuals had been notified. In a regulatory filing with the SEC, Yahoo has admitted that its senior management did not properly comprehend or fully investigate the incidents. In a regulatory filing Yahoo has shed some more…
The Trojan has been linked to a Russian hacking group which supposedly has the backing of the Russian state. A Russian hacking group which supposedly has the support of the Russian state, which earlier has been accused of hacking the computers of the Democratic National Committee has now reportedly extended its repertoire. Researchers from Bitdefender…
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