Today, President Biden signed an Executive Order (E.O.) to further address the ongoing national emergency declared in E.O. 13959 of November 12, 2020 with respect to the threat posed by the military-industrial complex of the People’s Republic of China (PRC). President Biden also expanded the scope of this national emergency by finding that the use of Chinese surveillance technology outside the PRC, as well as the development or use of Chinese surveillance technology to facilitate repression or serious human rights abuses, constitute unusual and extraordinary threats. This E.O. allows the United States to prohibit – in a targeted and scoped manner – U.S. investments in Chinese companies that undermine the security or democratic values of the United States and our allies.
Joe Biden Extends Donald Trump s Blacklist of Chinese Companies
On 6/3/21 at 3:19 PM EDT
President Joe Biden on Thursday signed an executive order to shore up and extend a ban on United States investments with certain Chinese companies that was first instituted by his predecessor, Donald Trump.
Biden s order blacklists 59 companies tied to the Chinese military-industrial complex and surveillance industry and bars people in the United States from engaging in the purchase or sale with them. It takes effect at 12:01 a.m. (ET) on August 2.
In the order, Biden writes that he has determined that additional steps are necessary to address the national emergency first outlined by the Trump administration, with regards to China.
Hong Kong, May 31 (ANI): China has one of the most impressive inventories of missiles of any military. The People's Liberation Army Rocket Force (PLARF), the keeper of China's ballistic missile inventory, boasts weapons of all different ranges, both conventional and nuclear-tipped. However, when it comes to ballistic missiles, there are indications that China is not the innovative and unstoppable force that it would like the rest of the world to think.
SOURCE / ECONOMY
By Global Times Published: May 13, 2021 04:33 PM
Galactic Energy s Ceres-1 launch vehicle on the ground firing test for the third-stage engine Photo: Courtersty of Galactic Energy
China s leading private space enterprise is planning to complete an international satellite launch in 2022, which will be the first international space launch done by a Chinese private space company.
Galactic Energy, the private-owned company, signed a strategic cooperation agreement with China Aerospace Science and Industry Corporation Limited (CASIC) on Thursday in Beijing to jointly develop the international market for the Ceres-1 rocket, aiming to complete Chinese domestic private firm s first international space launch in 2022.