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CHINA EXPELS AEROSPACE EXECUTIVE FOR CORRUPTION

A former Chinese aerospace defence executive has been expelled from the ruling Communist Party for corruption, China's anti-graft watchdog said on Monday, part of a sweeping anti-corruption purge across China's military-industrial complex. The former chairman of Aviation Industry Corporation of China, Tan Ruisong, "lived off the military sector" and took a huge amount in bribes, according to a statement from the Central Commission for Discipline Inspection. This move comes after 14 military delegates were expelled from China's national legislative body in the past two years, as part of a purge of the world's largest military unprecedented in size and scale.

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Philippines to Scrutinize Donations by Suspected Chinese Spies Δ1.71

The Philippine government will scrutinize donations made by Chinese Communist Party-affiliated groups led by four Chinese nationals accused of espionage to determine if they were done in good faith, amid concerns about foreign influence and ulterior motives. The government has already arrested at least eight suspected Chinese spies, including the four accused of espionage, which has strained relations between the two countries. Presidential Communications Undersecretary Claire Castro emphasized the need for transparency and accountability in receiving donations from foreign sources.

China Tells Ai Leaders to Avoid Us Travel over Security Concerns Δ1.70

Chinese authorities are instructing the country's top artificial intelligence entrepreneurs and researchers to avoid travel to the United States due to security concerns, citing worries that they could divulge confidential information about China's progress in the field. The decision reflects growing tensions between China and the US over AI development, with Chinese startups launching models that rival or surpass those of their American counterparts at significantly lower cost. Authorities also fear that executives could be detained and used as a bargaining chip in negotiations.

China Imposes New Curbs on U.S. Firms as Trade Row Grows Δ1.70

China has imposed retaliatory tariffs and placed export and investment restrictions on 25 U.S. firms on national security grounds, targeting companies involved in advanced technologies and surveillance systems, amidst growing tensions between the two nations over trade and human rights issues. The move aims to restrict access to sensitive technology and limit U.S. influence in strategic sectors. China's actions reflect a broader effort to assert its sovereignty and protect domestic industries from foreign competition.

Chinese Hackers-for-Hire Linked to Treasury Breach Charged by Justice Department Δ1.70

The Department of Justice has announced criminal charges against 12 Chinese government-linked hackers who are accused of hacking more than 100 American organizations, including the U.S. Treasury, over the course of a decade. The charged individuals all played a “key role” in China’s hacker-for-hire ecosystem, targeting organizations for the purposes of “suppressing free speech and religious freedoms.” The Justice Department has also confirmed that two of the indicted individuals are linked to the China government-backed hacking group APT27.

Chinese Hackers Who Targeted Key US Infrastructure Charged by Justice Department Δ1.70

The US Department of Justice has announced charges against 12 Chinese hackers accused of targeting over 100 American companies, including the US Treasury. These individuals allegedly played a "key role" in recent cyberattacks and were linked to state-sponsored hacking groups, exploiting vulnerabilities in enterprise software. The DoJ also brought charges against eight individuals from organization Anxum Information Technology Co., Ltd., which was reportedly paid by Chinese authorities for its services.

Singapore Arrests Alleged Nvidia Chip Smugglers. Δ1.70

Singaporean authorities have cracked down on alleged smugglers of advanced Nvidia chips, arresting three individuals accused of diverting restricted technology to Malaysia. The investigation revolves around servers containing Nvidia components, allegedly supplied by Dell and Supermicro, raising concerns about China's attempts to circumvent US export controls. As the global semiconductor industry faces increasing scrutiny, Singapore's actions may signal a growing willingness to take action against illicit activities.

US Lawmakers Press Chinese Telecoms Over Ties to Military, Government Δ1.69

US lawmakers have raised national security concerns in letters to top Chinese telecom companies, China Mobile, China Telecom, and China Unicom, citing the potential for these firms to exploit access to American data through their U.S. cloud and internet businesses. The lawmakers are seeking details on any links between the companies and the Chinese military and government by March 31, amid concerns about unauthorized data access, espionage, or sabotage. National security experts have warned that China Telecom's operations in the US could pose a significant risk to American telecommunications networks.

China’s Government Hacks US Organizations for Financial Gain Δ1.69

The Department of Justice has criminally charged 12 Chinese nationals for their involvement in hacking over 100 US organizations, including the Treasury, with the goal of selling stolen data to China's government and other entities. The hackers used various tactics, including exploiting email inboxes and managing software, to gain access to sensitive information. China's government allegedly paid "handsomely" for the stolen data.

Russia Expels Two UK Diplomats as It Negotiates to Restore US Ties Δ1.69

Russia has expelled two British diplomats, accusing them of espionage and providing false information to enter the country, amid deteriorating diplomatic relations with the UK and ongoing negotiations to restore ties with the US. The UK Foreign Office has dismissed these allegations as baseless, highlighting the strained atmosphere exacerbated by Britain's military support for Ukraine. This incident marks a significant moment in post-Cold War diplomacy as Western diplomats face increasing scrutiny and expulsion from Russia amidst geopolitical tensions.

Hong Kong's Top Court Quashes Convictions of Pro-Democracy Tiananmen Group Δ1.69

Hong Kong's highest court has overturned the convictions of three former members of a pro-democracy group, citing a miscarriage of justice due to the redaction of crucial evidence by prosecutors. This decision represents a rare legal victory for the pro-democracy movement in Hong Kong, where many activists have faced significant legal challenges and persecution. The ruling has been welcomed by the plaintiffs and their families, highlighting ongoing tensions between civil liberties and government actions in the region.

US Indictments of Chinese Hackers Raise Global Concerns About Cybersecurity Δ1.69

The U.S. government has indicted a slew of alleged Chinese hackers, sanctioned a Chinese tech company, and offered a $10 million bounty for information on a years-long spy campaign that targeted victims across America and around the world. The indictment accuses 10 people of collaborating to steal data from their targets, including the U.S. Defense Intelligence Agency, foreign ministries, news organizations, and religious groups. The alleged hacking scheme is believed to have generated significant revenue for Chinese intelligence agencies.

Shipping Firms Pull Back From Hong Kong to Skirt US-China Risks Δ1.69

Companies are quietly moving out of Hong Kong and off its flag registry as concerns over potential sanctions and commandeering of vessels in a military crisis grow among shipping executives, insurers, and lawyers. The U.S. Trade Representative's office has proposed levying steep port fees on Chinese shipping companies operating Chinese-built vessels, further fueling unease across the industry. Beijing's emphasis on Hong Kong's role in serving Chinese security interests is causing concern that ships could be commandeered or hit with U.S. sanctions.

A Shocking AI Chip Scandal Just Rocked the Market--And Nvidia Could Be Caught in the Crossfire Δ1.69

Singapore's recent fraud case has unveiled a potential smuggling network involving AI chips, raising concerns for Nvidia, Dell, and regulatory bodies worldwide. Three individuals have been charged in connection with the case, which is not tied to U.S. actions but coincides with heightened scrutiny over AI chip exports to China. The investigation's implications extend beyond Singapore, potentially affecting the entire semiconductor supply chain and increasing pressure on major companies like Nvidia and Dell.

Chinese Lawmaker Proposes Law to Allow Chinese Companies to Hide Their Foreign Suppliers Δ1.69

Chinese lawmaker Guan Wenhui has introduced a proposal that would enable state-backed firms to conceal their foreign suppliers, potentially facilitating evasion of U.S. trade restrictions. This initiative aims to protect companies from public scrutiny that could lead to supplier withdrawals, thus ensuring continued access to essential technology despite sanctions. The proposal reflects a broader trend toward increased opacity in China's technology sector amid rising foreign scrutiny and emphasizes China's strategy to balance access to global tech while fostering domestic innovation.

U.S. Firms Demand Crackdown on Tariff-Evading Chinese Importers Δ1.69

The U.S. needs tougher legislation to enforce trade laws and ensure criminal prosecution of Chinese government-subsidized companies that circumvent U.S. tariffs by shipping goods through third countries, according to U.S. executives. The country has been losing out on tariff revenue and American companies have been forced out of business by Chinese firms that exploit trade rules. Limited funding for enforcement has allowed Chinese firms to find loopholes, forcing U.S. companies to close factories, reduce employment, and reduce investment.

Government Oversight in Jeopardy as Musk's Authority Comes Under Fire Δ1.69

The growing tensions surrounding Elon Musk's executive power, accountability, and the implications of his actions within government agencies are being put to the test. Senator Ed Markey has urged lawmakers to call SpaceX CEO Elon Musk and the acting head of the Federal Aviation Administration to testify about air traffic control IT systems, citing concerns over Musk's reported interference in a competitively awarded FAA contract. The outcome of this ruling could set a significant precedent regarding the balance of power between appointed officials and the legal authority of executive actions in the federal government.

Cybersecurity Laid Off: Former NSA Official Warns of Devastating Impact Δ1.68

A former top official, Rob Joyce, has warned that mass federal layoffs will have a devastating impact on cybersecurity and national security. The House Select Committee on the Chinese Communist Party has heard concerns from Joyce, who argues that culling workers from federal departments will erode the pipeline of top talent responsible for hunting and eradicating threats. Over 100,000 federal workers have been made redundant or taken retirement as part of the new administration's plans to drastically downsize the federal government workforce.

Nvidia Faces Scrutiny Over China Chip Smuggling Δ1.68

Nvidia's stock has taken a hit as reports surfaced of its AI chips reaching China, raising concerns about further scrutiny around exports. The company's latest Blackwell chips have been found to be reaching China through third-party resellers in violation of export controls. Nvidia has denied accountability for these sales, but investors are growing increasingly concerned about the impact on future revenue.

US Congressional Panel Urges Americans to Ditch China-Made Routers Δ1.68

A U.S. congressional committee has urged Americans to remove Chinese-made wireless routers from their homes, citing a security threat that could allow China to hack into critical infrastructure. The House of Representatives Select Committee on China is investigating China's TP-Link Technology Co, which is the top seller of WiFi routers internationally by unit volume. The Commerce Department is considering a ban on the sale of the company's routers.

China Maintains Defence Spending Increase at 7.2% Amid Roiling Geopolitical Tensions Δ1.68

China will boost its defence spending by 7.2% this year, maintaining a steady growth rate as Beijing faces headwinds from three years of sluggish economic expansion amid mounting geopolitical challenges from Taiwan to Ukraine. The increase is well above China's economic growth target for this year and reflects Beijing's ambitions for continued military modernisation amid roiling geopolitical challenges. This year's report stresses the importance of combat readiness and scientific and strategic improvements, while also pledging to "continue improving the political conduct of the military".

US Charges Chinese Hackers Who Targeted Government Dissidents Δ1.68

The Justice Department has indicted 12 Chinese nationals for their involvement in a hacking operation that allegedly sold sensitive data of US-based dissidents to the Chinese government, with payments reportedly ranging from $10,000 to $75,000 per hacked email account. This operation, described as state-sponsored, also extended its reach to US government agencies and foreign ministries in countries such as Taiwan, India, South Korea, and Indonesia. The charges highlight ongoing cybersecurity tensions and the use of cyber mercenaries to conduct operations that undermine both national security and the privacy of individuals critical of the Chinese government.

China to Publish Policy to Boost RISC-V Chip Use Nationwide, Sources Say Δ1.68

China plans to issue guidance to encourage the use of open-source RISC-V chips nationwide for the first time, two sources briefed on the matter said, as Beijing accelerates efforts to curb the country's dependence on Western-owned technology. The policy guidance is being drafted jointly by eight government bodies and could be released soon. Chinese chip design firms have eagerly embraced RISC-V, seeing its lower costs as a major attraction.

China Vows Utmost Efforts for 'Peaceful Reunification' With Taiwan Δ1.68

China will exert utmost efforts to realise "peaceful reunification" with Taiwan, but will take all necessary steps to safeguard China's territorial integrity. Chinese President Xi Jinping has emphasized the importance of reunification, stating that Taiwan is an inalienable part of China. The Chinese government views Taiwanese identity as a threat to its national unity.

US to Hold Hearing on China's Efforts to Boost Semiconductor Industry Δ1.68

The U.S. Trade Representative's Office is set to hold a hearing focused on older Chinese-made "legacy" semiconductors, which may result in additional U.S. tariffs aimed at protecting domestic chip manufacturers from China's growing influence in the semiconductor market. This investigation, initiated under the Biden administration, highlights concerns over the origin of chips used in a variety of U.S. products, including those in critical sectors like defense. As tensions between the U.S. and China escalate, the hearing will address the potential economic repercussions of tariffs on consumers and industries reliant on these legacy chips.

China's Leader Announces Support for Tech Industry Δ1.68

The announcement by Chinese Premier Li Qiang of support for emerging industries such as biomanufacturing, quantum technology, AI, and 6G technology has sparked a broad-based rally among China's most widely followed technology stocks. The show of support was unexpected to market watchers, but it has helped to stoke investor sentiment and reinforce the country's commitment to supporting its tech sector. This development is part of a larger effort by the Chinese government to promote innovation and economic growth in key industries.