Despite otherwise being historically unproductive, the U.S. Congress in 2023 was uniquely focused on U.S.-China relations.
Factional infighting stymied most legislative activity, but former Speaker of the House Kevin McCarthy (R-CA) established a new House Select Committee on Strategic Competition Between the United States and the Chinese Communist Party in January 2023, setting off a horse race of oversight efforts related to the U.S.-China bilateral relationship.
By December 2023, over 40 China-focused Congressional hearings had been held, vastly outstripping an average of 10 China-focused hearings per year dating back to 2017.
China has added 10 U.S. entities it said are linked to the U.S. military, including two rare earth firms, to ...
George Chen in CNBC: “Beijing is increasingly concerned about AI-related financial risks… regulators view these trends as early signs of a potential market bubble.”
While Wall Street is celebrating the world’s first trillion‑dollar IPO SpaceX and U.S. investors continue to pile into AI stocks, ...
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