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Fri Sep 4, 2020, 08:32 AM

White House asks U.S. agencies to detail all China-related funding

Source: Reuters

BUSINESS NEWS SEPTEMBER 4, 2020 / 6:02 AM / UPDATED 2 HOURS AGO

Exclusive: White House asks U.S. agencies to detail all China-related funding

David Shepardson
5 MIN READ

WASHINGTON (Reuters) - The White House has asked U.S. government agencies for extensive details of any funding that seeks to counter China’s global influence and business practices, or supports Beijing, amid growing tensions between Washington and Beijing.

According to an Aug. 27 White House Office of Management and Budget (OMB) document seen by Reuters, the OMB directed U.S. agencies to submit “cross-cutting data on federal funding that aids or supports China, or that directly or indirectly counters China’s unfair competition and malign activities and influence globally.”

China denies it engages in unfair competitive practices.

The document, titled “Strategic Competition with China Crosscut,” does not say how the information will be used other than that it will “inform policymakers” of the myriad ways U.S. government spending involves China.

The United States and China have grown antagonistic toward each other with disagreements that stretch from a two-year-old trade war, to the Trump administration blaming Beijing for a lack of transparency about the spread of COVID-19.

-snip-


Read more: https://www.reuters.com/article/us-usa-china-budget-exclusive/exclusive-white-house-asks-u-s-agencies-to-detail-all-china-related-funding-idUSKBN25V1DO

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Reply White House asks U.S. agencies to detail all China-related funding (Original post)
Eugene Sep 4 OP
mahatmakanejeeves Sep 4 #1
lostnfound Sep 4 #2

Response to Eugene (Original post)

Fri Sep 4, 2020, 08:41 AM

1. The Cisco phone on Trump's desk in the Oval Office is made in China.

I'm just trying to be helpful.

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Response to Eugene (Original post)

Fri Sep 4, 2020, 09:12 AM

2. Pretending it's about "lack of transparency"

How stupid do people have to be, to think it’s about “blaming Beijing for a lack of transparency about the spread of COVID-19.”

It’s always about money or power. The kabuki with China is probably jockeying for better leverage, or pressuring them to keep or inject money in the US stock market, or more patents for ivanka.

It is NEVER about principles with this administration, and certainly not about “transparency”..

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