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Related: About this forumWhite 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 Chinas 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 Chinas 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-
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 Chinas 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 Chinas 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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White House asks U.S. agencies to detail all China-related funding (Original Post)
Eugene
Sep 2020
OP
mahatmakanejeeves
(57,436 posts)1. The Cisco phone on Trump's desk in the Oval Office is made in China.
I'm just trying to be helpful.
lostnfound
(16,178 posts)2. Pretending it's about "lack of transparency"
How stupid do people have to be, to think its about blaming Beijing for a lack of transparency about the spread of COVID-19.
Its 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..