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Jodi Xu Klein
Jodi Xu Klein
Deputy Bureau Chief, North America  
Jodi Xu Klein is Deputy Bureau Chief, North America at the Post. Klein is an award-winning business journalist with 20 years of experience. She joined the Post in 2017 following a decade covering finance and business for The Wall Street Journal and Bloomberg in New York. She was part of the Time Magazine reporting team that won the Henry R. Luce Award for the China Sars coverage.

Beijing’s crackdown on technology companies has led to billions of dollars in losses for US investors, said US-China Economic and Security Review Commission.

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Meeting can help clarify ‘understanding of one another’s intentions’, according to the US official before the two leaders’ first virtual meeting.

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‘The two leaders will discuss ways to responsibly manage the competition between the United States and the [People’s Republic of China],’ White House press secretary Jen Psaki says.

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Citing the threat from ‘adversaries like the People’s Republic of China’, Marco Rubio of Florida and Raphael Warnock of Georgia hope to extend federal oversight of foreign deals for US businesses that handle personal data.

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For electric vehicle buyers, many of whom count the family car as the largest big-ticket purchase of their lifetime after the home, the spectre of automobiles catching fire was a cause for pause.

Artificial intelligence, quantum computing, bioscience, semiconductors, and autonomous systems are sectors ‘where the stakes are potentially greatest for US economic and national security’, the National Counterintelligence and Security Centre (NCSC) said in a new paper.

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The property developer has missed three interest payments and will default if it fails to pay US$119 million by October 23; the government, which wants to avoid a bailout, is trying to find a way to penalise the company without creating a sectorwide panic.

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The biggest obstacle President Joe Biden and his team face while trying to de-escalate tensions with China is Congress, according to senior managers at US tech firms.

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China ‘is clearly not what was envisioned’ when it was admitted into the World Trade Organization in 2001, the Atlantic Council and Rhodium Group find, adding that the nation has back-pedalled from its stated economic objectives.

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The designations came as part of a broader action by the US Treasury Department that targeted Lebanon and Kuwait-based financial conduits that fund the Lebanese Shiite group Hezbollah as well as financial facilitators and front companies that support the group and Iran.

The chief US securities regulator says he supports a bill in Congress that allows for faster removal from markets for non-compliance with disclosure rules.

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Ong, a third-generation Chinese-American, was declared ‘a true American hero’ for her call reporting the hijack of American Airlines Flight 11; friends and family succeeded in having San Francisco rename a Chinatown community centre in her honour.

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‘The policy has not been eased or amended,’ a spokesman says, after an outcry greeted reports that Huawei has won approval to purchase American-made automotive chips.

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The China Securities Regulatory Commission says it hopes to ‘create conditions’ to cooperate over an issue that threatens to delist US$1.3 trillion in shares.

‘The current environment in the US in the geopolitical relationship towards China has pushed everything that’s happening in the China field toward this narrow lens of security,’ said Rosie Levine, senior programme officer at NCUSCR

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Jake Sullivan conveyed the warning to Brazilian President Jair Bolsonaro last week, a White House official confirms, adding that Sullivan also said the US supports Brazil’s bid to become a Nato partner but did not tie that support to avoiding Huawei.

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