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Xi Jinping: ‘The new cold war could turn hot’

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On Monday, Chinese President Xi Jinping spoke at Davos Agenda, a virtual event organized by the World Economic Forum.

President Xi urged world leaders to put aside divisions and warned that a “new cold war” could turn hot, and must be avoided.

Moreover, Xi said that attempts to “isolate, intimidate, decouple and sanction” others will “only push the world into division, even confrontation.”

These were Xi’s first remarks to an international audience since the inauguration of President Joe Biden. The Biden administration has agreed with the Trump administration that China is committing “genocide” against the Uyghur Muslims.

“We should respect and accommodate differences, avoid meddling in other countries’ internal affairs and resolve disagreements through consultation and dialogue,” Xi said. “History and reality have made it clear time and again that the misguided approach of antagonism and confrontation — be it in the form of a cold war, hot war, trade war or tech war — will eventually hurt all countries’ interest and undermine everyone’s well-being.”

Under the Trump administration, tensions were high between China and the U.S.

The Chinese President explained his four-step approach to ensuring the world emerges stronger after the coronavirus pandemic, which originated in Wuhan, China.

According to Axios, the approach includes “macroeconomic policy coordination,” the avoidance of “arrogance, prejudice and hatred” in favor of “peaceful coexistence,” the reduction of global inequality, and the strengthening of global institutions on issues like public health and climate change.

Xi opposes the idea of imposing sanctions or seeking to “create isolation.” He warned that the pandemic should not be allowed to accelerate “decoupling” or the re-routing of supply chains, which is currently being debated in Washington.

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Elections

Report: Beijing’s military hacked U.S. nuclear firm before Hunter Biden aided Chinese bid to acquire it

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A bombshell report by Just the News explains that “U.S. officials were acutely aware that Beijing was trying to obtain America’s premiere nuclear reactor technology, including through illicit hacking, months before Hunter Biden and his business partners sought to arrange a quiet sale of an iconic U.S. reactor company to a Chinese firm, according to court records and national security experts.”

Hunter Biden attempted to assist CEFC China Energy to acquire Westinghouse, one of America’s most famous electricity and appliance brands, as well as its state-the-art AP1000 nuclear reactor.

Hunter began his work with the Chinese company in early 2016 – while Joe Biden was the sitting Vice President – memos show. According to a copy of the indictment, just 20 months earlier, his father’s Justice Department charged five members of a Chinese military hacking unit for breaching the company’s computer systems in search of intellectual property and internal strategy communications.

Just the News reports:

In May 2014, the five operatives of the People’s Liberation Army’s Unit 61398 were charged with hacking into the systems of six U.S.-based companies across different industrial sectors, including Westinghouse Electric Co., SolarWorld, United States Steel Corp., and a union. The attorney general at the time, Eric Holder, called the breach a classic case of “economic espionage.”

One operative gained access to Westinghouse’s computers in 2010 and “stole proprietary and confidential technical and design specifications related to pipes, pipe supports, and pipe routing” pertaining to the company’s advanced AP1000 nuclear reactor design, according to an indictment filed by the Department of Justice.

“Among other things, such specifications would enable a competitor to build a plant similar to the AP1000 without incurring significant research and development costs associated with designing similar pipes, pipe supports, and pipe routing systems,” the indictment reads.

Just the News notes that while there is no evidence at the moment that Hunter Biden was aware of or involved in the hacking efforts by the Chinese, documents previously released by Congress in the Biden impeachment inquiry show Hunter Biden wrote in one text message in 2017 that he believed one of the CEFC officials he worked with, Patrick Ho, was the “f—ing spy chief” of China.

Ho was later indicted in the U.S. and charged with corruption. Joe Biden’s brother James told the FBI he believed CEFC Chairman Ye Jianming had a relationship with China’s communist president.

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