By Rand Paul
Obama acts as though we no longer have a Constitution
Independent voices from the TWT Communities
The prospect of Massachusetts-based high-tech battery-maker A123 Systems landing in the hands of a Chinese competitor has angered some lawmakers, but a group of highly paid lawyers — including a former Senate staffer who earned more than $1,000 per-hour — kept the sale from falling apart amid mounting criticism on Capitol Hill.
The federal government approved a deal allowing a U.S. battery maker backed with tens of millions of dollars from the federal stimulus program to be purchased by a Chinese competitor, officials announced Tuesday.
A judge approved a deal Tuesday for a Chinese company to buy the assets of a bankrupt U.S. battery maker that won a quarter-billion-dollar grant from the federal government just three years ago.
The Pentagon is investigating the joint avionics venture between General Electric and a Chinese company that was linked in the past to U.S. arms proliferation sanctions.
Rep. J. Randy Forbes has written to Defense Secretary Leon E. Panetta requesting a formal Pentagon review of whether a joint venture between General Electric and a Chinese aviation firm will compromise U.S. military technology.
A U.S. supercomputer laboratory engaged in classified military research concluded a recent deal involving Chinese-made components that is raising concerns in Congress about potential electronic espionage.
The U.S. Department of Agriculture (USDA) has listed two Chinese government-related telecommunications companies as approved suppliers for companies taking part in the Obama administration's multibillion-dollar program to expand broadband Internet service around the country.
Last summer, a Chinese telecommunications giant founded by a former People's Liberation Army (PLA) engineer was rebuffed in its effort to sell vast quantities of equipment to Sprint Nextel - an American company that provides communication services to the U.S. Defense Department and other government agencies. An interagency group known as the Committee on Foreign Investment in the United States (CFIUS) took a hard look at the proposal and, quite sensibly, rejected it on national security grounds.
A major Chinese telecoms equipment maker is scrapping its effort to acquire a U.S. computer company after a security panel refused to approve the deal.
China appealed Thursday to Washington for fairness as American officials decide whether to block Chinese telecom giant Huawei's purchase of a U.S. computer company on security grounds.
A federal interagency group on foreign investment wants China's Huawei telecommunications company to cut ties with a U.S. technology firm, highlighting growing fears about the security of foreign-supplied goods used in vital U.S. infrastructure, the nation's senior intelligence official told Congress Wednesday.
The Pentagon's intelligence directorate is killing off one of its most strategically important mission areas: monitoring efforts by foreign governments to buy U.S. firms and technology, such as the multiple efforts by China's military-linked equipment company Huawei Technologies to buy into the U.S. high-technology sector.