Tag: DeSantis, Ron

Florida Law Chills Chinese Student Recruitment

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The panic among faculty at the University of Florida began this month once word started to spread: Do not make offers yet to graduate students from seven “countries of concern.” Among the seven was China, the largest source of international students at Florida, a major research university, particularly in the fields of science, technology, engineering and mathematics. The guidance stemmed from a new law that Gov. Ron DeSantis of Florida, a Republican, and state lawmakers said was designed to prevent the Chinese Communist Party from having influence at the state’s…

DeSantis Says He Will ‘Reorient’ U.S. Foreign Policy to Counter China

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Gov. Ron DeSantis of Florida, working to maintain his second-place status in the Republican primary, said Friday that as president he would “reorient” U.S. foreign policy to give clear priority to China while downplaying national security risks posed by conflicts such as Russia’s war on Ukraine. In a speech laying out his approach, Mr. DeSantis cast Beijing as a greater threat to the United States than the Axis powers and the Soviet Union ever were because of its economic might. As commander in chief, he said, he would “prioritize the…

Why Trump and the Rest of the G.O.P. Won’t Stop Bashing Electric Vehicles

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Fresh off a walking tour of blighted Flint, Mich., on Wednesday, Vivek Ramaswamy spoke excitedly about a comeback for the “forgotten America” that he has made a part of his long-shot bid for the presidency. He wasn’t promising that the automakers that had largely abandoned Flint would return. “We have opportunities, though, to look to the future of a lot that we need to bring to this country,” Mr. Ramaswamy, a 38-year-old entrepreneur, said, ticking through the industries that he’d like to see help drive a revival: semiconductors, pharmaceuticals, defense…

How U.S.-China Tensions Could Affect Who Buys the House Next Door

Chin@Strategy

The share of United States farmland owned by Chinese people and companies is small and has not been growing substantially. Chinese owners held about 350,000 acres at the end of 2020, according to a U.S. Department of Agriculture report, and most of the farmland came from the Chinese acquisition of Smithfield Foods in 2013. Canadian owners, by contrast, held 12.4 million acres. The figures do not include residential or commercial buildings, though that has largely not been the focus of most legislative efforts. Chinese investors are among the top foreign…

Zero-Covid Protests in China Shake Global Markets

Chin@Strategy

Crypto investors see trouble ahead Crypto asset prices sank again on Monday even as Binance, the industry’s biggest exchange, tried to restore investor trust by pushing for greater transparency across its exchange following the collapse of its rival, FTX, earlier this month. How bad could it get? Mark Mobius, a co-founder of Mobius Capital Partners, told Bloomberg this morning that his new price target for Bitcoin is $10,000, implying a further drop of nearly 40 percent. Binance sought to calm investor nerves. This weekend, Changpeng Zhao, its founder, said that…