{"id":2208666,"date":"2024-03-28T19:02:02","date_gmt":"2024-03-28T23:02:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/xi-jinping-woos-western-businesses-while-spy-agency-airs-warnings\/"},"modified":"2024-03-28T19:06:28","modified_gmt":"2024-03-28T23:06:28","slug":"xi-jinping-woos-western-businesses-while-spy-agency-airs-warnings","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/xi-jinping-woos-western-businesses-while-spy-agency-airs-warnings\/","title":{"rendered":"Xi Jinping seeks to attract Western businesses despite spy agency issuing alerts"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fxi-jinping-woos-western-businesses-while-spy-agency-airs-warnings%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2208666&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>China&#8217;s counterintelligence officials caution businesses under Beijing&#8217;s jurisdiction against sharing information with Western\u2064 corporate consulting firms,\u2063 citing threats to national security. The warning, accompanied by a video illustrating\u2063 an incident of consultancy misuse, sheds\u2063 light on the intricate dynamics of international \u2062relations. Despite tensions, Chinese officials aim to foster mutual respect and cooperation with foreign entities, emphasizing <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fauci-warns-world-about-disinformation-xi-jinping-warns-about-shifting-blame\/\" title=\"Fauci Warns World About \u2018Disinformation.\u2019 Xi Jinping Warns About \u2018Shifting Blame.\u2019\">win-win outcomes<\/a>.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/tag\/china\" target=\"_blank\" rel=\"noopener\" title>China<\/a>\u2019s counterintelligence officials have warned businesses under <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/Beijing\" target=\"_blank\" rel=\"noopener\" title>Beijing<\/a>\u2019s jurisdiction that sharing information with Western corporate consulting firms could \u201cseriously endanger <a href=\"http:\/\/washingtonexaminer.com\/tag\/national-security\/\" target=\"_blank\" rel=\"noopener\" title>national security<\/a>.\u201d<\/p>\n<p>\u201cSuch information, if accumulated to a certain extent and analyzed in a comprehensive manner, can reflect important information about our economic operation, national defense and military,\u201d <a href=\"https:\/\/www.scmp.com\/news\/china\/politics\/article\/3257092\/chinas-spy-agency-warns-foreign-groups-are-using-consulting-cover-steal-secrets?module=top_story&#038;pgtype=homepage\" target=\"_blank\" rel=\"noopener\" title>according to<\/a> China\u2019s Ministry of State Security.<\/p>\n<p>The warning accompanied a video that outlined a purported incident in which a consultancy exploited its relationship with a Chinese client on behalf of \u201coverseas spy agencies,\u201d as the <em>South China Morning Post<\/em> explained. The message underscores the fraught dynamics of international economic relationships that Chinese officials are keen to expand, even as the communist regime and Western powers view each other with increasing suspicion.<\/p>\n<p>\u201cWe will provide broader development space for U.S. and other foreign businesses,\u201d Chinese Foreign Ministry spokesman Lin Jian said Thursday. \u201cIn the business cooperation, the two sides should stay committed to mutual respect, mutual benefit, and equal-footed consultation, respect each other\u2019s development rights, and work for win-win outcomes for the two countries and the world at large.\u201d<\/p>\n<p>Chinese President Xi Jinping hosted \u201crepresentatives of the U.S. business, strategic and academic communities\u201d on Wednesday.<\/p>\n<p>\u201cPresident Xi Jinping pointed out that the Chinese economy is sound and sustainable,\u201d Lin said. \u201cChina did not collapse as predicted by the \u2018China collapse theory,\u2019 nor will it peak as forecasted by the \u2018China peak theory.\u2019 China\u2019s reform will not pause, and its opening up will not stop. We will provide broader development space for U.S. and other foreign businesses.\u201d<\/p>\n<figure><figcaption>In this photo released by Xinhua News Agency, Chinese President Xi Jinping, center, walks with representatives from American business, strategic, and academic communities on Wednesday, March 27, 2024, at the Great Hall of the People in Beijing. (Huang Jingwen\/Xinhua via AP)<\/figcaption><\/figure>\n<p>China\u2019s emergence as a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/japans-ruling-party-pressures-u-n-to-limit-security-council-veto-powers\/\" title=\"Japan's Ruling Party Pressures U.N. to Limit Security Council Veto Powers\">major economic power<\/a> has come with <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mo-brooks-calls-out-weak-kneed-debt-junkie-america-last-republicans-who-funded-bidens-afghan-resettlement\/\" title=\"Mo Brooks Calls Out 'Weak-Kneed, Debt Junkie ... America Last' Republicans Who Funded Biden's Afghan Resettlement\">significant security risks<\/a>, according to Western officials. Chinese telecommunications companies such as Huawei are regarded in Western circles as platforms for Beijing\u2019s spy agencies, in part due to a national security law that compels cooperation with the communist regime. TikTok, a Chinese-owned social media app, is at risk of being banned from the United States, and U.S. intelligence officials\u00a0reportedly have warned Congress that a different Chinese company \u201chad transferred U.S. intellectual property to Beijing without consent,\u201d according to <em>Reuters<\/em>.<\/p>\n<p>\u201cWe are not aware of any unauthorized transfers by WuXi AppTec of any U.S. client\u2019s data or intellectual property to China,\u201d a spokesman for WuXi AppTec <a href=\"https:\/\/www.reuters.com\/technology\/chinas-wuxi-apptec-shared-us-clients-data-with-beijing-us-intelligence-officials-2024-03-28\/\" target=\"_blank\" rel=\"noopener\" title>said<\/a> Thursday. \u201cSafeguarding our customers\u2019 information is of the utmost importance to us, and we store it in keeping with their direction.\u201d<\/p>\n<p>The global heavyweights also traded allegations about cyber espionage and promoted internal warnings to mitigate putative vulnerabilities. U.S. officials and several allied governments, for instance, unveiled allegations that a Chinese hacking group has targeted Western politicians in a sprawling hacking spree.<\/p>\n<p>\u201cForeign interference of this nature is unacceptable, and we have urged China to refrain from such activity in future,\u201d New Zealand Foreign Minister Winston Peters <a href=\"https:\/\/www.reuters.com\/technology\/cybersecurity\/new-zealand-says-parliamentarian-entities-hit-2021-by-malicious-cyber-activity-2024-03-25\/\" target=\"_blank\" rel=\"noopener\" title>said<\/a> Tuesday. \u201cNew Zealand will continue to speak out \u2014 consistently and predictably \u2014 where we see concerning behaviors like this.\u201d<\/p>\n<p>Peters\u2019 statement dovetailed with parallel <a href=\"https:\/\/www.washingtonexaminer.com\/author\/joel-gehrke\" target=\"_blank\" rel=\"noopener\" title>allegations<\/a> from the United Kingdom and the United States, as well as from Finland. Chinese officials have denied the charge, which they bracketed with their own warning about a foreign hacker.<\/p>\n<p>\u201cThe <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/19-states-urge-biden-to-reinstate-keystone-after-colonial-pipeline-hack-caused-mass-gas-shortages\/\" title=\"19 States Urge Biden To Reinstate Keystone After Colonial Pipeline Hack Caused Mass Gas Shortages\">foreign hacking group<\/a> has also infiltrated hundreds of networks of domestic business and government units, in preparation for larger scale criminal activities,\u201d the state security ministry <a href=\"https:\/\/www.scmp.com\/news\/china\/politics\/article\/3256216\/china-warns-foreign-hackers-are-infiltrating-hundreds-business-and-government-networks?module=hard_link&#038;pgtype=article\" target=\"_blank\" rel=\"noopener\" title>claimed<\/a> last week.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\" target=\"_blank\" rel=\"noopener\" title><strong>CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/strong><\/a><\/p>\n<p>The Chinese agency did not identify the corporate consultancy accused of working with foreign spies, but\u00a0\u201cseveral foreign consulting companies [have been] targeted in raids\u201d over the last year, as the <em>South China Morning Post<\/em> noted. The raids stoked anxiety in corporate circles that \u201ceconomic pragmatism \u2026 has taken a back seat to the ideological and national security priorities,\u201d as the <a href=\"https:\/\/www.nytimes.com\/2023\/04\/27\/business\/bain-china.html\" target=\"_blank\" rel=\"noopener\" title><em>New York Times<\/em><\/a> put it.<\/p>\n<p>\u201cThe U.S. companies are optimistic about China\u2019s development prospects, will maintain their strong commitment to the Chinese market, and pursue close and long-term cooperation with China,\u201d Lin maintained.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s counterintelligence officials caution businesses within Beijing&#8217;s authority about sharing data with Western consulting firms, citing risks to national security. The Ministry of State Security highlights that such information could reveal crucial insights into economic activities, national defense, and military affairs when aggregated and analyzed extensively<\/p>\n","protected":false},"author":2743,"featured_media":2208667,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/03\/xi-jinping-1024x682.jpeg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2208666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/03\/xi-jinping-1024x682.jpeg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2208666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2743"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2208666"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2208666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2208667"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2208666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2208666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2208666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}