Chinese investment

SpaceX Took Chinese Investment: Insider Testimony Raises National Security Concerns

Newly unsealed testimony from a SpaceX insider reveals that the company has accepted direct investments from Chinese investors, marking the first disclosure of such investments in the U.S. military contractor. This revelation raises significant national security concerns, as the U.S. government views Chinese investment in sensitive industries as a potential espionage risk. While the scope and identities of these Chinese investors remain undisclosed, experts suggest that if Chinese investors gained access to nonpublic information, it could pose substantial national security consequences. This information came to light through court records related to a legal dispute between SpaceX investors, which ProPublica successfully moved to make public.

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BYD’s Canada Entry: Trade Deal Bait or Security Risk?

China’s ambassador to Canada recently highlighted the challenges BYD, a major electric vehicle manufacturer, faced while considering Canadian investment, citing “huge difficulties, restrictions and obstruction.” This suggests a deliberate attempt by China to influence Canadian trade policy through the implication of potential future EV investments. The ambassador emphasized the mutual benefits of such cooperation in the EV sector, leaving open the possibility of renewed investment interest. This implicitly links future Canadian trade decisions to the prospect of significant Chinese investment in the EV market.

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