China's new anti-espionage law poses threat to U.S. companies in China
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The Biden administration is warning U.S. companies operating in China that a new anti-espionage law could give Beijing more power and put them at risk. "Face the Nation" moderator Margaret Brennan reports on the potential dangers U.S. firms may face. #news #china #beijing Each weekday morning, "CBS Mornings” co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. "CBS Mornings" airs weekdays at 7 a.m. on CBS and stream it at 8 a.m. ET on the CBS News app. Subscribe to “CBS Mornings” on YouTube: https://www.youtube.com/CBSMornings Watch CBS News: http://cbsn.ws/1PlLpZ7c Download the CBS News app: http://cbsn.ws/1Xb1WC8 Follow "CBS Mornings" on Instagram: https://bit.ly/3A13OqA Like "CBS Mornings" on Facebook: https://bit.ly/3tpOx00 Follow "CBS Mornings" on Twitter: https://bit.ly/38QQp8B Subscribe to our newsletter: http://cbsn.ws/1RqHw7T​ Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: licensing@veritone.com
  • relay
    10·
    1 year ago

    Oh no that means that US proxies can’t spy on Chinese citizens.

    Those poor multimilion dollar companies can’t sell that valuable data to the US government and are going to lose so much in potential profits.

    That loss in potential profits will make the stock values go down and you know how important that is. We’ll have millions of Americans die just to make sure that the stock values don’t go down, even though they eventually go down regardless on their own as part of the business cycle.

    But it is the Chinese that are evil…

    UwU