N.S.A. Installs New Director as U.S. Prepares for Election Influence Operations

Air Force Gen. Timothy D. Haugh took the helm of the National Security Agency and the Cyber Command on Friday, as the intelligence agencies and military brace for renewed efforts by foreign adversaries to influence the American elections this year. General Haugh replaces Army Gen. Paul M. Nakasone, who took over in 2018 and helped focus the N.S.A. and Cyber Command on countering foreign efforts to interfere in American elections. The N.S.A. collects communications intelligence, like phone calls and computer traffic, and Cyber Command conducts operations on computer networks. Securing…

Bao Fan, Missing Chinese Banker, Resigns After Investigation

After disappearing nearly a year ago as part of an investigation by Chinese authorities, prominent investment banker Bao Fan has resigned as chairman and chief executive of China Renaissance Holdings, the company said on Friday. Mr. Bao, a deal-making banker for Chinese internet giants Alibaba and Tencent, went missing last February. China Renaissance initially said it had lost contact with Mr. Bao before later stating that he was cooperating with an investigation being carried out by the authorities in China. Mr. Bao’s disappearance signaled an escalation in Beijing’s crackdown on…

Trump’s Tariffs Hurt U.S. Jobs but Swayed American Voters, Study Says

The sweeping tariffs that former President Donald J. Trump imposed on China and other American trading partners were simultaneously a political success and an economic failure, a new study suggests. That’s because the levies won over voters for the Republican Party even though they did not bring back jobs. The nonpartisan working paper examines monthly data on U.S. employment by industry to find that the tariffs that Mr. Trump placed on foreign metals, washing machines and an array of goods from China starting in 2018 neither raised nor lowered the…

India’s Quiet Push to Steal More of China’s iPhone Business

India is quietly grabbing from China more manufacturing of Apple’s iPhones and other electronics gear. It is happening in South Indian industrial areas on muddy plots that were once farmland. In Sriperumbudur, people call Apple “the customer,” not daring to say the name of a company that prizes its secrets. But some things are too big to hide. Two gigantic dormitory complexes are springing up from the earth. Once finished, each will be a tight block of 13 buildings with 24 rooms per floor around an L-shaped hallway. Every one…

China Meets the U.S. to Discuss Fentanyl, But the Détente Has Limits

China and the United States are back at the negotiating table. Whether they can agree on much is another matter. In Bangkok, China’s top diplomat last week discussed North Korea and Iran with President Biden’s national security adviser. Days later, in Beijing, officials restarted long-stalled talks on curbing the flow of fentanyl to the United States. And the White House says Mr. Biden plans to speak by phone with China’s leader, Xi Jinping, in the spring. The developments point to a tentative détente struck by Mr. Biden and Mr. Xi…

F.B.I. Director Warns of China Hacking Threat

Christopher A. Wray, director of the Federal Bureau of Investigation, warned on Wednesday that China was ramping up an extensive hacking operation geared at taking down the United States’ power grid, oil pipelines and water systems in the event of a conflict over Taiwan. Mr. Wray, appearing before a House subcommittee on China, offered an alarming assessment of the Chinese Communist Party’s efforts. Its intent is to sow confusion, sap the United States’ will to fight and hamper the American military from deploying resources if the dispute over Taiwan, a…

How China Censors Critics of the Economy

China’s top intelligence agency issued an ominous warning last month about an emerging threat to the country’s national security: Chinese people who criticize the economy. In a series of posts on its official WeChat account, the Ministry of State Security implored citizens to grasp President Xi Jinping’s economic vision and not be swayed by those who sought to “denigrate China’s economy” through “false narratives.” To combat this risk, the ministry said, security agencies will focus on “strengthening economic propaganda and public opinion guidance.” China is intensifying its crackdown while struggling…

Hong Kong Pushes New Security Law to Root Out ‘Seeds of Unrest’

The Hong Kong government will enact a long-shelved security law to curb foreign influence and expand the definition of offenses like stealing state secrets and treason, officials announced on Tuesday, in a move expected to further silence dissent in the once-freewheeling Chinese territory. The proposed law would lay out five major areas of offenses: treason, insurrection, theft of state secrets, sabotage and external interference. Some of the definitions would echo mainland Chinese treatments of those offenses. “Foreign intelligence organizations, the C.I.A. and British intelligence agencies have publicly stated that they…

6 Great Space Images in January

An asteroid burned up over Germany on Jan. 21. The rock was only three feet in size and posed no risk to people on the ground. But astronomers used planetary defense software to detect the asteroid and pinpoint where it would enter the atmosphere. Meteorite hunters found pieces of it days later in Poland. Michael Aye, via Storyful NYT

After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’

The unwavering belief of Chinese home buyers that real estate was a can’t-lose investment propelled the country’s property sector to become the backbone of its economy. But over the last two years, as firms crumbled under the weight of massive debts and sales of new homes plunged, Chinese consumers have demonstrated an equally unshakable belief: Real estate has become a losing investment. This sharp loss of faith in property, the main store of wealth for many Chinese families, is a growing problem for Chinese policymakers who are pulling out all…