Tag: Commerce Department

European Steel Plan Shows Biden’s Bid to Merge Climate and Trade Policy

Chin@Strategy

WASHINGTON — President Biden has promised to use trade policy as a tool to mitigate climate change. This weekend, the administration provided its first look at how it plans to mesh those policy goals, saying the United States and the European Union would try to curb carbon emissions as part of a trade deal covering steel and aluminum. The arrangement, which American and European leaders aim to introduce by 2024, would use tariffs or other tools to encourage the production and trade of metals made with fewer carbon emissions in…

Spies for Hire: China’s New Breed of Hackers Blends Espionage and Entrepreneurship

Chin@Strategy

One posting from Hainan Xiandun stood out. The ad, on a Sichuan University computer science hiring board from 2018, boasted that Xiandun had “received a considerable number of government-secret-related business.” The company, based in Hainan’s capital, Haikou, paid monthly salaries of $1,200 to $3,000 — solid middle-class wages for Chinese tech workers fresh out of college — with bonuses as high as $15,000. Xiandun’s ads listed an email address used by other firms looking for cybersecurity experts and linguists, suggesting they were part of a network. Chinese hacking groups are…