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Beijing's Trojan Horse Rolls Into Canada: National Security Expert Warns Carney's Chinese EV Deals Embeds Sabotage Risk
Beijing's Trojan Horse Rolls Into Canada: National Security Expert Warns Carney's Chinese EV Deals Embeds Sabotage Risk
Submitted by The Bureau's Sam Cooper (emphasis our own),
China keeps finding inventive ways to burrow into the West, and Canada's new appetite for Chinese electric vehicles may be the most consequential opening yet.
That is the warning at the center of a report published this week by the Macdonald-Laurier Institute and written by Brenda Shaffer, an energy and national-security specialist who teaches at the United States Naval Postgraduate School.
China, she writes, "continues to find creative...
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US Industrial Production Surged In April
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Despite record low consumer sentiment (if you believe UMich), this morning saw the Empire Fed survey show New York state factory activity expanded in May at the fastest pace in four years, and firms grew more optimistic about the outlook.
That was followed by a much hotter than expected Industrial Production print (up 0.7% MoM vs +0.3% MoM exp and higher than the highest estimate) for April (and March's decline revised stronger), lifting annual growth up to +1.35% YoY...
Source: Bloomberg
April's gain for US industrial production was...
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