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Wall Street Is Hopeful About China. Washington Is Getting Tougher.

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Wall Street Is Hopeful About China. Washington Is Getting Tougher.


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The U.S. has expressed concern that U.S. consumer knowledge could possibly be collected by China by the video-sharing app TikTok.


Mario Tama/Getty Pictures

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Whereas traders have turn out to be extra upbeat about China’s near-term prospects because the nation reopens after three years of strict Covid restrictions, Congress and the Biden Administration are nonetheless shifting towards elevated restrictions on China.

Home Republicans, for instance, have stepped up scrutiny of video-sharing app TikTok, owned by China’s ByteDance, amid considerations U.S. consumer knowledge could possibly be collected by China, and the way China may affect U.S. teenagers and different customers by TikTok’s content material.

TikTok has been within the highlight for the reason that Trump administration threatened to ban it, and final 12 months the app was prohibited on federal gadgets and native governments and public universities in about 19 states.

The corporate has been in discussions with Washington, D.C. for years to seek out methods to deal with safety considerations. TikTok’s Chief Government Shou Zi Chew volunteered to look in entrance a congressional panel in March, The Wall Avenue Journal reported on Monday.

Veda Companions’ Henrietta Treyz suggested purchasers in a latest observe to pay extra consideration to the newly fashioned Choose Committee on the Strategic Competitors Between the U.S. and the Chinese language Communist Occasion. A holistic ban on TikTok is among the many record of priorities for the incoming chairman Rep. Mike Gallagher (R-Wis.), Treyz says.

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Treyz expects extra bipartisan invoice proposals popping out of the committee that vary from tackling Chinese language nonmarket forces to methods to bolster “pal shoring” to diversify U.S. provide chains away from China, approaching high of the export restrictions out this fall on semiconductors.

On Friday, the Biden administration signed a pact with Netherlands and Japan to impose export restrictions on superior semiconductors, a transfer that Beacon Coverage Advisors’ analysts see as extra successfully isolating China and hampering its capabilities to make its personal variations of the restricted superior chips.

The brand new guidelines, for instance, would stop

ASML Holdings

(ASML) from promoting to China a few of its deep ultraviolet lithography machines, and Japan will possible put comparable restrictions on

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Nikon

(7731.Japan) for probably the most superior expertise, Beacon analysts write in a shopper observe on Monday.

These strikes will assist create a extra stage taking part in area for U.S. chip corporations globally, assuaging one of many considerations that it could damage home corporations’ market share if their rivals weren’t topic to the identical restrictions, Beacon analysts mentioned.

Extra strikes are anticipated, with the subsequent set of restrictions possible targeted on outbound investments. Beacon analysts see such an govt order nonetheless months away. However the analysts see attainable restrictions on outbound investments made in corporations making superior chips that have been already restricted beneath final fall’s export controls. The main target is more likely to begin with joint ventures and direct investments.

Whereas restrictions on capital flows from American banks and monetary corporations investing in Chinese language state-owned enterprises are additionally being floated, the analysts see the feedback doubtlessly a part of political gamesmanship.

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Even because the U.S.-China relationship discovered a ground in latest months as their leaders tried to reopen diplomatic channels of engagement, the strikes in Congress and inside the administration is a reminder that the connection has essentially modified as China is seen as a strategic rival and potential menace to the U.S. 

Although these tensions are unlikely to derail the near-term rally in Chinese language shares on the again of bettering financial prospects, they are going to possible hover over the long run outlook and doubtlessly present bouts of volatility. Already, China is warning in opposition to a possible journey to Taiwan by newly chosen U.S. Home Speaker Kevin McCarthy, simply as Secretary of State Antony Blinken is ready to satisfy his counterparts in China subsequent week.

Write to Reshma Kapadia at reshma.kapadia@barrons.com



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Washington

New Target Emerging for the Commanders Ahead of NFL Trade Deadline

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New Target Emerging for the Commanders Ahead of NFL Trade Deadline


For weeks now people have been clamoring for Washington Commanders general manager Adam Peters to make a trade.

Specifically, those who have a vested interest in the Commanders’ continued success have wanted Peters and head coach Dan Quinn to add a cornerback and/or edge rusher.

Names like Carolina Panthers cornerback Jaycee Horn and Cleveland Browns corner Greg Newsome II have been thrown out there as potential targets. But if Peters had made that trade in the past two weeks, then he couldn’t make a move to bring New Orleans Saints star Marshon Lattimore to Washington.

New Orleans Saints cornerback Marshon Lattimore.

Jan 1, 2023; Philadelphia, Pennsylvania, USA; New Orleans Saints cornerback Marshon Lattimore (23) runs with the football after intercepting a pass against the Philadelphia Eagles at Lincoln Financial Field. Mandatory Credit: Eric Hartline-Imagn Images / Eric Hartline-Imagn Images

“While the Saints fired Dennis Allen after a seven-game losing streak, it doesn’t sound like it’ll be a firesale before tomorrow’s trade deadline,” NFL insider Tom Pelissero reported Monday evening. “They have gotten calls and could move the likes of CB Marshon Lattimore. But a widespread selloff seems unlikely.”

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While New Orleans may not be selling all of its pieces, the Commanders would likely only be interested in the one – the one Pelissero says might be available.

Now, the conflict here comes in the form of compensation. In their trade pitch sending Lattimore to Washington, 33rd Team presented an idea of sending a 2025 3rd Round NFL Draft pick to the Saints for the cornerback.

Doing so would leave the Commanders with one in the third round as they have two currently stemming from the trade of receiver Jahan Dotson. In theory, that could possibly turn trading Dotson and a 5th-round pick in next year’s draft to the Philadelphia Eagles for Lattimore and two 2025 7th-round picks. It’s not a bad deal if you ask us.

Lattimore turns 29 years old next May and was a first-round pick by New Orleans in the 2017 NFL Draft.

While he hasn’t recorded an interception this season he has 15 in his career and at least one in every year he’s played up to now.

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He’s a four-time Pro Bowl cornerback and is under contract through 2026 but has no guaranteed money left following this season and less than $1 million still due on his guarantees this season.

Following its bye week in Week 14 of the season, Washington visits the Saints in New Orleans.

Stick with CommanderGameday and the Locked On Commanders podcast for more FREE coverage of the Washington Commanders throughout the 2024 season.

• Commanders Continue to Stand at the Top of the NFC East Division

• Commanders Beat Giants, Complete Season Series Sweep

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• Commanders Score Twice Before Halftime to Extend Lead Over Giants

• Jayden Daniels, Terry McLaurin Connect to Score vs. Giants



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Big Ten Power Rankings: USC Trojans Below Washington, Minnesota, and Nebraska

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Big Ten Power Rankings: USC Trojans Below Washington, Minnesota, and Nebraska


The USC Trojans fell to the Washington Huskies 26-21 on Saturday. USC fell to 4-5 on the season and missed an opportunity to sneak back into the Big Ten Power Rankings.

Nov 2, 2024; Ann Arbor, Michigan, USA;  Oregon Ducks wide receiver Traeshon Holden (1) runs the ball chased by Michigan Wolve

Nov 2, 2024; Ann Arbor, Michigan, USA; Oregon Ducks wide receiver Traeshon Holden (1) runs the ball chased by Michigan Wolverines defensive back Aamir Hall (12) in the second half at Michigan Stadium. Mandatory Credit: Rick Osentoski-Imagn Images / Rick Osentoski-Imagn Images

The Oregon Ducks showed once again why they are undefeated and ranked as the No. 1 team in the country against Michigan in their 38-17 win. The Ducks controlled the whole game and weren’t phased by the 100,000+ in attendance in “The Big House.”

Next Game: 11/9 vs. Maryland

The Ohio State Buckeyes have the Penn State Nittany Lions number. Ohio State looked in trouble as they went down 10-0 in the first quarter on the road. The Buckeyes defense only allowed three more points the rest of the game in their 20-13 win at Penn State.

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Next Game: 11/9 v. Purdue

The Indiana Hoosiers are perfect with a 9-0 on the season and have their sights set on a College Football Playoff berth. Furthermore, Indiana is three wins away from a Big Ten title game appearance.

Next Game: 11/9 v. Michigan

The Penn State Nittany Lions are the kings off winning 9 or 10 games every season, but not getting that big win to put them over the edge. Saturday was a golden opportunity to beat a vulnerable Ohio State team at home. Even with a 10-point lead, they couldn’t do it.

Next Game: 11/9 v. Washington

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A month ago, it looked like Minnesota would be lucky to pick up six wins and make a bowl game. Since then, Minnesota has ran off four straight victories. There’s a clear top four in the Big Ten, but Minnesota leads the rest of the conference.

Next Game: 11/9 at Rutgers

Minnesota Golden Gophers running back Darius Taylor (1) runs through Illinois Fighting Illini defense

Nov 2, 2024; Champaign, Illinois, USA; Minnesota Golden Gophers running back Darius Taylor (1) runs through the Illinois Fighting Illini defense the during the second half at Memorial Stadium. / Ron Johnson-Imagn Images

Illinois took a step back against Minnesota over the weekend. The Fighting Illlini had losses against Penn State and Oregon coming into the game, but those are both teams ranked in the top ten nationally. Minnesota is not that. They have to drop down a spot.

Next Game: 11/16 vs. Michigan State

Iowa’s Nick Jackson (10) runs with the ball after intercepting Wisconsin quarterback Braedyn Locke (18) Saturday, Nov. 2, 202

Iowa’s Nick Jackson (10) runs with the ball after intercepting Wisconsin quarterback Braedyn Locke (18) Saturday, Nov. 2, 2024 at Kinnick Stadium in Iowa City, Iowa. / Julia Hansen/Iowa City Press-Citizen / USA TODAY NETWORK via Imagn Images

The Iowa Hawkeyes look like a completely different team this season. The Iowa offense dismantled Wisconsin in a 42-10 rout over the Badgers.

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Next Game: 11/8 at UCLA

The Michigan Wolverines are what they are. The can run the ball effectively, but once they go down two possessions, the game is over. The Wolverines can beat up on the bad teams but have no chance against a really good team. They have 6-6 written all over them.

Next Game: 11/9 at Indiana

Is No. 9 too high for Washington after beating a struggling USC team? They are an even 3-3 in Big Ten play. The rest of the conference have been very underwhelming so the Huskies are at No. 9 for now.

Next Game: 11/9 at Penn State

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The fall from grace. The Cornhuskers have lost three straight and are in danger of falling out of the top ten. They still have not clinched a bowl game berth, so keep an eye on that as Nebraska looks to snap their 8-year bowl game drought.

Next Game: 11/16 at USC

Dropped from Rankings: Wisconsin Badgers

MORE: Chicago Bears’ Matt Eberflus on Caleb Williams’ Injury in Loss to Arizona Cardinals

MORE: Detroit Lions Receiver Amon-Ra St. Brown Goes Viral, Wears ‘Green Bay Sucks’ Hoodie

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MORE: USC Trojans Recruiting: Five-Star Julian Lewis Setting Records, Potential Flip?

MORE: What Washington Huskies Coach Jedd Fisch Said After Upset Win Over USC Trojans

MORE: USC Trojans Upset By Washington Huskies: ‘Unacceptable’ Says Lincoln Riley

MORE: USC Trojans’ Lincoln Riley Defends USC After Washington Loss: Close To ‘Frickin’ Unbelievable’

MORE: USC Trojans Recruiting: Five-Star Julian Lewis Setting High School Records, Potential Flip?

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MORE: USC Trojans Battling Notre Dame for Top-100 Linebacker Recruit Madden Faraimo

MORE: USC Trojans Losing QB Commit Julian Lewis To Deion Sanders’ Colorado Buffaloes?



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List: What to do in the Washington DC area, Nov. 4-10

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List: What to do in the Washington DC area, Nov. 4-10


We share the best things to do every weekend in The Weekend Scene newsletter – it’s completely free to subscribe!

Election Day might be the only thing on your mind, but another weekend will be here before you know it.

If election night watch parties are your thing, we have options with pun-filled menus and drink specials.

If you’re feeling some stress around the election, here’s where to calm down — or let it out — and why it works.

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And don’t forget to get yourself a little treat after voting! Here are details on rideshare, food and drink deals in the D.C. area.

Here’s what else to do this week in the Washington, D.C. area.

What to do in Washington, D.C.

Spanish immersion pupusa class (Weds.) and pupusas and cocktails class (Thurs.): El Tamarindo at 1785 Florida Ave. NW, $60

Washingtonian’s Whiskey, Wine & Fine Spirits Festival: Thurs., 6:30 p.m., Dock5 at Union Market, $80

HBCU First LOOK Film Festival: Fri. to Sun., Howard University Blackburn Center, $15 – $30

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Czech Christmas Market: Sat., Embassy of Czechia in Northwest D.C., free but timed ticket required

Day of the Dead exhibit: El muerto al pozo y el vivo al gozo: Open to general public Nov. 4-27, Mexican Cultural Institute (2829 16th St NW), free

Side Yards: Fri., 5:30-8:30 p.m., The Yards Park, free

Eastern Market November Fest: Sat. and Sun., 9 a.m. to 5 p.m., free

Veteran Comedy Night: Sat., doors at 7 p.m., Penn Social (801 E St. NW), $10-$20

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Day Of The Dead Masquerade Embassy Gala: Sat., 8:15 to 11:45 p.m., The Mexican Cultural Institute, $139

El Tamarindo’s National Pupusa Day celebration: Sun., 10 a.m. to 4 p.m., 1785 Florida Ave. NW, free


What to do in Maryland

Martin Lawrence: Thurs., Fri. and Sat., The Theater at MGM National Harbor, 

Illusions by Vick as Professor Snape: Sat., 11 a.m. and 1 p.m., Arts Barn in Gaithersburg, $10

61st Annual Danish Christmas Bazaar: Sat., 11 a.m. to 3 p.m., Saint Elizabeth’s Church (917 Montrose Road, Rockville), free (cash and check only for purchases)

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National Harbor Holiday Tree Lighting & Fireworks: Sat., 5:30 p.m., free

Commanders vs. Steelers: Sun., 1 p.m., Northwest Stadium in Landover

Holiday Movies on the Potomac – “Elf”: Sun., National Harbor, free


What to do in Virginia

Great Country Farms Dino Fest: Oct. 31 to Nov. 24, Bluemont, Virginia, $29.99 plus fees in advance, $32 at the gate

31st Annual Northern Virginia Christmas Market: Fri. to Sun., Dulles Expo Center in Chantilly, $9 (free for kids 12 and under)

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Reston Town Center Ice Skating Rink: Opens Fri.

Winter Walk of Lights: Nov. 8 to Jan. 5, Meadowlark Botanical Gardens in Vienna, $18-$22


Coming up soon

Winter Lights’ Sip & Sparkle: Sun., 6-9 p.m., Seneca Creek State Park in Gaithersburg, $35 per person ($20 if not participating in tastings)

National Gallery Nights: To the District, with Love: Ticket lottery open now for the Nov. 14 event





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