The bills amount to a $95 billion aid package in total.

The House on Saturday passed a $95 billion aid package that includes two long-awaited bills with $60.8 billion of Ukraine aid and $26 billion in aid to Israel.

The Ukraine bill, which passed with 311 votes in favor, 112 votes against, and one present, will now head to the Senate alongside the Israel aid bill and two others — one with aid for Taiwan and another that forces Tiktok’s parent company to sell it.

  • @[email protected]
    21•7 months ago

    Anything from China is anything but free market. Chinese companies are still owned by the state who practice state capitalism.

    • @[email protected]
      10•7 months ago

      That’s not true at all. China has state owned businesses and private owned businesses. You think the Boeing and Microsoft locations in China are owned by the CCP?

      • @[email protected]
        11•7 months ago

        If you’re being pedantic, you’re right, but Chinese companies are still Chinese state-owned-- which Tiktok is.

                • @[email protected]
                  1•7 months ago

                  You’ve seemed to have lost any coherent point in what you’re saying. Step back everyone, this person hates facts and knows it! What a badass.

                  • @[email protected]
                    1•7 months ago

                    Tell me more commie.

                    In the last several years, particularly under Xi Jinping’s rule, there has been an even greater attempt by the political leadership to increase their control over the private sector, reduce its political influence, and ensure its loyalty to the system. This has included expanding the reach of national security policies and regulations. For example, the adoption of the National Intelligence Law in 2017 requires all firms in China to accede to government demands to provide information and data as authorities deem necessary to protect China’s national security. It has also meant using carrots, such as providing industrial policy opportunities to private firms, and sticks, such as the regulatory crackdown on private Internet firms that started in late 2018 and recently concluded. Finally, the CCP has also stepped up efforts to directly influence the corporate governance of private firms, in some cases taking “golden shares” in companies, pushing private firms to form CCP branches (see Figure 3), and integrating firms into the burgeoning “corporate social credit system” (CSCS).

                    https://bigdatachina.csis.org/can-chinese-firms-be-truly-private/

            • @[email protected]
              1•7 months ago

              It will never cease to amaze me that people can have the full power of the Internet at their fingertips and have the wherewithal to not look something up before saying something stupid.

              • @[email protected]
                2•7 months ago

                Of course you’d deny.

                In the last several years, particularly under Xi Jinping’s rule, there has been an even greater attempt by the political leadership to increase their control over the private sector, reduce its political influence, and ensure its loyalty to the system. This has included expanding the reach of national security policies and regulations. For example, the adoption of the National Intelligence Law in 2017 requires all firms in China to accede to government demands to provide information and data as authorities deem necessary to protect China’s national security. It has also meant using carrots, such as providing industrial policy opportunities to private firms, and sticks, such as the regulatory crackdown on private Internet firms that started in late 2018 and recently concluded. Finally, the CCP has also stepped up efforts to directly influence the corporate governance of private firms, in some cases taking “golden shares” in companies, pushing private firms to form CCP branches (see Figure 3), and integrating firms into the burgeoning “corporate social credit system” (CSCS).

                https://bigdatachina.csis.org/can-chinese-firms-be-truly-private/

    • @[email protected]
      10•7 months ago

      Free market for me but not for thee.

      Yes, there is a trade war.

      Don’t be naive about NSA and US propaganda/surveillance.

      • @[email protected]
        8•7 months ago

        There doesn’t need to have NSA propaganda when China themselves say they are state capitalists and allow billionaires to flourish.