'Kudlow' praises Biden for sounding alarm on doing business with Chinese-owned businesses. So, as we know, last Friday the communist government of China put out a new list of sanctioned Americans, presumably in response to the Biden State Department's warning for US companies about emerging risks in conducting business with China. As I’ve said before, when the Bidens do something good we praise them and that business and investment message is a good thing. By the way, it continues the trend begun by my friend, former NSC Director Robert O’Brien, and myself when we kept the Federal Retirement Thrift Savings Plan from investing in China because Chinese companies have a history of fraud and do not meet SEC public accounting standards.