Simon Lester
CFIUS Finds Gotion Battery Investment Not Covered Transaction
The Committee on Foreign Investment in the United States (CFIUS) -- an interagency taskforce overseen by the Department of the Treasury -- has determined that Chinese company Gotion's proposed battery facility in Michigan is not a covered real estate transaction or purchase, and can move forward.
Republican Presidential Candidates Talk Chinese Trade and Investment
In recent weeks, Ron DeSantis and Nikki Haley, two Republican presidential candidates, have discussed their positions on trade with China, with both expressing hawkish views.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* State Council document on opening up in pilot zones and free trade ports
* Li Qiang criticism of "de-risking"
* Trade cooperation with France, New Zealand, and Poland
In the U.S.:
* Biden administration files brief against Florida law restricting
New Dutch Regulations Restrict Export of Advanced Semiconductors
Today, the Dutch government announced new rules restricting exports of certain advanced semiconductor equipment, with Chinese semiconductor makers potentially hurt by the move.
Measures and Trade Concerns Related to China Discussed at March 2023 TBT Committee Meeting
At the meeting of the WTO's Committee on Technical Barriers to Trade on March 8-10, 2023, a number of WTO Members raised "specific trade concerns" (STCs) about particular Chinese measures, and China voiced its concerns with measures of other Members.
Biden Administration Sides with Plaintiffs Seeking Injunction in Florida Real Estate Restriction Case
In late May, a group of Chinese citizens filed a lawsuit challenging a Florida law that discriminates against Chinese citizens in real estate purchases, and then in early June they asked for a preliminary injunction enjoining the state of Florida from implementing and enforcing the law. The Biden administration has
China Formally Accepts WTO Agreement on Fisheries Subsidies
More acceptances needed for the agreement to become effective.