Simon Lester

North Dakota Governor Urges Expedited CFIUS Review of Chinese Investment

Last week, North Dakota Governor Doug Burgum sent a letter to U.S. Treasury Secretary Janet Yellen and U.S. Defense Secretary Lloyd Austin asking that the Committee on Foreign Investment in the United States (CFIUS) "conduct an expedited review of Fufeng Group’s recent purchase of land in

China's Proposed Procurement Law Applies to SOEs, Could Pave Way for International Agreements

China’s Ministry of Finance (MOF) has issued proposed revisions to its Government Procurement Law (GPL) that extend the provisions to some state-owned enterprises (SOEs) and could pave the way for joining international agreements.

U.S. Senators Call for Investigation of Stock Trade Platforms with Ties to China

Five Republican Senators are calling on the Securities and Exchange Commission (SEC) to investigate two stock trading platforms because of concerns about their data sharing practices and potential access by the CCP.

CTM Weekly Newsletter

This past week, CTM covered the following issues. In China: * Meetings with Indonesia deepened trade cooperation; * China and the EU held a High-Level Economic & Trade Dialogue; * Beef imports from a U.S. company were suspended; * Anti-dumping duties on electrical steel were extended; * A new paper provides recent data on

Senate Committee Holds Confirmation Hearing for U.S. Agriculture Negotiator, Chinese Export Restrictions Related to Fertilizers Discussed

The U.S. Senate Finance Committee held a confirmation hearing today for agriculture negotiator Douglas McKalip, and during the hearing McKalip brought up the issue of Chinese restrictions on urea and similar products.

Senate Passes CHIPS Act, Puts Limits on Production in China

U.S. legislation to subsidize semiconductor production has passed the Senate, and will now go the House. A key provision imposes limits on production in China for subsidy recipients.

U.S. Senate Hearing Addresses Global Leadership and Economic Statecraft

At a Senate Foreign Relations Committee hearing today, U.S. Senators offered their views on, and asked Biden administration officials about, issues such as China's trade measures against Lithuania and telecoms competition around the world.
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