Simon Lester

BIS

Congressional Hearing with BIS Under Secretary Addresses Russia Sanctions, Touches on China Issues

At a recent Congressional hearing, a senior Bureau of Industry and Security (BIS) official testified and answered questions on a number of issues related to China's compliance with U.S. sanctions and its access to U.S. technology.

House Defense Bill Amendment Adds Reporting Requirements for Chinese Investment Firms Raising Capital in the U.S.

Last week, the U.S. House of Representatives voted to adopt an amendment led by Congressman Brad Sherman (D-CA) as part of the annual defense bill, which would require that "China-based issuers of certain unregistered securities provide basic information about themselves to the U.S. Securities and Exchange Commission

Yellen Speech in S. Korea Touches on China Trade Concerns

In a speech in South Korea on July 18, U.S. Treasury Secretary Janet Yellen explained various aspects of the Biden administration's views on trade policy.

UK Parliament Discussions Raise China Forced Labor, Security Issues

Last week, the UK Parliament had separate discussions of two big issues related to China trade, forced labor and security, in which members of Parliament raised concerns and called for action.

Congress Presses Biden Administration on Use of DJI Drones

At a recent U.S. Senate hearing, two Republican Senators pressed Biden administration officials on their Departments' use of Chinese-made drones.

Biden Administration Pushes 5G Cooperation with Saudi Arabia; China Responds

During his recent trip to the Middle East, President Biden announced a new arrangement under which Saudi Arabia "will invest in new U.S.-led technology to develop and secure reliable 5G and 6G networks, both here and in the future, in developing countries to coordinate with the Partnership

Australian Treasurer Comments on Chinese Coal Import Restrictions; China Responds

A possible easing of tensions in China-Australia relations continues, as reports suggest that China is set to lift a ban on Australian coal. When asked about the possibility, the Australian Treasurer called it a "welcome step" but noted that it had "not yet been officially confirmed."
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