Simon Lester

CFIUS Annual Report Offers Latest Data on Reviews of Chinese Investment in U.S.

On August 2, the Committee on Foreign Investment in the United States (CFIUS), an interagency body that reviews certain transactions involving foreign investment in the United States to determine the effect on national security, released its annual report to Congress for 2021.

U.S. Senate Bill Would Sanction Facilitation of Russian Oil/Gas Shipments to China

Last week, U.S. Senators Marco Rubio (R-FL), Rick Scott (R-FL), and Kevin Cramer (R-ND) introduced a bill that would sanction insurers/registrars of ships sending oil from Russia to China.

Taiwan Has New Exchanges with Japan, Canada and Malaysia on CPTPP Bid

Over the past few days, there have been meetings and trips involving several CPTPP countries and their Taiwanese counterparts which have promoted Taiwan's CPTPP accession application.

CFIUS/UK Authorities Review Chinese Purchase of Pharmaceutical Company

An acquisition of a U.S./UK pharmaceutical company by a company with China ties is being reviewed by the Committee on Foreign Investment in the United States (CFIUS) and its UK counterpart.

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.
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