Simon Lester
New Paper Reports on Latest BRI Figures and Trends
A recent paper published by a Chinese university sets out BRI data for the first half of 2022, finding that the overall figures for BRI projects remained at a stable level compared to 2021, with some interesting shifts in terms of the countries and regions involved.
Congressional Republicans Introduce Bills To Stop Federal Investment in Blacklisted Chinese Firms
Several Republican U.S. Senators and Representatives have introduced legislation to prohibit federal government funds from going to blacklisted Chinese companies.
UK Government Blocks University from Licensing Vision-Sensing Technology to Chinese Company
Last week, the UK Department for Business, Energy & Industrial Strategy published a notice of final order that, based on national security concerns, blocked a Chinese company from licensing vision sensing technology from a UK university.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Fine on Didi for data use and security violations
* Cross-border penalty on a Malaysian subsidiary for financial fraud
* Extension of anti-dumping duties on synthetic fibers
* Allowing peanut imports from Brazil
In the United States:
* New 5G network agreements
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
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.