Simon Lester

Republican Senators Push To Keep Federal Employee Retirement Savings from Chinese Firms that Undermine U.S. National Security

U.S. Senators Marco Rubio (R-FL), Tommy Tuberville (R-AL), and Tom Cotton (R-AR) sent a letter to four of President Biden’s nominees to serve on the Federal Thrift Retirement Investment Board, requesting that they "commit to withholding the retirement savings of U.S. service members and other federal

Australian Foreign Investment Review Board Report Offers Latest Data on Chinese Investment Transactions

The Australian Foreign Investment Review Board recently released its annual report covering 2020-2021, documenting the foreign investment transactions it considered during that period. The report offers data related to investment coming into Australia from China.

UK Parliament Discusses Acquisition of Welsh Semiconductor Factory by Chinese Company, Security Review Underway

In the UK House of Lords last week, a question was raised regarding the acquisition of the Newport Wafer Fab, a semiconductor factory in Wales, by the Chinese-owned technology company Nexperia. In response, the UK government has made clear that a national security review of the transaction is underway.

U.S. Senators Introduce "China Trade Cheating Restitution Act"

Recently, a bipartisan group of Senators introduced the China Trade Cheating Restitution Act to address an issue with the payment to domestic industries of certain anti-dumping duties collected on Chinese imports.

EU Imposes Anti-Dumping Duties on Graphite Electrodes from China

Last week, the European Commission adopted definitive anti-dumping duties on imports of graphite electrodes from China. The duties range from 25.5% to 74.9%.

U.S. Treasury Nominee for Investment Security Position Weighs In on China Issues

At a Senate hearing last week on the nomination of Paul Rosen to be Assistant Secretary of the Treasury for Investment Security, there was some discussion of the U.S. investment screening process as it relates to China, and Rosen emphasized that he takes the threat from China seriously.

CTM Weekly Newsletter

This past week, CTM covered the following issues: * Chinese regulatory developments related to antitrust enforcement and financial audits; SPS measures on imports; and multiple Chinese trade measures and practices discussed at the WTO. * New U.S. sanctions legislation, Congressional hearings on China's role in Latin America and the
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