Florida Law Blocks Real Estate Purchases by People from China, Other Countries of Concern
The state of Florida has enacted a law with broad restrictions on government officials and individuals from certain countries, including China, purchasing real estate.
Industry Report: China Gave US$1.75 Billion in Subsidies to Semiconductor Sector
According to a Chinese industry report, the Chinese government provided a total of 12.1 billion yuan (US$1.75 billion) to 190 domestically listed firms in the semiconductor supply chain, with over 40% going to ten companies. In the meantime, these companies are also spending a lot on R&
New CRS Report Points To China's Engagement with AfCFTA
A new report from the Congressional Research Service (CRS) on the African Continental Free Trade Area (AfCFTA) highlights concerns over China's growing engagement with Africa in relation to this new agreement.
U.S. Treasury Department Proposes Rule Change on Foreign Investment in U.S. Real Estate
In a regulatory update that appears to respond to controversy over a planned Chinese investment in a corn wet milling plant in Grand Forks, North Dakota, the U.S. Treasury Department is proposing to add eight new military bases to a list that restricts foreign investment in U.S. real
Chinese Battery Company Plans Investment in Sweden
Chinese battery company Putailai New Energy Technology (PTL) announced that it will build a facility in Sweden to be part of the battery production supply chain in the region.
Members of Congress Press U.S. Government, Companies on Xinjiang Labor Practices
Last week, various members of Congress raised the issue of labor rights abuses in the supply chains of SHEIN and several and other companies, writing to both U.S. government agencies and the companies themselves.
EU States Concerned about Dependence on China for Pharma Inputs
Last week, a group of European Union member states issued a paper raising concerns about medicine shortages, and in that context criticizing dependence on China for inputs used in those products.