U.S. Legislation Introduced on Chinese Compliance with OECD Export Credit Rules
A Republican Congressman has introduced legislation that would push the Biden administration to negotiate rules to limit China's use of a certain kind of export subsidy.
Two U.S. Senators Push Treasury Secretary on TikTok Issues
In a letter sent last week, U.S. Senators Richard Blumenthal (D-CT) and Jerry Moran (R-KS) wrote to Treasury Secretary and Committee on Foreign Investment in the United States (CFIUS) Chair Janet Yellen about concerns with TikTok.
The New Normal of U.S.-China Relations: Complex and Varied State Laws Have A Bigger Role To Play
As the Biden administration and Congress are debating and forming new China-related policies at the federal level, including policies on outbound investment to China and on government procurement, the stances of individual states on trade and investment with China are playing a bigger role these days and deserve greater attention.
U.S. Senators Introduce Legislation to Restrict Chinese Drone Purchases
A bipartisan group of Senators has introduced legislation that would restrict purchases of drones from China and other countries considered to be national security threats.
Chinese Southern City Guangzhou Rolls Out US$29 Billion Funds for Tech Investment
Guangzhou, the capital of Guangdong province, recently announced two investment funds that would incentivize innovation and industrial development in semiconductors, advanced manufacturing, and other emerging industries.
China's Banking Regulator Fines Standard Chartered and Four Other Banks
China’s banking and insurance regulator has recently imposed nearly 400 million yuan fines on five banks, including the Chinese unit of UK lender Standard Chartered Bank, for various violations of laws and regulations.
U.S. Justice and Commerce Departments Announce Creation of "Disruptive Technology Strike Force"
Last week, the U.S Justice and Commerce Departments announced the launch of the "Disruptive Technology Strike Force," which will ratchet up enforcement of existing laws that are designed to prevent advanced technologies being "acquired or used by nation-state adversaries."