U.S. Commerce Department Adds Seven Chinese Entities to Blacklist
Yesterday, the U.S. Commerce Department, through its Bureau of Industry and Security (BIS), added seven Chinese entities to the "Entity List" due to "activities contrary to U.S. national security and foreign policy interests, specifically for acquiring and attempting to acquire U.S.-origin items in
China Allows Imports of Soybean Meal from Zambia
China has now opened its door to imports of soybean meal from Zambia, the latest example of China seeking more trade with the African continent.
Chinese Loan Helps Huawei with Solomon Islands Contract for Communications Towers
Last week, the Solomon Islands government announced that it had signed a contract with Huawei for the construction of mobile communications towers, with US$66 million in funding for the deal coming from China's Exim Bank.
China To Waive 23 Loans for African Countries
In a speech last week, a Chinese official said that China will waive repayment of interest-free loans for 17 African countries.
UK Blocks Hong Kong Company's Takeover of Electronic Design Firm
Last week, the UK Secretary of State for Business, Energy and Industrial Strategy, Kwasi Kwarteng, issued an order that prevents the acquisition of a UK electronic design firm by a Hong Kong company, on the basis that it "is necessary and proportionate to mitigate the risk to national security.
U.S. Infrastructure Spending on Electric Buses Ramps Up, China Excluded
A U.S. federal government effort to provide more funding to state/local governments and agencies for electric vehicles is moving ahead, but Chinese companies will not be eligible.
China Opens Market to Indonesian Fresh Pineapples
China's Customs announced that it will start allowing imports of fresh pineapples from Indonesia.