Total 31 Posts
U.S. Congress CCP Select Committee Holds Hearing on Economic Issues
The recently created "Select Committee on the CCP" in the U.S. House of Representatives held a hearing last week on "Leveling the Playing Field: How to Counter the CCP's Economic Aggression."
Congresswoman Raises Concerns about Chinese Takeover of U.S. Education Company
A Republican Congresswoman wrote to President Biden and Treasury Secretary Yellen last week with concerns about a Chinese private equity firm's acquisition of a U.S. educational company that serves military personnel and therefore has data on them.
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
CFIUS/UK Authorities Approve Chinese Purchase of Pharmaceutical Company
Nine months after reports of a security review by U.S./UK investment screening officials, the acquisition by a company with Chinese links of a U.S./UK pharmaceutical company has been approved by both governments.
U.S. Senate Committee Hearing Addresses Chinese Land Purchases
At a U.S. Senate hearing yesterday, several Senators raised concerns about Chinese purchases of U.S. farmland, and proposed expanding the role of the Committee on Foreign Investment in the United States (CFIUS) in reviewing these transactions.
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.
U.S. Legislation Introduced To Provide CFIUS Review of Foreign Investment Near Military Bases
Members of Congress in both the House and the Senate have introduced legislation to block China and other adversaries from purchasing land near U.S. military bases.