Total 22 Posts

North Dakota Governor Urges Expedited CFIUS Review of Chinese Investment

Last week, North Dakota Governor Doug Burgum sent a letter to U.S. Treasury Secretary Janet Yellen and U.S. Defense Secretary Lloyd Austin asking that the Committee on Foreign Investment in the United States (CFIUS) "conduct an expedited review of Fufeng Group’s recent purchase of land in Grand

Senator Cramer Comments on Chinese Investment in North Dakota

In a recent TV interview, Senator Kevin Cramer (R-ND) weighed in on the continuing controversy over a planned investment by a Chinese company in North Dakota.

U.S. Senators Request CFIUS Review of Chinese Company's Purchase of North Dakota Land

Citing national security concerns, three U.S. Senators are requesting that the Committee on Foreign Investment in the United States (CFIUS) review Chinese food manufacturer Fufeng Group’s purchase of roughly 370 acres of land near the Grand Forks Air Force Base in North Dakota.

House GOP Leaders Continue Push on TikTok Data Issues

U.S. House Republican Committee leaders today sent two letters related to TikTok, one calling on the Biden administration "to step up to hold [TikTok] accountable," and the other "to demand answers from TikTok leadership."

Republican Senators Raise Concern about Proposed Chinese Acquisition of Forbes

Four Republican Senators sent a letter to Treasury Secretary Janet Yellen yesterday in order to raise concerns about "the proposed acquisition of Forbes by an entity linked to the Chinese Communist Party," and urging a CFIUS investigation.

Chinese Investment in Corn-Milling Plant in North Dakota May Get CFIUS Scrutiny

A Chinese company's plan to build a corn-milling plant in North Dakota has led to objections from local residents and members of Congress, and could be subject to a CFIUS review in order to alleviate concerns about national security.

Republican Senators Urge CFIUS Review of Chinese Acquisition of U.S. Semiconductor Company

Last week, five Republican Senators sent a letter to U.S. Department of Treasury Secretary Janet Yellen urging the Department to conduct a Committee on Foreign Investment in the United States (CFIUS) review of Chinese-funded Alphawave IP Group’s intent to acquire U.S.-based semiconductor IP developer OpenFive, "a
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