Chinese Foreign Investment

In an opinion issued last week, a U.S. court ruled against Nigeria's motion to dismiss a lawsuit by a Chinese company trying to enforce an international investment arbitration award.

A bicameral, bipartisan group of members of Congress has introduced legislation to "protect America’s agricultural industry from improper foreign investment," with Chinese farmland purchases as a key target.

The Republican Governor of Virginia has blocked a potential investment by Ford Motor Co. and China’s Contemporary Amperex Technology Co. Ltd (CATL) in a battery factory in Virginia. Michigan is still being considered as a location for this investment.

In a piece about a forthcoming law journal article, several Australian professors provide an overview of developments related to government screening of Chinese foreign investments around the world, focusing on the political, economic, and legal implications.

In late December, the Zimbabwe government adopted measures to encourage Chinese lithium mining companies to do more processing in Zimbabwe, rather than simply export raw lithium for processing elsewhere.

Last week, South Dakota Governor Kristi Noem and some legislators announced proposed legislation to restrict foreign purchases of agricultural land in South Dakota, with Chinese purchases as the main focus.

A Chinese company's plan to build a corn-milling plant in North Dakota was reviewed by the Committee on Foreign Investment in the United States (CFIUS) due to national security concerns. CFIUS determined earlier this week that the transaction was not covered by the terms of the statute, and the investment