Beijing has overhauled its outbound investment regime to enhance national security oversight and arm itself with stronger retaliatory legal tools. The updated regime also creates an explicit legal nexus between cross-border investments and existing data, export control, and technology transfer rules.

Last week, the European Commission announced that it had opened an in-depth Foreign Subsidies Regulation (FSR) investigation to assess the proposed acquisition by JD.com, Inc. of German firm CECONOMY AG.

As part of a broader strategy related to developing critical mineral resources, the Australian government has forced several Chinese investors out of a rare earth mining project, and at the same time is pushing ahead with similar projects financed by Western-allied governments.

In an opinion issued earlier this week, a U.S. court ruled in favor of a Trump administration order that a Chinese purchaser of a U.S. audiovisual equipment company must divest the purchase, and that a preliminary injunction appointing a receiver to handle the divestment is the appropriate relief.

At an event yesterday at the Council on Foreign Relations (CFR), U.S. Trade Rep. Jamieson Greer had a discussion with former U.S. Trade Rep. Mike Froman, who is now the President of CFR, about various aspects of U.S. trade policy. Issues related to China that came up

Chinese firm Wingtech has invoked Chinese anti-sanctions legislation to sue its Dutch subsidiaries Nexperia and five other parties in Chinese court, seeking to unwind Dutch measures that it says unlawfully stripped it of control over its semiconductor subsidiary as well as 8 billion yuan (approximately $1.2 billion) in compensation.

In advance of President Trump's trip to China this week, U.S. lawmakers are continuing to ratchet up political pressure against allowing the sale of Chinese automobiles in the U.S. They are also moving to restrict Chinese purchases of U.S. farmland.