Chinese Foreign Investment
Total 66 Posts
The state of Michigan has offered a Chinese electric vehicle battery manufacturer a package of subsidies in order to attract an investment in battery-making facilities.
In a letter sent to several Biden administration officials, Representative Carlos Gimenez (R-FL) led a group of 51 Republicans in raising concerns over "the recent acquisition of farmland near a U.S. military installation by a Chinese-based manufacturer with close links to the Chinese Communist Party (CCP)."
Senator Tom Cotton (R-AR) is pressing the Biden Administration on a possible Energy Department loan to support a U.S. lithium mine investment by a company with ties to Chinese lithium company Ganfeng.
Florida Governor Ron DeSantis has announced several actions related to the activities of Chinese companies in Florida, including on data practices and land purchases.
Last week, the Biden administration issued an Executive Order that clarifies and refines the enforcement of investment screening by the Committee on Foreign Investment in the United States (CFIUS). While the Biden administration made efforts to insist that China was not the target, there was a widespread sense that China