At yesterday's press conference, the spokesperson for China's Ministry of Commerce (MOFCOM) commented on the recent U.S. executive order that restricts outbound investment in China, and provided updates on the ongoing trade barrier investigation against Taiwan and China's export controls on gallium and germanium.

On July 31, the Committee on Foreign Investment in the United States (CFIUS), an interagency body that reviews certain transactions involving foreign investment in the United States to determine the effect on national security, released its annual report to Congress for 2022.

China's commerce officials revealed more data on China's trade and investment over the first half of 2023 at a recent press conference.

Key members of Congress continue to push automaker Ford on an agreement it reached with Chinese company Contemporary Amperex Technology Co., Limited (CATL) to work together on a Michigan battery factory.

The Committee on Foreign Investment in the United States (CFIUS) -- an interagency taskforce overseen by the Department of the Treasury -- has determined that Chinese company Gotion's proposed battery facility in Michigan is not a covered real estate transaction or purchase, and can move forward.

In late May, a group of Chinese citizens filed a lawsuit challenging a Florida law that discriminates against Chinese citizens in real estate purchases, and then in early June they asked for a preliminary injunction enjoining the state of Florida from implementing and enforcing the law. The Biden administration has

Legislation introduced in the U.S. Senate would expand the scope for reviewing Chinese investments in the United States to include all real estate purchases that are for the purpose of establishing a business, and, at least formally, ties this new restriction to the Belt and Road Initiative (BRI).