Chinese Foreign Investment
Total 238 Posts
Ford To Open Battery Factory in Michigan, With Technology from CATL
After Virginia abandoned its efforts to lure an investment by Ford to open a battery plant that would have licensed technology from Chinese company CATL, Michigan announced that it had reached an incentive agreement with Ford that would bring the factory there.
U.S. House Committee Holds Hearing on Chinese Economic Threats
The U.S. House of Representatives Financial Services Committee held a hearing yesterday on "Combatting the Economic Threat from China." Issues that were discussed at the hearing included: bilateral trade, outbound and inbound investment related to China, Chinese lending, TikTok, and China's presence in Latin American
Members of U.S. Congress Introduce Legislation Restricting Farmland Purchases Associated with Chinese Government
A group of Republicans in the U.S. House of Representatives has put forward a new effort to restrict farmland purchases associated with the Chinese government, following a number of other similar legislative efforts.
U.S. Air Force Official Warns of Security Risks of Chinese Corn Mill Investment in North Dakota
A Chinese investment in a North Dakota corn mill facility was formally approved by a U.S. federal government body last month, but there is continued political pressure to block the investment. A U.S. Air Force official has now weighed in with concerns.
U.S. Court Rejects Nigerian Sovereign Immunity Defense in Lawsuit over Arbitration Award on Chinese 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.
Legislation Introduced in U.S. Congress Would Restrict Chinese Purchases of Farmland
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.
Virginia Governor Nixes Ford/CATL Battery Factory
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.