Chinese Foreign Investment
Total 261 Posts
Biden Extends National Emergency With Respect to Threat From Securities Investments that Finance Chinese Companies
In a notice posted yesterday
[https://www.whitehouse.gov/briefing-room/statements-releases/2021/11/09/notice-on-the-continuation-of-the-national-emergency-with-respect-to-the-threat-from-securities-investments-that-finance-certain-companies-of-the-peoples-republic-of-china/]
, President Biden decided to continue for 1 year
U.S. Senators Introduce New Bill to Broaden CFIUS
On November 2, Senators Marco Rubio (R-FL) and Raphael Warnock (D-GA) introduced
a bill to expand the jurisdiction of the Committee on Foreign Investment in the
United States (CFIUS) to review foreign investments where sensitive personal
information is involved.
The bill, S. 3130
[https://www.congress.gov/bill/
Senator Introduces Bill To "Increase Scrutiny over Chinese Investments on U.S. Soil"
Senator John Kennedy (R-LA) has introduced the Exposing China’s Belt and Road
Investment in America Act of 2021
[https://www.kennedy.senate.gov/public/_cache/files/7/7/7761c7c8-1f5b-4b82-b32e-59d86cee0f9a/9C39928D30260C3333F460C163265018.ros21g09.pdf]
, which he said
[https://www.kennedy.senate.gov/public/2021/10/kennedy-
USITC Report on Caribbean Trade Offers Insights on Chinese Investment in the Region
On September 30, the U.S. International Trade Commission (USITC) issued its
25th
report on the Caribbean Basin Economic Recovery Act (CBERA)
[https://usitc.gov/publications/332/pub5231.pdf], a U.S. program "intended to
encourage economic growth and development in the Caribbean Basin countries by
promoting increased production
CFIUS and Korean Government Finishing up Security Review of Chinese Purchase of Korean Semiconductor Company
Based on a review by the Committee on Foreign Investment in the United States
(CFIUS), President Biden may soon issue a decision to block the purchase of a
South Korean semiconductor company by a Chinese equity fund due to national
security concerns, although the outcome is still uncertain at this
Chinese Telecom Company Challenges Order to Divest Its Canadian Investment
The telecom company China Mobile International (CMI) has filed a legal challenge
to a Canadian government order, issued on the basis of national security
concerns, that it sell off or wind down its Canadian investments. Government
reviews based on security concerns tend to be highly confidential, with little
information available
Australia Foreign Investment Review Board Report Offers Data on Chinese Investment Transactions
The Australian Foreign Investment Review Board recently released its annual
report
[https://firb.gov.au/sites/firb.gov.au/files/2021-06/FIRB2019-20AnnualReport.pdf]
for 2019-2020, documenting the foreign investment transactions it considered
during that period. The report offers data and explanations related to
investment coming into Australia