Foreign Investment in China
Total 23 Posts
Senator Marco Rubio (R-FL) sent a letter to the Chairman of the Federal Retirement Thrift Investment Board (FRTIB), Michael Gerber, as part of his continued push to keep U.S. federal retirement savings from being invested in certain companies in China.
China's Ministry of Finance (MOF) has imposed its first cross-border penalty for financial fraud on Malaysian listed company Lambo Group Berhad's subsidiary in China.
China's Commerce officials recently touted China's development in trade and foreign investment in the first four months of 2022, including that private companies' share in international trade increased to 58.5%, and there was a 26% rise of foreign investment, despite the economic slowdown caused by COVID-related lockdowns. They also
China's Ministry of Commerce recently revealed some information on the upcoming Summit focusing on supply chains, green and low-carbon transformation, and intellectual property protection.
As we reported in mid-April, three Republican U.S. Senators sent a letter to four of President Biden’s nominees to serve on the Federal Thrift Retirement Investment Board, requesting that they "commit to withholding the retirement savings of U.S. service members and other federal employees from Chinese firms
As new U.S. rules are being debated on investment screening of outbound investment destined for China, a recent statement by a German minister may suggest action there as well, although the issue has not progressed as far in Germany. In remarks reported by Reuters [https://www.reuters.com/world/
April data released by China's Ministry of Commerce shows that foreign investment in China grew steadily between January and April this year. In the meantime, however, a negative forecast for foreign investment in China looms.