New Chinese Premier Li Qiang had his first press conference today as China's premier, and tried to send some positive signals about economic development, the private sector and the U.S.-China relationship.

China’s banking and insurance regulator has recently imposed nearly 400 million yuan fines on five banks, including the Chinese unit of UK lender Standard Chartered Bank, for various violations of laws and regulations.

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

Facing increasingly restricted access to advanced technology through export controls, investment screening and other measures, the Chinese government recently issued several measures to encourage foreign investment in research and development (R&D) and attract talented people.

The Chinese government has sped up regulatory approval on foreign financial service business in recent months, after an official vowed last year to do more to "attract more outstanding international companies and talents to China's capital market."

Last week, South Dakota Governor Kristi Noem and some legislators announced proposed legislation to restrict foreign purchases of agricultural land in South Dakota, with Chinese purchases as the main focus.

At a meeting of the European Parliament's Committee on International Trade, Noah Barkin, the managing editor with Rhodium Group and visiting senior fellow at the German Marshall Fund, talked about the recent trends of European business in China, and Adeline Hinderer, the head of Unit Far East from