Foreign Investment in China

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 DG Trade

Last week, two Republican members of Congress introduced legislation that they say would "force non-profits, university endowments, public pension plans, and any other tax-exempt entity to divest from Chinese companies or lose their tax-exempt status."

As data on China's manufacturing and service sectors shows a contraction in November, its future as a manufacturing giant and foreign business destination may depend on whether the government can walk a fine line between safeguarding its people's health and safety while resuming most business and consumer activities.

Yesterday, three Chinese government agencies outlined 17 measures for different sectors and regions to "revive" the industrial sector of the economy, including the use of government funds to expand investment, and policies to stabilize foreign investment and exports. This came at a time when China faces economic pressures from dwindling

Last week, China issued the 2022 version of the Catalog of Encouraged Industries for Foreign Investment, with a goal of strengthening the supply chain and accelerating technology upgrades in chipmaking, biomass technology, and pharmaceutical manufacturing.

China's planning agency released a series of measures to support foreign investment in key sectors, including advanced manufacturing and modern services.