National Security
Total 194 Posts
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
Three U.S. Senators Call For Penalties Against Chinese “Internet of Things” Company
On September 9, U.S. Senators Marco Rubio (R-FL), Rick Scott (R-FL), and Tom
Cotton (R-AR) sent a letter to Treasury Secretary Janet Yellen expressing
concern about Chinese “Internet of Things” (IoT) company Tuya, and asking the
Treasury Department to add Tuya to a “Chinese Military-Industrial Complex
Companies List,” which
Multilateral Cooperation on Export Controls Is Priority, U.S. Commerce Official Says
During a hearing at the U.S.-China Economic and Security Review Commission on
September 8, a U.S. Commerce Department official said that multilateral
cooperation is more important than unilateral use of export controls, especially
in the context of the “foreign direct product rule.”
Speaking on the Administration Views
China Issues Its First Personal Information Protection Law
On August 20, China’s Standing Committee of National People’s Congress passed the nation’s first Personal Information Protection Law (个人信息保护法) (PIPL) (informal English version here). It is modeled after the Europe Union's General Data Protection Regulation, and has been called by some western media “one of
National Security and International Competition in Semiconductors: YMTC and the Commerce Department's Entity List
In a July 12 letter [http://docs.chinatrademonitor.com/mccaul-ymtc.pdf] to
Commerce Secretary Gina Raimondo, Congressman Michael McCaul (R-TX) and Senator
Bill Hagerty (R-TN) argued that Chinese semiconductor maker Yangtze Memory
Technologies Company (YMTC) should be included on the Commerce Department's
Entity List
[https://www.bis.doc.
Canadian Spy Agency Director Calls China "A Direct Threat" to National Security
Canadian Security Intelligence Service (CSIS) Director David Vigneault, during a
public speech
[https://www.canada.ca/en/security-intelligence-service/news/2021/02/remarks-by-director-david-vigneault-to-the-centre-for-international-governance-innovation.html]
on February 9, identified the Government of China as “a direct threat to our
national security and sovereignty.”
During a speech to the Centre for International Governance