CFIUS Annual Report Offers Data on Reviews of Chinese Investment in U.S.
Last week, the Committee on Foreign Investment in the United States (CFIUS), an interagency body that reviews certain transactions involving foreign investment in the United States to determine the effect on national security, released its annual report to Congress for 2024.
In Retaliatory Move, China Sanctions Two EU Banks
China's Ministry of Commerce today announced sanctions against two European Union banks, both headquartered in Lithuania. The move comes as direct retaliation after the EU sanctioned two Chinese financial institutions last month as part of its 18th package of sanctions against Russia.
Treasury Secretary Bessent Comments on State of China-U.S. Trade
In an interview yesterday, U.S. Treasury Secretary Scott Bessent weighed in on several key U.S.- China trade issues: rebalancing of the Chinese economy, a possible Xi-Trump meeting, rare earth export controls, fentanyl tariffs, and the idea of Chinese investment in the U.S. as a way to
China Extends Beef Import Investigation
On August 6, China's Ministry of Commerce extended its safeguard investigation into beef imports, a move that comes as the government faces a large volume of submissions and complex issues in the case.
China Imposes Anti-Dumping Duties on Canadian Canola, Citing Particular Market Situation
Today, China's Ministry of Commerce (MOFCOM) announced preliminary anti-dumping duties on canola seed imports from Canada, accusing the Canadian government of subsidizing its agricultural sector and distorting the market.
U.S., China Agree To Extend Tariff Pause
Yesterday, China and the U.S. agreed to extend the pause in the tariff escalation that had resulted from the Trump administration's "reciprocal tariffs," with the result of the pause being that the existing tariff situation will remain in place until November 10 as negotiations continue.
Nvidia Chips Face Scrutiny in China
Even with U.S. export approval, Nvidia’s H20 chips face a challenging market in China, where they are now under strict security scrutiny from Beijing.