CFIUS
Total 42 Posts
Senator Cramer Comments on Chinese Investment in North Dakota
In a recent TV interview, Senator Kevin Cramer (R-ND) weighed in on the continuing controversy over a planned investment by a Chinese company in North Dakota.
U.S. Senators Request CFIUS Review of Chinese Company's Purchase of North Dakota Land
Citing national security concerns, three U.S. Senators are requesting that the Committee on Foreign Investment in the United States (CFIUS) review Chinese food manufacturer Fufeng Group’s purchase of roughly 370 acres of land near the Grand Forks Air Force Base in North Dakota.
House GOP Leaders Continue Push on TikTok Data Issues
U.S. House Republican Committee leaders today sent two letters related to TikTok, one calling on the Biden administration "to step up to hold [TikTok] accountable," and the other "to demand answers from TikTok leadership."
Republican Senators Raise Concern about Proposed Chinese Acquisition of Forbes
Four Republican Senators sent a letter to Treasury Secretary Janet Yellen yesterday in order to raise concerns about "the proposed acquisition of Forbes by an entity linked to the Chinese Communist Party," and urging a CFIUS investigation.
Chinese Investment in Corn-Milling Plant in North Dakota May Get CFIUS Scrutiny
A Chinese company's plan to build a corn-milling plant in North Dakota has led to objections from local residents and members of Congress, and could be subject to a CFIUS review in order to alleviate concerns about national security.
Republican Senators Urge CFIUS Review of Chinese Acquisition of U.S. Semiconductor Company
Last week, five Republican Senators sent a letter to U.S. Department of Treasury Secretary Janet Yellen urging the Department to conduct a Committee on Foreign Investment in the United States (CFIUS) review of Chinese-funded Alphawave IP Group’s intent to acquire U.S.-based semiconductor IP developer OpenFive, "
U.S. Treasury Nominee for Investment Security Position Weighs In on China Issues
At a Senate hearing last week on the nomination of Paul Rosen to be Assistant Secretary of the Treasury for Investment Security, there was some discussion of the U.S. investment screening process as it relates to China, and Rosen emphasized that he takes the threat from China seriously.