Legislation introduced in the U.S. Senate would expand the scope for reviewing Chinese investments in the United States to include all real estate purchases that are for the purpose of establishing a business, and, at least formally, ties this new restriction to the Belt and Road Initiative (BRI).

Last week, there were two new developments in the lawsuit filed by a group of Chinese citizens, along with a real estate brokerage firm that primarily serves clients of Chinese descent, in U.S. federal court to challenge a Florida law that discriminates against Chinese citizens in real estate purchases.

And they agreed to resolve issues through consultations.

At a hearing today on "Countering China: Advancing U.S. National Security, Economic Security, and Foreign Policy," the U.S. Senate Committee on Banking, Housing, and Urban Affairs talked with several Biden administration officials about a wide range of issues, including the export licenses issued by the Commerce

A new lawsuit in U.S. federal court challenges a Florida law that restricts real estate purchases from several nations, but is particularly harsh with respect to people from China.

At a Senate Appropriations Committee hearing yesterday on the Fiscal Year 2024 Budget Request, which focused on "Investing in US Security, Competitiveness, and the Path Ahead for the U.S.-China Relationship," Senators discussed several China-related issues with key Biden administration cabinet officials.

A Republican Congresswoman wrote to President Biden and Treasury Secretary Yellen last week with concerns about a Chinese private equity firm's acquisition of a U.S. educational company that serves military personnel and therefore has data on them.