Chinese Foreign Investment
Total 212 Posts
CFIUS Finds Gotion Battery Investment Not Covered Transaction
The Committee on Foreign Investment in the United States (CFIUS) -- an interagency taskforce overseen by the Department of the Treasury -- has determined that Chinese company Gotion's proposed battery facility in Michigan is not a covered real estate transaction or purchase, and can move forward.
Biden Administration Sides with Plaintiffs Seeking Injunction in Florida Real Estate Restriction Case
In late May, a group of Chinese citizens filed a lawsuit challenging a Florida law that discriminates against Chinese citizens in real estate purchases, and then in early June they asked for a preliminary injunction enjoining the state of Florida from implementing and enforcing the law. The Biden administration has
New U.S. Legislation Would Require Scrutiny of Chinese "Greenfield" Investments
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).
Plaintiffs Seek Injunction in Florida Real Estate Restriction Case
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.
DR Congo and China Sign Deals in Investment and Digital
And they agreed to resolve issues through consultations.
U.S. Senate Committee Holds Hearing on "Countering China"
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
Chinese Citizens Sue Florida Over Real Estate Purchase Law
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.