US Legislation
Total 135 Posts
China Criticizes U.S. CHIPS Act, Questioning WTO-Consistency
As President Biden signed the CHIPS Act of 2022 yesterday, Chinese government officials and trade associations expressed their opposition to specific aspects of the law, calling it an example of "US’s practice of economic coercion" and raising questions as to whether it is consistent with WTO rules.
Senate Legislation Introduced to Prevent Members of CCP from Buying U.S. Land
Two Republican Senators have introduced legislation that would prohibit members of the Chinese Communist Party from purchasing land in the United States.
U.S. Senate Bill Would Sanction Facilitation of Russian Oil/Gas Shipments to China
Last week, U.S. Senators Marco Rubio (R-FL), Rick Scott (R-FL), and Kevin Cramer (R-ND) introduced a bill that would sanction insurers/registrars of ships sending oil from Russia to China.
Senate Passes CHIPS Act, Puts Limits on Production in China
U.S. legislation to subsidize semiconductor production has passed the Senate, and will now go the House. A key provision imposes limits on production in China for subsidy recipients.
Rubio Offers CHIPS Act Amendments Targeting China
As part of the ongoing U.S. legislative debate over the CHIPS Act of 2022, a piece of legislation that would, among other things, provide over US$50 billion to the domestic semiconductor industry, Senator Marco Rubio (R-FL) has introduced three amendments that would "address critical errors and omissions
Congressional Republicans Introduce Bills To Stop Federal Investment in Blacklisted Chinese Firms
Several Republican U.S. Senators and Representatives have introduced legislation to prohibit federal government funds from going to blacklisted Chinese companies.
House Defense Bill Amendment Adds Reporting Requirements for Chinese Investment Firms Raising Capital in the U.S.
Last week, the U.S. House of Representatives voted to adopt an amendment led by Congressman Brad Sherman (D-CA) as part of the annual defense bill, which would require that "China-based issuers of certain unregistered securities provide basic information about themselves to the U.S. Securities and Exchange Commission