Trump signs memorandum directing CFIUS to restrict Chinese investments in US
1 month ago

Trump signs memorandum directing CFIUS to restrict Chinese investments in US

Firstpost  

CFIUS, which scrutinizes foreign investment in the United States for national security risks, has already overseen a sharp decrease in Chinese investment in the United States President Donald Trump signed a memorandum on Friday directing the Committee on Foreign Investment in the United States to restrict Chinese investments in key areas, according to a White House official. The national security memorandum aims to attract global investment while preserving US national security interests from challenges presented by foreign enemies like as China, according to the official. CFIUS, which scrutinizes foreign investment in the United States for national security risks, has already overseen a sharp decrease in Chinese investment in the United States. The White House official also noted that Chinese hackers have repeatedly targeted U.S. entities, including recently breaching the Treasury Department’s CFIUS office, the entity responsible for reviewing foreign investments for national security risks.

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History of this topic

China rejects Trump’s 50 per cent defence cut proposal, says military spending ensures sovereignty
1 month ago

China rejects Trump’s 50 per cent defence cut proposal, says military spending ensures sovereignty

Firstpost  

China is due to unveil its annual budget, including the defence spending at the annual session of its Parliament, the National People’s Congress, which is scheduled to begin from March 5. Asked for his reaction to Trump and Putin’s comments, Lin told a media briefing here that China is committed to peaceful development but its “limited” defence spending is to …

US curbs on investment strongly opposed
1 month ago

US curbs on investment strongly opposed

China Daily  

The Lujiazui financial hub in Shanghai's Pudong New Area is seen in this photo. Washington's tightening of security reviews targeting Chinese investment in the US "is a serious blow to the confidence of Chinese enterprises in investing in the US", and the restrictions will only damage the US' own business environment, Foreign Ministry spokesman Lin Jian said at a daily …

Trump administration targets China with new trade and investment restrictions
1 month ago

Trump administration targets China with new trade and investment restrictions

Hindustan Times  

The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival. The Trump administration targeted China with a number of trade, investment, and other policies that increase the likelihood that relations between the US and its main …

Trump signs memorandum directing CFIUS to restrict Chinese investments in US
1 month ago

Trump signs memorandum directing CFIUS to restrict Chinese investments in US

Firstpost  

CFIUS, which scrutinizes foreign investment in the United States for national security risks, has already overseen a sharp decrease in Chinese investment in the United States Representational image. File image/ Reuters President Donald Trump signed a memorandum on Friday directing the Committee on Foreign Investment in the United States to restrict Chinese investments in key areas, according to a White …

Trump’s freeze on foreign aid could give China an opening on the world stage
1 month, 1 week ago

Trump’s freeze on foreign aid could give China an opening on the world stage

Associated Press  

WASHINGTON — President Donald Trump’s restrictions on foreign aid and targeting of a key agency funding programs around the world may be offering an opening to America’s biggest adversary — China. “And then how do we innovate to a new way of promoting American interests, American values and being clear on what those values are.” Dennis Wilder, a senior fellow …

Chinese hackers breached US government office that assesses foreign investments for national security risks
2 months, 2 weeks ago

Chinese hackers breached US government office that assesses foreign investments for national security risks

CNN  

CNN — Chinese hackers breached the US government office that reviews foreign investments for national security risks, three US officials familiar with the matter told CNN. US lawmakers and national security officials have grown increasingly worried that the Chinese government or its proxies could use land acquisitions to spy on those bases. The hackers also targeted Treasury’s sanctions office, which …

US to Expand Scrutiny of Foreign Investments Near Military Bases
8 months, 2 weeks ago

US to Expand Scrutiny of Foreign Investments Near Military Bases

Live Mint  

-- The US Treasury Department will expand its scrutiny of foreign investments near military bases to counter suspected security threats from China and other countries. The proposed rule “will significantly expand” the jurisdiction of a special government panel that reviews foreign purchases of US companies and real estate, Treasury Secretary Janet Yellen said in a statement on Monday. The Committee …

Yellen details tighter scrutiny of investment plans of foreign-owned companies operating in the US
1 year, 6 months ago

Yellen details tighter scrutiny of investment plans of foreign-owned companies operating in the US

Associated Press  

WASHINGTON — The Biden administration plans to increase scrutiny of the investment plans of foreign-owned companies operating in the United States. “National security is a foremost priority, and we deploy a wide range of tools to safeguard it,” Treasury Secretary Janet Yellen said Thursday. In prepared remarks, Paul Rosen, the treasury undersecretary for investment security, said companies “can expect more …

Yellen details tighter scrutiny of investment plans of foreign-owned companies operating in the US
1 year, 6 months ago

Yellen details tighter scrutiny of investment plans of foreign-owned companies operating in the US

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

China lodges 'solemn representations' with US over investment restrictions: Foreign ministry
1 year, 7 months ago

China lodges 'solemn representations' with US over investment restrictions: Foreign ministry

Firstpost  

“China is strongly dissatisfied and firmly opposes the United States’ insistence on introducing restrictions on investment in China, and has lodged solemn representations with the United States,” an unnamed foreign ministry spokesman said in a statement published online China’s foreign ministry on Thursday said that Beijing has lodged “solemn representations” with the United States over its new measures to restrict …

Biden restricts US investments in Chinese technology, China calls it 'brazen attempt' to break supply chain
1 year, 7 months ago

Biden restricts US investments in Chinese technology, China calls it 'brazen attempt' to break supply chain

India TV News  

In a major blow to the relations between China and the United States, the Biden administration on Wednesday signed a decree, restricting American companies from investing in Beijing, especially advanced computer chips and microelectronics. According to the executive order signed by US President Joe Biden, companies that deal with advanced computer chips, micro electronics, quantum information technologies and artificial intelligence …

Biden administration to restrict investments in China, citing 'national security threats'
1 year, 7 months ago

Biden administration to restrict investments in China, citing 'national security threats'

Firstpost  

This measure would be one of the first significant steps by the US amid an economic clash with China to clamp down on outgoing financial flows. In a move that could rankle Beijing, the Biden administration is planning to issue new restrictions on American investments in certain advanced industries in China to protect ‘national security threats’, New York Times reported …

China and the US are on a slow but sure collision course
1 year, 10 months ago

China and the US are on a slow but sure collision course

Live Mint  

I recently attended the China Development Forum in Beijing, an annual gathering of senior foreign business leaders, academics, former policymakers and top Chinese officials. This year’s conference was the first to be held in person since 2019, and it offered Western observers an opportunity to meet China’s new senior leadership, including new Premier Li Qiang. Li’s joke included an implicit …

What is CFIUS, a little-known agency that can decide TikTok's future in the US?
1 year, 11 months ago

What is CFIUS, a little-known agency that can decide TikTok's future in the US?

Firstpost  

The Committee on Foreign Investment in the United States or CFIUS is investigating TikTok over national security concerns. The government agency holds the power over the embattled video platform’s future, which is facing the risk of a nationwide ban in the US Under pressure from the US government, TikTok is now facing the music with the possibility of a nationwide …

US coming up with new rules to stop investors from funding Chinese companies
2 years ago

US coming up with new rules to stop investors from funding Chinese companies

Live Mint  

The US administration is reportedly developing a new programme that could prohibit US participation in certain Chinese sectors. According to reports provided to lawmakers on Capitol Hill on March 3, the US Treasury and Commerce departments are considering a new regulatory system to address US investment in advanced technologies abroad that could pose national security risks. The reports did not …

Biden expected to tighten rules on US investment in China
2 years ago

Biden expected to tighten rules on US investment in China

Associated Press  

— The Biden administration is close to tightening rules on some overseas investments by U.S. companies in an effort to limit China’s ability to acquire technologies that could improve its military prowess, according to a U.S. official familiar with the deliberations. The soon-to-be-issued executive order from President Joe Biden will limit American investment in advanced technologies that have national security …

Trump bolsters order barring US investment in some Chinese firms
4 years, 2 months ago

Trump bolsters order barring US investment in some Chinese firms

Al Jazeera  

The administration of US President Donald Trump on Monday strengthened an executive order barring US investors from buying securities of alleged Chinese military-controlled companies, following disagreement among United States agencies about how strictly to adhere to the directive. The Department of the Treasury published guidance clarifying that the executive order, released in November, would apply to investors in exchange-traded funds …

Trump to add China’s SMIC and CNOOC to defence blacklist: Report
4 years, 3 months ago

Trump to add China’s SMIC and CNOOC to defence blacklist: Report

Live Mint  

The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office. A recent executive order issued by President Donald Trump …

Trump bans US investment in Chinese military-linked firms
4 years, 4 months ago

Trump bans US investment in Chinese military-linked firms

The Hindu  

President Donald Trump has stepped up a conflict with China over security and technology by issuing an order barring Americans from investing in companies that U.S. officials say are owned or controlled by the Chinese military. The impact of the order on Thursday wasn’t immediately clear but it could add to pressure on companies including telecom equipment giant Huawei and …

Trump administration readies crackdown on US investments in Chinese firms
4 years, 4 months ago

Trump administration readies crackdown on US investments in Chinese firms

Live Mint  

The Trump administration plans to unveil an executive order to prohibit U.S. investments in Chinese firms that Washington says are owned or controlled by the Chinese military, according to three sources familiar with the matter, ramping up pressure on Beijing after the U.S. election. The order, which could impact some of China's biggest companies, including telecoms firms China Telecom Corp …

Trump blocks US investment in firms linked to Chinese military
4 years, 4 months ago

Trump blocks US investment in firms linked to Chinese military

Al Jazeera  

United States President Donald Trump has signed an executive order that blocks US investment in firms Washington believes are linked to China’s military. United States President Donald Trump has signed an executive order banning US investments in Chinese firms Washington claims are owned or controlled by the Chinese military, ramping up pressure on Beijing after the US election. The order, …

Trump threatens to permanently pull funding from WHO and ‘reconsider’ US membership
4 years, 10 months ago

Trump threatens to permanently pull funding from WHO and ‘reconsider’ US membership

CNN  

Washington CNN — President Donald Trump is escalating his threats against the World Health Organization, telling the agency he will permanently pull US funding if it does not “commit to major substantive improvements in the next 30 days.” Trump’s letter – in which he included a false description of when information about the virus was published in The Lancet, prompting …

As US reports over 400,000 COVID-19 cases, Donald Trump threatens to freeze WHO funding, accuses organsiation of being 'China centric'
4 years, 11 months ago

As US reports over 400,000 COVID-19 cases, Donald Trump threatens to freeze WHO funding, accuses organsiation of being 'China centric'

Firstpost  

Donald Trump slammed WHO for its early guidance aimed at countering the international spread of the coronavirus Washington: President Donald Trump has threatened to put a “very powerful” hold on US’ funding to the World Health Organization, accusing the UN agency of being “very China centric” and criticising it for having “missed the call” in its response to the coronavirus …

Donald Trump says China a threat to world, using US money to expand its military might
5 years, 6 months ago

Donald Trump says China a threat to world, using US money to expand its military might

Firstpost  

Donald Trump has said the Communist nation is a threat to the world and blamed his predecessors for not stopping it from stealing America’s intellectual property. Washington: Expressing concern over China’s growing military might, US President Donald Trump has said the Communist nation is a threat to the world and blamed his predecessors for not stopping it from stealing America’s …

Chinese, other foreign investors to face tighter scrutiny in US
5 years, 6 months ago

Chinese, other foreign investors to face tighter scrutiny in US

Live Mint  

The US has tightened scrutiny procedures for Chinese and other foreign investors that seek to gain a foothold in high-tech American businesses on grounds of national security, even as the two sides resumed deputy-level trade talks on Thursday to reach an agreement soon. Despite the cautious moves by both sides towards an agreement on the trade front, the US has …

With eye on China, Trump makes it tougher for foreign firms in high-tech US business
5 years, 6 months ago

With eye on China, Trump makes it tougher for foreign firms in high-tech US business

Live Mint  

Geneva: The United States has further tightened scrutiny procedures for Chinese and other foreign investors to gain a foothold into data and high-tech American businesses on grounds of national security considerations, even as the two sides resume their trade talks at the deputy-official level on Thursday, for reaching an agreement soon. Despite the cautious moves by both sides towards an …

US-China trade war: any solution won’t solve deeper problems
6 years, 1 month ago

US-China trade war: any solution won’t solve deeper problems

CNN  

Editor’s Note: Andrew Coflan works for Eurasia Group’s Asia team, focusing primarily on China’s domestic economy and financial system. President Donald Trump’s overwhelming concern is with the bilateral trade deficit, which has led China to offer significant purchases of US liquid natural gas and agricultural products. Some in the administration have far greater ambitions for these negotiations, including increased market …

New US slap against China: Tighter curbs on tech investment
6 years, 7 months ago

New US slap against China: Tighter curbs on tech investment

Associated Press  

WASHINGTON — Already threatened by escalating U.S. taxes on its goods, China is about to find it much harder to invest in U.S. companies or to buy American technology in such cutting-edge areas as robotics, artificial intelligence and virtual reality. “Leading decision makers and Congress are very concerned about technology transfer to China.” The Trump administration has already imposed tariffs …

After US plans steeper tariffs on Chinese goods, Congress approves defence spending bill targeting China
6 years, 7 months ago

After US plans steeper tariffs on Chinese goods, Congress approves defence spending bill targeting China

Firstpost  

The US Congress has passed the $716 billion defence spending bill which has provisions that bar China from participating in the Rim of the Pacific Exercise The US Congress has passed the $716 billion defence spending bill which has provisions that bar China from participating in the Rim of the Pacific Exercise, the world’s largest international maritime warfare drill, and …

Trump Changes Course, Will Use Existing Law To Review Chinese Tech Investments
6 years, 9 months ago

Trump Changes Course, Will Use Existing Law To Review Chinese Tech Investments

NPR  

Trump Changes Course, Will Use Existing Law To Review Chinese Tech Investments Enlarge this image toggle caption Wang Zhao/AFP/Getty Images Wang Zhao/AFP/Getty Images The Trump administration will not impose blanket restrictions on Chinese investment in the U.S., but will instead rely on enhancements to an existing review process in an effort to protect the country's sensitive technology know-how. The president …

US said to consider emergency law to curb China takeovers
6 years, 11 months ago

US said to consider emergency law to curb China takeovers

Live Mint  

Washington: The Trump administration is considering a crackdown on Chinese investments in technologies the US considers sensitive by invoking a law reserved for national emergencies, among other options, according to people familiar with the matter. Pending legislation in the Senate and House to bulk up the Committee on Foreign Investment in the US, the panel that currently reviews foreign takeovers, …

Far from rattling China, US National Security Strategy has instead given Beijing moral high ground to berate Trump administration
7 years, 3 months ago

Far from rattling China, US National Security Strategy has instead given Beijing moral high ground to berate Trump administration

Firstpost  

As long as the language of these documents remains vague and devoid of any tactical actions, the China will consider them not worth the paper it’s written on. Even a cursory reading of the recently released US National Security Strategy 2017 projects China as the principle economic and security threat for America. In contrast, China intends to replace the US …

Chinese investment in US: A stabilizer for bilateral ties
7 years, 3 months ago

Chinese investment in US: A stabilizer for bilateral ties

China Daily  

Zhimin Qian, President of China National Nuclear Corp, left, exchanges documents with Lee McIntire, CEO of TerraPower, following a signing ceremony linking the two organizations at a U.S. Trade and Investment Cooperation Conference Tuesday, Sept. 22, 2015, in Seattle. According to American Enterprise Institute, total Chinese investments and contracts in the United States have topped $172 billion since 2005 Chinese …

Donald Trump's new national security strategy likely to drop climate change as security threat, cite China as competitor
7 years, 3 months ago

Donald Trump's new national security strategy likely to drop climate change as security threat, cite China as competitor

Firstpost  

Donald Trump is outlining a new national security strategy that refocuses the United States’ relationship with the rest of the world, essentially implementing President Donald Trump’s “America First” mantra on a global scale Washington: President Donald Trump is outlining a new national security strategy that refocuses the United States’ relationship with the rest of the world, essentially implementing President Donald …

US urged to open the door wider to China's investment
7 years, 9 months ago

US urged to open the door wider to China's investment

China Daily  

NEW YORK－The US government should open its door wider to Chinese investments and Chinese companies have to further their understanding of US law and regulatory compliance as foreign direct investment between the world's top two economies has been on a rapid rise, experts said. "That is one of the major factors that makes US attractive to foreign companies," he said …

China's growing investment in US not 'Trojan Horse'
8 years, 11 months ago

China's growing investment in US not 'Trojan Horse'

China Daily  

BEIJING - Chinese investment in the United States is growing fast and has benefited its economy, but greater scrutiny and rising political sensitivities in Washington might dent its appeal. Chinese investment in acquisitions, new operations and expansions in the United States hit a record $15 billion in 2015 and is set to reach twice that this year, according to a …

Jan FDI inflow jumps 29.4%[2]- Chinadaily.com.cn
10 years, 1 month ago

Jan FDI inflow jumps 29.4%[2]- Chinadaily.com.cn

China Daily  

Overseas investors to be given wider access, by Liu Hui, China Daily Many expect the draft of the new Foreign Investment Law, released by the Ministry of Commerce on Jan 19, to remove major barriers for foreign investors granting them easier access to the Chinese market. To begin with, the draft, if it is passed, will replace the existing case-by-case …

China set for long-term increase in US FDI: Expert
10 years, 7 months ago

China set for long-term increase in US FDI: Expert

China Daily  

China set for long-term increase in US FDI: Expert Updated: 2014-07-28 20:37 By JACK FREIFELDER in New York Economic changes in China have set the world's second largest economy up for a "structural increase" of foreign direct investment in a broad range of industries in the United States over the next decade, according to a director at a New York-based …

Xi urges US to view China objectively
10 years, 8 months ago

Xi urges US to view China objectively

China Daily  

President meets American business leaders ahead of strategic dialogue Chinese President Xi Jinping meets with former US treasury secretary Henry Paulson in Beijing, capital of China, July 2, 2014. The United States should objectively view China's national conditions and policies, President Xi Jinping told a former senior US official on Wednesday, ahead of a key bilateral dialogue. Analysts said Xi's …

US Lew urges China to appreciate yuan, open investment market
10 years, 8 months ago

US Lew urges China to appreciate yuan, open investment market

China Daily  

WASHINGTON - US Treasury Secretary Jacob Lew said Tuesday that China should allow the yuan to rise further and the United States will continue to push China to open its market to US investors on a level playing field. "I think it's not realistic to think there is going to be a concluded BIT in a couple of weeks," Lew …

China's Huawei and ZTE pose security threat: US panel
12 years, 5 months ago

China's Huawei and ZTE pose security threat: US panel

Firstpost  

The panel says US regulators should block mergers and acquisitions in this country by Huawei Technologies Ltd. and ZTE Corp, among the world’s leading suppliers of telecommunications gear and mobile phones. The panel says US regulators should block mergers and acquisitions in this country by Huawei Technologies Ltd and ZTE Corp, among the world’s leading suppliers of telecommunications gear and …

China investment in US at record high despite tough talk
12 years, 7 months ago

China investment in US at record high despite tough talk

Firstpost  

This underscores how the relationship between the US and China is more complicated than depicted on the campaign trail. Cheap Chinese products benefit American consumers, and China’s massive purchases of Treasury securities help finance US deficit. Washington: US presidential candidates talk tough on fighting what they see as China’s unfair trade policies, but Chinese companies are investing more than ever …

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