Editor’s note: China’s Central bank has management of exchange rates and the current account balance as part of its job. Our central bank does not. Our market access charge bill would change that, adding exchange rate management to the Fed mandate with tools to achieve a current account (trade) balance. Federal reserve staff has wrongly stated…

Editor’s note: CPA supported the bill to strengthen controls on incoming foreign investment. The rules are now being written for implementation.  The Treasury-led interagency committee will now require foreign investors to alert it to all deals giving them access to critical technology across 27 industries—including semiconductors, telecommunications and defense—that the committee believes could threaten U.S.…

Editors note: another case of dangerous pharmaceutical drugs coming in from China. Most active pharmaceutical ingredients come from China, having moved out of the USA. China’s Zhejiang Huahai Pharmaceutical for years enjoyed the upside of the U.S. pharmaceutical market, selling its valsartan API to drugmakers producing blood pressure meds for the market. Now it is seeing…