Editor’s note: All China FDI into India will now require govt approval. The US should do the same. MUMBAI (Reuters Breakingviews) – The Great Wall against Chinese acquisitions is extending into India. Foreign direct investment from the People’s Republic will now require government approval, which could slow development in key areas like technology. Compared to similar…
Editor’s note: Frank Dowd IV, the Chairman of CPA member Charlotte Pipe & Foundry, makes a compelling case for decoupling from China. The coronavirus has upended our world. In addition to the suffering and death, the U.S. will be left with millions of unemployed, billions in health-care costs and trillions in lost economic activity and…
Sends letter to President Trump expressing concern over tariff deferral Washington. The Coalition for a Prosperous America (CPA) sent a letter to President Trump today expressing concern about a decision by the Treasury Department and US Customs and Border Protection (CBP) to postpone duties on many imports for 90 days. CPA believes that the deferral of…
Editor’s note: The public is ahead of the Congress on distrust of China. Too many in Congress are still not getting the fact that we need to increasingly decouple and bring production home. Two-thirds of Americans say they have an unfavorable view of China, according to a national poll by the Pew Research Center. [Paul Steinhauser |…