Elizabeth Warren Questions Corporate Loyalty to America, While Bowing to China
Elizabeth Warren, others, say American multinationals too cushy with China. And it’s come at the detriment to American manufacturing labor.
Elizabeth Warren, others, say American multinationals too cushy with China. And it’s come at the detriment to American manufacturing labor.
Financial backers of China companies involved in unreasonable surveillance, and Uyghur genocide, put on notice in State Department’s newest Xinjiang Supply Chain Business Advisory.
Climate activist groups have said that criticizing China for its abysmal human rights record is bad for the planet — that calling out the Chinese Communist Party (CCP) for its genocide against ethnic minorities might make Beijing ignore the West’s efforts to roll back CO2 emissions. For years, China has used the West’s worry over…
American investors in Didi and Full Truck Alliance lose over 20% of their investment as Wall Street firms like Goldman Sachs collect their fees selling companies surviving on the whims of China’s Communist Party. Last Wednesday, Wall Street helped Chinese rideshare company Didi raise billions from American investors in a massive Initial Public Offering (IPO).…
From the environment to labor, the International Trade Commission looks at a compendium of academic literature over a roughly 18-year period to gauge whether agreements like NAFTA and KORUS were good deals. And for whom.
Jake Sullivan was right. More restrictions against Chinese companies were coming. On July 9, Gina Raimondo’s Commerce Department barred American businesses from working with 22 Chinese tech and military-connected firms. Next up: banning Wall Street from investing in these companies in China.
By Charles Benoit, CPA Trade Counsel There is high drama in Congress this summer as the U.S. House and Senate offer differing takes on the direction of U.S. trade policy. The Senate’s bill would disarm America’s trade defenses and ensure a relentless flood of imports from China if passed. Fortunately, the House Ways and Means…
WASHINGTON — The Coalition for a Prosperous America (CPA) today, in two separate letters, urged President Joe Biden to place capital markets sanctions on additional Chinese companies present in U.S. capital markets. In the first letter, CPA requested the Biden administration update their list of sanctioned Chinese companies to include companies that were originally on…
CPA sent the following letter to President Joe Biden requesting that the administration update Treasury’s Office of Foreign Assets Control (OFAC) Non-SDN Chinese Military-Industrial Complex Companies (NS-CMIC) List with the five Chinese companies that were added to the Commerce Department’s Entity List on June 24, 2021 because they use forced labor. Three of these Chinese…
CPA sent the following letter to President Joe Biden requesting that the administration add Chinese companies on the Department of Defense’s Chinese Military Companies List to the Department of the Treasury’s Office of Foreign Assets Control (OFAC) Non-SDN Chinese Military-Industrial Complex Companies (NS-CMIC) List. Executive Order 14032 established the NS-CMIC List as part of the…