IPO Disasters – China Swindles Billions from US Investors
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
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
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.
Dozens of trade organizations like the American Petroleum Institute and the California Retail Association want the House of Representatives to follow the Senate and weaken China tariffs.
Chinese dissident Cai Xia, now at Stanford University’s Hoover Institution, says the U.S. engagement policy on China fed the dragon. The CCP owes a lot of its might to U.S. multinationals, Washington and — increasingly — Wall Street.
Original by CPA Chief Economist Jeff Ferry published in Foreign Policy News Early in June, the Senate passed its signature “China bill,” a wide-ranging piece
Chinese “Uber for trucking” company, Full Truck Alliance (FTA), raised $1.6 billion in an initial public offering in the United States with help from Wall
On June 8, the U.S. Senate passed the U.S. Innovation and Competition Act of 2021, a bill aimed at countering China on a plethora of
Some free trader Senators are still trying to revive the Trans-Pacific Partnership. New USTR nominees say to counter China, we need to “work with allies” in Asia. Fine. But TPP is not the answer.
China polysilicon makers get put on the Entity List as one producer is prohibited from selling to the U.S. That means companies that rely on them for their solar supply chain are subject to import bans.
CPA has some ideas on where to go after China if Washington is serious about ‘genocide in Xinjiang’. Start by banning Wall Street money flow into China’s wanton human rights violators.