Senate Amendment in Defense Act Puts Restrictions on Outbound Investment into China Tech
This summer saw a host of amendments in defense bills to restrict investment in China. Will the rhetoric be met with action?
This summer saw a host of amendments in defense bills to restrict investment in China. Will the rhetoric be met with action?
China companies are put on Entity Lists for being in breach of certain laws. In this case, allegations of forced labor. That doesn’t stop U.S. investors from buying their stocks.
The majority of the Senate supports this legislation, and we will be working with lawmakers in the House to ensure this bill becomes law.
Should federal government employees, including military commanders, be investing their retirement money in China? Some say no, and will try to stop it this week.
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded legislation introduced by U.S. Representative Jim Banks (R-IN) that would revoke China’s Most Favored Nation (MFN) tariff status. This is a critical first step to reduce our import dependency on China. Too many transnational enterprises continue to lean on China for sourcing for the…
Big trouble in China as Washington increasingly warns American businesses to “stay at your own risks”.
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following House passage of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 (H.R. 2670). However, the House’s FY 2024 NDAA failed to include an amendment offered by U.S. Representative Mike Waltz (R-FL), and that CPA strongly supports, that prohibits…
In hearing on climate policies, leader John Kerry was taken to task over China solar and says climate does not trump human rights violations.
The Congressional-Executive Committee on China says Temu, and even Nike, likely benefit from forced labor. Why the Uyghur Forced Labor law is vulnerable.
Key Points The Section 301 tariffs imposed in 2018 on Chinese imports reduced U.S. dependence on China. While U.S. imports surged by 39% between 2017 and 2022, China imports were up very slightly, and still below their 2018 peak. As a result, China fell from 21.6% of U.S. imports in 2017 to just 16.5% in…