Urges Lawmakers to Scrutinize PCAOB Deal with Chinese Auditors WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement following a House Financial Services Committee hearing on combating the economic threat from China, which saw both Democrats and Republicans express concern and call for policies to address China’s ability to raise money from…
A bipartisan trio of Senators sent a letter to China retailer SHEIN asking for assurances their clothes sold here are not made with banned cotton. They also inquire about the de minimis loophole that makes SHEIN possible.
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded bipartisan legislation introduced by U.S. Senators Mike Rounds (R-S.D.) and Jon Tester (D-Mont.) that would blacklist China, Russia, Iran and North Korea from investing in, purchasing or otherwise acquiring land or businesses involved in agriculture. China prohibits any foreign purchase of its domestic farm…
Yes, in many ways the U.S. is funding China’s defense sector through venture capital, portfolio investments, and computer hardware sales to companies on the Entity List.
Rising levels of foreign direct investment by China into Mexico enables tariff-avoiding shipments of Chinese goods and parts into the U.S.
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded bipartisan legislation introduced by U.S. Representatives Bill Posey (R-FL) and Dan Kildee (D-MI) that will repeal President Biden’s Solar Emergency Declaration, issued last June. Under the Congressional Review Act (CRA), Congress can repeal rules enacted by the executive branch if they were enacted within…
By Charles Benoit, CPA Trade Counsel In December, the U.S.-China Commission, a group created by Congress to advise on managing the bilateral relationship, formally recommended that China lose its Most-Favored Nation (MFN) tariff status. Referencing the decision to grant China permanent MFN status in 2001, Speaker McCarthy said in remarks on the House floor yesterday…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded an announcement by Hanwha Q CELLS, a global leader in complete clean energy solutions, that it will invest more than $2.5 billion—the largest solar investment ever in the U.S.—to build a complete solar supply chain in the United States. The company’s commitment to the…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the U.S. House of Representatives voted in an overwhelming bipartisan fashion—365 to 65—to form the House Select Committee on China. The new committee will be chaired by Representative Mike Gallagher (R-WI). In December, Chairman Gallagher outlined his vision for the committee’s…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the Public Company Accounting Oversight Board (PCAOB) announced Chinese auditors were in full compliance with U.S. securities regulations. As a result, more than 170 Chinese companies, many with overt ties to the Chinese Communist Party (CCP), will be able to continue…