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Matthew Pottinger: China’s Biggest U.S. Ally on Wall Street, in Silicon Valley

Featured Home Page, China, CPA News, Issues, NewsroomBy Kenneth RapozaAugust 24, 20212 Comments

The former Deputy National Security Advisior says in a long Foreign Affairs magazine essay that our relationship with China has to move beyond price tags and the bottom line salivations of a few big corporations, investment firms and venture capitalists.

SEC Looking More Serious About China Investments

Featured Home Page, China, CPA News, Issues, NewsroomBy Kenneth RapozaAugust 24, 20211 Comment

The Securities and Exchange Commission is telling Chinese companies listed on the NYSE and Nasdaq to reveal more of their ownership structure. Meanwhile, SEC Commissioner is giving them three additional years to allow for third-party audits. That’s too long.

Global Labor Watchdog Kicked Out of China

Featured Home Page, CPA News, Issues, Newsroom, Supply ChainBy Kenneth RapozaAugust 19, 20212 Comments

A labor auditor in Shenzhen called Verite was raided and shut down in April. It’s another mark against those companies like Nike that believe auditing their factory floors in China won’t be that difficult. In many cases, it might not be allowed.

Customs and Border Protection Seizes China Solar Tied to Xinjiang

Featured Home Page, CPA News, Newsroom, Renewable Energy, Supply ChainBy Kenneth RapozaAugust 19, 2021Leave a comment

Customs makes good on its promise to root out imported solar cells and panels believed to have been made from polysilicon produced by Hoshine Silicon Industry, banned from the U.S. solar supply chain this summer.

Senate’s ‘Clean School Bus Program’ Smaller Than Desired, But Still Positive for Manufacturing

Featured Home Page, CPA News, Manufacturing, Newsroom, Renewable EnergyBy Kenneth RapozaAugust 17, 2021Leave a comment

School bus manufacturers are domestic. The Senate infrastructure bill gives them $5 billion to build non-diesel buses, but it falls far short of what the industry wanted in order to crank up the volume and reduce subsidy dependence.

CCP Takes Board Seat at ByteDance; Time to Ban TikTok?

Featured Home Page, China, CPA News, NewsroomBy Kenneth RapozaAugust 16, 20211 Comment

The Chinese Communist Party is now one of three members of the board of directors at ByteDance, owners of the TikTok app. Why do we keep allowing this company to operate here, when Facebook, YouTube, and Twitter cannot operate there.

What We Like in the Senate’s $550 Billion Infrastructure Bill

Featured Home Page, Buy American, Commentary Featured, CPA News, Manufacturing, NewsroomBy Kenneth RapozaAugust 10, 2021Leave a comment

The Senate’s huge infrastructure bill includes provisions that turn the focus on domestic producers of everything from steel to personal protection equipment. The bill also calls for a review of trade agreements, including our relationship with the WTO. Here’s what we like so far.

China Solar Product Bought On Amazon Burns House; Insurer Sues.

Featured Home Page, CPA News, Customs, NewsroomBy Kenneth RapozaAugust 10, 20211 Comment

An insurance company in Minnesota is suing Amazon to recover the money it’s paid out to clients whose home caught on fire due to a made-in-China solar generator sold on the website.

New Alabama Factory Built Almost Entirely with American-Made Components

Featured Home Page, CPA News, ManufacturingBy CPA NewsroomAugust 9, 2021Leave a comment

Wellborn Cabinets is investing in the future thanks to an anti-dumping charge against Chinese cabinetry. Now they’re thriving. Their latest factory upgrade focused on American-made parts to support local supply chains, not just foreign ones.

FTC to Penalize Companies Who Falsely Label Their Products as Made in the USA

Featured Home Page, Buy American, CPA News, NewsroomBy Kenneth RapozaJuly 30, 20211 Comment

The Federal Trade Commission gave itself the power this month to start fining companies that claim their products are Made in the US, but are not. CPA welcomes the final rule. The Biden administration is also touting Buy America policies, but will he let the WTO get in his way?

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