Category: ChemChina

Italy Restricts Chinese Company’s Sway Over Major Italian Manufacturer

June 17, 2023
Belt and Road Initiative (BRI)Business & MarketsChemChinaChina Business & EconomyChina NewsCompaniesEuropeGiorgia MeloniInvestmentItalyPirelliSinochemWorld
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Italy has approved measures to limit the control of a Chinese state-owned shareholder over the Italian tiremaker Pirelli, citing reasons of national security. Rome’s decision comes after Sinochem, Pirelli’s largest shareholder with a 37 percent stake, notified the Italian government in March of plans to update an existing shareholder pact with Camfin, which is controlled…

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US Local Governments Helped China With $1.7 Billion in Subsidies: Expert

April 28, 2022
AVICChemChinaChinaChinese RegimeFinance & Business TiesLenovoNational Securityrobert atkinsonSpecial TopicsUSUS News
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U.S. state and local governments have provided about $1.7 billion in subsidies to Chinese companies since 2010, a trend that must be reversed, said Robert Atkinson, president of Washington-based think tank Information Technology and Innovation Foundation. “The official U.S. policy is to try to slow down China because they’re playing unfairly, if you will. So…

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US Local Governments Helped China With $1.7 Billion in Subsidies: Watchdog

April 28, 2022
AVICChemChinaChinaChinese RegimeFinance & Business TiesLenovoNational Securityrobert atkinsonSpecial TopicsUSUS News
0 Comment

U.S. state and local governments have provided about $1.7 billion in subsidies to Chinese companies since 2010, a trend that must be reversed, said Robert Atkinson, president of Washington-based think tank Information Technology and Innovation Foundation. “The official U.S. policy is to try to slow down China because they’re playing unfairly, if you will. So…

Read More

US Local Governments Helped Chinese Firms With $1.7 Billion in Subsidies: Watchdog

April 28, 2022
AVICChemChinaChinaChinese RegimeFinance & Business TiesLenovoNational Securityrobert atkinsonSpecial TopicsUSUS News
0 Comment

U.S. state and local governments have provided about $1.7 billion in subsidies to Chinese companies since 2010, a trend that must be reversed, said Robert Atkinson, president of Washington-based think tank Information Technology and Innovation Foundation. “The official U.S. policy is to try to slow down China because they’re playing unfairly, if you will. So…

Read More

US State, Local Governments Helped Chinese Firms With $1.7 Billion in Subsidies: Watchdog

April 28, 2022
AVICChemChinaChinaChinese RegimeFinance & Business TiesLenovoNational Securityrobert atkinsonSpecial TopicsUSUS News
0 Comment

U.S. state and local governments have provided about $1.7 billion in subsidies to Chinese companies since 2010, a trend that must be reversed, said Robert Atkinson, president of Washington-based think tank Information Technology and Innovation Foundation. “The official U.S. policy is to try to slow down China because they’re playing unfairly, if you will. So…

Read More