Tag: ChemChina

Italy Restricts Chinese Company’s Sway Over Major Italian Manufacturer

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…


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

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…


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

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…


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

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…


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

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…