A bipartisan group of U.S. House and Senate lawmakers urged President Joe Biden to issue an executive order to increase the screening of investments by American companies in foreign adversaries, particularly China. An executive order controlling American investment abroad would “safeguard our national security and supply chain resiliency on outbound investments to foreign adversaries,” eight…
Lawmakers Push Biden to Order Screening of American Investments in China
Lawmakers Push Biden to Order Screening of US Investments in China
A bipartisan group of U.S. House and Senate lawmakers urged President Joe Biden to issue an executive order to increase the screening of investments by U.S. companies in foreign adversaries, particularly China. An executive order controlling U.S. investment abroad would “safeguard our national security and supply chain resiliency on outbound investments to foreign adversaries,” eight…
China ‘Will Use You, and Then Shove You Aside,’ Expert Warns Tesla as It Tries to Capture Chinese Market
Beijing’s national strategy of forced technology transfer means that Tesla will eventually be squeezed out of the Chinese market, just like the fate suffered by other Western companies in the past, said Robert Atkinson, president of Washington-based nonprofit Information Technology and Innovation Foundation (ITIF). “At the end of the day, the strategy for China is…
After 20 Years, China Still Skirting WTO Regulations
Commentary To be a true market economy, Beijing must ends its “Made in China 2025” program and its predatory goal of trade and global dominance. In the spring of 2000, the United States normalized trade relations with China. In December 2001, China ascended to the World Trade Organization (WTO). President Bill Clinton expressed his hope…
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