Secretary of State Antony Blinken and China’s Vice President Han Zheng met on the sidelines of the UN General Assembly. The next day, Biden’s speech to the UN touched on responsible competition and cooperation where possible. Read more
Representative Andy Barr’s proposal to expand sanctions on certain Chinese companies was approved by the Financial Services Committee and now heads to the full House. However, a potential government shutdown in October could halt...
President Joe Biden met with Chinese Premier Li Qiang on the sidelines of the G20 over the weekend. Biden then went on to Vietnam, where the two sides announced a partnership that elevates the US-Vietnam relationship to a higher status. Read more
The House Select Committee on the CCP was in New York City this week to talk with finance executives about risks associated with investing in China. Multiple members of the committee are pushing for the administration to go...
This week, President Joe Biden heads to New Delhi for the G20 Leaders’ Summit taking place over the weekend. President Xi Jinping will not be attending the summit, removing an opportunity for the two to meet this month. Read more
National Security Advisor Jake Sullivan indicated that the United States will be sticking to its current export controls strategy amid reports that Chinese semiconductor firm SMIC has developed an advanced chip despite US controls. The...
Commerce Secretary Gina Raimondo will be in China Sunday through Wednesday next week for meetings in Beijing and Shanghai. USCBC will be closely watching for meeting outcomes. Read more
China took a back seat at the first Republican presidential debate Wednesday evening, but it did not go unmentioned. Candidates took swings at the Biden administration’s and each other’s China platforms. Read more
President Joe Biden hosted Japanese Prime Minister Fumio Kishida...
On Thursday, the Biden administration announced new anti-dumping tariffs on tin mill steel from three countries, including China. The new tariffs went into place immediately. Read more
While Congress is in recess, the Select Committee on the CCP has sent delegations to the Indo-Pacific. Last week, a delegation led by Gallagher went to Australia, and this week, a smaller group visited the Solomon Islands and Papa New Guinea. Read more
Late last week, Senator...
The Biden administration released a long-expected executive order on outbound investment, accompanied by an advanced notice of proposed rulemaking from Treasury. The congressional response has been mixed. While most lawmakers agree that this was a necessary step, some believe it does not go far enough. Read more
A clash between the Chinese Coast Guard and a Philippine vessel has raised US-China tensions. Secretary of Defense Lloyd Austin condemned China’s behavior and...
The United States has invited Chinese Foreign Minister Wang Yi to visit the United States. A visit by Wang would be one of a series of high-level engagements between the United States and China, the next being a visit to Beijing by Commerce Secretary Gina Raimondo later this month. Read more
The Select Committee on the CCP has opened investigations into BlackRock and MSCI. Committee Chair Mike Gallagher also sent President Joe Biden a letter with suggestions for a...
The Senate-passed NDAA includes pared-back outbound investment language that would require reporting but would not give the executive branch the power to block investments into China. Whether the provision makes it into the final bill remains to be seen, as it has already received pushback. Read more
US and Chinese officials seem poised to continue the momentum of high-level meetings, with Commerce Secretary Gina Raimondo planning to visit China this summer. Secretary...
Special Presidential Envoy for Climate John Kerry returned from Beijing with high hopes for future talks but no specific deliverables. Comments from President Xi Jinping on Wednesday suggest the Chinese side may not be as optimistic. Read more
The Select Committee on the CCP is having a spree of public events that touch on US-China trade. This will continue next week with a hearing on US leadership in high tech. Read more
The Senate has begun open floor debate...
