Chinese firms
Congressional Probe of Ford Partnership With Chinese Firms Sparks Security Concerns
The House Select Committee on the Chinese Communist Party (CCP) are alleging major automaker Ford plans to use technology and software from four Chinese companies that also supply the Chinese military, North Korea, China’s Ministry of Public Security, and have direct ties to the ongoing genocide of Uyghur Muslims in Xinjiang. Chairman of the committee […]
US Sanctions Chinese Firms and Others Who Assist Russia’s War Efforts
The U.S. government is imposing financial holds and sanctions on entities from China, Turkey, and the United Arab Emirates for aiding Russia’s war efforts in Ukraine. The sanctions target firms facilitating Russia’s acquisition of Chinese weaponry, aircraft parts, and technology, including high-resolution satellite imagery firms supplying a Russian mercenary group. Additionally, the State Department is […]
US Bans Imports From 2 More Chinese Firms Over Forced Labor Allegations in Xinjiang
The United States has banned imports of goods from two China-based firms in an effort to “eliminate the use of forced labor practices in the U.S. supply chain,” the Department of Homeland Security (DHS) announced on Aug. 1. Camel Group, a lead-acid battery producer, Chenguang Biotech Group, a food additive manufacturer, and its subsidiary Chenguang Biotechnology […]
US-Listed Chinese Firms Kick Off New Year Trading
For China’s tech sector, the New Year is off to a promising start. The Nasdaq Golden Dragon China Index jumped 13 percent in just the first two days of trading in 2023. The index looks at China-based firms listed on the U-S market. And the boost marks its best record yet for early New Year […]
Rubio: Biden Nominees to Federal Retiree Thrift Board Agree to No Investments in Chinese Firms
Sen. Marco Rubio (R-Fla.) announced on June 2 that President Joe Biden’s four nominees to serve on the Federal Retirement Thrift Investment Board (FRTIB) confirmed in writing their belief that Americans shouldn’t invest in Chinese firms or those of any other country that threatens U.S. national security. “We agree that it is unfitting for Americans […]
Chinese Firms Eye IPOs on NY Stock Exchange
After a months-long freeze, Chinese IPOs could be debuting in the United States again. NTD spoke with a senior economics analyst to get an idea of how much attention the IPOs will get and why, in light of previous regulatory crackdowns.
How China’s New Offshore Listing Rules Will Work
HONG KONG—Two Chinese regulators announced draft rules for Chinese firms’ offshore listings over the past week, providing some clarity on how they plan to scrutinize capital market activities amid a broader regulatory crackdown. New Rules for Offshore Listing by Chinese Companies The China Securities and Regulatory Commission (CSRC) on Dec. 24 proposed tightening rules governing […]
6 US Companies Owned by China That You Didn’t Know About
Maybe you haven’t heard, but some of the most iconic American brands are actually owned by Chinese firms. And some of these Chinese firms are linked to the Chinese regime or serve its strategic goals. In this special episode, we look at six American companies whose ownership has sparked controversy. The Chinese Communist Party’s fingerprints […]
New York Stock Exchange Reverses Course Again, Will Delist 3 Chinese Telecom Firms After All
The New York Stock Exchange said on Jan. 6 that it will delist three Chinese telecom companies beginning on Jan. 11, in another U-turn a day after U.S. Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with its earlier decision to reverse the delistings. The latest move marks the third about-turn, amid confusion […]