Some sensitive industries — everything from technology to defense firms — will face tougher federal scrutiny under new regulations formalized Wednesday. The Committee of Foreign Investment in the U.S., or CFIUS, announced its pilot program will take effect in 30 days. The announcement has some innovation, defense and tech companies scrambling to comply so they […]
At a big investment conference in Beijing Monday, Chinese President Xi Jinping announced his country would pump another $60 billion into investment into Africa infrastructure. Sixty billion is a popular number in the foreign investment arena these days, it seems. Legislation working its way through Congress would combine several agencies to boost U.S. development financing […]
Questions about promised reforms also hang over the country's economic future, one expert says.
In Wisconsin today, President Donald Trump did a thing politicians like to do sometimes. Shovel in hand, he touted a big investment in the U.S. and the jobs it’s supposed to create. The shovel was gold-toned, and the investment: a $10 billion LCD display plant for the electronics manufacturer Foxconn. Thing is, foreign direct investment […]
The Trump administration announced it is not imposing additional investment restrictions on China for now. Instead, the White House endorsed a plan working through Congress to reform the Committee on Foreign Investment in the United States. It’s an interagency committee, commonly known as CFIUS, that doesn’t come up much in casual conversation, not even in […]
The White House announced today a series of actions aimed at countering what it calls unfair Chinese trade practices. We got tariffs on $60 billion worth of Chinese goods each year, and we got litigation, with the U.S planning to sue China more at the WTO. And finally, the president says he’s going to limit […]
Emerging markets are starting to put more money into the U.S.