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Recent developments in Chinese government protocols and initiatives seek to encourage foreign direct investment in energy, environmental, and water-related industries
- Sullivan & Worcester LLP
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- China
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- June 11 2012
China is the second largest global recipient of foreign direct investment, behind only the United States
Chinese acquisition of United States aircraft manufacturer facing possible Department of State scrutiny
- Sullivan & Worcester LLP
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- China, USA
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- August 10 2011
On June 28, 2011, the Minnesota based small aircraft manufacturer, Cirrus, was acquired for a reported $210 million by China’s state-run Chinese Aviation Industry General Aircraft
With notices filed, CAIGA aggregates the U.S. general aviation industry
- Sullivan & Worcester LLP
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- China, USA
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- March 9 2011
On February 28, Cirrus Industries, Inc. of Duluth, Minnesota announced that Cirrus had agreed to be acquired by China Aviation Industry General Aircraft Company, Ltd. (CAIGA) of Zhuhai, China
China's foreign direct investment grows but U.S. vacillates
- Sullivan & Worcester LLP
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- China, USA
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- November 9 2010
How do you measure the staggering growth of China's outbound foreign direct investment (FDI) in recent years?
China more than triples its foreign direct investment into the U.S. for first half of year
- Sullivan & Worcester LLP
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- China, USA
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- August 25 2010
People’s Daily Online reported today that China’s FDI into the U.S. hit $605 million during the first half of 2010, 3.6 times the same period of 2009
Man bites dog: Congress lobbies CFIUS on steel development joint venture
- Sullivan & Worcester LLP
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- China, USA
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- August 4 2010
As widely reported, 50 members of the U.S. Congressional Steel Caucus sent a letter to Secretary of the Treasury Geithner on July 2 asking the Committee on Foreign Investment in the United States (CFIUS) to “thoroughly investigate” a Chinese investment in a Mississippi steel project on grounds that it would permit the Chinese government to exploit the American market through a U.S.-based business and possibly threaten national security
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