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US and China Reach Agreement to Audit Chinese Companies Listed on US Exchanges

China, USA - September 28 2022 On August 26, the Public Company Accountability Board (“PCAOB”), the China Securities Regulatory Commission, and the Ministry of Finance of the…

Jennifer L. Parry, Jing Zhang

CFIUS Reports Record Year in 2021, Including an Increased Focus on China

China, USA - September 28 2022 In August, the Committee on Foreign Investment in the United States (“CFIUS”) released its annual report for the 2021 calendar year. The report…

Jennifer L. Parry, Jing Zhang

Recent Actions by Commerce Department Reiterates Increased Enforcement of Export Restrictions on China

China, USA - September 28 2022 Late this August, the U.S. Department of Commerce took steps to restrict certain artificial intelligence computer chips from export or reexport to…

Jennifer L. Parry, Jing Zhang

Commerce Department Conducting Outreach on New Export Control Regime Focused on China

China, USA - August 30 2022 During a July 20 hearing before the House Foreign Affairs Committee titled "Assessing the U.S. Economic Policy Response to Russia's Invasion of…

Jennifer L. Parry, Jing Zhang

President Biden Signs CHIPS Act into Law

USA - August 30 2022 On Tuesday, August 9, President Biden signed the CHIPS and Science Act of 2022 (H.R. 4346) (“the CHIPS Act”). The Act’s goal is to “strengthen…

Jennifer L. Parry, Jing Zhang