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China more than triples its foreign direct investment into the U.S. for first half of year
  • Sullivan & Worcester LLP
  • USA, China
  • 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
  • USA, China
  • 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.

Bill Newman
  • Sullivan & Worcester LLP