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UK blocks first deal under NSIA regime; new guidance published

UK blocks first deal under NSIA regime; new guidance published

In its first major action since unveiling the National Security and Investment Act 2021, the UK government has blocked a Chinese company from licensing vision-sensing technology developed at the University of Manchester. Details, insights, the decision, and new guidance are inside.

Congressional agency wants new approach to emerging technologies

Congressional agency wants new approach to emerging technologies

The U.S.-China Economic and Security Review Commission has published its 2021 report to Congress, and the 44-page document includes recommendations that would impact FIRRMA, CFIUS, export controls, and more. Details and the complete USCC report are inside.

Report: Chinese military accessing AI from abroad, including the U.S.

Report: Chinese military accessing AI from abroad, including the U.S.

A new report, which analyzed more than 300 Chinese government AI contracts, states that the Chinese military “is frequently able to access or acquire technology from abroad, including from the United States.” Details, the report, examples, export-control gaps, and more are inside.

NYSE delists three Chinese companies, and Trump bans eight

NYSE delists three Chinese companies, and Trump bans eight

In case you missed it, last week saw a flurry of activity as the New York Stock Exchange proceeded with a plan to delist three Chinese companies, and President Trump issued an Executive Order to ban transactions with eight Chinese apps. Details, the orders, and more are inside.

China

Includes details on the Foreign Investment Law, which becomes effective on January 1, 2020. While intended to streamline foreign investment into China, the law includes provisions for protecting national security.