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State Department official supported Liberian rail bid linked to China

State Department official supported Liberian rail bid linked to China

According to a letter to the Secretary of State, a State Department staffer — who happens to be the father-in-law of President Trump’s daughter Tiffany — has made “statements of support” for a Chinese state-linked entity for a multi-billion dollar rail project in Liberia. Details and the letter are inside.

Rep. wants CFIUS to probe Chinese control of medical device startup

Rep. wants CFIUS to probe Chinese control of medical device startup

According to reports, a medical-device startup in Minnesota is being sabotaged by a Chinese investor seeking to take control of the company. Now a Congressional leader wants CFIUS to take a closer look. But is national security at stake, or just economic interests? Details and the letter are inside.

China’s foreign lending portfolio is “vastly larger” than expected

China’s foreign lending portfolio is “vastly larger” than expected

A new report shines a first-ever spotlight on China’s opaque lending and grant-giving activity, tracking more than 30,000 projects in 179 countries. According to the report, China’s use of exotic credit instruments and shell companies has rendered much of its portfolio invisible. Details, report inside.

Understanding where U.S. and EU policies diverge on China matters

Understanding where U.S. and EU policies diverge on China matters

A new report from a nonpartisan think tank has mapped out where the U.S. and European Union diverge on policies related to China. While the U.S. and Europe were largely aligned during and after the Cold War, the EU “has fallen behind the U.S. shift from engagement to balancing.” Details inside.

China adds U.S. cos. to its export control and “unreliable entity” lists

China adds U.S. cos. to its export control and “unreliable entity” lists

Last week, China imposed export controls against three U.S. companies, and added three others to its list of “unreliable entities,” effectively banning them from trade with China. The companies mentioned are engaged in what China calls “military-technical cooperation” with Taiwan. Details, meaning inside.

List of Chinese military companies operating in U.S. updated by DOD

List of Chinese military companies operating in U.S. updated by DOD

Right after the new year, the Office of the Under Secretary of Defense published an update to its list of Chinese military companies, adding more than 100 entities. The latest update add companies that Congressional leaders had pressured the DOD to include, including CATL. Details, list inside.

Report says “hundreds of millions” in U.S. research has helped China

Report says “hundreds of millions” in U.S. research has helped China

A new report shows how the Chinese defense industry has benefited from technological advances developed by U.S. funded researchers. Specifically, joint institutes between researchers in the U.S. and China have served as conduits for transferring critical technologies to China. Details, report inside.

Lawmakers want probe of Microsoft deal with Abu Dhabi AI firm G42

Lawmakers want probe of Microsoft deal with Abu Dhabi AI firm G42

Two Republican Congressmen have requested a classified briefing from the Biden administration regarding a partnership between Microsoft and G42, an artificial intelligence firm based in Abu Dhabi. Of concern: The company’s ties to the Chinese government, and to blacklisted companies there.

Four venture capital firms receive letters from China Select Committee

Four venture capital firms receive letters from China Select Committee

Last week, the House Select Committee on the Chinese Communist Party sent letters to four venture capital firms, demanding details about the firms’ investments in Chinese AI, semiconductors, and quantum computing. And this just the beginning. The letters and implications are inside.

A look at the national security laws in China facilitating tech transfer

A look at the national security laws in China facilitating tech transfer

China has several national security laws that require citizens and businesses to cooperate with law enforcement and intelligence agencies. These regulations also present an opportunity to facilitate technology transfer and conduct espionage. Details and a downloadable cheat sheet inside.

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.