The most recent and prominent United States (US) attempt to limit cooperation with Chinese life science businesses has stalled, but is hardly dead. Current Speaker of the House Mike Johnson said he intends to have the BIOSECURE Act signed into law before the end of 2024.[1] Irrespective of the impasse,...
Tag: China
July 17, 2024
Tesla’s top brass, employees, and shareholders must be charged up about the surfeit of good news in the People’s Republic of China (PRC) over roughly the past three months after the world’s most famous electric vehicle (EV) firm hit a slew of potholes there. In late April, PRC Premier Li...
July 12, 2024
In early July 2024, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) orchestrated a 1-1/2 day workshop on Chinese overseas ports in Africa and the Middle East. This workshop, organized, hosted, and sponsored by the Wong MNC Center, brought together academics, analysts,...
On May 7, 2024, FinanceAsia interviewed Dr. Jean-Marc F. Blanchard, Founding Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations about the implications of US government restrictions on portfolio investment in Chinese assets, the direction of American policy on investment restrictions, and the...
March 25, 2024
The United States (U.S.) government (USG) has long wanted to enervate TikTok, which hosts short-form videos and whose owner is China’s ByteDance. USG and subnational efforts have come in the form of Presidential Executive Orders, Committee on Foreign Investment in the United States (CFIUS) divestiture orders, proposed legislation in the...
In January 2024, Congressman Mike Gallagher, the Chair of the United States (US) House Committee on the Chinese Communist Party, introduced the “Biosecure Act,” which prohibits the US government (USG) from “procuring or obtaining biotechnology equipment or services produced or provided by a biotechnology company of concern,” participating in a...
January 5, 2024
The Belt and Road Initiative (BRI) has generated so much commentary that it is conceivable that if one printed out all the relevant pages and laid them end-to-end the length might approach that of all the railway track laid under the aegis of the BRI![i] Further commentary seems even more...
March 25, 2023
China’s 20th Party Congress in October 2022 and its March 2023 “Two Sessions” revealed the new top leadership of the Chinese Communist Party (CCP), confirmed China’s top government officials, shed light on the CCP’s current agenda, concerns, and dogmas, promulgated new policies, and presented the government’s work program. On the...
December 29, 2022
In mid-December 2022 in the San Francisco Bay Area, the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) hosted a 1-1/2 day workshop entitled Chinese Overseas Ports in Southeast and South Asia: Profiling Problems and Progress. This gathering, also orchestrated and funded by...
December 28, 2022
The United States (US) Public Companies Accounting Oversight Board (PCAOB), part of the Securities and Exchange Commission, has a variety of duties, one of which is to “inspect registered public accounting firms’ audits and quality control systems.” It had been unable to do this, however, in the case of many...
