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‘NEW NAFTA’ TRADE AGREEMENT CAUSE FOR CHINESE CONCERN

By Levi Rasmussen – On September 30th, the United States, Canada, and Mexico renegotiated their free trade agreement, settling ongoing tension regarding economic relations among the three countries. Various analysts reacted to a specific clause in the agreement, claiming…Read More Here.

THE CHINA HARDWARE HACK

By Levi Rasmussen – Early morning on October 4th, Bloomberg Business Week posted an article titled “The Big Hack”. The article cited 17 accounts of hardware manipulation found in server motherboards of nearly 30 American companies, Apple and Amazon among them. U.S. government officials claim that a sector of China’s People’s Liberation Army….Read More Here.

CHINA’S PRESIDENT BACKS PRIVATE SECTOR

By Levi Rasmussen – On September 27th, China’s President Xi Jinping vowed publicly to support China’s private sector, stating, “We will create a sound legal environment and further improve the business environment for private companies.” Among the recent U.S-China trade war turmoil….Read More Here.

Opinion: Why China refuses to Negotiate with a “knife to the neck”

Seattle, WA – Many of us found it odd when a top Chinese official stated on Sept 25 that “The United States is ‘holding a knife to our neck’ to force trade concessions.” This statement was made in the wake of the latest round of escalations in the trade dispute between China and the United States, in which the Trump administration has initiated tariffs on $200 billion dollars of imported goods from China… – Frazier Lowell

Event Brief: Understanding the Foreign Investment Risk Review Modernization Act (FIRRMA)

Washington, DC – On September 25, FAO Global Founder, Brandon Hughes, was front row for an event on understanding the Foreign Investment Risk Review Modernization Act (FIRRMA) which was signed into law on August 13, by United States President Donald Trump. The event brought together many notable speakers, to include U.S. Congressman and Chairman of the House Financial Services Committee, Jeb Hensarling (R-TX), as well as Heath P. Tarbert, the Assistant Secretary for International Markets and Investment Policy; U.S. Department of the Treasury.

CFIUS Blocks Chinese Acquisition of US Firm

The deal made between Chinese conglomerate HNA Group and American company SkyBridge Capital, a hedge fund led by Anthony Scaramucci, a former aide to U.S. President Trump, has fallen through. The Committee on Foreign Investment in the United States (CFIUS)….Read More Here. – Adriana Ray

India not enthusiastic about China’s Belt & One Road Initiative

China did not get the support it was looking for from India regarding Beijing’s One Belt One Road Initiative (BRI) following an important security bloc meeting Tuesday, April 24. India’s Prime Minister Modi is expected to visit Chinese President Xi Jinping in China later this week to discuss India’s potential membership. – Adriana Ray

China, Japan to establish Belt and Road Council

As of May 8th, the Japanese and Chinese governments have announced plans to create a council to discuss joint China’s Belt and Road Initiative (BRI) projects in other nations. Prime Minister Shinzo Abe and Chinese Premier Li Keqiang are expected to formally establish the council during the Japanese, Chinese, South Korean summit happening May 9. – Adriana Ray

Event Brief: Belt and Road Initiative Forum in Xiamen, China

Xiamen – On September 9th, FAO Global CEO Brandon Hughes, attended an all-day forum focused on the Belt & Road Initiative (BRI) from both a Chinese business perspective and government. This forum was part of the 20th China International Fair for Investment and Trade held in Xiamen City, Fujian province, China. The event was attended by provincial and city leaders from Xiamen and Fujian, as well the Ambassador to Beijing from Slovakia, the U.S. State Department, and an emissary from Egypt. – Brandon Hughes