Category: Foreign Investments

U.S. Solar Makers Criticize Biden’s Tax Credits as Too Lax on China

U.S.-based manufacturers of solar products say rules issued by the Biden administration on Friday will “cement China’s dominance” over the solar industry
In China, the Police Came for the Consultants. Now the C.E.O.s Are Alarmed.

Foreign businesses, a top Chinese official said in March, “are not foreigners, but family.” Then came a crackdown on firms with foreign ties.
Even as China Reopens, Security Visits Spook Foreign Businesses

Fears are growing that the Communist Party’s increasing focus on control over information about markets and companies is behind the questioning of firms.
Ajay Banga Confirmed as World Bank Leader

Mr. Banga’s appointment to a five-year term was confirmed on Wednesday by the World Bank.
Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default

There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans.
China’s Car Buyers Have Fallen Out of Love With Foreign Brands

Domestic companies are now selling more vehicles than their multinational rivals, which have failed to keep up with Chinese consumers’ demand for electric cars and S.U.V.s.
Fight Over Corruption and Congo’s Mining Riches Takes a Turn in Washington

The New York Times – Business:
Dan Gertler, an Israeli billionaire, is pressing President Biden to remove sanctions that were imposed on him for bribe-fueled transactions in the impoverished African country.
The Undoing of Guo Wengui, Billionaire Partner to Trump Allies

The New York Times – Business:
He cultivated powerful allies and built an empire in China. Then, fleeing charges, he turned his charms on America. Now the law has caught up with him.
After Doling Out Huge Loans, China Is Now Bailing Out Countries

The New York Times – Business:
Beijing is emerging as a new heavyweight in providing emergency funds to debt-ridden countries, catching up to the I.M.F. as a lender of last resort.
U.S. Due Diligence Firm Says China Detained Its Employees

The New York Times – Business:
Five Chinese nationals were taken away last Monday, and the company, which does corporate investigations, and its law firm have been unable to contact them.
TikTok Pushed by U.S. to Resolve National Security Concerns

The New York Times – Business:
The demand hardens the White House’s stance toward the popular video app, which is owned by the Chinese internet company ByteDance.
A Hungarian Town Seethes Over a Giant Chinese Battery Plant

The New York Times – Business:
A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.