Chinese Businesses Hoping to Expand in The US Face Uncertainty and Suspicion
U.S. wariness of China, coupled with Beijing's desire to protect its technological competitiveness, threatens to rupture ties between the world's two largest economies. read more >
by Associated Press -
US Proposes Rules to Stop Americans From Investing in Chinese Technology with Military Uses
The proposed rule would restrict and monitor U.S. investments in China for artificial intelligence, computer chips and quantum computing. read more >
by Associated Press -
US Plans to Impose Major New Tariffs on EVs, Other Chinese Green Energy Imports
There is the risk that tariffs could lead to a broader trade conflict between the two countries as they respond to each other's moves. China is seeking to create a technological edge and move up the economic chain. read more >
by Associated Press -
Biden Vows to Block Japanese Acquisition of US Steel
“American-owned, American-operated by American union steelworkers — the best in the world — and that’s going to happen, I promise you,” he said. read more >
US Will Push China to Change Policy That Threatens American Jobs, Yellen Says
The U.S. and Europe fear that manufacturing overcapacity in China will flood domestic markets with low-priced goods and overwhelm factories at home. read more >
by Associated Press -
Recession Risks are Fading, Business Economists Say, but Political Tensions Pose Threat to Economy
A growing share of business forecasters worry that the Fed is keeping rates unnecessarily high. read more >
by Associated Press -
US Companies are Picky About Investing in China. The Exceptions? Burgers and Lattes
American fast-food chains have decided a market of 1.4 billion people is simply too delicious to pass up. read more >
by Associated Press -
House Panel Urges Tougher Trade Rules for China, Raising Chance of More Tariffs
WASHINGTON (AP) — A special House committee focused on China is calling for altering the way the U.S. treats Chinese-made goods, possibly subjecting them to higher tariffs even if its […] read more >
by Associated Press -
State Reviews 2 Companies’ Possible Ties to China
Arkansas Department of Agriculture Secretary Wes Ward has asked Attorney General Tim Griffin to investigate two companies’ possible ties to the Chinese government under a new state law that bans […] read more >
French Hill: US Should Take ‘Targeted’ Approach to Oversight of Outbound Investments
Republican U.S. Rep. French Hill of Arkansas is not opposed to passing legislation that would prevent American companies from investing in Chinese enterprises that develop specific types of technologies that […] read more >
by Lara Farrar -
Bitcoin Mining Outcry Comes to a Crescendo
Concerned citizens in DeWitt are fighting plans for more bitcoin mining, and state Sen. Bryan King, R-Green Forest, and Arkansas Rice Growers Association Chair Kenneth Graves have joined their cause. read more >
by Kyle Massey -
AG Tim Griffin Orders China-Owned Company to Divest Arkansas Farmland
About 160 acres of land in northeast Arkansas is owned by Northup King Seed Co., whose ownership can be traced to a Chinese state-owned enterprise, Griffin said. read more >
Report: Tyson Looking to Sell Its Poultry Business in China
The report by Reuters, which cites three unnamed sources with knowledge of the matter, said that Tyson has hired Goldman Sachs to advise on the sale. read more >
Congress Eyes New Rules for Tech: What’s Under Consideration
Tech regulation is gathering momentum on Capitol Hill as concerns skyrocket about China's ownership of TikTok and as parents navigating a post-pandemic mental health crisis have grown increasingly worried about what their children are seeing online. read more >
by Associated Press -
House Votes to Restore Solar Panel Tariffs Paused by Biden
The 221-202 vote sends the measure to the Senate, where lawmakers from both parties have expressed similar concerns about what many call unfair competition from China. read more >
by Associated Press -
Report: Chinese State-Sponsored Hacking Group Highly Active
The group is focusing on a broad range of targets that may be of strategic interest to China's government and security services. read more >
by Associated Press -
Decision to Shoot Down Balloons Puts Spotlight on Hobbyists
They insist their balloons fly too high and are too small to pose a threat to aircraft and that government officials are overreacting. read more >
by Associated Press -
States Weigh Limits on Foreign Farm Ownership After Chinese Balloon
U.S. Sen. Jon Tester, a Democrat, is sponsoring legislation to include agriculture as a factor in national security decisions allowing foreign real estate investments. read more >
by Associated Press -
IMF Upgrades Outlook for the Global Economy in 2023
It now expects the world economy to grow 2.9% this year. That forecast is better than the 2.7% expansion for 2023 that the IMF predicted in October. read more >
by Associated Press -
Report: World’s Coal Use Reached New High in 2022
Coal use grew by only 1.2% in 2022, but the increase pushed it to all all-time high of more than 8 billion metric tons, beating the previous record set in 2013. read more >
by Associated Press -
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