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US President Orders First-Ever Real Estate Divestment Following CFIUS Review

On May 13, 2024, President Biden issued an Order blocking the purchase and requiring the divestment of Chinese-owned real estate that is the location of a cryptocurrency mining facility near F.E. Warren Air Force Base, a...more

US Congress Extends Statute of Limitations for Sanctions and Export Controls

On April 24, 2024, President Biden signed into law H.R. 815, the National Security Supplemental (the “Act”). While much of the focus centered on the foreign aid package for Israel, Ukraine, and the Indo-Pacific, the bill...more

Nine House Democrats Urge Biden Administration to Take Additional Steps to Counter Threat Posed by China’s Automotive Exports

On April 9, 2024, nine House Democrats wrote US Trade Representative Katherine Tai, urging “additional action of the imminent danger posed by the expansion of Chinese automotive exports.” The nine House Democrats include five...more

US Investment Ban Targeting Companies Deemed Linked to Chinese Military Expanded to Chinese Surveillance Technology Sector

A new executive order (the “EO”) signed by President Biden on June 3, 2021, amends existing prohibitions on US investments in companies that the US government has determined support the military of the People’s Republic of...more

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