Author: Market Analysis by BDO Wealth Advisors Investment Committee Published: January 2021 With a new year upon us, and changes imminent on the political front, we revisit the concept of how having a…

Source: Paul,WeissOriginal Article Link M&A ended 2020 in the green, as activity increased by most measures in December. In the U.S., total deal value and deal count were up 59%…

Democrats Jon Ossoff and Raphael Warnock have now won the January 5, 2021, Senate runoff elections in Georgia, so the Democrats will have control of the Presidency, House of Representatives and Senate, giving them a governing mandate (the Georgia runoff election results have not yet been officially certified but this will take place before January 20, 2021).

The National Development and Reform Commission (“NDRC”) and the Ministry of Commerce (“MOFCOM”) of the People’s Republic of China issued the Measures on Security Review of Foreign Investments (the “Measures”) on December 19, 2020. The Measures will take effect on January 18, 2021.

CGCC member company Morrison & Foerster recently released a new client alert titled “New OFAC FAQS Clarifying and Broadening Sanctions on Chinese Military Companies,”

NEW YORK, NY- On Wednesday, January 8th, 2020, China General Chamber of Commerce – USA (CGCC) and CGCC Foundation, the largest non-profit organization representing Chinese investment in the United States, hosted the 2020 Lunar New Year Gala & 15th Anniversary Celebration at the New York Hilton Midtown in Manhattan.

NEW YORK – On November 21st, 2019, CGCC’s 15th Anniversary Photo Contest successfully came to a close. Organized by China General Chamber of Commerce-USA (CGCC) and CGCC Foundation, CGCC’s 15th Anniversary Photo Contest aimed to highlight the success and impact of Chinese investment and cooperation across America and the collaboration and friendship between Chinese businesses in the U.S. and their local American partners and communities.

On October 10th, China General Chamber of Commerce-USA (CGCC), CGCC Foundation and CGCC-Los Angeles hosted the “Chinese Investment in the U.S.: The Path Forward” in Los Angeles. About 150 guests from CGCC member companies, government officials, think tanks, and other organizations attended the event.

On September 17th, Xiao Yuqiang, CGCC Vice-chairman, Chairman of the US Management Committee of ICBC; Vivek K. Sarin, Interim Secretary of the Kentucky Cabinet for Economic Development and Jeff Liu, CGCC Board Director, President and CEO of Fuyao Group North America participated in a panel discussion focusing on Chinese Investment in the U.S. at the Vision China Forum: “China-US Relations: 40 Years and Beyond” held at the Asia Society in New York.

On September 17th, China General Chamber of Commerce – USA (CGCC) hosted a discussion of the documentary film, “American Factory,” which tells the story of the establishment of Fuyao Glass America’s auto glass factory in Moraine, Ohio. Held at the CGCC New York office, Jeff Liu, CGCC Board Director and President and CEO of Fuyao Group North America discussed the documentary and shared his experiences with other CGCC members and the media.