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CFIUS and the U.S. Senate's Anti-China Bug

Last week, senators from both parties finally came together for a common objective: stopping the $4.7 billion sale of America’s largest pork producer to China. Their reason? The sale of Smithfield Farms to a Chinese company, Shuanghui, could pose a threat to America’s critical infrastructure. The Senators wanted the Committee for Investment in the United States (CFIUS) to ....

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High Off the Hog

Hongshaorou “red braised” pork belly, a classic Chinese dish is cooked with ginger, garlic, and soy sauce until the squares of fatty meat are so tender they dissolve in the mouth. Once a luxury, this succulent delicacy was known to be a favorite meal of Chairman Mao Zedong, but today is enjoyed by both ordinary Chinese and wealthy alike, a symbol of China’s shift from an ....

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Mapping Fallout From 'Black Monday': Who Was Hardest Hit?

August 24, which some have already dubbed “Black Monday,” was not a kind day to global equity markets. The rout began with a massive sell-off in China, where the benchmark Shanghai Composite Index plunged 8.49 percent in just one day. Those losses echoed in major indices worldwide, including those of Japan (down 4.61 percent), Germany (down 4.70 percent), and the United States ....

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Villain or Hero for Stock Market Saga?

An obscure equities-trading finance agency that brokers often slighted in favor of bank loans has suddenly taken center stage in the drama playing out in the stock market.But reviews are mixed over whether the four-year-old, quasi-governmental China Securities Finance Corp. ....

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