Trump Effort to Keep U.S. Tech Out of China Alarms American Firms

The administration wants to protect national security by restricting the flow of technology to China. But technology companies worry it could undermine them instead. A Trump administration proposal would allow Commerce Secretary Wilbur Ross to block certain transactions involving technology tied to a “foreign adversary.” The Trump administration’s push to prevent China from dominating the market … https://nyti.ms/38BzJAa

China’s Communist Party Centralizes Power Over Finance and Pollution Control

The Chinese government said on Tuesday that it planned to overhaul supervision of the country’s debt-ridden financial sector, its environmental regulators and other essential government agencies in a broad move intended to further consolidate the Communist Party’s hold on official levers of power. Premier Li Keqiang asked the National People’s Congress, the country’s … http://nyti.ms/2tRMx5s

Beijing Is Silencing Chinese-Australians

CANBERRA, Australia — On a September night in 2016, I took my seat at a theater in the heart of Canberra for a Chinese national day celebration organized by the pro-Beijing Chinese Students and Scholars Association. There was a commotion and all of the seats around me were suddenly filled by men in black suits communicating with walkie-talkies. They followed me into the. … http://nyti.ms/2BNyq4C

China Opens Up Debt-To-Equity Swaps, Tightens Rules on Insurers’ Investments

China will allow banks to set up private equity funds that can raise capital for firms taking part in the country’s debt-for-equity swap scheme, which was set up to ease the debt burden of state-owned enterprises. The state planner said on its website on Friday it will allow qualified listed and non-listed companies to issue common shares, preference shares or convertible … http://nyti.ms/2Bu1IR6