Here at our CUSEF blog, we share news, updates and stories about China and the United States. We provide more than a cursory glimpse of what’s going on between the two powers - here, we offer an in-depth look into their current state of affairs.

The Exchange

The Exchange - March 3, 2023

  • U.S. House Committees Hold China Hearings | The newly established House China Committee held its first hearing to discuss the potential threats posed by the Communist Party of China. Earlier that day, the House Financial Services Committee advanced several China-related sanctions legislation. Meanwhile, the House Foreign Affairs Committee held another hearing on China policy and advanced a bill giving President Biden the power to ban TikTok. Observers see the hearings and bills as signs of a rising hawkishness in the U.S. House.
  • U.S. Sanctions More Chinese Companies For Ties To Russia | The U.S. Department of Commerce imposed sanctions on five more Chinese companies, accusing them of links to “Russia’s defense-industrial sector and war effort.” Chinese Foreign Ministry protested, calling the sanctions “long-arm jurisdiction” and bullying.
  • Report of Covid Lab Leak in China | The U.S. Energy Department issued a statement suggesting that COVID-19 might have come from a laboratory leak in China. This statement was based on a classified intelligence report and made with "low confidence." In response, China rejected the report and accused the U.S. of politicizing efforts to trace the virus's origins.

Read the full report here.

Subscribe here

Your May Also Like
Traveling with CUSEF
Digitalizing the Renminbi: How China is Embracing the Future with e-CNY
The Exchange
The Exchange - March 24, 2023
The Exchange
The Exchange - March 17, 2023