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Tencent has invested in a new gaming start-up every 3 days this year
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Davis Polk Welcomes Leading International Trade and National Security Lawyer Paul Marquardt in Washington DC
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Biden drops Trump s TikTok ban
The Commerce Department will now examine all transactions with Chinese tech firms that could pose a national security risk to the US
9 June 2021 • 6:36pm
Joe Biden has withdrawn Donald Trump s attempt to ban TikTok from the US, heralding a new phase of relations with Chinese tech companies.
The president cancelled three executive orders that had sought to ban TikTok from the US and block US businesses from dealing with it and WeChat, another popular Chinese app.
In their place, he ordered the US Commerce Department to investigate any transactions with companies tied to a foreign entity that might pose an unacceptable risk to national security.
GOP ire imperils bipartisan plan to confront China POLITICO 3 days ago By Andrew Desiderio and Gavin Bade © Pete Marovich/The New York Times via AP Sen. Ron Wyden (D-Ore.) left, talks with Sen. Mike Crapo (R-Idaho) before the Senate Finance Committee on May 12, 2021.
Last-minute Senate drama is threatening to upend what many in Washington see as the last major bipartisan victory the chamber can get this year.
Republicans are indicating that they may derail debate on a massive Senate bill confronting China’s growing economic and geopolitical influence before the Senate leaves town for a recess later this week. Some in the GOP are pressing for more votes on their amendments to the China legislation, a top priority of Majority Leader Chuck Schumer.
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