Discussion on US Foreign Direct Investment into Chinese Companies and the Call for Reciprocity in Investment Regulations

Two events last week made the priorities and positions of Beijing and Washington clearer. First, thousands of delegates came together for the opening of the annual Two Sessions, which includes China’s National People’s Congress and the Chinese People’s Political Consultative Conference. Second, the House Select Committee on Strategic Competition between the United States and the Chinese Communist Party held a hearing titled “The Chinese Communist Party’s Threat to America.” Miles Yu and Wilson Shirley discuss what to make of these meetings (including what they say about Xi Jinping’s policies going forward), how the US Congress is building on the bipartisan consensus about the China challenge, and how America can respond to the most serious threat it has faced in decades.

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