On February 4th, the Ministry of Commerce issued the "Announcement of the Working Mechanism for the List of Unreliable Entities on Adding the US PVH Group and Inmeina Company to the List of Unreliable Entities". In order to safeguard national sovereignty, security and development interests, in accordance with the Foreign Trade Law of the People's Republic of China, the National Security Law of the People's Republic of China, the Anti-Foreign Sanctions Law of the People's Republic of China and ot...
On January 2nd, in accordance with the relevant provisions of laws and regulations such as the Export Control Law of the People's Republic of China and the Regulations of the People's Republic of China on Export Control of Dual-Use Items, in order to safeguard national security and interests and fulfill international obligations such as non-proliferation, it was decided to add 28 US entities such as General Dynamics to the export control list (see annex), and to take the following measures: 1. I...
On January 2nd, the Ministry of Commerce issued an announcement on the adoption of unreliable entity list measures against 10 US companies including Lockheed Martin Missile and Fire Control Company, and took the following measures: 1. Prohibit the above-mentioned enterprises from engaging in import and export activities related to China; 2. Prohibit the above-mentioned enterprises from making new investments in China; 3. Prohibit the entry of senior managers of the above-mentioned enterprises; 4...
U.S. Department of Commerce: U.S. Chip Program announced up to $300 million in funding to promote the development of the U.S. semiconductor packaging industry.
At 20:30 Beijing time, the U.S. Department of Commerce will release the Personal Consumption Expenditures Price Index (PCE), a broad indicator that covers the prices consumers pay for various goods and services and their spending preferences. The Federal Reserve prefers to use the PCE index rather than the Labor Department's Consumer Price Index (CPI) because the former takes into account changes in consumer behavior, such as alternative purchases, and is broader in scope. For July's PCE reading...
On August 3rd, according to News.bitcoin, the Department of Financial Institutions Group (DFI) of the Ohio Department of Commerce recently announced that it has ordered cryptocurrency exchange Coinzoom Inc. to immediately cease operations in the state. Coinzoom has a currency transfer license in Ohio, offers a variety of financial products, and supports more than 30 cryptocurrencies. The directive went into effect on August 1 and prohibits Coinzoom from accepting new business or assets from Ohio...
The Hawaii State Department of Commerce and Consumer Affairs and the Hawaii Technology Development Corporation (HTDC) issued an announcement Friday to remind the public that its regulatory sandbox, the Digital Currency Innovation Lab (DCIL), has ended on June 30. Cryptocurrency companies will no longer need a money transfer license issued by the state of Hawaii to conduct business in the state. However, they must comply with federal regulations. DCIL is a two-year pilot program in Hawaii establi...