Investment Blog

The European Union and China agreed to the EU-China Comprehensive Agreement on Investment (CAI) on December 30, 2020. A call between Chinese President Xi Jinping and top European dignitaries (including EU Commission president Ursula von der Leyen, German Chancellor Angela Merkel, and French President Emmanuel… Read More »EU and China Complete Comprehensive Investment Agreement

On November 12, 2020 President Donald Trump signed Executive Order 13599 (the “Order”) aimed at preventing Americans and American entities from investing in Chinese companies that “support the PRC’s military, intelligence, and security apparatuses”. The order applies to 31 companies, some of which are already… Read More »Trump Signs November 12 Executive Order Banning Investment in Chinese Firms with Military Ties

On October 25, 2020, Cenovus Energy announced that it was purchasing Husky Energy in a deal worth $3.8 billion, or $23.6 billion inclusive of debt. The merger between the two Calgary-based oil and gas firms is expected to be completed in the first quarter of 2021. It… Read More »Hong Kong-linked Husky to Combine with Cenovus in $3.8 B Deal

On September 17, the Rhodium Group and the National Committee on U.S.-China Relations (NCUSCR), using data from the U.S.-China Investment Project, published a report updating US-China investment trends over the first half of 2020. The Australian National University (ANU)’s Chinese Investment in Australia (CHIIA) Database also released its 2019… Read More »New Data from U.S., Australia Confirms Downward Trend in Outward Chinese Investment

On September 1, 2020, PetroChina Canada Inc. and Ovintiv (formerly Encana) announced the formal dissolution of their Duvernay shale gas joint-venture project. The Canadian Press reports that the “acreage is being split between the two and each will wind up with the same production of about 13,000… Read More »PetroChina and Ovintiv Dissolve Alberta Joint-Venture Project

A set of high profile European visits by top Chinese diplomats has drawn attention to the China-EU relationship in recent weeks. Yang Jiechi, director of the Office of the Foreign Affairs Commission of the Communist Party of China, is touring Spain and Greece (in addition to Myanmar)… Read More »China Promotes Investment Deal Ahead of EU Summit

On August 14, 2020, the Trump Administration issued an executive order that formally directed ByteDance, the Chinese technology company, to divest from video-sharing app TikTok. This move falls under the regulatory authority of the Committee on Foreign Investment in the United States (CFIUS), an interagency committee responsible… Read More »Trump Administration & CFIUS Force TikTok Divestment

On June 30, 2020, China’s Standing Committee of the National People’s Congress (NPCSC) passed and implemented the widely anticipated Law of the People’s Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region, generally referred to as simply “the national security law.” This… Read More »Hong Kong National Security Law: Investment & Business Implications

China-Canada and China-U.S. relations have been tumultuous over recent years with the arrest of Huawei CFO Meng Wanzhou, the trade war, inflammatory Covid-19 rhetoric, and a number of other smaller grievances creating widespread tension. This has had real impacts on the investment landscape between China… Read More »Worsening Investment Relations with China Laid Bare in New Risk Assessment

A recent Globe and Mail article reported on comments made by Richard Fadden, a former head CSIS, who suggested that the planned takeover of a Canadian mining company, TMAC Resources, by the Shandong Gold Mining Corporation, a Chinese State-Owned Enterprise (SOE), could pose risks to… Read More »Shandong Gold Mining Co. Ltd. Moves to Acquire TMAC Resources Inc. Former Head of CSIS Voices Concern