On Oct 3, the team from Center for China and Globalization (CCG) visited the office of John Cornyn, the Senator of the Republican Party and Nathan Wolf. The two sides exchanged their opinions on the investment investigation launched by Committee on Foreign Investment in the United States (CFIUS), the Belt and Road Initiatives and China and America’s cooperation on Infrastructure construction.
As the main supporter of the investigation of CFIUS, John Cornyn advocated the strict investigation of the investment in America. Prior to the visit, during the symposiums CCG organized surrounding the economy, trade and investment of China and America, many Chinese companies claimed that CFIUS’s investigation into the investment in America was too harsh with Chinese companies. Hence, during the conversation with Nathan Wolf, the team of CCG on behalf of Chinese companies expressed their concerns for the process and the transparency of the investigation as well as its being too strict with Chinese companies.
As a think tank, CCG has been attempting to communicate the message to the senators of the Congress and improve the environment for the trade between China and America. It shows the efforts CCG has been making to help Chinese companies experience further business growth abroad.
Prior to President Trump’s visit to China and after the first- round cultural and social communication between China and America led by Liu Yandong, the Vice Premier of State Council, the cultural exchange between the two countries has been the main force in driving the long-term development of the two countries’ relations. Through this visit, CCG aims to deepen the mutual trust and understanding between the two countries and help think tanks play a bigger role in influencing government policies and the development of companies.
CCG’s week-long journey to America started on Sep 29 and will last until Oct 4. During the journey, the team of CCG visited Council on Foreign Relations, Asia Society, National Committee on United States-China Relations and Committee of 100 in New York. In Washington D.C, it organized several symposiums with world-class think tanks in the U.S., which included Asia Society Policy Study Institute, AEI, the Heritage Foundation, Center for American Progress, American Migration Policy Institute, Brookings Institute, CSIS, Wilson Center Kissinger Institute on China, and PIIE.
The Profile of John Cornyn
John Cornyn, the Senior Senator from Texas, serving since 2002. He is a member of the Republican Party and the current Senate Majority Whip for the 115th Congress. Cornyn previously served as Chairman of the National Republican Senatorial Committee from 2007 to 2011. Cornyn was ranked by National Journal as the fourteenth-most conservative United States Senator in their 2013 rankings.
The participation of Chinese enterprises in the development of the Belt and Road Initiative involves successive echelons of participation, and private enterprises are increasingly involved in the initiative, the Report on Chinese Enterprises Globalization indicates.
CCG’s Blue book Report on Chinese Enterprises Globalization (2017) was published by the Social Sciences Academic Press in Beijingon Nov. 8, 2017. Deputy Editor in Chief of Social Sciences Academic Press Cai Jihui and CCG President Dr. Wang Huiyao jointly presented the report.
The Center for China and Globalization (CCG) launched its Hong Kong Council on Nov. 12, 2017. Mr. Leung Chun-ying, the vice chairman of the CPPCC and former Chief Executive of the Hong Kong SAR, addressed the ceremony. Tung Chee-hwa, the vice Chairman of the CPPCC and the first Chief Executive of the Hong Kong SAR, sent a letter to congratulate the event.