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Only Policy#Legal action
  1. SCMP China90

    US Treasury issues first outbound investment fine, penalizes Plug and Play parent US$200,000

    The US Treasury announced its first penalty under outbound investment rules, fining Amidi, LLC US$200,000 for failing to report a US$92,478 investment in Shanghai Qiongche Intelligent Technology, a robotics AI company. The Treasury said the parent of Plug and Play Tech Centre's Chinese fund subsidiary did not submit the required notification.

    美国财政部首次依据对外投资规定处罚，向Plug and Play母公司罚款20万美元

    美国财政部宣布依据对外投资规定实施首次处罚，向Amidi LLC处以20万美元罚款，原因是该公司未按规定报告其中国基金子公司对上海琼彻智能科技有限公司（一家机器人AI公司）约9.25万美元的投资。财政部表示，Plug and Play Tech Centre母公司的中国子公司未提交所需通知。

    Why it matters: First outbound investment penalty signals Treasury is actively enforcing notification rules on US capital flowing into Chinese AI companies, not just talking about them.

  2. SCMP China75

    U.S. Labor Dept investigates 9 universities over alleged J-1 visa fraud targeting Chinese scholars

    The Trump administration, through the Department of Labor's inspector general, announced an investigation into nine US universities over alleged J-1 visa fraud, with officials expressing concerns about Chinese scholars and the Chinese government. Anthony D'Esposito, inspector general of the US Department of Labor, announced the investigation at a Thursday press conference.

    美国劳工部调查9所大学涉嫌J-1签证欺诈，重点关注中国学者

    特朗普政府通过劳工部监察长宣布对9所美国大学涉嫌J-1签证欺诈展开调查官员对中国学者和中国政府表示关切。美国劳工部监察长安东尼·德波西托在周四的新闻发布会上宣布了这一调查。

    Why it matters: The investigation targets the J-1 exchange visitor program used by Chinese researchers and students, signaling heightened visa scrutiny amid broader US-China academic ties tensions.

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