How China's Version Of CFIUS Will Expand Security Reviews

By Guogang Li (March 19, 2019, 4:17 PM EDT) -- In August 2018, the U.S. Congress passed, and President Donald Trump signed, the Foreign Investment Risk Review Modernization Act, or FIRRMA, largely supposed by analysts and legal observers to be targeting China's investments in the United States. Under current tense Sino-U.S. trade relations, China has committed to reducing restrictions on foreign investment and passing amendments to its foreign investment law, due to be enacted in March 2019....

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