Home  ›  News  ›

Trump Tasks CFIUS to Keep China Investments In Check

Article Comments  

Jun 27, 2018, 9:36 AM   by Eric M. Zeman

The Trump administration has backtracked a bit on planned restrictions to Chinese investment in U.S. technology firms. Rather than institute a blanket ban, Trump will rely on the Committee on Foreign Investment in the United States (CFIUS) to manage individual transactions as they are needed. "CFIUS is able to respond appropriately to different threats on different technologies posed by different entities from different countries," said a Treasury Department official. Congress recently expanded the powers available to CFIUS to protect national security issues.

Reuters »

Related

Comments

This forum is closed.

This forum is closed.

No messages

 
 
Page  1  of 1

Subscribe to news & reviews with RSS Follow @phonescoop on Threads Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram

 

Playwire

All content Copyright 2001-2024 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.