Home  ›  News  ›

Trump Tasks CFIUS to Keep China Investments In Check

Article Comments  

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

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 »



This forum is closed.

This forum is closed.

No messages

Page  1  of 1

Subscribe to news & reviews with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2020 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.