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Foreign Cos. Face New Questions In China M&A Review

Law360 (February 14, 2011, 8:08 PM EST) -- The Chinese government has set up a new committee in charge of reviewing mergers and acquisitions that pose potential national security concerns, a move antitrust experts say creates more uncertainty for foreign companies pursuing deals in China.

A high-level committee run by China's National Development and Reform Commission and its Ministry of Commerce, which houses the country's antitrust enforcer, will examine deals that give foreign investors a stake in Chinese enterprises in a number of key sectors, including defense, agriculture and energy, China's State Council said...
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