Chinese Acquisitions Even More Uncertain In New CFIUS Era

Law360 (October 10, 2019, 3:58 PM EDT) -- In today’s day and age, you cannot read newspapers or listen to podcasts without coming across the ongoing economic conflict and the deteriorating trade relations between the world’s two largest economies — the United States and China.

While hostility toward Chinese-led inbound investment is no longer a new trend, the expansion of authority for the Committee on Foreign Investment in the United States by the virtual enactment of the Foreign Investment Risk Review Modernization Act, or FIRRMA,[1] has cast further doubt over how many inbound Chinese investments in the U.S. will actually close.

With more and more Chinese investments in the...

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