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, 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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