By Scott Flicker (October 3, 2017, 2:45 PM EDT) -- In March of 2016, we warned of a coming showdown between the U.S. and China arising out of the perception that the Committee on Foreign Investment in the United States was unfairly restricting Chinese deals in a process that is neither objective nor transparent.[1] Our prediction of heightened tensions borne of an increasing flow of Chinese investment targeting ever more sensitive companies and technology was correct. Some high-profile deals (such as ChemChina/Syngenta) did win CFIUS clearance in 2016, but the year ended on a dramatic note, when President Barack Obama issued an order blocking a Chinese investor from completing a tender offer for shares of a German semiconductor equipment manufacturer on the grounds that the change in indirect ownership of the target's U.S. business was adverse to U.S. national security.[2]...