China’s ambitions to obtain advanced technologies, including technologies with military implications, have raised longstanding concerns about its use of investments abroad to gain access to sensitive technologies, data, and infrastructure.
In 2018, the US Congress moved to address this issue by enacting an overhaul of the government’s interagency Committee on Foreign Investment in the United States (CFIUS), expanding its scope to examine Chinese investments in companies with business in the United States and modify or block them if necessary. The US and our allies must remain vigilant to block attempts by authoritarian regimes to gain access to critical technologies through strategic investment.
Biden Signs Executive Order to Ensure Reviews of National Security Risks by Committee on Foreign Investment
First-Ever Presidential Directive Defining Additional National Security Factors for CFIUS to Consider in Evaluating Transactions
The Committee on Foreign Investment in the United States (CFIUS) released its unclassified Annual Report to Congress, shedding light on the evolving role that inbound investment screening plays in US economic security.