Evaluating CFIUS in 2021

The Committee on Foreign Investment in the United States (CFIUS) released its unclassified Annual Report to Congress for 2021 on August 2, 2022. The first comprehensive review of expanded CFIUS activities authorized by the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), this new report sheds light on the evolving role that inbound investment screening plays in the U.S. economic security toolkit. Significant growth in the number of CFIUS notice filings, covered notice reviews, and investigations suggest a future where U.S. economic security concerns will continue to intersect with cross-border financial and technological flows, particularly with China.

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