(Credit: Nuthawut / AdobeStock) When the US Ups Its Investment Controls, Will China Deal Lawyers Feel More Pain?
A recent executive order issued by U.S. President Joe Biden heightened the level of scrutiny of inbound deals in certain sensitive industries. And now the U.S. is weighing legislation that calls for a "reverse CFIUS," which will add government scrutiny to outbound transactions.
October 30, 2022 at 08:01 PM
6 minute read
International - Asia and Australasia
For many years now, major U.S. funds have poured billions of dollars into China's myriad of startups endorsing the likes of ByteDance Ltd., the Chinese technology conglomerate and owner of popular social media app TikTok, as well as e-commerce giants Alibaba Group and JD.com. However, the effects of geopolitics have seriously constrained the level of activity in recent years.
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