Credit: Slay/Shutterstock.com Amid Regulatory Shift, Lawyers Warn of Possible Deal Tension Between U.S. and China
Skeptical of a deal to allow the U.S. to audit Chinese U.S.-listed companies, lawyers also say U.S.-China trade tensions could be further damaged by "reverse CFIUS," a proposed law under which the U.S. government could prohibit investments into China it deems a threat to certain domestic capabilities.
August 30, 2022 at 05:24 PM
7 minute read
The original version of this story was published on Law.com International
Lawyers have serious doubts that an agreement reached between Chinese and U.S. regulators to allow U.S. authorities to vet audits of U.S.-listed companies will pave the way for unfettered access to Chinese issuers' documents, a move that, if successful, could ease commercial tensions between the U.S. and China.
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