Credit: Shutterstock.com Traffic Jam: CFIUS Is Slowing Chinese Investment in the US to a Crawl
Chinese direct investment into the United States, once a key driver of global M&A activity, has dropped to its lowest point since the 2008-09 global financial crisis.
April 16, 2020 at 10:26 AM
4 minute read
The original version of this story was published on The American Lawyer
The Committee on Foreign Investment in the United States recently gave the go-ahead to a Chinese acquisition in the U.S.: Citiking International, a Chinese-controlled investment fund, has been approved to acquire Albuquerque, New Mexico-based private jet-maker ONE Aviation. While Citiking's clearance, handled by Wilson Sonsini Goodrich & Rosati, is certainly good news in the M&A space, it's becoming increasingly rare.
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