'Reverse CFIUS' Moves Closer to Reality: Highlights for Investors, Companies From Outbound Investment Actions
The U.S. government sees what U.S. market participants consider ordinary course relationship-building with Chinese investors and companies as a significant vector of national security risk.
August 16, 2023 at 03:07 PM
7 minute read
AnalysisOn Aug. 9, President Joe Biden issued the long-awaited executive order (EO) imposing outbound investment controls on certain types of investments by U.S. persons in China and Chinese-owned companies in the semiconductor, quantum computing and artificial intelligence sectors. The EO was released alongside an advance notice of proposed rulemaking (ANPRM) from the U.S. Department of the Treasury (Treasury), which outlines how the Treasury is considering implementing the EO's requirements, and poses 83 questions for public comment relating to the key concepts and definitions that will be refined in regulations.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250