Fewer Chinese investments in the US are raising national security concerns


Source: piie.com piie.com

Key Topics in this News Article:

News Snapshot:

The US bans on Chinese mobile phone applications TikTok and WeChat over national security concerns reflect a broad hawkish shift to rethink US relations with China regarding technology and security. Thus, it may seem counterintuitive that the number of Chinese investments in the United States facing a national security review has declined over the past few years. After years as the country whose investors faced the most scrutiny, it fell to the third most in 2019. In 2019, only 28 transactions involving Chinese investors were reported to the Committee on Foreign Investment in the United States (CFIUS), the US government...