Trump signs memorandum directing CFIUS to restrict Chinese investments in US

CFIUS, which scrutinizes foreign investment in the United States for national security risks, has already overseen a sharp decrease in Chinese investment in the United States read more President Donald Trump signed a memorandum on Friday directing the Committee on Foreign Investment in the United States to restrict Chinese investments in key areas, according to a White House official. The national security memorandum aims to attract global investment while preserving US national security interests from challenges presented by foreign enemies like as China, according to the official. According to the directive, China is ” exploiting our capital and ingenuity to…