Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok deals
The Independent - 2024-04-11T22:19:32.000Z

U.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors

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Treasury wants to boost foreign investment review powers, as Congress dissects Nippon Steel, TikTok deals
U.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors. This comes as high-profile deals involving foreign investment in the U.S. — like Chinese firm ByteDance’s ownership of popular social media app TikTok and Japanese firm Nippon
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China moves to boost foreign investment in domestic tech companies
China on Friday published measures aimed at promoting overseas investment in the country's technology sector, in a latest bid to attract foreign investors amid signs some are considering shifting away from the world's second-largest economy. China will support overseas institutions to issue yuan bonds in the country, and also encourage tech companies, including foreign-invested ones, to raise money via bond issuance, the commerce ministry said in a statement. The government will also facilitate...
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Secretive government committee could get more investigation power as authorities scrutinize TikTok and U.S. Steel deal
The Committee on Foreign Investment in the United States probes corporate deals for national security concerns.
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In related news

Treasury wants to boost foreign investment review powers, as Congress dissects Nippon Steel, TikTok deals

China moves to boost foreign investment in domestic tech companies

Secretive government committee could get more investigation power as authorities scrutinize TikTok and U.S. Steel deal