Home > News > Company news > America's review increase on China's investment
News
Daily News
Industry News
Company news
Certifications
Latest News

Gifts of love in ancient China

Jade pendants The ancient Chinese usually gave their lovers something small so that they could easily take it everywhere. A jade pendant is a good cho...

what is mild steel

Mild steel is a type of carbon steel with a low amount of carbon – it is actually also known as “low carbon steel.” Although ranges vary depending ...

10 Differences between a Businessman and Entrepreneur

10 Differences between a Businessman and Entrepreneur Business people and entrepreneurs have many similarities.However, they are not the same kind of ...

What is ALOCROM 1200 surface treatment

What is ALOCROM 1200surface treatment Alocrom 1200 is a rapidnon-electrolytic dip process which gives excellent protection against corrosionto both pa...

What is Kydex material

What is Kydexmaterial Kydex is a line of thermoplasticacrylic-polyvinyl chloride materials manufactured by Sekisui SPI. It has a widevariety of applic...

What is Over mold?

Overmolding is also called 2 times injection molding in China. Compared with the third-party material bonding, overmolding process makes the process f...

What is Alodine 5200 surface treatment

What is Alodine 5200surface treatment Alodine 5200 treatment is a chromiumfree product and specifically formulated for treating aluminium and its allo...

What is Black Oxide?

Black Oxide, blackening, oxidizing, oxiding, black passivating, gun bluing . . . these terms all refer to the process of forming a black iron oxide on...

How and When to Add Bend Reliefs to Sheet Metal Parts

What is a Bend Relief? A bend relief is nothing more than two small incisions cut into a piece of sheet metal to free the metal between the two. It se...

Privacy Policy

We will not collect and store your information in any form.
Contact Us
Vice General Manager: Ivy
Tel:86-13312953695
Tel:86-755-82737317/82737469
Fax:86-755-82737710
E-mail: sales910@xy-global.com, sales.china@xy-global.com
Postal Code: 518129
Off Add: Room1702,17F,Building#4,Tianan Cloud Park,No.2018 Xuegang Rd.,Longgang District,Shenzhen.
Factory Add:Daling Industrial Area,Shaling,Fenggang Town,Dongguan City Contact Now

America's review increase on China's investment

America's review increase on China's investment

July www.diecastingpartsupplier.com 2016-02-26 14:05:44

The US has been reviewing a growing number of foreign investments for national security reasons in recent years, with investments from China the leading targets for review, according to new data released by the US Treasury on last Friday.

The disclosure contained in the annual report to Congress of the Committee on Foreign Investment in the US comes amid a number of new mergers and acquisitions out of China being submitted for review. Those include the mooted $42bn takeover of Switzerland’s Syngenta by ChemChina, one of that country’s largest state-owned conglomerates, and a bid announced this week for the Chicago Stock Exchange, which has already drawn calls from Congress for a review.

According to the report released last Friday, CFIUS received 147 notices from companies voluntarily seeking national security reviews in 2014. That number was up from 97 in 2013 and the most seen since 2008, when a record 155 notices were filed.

Less than half of those notices — 52 — were deemed worthy of a subsequent investigation on national security grounds. Just one of these transactions was rejected, while a dozen applications for review were withdrawn voluntarily by companies.

CFIUS releases data on its reviews with a lag of more than a year. It also does not release publicly details of the transactions it reviewed, or the concerns that were raised, although those are contained in a classified version of its report to Congress.

China was the leading source of investments reviewed by CFIUS in 2014, with investors filing 24 notices, just ahead of the 21 filed by investors from the UK.

A senior treasury official said that CFIUS treated investments from China no differently than it did any others. But investments from China have long drawn more political scrutiny than others in Washington. Beijing has repeatedly expressed concerns that Chinese companies are unfairly singled out.

In a letter sent to the Treasury this week, 45 Republican members of Congress asked for CFIUS to conduct a “full and rigorous” review of a proposed bid by a group of Chinese investors for the Chicago Stock Exchange. The deal, if approved, would for the first time give a Chinese company control over part of the US’s equity trading infrastructure, they said.

“Should you determine [that the Chongqing Casin Enterprise Group] maintains a close relationship with the Chinese government — and therefore the Chinese military — we would urge CFIUS to deny this transaction,” the members of Congress wrote.

Chris Brewster, a CFIUS specialist at Stroock & Stroock & Lavan, a Washington law firm, said the committee’s annual report showed that the US still remained open to foreign investment. But he warned that it also indicated the breadth of deals examined by the committee was growing to include things such as real estate.

"Deals are getting approved all the time and the US remains one of the best markets in the world for foreign investment. But CFIUS reviews are also getting more aggressive,” he said.