Us Seeks To Keep Nearer Tabs On Chinese Cash In The United States

In particular, it could reshape the ways American technology companies, big and small, raise money from Chinese investors.
Chinese buyers are pouring more and more money into the United States.
White House officials and a group of lawmakers on both sides of the aisle are pushing for new laws intended in part to keep closer tabs on the surge of Chinese money into America.
“Over the past two years, Cfius (pronounced sih-fee-us) has broken up a number of major Chinese bids for semiconductor companies, leading to Chinese complaints.
In 2016, Chinese investment in America jumped threefold to $46 billion from the year before, according to the research firm Rhodium Group.

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