Strengthening Investment Screening and Tech Protection Against Chinese Economic Aggression.
This law significantly tightens control over foreign investments in the US, particularly those originating from China, to protect critical technologies and national security. It imposes new obligations on US investment firms, requiring disclosure of private fund assets located in countries deemed a threat. Citizens can expect greater financial transparency and enhanced security for critical supply chains.
Key points
New Screening Rules: The US government will more closely review foreign investments in US businesses, especially those involving critical technologies (e.g., AI, semiconductors).
Investor Restrictions: US investment firms (private funds) must disclose how much money they have invested in countries of concern, such as China.
Investment Ban Authority: The President gains authority to prohibit US entities from investing in specific sensitive technologies (e.g., hypersonics) within countries posing a security threat.
Port Security: A strategy is mandated to warn shipping and port companies about the risks associated with Chinese smartport management technologies.
Expired
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