China has come to dominate the transactions reviewed by the Committee on Foreign Investment in the United States (CFIUS), accounting for more than 19% of all investments reviewed from 2013 to 2015. A review of CFIUS’s history sheds light on how its national security mandate has expanded and evolved in response to cross-border challenges in mergers and acquisitions, investments and other foreign party transactions.
Even Open Economies Have Security Concerns
CFIUS has become a key player in U.S. actions to address economic and national security challenges. Created during the 1970s and given expanded powers repeatedly in response to shifts ...