U.S. panel wants CFIUS to block all SOE deals

November 24, 2016 | BY

Katherine Jo &clp articles

A U.S. trade agency's report to Congress calls for a CFIUS requirement to ban all investments and acquisitions by Chinese state-owned enterprises

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By Katherine Jo

A U.S. commission has urged its legislators to ban China's state-owned enterprises (SOEs) from acquiring or gaining control of American companies.

In its annual report to the U.S. Congress, the U.S.-China Economic and Security Review Commission, a panel that monitors security and trade links between Washington and Beijing, said the Chinese government has used SOEs to advance and achieve its own national security objectives.

The document, released on November 16,