The US Is About to Increase Its Investment Controls. Will China Deal Lawyers Feel More Pain?

October 30, 2022 | BY

Jessica Seah

A recent executive order issued by U.S. President Joe Biden heightened the level of scrutiny of inbound deals in certain sensitive industries. And now the U.S. is weighing legislation that calls for a "reverse CFIUS," which will add government scrutiny to outbound transactions.

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U.S. China deals Credit: Nuthawut / AdobeStock

(The article was first published onLaw.com International.)

For many years now, major U.S. funds have poured billions of dollars into China's myriad of startups endorsing the likes of ByteDance Ltd.,