In the News: Sensitive Technologies Targeted in US Outbound Investment to China; New Rules Kill Small Investment Funds; and Medical IPOs under Close Scrutiny

August 17, 2023 | BY

Brian Chan

Biden's new Executive Order simplifies the proposed "Reverse CFIUS" review process of outbound investment into China; Small hedge funds in China are threatened with a minimum asset requirement; and Shanghai Stock Exchange further scrutinizes medical companies as an anti-corruption campaign intensifies.

Promulgated: 2023-08-09

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science factory china production LED technology. Credit: Artwell/Adobe Stock

U.S. Specifies Industries to be Screened for Outbound Investment to China

According to aReuters report, President Biden signed an executive order on August 9, 2023 that will restrict outbound U.S.