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In the News: Reverse CFIUS Final Rules; China Encourages Foreign Equity Investment; and Data Centers Attract US PE Investors
November 07, 2024 | BY
Clarence Lee, Brian Chan &Krista LeeThe final rules of reverse CFIUS differ from the draft version; China changes its foreign investment rules to attract more long-term and high-quality investments; and Chinese data center company raises $1 billion from U.S. PE investors.
Promulgated: 2024-10-28
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Credit: ARM/Adobe Stock
Reverse CFIUS Rules Finalized, With One Key Change
The Biden Administration has finalized rules that would restrict U.S. outbound investment into China, following its initial draft in June,Reuters reports. The new