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In the News: America First Policy; Overseas Crypto Investment Not Protected in China; and China Offshore Fundraising
Trump signs memorandum to restrict investments that do not serve American interests; A Jiangsu court ruled that investments in overseas crypto projects are not protected under Chinese law; and Chinese companies raise funds in hope of easing of regulations against private enterprises
Promulgated: 2025-02-21
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FILE: U.S. President Donald Trump, left, and Xi Jinping, China's president, shake hands during a news conference at the Great Hall of the People in Beijing, China, on Thursday, Nov. 9, 2017. Photographer: Qilai Shen/Bloomberg
CFIUS Ordered to Restrict Certain Chinese Investments
The Trump administration has signed a memorandum instructing the Committee on Foreign Investment in the United States (CFIUS) to restrict Chinese investment in certain strategic areas, Reuters reports.