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

By Krista Lee

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.

The national security memorandum, known as the “America First Investment Policy," said China is "exploiting U.S. capital and ingenuity to fund and modernize Chinese military, intelligence, and security operations, posing direct threats to United States security."

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