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In the News: Reverse CFIUS Scrutiny of Benchmark’s Chinese Investment; China M&A Recovery; and Delisting Threat of Chinese Companies
Venture capital firm's Chinese investment to be reviewed by U.S. Treasury; Small-scale M&A on the rise despite trade tensions, sluggish growth; and U.S. Congressmen urge delisting of 25 Chinese groups from U.S. exchanges.
Credit: ItziesDesign/Adobe Stock
Benchmark’s Chinese Investment Scrutinized Under Reverse CFIUS Program
The U.S. Treasury Department is reviewing a $75 million investment led by Silicon Valley-based venture capital firm Benchmark Capital into Chinese startup Manus AI,
Under the Outbound Investment Security Program, known as "Reverse CFIUS," U.S. entities must notify the Treasury Department of investments involving critical technologies, such as AI, into China.
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