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.

By Krista Lee

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.

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

✓ A database of 3000+ essential documents, including key PRC laws translated into English

✓ Newsletters with business-critical and sector-specific updates

✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now