The Trump administration dramatically stepped up efforts to monitor and manage cross-border transactions with China, and it is increasingly clear that this remains a top priority for the Biden administration. Companies and investors should expect that the Biden team will continue to use every tool at its disposal, including economic sanctions, US export control laws, and reviews of past and pending transactions by the Committee on Foreign Investment in the United States (CFIUS) to achieve its policy objectives. Additionally, companies should be aware that the United States Congress is considering a number of bills that would expand CFIUS’ jurisdiction and impact the way the committee operates.
The US-China Business Council will host this program on Tuesday, May 18 at 8:00 am EDT. Please join for a briefing and discussion of the latest developments at the intersection of national security and US-China commerce.
The program will feature Charlie Steele, FRA Partner; Catherine Pan-Giordano, Partner and co-chair of Dorsey & Whitney’s US-China practice group; and Justin Huff, Partner at Dorsey & Whitney and former Deputy Director of the Treasury office responsible for chairing CFIUS.