US intends to strengthen Sino US investment review of Japanese media: China Threat Theory proliferation

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 US intends to strengthen Sino US investment review of Japanese media: China Threat Theory proliferation


According to the Japan economic news website reported on April 17th, the US authorities are very vigilant about Chinas technology revitalization policy known as made in China 2025. The policy is intended to centrally invest in industrial robots and achieve independent production of cutting-edge technology products that rely on overseas. The United States is strongly concerned about the rapid growth of Chinas strength in two aspects: military technology and peoples livelihood technology. It is not just the White House that is stepping up its vigilance, the report said. The China made 2025 plan has already been put on the head of the United States and all Party members of the United States, which has promoted the strengthening of the US Foreign Investment Commission on the United States (CFIUS). The report also said that some IT enterprises in the United States also support the expansion of CFIUS functions. According to the report, the competition between the United States and China has expanded to the whole world. It seems that the USs introverted trend is hard to combat comprehensively. On April 17th, according to the Japanese economic news website, the U.S. Congress has begun to discuss corporate censorship of the Foreign Investment Committee (CFIUS) in order to restrict investment by overseas companies. CFIUS for the purpose of safeguarding safety, we should review the foreign mergers and acquisitions of US companies, and small investments and joint ventures will also be included in the review. The move is intended to prevent us technology from flowing to China, or will have an impact on Japanese companies investment in the US. It is reported that CFIUS is an independent body under the jurisdiction of the US Treasury and the Ministry of defense. If there is a security leak that can be converted to military technology, the president will be advised to halt investment. In March 2018, Trump stopped the acquisition of Qualcomm by semiconductor company Broadcom. It is said that since the CFIUSs authority was strengthened in 1988, there were only 5 occasions when the president halted the takeover. The US Congress believes that the Chinese enterprises, which are strengthened by financial strength, plan to expand the object of examination and strengthen investment restrictions on American enterprises. The report points out that in the two houses of the United States, the cross Party Parliamentary Union has submitted a bill to strengthen the CFIUS authority, which will be the core of the bill and will be officially launched in May. Previously, the main examination of CFIUS was that overseas enterprises to control American enterprises for the purpose of mergers and acquisitions, but in the new law case, small investment and the establishment of joint ventures will also be included. The object of the review is emerging technology and core infrastructure. CFIUS will expand the management of the big network. This is because foreign takeovers include not only large US companies, but also American start-ups with the latest technology such as artificial intelligence. In addition, the real estate transaction around military facilities will also be the object of CFIUS review. Reported that the United States Senate and the Senate are clearly affected by the expansion of the CFIUS power IT (Information Technology) enterprises and other coordination of the details of the bill. The report also said that there are provisions in the new plan that China and Russia are designated as countries with special concerns and for further rigorous review. However, prior to the declaration of an undeclared prior review, some of the items must be declared in the new programme, which would have an impact on the investment in the United States of Japan. The review of CFIUS will become more complicated, and investment in the US may be more time and cost than ever before. CFIUSs annual report shows that the number of applications for review in 2015 was 143. Japanese enterprises accounted for nearly 1, reaching 12. At present, with Chinese enterprises as the center, the case is being further increased. According to the US Congress, the number of cases reviewed in 2017 increased by 4 over the same period. This article source: Reference News Net editor: Zhao Yaping _NN9005 Reported that the United States Senate and the Senate are clearly affected by the expansion of the CFIUS power IT (Information Technology) enterprises and other coordination of the details of the bill. The report also said that there are provisions in the new plan that China and Russia are designated as countries with special concerns and for further rigorous review. However, prior to the declaration of an undeclared prior review, some of the items must be declared in the new programme, which would have an impact on the investment in the United States of Japan. The review of CFIUS will become more complicated, and investment in the US may be more time and cost than ever before. CFIUSs annual report shows that the number of applications for review in 2015 was 143. Japanese enterprises accounted for nearly 1, reaching 12. At present, with Chinese enterprises as the center, the case is being further increased. According to the US Congress, the number of cases reviewed in 2017 increased by 4 over the same period.