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Trump: CFIUS, FIRRMA the best way to handle Chinese investment

June 27, 2018 at 9:33 AM
The Committee on Foreign Investment in the United States, paired with a new law crafted to expand its purview, is the best way to deal with concerns about predatory investment from China stemming from a Section 301 investigation, President Trump said on Wednesday, after senior administration officials denied that relying on CFIUS was capitulating to Beijing. “I have often noted, consistent with the Section 301 action initiated by the United States Trade Representative, that certain countries direct and facilitate systematic...

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