Trump is Weakening Measures Against China Investments

Trump is Weakening Measures Against China Investments. Donald Trump slightly weakened his plans for restrictions on Chinese investment in the United States.

 

In the fight against the theft of intellectual property, the American president wants to increase the powers of the governmental body CFIUS, which looks at acquisitions by foreign investors.

Initially, it was feared for further measures by Trump against China, posted by the Planet Blog.

Reportedly, he initially wanted to block investments from the People’s Republic in essential sectors such as ICT, aviation and biotechnology, based on a little-used emergency law.

As a result, he could take protectionist measures on his initiative. By now aiming for protection through CFIUS, he must continue to cooperate with the Congress.