More Yellen About China

Outbound Investment Rules Coming

Posted 4/20/23

Treasury Secretary Janet Yellen outlined the United States' economic approach to China, emphasizing the importance of protecting national security interests, fostering healthy economic competition, and seeking cooperation on global challenges.

She indicated the White House is "considering a program to restrict certain U.S. outbound investments in specific sensitive technologies with significant national security implications," the "reverse CFIUS" regime Washington has been anticipating.

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