Potential CFIUS Implications Of Proposed Strategic Competition Act Of 2021 - Government, Public Sector
The Strategic Competition Act of 2021, 1 approved by the Senate Foreign Relations Committee on April 21, 2021, signals continued bipartisan consensus to orient U.S. policy towards aggressive action to counter China. Given the broad bipartisan support in Washington to address Chinas malign activities, the bill will likely pass the Senate and House of Representatives. This bill is a useful barometer of congressional sentiment towards China and may guide the Biden administrations future China-re...
Source: mondaq.com