CFIUS 2.0: An Instrument of American Economic Statecraft Targeting China
On 13 August 2018, the president of the United States signed a bill to strengthen the Committee on Foreign Investment in the United States (CFIUS), an interagency executive body responsible for screening foreign investments made in the United States for national security risks. The move is primarily...
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| Format: | Article |
| Language: | English |
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SAGE Publishing
2019-08-01
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| Series: | Journal of Current Chinese Affairs |
| Online Access: | https://doi.org/10.1177/1868102620906973 |
| _version_ | 1818259496683700224 |
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| author | Uday Khanapurkar |
| author_facet | Uday Khanapurkar |
| author_sort | Uday Khanapurkar |
| collection | DOAJ |
| description | On 13 August 2018, the president of the United States signed a bill to strengthen the Committee on Foreign Investment in the United States (CFIUS), an interagency executive body responsible for screening foreign investments made in the United States for national security risks. The move is primarily aimed at preventing Chinese firms from exploiting the US open capital markets to acquire technology. While much commentary exists spelling out the changes made to CFIUS by way of the legislation, their focus is largely on the legal and business ramifications of the policy at the firm level. This analysis assesses what CFIUS strengthening portends for the tech ambitions, examines the Chinese state’s response to the move, and observes its relevance to US–China economic decoupling. |
| first_indexed | 2024-12-12T18:16:22Z |
| format | Article |
| id | doaj.art-b476c6655d514e999aa30205f499dc27 |
| institution | Directory Open Access Journal |
| issn | 1868-1026 1868-4874 |
| language | English |
| last_indexed | 2024-12-12T18:16:22Z |
| publishDate | 2019-08-01 |
| publisher | SAGE Publishing |
| record_format | Article |
| series | Journal of Current Chinese Affairs |
| spelling | doaj.art-b476c6655d514e999aa30205f499dc272022-12-22T00:16:15ZengSAGE PublishingJournal of Current Chinese Affairs1868-10261868-48742019-08-014810.1177/1868102620906973CFIUS 2.0: An Instrument of American Economic Statecraft Targeting ChinaUday Khanapurkar0 Institute of Chinese Studies, Delhi, IndiaOn 13 August 2018, the president of the United States signed a bill to strengthen the Committee on Foreign Investment in the United States (CFIUS), an interagency executive body responsible for screening foreign investments made in the United States for national security risks. The move is primarily aimed at preventing Chinese firms from exploiting the US open capital markets to acquire technology. While much commentary exists spelling out the changes made to CFIUS by way of the legislation, their focus is largely on the legal and business ramifications of the policy at the firm level. This analysis assesses what CFIUS strengthening portends for the tech ambitions, examines the Chinese state’s response to the move, and observes its relevance to US–China economic decoupling.https://doi.org/10.1177/1868102620906973 |
| spellingShingle | Uday Khanapurkar CFIUS 2.0: An Instrument of American Economic Statecraft Targeting China Journal of Current Chinese Affairs |
| title | CFIUS 2.0: An Instrument of American Economic Statecraft Targeting China |
| title_full | CFIUS 2.0: An Instrument of American Economic Statecraft Targeting China |
| title_fullStr | CFIUS 2.0: An Instrument of American Economic Statecraft Targeting China |
| title_full_unstemmed | CFIUS 2.0: An Instrument of American Economic Statecraft Targeting China |
| title_short | CFIUS 2.0: An Instrument of American Economic Statecraft Targeting China |
| title_sort | cfius 2 0 an instrument of american economic statecraft targeting china |
| url | https://doi.org/10.1177/1868102620906973 |
| work_keys_str_mv | AT udaykhanapurkar cfius20aninstrumentofamericaneconomicstatecrafttargetingchina |