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Mnuchin seeks greater scrutiny of Chinese investments in US

Both sides are redefining their business relationship as Washington aims to reduce its trade deficit
Friday, June 16, 2017 - 05:50

Mr Mnuchin is pursuing the proposed changes to sharpen CFIUS's national security focus and has discussed the approach with members of Congress.


THE US Treasury Department wants to include China among a proposed group of hostile nations whose companies would undergo extra scrutiny for national security risks if they seek to buy stakes in American corporations, according to an administration official.


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