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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

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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