Organisation: Committee on Foreign Investment in the United States

China pushes back against forced sale of TikTok

A Chinese government official has said the country will “firmly oppose” any order from the US foreign investment review body forcing TikTok to split from its Beijing-based parent company ByteDance.

24 March 2023

Senator urges CFIUS to guard against Chinese takeover of SVB

The US foreign investment review body must ensure that assets from Silicon Valley Bank and Signature Bank do not end up “in the hands of hostile” states, a top Republican on the Senate Intelligence Committee has said.

20 March 2023

CFIUS: TikTok must split from ByteDance or face total ban

The Committee on Foreign Investment in the United States has reportedly told TikTok that it risks a total ban in the US if it does not spin-off from its Chinese owners, drawing a sharp rebuke from Beijing.

17 March 2023

TikTok open to “last resort” ByteDance divorce to resolve national security concerns

TikTok is reportedly willing to split with its Chinese parent company ByteDance if a current proposal before the Committee on Foreign Investment in the United States fails to resolve national security concerns.

15 March 2023

Bill to create first state-level CFIUS body fails in South Dakota

South Dakota’s Senate has rejected a bill that would have created the country's first state-level foreign investment review body with the power to scrutinise transactions based on national security concerns.

22 February 2023

Senator calls for CFIUS probe into Ford deal with “Chinese national champion”

A Republican senator has called for a national security review into a licensing agreement between Ford Motor Company and a Chinese lithium-ion battery manufacturer to develop a new electric vehicle battery plant in Michigan.

15 February 2023

CFIUS grants UK and New Zealand investors exemptions under national security law

The US foreign investment review body has exempted New Zealand and UK investors from its jurisdiction to review deals for certain minority investments and mandatory filing requirements.

13 February 2023

CFIUS not probing Musk’s acquisition of Twitter

The Committee on Foreign Investment in the United States does not plan to probe Elon Musk’s acquisition of Twitter, which was partly funded by foreign investors, despite calls from the country’s executive and legislative branches to do so.

08 February 2023

Bipartisan bill continues push for more CFIUS agricultural oversight

A bipartisan and bicameral bill has intensified calls to add the US agriculture secretary as a standing member of the Committee on Foreign Investment in the United States after the body failed to intervene in the sale of sensitive land in North Dakota to a Chinese company.

01 February 2023

CFIUS stalls Chinese takeover of cancer treatment provider

The Committee on Foreign Investment in the US has issued an interim order temporarily blocking a Sino Biopharm subsidiary’s $161 million acquisition of a biopharmaceutical company.

05 January 2023

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