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Friday, September 20, 2019

Foreign investment security

The difference between national security and foreign competition


The difference between national security and foreign competition
Other countries have directly invested $4.3 trillion here, making the U.S. the world's number one destination for investment. That’s good for our economy-and foreign investors. America’s open investment environment fosters competition and innovation that has built some of the world’s most successful products and companies.
Over the past few years, however, there has been growing concern that, in the process of making the most of America’s competitive market, some investment--particularly some Chinese investments—could also damage U.S. security.
It’s a well-founded concern. And that’s why we have the Committee on Foreign Investment in the U.S. (CFIUS). Congress created CFIUS years ago to review proposed foreign investments that trigger alarm and to make a fact-based determination of whether the deals would, in fact, jeopardize U.S. security.

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