Despite strong political pressure, it will be hard to limit American investment into China.
President Joe Biden delivers remarks on the 'Building a Better America' innovation and competition bill, April 14, 2022, in North Carolina. Credit: The White House via Flickr
The U.S government is poised to increase its scrutiny of the billions of American investment dollars flowing into Chinese high tech firms. But putting the policy into practice may be harder than many in Washington expect.
The idea behind what is known as outbound investment screening is simple: while Washington has processes to review and block investment from China into the U.S., through the interagency body called the Committee on Foreign Investment in the U.S. (CFIUS), the government canâ€
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