Technicians are shown at work at Chinese state-owned oil refiner Sinopec. A US Congressional advisory committee wants the US to block China’s SOEs and sovereign wealth funds from acquiring US assets, particularly “critical technologies or infrastructure” exposed to potential national security risks. Photo: Imaginechina
Technicians are shown at work at Chinese state-owned oil refiner Sinopec. A US Congressional advisory committee wants the US to block China’s SOEs and sovereign wealth funds from acquiring US assets, particularly “critical technologies or infrastructure” exposed to potential national security risks. Photo: Imaginechina

US urged to block China’s state companies from buying high security risk American assets

A US congressional advisory panel wants Congress to update legislation on national security reviews of foreign investment to address ‘security risks’

Technicians are shown at work at Chinese state-owned oil refiner Sinopec. A US Congressional advisory committee wants the US to block China’s SOEs and sovereign wealth funds from acquiring US assets, particularly “critical technologies or infrastructure” exposed to potential national security risks. Photo: Imaginechina
Technicians are shown at work at Chinese state-owned oil refiner Sinopec. A US Congressional advisory committee wants the US to block China’s SOEs and sovereign wealth funds from acquiring US assets, particularly “critical technologies or infrastructure” exposed to potential national security risks. Photo: Imaginechina
READ FULL ARTICLE