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
United States
China /  Politics

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’

Zhenhua Lu
Zhenhua Lu

Updated: 9:23pm, 16 Nov, 2017

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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
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