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China’s Ministry of Commerce to scrutinize foreign investment more closely

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China’s Ministry of Commerce Spokesman Gao Feng addressed reporters at a regular press conference on April 29, 2021 in Beijing, China.

VCG | Visual China Group | Getty Images

BEIJING — China’s Ministry of Commerce plans to scrutinize foreign investment more closely on the basis of national security.

The ministry’s priorities for the next five years — released publicly this week — include reference to the “Measures for Security Review of Foreign Investment” that took effect in January. These measures generally require pre-review of foreign investment plans related to the Chinese military, and important agriculture, energy and technology products.

While the brief mention of the review…



Source cnbc.com

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