{"id":117901,"date":"2011-02-13T22:46:19","date_gmt":"2011-02-14T05:46:19","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=117901"},"modified":"2011-02-13T22:46:19","modified_gmt":"2011-02-14T05:46:19","slug":"china-launching-body-to-screen-foreign-investment","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2011\/02\/china-launching-body-to-screen-foreign-investment\/","title":{"rendered":"China Launching Body To Screen Foreign Investment"},"content":{"rendered":"<p><a href=\"http:\/\/www.npr.org\/templates\/story\/story.php?storyId=133737214\">Foreign enterprises that try to buy Chinese companies will face a more stringent national security review<\/a>, AP reports:<\/p>\n<blockquote><p>\nThe government will review proposed acquisitions in fields including energy, farming, transportation, heavy equipment manufacturing and &#8220;key technologies,&#8221; the Cabinet said in a weekend announcement. Reviews will apply to an offer to acquire at least 50 percent of a Chinese company.<\/p>\n<p>The measure appears to go beyond a traditional national security review and involves looking at factors such as the impact on the economy and social stability, according to James Zimmerman, a lawyer in Beijing for the firm Squire Sanders &#038; Dempsey LLP.<\/p>\n<p>&#8220;Such a review adds a layer of bureaucratic intermeddling into commercial and economic terms that have no real impact on China&#8217;s defense policies,&#8221; Zimmerman said in an e-mail. He said regulators will have &#8220;discretion to quash legitimate foreign investment transactions for protectionist reasons.&#8221;<\/p>\n<p>Beijing has complained that national security objections in the United States and other countries have blocked Chinese acquisitions.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Foreign enterprises that try to buy Chinese companies will face a more stringent national security review, AP reports: The government will review proposed acquisitions in fields including energy, farming, transportation, heavy equipment manufacturing and &#8220;key technologies,&#8221; the Cabinet said in a weekend announcement. Reviews will apply to an offer to acquire at least 50 percent [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[116,2,10,100],"tags":[982,1201,3805],"class_list":["post-117901","post","type-post","status-publish","format-standard","hentry","category-world","category-economy","category-law","category-politics","tag-foreign-companies","tag-foreign-investment","tag-national-security","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China Launching Body To Screen Foreign Investment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2011\/02\/china-launching-body-to-screen-foreign-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Launching Body To Screen Foreign Investment\" \/>\n<meta property=\"og:description\" content=\"Foreign enterprises that try to buy Chinese companies will face a more stringent national security review, AP reports: The government will review proposed acquisitions in fields including energy, farming, transportation, heavy equipment manufacturing and &#8220;key technologies,&#8221; the Cabinet said in a weekend announcement. 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