CFIUS Opens Investigations Into China-Related Non-Notified Deals, Report Says

The Committee on Foreign Investment in the U.S. recently opened investigations into “dozens” of completed deals involving Chinese investments that were not officially notified to CFIUS, a July 15 report from The Capitol Forum said. The deals -- which mostly took place within the past five years -- involved Chinese investments in U.S. technology, heavy industry and entertainment companies, the report said. Since May, CFIUS has “substantially” increased scrutiny of non-notified deals, the report said. The Treasury Department did not comment. Industry has seen a notable increase in CFIUS scrutiny on transactions involving medical supplies and sensitive technologies, especially those associated with Chinese investors (see 2005290027). CFIUS is also closely monitoring Chinese investors trying to take advantage of companies struggling due to the COVID-19 pandemic (see 2006230057).