Bill introduced in US Congress to stop predatory acquisitions by China during COVID-19 pandemic
MAY 7, 2020 9:15:45 AM
Introduced by Congressman Jim Banks, member of the House Armed Services Committee, the Restricting Predatory Acquisition During COVID-19 Act would expand the scope of the Committee on Foreign Investment in the United States (CFIUS) to review purchases by companies with ties to the Chinese Communist Party during the COVID-19 pandemic.
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