Timothy O'Toole Comments on CFIUS Reviews of Chinese Investments in U.S Tech After Election in S&P Global Market Intelligence
"Scrutiny of Chinese Investments in U.S. Tech to Continue Under Trump or Biden"
S&P Global Market Intelligence
According to White Collar Defense Practice Lead Timothy O'Toole, Committee on Foreign Investment in the United States (CFIUS) reviews will continue to hinder Chinese investment in the U.S. regardless of who wins the U.S. presidential election. "Even in a new presidency, the risks for Chinese tech M&A will remain. There are real disputes between China and the US with respect to data collection and national security issues. I expect those issues to endure," said O'Toole. He noted that a Biden administration would likely bring predictable political risks to foreign investments. "Because the open trade war between China and the U.S. would likely be scaled back and/or resolved, it seems likely that these risks would be more predictable in a new administration than in a current one, where CFIUS review appears to be used as a tool in the trade war."