The Trump administration has backtracked a bit on planned restrictions to Chinese investment in U.S. technology firms.
Rather than institute a blanket ban, Trump will rely on the Committee on Foreign Investment in the United States (CFIUS) to manage individual transactions as they are needed.
“CFIUS is able to respond appropriately to different threats on different technologies posed by different entities from different countries,” said a Treasury Department official.
Congress recently expanded the powers available to CFIUS to protect national security issues.
