In the News: US Outbound Investment Tracker; Data Decoupling; and Foreign Pharmaceuticals in China

July 19, 2023 | BY

Clarence Lee

U.S. senators propose amendment to defense bill requiring the tracking of U.S. investments in China; Foreign firms are accelerating their push to decouple their data in China from the rest of the world; and China's commerce minister pledges to open up more opportunities to foreign pharmaceutical firms in a roundtable meeting

Promulgated: 2023-07-14

angellodeco/Adobe Stock

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U.S. Legislature Considers Tracking U.S. Investments in China

Two U.S. senators have introduced legislation that would require the tracking of U.S. investments in China, Reuters reported. The Outbound Investment Transparency Act, as the proposed legislation is called, was filed as an amendment to the National Defense Authorization Act (NDAA), the annual defense bill.

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