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Exclusive: U.S. toughens stance on foreign deals in blow to China’s buying spree

July 21, 2017 By Greg Roumeliotis and Diane Bartz (Reuters) – A secretive U.S. government panel has objected to at least nine acquisitions of U.S. companies by foreign buyers so far this year, people familiar with the matter said, a historically high number that bodes poorly for China’s overseas buying spree. The objections indicate that the Committee on Foreign Investment in the United States (CFIUS), which reviews acquisitions by foreign entities for potential national security risks, is becoming more risk-averse under U.S. President Donald Trump. Chinese companies and investors eyeing…

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CFIUS China military Tech Top News United States 

U.S. weighs restricting Chinese investment in artificial intelligence

June 13, 2017 By Phil Stewart WASHINGTON (Reuters) – The United States appears poised to heighten scrutiny of Chinese investment in Silicon Valley to better shield sensitive technologies seen as vital to U.S. national security, current and former U.S. officials tell Reuters. Of particular concern is China’s interest in fields such as artificial intelligence and machine learning, which have increasingly attracted Chinese capital in recent years. The worry is that cutting-edge technologies developed in the United States could be used by China to bolster its military capabilities and perhaps even…

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