A Comparative Study Of China 's Foreign Capital M & A National Security Review System

The national safety review system of foreign capital merger and acquisition(herein after referred to as “Safety Review System of M&A”) is not a new system.The research and practice of this system in the United Stateshas been started onehundred years ago, while it was in2011that it firstly took shape in our country. TheSafety Review System of M&Ameans that the host country can take compulsorymeasures to prevent itself from damages involving the national safety caused by thetransaction. The reason why the Safety Review System of M&A has drawn more andmore attention of all countries in the world is closely related to the increasing of FDIand the rapidly development of economic globalization, which makes more and morecountries keep an open but cautious attitude against the entrance of foreign capitals.Thus, how to make more effective guidance and regulations of foreign M&Aactivities have become an significant task to governments.In the first two chapters, the paper deeply studies the legislative process and theexisting Safety Review System of M&A of the United States and China respectivelyin order to lay a foundation for the following comparison between the U.S. and Chinain this system. Then, in the last chapter, the paper makes the comparison, withinwhich points out some problems of the existing system in China, andtries to makesome own thinking on how to further improve the Safety Review System of M&A inour country.