Research On The Us National Security Review Of New Legislation's Limitation Of China's Investment And Countermeasures

Since the 17 th National Congress of the Communist Party of China(CPC),the pace of Chinese enterprises "going out" has been getting faster and faster.With the development of "Made in China 2025" strategy,Chinese companies are investing rapidly overseas.However,how to deal with the restrictions from the US national security censorship system is an issue that Chinese enterprises cannot avoid in their investment activities in the United States.It is also a hot issue involved in the current Sino-US trade conflict and Sino-US economic and trade consultations.Since Trump took office,the US government has often used Chinese companies to set up various obstacles and restrictions on Chinese investment in the name of maintaining national security.In the process of Chinese enterprises investing in the United States,A growing number of cases have been reviewed by the United States Committee on Foreign Investment(CFIUS).On August 13,2018,The(FIRRMA),part of the Defense Authorization Act for fiscal year 2019,has been signed into law by President Trump.The enactment of the new law means the U.S.government has strategically expanded its scrutiny of foreign investment programs in the United States.This concern and emphasis on national security review has become the biggest obstacle and resistance for Chinese enterprises to invest overseas.Only by thoroughly studying the development and changes of the US foreign investment national security review system can we explore practical and preventive measures for corporate investment and improve the success rate of investment transactions.The paper is mainly discussed from four aspects:The first chapter mainly introduces the change and development of the concept of "national security" from the perspective of international politics.Then it introduces the relevant content of “national security” from the system level of national security review,analyzes the rationality and necessity of implementing national security review,introduces the theoretical basis for the construction of national security review system,and further studies the US national security review.The second chapter begins with a brief review of the development process of the US foreign investment national security review system,followed by a detailed discussion of the new legislative developments of the US Foreign Investment Risk Assessment Modernization Act(FIRRMA).At the same time,the new bill will be evaluated.The third chapter introduces the current situation of Chinese enterprises investing in the United States,and selects some Chinese enterprises to conduct empirical analysis due to cases in which the key areas of investment in the investment field have been rejected by CFIUS.The new legislation is actually the formal legalization of the CFIUS review practice experience,so it has made bold predictions about the obstacles and influences that Chinese companies may suffer in future investment in the United States after the new legislation is enacted.The fourth chapter is the latest changes in the US national security review system,and some suggestions and countermeasures for Chinese enterprises to invest in the United States.This chapter gives coping strategies from the national level and the enterprise level,hoping to minimize the restrictions and risks faced by Chinese companies in their investment in the United States and to ensure the success of Chinese enterprises.