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U.S. panel backs takeover ban for Chinese state-owned firms

3 months ago
Lucas Niewenhuis
T
he U.S.-China Economic and Security Review Commission cited national security concerns in protecting the independence of U.S. companies. The South China Morning Post summarized analyst insight by writing, “With Washington heading in [a] more hawkish direction, China must respond by opening up state companies to private investment.”
By Lucas Niewenhuis
Lucas Niewenhuis is an associate editor at SupChina who helps curate daily news and produce the publication's newsletter, app and website.
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