China Tops Foreign Buyers Drawing U.S. M&A Security Reviews
- National security panel reviewed 24 notices from Chinese firms
- CFIUS 2014 report offers rare glimpse of secret panel's work
Chinese one-hundred yuan banknotes are arranged for a photograph.
Photographer: Tomohiro Ohsumi/BloombergIt’s official: The U.S. is reviewing more foreign acquisition proposals -- and more from China -- than it has in years, according to Treasury Department figures released Friday.
The numbers, in a report to Congress, provide an annual glimpse into the secretive U.S. process of vetting the national security implications of international corporate tie-ups. The report for 2014, the latest full year reviewed, shows that U.S. officials combed through security risks of the most deals since 2008. Among them were 24 proposals for Chinese acquisitions of U.S. assets out of a total of 147. The total for China represents a new high and marks the third year in a row that it topped other countries.