Deals
Top U.S. Spymaster Warns American Firms About Deals With China
- Standards for foreign deal reviews need reform, Evanina says
- Official cites risk to U.S. control over strategic technology
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The top U.S. counterintelligence official said American firms need to be cognizant of the national security risks that could arise from selling to Chinese buyers or entering into joint ventures with them.
William Evanina, the Director of the National Counterintelligence and Security Center, said it’s understandable that executives and owners of American companies want to do the most lucrative deals, but they don’t always understand the potential risks to national security.