, Columnist
Privacy Is a Key to Unlock China's U.S. Deals
CFIUS approval of Oceanwide’s Genworth purchase has pried open the gates.
Keep a lock on it.
Photographer: Moment via Getty Images
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America is easing open the gates for Chinese acquirers.
A key (and opaque) U.S. national security panel gave a real estate firm the all-clear to purchase Genworth Financial Inc., an insurer specializing in long-term care, after the Beijing-based company gave assurances on data privacy.