US Congress introduces bill to stop acquisitions by China during pandemic
Shortpedia
Content Team
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American Congressman Jim Banks, member of the House Armed Services Committee, has introduced legislation in the House of Representatives to stop China government from their predatory investments of American companies. The Restricting Predatory Acquisition During Covid-19 Act aims to give the Committee on Foreign Investment in the United States a free hand to review purchases with ties to China during the pandemic.
