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    China to revamp national security review for foreign investments  

    港媒:中國對外商投資“國家安全審查”將走上臺面

    三一重工在美關(guān)聯(lián)企業(yè)“告贏”奧巴馬,讓美國對外商投資的國家安全審查的程序正義問題受到各方關(guān)注,也讓苦惱于經(jīng)濟(jì)問題被無端政治化的中國企業(yè)開心了一回。不過此案一個不容忽視的意義,就是為即將走上臺面的中國對外商投資的國家安全審查提供了重要的借鑒意義。[查看全文]
    2014-07-23 13:50 Ecns.cn Web Editor: Qian Ruisha
    1

    (ECNS) – The Sany Group's winning the case against US President Barack Obama has brought attention back to China's national security review process for foreign investments, according to Hong Kong newspaper Ming Pao.

    The Ralls Corp., an affiliate of Sany, sued Obama and the Committee on Foreign Investment in the United States (CFIUS) in 2012 for denying it to own wind farms in Oregon based on national security reasons.

    On July 15, the US Court of Appeals in Washington ruled that Ralls must be allowed to challenge the evidence the president drew on to make the decision.

    The case provides lessons for the Chinese government as it's poised to enhance its national security review of foreign investments.

    Although China set up a separate national security review mechanism in 2011, it was mostly laying idle as the government examined all aspects of foreign investment.

    That will change as China revamps its policies to loosen restrictions.

    On June 17, a new approval and review policy of foreign investment came into effect, which limits government inspections to only a few aspects, including possible national security risks.

    Experts have been calling for an institution similar to the CFIUS, as well as policies to improve transparency in the review process, like the US did in 2007 with the Foreign Investment and National Security Act.

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