WASHINGTON, July 31 (Reuters) - A U.S. government committee on foreign investments reviewed a record number of proposed transactions in 2022, the Treasury Department said Monday.
Chinese investors filed 36 so-called "covered notices" seeking green lights for deals in 2022, compared with 44 in 2021 and 17 in 2020.
CFIUS said "transactions reviewed by CFIUS, including the technology being invested in, are increasingly complex and result in more national security agreements to resolve the risks identified."
Most foreigners seeking to take even non-controlling stakes in U.S. companies must seek approval from CFIUS, a powerful Treasury-led committee that reviews transactions for national security concerns and can block them.
CFIUS opened 162 investigations in 2022, compared with 130 in 2021.
Persons:
CFIUS, Joe Biden, Donald Trump, David Shepardson, Gerry Doyles
Organizations:
U.S, Treasury Department, Foreign Investment, Treasury, Thomson
Locations:
United States, U.S, China