U.S. finalizes rule to review more foreign land deals near military bases
By Alexandra Alper and David Shepardson
WASHINGTON, Nov 1 (Reuters) -The Biden administration on Friday finalized a new rule expanding its authority to review foreign purchases of real estate near U.S. military bases for national security threats.
WHY IT'S IMPORTANT
The U.S. has become increasingly concerned about the national security risks posed by Chinese-linked purchases of property near sensitive military sites.
BY THE NUMBERS
The Treasury Department rule, which was first proposed in July, adds nearly 60 facilities across 30 states to its review list and would expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) to about 227 military installations.
KEY QUOTE
Treasury Secretary Janet Yellen said the final rule "will significantly increase the ability of CFIUS to thoroughly review real estate transactions near bases and will allow us to deter and stop foreign adversaries from threatening our Armed Forces, including through intelligence gathering."
CONTEXT
CFIUS, led by the Treasury Department, reviews foreign investments in the United States for national security risks.
Treasury rejected a push to retroactively apply the rule to a proposed battery plant by Gotion in Michigan. Germany's Volkswagen AG VOWG_p.DE is the largest single shareholder of parent company Gotion High-Tech 002074.SZ, but Republican lawmakers say China maintains "effective control" through multiple individual shareholders.
The rule will take effect in December.
Reporting by Alexandra Alper and David Shepardson, Editing by Rosalba O'Brien
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
