17 February 2022
Washington prepares to tighten regulations on US investments in China
by Jon Grevatt
The United States is planning to tighten regulations that restrict investments in Chinese enterprises deemed to have links with the People's Liberation Army (PLA) and its supporting military-industrial complex.
The Department of the Treasury's Office of Foreign Assets Control (OFAC) said on 16 February that the move will see the introduction of a “comprehensive set of regulations, which may include additional interpretive guidance and definitions, general licences, and other regulatory provisions”.
OFAC said the new regulations will strengthen previous measures including an executive order introduced in November 2020 and an amendment to that directive announced in June 2021.
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The United States is planning to tighten regulations that restrict investments in Chinese enterprise...
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