Inside U.S. Trade: “Treasury Sees Chinese ‘National Security’ Review Tools Undercutting BIT”

The U.S. Treasury Department is growing wary that Chinese authorities are empowering themselves with new, broader legal means to prohibit foreign business operations and effectively undermine any concession the Chinese government may make in negotiations for a U.S.-China bilateral investment treaty (BIT). [ July 16, 2015 | Inside U.S. Trade ] China’s draft “Foreign Investment…