A Nation Must Think Before it Acts
Coming soon to a military base near us: China
A nation must think before it acts.
With China very much in mind, Congress has passed the Foreign Investment Risk Review Modernization Act, or FIRRMA, mandating the Committee on Foreign Investment in the U.S. (CFIUS) to review and, if necessary, block both foreign attempts to acquire real estate in sensitive areas and joint ventures that could involve the transfer of American technology to foreign companies.
