WASHINGTON—A lower-profile government committee that reviews small industry gives for national balance issues is acquiring expanded emphasis as phase of the Biden management’s machine to compete with China.
The Committee on Global Funding within the U.S., or Cfius, is looking for to percentage data with an identical critique our bodies arrange by way of allies and is paying closer focal point to Biden priorities, together with securing supply chains. In June, Cfius asked a stay on a Chinese language investor’s ready acquisition of South Korean-based most commonly semiconductor maker Magnachip Semiconductor Corp. to assessment the be offering.
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