CFIUS

Israel, Pressed By US, Blocks First Big Chinese Deal

TEL AVIV: The strict U.S warning to Israel to limit ties with China has its first result as the Chinese failed to win a tender for the construction of the giant desalination plant in central Israel. The Palmahim site is in close proximity to Israel’s missile test and satellite launch facility. The Soreq 2 facility, […]

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Congress

Tighten Monitoring Of Chinese Investments, Experts Tell HASC

WASHINGTON:  As China forges ahead trying to grab the head of the technology table by throwing money, policy and people at quantum computing and artificial intelligence, the US should carefully watch what companies China invests in or tries to buy. Those were the conclusions of three of the top China and technology experts in Washington […]

Congress

Sexual Assault, LCS, Markups And Chinese Pork

WASHINGTON: The dominant issue of tomorrow’s markup and the later amendment votes will not be the size of the Navy fleet, the future of the F-35, Tricare for life, or America’s strategic relationship with China. Sexual assault in the military, the hot-button issue currently leading the headlines, will dominate floor time when the defense policy […]

Interview with Sean O’Keefe, CEO of EADS North America

Paris: Any time one American defense company buys another it can trigger government review for a host of reasons, from antitrust to security concerns. When an American company financed by a foreign entity tries to buy another American company it triggers review by the Committee on Foreign Investment in the United States (CFIUS). It is […]

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