The long-awaited US outbound investment program – what’s proposed and what’s the scope and effect

After months of deliberation, on August 9, 2023, President Biden issued the executive order “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern” (Order), with China (including the Special Administrative Regions of Hong Kong and Macau) as the only country initially designated as a country of concern….
By: Eversheds Sutherland (US) LLP