National Security Review System in Cross-border Investment of China’s Enterprises
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DOI: 10.25236/ssehr.2018.080
Corresponding Author
Li Jie
Abstract
The national security review, initiated by the host country, is a measure to examine, approve and supervise the entry of foreign capital. The national security review has a direct impact on whether the enterprises registered in our country can go abroad smoothly and carry out investment activities overseas. In recent years, western countries have begun to attach importance to China's growing economic strength, fearing threatens from China's strengthening of overseas M&A. Many countries have adopted amendments to laws, restricting foreign investment in the market access stage of national security. This paper introduces the legal system of national security review based on the historical evolution of basic theory and system, and studies the characteristics and common problems of the security review system of several sovereign countries with mutual investment activities with China. It also enumerates and analyses cases of national security review of overseas investment activities in recent years, and gives suggestions on the possible problems of cross-border investment in China.
Keywords
National Security Review, Overseas Merger and Acquisition, Cross-Border Investment