Thread by @DanRDimicco

1/4–YES—In Senate Intelligence Hearing,Should U.S. Outbound Investment to China be Monitored? prosperousamerica.org/senate-intelli…—“1 of the biggest,if not surprising,takeaways from Wednesday’s Senate Intelligence Committee hearing came from Sen. Bob Casey (D-PA). While everyone in the room..

2/4–was focused on adversaries spying on the private sector,& influence operations in academia & elsewhere, Senator Casey asked the 4 panelists—shouldn’t the U.S. gov’t be monitoring what American multinationals r investing in overseas?
“Could the National Counterintelligence &..

3/4–Security Center(NCSC)or the intelligence community more broadly help educate the private sector 2 the risk of outbound investment,especially when it comes 2 China,”Sen. Casey asked—adding that an assessment of U.S. capital investments into early-stage technology development..

4/4–in China needed oversight
1 of the witnesses—former NCSC director William Evanina,said “yes” on oversight—If such a move occurred,it would give The Committee on Foreign Investment in the United States(#CFIUS )—an inter-agency committee of the United States government that…

4/4–Cont’d—reviews national security implications of foreign investments into the U.S., a whole new set of things to look at: U.S. multinationals putting money to work in China biotech, semiconductors, and other manufacturing industries.