News & Events

Abram Ellis, Co-Head of the Firm’s International Trade Regulation Practice, and Mick Tuesley, Head of the Firm’s National Security Regulatory Practice, were quoted in a Global Competition Review article titled, “US restricts outbound investment in China.” The article discussed a recently issued Executive Order limiting outbound U.S. investments in Chinese companies that operate in high-technology sectors critical for the military, intelligence and surveillance. It further explained that this is the first time the government has imposed investment rules on U.S. individuals and companies abroad. Reflecting on the scope of the new regime, Mick said that it “does not broadly prohibit investment into China, but instead is narrowly tailored to focus on a handful of sectors that are the most sensitive to national security.” Abram further noted that the new regime “will likely blend elements of various existing regulatory frameworks” with a new program.

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