Litigation
Jan. 15, 2016
Chinese investment getting approval amid criticism
Despite political rancor over growing Chinese investment, a federal agency has been rather permissive in screening filings from Chinese companies — a sign, legal experts say, that the agency defaults toward approving deals rather than blocking them.
Daily Journal Staff Writer
When Tsinghua Holdings launched an unsolicited bid to acquire Micron Technology Inc. for $23 billion last summer, heads turned swiftly at the specter of the semiconductor giant falling into the hands of an investment subsidiary of the Chinese government.
The vanguard of opposition to the deal - potentially the largest Chinese purchase of a U.S. asset in history, and part of a larger Chinese str...
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