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The United States appears to be getting serious about responding to China’s long-standing asymmetries on trade, investment and market access conditions – the “un-level playing field” per se. The US government’s orientation toward China has palpably changed, and 2018 is shaping up to be a pivotal year where rhetoric turns into action. Much attention has been paid to the Trump administration’s upcoming decisions on new tariff regimes and other trade restrictions and related trade war hyperbole, but a different and subtler change may have more impact on MNCs operating on the ground in China: the reform and empowerment of the Committee on Foreign Investment in the United States (CFIUS). Please click through to read our full analysis on how US national security concerns over Chinese IP acquisitions are likely to have excessive repercussions beyond US borders. For your convenience, the key takeaways are as follows: