Should Chinese state-owned enterprises (SOE) be free to take control of U.S. companies or companies that otherwise affect the United States’s national security interests? That’s one of the questions tackled in November by the U.S.-China Economic and Security Review Commission (USCC), and one that is regularly faced by the Committee on Foreign Investment in the United States (CFIUS).
Zac Copeland is a student at Harvard Law School, where he is an editor of the Harvard Law Review. Prior to law school, he spent three years working as a financial analyst at Chevron Corporation. He graduated cum laude from the University of Washington with a B.A. in Accounting and Finance.
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It may not feel like it, but the United States is well into the sixteenth year of two national emergencies. President Bush declared the first emergency on September 14, 2001, in the immediate aftermath of the 9/11 terrorist attacks. This proclamation triggered statutory provisions that gave the President broad authority to increase the size and scope of the military, apportion certain defense funds as he saw fit, and recall retired military forces to active duty.