Partner David Plotinsky was quoted in a Foreign Investment Watch article discussing the US Department of the Treasury’s final outbound rule, which regulates US investment in China.
In terms of next steps, David shared that given the effective date of January 2, both investors and Chinese companies need to work quickly to make sure that any deal closing on or after that date has been closely reviewed for compliance. “If deal diligence has not yet included outbound investment, that needs to get done now, to ensure most importantly that the deal is not prohibited, but also to determine whether even a transaction that is not prohibited will need to be notified to the government,” he said.
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