Foreign Investment and National Security: Does CFIUS Need Expanded Powers?

The policies, rules, and business norms that worked in the past for export control and foreign investment into the U.S. may no longer be adequate to manage the challenge U.S. firms presently face from managed economies. This is particularly true in the IT sector, where nations are developing well-financed strategies to create a domestic industry intended to displace U.S. and other foreign suppliers. The long-term viability of the managed economy model is an open issue, but in the near or mid-term, it creates new risks for U.S. companies and, potentially, for national security.

CSIS will host a discussion on the role of foreign investment in strategic competition with managed economies. Panelists will discuss the impact of national industrial policies on the international markets, and how U.S. policy and investment strategies might adapt to foster innovation, mitigate national security risks, and level the playing field for economic competition.