A report that examined Chinese acquisitions in the U.S. revealed that the Obama-Biden administration only denied four percent of those that were subject to review by federal regulators.
In stark contrast, the Trump administration denied nearly half of the Chinese proposed acquisitions.
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A key presidential election battleground state of Michigan is also ground zero for a Chinese company’s acquisition of an automotive manufacturer with direct involvement by one of Hunter Biden’s businesses.
The transaction gave Chinese companies direct control of technology with possible military applications and, therefore, has national security implications.
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