CFIUS proposes expansion that could block Chinese land purchases near U.S. military bases

By Tony Bertuca / May 4, 2023 at 3:03 PM
The Committee on Foreign Investment in the United States intends to propose its authority be expanded to include oversight of eight additional military installations where nearby land has been bought or eyed for potential purchase by foreign investors, including those with ties to China. A U.S. official told Inside Defense that CFIUS is “revising its regulations” to propose adding eight new military installations to its real estate jurisdiction: Air Force Plant 42, in Palmdale, CA Dyess Air Force Base,...

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