A key Republican Congressman is pushing back against demands from some leading Democratic members of Congress for the Biden administration to pursue executive action on outbound investment screening regulation, and instead is arguing that the administration should work with Congress on this issue.

At an event last Friday, a White House official offered some comments on the CHIPS Act and the outbound investment screening mechanism that has been in the news recently, both of which aim at maintaining U.S. technological advantages over China. The goal is to maintain an "absolute advantage&

The discussion of U.S. legislative or executive action on outbound investment screening, with a focus on American investments in China, is heating up.

Chinese officials are making an effort to stabilize major foreign investments in the nation, but some key obstacles and challenges for foreign investors, as illustrated by recent comments from European and American business groups and experts, seem unlikely to be resolved in the near future.

At a Congressional hearing earlier this week, a Republican Congressman pressed several banking executives about their willingness to do business with China.

The Atlantic Council and the Center for a New American Security co-hosted an event today on "Designing an outbound investment mechanism," during which the authors of a new report described their policy recommendations and a Biden administration official offered comments.

Commerce Secretary Gina Raimondo offered some comments yesterday on the implementation of the CHIPS Act's subsidies to semiconductor companies and how restrictions on investing in China might be applied.