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What remains of the Foreign Exchange and Foreign Trade Control Act still discourages foreign investment.
ECONOMIST: Japanese finance
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But I think it is entirely reasonable to have a process, like that conducted by CFIUS under the Foreign Investment and National Security Act, to vet transactions to ensure that those presenting risks to national security are brought to the attention of the president, who can then exercise his discretion to block them.
FORBES: Despite Huawei's Experience, America is Increasingly Open to Chinese Investment
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In addition, the Administration is proposing changes to the Foreign Investment in Real Property Tax Act (FIRPTA) aimed at enhancing the attractiveness of investment in U.S. infrastructure and real estate to a broader universe of private investors.
WHITEHOUSE: The White House