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Shanghai, China – August 15, 2019: a newly opened Yonghui supermarket store

National security is in vogue. As the United States and its allies continue to dominate headlines with their blacklisting of Huawei and increasingly hostile treatment of Chinese investments, China is now pressing on with its own efforts to bolster national security oversight of foreign investment – and its definition of national security goes far beyond defense.

China introduced a national security review (NSR) regime in 2011 but it has received relatively little attention and has seen only a few cases. That is about to change as the National Development and Reform Commission (NDRC) took over earlier this year as the leading agency for the NSR process and will likely ramp up enforcement.

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Vincent Chow

Vincent Chow is a reporter for Law.com International and China Law & Practice, based in Hong Kong. He writes about lawyers and legal issues in Hong Kong and China and covers the business of law, global and domestic law firms, in-house legal departments and regulatory issues. He can be reached at [email protected]

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