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The Combat Chinese Economic Aggression Act of 2024 expands the Committee on Foreign Investment in the United States (CFIUS) review authority to cover a broader range of foreign investments by Chinese entities in U.S. businesses, particularly those involving critical technologies, defense contractors, and key economic sectors. It requires enhanced securities disclosure by investment advisers regarding private fund assets held in countries of concern, including China, and mandates SEC reporting on such holdings. The bill also establishes new disclosure requirements for certain exempt securities transactions involving foreign investors from countries of concern.
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