Kevin Allison on Biden increasing scrutiny on U.S. assets purchased by foreign entities
Vice President Kevin Allison spoke with the South China Morning Post on Biden's recent order to increase scrutiny on U.S. assets purchased by foreign entities that involve personal data and advanced technologies, a move that many think is targeting China.
“[The U.S.] is concerned not just about what data an acquirer might get access to through any one particular company’s own data set, but how that data could be used and combined with other data sets that might already be accessible by an adversary country, and might be able to be combined and used in different ways. It’s also not only a concern about what an adversary country could do with access to that data today, but what it might be able to do with access to that data in the future...China is a clear target of these policies.”
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