US weighs countering China and ‘malign actors’ with outbound investment review board

US weighs countering China and ‘malign actors’ with outbound investment review board

US President Joe Biden ’s administration confirmed on Tuesday that it was considering the establishment of an outbound investment review board to counter “malign actors” including China, disclosing its possible next step in the American leader’s strategy to blunt Beijing.

Deputy Commerce Secretary Don Graves made his comments in an address tied to the second Washington-led Summit for Democracy, where some 120 world leaders will gather virtually to advance strategies aimed at pushing back on the influence of authoritarian governments.

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