China’s President Xi Jinping (C, front), Li Keqiang (3rd R, front), Wang Yang (3rd L, front), Wang Huning (2nd R, front), Zhao Leji (2nd L, front), Han Zheng (1st R, front) and Wang Qishan (1st L, front) attend the opening meeting of the second session of the 13th National People's Congress at the Great Hall of the People in Beijing, capital of China, March 5, 2019. Photo: Xinhua
China 's National Development and Reform Commission ( NDRC ) is now responsible for reviewing foreign investments to protect national security . The expanded remit of the country 's central planning agency will make it easier to regulate US companies investing in China in retaliation for the US 's tariff extensions by giving China a stronger legal framework to do so . Recent legislation allows Chinese authorities to regulate foreign businesses in a way that is reciprocal to how Chinese firms are treated overseas . While the regulation is seen as having a similar role to the regulation for foreign investment in the US it is more powerful .