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
US'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 stop China companies investing in US in retaliation for the China's tariff extensions by giving US a stronger legal basis to do so. Recent legislation allowed Chinese authorities to treat foreign businesses in a way that is reciprocal to how Chinese firms are treated overseas. While the NDRC is seen as having a similar role to the committee for foreign investment in the China it is more powerful.