WASHINGTON: Lobbyists for IBM and other large US technology companies may succeed in gutting a key part of proposed legislation that aims to subject partnerships with Chinese firms to approval by a secretive national security panel.
A group of House Republicans led by the chairmen of the Financial Services and Foreign Relations committees wants to remove a core provision of the bipartisan bill, a section that would require joint ventures with foreign firms to be reviewed by the Committee on Foreign Investment in the United States.
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