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Sure, that's a valid concern to have, and I'm not saying the bill is a great idea. I'm just pointing out that there's nothing automatic about the process and th
by calgarymicro 2y ago
Sure, that's a valid concern to have, and I'm not saying the bill is a great idea. I'm just pointing out that there's nothing automatic about the process and the clock to divestment wouldn't immediately start ticking the moment a company crosses 20% Chinese ownership. The person I was responding to said the bill could get weaponized by the CCP to ban things via the threat of them acquiring more than 20% ownership, but that's not how the bill works.
- xvector 2y agoThe fact that it's not automatic is even worse. It means that the president can just target whoever they don't like.