Exclusive: U.S. Treasury meets business groups on Chinese investment bill - sources

WASHINGTON (Reuters) - U.S. Treasury officials are meeting with about 10 industry groups on Monday to discuss the latest draft of legislation that would tighten scrutiny of foreign investment in order to limit Chinese efforts to acquire sophisticated U.S. technology, three sources familiar with the meeting said.

The Treasury Department supports the bill, which is now in the Senate and a companion measure in the U.S. House of Representatives, that would broaden the reach of the inter-agency Committee on Foreign Investment in the United States (CFIUS).

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