A Potential Tool of Investment Protectionism: US National Security Review System

Abstract

After the Financial Crisis happened in 2008, investment protectionism has become rampant again around the world. For the consideration of the maintenance of national economic security and market stability, a number of countries start to take measures to set up barriers to restrict the entry and operation of foreign investment. After decades of development, the national security review system of the United States has gradually evolved into a potential tool of investment protectionism. The scope of the national security review has increasingly expanded, while the procedure of the national security review has been increasingly stringent. Gradually, it has become a stumbling block of foreign investment. International society should be vigilant to this phenomenon of investment protectionism, which is in the name of the national security review though.