"The United States has long been concerned about Chinese outward foreign direct investment (COFDI). Even so, U.S. angst has reached new heights during President Donald Trump’s tenure in office. Under his administration, the United States has launched a three-pronged war against COFDI. The first prong entails a harsher environment for COFDI in the United States. The second encompasses maneuvers against COFDI overseas. And the third involves steps to disrupt the progress of China’s Belt and Road Initiative (BRI). The first prong has been primarily evidenced by the expansion of the Committee on Foreign Investment in the United States (CFIUS)’s role in reviewing FDI. It has been reflected, too, by the 2018 passage of the Foreign Investment Risk Review Modernization Act (FIRMMA). Notably, FIRMMA changed the ownership standard triggering CFIUS reviews from 10 percent of voting shares to one focused more on decision-making abilities/control and also expanded CFIUS’s ambit to cover FDI in critical infrastructure and real estate near sensitive locations like military bases. Recently, Congress passed the 2019 National Defense Authorization Act, which hits COFDI in the United States directly by forbidding the use of federal funds to purchase rail cars and buses from Chinese-controlled firms. The White House has not publicly pilloried COFDI in the United States, but prominent members of the U.S. Congress continue to warn vociferously about its risks..."