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LABScon24 Replay | Follow the Money: Uncovering the Incorporation and the CCP’s Ownership of Chinese Firms Investing in the USA

Date Published: 2025-01-30

Date Updated: 2026-07-27

Author: LABScon

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Elly Rostoum's LABScon 2024 keynote analyzes how Chinese foreign direct investment—tracked across 672 firms—has driven technological advancement in China and created strategic competition with the U.S., and reveals how complex ownership structures (3rd/4th+ level subsidiaries, private equity, holding companies) can allow Chinese investment to evade American national security reviews; she contends the greater risk lies in seemingly American businesses ultimately owned by Chinese investors rather than only state-owned enterprises.

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