Webinar Discussion on President Biden’s New Outbound Investment Screening Program: The Impact of Trade and Investment with China

Foley & Lardner and 4thly hosted a livestream digital panel discussion. The experts dive into the details of President Biden’s long-awaited Executive Order addressing U.S. government screening of the United States outbound investments into China for artificial intelligence, quantum computing, and semiconductor technologies and products.

Louis Lehot
1 min readAug 28, 2023

The discussion addressed:

  • The Treasury’s advance notice of proposed rulemaking, which is currently seeking public input on 83 questions related to how the EO will be implemented,
  • Which investments will trigger screening,
  • What the screening process will look like,
  • The potential impact on trade and investment with China, and
  • The potential impact on technology development in the U.S. and China in the following sectors: semiconductors and microelectronics, quantum information technologies, and artificial intelligence capabilities.

The speakers included:

  • Ker Gibbs, previous President of the American Chamber of Commerce in Shanghai, whom some called the “ambassador of American business to China,”
  • Crumpton Global Managing Director, Client Advisor, and Relationship Manager H.K. Park,
  • Foley National Security Partner Dr. Christopher Swift,
  • Foley Corporate Partner Louis Lehot, and
  • 4thly Start-up Founder and Chief Executive Officer Bret Waters.



Louis Lehot

Louis Lehot is a partner and business lawyer with Foley & Lardner LLP, based in the firm’s Silicon Valley office. Follow on Twitter @lehotlouis