US blocked Chinese entity from fertility clinics at San Diego
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China vs USA
The United States government, using a confidential process, has blocked a Chinese entity from purchasing a fertility clinic in San Diego, CNBC has learned.
The action to protect a U.S. fertility clinic reveals previously unknown concerns about Chinese access to American medical data stored in fertility clinics, which can include families’ most intimate biological and personal information.
It comes against a backdrop of increasing tensions between the two countries after a summer in which each country closed consulates of the other and accused each other of negligence in allowing the spread of the deadly coronavirus.
Current and former officials told CNBC the action was taken by the secretive Committee on Foreign Investment in the United States, which typically oversees transactions involving the buying and selling of companies that have national security implications. Officials would not say exactly when CFIUS took this action but said it happened during the Trump administration.
