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US TO INCREASE CORPORATE SCRUTINY

Chinese companies are expected to face tougher scrutiny in the US following Google's announcement that its systems and those of 20 other companies had been attacked by hackers in China.

Huawei, China's largest telecommunications maker, among others has already faced roadblocks when seeking to invest in the US, win government contracts or sell products considered vulnerable to security leaks.

“This will increase the intensity of already substantial reviews of Chinese transactions in areas related to national infrastructure, which includes technology,” said Jamie Gorelick, who served as deputy attorney-general during the Clinton administration and is now a partner at law firm Wilmer Hale.

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