Law’s Juscelino Colares discusses new bill that would require certain institutions to divest from China

Universities, nonprofits must divest from China or lose tax-exempt status: GOP bill
NTD NewsJuscelino Colares, the Schott-van den Eynden Professor of Law, discussed a new proposed bill that would require universities, nonprofit organizations and other institutions to divest from Chinese companies or risk losing their preferential tax-exempt status. “We have to have a national policy on outbound investment, and I think we are converging to that,” he said.