china to review m & a deals by foreign firms

On 12 February I saw a Reuters article stating that China will launch a state level investment review body to check that merger and acquisitions by foreign companies do not endanger " national security ".

I got the impression that the review body will focus on the mega deals. However I wondered what impact it could have on Leyshon beyond another hurdle and slowing things down.

I also wonder if the establishment of the advisory board of former senior Chinese Ministry officials ( announced on 24 January) is designed to get smooth passage through the new review body.

Any thoughts ?