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826 US Plans Prohibition on Investments in Key Chinese Tech Sectors

AsiaTechDaily
Byung-ho @ AsiaTechDaily 3 place · 08/09/2023 05:41 EDT

US Plans Prohibition on Investments in Key Chinese Tech Sectors

The U.S. plans to enact a prohibition on private-equity and venture-capital investments in specific Chinese technology firms as part of an executive order set to be unveiled by the Biden administration. It intensifies Washington’s endeavors to impede Beijing’s advancement in technology tailored for military applications. Sources suggest that the prospective U.S. restrictions on investment within ...

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