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US to bar and screen some tech investments in China

2023-08-10 04:21
The move gives the government new oversight over foreign dealings by private firms.
US to bar and screen some tech investments in China

The US plans to require American companies to disclose investments they make in China in high-tech sectors such as artificial intelligence, and to prohibit certain investments outright.

The much anticipated move gives the government new power to screen foreign dealings by private companies.