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US to limit Chinese investment in American tech firms – report

June 25th, 2018
Categories: News

Link: https://www.rt.com/business/430757-us-limit-chinese-investment/

The US plans to ban firms with at least a quarter Chinese ownership from buying US companies with “industrially significant technology,” the Wall Street Journal reported, as a trade war between Washington and Beijing intensifies. “We’ve got trillions of dollars seeking our crown jewels of technology,” the newspaper quotes White House trade adviser Peter Navarro as saying. “There has to be a defense against that.”

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