News Snapshot:
The administration of US President Joe Biden is considering moves that would restrict US investment in Chinese technology companies amid growing tensions between the two countries, people familiar with the matter said on Friday. The investment curbs taking shape would likely come as an executive order to be signed by Biden in the coming months, one of the people said. A separate action against TikTok, a hugely popular video-sharing app owned by China’s ByteDance Ltd (字節跳動), is possible, but no action is imminent, the person added. Photo: Reuters The US Department of Commerce might place further restrictions on chips used...
