US Readies New Rules to Restrict Foreign Investment with Focus on China


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The Commerce and Treasury departments of the United States are preparing a new regulatory system which will look into US investment in advanced technologies in nations which could pose national security risks, the Wall Street Journal said in a report. The new rules could prevent US investment in certain sectors in China and guard US technological advantages from falling into hands of those who could pose a threat to the country. The Wall Street Journal citing people familiar with the developments said the Biden administration might stop some investments and also collect information about other investments. There was no clarity...