Chinese tech investment is next target in Trump's crackdown [CNN]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: CNN
Chinese tech investment is next target in Trump's crackdown The Trump administration is set to announce measures this week cracking down on Chinese investment in key technologies in the United States. The move is expected to exacerbate tensions in the intensifying trade clash between Washington and Beijing. The planned US restrictions on Chinese investments in "industrially significant technology" are in large part fueled by American concerns about "Made in China 2025," Beijing's plan to boost industries like robotics, electric cars and aerospace with the aim of becoming a global leader in those areas. The measures are set to include rules that would bar firms with at least 25% Chinese ownership from buying companies involved in technology deemed significant by the White House, according to a report late Sunday by The Wall Street Journal. The limit on Chinese ownership could end up being even lower, it added. It remains unclear exactly how the Trump administration will define what tec
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