Fund managers are worried the Biden administration's move to restrict some outbound U.S. investment to China will further fuel anti-Beijing sentiment in Washington and prompt more limitations. The executive order regulates U.S. investments in China in sensitive technologies. Investors, advisers and an administration official said it is tailored around national security and reflects months of consultations with industry and other stakeholders.
By Paritosh Bansal (Reuters) - Fund managers are worried the Biden administration's move to restrict some outbound U.S. investment to China will further fuel anti-Beijing sentiment in Washington and prompt more limitations. The executive order regu.