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BBCNEWS World July 4, 2024

Limiting investment by American Companies in the chinese tech sector because of Serious National Security risks. It would require us firms to disclose investments in sensitive areas such as Artificial Intelligence and ban some investment altogether. Beijing has reacted angrily saying it is gravely concerned about the order. A spokesperson for the Chinese Embassy in washington says the curbs seriously undermine the interests of chinese and American Companies and investors. Republicans have said they do not go far enough. This is a new front in the tech war between two global superpowers, the restrictions prevent American Private equity and Venture Capital firms from investing in high tech sectors investing in high tech sectors in china, such as quantum computing, Artificial Intelligence and advanced semiconductors. The goal is to stop us capital in know how speeding up the development of technologies that could help china develop weapons for use against america in a military conflict. I

BBCNEWS World Business Report June 4, 2024 04:53:00

main tourist season, hitting local businesses hard, and this surfing destination is still picking up the pieces. this surfing instructor is back to giving daily lessons to tourists, a respite from last year when the economic crisis forced him into fishing to support his family, and he says a full recovery is still distant. a full recovery is still distant. , . . ., distant. the price change, we are struggling distant. the price change, we are struggling a distant. the price change, we are struggling a lot. - distant. the price change, we are struggling a lot. we - distant. the price change, we are struggling a lot. we have| are struggling a lot. we have to put price up for the accommodation but still we pay quite a lot of money for the electricity bill and for other basic needs. electricity bill and for other basic needs. ., , .. , basic needs. crowded beaches and busy hotels basic needs. crowded beaches and busy hotels are basic needs. crowded beaches and busy hotels are pro

BBCNEWS World Business Report June 4, 2024 04:52:00

to grow their internal capabilities and their values. donna, we have delivered there. thank you forjoining us today. finally to sri lanka, a country brought to its knees a year ago by its worst economic crisis in 75 years of independence. a $3 billion bailout from international monetary fund has given the government financial breathing space. now it is banking on a surge in tourism are one of the main sources of foreign currency reserve as visitors return to its idyllic beaches. we go to sri lanka s eastern coast. the tide had begun to turn in sri lanka. the pristine beach is in aragon by are again buzzing with surfers waiting to catch the perfect wave aragum bay. 0n the eastern coast of sri lanka, the economic crisis coincided their

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