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Stronger Investment Curbs Are Needed to Counter China, McCaul Says

(Bloomberg) House Foreign Affairs Committee Chairman Michael McCaul says Congress needs to tighten restrictions on US firms’ investment in China beyond those proposed by President Joe Biden earlier this summer, as recent breakthroughs in Chinese technology have spurred debate over the effectiveness of Washington’s controls.Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseTreasuries Halt Fed-Fueled Rout as Stocks Struggle: Markets WrapAI Fantasy Fades as Wall

United statesBloomberg businessweekJoe bidenMichael mccaulBloomberg house foreign affairs committeeHuawei technologies coSemiconductor manufacturing international corpForeign affairs committee chairman michael mccaulPresident joe bidenTexas republicanBloomberg newsTexas tribuneNarrow china tech investment limitsShenzhen based huawei technologiesJoe biden

Stronger Investment Curbs Are Needed to Counter China, McCaul Says

Stronger Investment Curbs Are Needed to Counter China, McCaul Says
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United statesMichael mccaulJoe bidenSemiconductor manufacturing international corpBloomberg house foreign affairs committeeHuawei technologies coForeign affairs committee chairman michael mccaulPresident joe bidenTexas republicanBloomberg newsTexas tribuneNarrow china tech investment limitsShenzhen based huawei technologies

US Set to Limit Scope of China Investment Ban With Revenue Rule

(Bloomberg) A US plan to restrict investment in China is likely to apply only to Chinese companies that get at least half of their revenue from cutting-edge sectors such as quantum computing and artificial intelligence, people familiar with the matter said.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.

United statesWhite houseDistrict of columbiaJoe bidenDaniel flatleyBilly houseJanet yellenBloomberg businessweekNarrow china tech investment limitsPresident joe bidenTreasury secretary janet yellenCurbs won tFundamentally hurtMao ningChinese companiesQuantum computing

US Set to Limit Scope of China Investment Ban With Revenue Rule

US Set to Limit Scope of China Investment Ban With Revenue Rule
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

White houseDistrict of columbiaUnited statesBilly houseJoe bidenDaniel flatleyJanet yellenNarrow china tech investment limitsPresident joe bidenTreasury secretary janet yellenCurbs won tFundamentally hurtMao ning

US Set to Limit Scope of China Investment Ban With Revenue Rule

US Set to Limit Scope of China Investment Ban With Revenue Rule
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

United statesWhite houseDistrict of columbiaBloomberg businessweekJanet yellenDaniel flatleyJoe bidenBilly houseNarrow china tech investment limitsPresident joe bidenTreasury secretary janet yellenCurbs won tFundamentally hurtMao ning