HONG KONG/WASHINGTON (Reuters) -President Joe Biden's move to prohibit some U.S. technology investments in China is expected to keep investors on the sidelines, concerned that tougher measures are ahead as tensions simmer between the world's two biggest economies. U.S. private equity and venture capital investors have already hit the brakes on sensitive technologies in China as relations have worsened since the administration of Biden's predecessor, Donald Trump, over issues from tech to China's industrial policies to national security. Aiming to keep U.S. capital and expertise from helping China's military modernisation and harming U.S. national security, Biden's executive order on Wednesday was limited, for example by applying only to new investments.
Biden s China tech curbs to keep investors sidelined, fearing more steps
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Analysis-Biden s China tech curbs to keep investors sidelined, fearing more steps
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