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Transcripts For BBCNEWS Asia 20240704

As it could have been, certainly not as restrictive as the rumours suggested it would be when the Administration First announced announced it was considering Something Like this. You know, it really only targets new investments into chinese firms, and only chinese firms that derive more than 50 of their revenue from sensitive sectors like ai, quantum computing, and advanced semiconductors. And that is far more narrow than we couldve seen because last october, the administration talked about a broader range of industries that were National Security sensitive and would require either Export Controls or some sort of investment restriction, or both. As michelle mentioned, businesses get a say in this what kind of reaction are you expecting from American Companies . Well, American Companies that have been investing in these will not like this and will push back, and try to seek implementation that is as narrow as possible. Itll be a back and forth conversation, im sure, and ultimately the a

Transcripts for BBCNEWS Asia Business Report 20240604 23:37:00

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