US investors want clarity on Biden’s vague curbs on China tech
Written by Black Hot Fire Network on September 27, 2023
WASHINGTON/NEW YORK, Sept 27 (Reuters) - U.S. financial firms are pushing for greater clarity on proposed new rules curbing U.S. investments in some China technology sectors which they say are too vague and put the onus of compliance on investors.
Aiming to protect national security and prevent U.S. capital from aiding China's military, President Joe Biden