US firms 'more negative' about doing business in China

  • 📰 BBCTech
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

Five years since the trade war started, American firms seem less inclined to invest in China.

Ms Wang says: "Beijing still wants US companies to invest in China, and that attitude I do not believe will change anytime soon."

These have led to a growing number of measures by the Biden administration to try to stop China accessing US technology. These include trying to limit new investments in China by US semiconductor manufacturers.for technologies they regard as critical to the future of the global economy.last month President Biden said: "I've made clear with President Xi that we seek competition, not conflict.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines