US Moves Closer to Restricting Outbound Investment in China for Chips, AI Tech

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

The Biden administration advanced plans to restrict investments by US individuals and companies into China, with a focus on curbing Beijing’s ability to gain ground in semiconductors, quantum computing and artificial intelligence.

Citigroup, UBS Exit Munis After Market’s Profits Plummet by 50%Millennium in Talks to Raise Billions of Dollars in New CapitalUS Services Activity Expands by Most in More Than Two YearsApple’s AI Rally Puts Valuation at Risk of Outpacing RealitySugar and Coffee Hit by Weak Brazilian Real Amid Weather FearsAt Blackstone's $339 Billion Property Arm, the Honeymoon Is OverVenezuela Set to Join Global Watchdog’s Dirty Money ‘Gray List’Ecuador Braces for More Blackouts After Hydro Plant Goes...

87%Homebuyers in Canada bet on more rate cuts with adjustable loansMass Transit Delays Are Wrecking the Return-to-Office PushWhen Hot Weather Arrives, Worker Productivity Is at RiskWall Street Bankers Skip Hamptons Summer for Pro Lacrosse LeagueJPMorgan, Ex-Trader Agree to Settle Wrongful Firing LawsuitNvidia Sheds $200 Billion in Value After Short Run as Top StockHindujas Found Guilty of Exploitation of Servants at Swiss VillaFiera Management Solidifies Control With Buyout of Investor’s...

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:

 /  🏆 83. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines