Biden expected to tighten rules on US investment in China

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The Biden administration is close to tightening rules on some overseas investments by U.S. companies in an effort to limit China's ability to acquire technologies that could improve its military prowess, a U.S. official said.

The American and Chinese flags wave at Genting Snow Park ahead of the 2022 Winter Olympics, Feb. 2, 2022, in Zhangjiakou, China. The Biden administration is close to finalizing new regulations that would tighten rules on certain overseas U.S. investment, a move aimed at limiting Beijing’s ability to acquire advanced technologies. That's according to a U.S. official familiar with deliberations who was not authorized to comment.

The American and Chinese flags wave at Genting Snow Park ahead of the 2022 Winter Olympics, Feb. 2, 2022, in Zhangjiakou, China. The Biden administration is close to finalizing new regulations that would tighten rules on certain overseas U.S. investment, a move aimed at limiting Beijing’s ability to acquire advanced technologies. That's according to a U.S. official familiar with deliberations who was not authorized to comment.

 

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Would have happened long ago under Trump

How about we outlaw foreign ownership of American soil?

It's greed by the companies who sent all their manufacturing offshore so as to make a bigger Buck now you're going to pay for it.

Shouldn’t we be limiting China’s ability to invest in U.S. companies, not the other way around?

Hard to believe, he's China's puppet, dance little wef criminal boy dance

The strategy and tactics of the United States are childish and clumsy for China, which has a deep cultural heritage. Wait and see. The United States will be defeated by China in the future.

Ha, ha, ha, ha. That's Biden senile?China's military sector has always been self-contained.

What is he waiting for! China is the enemy. Get it done already!

Same administration that canceled an initiative to prevent academics from passing key technology to China and let's TicToc run wild

China's manufacturing base & technological know how, including for military purposes, was literally given away by American corporate CEOs so they could move American manufacturing to China while becoming filthy rich & raising stock prices, while Americans shopped till dropped.

Waking up far too late!

China is our enemy. China slowly but surely moving towards world domination economically & militarily. Western countries must institute severe tariffs & move towards minimal trade with China before they complete their rapid naval warship expansion & advanced weapons production

I wonder how China will react to being double crossed by their puppet?

Hopefully, that includes spare parts for balloons.

Creating an enemy and attempting to destroy them for daring to challenge America in any aspect. CHINA IS NOT OUR ENEMY! AMERICA'S LEADERS ARE THE ENEMY OF PEACE AND ARE ATTEMPTING TO PUSH CHINA INTO CONFLICT!

China will get what it needs on the secondary market and / or develop its own. 👍

10 years late, but finally,,,,

Biden is tough on China.

This is a good move.

The expected action is the latest effort by the White House to target China's military and technology sectors. The Biden administration has already imposed export controls to limit China’s ability to access advanced chips.

TrumpWasRightAboutEverything

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