China trade council asks US to 'carefully consider' tech investment ban

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SINGAPORE : China's international trade council has formally asked the United States to 'carefully consider' rules that ban or restrict U.S. investments in China's tech sector, state television reported on Friday.U.S. President Joe Biden signed the executive order last month which prohibits or restricts i

SINGAPORE : China's international trade council has formally asked the United States to"carefully consider" rules that ban or restrict U.S. investments in China's tech sector, state television reported on Friday.

State television said the China Council for the Promotion of International Trade, which is supervised by the Ministry of Commerce, said the order sets"vague and broad restrictions" on investors and transaction types, and does not differentiate between military and civilian purposes.

 

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