US firms 'more negative' about doing business in China

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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.

 

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