WASHINGTON: Congress is set to vote in the coming days on legislation restricting US investments in China as part of a bill to fund government operations through mid-March, lawmakers said late on Tuesday .
"China is an economic adversary and we must take bold action to safeguard our future against the Chinese Communist Party," said Senator Bob Casey, a Democrat. Lawmakers have criticised major American index providers for directing billions of dollars from US investors into stocks of Chinese companies that the US believes are facilitating the development of China’s military.
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