Bloomberg: US intends to limit investment in Chinese tech companies

Bloomberg: US intends to limit investment in Chinese tech companies

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The administration of US President Joe Biden is considering limiting investment in Chinese tech companies. About it informs Bloomberg citing sources.

One of the interlocutors of the agency said that such a decree would be signed within a few months. Perhaps the restrictions will affect the Chinese social network TikTok.

In addition, it is possible to discuss a bill that involves the disclosure of information by companies on investments in various sectors of the Chinese economy. The final decision has not yet been made.

September 1 New York Times informed that the United States has restricted the export of complex computer chips to Russia and China. This affected Nvidia and Advanced Micro Devices.

Julia Abugalieva

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