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China urges US Treasury to stop proposed restrictions on tech investments

China urges US Treasury to stop proposed restrictions on tech investments

Feed excerpt — reported by The Hill

Chinese officials called on the U.S. Saturday to reconsider its proposed rule seeking to further restrict American investments into its tech industry, saying the move would disrupt trade relations between the two countries. On Thursday, the Treasury Department proposed a rule expanding existing restrictions in the Outbound Investment Security Program (OISP) on hypersonic systems, quantum…

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