BBCNEWS World July 4, 2024
Beijing has reacted angrily saying it� s gravely concerned about the order. A spokesman for the Chinese Embassy in washington said the curbs seriously undermine the interests of chinese and American Companies and investors. But republicans have said the restrictions don� t go far enough. From new york, Michelle Fleury has more. This is a new front in the tech war between two global superpowers. The restrictions prevent American Private equity and Venture Capital firms from investing in high tech sectors in china such as quantum computing, Artificial Intelligence and advanced semiconductors...