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Trump Directs CFIUS to Restrict Chinese Investments in US

President Donald Trump is directing the Committee on Foreign Investment in the United States to restrict Chinese spending on technology, energy and other strategic US sectors, his administration’s latest salvo against the world’s second-largest economy.Trump laid out the plan in a national security presidential memorandumBloomberg Terminal signed Friday that commits to using “all necessary legal instruments” to bar Chinese affiliates from investing in US technology, critical infrastructure, heal...

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