Politico: White House wants to limit US investment in China

The White House plans to enact rules by the end of the month to limit US investment in China. about this Politico writes , citing sources.

Authorities will require companies to notify the government of new investments in Chinese tech firms and ban some transactions in critical sectors such as microchips, the sources said.

Politico said the decision comes "at a particularly delicate time for the administration" as it seeks to ease tensions and maintain trade ties with Beijing.

Politico also writes that ever since the presidency of Donald Trump, the authorities have sought to develop new rules to oversee - and possibly block - American investments in Chinese technology industries.

The goal is to prevent US firms from funding or developing technology that could later be used by the Chinese military.