Curbs on Chinese Investment Finalized by Biden Admin
The Biden administration has finalized restrictions on US individuals’ investment in Chinese businesses. US individuals are now prohibited from investing in companies with advanced technology in China, including semiconductors, quantum computing, and artificial intelligence. The new rule, which came after a long deliberation of more than a year, banned investments in some Chinese companies while…
Temasek’s Big Investment Plans for the United States
Singapore state-owned firm Temasek Holding Pte. Ltd. is planning to invest $30 billion in the United States of America over the next five years. This decision comes as the firm is very cautious about putting money in China. The Head of Temasek North America, Jane Atherton, said in an interview on Monday, “The Americas is…