Biden Admin. Weighing Outbound Investment Restrictions, Report Says
The Biden administration is considering an executive order that would impose outbound investment restrictions on advanced technology-related transactions in China and other “hostile” countries, The Wall Street Journal reported Sept 8. The order, which could be issued in the next…
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couple of months, would build on legislative proposals that sought to establish a screening mechanism for certain American investments that could cede U.S. technology leadership to third countries, the report said (see (2207140035 and 2209060036). The White House didn’t comment.