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Trump decides against harshest measures on China investments

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Trump announces his plan to crack down on foreign investment - and it's much less harsh than expected

From cnbc.com

The White House won't be looking to block companies with 25 percent or more of Chinese ownership from buying certain U.S. tech-related companies. Instead, the government will rely on the newly strengthened Committee on Foreign Investment in the United States to deal with concerns about foreign purchase of sensitive domestic technologies, a senior administration official said Wednesday. The issue has stirred controversy this week following news reports Monday that President Donald Trump was looking to step up efforts to safeguard U.S. technology. The administration has sought to stop China from stealing intellectual ... (full story)

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