China’s international trade council has formally requested the U.S. to “carefully consider” regulations which forbid or restrict U.S. investments in China’s technology sector, Reuters reported citing the Asian country’s state television.
Last week, the U.S. Commerce Department issued final rules linked to the CHIPS and Science Act that aim to restrict expansion in China by semiconductor companies which will receive federal funds.
China's trade council requests US to reconsider tech investment ban comes via ChinaTechNews.com.