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Will U.S. Investment Limits Hinder China’s Tech Growth or Backfire?
June 28, 2024
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The U.S. has further restricted investments in Chinese high-tech companies and industries, aiming to curb China’s technological advancement and gain an upper hand in the U.S.-China tech war. But will this strategy truly hinder China’s tech development, or will it result in missed investment opportunities and financial losses for American capital? Moreover, could it push China to pursue self-reliant innovation even more vigorously, ultimately leaving it without competitors in the tech sector?