US Congress to vote on new restrictions on investments in China

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An annual defence Bill could ban China-based DJI from selling new drones in the US market. PHOTO: REUTERS US Congress to vote on new restrictions on investments in China – The US Congress is set to vote in the coming days on legislation restricting American investments in China as part of a Bill to fund government operations through mid-March, lawmakers said late on Dec 17. In October, the Treasury finalised rules effective on Jan 2 that would limit US investments in artificial intelligence and other technology sectors in China that could threaten US national security. The Bill expands on those...