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U.S. Aims to Curb Investment in China Amid Security Concerns



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Others say that China has access to plenty of other sources of funding worldwide, and that cutting off access would prevent U.S. companies from benefiting from Chinese innovations.“Getting the details right on outbound investment screening is easier said than done,” said Rory Murphy, the vice president of government affairs for the U.S.-China Business Council. “These are technical and complicated sectors, and the details are critical.”He added that his group wanted to “help policymakers thread the needle of achieving their national security objectives while not going too broad and putting U.S. companies at a competitive disadvantage.”Investment firms including Blackstone, KKR, Sequoia, Carlyle Group, Bain Capital, Silve …

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