The Biden administration's long-awaited executive order on U.S. investments in Chinese companies leaves open plenty of questions on how it will be implemented.
notice includes wide-ranging requests
Among the many other questions, the Treasury is asking for areas within the three overarching categories where U.S. investments into Chinese entities would "provide a strategic benefit to the United States, such that continuing such investment would benefit, and not impair, U.S. national security." "This has been under consideration by the administration for a couple of years now," she said. "One of the things that's important is to take [the regulatory process] at a slow speed to understand what the ramifications are for U.S. businesses."
However, the niche industry of China-based venture capitalists — which raise funds from U.S. investors to invest in Chinese start-ups, many tech-focused — is already struggling.
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