Trump signs defence bill restricting investment in Chinese tech, military firms

Source: China – South China Morning PostUS President Donald Trump on Thursday signed a sweeping defence bill that would restrict US outbound investment in Chinese technology and curb federal contracts with Chinese biotechnology companies, amid an uneasy trade truce between Washington and Beijing.
The bill, known as the National Defence Authorisation Act (NDAA), cleared both the House of Representatives and Senate earlier this month after months of negotiation.
The Senate passed the bill on Wednesday in a 77-20 vote, following its…Read More

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