US-China investment at risk of slowdown under proposed FDI rules: report

A proposed new screening regime for American outbound investment risks harming investment relations with China and making business more difficult for US multinationals in the world’s No 2 economy, a new report said on Wednesday.US lawmakers are poised to debate a new review process for any outbound investment that might threaten critical production, supply chains or result in the transfer of sensitive technology.The so-called National Critical Capabilities Defence Act (NCCDA) was introduced by…

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