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Biden’s decree: the trade conflict continues

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By Finn Mayer-Kuckuk

Published: August 11th, 2023,
Last updated: May 28th, 2025

The White House’s new sanctions against China mainly target the US financial industry. Its tone and direction are more of a concern to Europe than the measure itself. The US and China continue to drive a wedge in the global market.
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The White House has decreed: Capital investments by US investors in Chinese high-tech companies will no longer be possible as of next year. The founding of joint ventures is also prohibited. The following sectors are affected:

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