Stocks Tank After US Plans “Emergency” Curbs On Chinese Investments

Confirming Wilbur Ross’ earlier comments, Bloomberg reports that the Trump administration is considering a crackdown on Chinese investments in technologies the U.S. considers sensitive by employing a law reserved for national emergencies, among other options, according to people familiar with the matter.

The investment curbs would be the latest step in President Donald Trump’s plan to punish China for what the U.S. sees as violations of American intellectual-property rights.

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