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China warned of countermeasures after the US Treasury expanded tech investment restrictions to cover biotech
The US Treasury has expanded restrictions on American investment in sensitive technology sectors to include biotechnology, according to Investinglive. China has been warned of countermeasures in response, though further detail on the scope of the expanded rules and the nature of any retaliatory steps has not yet been confirmed. The report is carried so far only by Investinglive.
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