President Biden notched up Washington’s trade confrontation with Beijing on Wednesday, setting in place new curbs on US investment in high-tech industries in China that ostensibly could be used to enhance Beijing’s military capabilities. Gong Honglie of Nanjing University weighed in on what he believes were the real reasons behind the crackdown.
Biden’s Crackdown on Chinese Tech Investment Caused by ‘Tussle for Votes and Power’
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