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China Builds an Economic Fortress as Global Tensions Rise
business

China Builds an Economic Fortress as Global Tensions Rise

1 min read

Beijing says the changes are needed for national security, but they could complicate efforts by Chinese companies to find growth overseas.

China is erecting walls to prevent money, technology and companies from leaving the country. This week, the State Council, China’s cabinet, announced new rules requiring national security screening for Chinese companies seeking to invest overseas. Th... [1501 chars]

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Source: The New York Times

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