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Chinese tech stocks are sinking after report says the Treasury Department is looking to block Chinese companies from investing in US companies involved with 'industrially significant technology' REUTERS/Kim Kyung-Hoon The US Treasury Department is drawing up rules that would prevent firms with 25% or Chinese ownership from invest in US companies involved with"industrial significant technology." Chinese tech stocks are getting whacked on the news. Chinese tech stocks are falling Monday after a Wall Street Journal report said the US Treasury Department isdrawing up rulesthat would prevent firms with 25% or Chinese ownership from investing in US companies involved with"industrially signifi...
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