• Washington hit China hard on tech influence this week

    9 days ago - By Tech Crunch

    After months of back-and-forth negotiations, Washington moved rapidly this past week to fend off the increasing transcendence of China's tech industry, with Congress passing expanded national security controls over M&A transactions and the Trump administration heaping more pressure on China with threats of increased tariffs .
    We've been following the reforms to CFIUS - the Committee on Foreign Investment in the United States - since the proposal was first floated late last year. The committee is charged with protecting America's economic interests by preventing takeovers of companies by...
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