chinese investments: This would certainly cut off the link between US technology and global technological advancement, according to Global Times China. Nonetheless, the tech world, minus US companies, wouldn't simply cave in to tougher scrutiny of tech deals applied by the US administration. It has so far proven fairly hard to convince the US government to stop erecting excessive barriers for foreign investment in US technology, especially Chinese investments in US tech. If one finds one of the most-favored paths blocked, there would normally be two solutions - either clear the roadblock or take another road. While a majority of China's outbound tech investments announced in the first quarter still flowed to North America and Asia-Pacific, European targets saw a marked increase in popularity, per a new report from London-based technology advisory and investment firm GP Bullhound. Apparently, tech dealmakers in China, increasingly a bustling hub for science and technology innovation, have opted for the second solution.
(news.financializer.com). As
reported in the news.
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