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Congress prepares action on China investment

December 3, 2024 Washington Examiner

The U.S. Congress still has a month of legislating ahead. If current conditions hold, China policy appears poised to dominate a significant portion of Capitol Hill’s time. In September, House Speaker Mike Johnson telegraphed his desire to restrict U.S. outbound investment to the People’s Republic of China (PRC), and moves in this direction are expected this fall.