US Investors Face Uncertain Future in China After Tech Ban

Private equity and venture capital funds targeted in Biden administration's crackdown. From a report: After President Joe Biden announced a ban on US investment in some of China's critical tech industries, the founder of a Shanghai-based semiconductor start-up felt forced to react. "After the news came out, I was determined to move the team out of China, at least part of the team," the person said, asking not to be named because of the sensitivity of the subject. "Otherwise, the financing will b