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China's NDRC Denies Report on Banning US Capital for Tech Firms
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Business·22.05.2026Resumen IA

China's NDRC Denies Report on Banning US Capital for Tech Firms

China's National Development and Reform Commission (NDRC) spokesperson Li Chao denied rumors that the government plans to prohibit high-tech companies from accepting US capital. She stated that China supports international cooperation and has never required tech firms to reject foreign investment, but emphasized that foreign investment must comply with Chinese laws and not harm national security.

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