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U.S. Issues Final Rules to Keep Chip Funds Out of China

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U.S. Issues Final Rules to Keep Chip Funds Out of China

  • By Ana Swanson

The Biden administration on September 22 issued final rules that would prohibit chip companies vying for a new infusion of federal cash from carrying out certain business expansions, partnerships and research in China, in what it described as an effort to protect United States national security.

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