Bloomberg Business

Joe Biden Bans US Investment In Key Chinese Tech Sectors

President Joe Biden imposed limits on US investments in China as part of a push to restrict the country’s ability to develop next-generation military and surveillance technologies that might threaten US national security.

China Renaissance Says Bao Fan Is Still Cooperating With Probe

China Renaissance Holdings Ltd. said its chairman and founder Bao Fan is still “cooperating” in an unspecified investigation, six months after the once high-flying banker’s sudden disappearance sent shockwaves through the country’s financial services industry.