China pauses US-bound company investment amid trade war
PAK YIU
NEW YORK -- China has stopped approving outbound investments for companies looking to set up or expand operations in the U.S., amid trade negotiations between the world's two largest economies, Nikkei Asia has learned.
Local Chinese governments and the state economic planner, the National Development and Reform Commission, have ceased such approvals since April, according to people familiar with the matter.
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