28 Mar 2018
US to restrict Chinese investments – Danske Bank
According to sources, the Trump administration is considering to restrict Chinese investments in tech companies, notes the research team at Danske Bank.
Key Quotes
“Trump has given Treasury Secretary Mnuchin 60 days to come up with solutions after the results of the US investigation on Chinese theft of US intellectual property rights and this is likely one of them. The story was partly backed by comments from Commerce Secretary Wilbur Ross. We still expect the trade war to end up being more verbal than economical but in any case, it is going to be very slowly fought and not a theme that will go away for the next couple of months (at least).”