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Sequoia rolls back China tech investments amid growing national security concerns
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Sequoia Capital has started screening some investments its China arm is considering in technology companies there for US national security concerns, according to people familiar with the matter, as Washington steps up efforts to stop American money from funding China’s development of sensitive technologies.
The Biden administration is expected to soon unveil investment restrictions that would prevent US capital from flowing to companies and startups in China that are developing cutting-edge technologies in sectors including...
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