BEIJING, April 22, 2023 : Beijing accused the United States Friday of "naked economic coercion and technological bullying", in response to Washington's potential new restrictions on US firms' ability to invest in Chinese entities. The Biden administration is considering a programme to restrict certain US outbound investments involving specific sensitive technology with significant national security implications. Beijing's ambitions in the tech sector have already been hit by existing measures imposed by Washington and its allies, with Chinese authorities doubling down on the need to move away from imports for key sectors such as semiconductors.
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