In a bid to ease tensions with Beijing, the United States will limit the scope of its coming investment curbs against China to the semiconductor, artificial intelligence and quantum computing sectors – not extending those sanctions into biotechnology and clean energy industries. The restrictions will be “narrowly targeted”; they will not be broad controls that would affect US investment broadly in China or have a fundamental impact on the investment climate for China, US Treasury Secretary Janet Yellen said in an interview with Bloomberg Television on Monday. Bloomberg reported that the investment curbs against China ... (full story)