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US-China tensions

Biden crackdown on Beijing dims hopes for Chinese companies in US

Survey shows more businesses had expected better bilateral relations after Trump

U.S. President Joe Biden has cited national security risks and reinvigorating the American economy as key reasons for restricting trade with some Chinese companies. (Nikkei montage/Reuters/AP)

PALO ALTO, U.S. -- President Joe Biden's recent crackdown on Chinese companies is testing early optimism that U.S.-Sino relations and business prospects would improve under his watch.

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