NEW YORK -- China has stopped approving outbound investments for companies looking to set up or expand operations in the U.S., amid trade negotiations between the world's two largest economies, Nikkei Asia has learned.
Restrictions have been in place since April with no clear end
The Chinese government is believed to have stopped processing applications for outbound investment to the U.S. since April. © Reuters
NEW YORK -- China has stopped approving outbound investments for companies looking to set up or expand operations in the U.S., amid trade negotiations between the world's two largest economies, Nikkei Asia has learned.