Australia's SWF screening portfolio for Chinese firms at risk of US bans

Australia's SWF screening portfolio for Chinese firms at risk of US bans

Australia’s sovereign wealth fund, the Future Fund, is screening its portfolio for Chinese companies at risk of US investment restrictions, its chairman said on Tuesday.

The Biden administration plans to ban investments in some Chinese technology firms and increase scrutiny of others, sources have said, as part of its plan to crack down on the billions that American firms have poured into sensitive Chinese sectors.

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