China slows down reviews of M&As involving US companies: report

China slows down reviews of M&As involving US companies: report

FILE PHOTO: Flags of U.S. and China are seen in this illustration picture taken August 2, 2022. REUTERS/Florence Lo/Illustration

Chinese regulators have slowed down their merger reviews of several proposed acquisitions by US companies, the Wall Street Journal reported on Tuesday, a move seen as a response to Washington’s curbs on China’s tech industry.

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