China to curb US investment in tech companies, Bloomberg News reports
China plans to restrict top technology firms, including leading AI startups, from accepting U.S. capital without government approval. The measures aim to prevent U.S. investors from gaining stakes in sensitive technologies linked to China's national security.
China is set to curb U.S. investment in its tech companies, according to a Bloomberg News report. The country's regulators have instructed several private technology firms to reject U.S. investment in funding rounds unless explicitly approved. AI startups Moonshot AI and StepFun, as well as TikTok owner ByteDance, have received the guidance. The measures aim to prevent U.S. investors from gaining stakes in sensitive technologies linked to China's national security. The move follows Meta's $2 billion acquisition of AI startup Manus in 2025, which triggered investigations into foreign investments in Chinese companies and technology exports. Washington has also imposed its own restrictions on U.S. investment in certain Chinese AI, semiconductor, and quantum firms, citing security concerns.
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