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China J-20 stealth fighter jet
A J-20 stealth fighter jet at the 14th China International Aviation and Aerospace Exhibition in Zhuhai on November 8, 2022.

Deng Hua/Xinhua via Getty Images

  • Rep. Mike Gallagher urged President Biden to widen limits on US investments in China.
  • Forthcoming restrictions should cover US participation in Chinese public markets, he said.
  • "If American capital continues to flow to Chinese military companies, we are at risk of funding our own destruction."

Rep. Mike Gallagher, R-Wisconsin, has appealed to the Biden administration to introduce stricter curbs on US investment in China, according to a letter obtained by the Financial Times.

Tags
Markets, MI Exclusive, China, Investing, Foreign investment, Beijing, China growth, Mike Gallagher, Biden administration, semiconductor, artifial intelligence
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US risks 'funding our own destruction' if investor capital flows to Chinese def…