The chair of a U.S. House panel has requested further information regarding proposed investment regulations in China

The chair of a U.S. House panel has requested further information regarding proposed investment regulations in China

Republican U.S. Representative Patrick McHenry, who holds a prominent position on a panel with a broad jurisdiction over financial matters, including the discussion of potential investment restrictions on U.S. companies in China, has urged U.S. Treasury Secretary Janet Yellen to offer additional information. He specifically requested these details prior to her scheduled appearance before the committee on June 7th.
Representative McHenry seeks a deeper understanding of the proposed investment restrictions and their potential implications for U.S. companies operating in China. By calling for more transparency, he aims to ensure that the committee is well-informed and able to address these crucial financial matters effectively.

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