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In the News: US Tech Restrictions; Syndicated Loan Reform; and China SPAC Merger
April 03, 2024 | BY
Clarence Lee &Krista LeeU.S. expands its ban on forced labor and restricts domestic companies from supplying Chinese microchip factories; NFRA publishes draft measures designed to improve loan syndication in China and align with international standards; and Chinese EV company CH Auto Technology merges with a Delaware SPAC company.
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U.S. Expands Restrictions Affecting Chinese Companies
The Biden Administration has indicated it will expand the list of companies affected by the nation's ban on forced labor,the Wall Street Journal has reported.