In the News: US to Propose Barring Chinese Software in Cars; China Tightens Offshore Investment; and Chinese Firms Plan to Expand to the US Midwest

August 15, 2024 | BY

Brian Chan &Krista Lee

U.S. plans to restrict Chinese software in electric and internet-connected cars; China increases control over offshore capital flows; and Chinese firms plan to expand into the U.S. Midwest but have regulatory concerns.

Promulgated: 2024-08-04

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US to Propose Banning Chinese Software in Autonomous Cars

The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and internet-connected vehicles, according toReuters. In November,