US restrictions on Chinese investment next front in trade dispute

WASHINGTON, D.C.: President Donald Trump this week is due to launch the next phase of his economic confrontation with Beijing, with new restrictions possible on Chinese investments to clamp down on access to sensitive American technologies.

That could open US firms like Apple and General Motors up to new forms of retaliation from China and experts worry it also marks another step in government intervention in the free market, a “radical departure” for the United States that could prove mutually destructive.