Money managers, lobbyists and members of Congress had hoped U.S. President Joe Biden¡¯s long-awaited restrictions on investment in China would make clear what was allowed and what was out of bounds.
Instead, they got more questions than answers.
¡°There¡¯s a lot left to be worked out,¡± said Jeremy Zucker, head of the national security practice at law firm Dechert LLP. ¡°It¡¯s not clear where the government will draw the line between what¡¯s prohibited and what will merely require notification. That will result in a certain amount of agony in the interim.¡±
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