US tech companies that receive federal funding will be barred from building “advanced technology” facilities in China for 10 years, the Biden administration has said. The guidelines were unveiled as part of a $50bn (£43bn) plan aimed at building up the local semiconductor industry. US Commerce Secretary Gina Raimondo said on  Wednesday, September 7 while … Continue reading Just In: US Bans Tech Firms From Building Factories Or Investing In China For 10 Years