As the latest potential move, industry experts

release time：

2022-05-22 13:59

As the latest potential move, industry experts said that it may have some impact on the financing of certain projects in the short term, but it will be quite limited.

China's high-tech developers are no longer facing a massive shortage of capital, and there are a lot of alternative investors from both China and overseas, experts said, noting that it will be a huge loss for Wall Street if it misses the growth opportunities in the colossal Chinese market.

US investors have been continuously showing their interest in China, from stock markets to manufacturing. A recent survey conducted by the American Chamber of Commerce in China revealed that many US companies still find the market an attractive investment destination.

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The new program is expected to cover private-equity and venture-capital investments in advanced semiconductors, quantum computing and some forms of artificial intelligence, the Wall Street Journal reported on Friday, citing people familiar with the matter. It is not a "surprising" move for Washington to extend its hostility against China's high-tech development into financial areas, but clearly it is not going to be an effective way, Ma Jihua, a veteran industry analyst, told the Global Times on Sunday. Restricting investment takes a relatively long time to produce the desired results for Washington, Ma said, and there will be a series of unpredictable events along the way.

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