Shuli Ren, Columnist

Trump Tech Ban? China Chipmakers Don't Care

They've already turned away from overseas acquisitions.
Photograph: iStock/Getty Images
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Just as the market's love for the FANG1522209624311 stocks turns to angst, the U.S. government is looking to ban Chinese investments in its technologies. That's a bigger problem for the country's expensive chipmakers than their would-be Asian acquirers.

Semiconductors and 5G wireless communications are among areas that would be placed off-limitsBloomberg Terminal under plans to invoke a law reserved for national emergencies, Andrew Mayeda, Saleha Mohsin and David McLaughlin of Bloomberg News reported Wednesday in Asia. The restrictions would be the latest step in President Donald Trump's plan to punish China for what he sees as violations of American intellectual property rights.