President Biden has issued an executive order that will prevent Americans from investing in some Chinese companies. “This is a major blow not only to the Chinese startup ecosystem, but really a major blow to the US venture industry,” Race Capital's Edith Yeung says.

@edithyeung Very good move by @POTUS

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@edithyeung That is rich considering his son and himself have received millions from China. I guess they want it all to themselves.🤣

@edithyeung I’m sorry @edithyeung but I disagree with you. I think this changes only a few industries for US investors, it doesn’t remove all of investment in China. Plus, there are plenty of emerging markets in other countries to invest in. 🙂

@edithyeung Totally agree. Biden's policy of protectionism and isolationism is overly aggressive and is likely to lead to various unintended consequences, ultimately detrimental to the US technological and financial sectors.

@edithyeung Alt

@edithyeung Maybe those venture capital firms should start looking at U.S. startups instead !!!! Buncha unpatriotic morons.

@edithyeung Biden only take money from China, they don't want it going the other way.

@edithyeung US influence of Chinese tech firms won't do anything when they must comply with the CCP.

@edithyeung How will the investment sector perceive the Executive Order? There're already limits in investing in Chinese companies & "US-based fund managers and investors, and also non-US funds, may all be unnecessarily losing opportunities"