Limited Impact on South Korea Expected from U.S. Restrictions on China Investment: Government


On Wednesday (U.S. time), the White House announced a policy to restrict investments in certain technology sectors which could pose a threat to national security, and specifically included China, Hong Kong and Macau. These sectors include “sensitive technologies and products in the semiconductors and microelectronics, quantum information technologies, and artificial intelligence.”

The South Korean Ministry of Trade, Industry and Energy released a statement on Thursday saying that, as the restrictions will only apply to future investments and only to U.S. citizens and entities, the impact on local companies is expected to be minimal.

The ministry further noted that, if necessary, it will assess the impact on the South Korean economy and submit the government’s and local companies’ opinions to Washington.

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