The American and Chinese flags wave at Genting Snow Park ahead of the 2022 Winter Olympics, Feb. 2, 2022, in Zhangjiakou, China. The Biden administration is close to finalizing new regulations that would tighten rules on certain overseas U.S. investment, a move aimed at limiting Beijing’s ability to acquire advanced technologies. That's according to a U.S. official familiar with deliberations who was not authorized to comment. (AP Photo/Kiichiro Sato, File)
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