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In addition, the White House recently issued the America First Investment Policy Memorandum, expressing concerns about Chinese investments in U.S. critical infrastructure and technology. The memorandum outlines measures aimed at preventing the PRC from exploiting U.S. capital markets for military and intelligence advancements. Key provisions include restricting U.S. investments in PRC-linked firms, creating a fast-track process for allied investments in strategic industries, and reviewing the 1984 U.S.-China income tax treaty.