Governments Are Clamping Down On Foreign Tech Investments

Governments Are Clamping Down On Foreign Tech Investments

4 years ago
Anonymous $-riAjkQg_1

https://www.wired.com/story/opinion-governments-are-clamping-down-on-foreign-tech-investments/

Last week, Russian President Vladimir Putin instructed his cabinet to launch a new investment cycle “to ensure economic growth rates above the world level.” Yet just a few weeks earlier, he recommended the legislature pass laws to protect investments in Russian industry—specifically highlighting the need to protect Russian data. (As with all of Putin’s “recommendations,” it came with a deadline attached: April 30.)

Russia is not the only country scrutinizing foreign investments in its domestic tech while simultaneously pushing for economic growth. The United States, Israel, China, and other countries are seeking to build better screens.