China has suspended approvals for outbound investments by companies seeking to establish or expand operations in the United States amid escalating trade tensions between the two countries. This pause in US-bound corporate investment has been in effect since April, according to sources familiar with the matter. The freeze involves local Chinese governments and the National Development and Reform Commission, the country's state economic planner. The move reflects the ongoing trade war and strained economic relations between China and the US, impacting cross-border corporate investment flows.