Biden issues order restricting tech investments in China ...Middle East

The Hill - Technology
Biden issues order restricting tech investments in China
source : The Hill ( Middle East ) () 25
President Biden on Wednesday issued an executive order blocking Americans from investing in certain Chinese sectors, citing the risk that those investments could spur military or intelligence capabilities. Biden’s executive order will designate China as a “country of concern,” and it will limit American investments in three categories of national security technologies: semiconductors and microelectronics, quantum information technologies, and certain artificial intelligence systems, according to the Treasury Department. The Treasury Department said the order is “narrowly targeted” in an effort to protect U.S. national security interests while maintaining a commitment to open investm

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