Biden Signs Narrow China Investing Rules as US Seeks Better Ties

  • 📰 BloombergCA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The order, announced Wednesday, would regulate US investments in some Chinese semiconductor, quantum computing and artificial intelligence firms

signed an executive order limiting US investment in some Chinese firms, part of a push to restrict the country’s ability to develop next-generation military and surveillance technologies that might threaten US national security.

. It was signed after almost two years of deliberations in which China hawks argued for faster and more stringent action while others, including the Treasury Department, pushed for narrower measures that would take longer to go into effect.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 73. in BUSİNESS

Business Business Latest News, Business Business Headlines