The soon-to-be-issued executive order from President Joe Biden will limit American investment in advanced technologies that have national security applications -- such as next-generation military capabilities that could help China improve the speed and accuracy of military decision making, according to the official, who was not authorized to comment and spoke on the condition of anonymity.
The complicated relationship has become further strained in recent weeks after the U.S. shot down a Chinese spy balloon last month that traversed the country. The Biden administration has also publicized U.S. intelligence findings that raise concern Beijing is weighing providing Russia weaponry for its ongoing war on Ukraine.
Administration officials have been consulting with allies as they've worked on formulating the new regulations on U.S. investment, according to the official.
But he’ll still get his cut, don’t you worry…
Biden: Dear China, we are so sorry we shot down your spy balloon and charged you with spying on our sensitive military data. Here, allow us to give you money to make up for it, while we kiss the new Supe Power's countires ass.....please do not hate us
Canada needs to nationalize China portions of the oilsands. Kick China ownership out of Canada JustinTrudeau
Lol...
Wasn’t that what trump did a while back and got attacked for it by the mSM. What a bunch of hypocrites.
China owns the Corrupted Biden's.
😂😂😂but china owns 70% of usa….
No more to China plain and simple. Cut them off
Trump was already hard on China then Biden came in.
Both the USA and Canada should be more worried about Chinese investment here, especially when it comes to essential minerals.
Trudeau better change his investment portfolio 😜😆😆