Biden expected to tighten rules on US investment in China

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The Biden administration is close to tightening rules on some overseas investments by U.S. companies to limit China's ability to acquire technologies that could improve its military prowess, a U.S. official familiar with the deliberations says.

WILMINGTON, Del. — The Biden administration is close to tightening rules on some overseas investments by U.S. companies in an effort to limit

In October, the Biden administration imposed export controls to limit China’s ability to access advanced chips, which it says can be used to make weapons, commit human rights abuses and improve the speed and accuracy of its military logistics. Meanwhile, China this past week blasted the new House Select Committee on the Chinese Communist Party after it held its first hearing on countering Beijing's influence. Foreign Ministry spokesperson Mao Ning demanded its members “discard their ideological bias and zero-sum Cold War mentality.”

A White House National Security Council spokesperson declined to comment on the Treasury and Commerce reports, but noted that administration officials have kept Congress apprised on its progress in crafting an approach to overseas investment.

 

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Yeah!!! They have stolen enough Mr President SHUT down Tik Tok!!!

We don't want them starting any more Covid-19 epidemics, now, do we?

Especially germ warfare development capabilities. Right, Pres. Bozo?

Sounds good 👍🏼

Joe Biden needs to medical attention and then a ail sentence corruption will all be revealed once trump is back in office

Is this picture right before he runs away from questions about t Origin of COVID? Or are you still lying to AMERICANS that COVID came from a Wet Market?Is ABC still lying that if you get the COVID Vaccine that U can't get or give COVID?How long did you tell that LIE to AMERICANS?

So..what Trump was doing.

This fascist regime won’t allow Novak to enter. Cmon man!

A little late there Brandon. I'm sure these measures will have no bite or effect.

FJB

Close means never when it comes to Biden.

I bet he’ll still allow china to buy land near our military bases

china owns the biden's. Bought and PAID 4

Good move

Tight rules in the USA too! Don’t allow them to buy land close to American Military Bases!

We'll see...

Yeah!!!! Good for us!!

Years to late

Stop allowing foreign countries to buy America farmland and food plants

Should have done this a long time ago

By close, they mean he has to ask Putin first!

over $100 billion of taxpayer dollars are profiting U.S corporate weapons manufactures in a useless proxy war while 7 out 10 Americans are living paycheck to paycheck. profit over people. corporate tyranny or conscious revolution.

Biden and Co. allowed a balloon satellite across our nation. So, tell us again how Biden and Co. will limit China’s military prowess?

Biden is destroying our country!!

Like what? All talk…no action

No foreign leaders fear or respect dementia Joe. China is laughing their ASSES off at how weak & feckless Brandon really is💯🤮

Rather late, as they probably have most of our stuff by now. What about the Chinese citizens enrolled in our Universities?

Jesus...

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