Biden plans to curb investment by US firms in Chinese tech - NYT

📆 09/02/2023 19:20:00
📰 ChannelNewsAsia

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The Biden administration is poised to introduce new restrictions on U.S. companies funding the development of advanced computing technologies in China, the New York Times reported on Thursday.The U.S. last year published a sweeping set of export controls, including a measure to cut China off from certain

The Biden administration is poised to introduce new restrictions on U.S. companies funding the development of advanced computing technologies in China, the New York Times reported on Thursday.

It has also been working on curbs to investments by U.S. firms for months and the measures are now largely complete and could be issued within two months, the newspaper said, citing people familiar with the discussions.

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