Biden plans to sign order curbing US tech investments in China by mid-August, Bloomberg reports

By mid-August, Biden intends to sign an order restricting US technology investments in China, according to Bloomberg.

By the middle of August, U.S. President Joe Biden intends to sign an executive order restricting crucial American technological investments in China, according to a report on Friday from Bloomberg news, which cited sources familiar with the internal discussions.

According to Bloomberg, the order would concentrate on semiconductors, artificial intelligence, and quantum computing. It would not have an impact on any current investments and would only forbid certain transactions.


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