President Joe Biden will release this week an executive order to scrutinize outbound investments in sensitive technologies to China, according to a Reuters report. The order is designed to stop U.S. capital and expertise from supporting the development of technologies that could modernize China’s military and eventually threaten U.S. national security, the report added. Sources...
President Joe Biden signed an executive order Wednesday authorizing the Department of the Treasury to regulate U.S. technology investments in China and other countries of concern. The regulatory measure covers three technological sectors sensitive to national security, namely: semiconductors and microelectronics, quantum information technologies, and artificial intelligence. The EO follows extensive and thorough consultations by...