Finance

Biden Plans to Sign Order Curbing US Tech Investments in China by Mid-August

U.S. President Joe Biden is planning to signal an govt order to restrict vital U.S. expertise investments in China by mid-August, Bloomberg information reported on Friday, citing folks conversant in the inner deliberations.

The order would concentrate on semiconductors, synthetic intelligence and quantum computing, Bloomberg reported, including that it will not have an effect on any present investments and would solely prohibit sure transactions.


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