Biden signs executive order to limit US investment in China’s tech industry
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The press service of the US Treasury issued a statement saying that President Joe Biden signed an executive order to limit US investment in China’s technology industry.
It is specified that these restrictions will affect the sphere of semiconductors and microelectronics, quantum technologies and artificial intelligence.
The move is in response to “a threat to US national security from feared states” and developments involving the use of secret or advanced technologies and products that “play a key role for intelligence activities, surveillance or means in cyberspace,” the Treasury said.
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