Biden plans to sign order curbing US tech investments in China by mid-August, Bloomberg reports
Technology
Biden plans to sign order curbing US tech investments in China by mid-August, Bloomberg reports
(Reuters) - U.S. President Joe Biden is planning to sign an executive order to limit critical U.S. technology investments in China by mid-August, Bloomberg news reported, citing people familiar with the internal deliberations.
The order would focus on semiconductors, artificial intelligence and quantum computing, Bloomberg reported, adding that it would not affect any existing investments and would only prohibit certain transactions.
