(Bloomberg) — President Joe Biden will sign directives on Wednesday aimed at preparing the U.S for a new era of quantum computing , as Chinese agencies and companies pour billions of dollars into the next-generation technology. The Biden administration wants America’s most vulnerable IT systems to adopt new cryptographic standards that can resist the potential threat of code-cracking posed by quantum computing, a nascent technology that does not yet exist at viable scale. Federal agencies will have to develop comprehensive plans to safeguard American intellectual property, research and other sensitive technology from acquisition by America’s adversaries, plus educate industry and…